Danakali Share Discussion Threads

[psychicdoc] 14/8/2002 09:11

thats a buy imo

[crawford] 14/8/2002 09:06

Free cash flow was 25.6 million dollars, up 33% from last years quarter.

They are addressing revenue shortfall, e.g Canada management changed.

They are paying down debt, but will use cash to invest in the business where appropriate.

Lower cost structure expected after Oracle implemented.


What was that trade bb?

[blockbuy] 14/8/2002 08:59

thanks crawford. looks like the uk is taking the march here. MM's ticking up , probably delayed buys imo.

edit...oh as I type ....tick tick tick up.

oh here's a though, if that 220k sell made 1 mm drop, what has caused 3 to rise???

[crawford] 14/8/2002 08:48

CC was good.

They are now concentrating on growing revenues.
Beat Xerox in deal yesterday.

Debt down 15% 1st quarter, down 31% on year.
Looking favourable long term debt structure.

reengaged customers - 2 onsite visits at least to customers.

gross margins 38.6 vs 34.8

focus on revenue growth initiative.

[blockbuy] 14/8/2002 08:31

morning all.....ok what does anyone make of bgmm lifting it's bid price....they are def after all the stock sold imo

[lex1000] 14/8/2002 08:28

good morning everyone.mms continue trend soaking up sells anything from 45p to 47p - share price holding trading sideways 45p to 50p.

[lex1000] 14/8/2002 00:19

coscos,

imho "markets" are encouraging you and other sellers of danka/danky to think that way i.e as per your post 8153.

My point IF mms shared your concerns then bid/offer should be trading low 40's,arguably sub 40p,whereas,in the absence of visible buyers, mms seem happy to soak up sells buying in at 45p to 47p.

Not long to wait. Trading today after 4 p.m (thinking more US than UK) and tomorrow will confirm whether mms are right to confidently continue their buying spree,accumulating shares and holding the bid at 45p.Will mms both sides of the pond be pressing investor/traders buy buttons and raise bid/offer to 52p/53p? imho,dyor.

[lex1000] 13/8/2002 23:07

Falls in the US.At close:-
DOW 8482.46 - 206.43
NAS 1269.32 - 37.52.

[blockbuy] 13/8/2002 21:54

never get tired of talking...or listening come to that matter. There's some catalyst out there making them sell this stock. If we can find and remove the catalyst then maybe it will lift a little.

I believe though these guys just jump in and out for 5% or so. Reason being, spreads are always very small and commmisions can be just $7.
ANyhow this thompson I watch thingy can absolutly no way help during the trading day imo. Looks like the only time it keeps the info current is after the bell.

Anyhow 45% institutional , 24% retail and 31% unknown.

time for bed.

night all

BB

[coscos] 13/8/2002 21:53

Well, its the worst case scenario in the US. Interest rates left unchanged and the fed saying that the economy is still weak.....Well I never!

The performance of dnk today was quite frankly pathetic, with under 200k turnover in US despite Contract news and CC today, which can only mean that the next move is down with a friendly helping hand from the shorters.

Very glad I sold out yesterday and will now wait for a better price to re-invest at, which shouldn't be too far away judging by tonights market reaction to the Fed decision....

[sigora] 13/8/2002 21:44

bb dont you get tired talking to those flippin yanks. but i'm still holding its got to go up from here, everythings in place consolidating, i just cant see the mms soaking up all these sells without a very good reason,if only those flippin yanks could finish above us just the once,please pretty please.oh damn i give up.

[ambabe] 13/8/2002 21:40

Sig, with greatest respect, DNK was about to pop, seems to be deflating though!

Have bbc on my watch list, may buy some tomorrow! currently 143p to buy, it may go down with market in am.

[blockbuy] 13/8/2002 21:38

hey sig, the recent 40% rise is fantastic in this market imo.

[ambabe] 13/8/2002 21:26

Evening All, So what does that give us 45/46p I make it, yes sig, flippin hopeless!!

BB good call on Eidos nearly bought yesterday @89p guess I'm flippin hopeless too!!!

[sigora] 13/8/2002 21:22

I see those damn yanks have spoilt the party again,flipin hopeless.

[blockbuy] 13/8/2002 21:08

ok , the % institution has risen to 44%, however that's the expense of the non-i watch %. I take it then they found out who was trading.

Retail currently at 16%, so only 1% lost (vol at 189.4k 20 mins delay)

Closing vol 195.2


It looks like retail are selling as the price rises and the insts are buying when it's dropped...similar to the UK in that they are accumulating stock.

Will wait now to see who traded the last 6k or so.

[blockbuy] 13/8/2002 20:55

right, realtime the buys have started coming in (institutional trading is still 24% delayed time) from 21:10 we'll see who is buying, inst, retail or ?

[blockbuy] 13/8/2002 20:39

ok 20 mins ago,
volume 175.5K 59.7k buys, 112.9K sells 2.9k ??

institutional 25%, retail 17% unknown 58%

[blockbuy] 13/8/2002 19:33

The US indicate rates cuts later



Hey guys, US hit 50DMA earlier....($2.95)

[blockbuy] 13/8/2002 19:03

hey guys howya doing....cor what a day...200 miles plus...

Anyhow top news....growth.....hope they are looking at a decent margin from the deal. (nothing obscene mind you, repeat business is always good)

shame the US always run at the site of a couple of quid eh?

on 134,000 volume, 33% of it institutional. I'll use this as the benchmark for today.

US sellers started at 15:28 and at the time it was 43.2K buys, 2k sells 100?

currently (20 mins delayed) 51.7K buys, 82.5k sells 2,800 ?

Did someone have a bad personal phone call or something?