Danakali Share Discussion Threads

[matt1231] 10/7/2002 13:41

ff,
one question you keep ignoring is "at what price would you buy or consider buying DNK/DANKY?

[forfaiter] 10/7/2002 13:38

It amazes me that certain posters get so excited......if you have done your research and believe in the long term prospects.....then surely a weakness in the price is a buying opportunity for greater future gains ?

On the last run up several years ago I first bought at 30p and it went to 90p in a couple of weeks...before I had chance to celebrate.... it went straight back down to 30p when Dan Doyle resigned.....on which I bought more.....eventually selling the whole lot for just under £2....less than a year later.

Trading pays the bills......long term investing buys your freedom...

[tizo] 10/7/2002 13:33

Maybe FF used to go long on shares before he obtained the knowledge to short shares? Come on folks be fair, so far he's been right and us wrong, you have to give him credit for that at least but maybe our day will come after the next earnings release then maybe we will see for sure that the turnaround is here!

[easykill] 10/7/2002 13:32

forfaiter

I know one thing is that you are patronising little individual. I dont need someone as insignigficant like you tell me I have lot to learn. Especially from a person who buys a dudd like LGD.

[oaklandsway] 10/7/2002 13:26

friends,
you have a valid statement from funny fans today that "the market pricing is in collapse" and "good to buy selected stocks for 6-12 months investment", although funny fans did not mention DNK but the fact he is visiting DNK most of the day and also Danky in Yahoo until late evening. Danka is his interest.

So, please he is trying to excite your emotions. He spins "part of facts" just to put pressure until he feels he is in the right side of the market to re-load DNK. That need lots of effort because lots of others do not like that kind of pressure or spins.

Anyway, I would prefer to use a reference and start trading rather than waiting the right market just to start buying. The market pricing is in collapse but earning must come soon, no warning from Danka so far.

[forfaiter] 10/7/2002 13:25

EK...bless you...you have a lot to learn....LOL

[easykill] 10/7/2002 13:23

Outlook
We expect one more year of revenue decline as implementation of the
new business model is completed, then a return to growth. Even so, this
year, with gross margins continuing to rise and costs again top sliced,
should see a strong move into the black.

[easykill] 10/7/2002 13:22

forfaiter

no, thats not the real reason is it. you hold lgd - youd rather ramp it than be negative.

when the LGD board was active, you didnt post any negative comments. you were contributing positive comments wrt to lgd.

[easykill] 10/7/2002 13:20

Valuation

The Group's early stage of recovery and the expected rapid acceleration of
profitability renders simple PER comparative analysis difficult. However,
EV/Revenues, provides some insight into relative valuation. On this measure
Danka is trading at a significant discount (at least 50%) to other US-based
companies in the industry, giving some guidance as to scope for the share
price appreciation over time, assuming that margins widen as expected.
Assuming a margin in line with the sector can be achieved in three years, then
an appropriate EV/Revenue multiple at that time would be 1.0x, implying at a
discount rate of 15%, a current share price of 200p.

[forfaiter] 10/7/2002 13:19

I would be posting to myself.....

[tizo] 10/7/2002 13:19

Sector Turnover (m) Profit (m) Norm EPS PE ratio Mkt Cap (m) NMS
Support Services 1137.062 149.766 44.9 0.869 96.75 3000

Can some one be kind enough to explain how ADVFN assume a p/e of 0.869?

[easykill] 10/7/2002 13:17

so forfaiter I cant see you being negative on the LGD bulletin board, in the same way as you are on here .. why ? you never seem to challenge all the positive posters on the LGD board.

[psychicdoc] 10/7/2002 13:16

ff you keep saying you are going away but come back, why? what is your position on dnk

[easykill] 10/7/2002 13:13

• Price target of 120p per share (US$7.0 per ADS)
This year's rapid share price rise reflects the removal of the financial
distress discount, but the longer term earnings potential still argues for
more. On EV/Revenues, the Group is at a 50% discount to the sector and
our conservative DCF model gives a value of 122p.

[forfaiter] 10/7/2002 13:12

Hope so....

[tizo] 10/7/2002 13:12

So why is its competitors on higher P/E ratios?

[easykill] 10/7/2002 13:11

forfaiter

could LGD also halve ?

[forfaiter] 10/7/2002 13:07

As I said look at the share price....39p......projected EPS 4.5P gives a PE ratio going forward of 8.6.......its happened son.....

In this market that could easily halve......especially when it is projected EPS...not guaranteed ....and you throw in the finance issues yet to be resolved......

[easykill] 10/7/2002 13:05

crawford

thanks for that. do you have the url for this please.

[easykill] 10/7/2002 13:04

"which ones have adequate fundamentals"

LGD ?

[easykill] 10/7/2002 13:02

forfaiter

and ???.... we talking about GOING FORWARD. you came up with an arbitrary P/E ratio pulled out of thin air. I am asking you to justify how you came about those P/E ratios.

And since you cant, you halt the debate by the same old comment about the share price. If you cant continue a debate, may be you shouldnt get invovled or even initiate it.

[psychicdoc] 10/7/2002 13:02

which stock has not been hammered in this market,question is which ones have adequate fundamentals and hope to recover nicely in a few months when inevitably markets will recover,imo dnkis one and will benefit from an improving economy and sound management which it now has.

[matt1231] 10/7/2002 12:30

UK mms opening prices may provide clues as to whether share price continues to drop or bounces back from 38p close in the US.Could go either way after such falls.

Would like to have clarification about rumours doing the rounds that there are unresolved defects in new software program. Also cited is critical support level at $1.80 = 29p?