Danakali Share Discussion Threads

[sigora] 02/8/2002 00:57

Tizo thanks had an excellent break down in cornwall, i am long in dnk always have been long and strong.

[tizo] 02/8/2002 00:39

Thanks Smoketrader for the tech. analysis.Your opinion confirms my belief that Danka is well undervalued.All the valuation methods I use also confirm this.What valuation methods do others use on this board to value shares.All opinions welcome.

[smoketrader] 02/8/2002 00:27

Hi everyone.
The technicals as I see them are:

1. Now above 200-day EMA, traditionally a divide between bulls and bears
2. Now above 62% Fib retracement of previous run between January and April, also often seen as a divide between bulls and bears.
3. Above 20-day SMA.
4. Recent W formation. I say it's a rectangle, but either way, confirmed nicely by the steady decline in volume.
5. As mentioned by tizo, cup and handle forming in the short term.
6. Price is getting close to breaking through downtrend line from the high in May.
7. RSI recently dipped below 30 and crossed back up again, also showing divergence with the price action and a breakout from a symmetrical triangle.
8. Breakout from descending triangle in June seems to have been completed by the recent move to $2.

All looks pretty bullish to me, a breakout above $2.75 on good volume would confirm 4,5 & 6. If anyone can think of any other things to add, please add them to the list.

[blockbuy] 01/8/2002 22:58

that'll do for me tonight, to many repeats on this channel

fingers crossed for a tick up tomorrow, however the UK may follow the us close which may hamper things a little. although the accounting stuff hasn't really effected us too badly to date.

we'll see

night all.

[blockbuy] 01/8/2002 22:56

phook, 3:57 aint after hours.

[chestnuts] 01/8/2002 22:45

telbap put ron on then

[phook inell] 01/8/2002 22:42

silly me, thanks for pointing that out bb.

[telbap] 01/8/2002 22:42

Py doc. post 7233.

Always enjoy reading your posts......a little on the rampy side, but good
to hear, and see, positive comment. Danky the only blue in a sea of red (on my monitor at least.)

[blockbuy] 01/8/2002 22:39

phook, 3:57 aint after hours.

[chestnuts] 01/8/2002 22:30

Hi Jag hope you are alright, i wish you would buy some RON check the previos posts ?
ps good look with wlw!!!

[sigora] 01/8/2002 22:26

psychidoc i hope my wife does'nt read your post in the morning if she gets it in to her head the donkeys going to £1 she'll be booking the holidays for next year and it wo'nt be cornwall, if she has her way she'll be wanting something like sp's holiday.

[blockbuy] 01/8/2002 22:26

phook, I think it's given the offer price.

nothing more.

[sigora] 01/8/2002 22:19

sp the last trade was at 2.74 when the ask/bid were 2.78/2.90 how did they manage to get that price? unless it was delayed.

[phook inell] 01/8/2002 22:16

tizo

do you have a url that shows after hours trade.. as shown in your post number : 7224

thanks

[psychicdoc] 01/8/2002 22:16

should break $3 tomorrow,loking at $3.50 before results and $4.50 soon after results atleast and if they can beat expectations should see 5$-6$,imho

[blockbuy] 01/8/2002 22:15

frickin frickin duplicates.

[blockbuy] 01/8/2002 22:12

phook, the 2.62% refers to the days trading.
the prices I get from those links posted last nite.

[serious punter] 01/8/2002 22:11

If U look at the trading pattern across the pond, there was sustained pressure on $2.80+.

IMHO, they will destroy this tomorrow & wtll breach $3. Not wishful thinking on my part, just look at tonight's pattern. Technically we broke and sustained the 30 day MA until the last few minutes on small volumes. What do you think Oaks?

[blockbuy] 01/8/2002 21:59

phook, the 2.62% refers to the days trading.
the prices I get from those links posted last nite.

[sigora] 01/8/2002 21:56

Tizo i've had ronson on my monitor for last few weeks i'ts been very resiliant, surefire 25/30% gain upto results, trading statement a few weeks back was positive i'll be in on any weakness, the above comments are JMO DYOR.

[phook inell] 01/8/2002 21:49

bb

where do you get your after market trades from ?