Danakali Share Discussion Threads

[forfaiter] 12/7/2002 00:07

Oakyhead....who cares......the point is it has dropped from 86p to 33P which was clearly indicated on the charts......the question is will it bounce or carry on down.....time will tell....

The problem with DNK is until it comes out with consistent earnings that it can be valued on... its a traders dream, as the companies valuation is subjective.....and can be argued to be between, 20p-£1.20....

[dazz17] 12/7/2002 00:03

us future's falling .... :) but still positive only just

[matt1231] 12/7/2002 00:03

Most accept that we have been in a bear market since 1999.Review of holdings and investment decisions need to looked at and considered daily.In volatile markets sometimes each hour or minutes as things can move very quickly in either direction.Shares will trade both up and down and even long term investments may need to be sold to lock in profits,under stop loss systems etc. If investors are realistic you can go long on a stock then turn seller and effectively go short without actually shorting to buy back at or near what you think is bottom, ready for the next rise. DNK/DANKY is one such share as we all know that can both rise and fall dramatically.All a question how you chose to invest/trade.One secret is not to get too emotionally involved or attached to any one stock-I lost money big time by doing exactly that. Good luck and keep smiling.imho,dyor.

[357aman] 12/7/2002 00:01

My car is safe. Fresh money ready to be invested. Thanks for your concerns!
Average 43p!!

[oaklandsway] 12/7/2002 00:00

The question is: why punters look to pick the stock up at this level? Is that because they see the graphic up-down-up-down or any fundamental reason behind it? So why should go back to the base of the triangle at $3-$3.20? Is that caused my a magical TA or because they are motivated by the fact that lots of insiders & institutions paid up to $3?

Oh dear.. bargain hunters will decide.

[ambabe] 11/7/2002 22:14

Really pleased to see that close $2.38 = 38/39p marvellous !!

Good Call ff and the rest of you who bought today, may try and buy 1st thing!!!

Seems.... damned if you do....damned if you don't !

[easykill] 11/7/2002 20:59

what a relief to see danky rise so handsomely on good volume. the shorters have slaughtered, consumed and had their fill - theyve moved on to their next kill.

[oaklandsway] 11/7/2002 19:28

sp, sigora & ek thanks all

[easykill] 11/7/2002 18:47

yes, agree with others sentiments. Your one of the few who posts substative info with sound arguments and fundamental analysis. Keep posting and carry on with your execellent efforts to enlighten the rest of us.

[sigora] 11/7/2002 18:45

oaks carry on the good work i am your no1 fan, i havn't been posting to much recently because the share prices are hurting me so i guess i have just lost a bit of enthiuasm, but i read this board everyday, in fact 3,4 times a day, so keep up the good work without your enlightement we might see a few bodies dropping from skyscapers.

[matt1231] 11/7/2002 18:15

oaklandsway,

Went out lunchtime & just got back in so my apologies for not being able to reply earlier.See dnk as i thought has recouped some of earlier losses to close on offer of 35p. No I did not buy. My gut & instinct told me dnk ready to trend trade up so I really should have dipped my toes in the water and bought some at 32.5p/33p.My fair price 50p/$3 so on that basis shares are cheap;also it is quite true to say that you can miss out waiting for bottom,so drip feeding money in,is perhaps the best policy, if you want to buy and 'be in' a share.In truth, now not sure that we'll see 20's as dnk/danky has the capacity to easily rally back up to 50p to 60p bucking the markets and general trends.Was looking as if sell off overdone and oversold.We all wait on Q1 and then onto Q2 and see what these crazy market do. In the meantime nothing can be ruled in or out in a bear market.Ours is not to reason why,life and the markets are just not like that as much as one would wish to have ever increasing share prices making us all millionairres- it cannot and does not work that way.Take the rough with the smooth investing/punting money you can afford to tie up for a long time and at worst lose.Personally I like the safetynet of stop (trailing) loss system which removes the emotion out of the decision making process.If you are in the markets then essential to be screenwatching daily,keeping everything under review,maintaining a flexible approach with the right to change your mind at any given time.

