Danakali Share Discussion Threads

[ambabe] 25/7/2002 13:51

lex, A case of beginners luck, I think!! I wish it was because I have the brainpower of Oaks, but unfortunately not!!

50p would be nice, gosh I remember when we were looking at 80p, seems light years away now!!

Good luck lex

357 $ 2.50 must be a definate for today, if not more!!!

[zedder] 25/7/2002 13:43

Latest DANKY short interest to 15th July. Surprising after all the supposition as to what forced the price down recently. I'd been expecting the short interest to have altered significantly one way or the other.

Settlement Date/Short Interest/Avg Daily Share Volume/Days to Cover
Jul. 15, 2002 1,095,963 347,425 3.15
Jun. 14, 2002 1,105,779 523,877 2.11
May. 15, 2002 1,135,639 475,705 2.39
Apr. 15, 2002 1,179,000 793,507 1.49
Mar. 15, 2002 1,208,702 427,279 2.83
Feb. 15, 2002 1,184,489 1,198,017 1.00
Jan. 15, 2002 1,259,489 588,387 2.14
Dec. 14, 2001 1,219,144 173,562 7.02
Nov. 15, 2001 1,740,077 192,130 9.06
Oct. 15, 2001 1,798,581 184,509 9.75
Sep. 14, 2001 1,372,834 130,653 10.51
Aug. 15, 2001 1,235,550 141,665 8.72

Regards
Zedder

[ambabe] 25/7/2002 13:31

Moving on up again I see, hope the US doesn't spoil the fun!!

[chestnuts] 25/7/2002 11:51

good morning all
Oaks you must know more about dnk than the people who work their unless you do work their?

[oaklandsway] 25/7/2002 10:55

BB,
the buys for the employee scheme this month would go today or tomorrow. lets hope IKN can get through $9-$10 before Danka's earnings. Hoping Danka to get $3+ again but don't ask me the time frame pls.

Happy day for PRO holders who bought at around 5p, don't forget to take a bit profit.

[ambabe] 25/7/2002 10:16

Yeh, that was weird, how they announced results early, but can't complain!!

Good Luck with the the rest of your stocks, hope it's a good day over the water too!!

[ambabe] 25/7/2002 09:43

Hi gorgeous, sold ctm this am, very healthy profit thankyou very much, was in at 44p!!!

Hi bb, ta, didn't purchase qxl scarey board heh?? back to the old faithful for run up to results!!! Hmmmmm anyway we'll see, hope you're doing well!!

[sigora] 25/7/2002 09:31

morning gorgeous still in ctm?

[ambabe] 25/7/2002 09:27

Hi Guys, just bought back in ,unfortunately bb, didn't get your price, bought 20,000 obviously been delayed, will show later (hopefully) as a sell!!

[blockbuy] 25/7/2002 09:13

up in the states a little, come UK lead the way, make the US rise again.

Oak, what date do the buys go in for the employee scheme pls this month.

Ta

BB

[357aman] 25/7/2002 09:07

Wake up in 5 days. And you my friend can enter the cave with your lada!!!

[blackbear] 25/7/2002 01:06

u guys still , plugging away at danky ?

good luck as always. wake me up if it gets to 50p cheers.

blackbear.

[andyprice5569] 25/7/2002 00:58

Chestnuts:

Respectfully, I need to correct a few things regarding Ronson:

'new lighters and are flooding the market'. Ronson have won major monopoly contract with Tesco, WH Smith, Esso forecourts, etc. They are taking market share off the likes of Swedish Match (which had a turnover in the sector of £242m last year).


'moving into europe which is 5x uk and USA which is the same size as europe and then their is the eastern block which is about 5x uk and china where they make the lighters 15x uk '

They have opened an office in Poland last year which traded in profit within the same Half as it was opened. They opened another in Germany in April (x1.5 UK market). They are NOT in the USA and cannot be (Ronson corporation USA handles that and is not linked to Ronson UK). They are modernising distribution thoughout the rest of Europe and ROW. Thier lighters are made in China and there is no selling )to my knowledge) planned there. Buying their lighters in China/Vietnam is benifitial because they pay for them in $. With the current exchange rate, the Gross Profit Margin of 39% that you quote will rise to an estimated 42/3% solely because of the exchange rate this year.

Roll-ups are scheduled to be release 'properly' next year (Q1).

Chestnuts, your hand has been slapped ;-)

I do, however agree (being the current Ronson thread owner) that Ronson is a great growth stock. Interim results will be remarkable in the current market conditions and should boost the share price to around 2p if people take the turnaround for what it is.

I am expecting 4p three weeks after the Full Year results next April.

I am also expecting 45p in 5 years based on 150m turnover.

I have no idea how to work out EPS, so someone is going to have to let me know how to do that and I'll give you the Ronson BB's guestimate.

We are a happy bunch on the board, very democratic and we have consensus views that are agreed with my the majority of board members.

Oh, today is a good day to get in also as we are in the third of my predicted 'dips' before the run up to the interims.

You may think 'I would say that' but this post is posted hand on heart.

Good luck

Regards

Andy

PS. To members of this board (and the owner oaklandsway, I appologies for posting this on your board).

Regards

Andy

[forfaiter] 25/7/2002 00:48

Thanks... looks interesting if they can grow the revenue to the suggested levels.

[chestnuts] 25/7/2002 00:44

ff these are expected earnings for this h1
Sales = £7,840
Cost of sales = £4,547
Gross Profit = £3,293
Administration = £1,686
Distribution = £ 392

PROFIT = between £1,215k and £1,695k
I leave you to do some home work your self take a look

[phook inell] 25/7/2002 00:39

excellent results from IKN

Third Quarter Earnings Up 12%

Net income for the third quarter of Fiscal 2002 was $43.1 million, or $.28 per diluted share

These results exceeded the Company's expectations for the quarter and represent a 12% increase over $.25 per diluted share in the prior year

[forfaiter] 25/7/2002 00:30

Chestynuts....any EPS estimates..?

[newstarter] 25/7/2002 00:29

Hi Oaks, good to see you, hope you are well

NS

[newstarter] 25/7/2002 00:28

A hand of friendship - me thinks a good one to take ( besides you being right you clever B about the price !!! lol )

[oaklandsway] 25/7/2002 00:27

PARTY TIMES
GOOD RESULT FROM IKON

[chestnuts] 25/7/2002 00:24

FF in year 2000 they had a turn over of 7m, 2001 turnover 8.5m estimates for this year 20m / 44m with a 39% profit
Ronson management have turned the company around they brought in new lighters and are flooding the market six months ago you could not find a ronson lighter any where but now they are everywhere and are growing all the time in 5 years time they could reach 240m turnover they are moving into europe which is 5x uk and USA which is the same size as europe and then their is the eastern block which is about 5x uk and china where they make the lighters 15x uk .They are also fetching out roll ups which will add another 10m turnover
You get the picture , results out end of Aug
Check the thread out
ff please you are not as aggressive as you have been people listen when you say things calmly and not agressively