Danakali Share Discussion Threads

[dazz17] 30/5/2002 00:01

oak,

thanks for the that........ that's cleared up one of my
?????????????

[sigora] 29/5/2002 22:39

now now ff calm down willjam is knew to this board (i think ) he is given us another angle from within the sector we must respect everyones point of view anyway your supposed to be long now so surely willjams comments should be music to your ears.

[maxbubble] 29/5/2002 22:20

With the general overall financial state of the sector - there will be no cheap per copy deals for a while - which is good news for the leanest!!!!!

[willjam] 29/5/2002 22:16

In theory yes, there should be no jamming fraud etc but technology opens one door as it closes another.

In practice however it works most times.

It is amazing that a few years ago they were talking about the paperless office but in actuality the volume of copies printed and copied continues to rise as technology makes it easier to print more and quicker.

Also Colour is growing all the time

This however takes time and patience and therefore my timescale is end 2003 with a steady, if jumpy, upwards direction in price

[maxbubble] 29/5/2002 22:11

Willjam

Am I right in saying Digital also overcomes the problem of meters jamming/meter fraud?

[sigora] 29/5/2002 22:09

thanks for the insight and taking the time to explain to a simpleton. cheers mate

[willjam] 29/5/2002 22:06

If you increase your revenue by 1000 per month at the end of the year your base revenue will have increased to78 times the monthly increase ie 1+2+3+4 etc, so that from a standing start your revenue will go from 1000 to 78000 annual rate.In year 2 the factor is I think 222 ie 13+ 14+15 etc

Work out the effect this has on profits if you are on a high margin with fixed direct costs, It is dramatic

[erik-007] 29/5/2002 22:05

Thanks - Psychidoc.

Thanks - Oaky.

LOL

[sigora] 29/5/2002 21:59

Remember the rule of 78.s. sorry ! come again.

[maxbubble] 29/5/2002 21:55

Thanks Willjam - 100% correct

Am I right in saying Digital also overcomes the problem of meters jamming/meter fraud?

[willjam] 29/5/2002 21:55

very well

They have made the cuts and taken the pain, I am not sure the others have

Danka appears to be lean and mean and their new technology is cutting edge and allows them to make inroads in to other bases. Remember the rule of 78's

[sigora] 29/5/2002 21:52

thanks for the insight willjam, in your opinion how does danka compare to thier u.s peers i.e ikon, xerox etc?.

[willjam] 29/5/2002 21:49

There are lots of rumours but a buy-out of Danka Europe by third parties is more likely as Ricoh already have a large market share in their own brand and appear to be well managed and profitable,and taking over a distributor would probally not increase market share but actually reduce it overall.They also sell as Rex Rotary, NRG,Gestetner ETC ETC But Danka/Infotec is the most dynamic and fast growing brand and I can see no logic

[sigora] 29/5/2002 21:44

good post willjam working in the same sector do you know of any rumour of ricoh taking over danka europe?.

[willjam] 29/5/2002 21:40

in response to 4562 the transfer to Digital technology means in practice an increase in margin, because less parts and consummables are used as the technology does not need them

Secondaly less labour as there are less call outs and volume per engineer can actually triple

Thirdly the actual copy volume increases due to more realibility and usability and the speed

This is somewhat offset by lower chargeable cost per copy but the actual return approx doubles.

I am in the industry and can assure you that these are factually true.

Unfortunately some less informed people will come to the wrong conclusions

The change from Analogue to Digital has come much quicker than anybody anticipated and hence Danka had write offs and redundancies last year but they acted sooner than their competitors and Ricoh digital technology is at present well
ahead of most competitors, ie Canon Xerox etc and hence their placements and revenue is increasing quicker.especially in Europe

Also they were quicker to adapt.

2001 was a difficult year for the industry for obvious reasons, but this has changed dramitically in 2002, especially in Europe. I would tend to agree with Oaks in most of his statements, the other fool is just playing games and getting the attention and reaction he obviously craves. I think it might be Roy Keane in disguise

[oaklandsway] 29/5/2002 21:39

Institutional trading went up to 70%, no wonder the share price went up nicely.

[blockbuy] 29/5/2002 21:25

coming backup to the 38d ma.

[blockbuy] 29/5/2002 21:22

So another +ve start to the am then imho.

[oaklandsway] 29/5/2002 21:20

nearly all ..... :-)

Hitting $3.86 four times before closing hours, once after that and twice at $4.14 until 16.02.