I like dnk.In so many ways dnk is a remarkable stock. The way it trades can be quite unreal much the same as the general markets without rationale or logic.Because of this it can sometimes be useful to have comment on the way it 'might' trade,making educated guesses, a judgement call sometimes getting it right at other times could equally be wrong. Yes imho it will i'm sure make £1.00 to £1.20 long term.In that sense it matters not what happens in the interim, however,most of us like to buy low,prefer sitting on increasing rather than diminishing paper profits as opposed to paper losses.imho,dyor.

btw excellent call on Celsis (CEL).

Best Regards

Matt

[ambabe] 11/7/2002 17:35

Yes - Oaks Keep up the good work!!

PS - Don't do Car Boot Sales!! Only buy quality - hence DNK

Looking good stateside now $2.14 hope it continues upwards 300,400 vol hopefully we will stay over $2.00 may purchase more tomorrow if so!

[chestnuts] 11/7/2002 16:56

Oaks i have every respect for you the way you have posted ok some will say saving your own bacon but if you have edged your bet why should you have to post so much its to help us not as enriched with knowledge of dnk and accounts as your self so keep up the good work.

[oaklandsway] 11/7/2002 15:25

matt, have you bought or wait until 20p.

[easykill] 11/7/2002 15:02

Eastman Kodak Doing Well
by: oaklandsway1
Long-Term Sentiment: Buy



EK, doing well. No detail report I can find how many HD 9110 had been sold around the world last quarter. But at least they told us that imaging & printing product had been sold well.

Last time the report from staples also similar: imaging products have been selling pretty well.

Can we draw a conclusion that Danka's revenue from retail will increase or at least not drop too much?

[smoketrader] 11/7/2002 14:55

Fair enough, Oaks. No disrespect intended, quite the opposite in fact.

[jimmy28] 11/7/2002 14:27

priceless quote from yahoo coutesy of: freshyidman

07/11/02 09:08 am
Msg: 32774 of 32777

If you bought $1,000.00 worth of Nortel stock one year ago, it would now be worth $49.00. And, if you bought $ 1,000.00 worth of Worldcom at $16 dollars a share 1 year ago, it would now be worth $5.63. Forget ENRON as it does not compute. That's a total of $54.63.

However, if you bought $1,000.00 worth of Budweiser or Miller Lite (the beer, not the stock) @ $11.99 per case one year ago (83.4 cases) and drank all the beer, and traded in the cans for the 10 cents per each aluminum can deposit, you would have $200.

Therefore, I suggest that it is financially prudent in these troubled times to drink heavily and recycle.

[easykill] 11/7/2002 14:20

jimmy

danky hardly follows the market trend. last week when nasdaq and did a blinder - danka plumetted. Danky has a mind of its own.

[jimmy28] 11/7/2002 14:19

Not looking good on the dayteders thread - consensus Dow down to 8500 before any bounce

[ambabe] 11/7/2002 14:04

Oaks, I only have respect for what you have to say - however market sentiment looks tragic and would hate to lose money on a gamble. I have no doubt that the fundamentals are very sound! It's not DNK that worries me but pure sentiment. However once this improves who knows where this share will go in probably a matter of days??? I personally am being over cautious - have more chance of holding on to my money this way, and I feel ff could be right - could go either way 20p or 40p hopefully it will be the latter. But I would rather miss the boat than lose a bundle!!

PS. Good Luck to all!

[latifs100] 11/7/2002 14:00

should be a good day kodak has upped its earnings. - but who can trust the yanks.

[oaklandsway] 11/7/2002 13:56

ST, hedging is hedging. When DNK hit 78p I hedged gradually until the top. My broker did that for me. This is to protect your saving, cost some money like buying insurance policy.

Shorting is different story, you have no stock in your hand but borrow from brokers.

I have shares in my hand but want to protect it until I decide to sell. So I did not short but hedged.

Amateur bargain hunter has different way to make money because they need to wait and bash and wait and bash after selling...

EK, why ask funny fans for long term? he will look at chart and doing magic pumping to find followers. I saw some followers in Yahoo already. If Danky moved up for three months then drop to the same price at $1.70-ish two months later then chartist like funny fans can't tell you the price more than three months ahead unless he is pumping to find followers.

Chesnuts, my position do not change until I find bad news. We are all screwed if finally bad news come but I believe that Danka has not finished their business yet, in fact the recovery is in early stage. The re-engineering is valueable and Danka is demanded by copier manufacturers and retailers. Digital copiers need third party for setting up networking and checking for reliability.

Of course we have to follow every progress quarterly. Revised refinancing could also push the price up.