Danakali Share Discussion Threads

[357aman] 05/7/2002 16:51

Real-Time Quote
Time of last trade: 11:47:00 AM Eastern.Danka Business Systems PLC
Last 2.95 Bid 2.95
Change -0.05 Ask 2.98
Volume 150,000 Bid/Ask Size 1200.00 X 400.00

Day's High 3.08 Open 2.95
Day's Low 2.95 Close 3.00
Real-Time Intraday Chart StockScouter Rating NA
Nasdaq National Market

[357aman] 05/7/2002 16:49

This is what you call volume!!!Real-Time Quote

Time of last trade: 11:46:00 AM Eastern.Xerox Corporation
Last 6.44 Bid 6.43
Change +0.40 Ask 6.45
Volume 3.493 Mil Bid/Ask Size 1100.00 X 200.00

Day's High 6.50 Open 5.95
Day's Low 5.75 Close 6.04
Real-Time Intraday Chart StockScouter Rating

[357aman] 05/7/2002 16:41

even xrx is doing better than danky!!!

[serious punter] 05/7/2002 15:20

Up stateside 3.08 good volume

[serious punter] 05/7/2002 14:59

MMs tree shaking - still at $3 stateside (as I post) and decent vol 49k so far

[webley] 05/7/2002 14:33

Recent afx

NEW YORK (AFX) - Xerox Corp said it will ask shareholders to approve a
proposal to raise the number of authorized shares to 1.750 bln usd from 1.050
bln.
In a regulatory filing with the US Securities and Exchange Commission, Xerox
said adoption of the proposed amendment would provide 750 mln additional shares
for future issuance.
Although these additional unreserved shares would provide
future flexibility, there are no specific present plans or proposed
transactions for their use, it said.
"The board of directors believes that the company should have sufficient
authorized but unissued shares of issuance in order to access the capital
markets by offering shares of common stock or other securities exchangeable or
convertible into shares of common stock for cash," Xerox said in the filing.
Xerox said the shares could be used in connection with equity for debt
exchanges, employee benefit plans, mergers and acquisitions, stock splits, stock
dividend and other business purposes.
"Although no specific transactions have been arranged, management intends to
access the capital markets opportunistically as soon as practicable for the
purpose of funding debt maturities," it said.

Potential massive dilution! May drag down the sector but could encourage those wishing to stay in the sector to move to a better coy - eg DNK?

[oaklandsway] 05/7/2002 13:24

Good luck for everyone who bought CEL, could move further up. We heard prediction of 20p but please be realistic considering market condition.

[oaklandsway] 04/7/2002 21:25

Final Capitulation?

So far after Q4, any rallies look to be short-lived. Although we saw strong support at $3.40 but yesterday the price fell further lower caused by the bear market and no further news from Danka to help current mainstream view about bad news especially crisis or fraud in several big corporates which seems to overwhelm the sentiment in one direction.

Did yesterday sell-off appear to be a final capitulation?. We saw an emotional phase in which stock prices drop vertically for a short space of time (last 8 minutes of the trading), but was the rebound to $3 strong enough to consider the sudden drop as final capitulation?

We will see the answer soon. I will write the theory and the fact.

[oaklandsway] 04/7/2002 15:59

Great max, hope more uni will use HD 9110.

[maxbubble] 04/7/2002 15:29

Oaks, no we use Danka internally in our offices and u just cant beat them for service

[oaklandsway] 04/7/2002 15:19

Hoping More HD 9110 To Replace Xerox.

The print shop at Louisiana State University's Health Science Center took a giant step in updating its digital printing workflow when it replaced an aging Xerox DocuTech with a new Heidelberg Digimaster 9110 Network Imaging System with Fiery DPS 9110 software from EFI.

[serious punter] 04/7/2002 15:14

Hmmm 50k+ sold MM prices not even moved a fraction :0)

[oaklandsway] 04/7/2002 15:13

Danka's D-Publisher Produces
Course Packs at Cornell University
Efficiently and Affordably

[serious punter] 04/7/2002 15:10

Easykill

Yes - where the author's view was that DNK results would be good. They've apparently had a good write up across the pond, but I haven't found the reference yet. I will post it asap :0)

[oaklandsway] 04/7/2002 15:06

max, do you work for printing company?
This is another reported experience

[serious punter] 04/7/2002 14:11

coscos

DNK has a habit of gapping up. There is no good reason for DANKY to have dropped yesterday stateside. Fidelity buying into DNK in May is a very good omen, let alone the way the company is now progressing. AND with all these scandals around, I believe DANKY/DNK is the only company within its sector that CAN PROVE IT'S GOT CLEAN BOOKS:0)

[coscos] 04/7/2002 13:59

Agree with you share price 100%. Watched the trades carefully in US yesterday and it was obvious that the MM's were casually dropping the price in order to mop up stock. They obviously felt that with the July 4 trepidation in the States, many punters would prefer to not be in the stock/stockmarket at all, hence an easy and definite way for them to clean up.

I am expecting a serious bounce back next week, especially as the results are now in sight. I'm also expecting a quick and sharp move northwards with this one, with a possible 20% gain in a day.

All imo, dyor of course....

[serious punter] 04/7/2002 13:51

Has anyone noticed that the MMs are paying a premium to the touch. That means THEY WANT YOUR STOCK. Keep hold and let it move back north :0)

As I have posted previously here, results due out at the end of the month. No doubt we'll attract the T20 brigade

[maxbubble] 04/7/2002 10:32

As a DANKA customer got a nice letter this morning first paragraph reads :-

Here at DANKA we are currently "riding the wind of change", over the coming months significant investment is being made in our people,premises,services and systems. The reason behind this investment is simple, its you our customer.

[chestnuts] 04/7/2002 09:52

Istelboy you are probably right this should kick in north very soon

[itstelboy] 04/7/2002 09:48

MM's seemed to be manipulating the price in US yesterday marked down 20c at market open for no reason. Trying to get stock in cheap no doubt before the run up to Q1 results!

[chestnuts] 04/7/2002 09:44

Mt i didn.t know that, so it probably won't be busy most people will have along weekend and give everybody time to reflect and get their heads together and so called experts saying the ftse and other indisce will go to such and such lows should keep their mouths shut or made accountable in talking the prices downs as they maybe shorting everything this is just my opinion

[357aman] 04/7/2002 08:58

God save USA and my little dinkey!!

[serious punter] 04/7/2002 08:40

MT Glass

Your last sentence IMHO is a bonus. UK can take the lead :0)