Danakali Share Discussion Threads

[blockbuy] 05/8/2002 14:13

FF, as you say it's only cash....lol


2 and a half.

[matt1231] 05/8/2002 14:12

ff,all big boys, men of the world here, not forgetting the ladies on the board .Look at the share over the next 7 days more important imho.You and i both know that long term this company is a winner.Plenty of good news friday with possibly more to come by Aug 13th.

[blockbuy] 05/8/2002 14:09

Nas futures improving too


2 and a quarter.

[forfaiter] 05/8/2002 14:09

Jeez...I sure hope this share goes up today....I hate seeing grown men cry...LOL

[blockbuy] 05/8/2002 13:57

ok tick up on 3


ready



1

[matt1231] 05/8/2002 13:57

Above $3 at the close and looking much better come friday imo.

[crawford] 05/8/2002 13:51

Futures improving :- DOW -25

[miata] 05/8/2002 13:44

Down, Flat or Up today in US ? (Min $2.30 Max $3.15)

[lex1000] 05/8/2002 13:30

blockbuy,you never know, anything is possible with danka/danky.May leave considering taken profits until 200p upwards!

[blockbuy] 05/8/2002 13:27

sorry lex you are correct. I though it displayed in cents, then i checked.
best check you division though .. I make it £397 (per share)

so 0.1 2499 spread. If we say they converge at the mid point todays opening could be 1246 / 1253

one day eh?

[lex1000] 05/8/2002 13:23

blockbuy, blimey my screen is far better, showing $2449.99 ;equating to £3.97 a share! lol

[blockbuy] 05/8/2002 13:20

guys, look at the offer price state side..

$24.99

[superpete] 05/8/2002 13:20

Another large buy reported late.

[lex1000] 05/8/2002 13:16

bb,yep only 1 mm left on offer of 50p.

[blockbuy] 05/8/2002 13:08

one more buy and i think we'll see an mm tickup.

[forfaiter] 05/8/2002 11:54

Oakyhead.....chill....its the yanks that need to be convinced.....lets see what this PM brings before we all start getting our knickers in a twist......your getting obsessed big fella......its only money...LOL

[blockbuy] 05/8/2002 11:53

buy signal close to $3.

[ambabe] 05/8/2002 11:52

Cheers bb!

[matt1231] 05/8/2002 11:51

oaklandsway, good morning.Excellent post and analysis in your post 7540.Post last fridays surprise upbeat Q1 results Analyst has come out with a STRONG BUY recommendation supporting your views that greater things are to come.Yes $16 a share is realistic and = 250p+ at todays exchange rates.Agree long term danka/danky is a winner.

[lex1000] 05/8/2002 11:45

Level 2 showing WINS on 47.5p/50.5p.

[oaklandsway] 05/8/2002 11:38

With P/E ratio 16 Danky traded at $16


Face the reality:
1. Danky was traded at negative P/E ratio for few years and survive. That P/E ratio was too high (risky).

2. Starting Q4 2002 Danky was traded with P/E of 125 when it hit $2 per share because the EPS was $0.004 on that Q. Danka still moved ahead strongly. Do you think the P/E ratio was too high? No problem P/E ratio must be reduced that is fine!

3. Lets reduce the P/E ratio to 37, because the EPS moved up 500% to $0.02 in Q1 2003 and you assumed will stay at $0.08 for the fiscal year and the share is being traded at $2.95-ish. Hey the P/E ratio reduces when the EPS increases. Is that real?

Yes, face the reality! That's the way it works for growth stock showing real progress on EPS. The declining in P/E ratio and increasing EPS will finally converge to between 10 & 22 for this sector as long as the debt can also be reduced to an acceptable level.

What is the P/E ratio projection for Danky to converge with EPS?
Me personally will say: the P/E ratio will converge to 16 when Danka show a clear EPS of $1 so Danky will worth $16 at a stable point. Is that realistic?

Why not? In black and white (NOT PROJECTED) Danka produced an operating profit of $15 million in Q1. Unfortunately, Danka must pay interest expense of $7.4 million and gave some of the clear profit to participating shares for $ 4.4 million as dividends and accretion. That leaves EPS of $0.02, still not bad when revenue down 15% comparing Q1 last year.

Someday, the EPS will move up to $1 that will be realistic if Danka can sort out the debt & the participating shares to an acceptable level. In black & white a clear operating profit of $15 million per quarter has been produced that could make $60 million assuming without growth. Most of us believe that Danka is growing, so the $1 EPS is not impossible by all means.

At EPS of $1 Danky will be traded at $16. IMO, DYOR, etc. Don't worry about current high P/E ratio because the market will reduce the P/E ratio when the EPS moves up. That happens in real world. Face the reality!

Once again we have seen Danky was traded at negative P/E ratio & survive, then with P/E ratio of 125 last Q4 but still moved onward. I believe Dany will move on further from having P/E ratio of 37 to a smaller (20 or under) but will be traded at higher price: $10 to $20. IMO, DYOR, etc.

Face the reality! Do your own DD, happy trading & investing.

[superpete] 05/8/2002 11:35

Now investors get to see an hour later, 20K buy @ 48.5p (bought 10.33 a.m.)