Danakali Share Discussion Threads

[goggin] 10/7/2002 16:02

P -Warning on the way, company tight liped,

[matt1231] 10/7/2002 16:01

blockbuy,
all i can say is that i'm glad to have taken profits at 60p. Today a classic example showing that DNK can fall just as dramatically (-19.2% and 10% cheaper to buy than earlier today)as it can rise.

[blockbuy] 10/7/2002 15:55

Matt, this looks different. the States are trading in a rage thats quite narrow, the uk on the other hand is just dropping.

[357aman] 10/7/2002 15:53

No I am disappointed

[matt1231] 10/7/2002 15:52

UK 35.5p/38p.Currently in freefall & heading for $2 in the US,will it then hold and bounce back?

[coscos] 10/7/2002 15:49

This is crazy.....surely Danka must make an announcement with regard to falls. Drops are too large to be normal.

[forfaiter] 10/7/2002 15:47

Nasdaq is holding the 1381 support......may bounce after the UK closes...then again.....crazy times....

[357aman] 10/7/2002 15:46

I wanted to ret.. forget it..

[matt1231] 10/7/2002 15:45

blockbuy,

yes this is a market in the hands of the bear.Danky now $2.11 (34.47p)at 10.44 E.T.

[blockbuy] 10/7/2002 15:44

seems a lot of stocks took a tumble about 10 - 30 mins ago.

[forfaiter] 10/7/2002 15:41

Hmmm..... straight through the 200d ma.....not even a small bounce.....

[matt1231] 10/7/2002 15:41

357aman,

have no idea but the share price is telling us something.Hence my earlier posts expression caution in jumping in to buy too soon.

oaklandsway,

you are more confident and have more money than me to invest in DNK in downtrend and bearish markets.Can you now see the reasons behind my earlier posts-irrespective of the reasons, a real risk in share price having further to fall?

[solis] 10/7/2002 15:40

Now $2.15 real at 15.40

[blockbuy] 10/7/2002 15:40

34p equiv now.

[357aman] 10/7/2002 15:39

somebody must have some inside infos that pushed the price so low. Are we
going to see 16p again?

[matt1231] 10/7/2002 15:29

Going down in the US-$2.25 (36.76p)..........now $2.20 (35.94p)at 10.31 eastern time.......$2.19 at 10.35 E.T........$2.17 (35.45p) at 10.36......$2.15 at 10.38 ...our mms 37p/39p......36/39

[oaklandsway] 10/7/2002 14:30

the pe ratio for the industry is 22.85 so if Danka can materialise their projected earning at 4.5p then we should expect a fair value of £1+ when the market pricing is not in a collapse.

[tizo] 10/7/2002 14:04

The ratio of prospective sales to the market cap seems interesting!Anything over 5 times is considered relatively cheap in using this valuation method Danky is 10.5 times.

[tizo] 10/7/2002 13:58

FF does that mean your buying?

[easykill] 10/7/2002 13:57

forfaiter

so youve bought ?

[forfaiter] 10/7/2002 13:56

Should get a little bounce today...can't see it going straight through the 200d ma....unless there is bad news out there...

[tizo] 10/7/2002 13:54

Anyone know the Nav for Danka?

[tizo] 10/7/2002 13:50

SMOKETRADER so be it!But shorting is at the moment legal and part of the investment world there is bigger fish than FF doing it look at George Soros and his edge funds.When Danka proves to the markets the turnaround is here then things will change only an increase in earnings and a dramatic slowdown AND STABILISATION in lost revenues will show this.AIMHO

Just out of curiousity FF which broker do you use to short shares?

[forfaiter] 10/7/2002 13:49

Only you pratt...LOL