Danakali Share Discussion Threads

[tizo] 08/7/2002 17:13

Topped up again.Share price of 47.25p in the UK gives a price earnings ratio of 1.052 with a market cap of just 117.22 million English pounds.Isnt this cheap and UNDERVALUED enough .Sales/Market Cap Ratio is well over 11 times 11.875 to be exact.Stockmarket Guru JIM SLATER says anything that is 5 times is vastly UNDERVALUED.So what would you call Danky.VERY CHEAP.TIME WILL TELL!

[easykill] 08/7/2002 16:21

selling run out of steam in the US. Hopeful it can end near $3 today.

[psychicdoc] 08/7/2002 16:17

bb graphs are not everything for shucks sake,this will make me more money than any other i can think off , i am not interested in the short term i believe in 9-16mths this will be atleast a 3-4 bagger if not more

[blackbear] 08/7/2002 16:12

does any one here use graphs for their trading?

[easykill] 08/7/2002 16:11

the last two trades were mine : 7,000 + 13,000 purchases

[psychicdoc] 08/7/2002 16:06

cinoib read oaks posts on the yahoo board posted this morning

[psychicdoc] 08/7/2002 15:52

just got another 6k and if it goes there shall buy bucketfulls

[dazz17] 08/7/2002 15:47

pychic,

don't you mean a great buying opportunity at 30p i wouldnt put that beyound reach at the moment........just thinking

[dazz17] 08/7/2002 15:44

averadeing down is a duff way to buy stock learn to read chart's and the indicator's.......

[psychicdoc] 08/7/2002 15:27

peter just topped up with 12300 at 47p,i think great buying opportunity thinking of buying another 20k maybe a couple penny cheaper if it gets there

[cinoib] 08/7/2002 15:27

Oaklandsway,
need some reasurance old pal otherwise I,m bailing out befor it sinks into oblivion and takes me with it. I carn't find any good reason for the drop, unless somebody knows something via the back door.

[dazz17] 08/7/2002 15:16

lol......go with the flow and improve your bank balance.......

edit..near term that is

[rebel] 08/7/2002 14:38

market makers?

[blockbuy] 08/7/2002 14:32

doh....2,84 = 47p

[blockbuy] 08/7/2002 14:31

hi all, hope this stays above 50p. thing is dollar is getting weaker (1.5302) and there is no stock souter rating at the mo.

[solis] 08/7/2002 14:30

For once i-watch showing buying interest ............. but at low price

[serious punter] 08/7/2002 14:13

Pre Market across the pond appears to show buyers prepared to pay above $3 - encouraging :0)

[atsuresh] 08/7/2002 11:25

dazz17,

u r right about us indices likely to fall. but danky doesn't follow
us indices. if that were true, for a raise of 300+ points danky remained
unchanged. also friday's us market was not a typical day.. was it?

if u are long like me (bought at 14.75,19.8) sit back & relax

[dazz17] 08/7/2002 10:46

Just a few thought's with the US indices due to fall this afternoon and touch last week's low some time this week best to wait and see,for now........danky in the US is in the balance again but it could go lower........the sooner it get's to $2.00 is when some decent buying will happen and anouther chance to profit??

not for me yet ..and all IMO of course

[chestnuts] 07/7/2002 10:21

bb i am glad you have made some money but becareful if i am thinking and looking at the trades in the USA it looks like the mm are manipulating the market (shaking the tree)trying to get stock on the cheap getting ready for the rally for the interims and when this comes it can really catch you out if i was you i would close my position and say thankyou very much.

[blackbear] 06/7/2002 23:21

the market has no interest in sails , homely women or rubber. although i understand what traders do in their spare time is their own buiseness.

blackbear.

lol

[chestnuts] 06/7/2002 19:01

I copied this from yahoo


Hello again fellow share holders. I want to thank all of the posters on this board who keep bringing good research and advice. Boyd, BRS and many others. Your encouragement and support will help many receive the reward for holding on through the tough times. You can tell much about a person’s intelligence by the words they use to make their point. Many of you are very bright, please don’t let your impact on this board be minimized by stepping down to the level others are trying to bring you to. You can’t get positive results with negative energy. It just can’t work. There is a lot of concern as to why Danky seams to go against the market performance. Think of Danky as the homely woman. When the good-looking lady’s going out on dates, she sits at home, no one is thinking about her. When she is the only game in town, i.e. all other stocks are down, she starts to get more and more calls. As soon as the market picks up, she is forgotten for awhile. Now this homely woman is starting to blossom a little. The ugly duckling thing. As here assets grow, and her features become more attractive, the blue bloods will come calling. Or some big handsome company will make her his wife, i.e. buyout. Either will take some time, but one or both will happen. That is good news for the family members that stay behind her all the way.

Why is this industry in trouble? About 10 years ago company’s started using desk top printers in larger and larger numbers. HP would just about give you the printer to sell you a drop of ink for 6c a page. That’s why they don’t have easy to read meters on them, don’t want people to do the math. 20,000 prints per month x 6c = $1,200.00 x 12 months = $14,400.00 per year for ink and toner alone. I can personally tell you that there are a lot of company’s doing just that and don’t even know it. About two years ago printers started to bypass copiers for the numbers of copies/prints being made countrywide. Ad to this more and more e-mail and paperless communications, and you have a lot less service and supply revenue for company’s like Danka. Lang Lowrey knows this and is working hard to make Danka a solutions provider company, with optical storage and retrieval and software solutions to increase productivity. He is also pushing Danka to connect more of the copiers sold to the customer’s network to recapture the lost revenue. This allows Danky to hold a better profit margin, as service and supplies on a copier at list price are only 1.5c –Vs- 6c on a printer.

As we move closer and close to a paperless society, the companies in this industry that will prosper are going to be the forward thinking ones like Danka. When they bought Kodak they bought the industry’s best-trained support people for just this kind of market. Danka sells more Heidelberg high volume printers then all others venders combined. This includes Heidelberg, Ikon, IBM, Canon and some independent dealers. In fact last year IBM bought several Heidelberg 9110 printers from Danka even though they sell it themselves because of Danka’s first rate support team. When you consider that a loaded up Heidelberg 9110 cost almost a half a million dollars, that’s a strong vote of confidence.

I believe Danka’s sail is hoisted, and the rudder is set, Lang is at the wheel and the wind will blow soon.

God bless and good fortune to all.

[chestnuts] 06/7/2002 18:42

Oak when do you think the rally will start for the interims and why do you think this as been so far so oversold i might even buy some more because this stock next year could easily be £2,00

[chestnuts] 06/7/2002 08:23

Jag Good post