Danakali Share Discussion Threads

[oaklandsway] 14/8/2002 15:35

blockbuy, I don't believe with what UK MMs are doing. They don't care about current pricing in US.

[blockbuy] 14/8/2002 15:33

hey here's a theory.....these sells are shorts being opened. The MMs are happy to absorb them cos what They'll do is start ticking the price up...when they do, the shorters will have to close. This buying will then in turn push the price up...triggering more short closing and the mm's can sell higher,

all theory mind you.

[blockbuy] 14/8/2002 15:30

tiz, bit pricey for my liking. I should have got in at 1.12 or so. Better luck next time for me. good luck though

[tizo] 14/8/2002 15:25

Blockbuy hurry up and take a look at Ronson jump in quick! results in 2 weeks!Dont say I didnt tell ya!

[tizo] 14/8/2002 15:24

I thinks theyll be biting again! LOL!YOURS WAS A NICE ONE!

[blockbuy] 14/8/2002 15:24

for biting read chomping..lol


....which one.???

lol

[blockbuy] 14/8/2002 15:22

Tiz....lol

[crawford] 14/8/2002 15:16

Danka recovering in states...

[phook inell] 14/8/2002 15:01

a post by the very respectable "sophiegirl33991" (she is an ex-executive of a large US cooporate company)

conference call/financials
by: sophiegirl33991
Long-Term Sentiment: Strong Buy 08/14/02 09:55 am
Msg: 35244 of 35244

I was asked to gave comment after listening to the conference call.I believe Acuctiontraderuk"s post # 35234 is where people should place their confidence in his company, the factual numbers and the direction the company is heading seems to me to assure them leadership of this sector. After spending some time with the June 30, 2002 vs. 2001 consolidated financial statement I see very little that doesn't impress me. these guys are on the right track heading in the right direction in a timeframe that could not be better. We all need a little luck, and because of this recession they are getting more luck than the likely deserve. That is to say, they would have had a extremely hard time competing within their sector if this economic downturn hadn't happened. It is almost a gift to see the leader in your particular sector get hammered because of financial irregularities in their accounting.(the emperor has no clothes) Giving Danka the time to establish their own wardrobe. That time would not of been allotted in a booming economy.

I believe the conference call was handled well I was unable to hear the questions or the responses for the person that recorded it for me stop recording at the end of the prepared text. Again I recommend post # 35234 for I believe it says most of what has to be said. I do however believe that the share price will escalate quicker than most of you believe.

[blockbuy] 14/8/2002 14:38

backwardisation then stateside

[lex1000] 14/8/2002 14:34

Lets see how our UK mms play this. Up until now happy enough to soak up all those sells and keep share price rock solid-trading sideways 45p to 50p.

[solis] 14/8/2002 14:33

Real time showing 2.75. Guess that down IMO

[blockbuy] 14/8/2002 14:28

Well whatever the message says, the 1st trade will be up imo

Last 2.80 Bid 2.81
Change unch Ask 2.82
Volume NA Bid/Ask Size 500.00 X 200.00

Day's High NA Open NA
Day's Low NA Close 2.80
Real-Time Intraday Chart StockScouter Rating NA
Nasdaq National Market

edit

doh!

[solis] 14/8/2002 14:25

AmericanBulls has turned negative, link this to iwatch super buy sign which I find a contrary indicator. I'm out and hope to get back in at a lower price later as long term I am still bullish. They're doing the right things but not appreciated by the market.

DANKY
DANKA BUSINESS SYSTEMS PLC SPONSORE
2.800
+0.040 +1.45%


Daily Commentary
SELL

Our system recommends SELL as of today. Previous BUY recommendation was made on 7/30/2002 (14) days ago, when the index value was 2.550. Since then the index gained 9.80% .

Today the stock closed higher with a higher high and a higher low. The volume is low. The index value is trending up.


Long-term trend is bearish, and the upward move seems to have stopped. An early correction has started which may shortly turn into a bear trap. You may sell this stock now, but be careful!

Today's Candlestick Patterns:
Long-Legged Doji


Today a Long-Legged Doji formed. The prices traded well above and below the session's opening level, but closed virtually even with the open. Be careful, this is a sign of a great amount of volatility and indecision; the current trend may be about to stall!

[oaklandsway] 14/8/2002 14:21

very welcome webley

[webley] 14/8/2002 14:15

Oaklandsway - thanks for the explanation and links.

[oaklandsway] 14/8/2002 11:27

Webley:
Quarterly Report (SEC form 10-Q)for Danka should be registered soon.
I think the new debt repayment scheme will be explained in there or Danka will file form 8-K. However, Danka have not registered 10-Q for the Q1 earnings so could be mentioned there in stead of producing 8-K. IMHO.


This link about 10-Q
and link about 8-K

[forfaiter] 14/8/2002 11:23

I was hoping for a new finance agreement ...not an extension of the present one ......hence the question..

[forfaiter] 14/8/2002 11:23

double posting

[psychicdoc] 14/8/2002 11:14

ff do you imply by that if that is the case that there would be no debt in 04 or comp assumes as such

[webley] 14/8/2002 09:48

Oaklandsway - thanks for sharing the revenue and profit analysis.

Could you please explain what "10-Q" is?

[oaklandsway] 14/8/2002 09:39

The two contracts announced yesterday will generate revenue of $5.933 million per year or increase operating profit of $2.31 million. Not bad and show us a real growth in profit from operation. US operation is concentrating in revenue growth so more good news should come.

Waiting for the 10-Q explaining new term & condition of debt repayment.

[blockbuy] 14/8/2002 09:22

mmm looking at the price at 08:01 47.00 48.00 looks like the trade was mid point.

The mm reacted like a sell at 08:05, however a genuine sell came through at 08:06 (call the sell through, whislt you are on the phone mm drops the price).

Anyhow in a couple of mins we'll find out if a buy made bgmm tick up or if they are just after stock.

Just looking at some charts.

above the 200 day line
above the 38 day line
as mentioned above the bollinger bands are rising
MACD lines have been trending up and are just reaching +ve teritory.

To me there are a lot of parallels to the begining of March


I feel that once we need get back above the 50 day line.

Anyone else see similar?
pls dyor

[forfaiter] 14/8/2002 09:13

Are they taking out the option to extend the present finance agreement ?