Danakali Share Discussion Threads

[matt1231] 30/9/2002 11:33

IF warnings from the two resident authorities on this bb are anything to go by, COULD POSSIBLY SEE DINK THE TOP % LOSER.

Neither are buyers of DNK,horses mouth,bargepole.....do not touch with....the warnings are all there. 32p/35p this a.m. Watching DOW & NAS,waiting to see if 32p support broken and for possibility of capitulation at 28p.Uncertainty now & no guarantees as a short term trade (UK)imho,dyor.

[panagos] 30/9/2002 09:57

JUST SEEN THE TOP % GAINERS DINK is in there, remember the good old days that DNK was up there....?

[forfaiter] 30/9/2002 09:54

A business plan that is based on replacing every thousand machines with a hundred is plain daft for a company that makes its bread and butter from selling and more importantly servicing these machines....

Certainly explains the revenue decline and the failure of Anacomp.....wouldn´t touch this share with a barge pole until they get someone in who knows the photocopier market,...this has turned into a high risk tech share..........IMHO

Even XRX looks a safer bet than this share....LOL

[itstelboy] 30/9/2002 09:45

$2 level tested last week and bounced back quickly to $2-20 - Hopefuuly $2 is a strong resistance level.

[matt1231] 30/9/2002 08:26

Stock sensitive to sells,mms marking down quickly this a.m.

[matt1231] 30/9/2002 01:21

Sentiment turning negative,with talk on yahoo of share price falling back to 50c if next results disappoints....

Re: Customer Enthusiasm is high(1)
by: oaklandsway1 09/29/02 07:34 pm
Msg: 37485 of 37485

The second part of the article shocked me!

Is Lang turning around or taking a bigger risk?
Both can be true but where is the risk?

I don't want to carry on my comment because some of you will call me basher because you are being consistently hurt by the real bashers. I will explain later when your nerves feel calmer.



Posted as a reply to: Msg 37469 by bullrallystocks

[forfaiter] 30/9/2002 00:55

I never advise punters whether to go long or short.....and rarely do I ever reveal my position in a stock.....I let the boneheads draw their own conclusions....LOL ...

But yes I agree 4.75 is the price to watch for a possible double bottom...or a move to new lows.....hmm... 2p would be nice for a long term recovery play....

Missed BGY then ?.......funny old game.....as bad as sept was...it was one of my best months ever....LOL

[oaklandsway] 29/9/2002 00:56

Jag I hope buyers will come back soon the good news come so never touch the NAV. I reminded people the danger of low trading volume in less than 60 minutes after the US market was opened yesterday & also the danger of closing under $2.10. The only way to rebound is a good news to be released next week otherwise sub $2 could be repeated. Hopefully I am wrong.

I will repeat talking the same subject many times a day in few weeks or months if I am a basher like PGbonehead.

The truth is that PGbonehead can't see any reason to rush selling especially LGD although the sector is very dreadful .....LOL.

[oaklandsway] 28/9/2002 17:34

It will still be tested at £1 if the Q2 & Q3 are well... my target is making 500% from trading in US.

Trading in UK is difficult, recent lowest drop could only buy at 34.9p and the best price to sell was 36.50p but can't trade 100,000 shares in one go. So basicly, if we trade for 10K the biggest portion of the gain will be given to broker, MM & for tax.

I am just a trader at a fair value, not only for Danky but many other stocks such as VOD, BA., ARM, BT.A, etc. Soon will buy & keep for long some financial companies because some of them are good but cheap or raw material producers. They will be the first to turnaround before other sectors.

May consider LGD for free. Why? I shorted LGD actually since you told us to play long. I know the sector very well. Might buy LGD using that profit but after the lowest 4.75p gets tested again. Under 2p might be good...LOL

[forfaiter] 28/9/2002 16:05

Oh dear......Nothing like calling the event after its happened eh oakyhead? ......shame you didn´t advise your flock to sell at 80-85p
......LOL

[forfaiter] 28/9/2002 11:10

No ...still on hols....can't see any reason to rush back to this dreadful market.....LOL

[matt1231] 28/9/2002 10:59

ff,back from your hols?

[forfaiter] 28/9/2002 10:54

LOL...ugly bonehead basher....nice turn of phrase..must remember that one.....

[matt1231] 28/9/2002 10:23

psychicdoc,who is to say that you are wrong.The current view of both forfaiter & oaklandsway (as part* c & p from post 8968 illustrate),my view also, is that danky may fall below $2 (32p or less).Always difficult to call an exact bottom & one way is to drip feed money into DNK at what you see as a bargain price,even ignoring stop losses perhaps and keep averaging down.Good luck.

*8968
"Lots of profit to make if you have spare cash because buying under $2 could make a total profit over 500% within 6 months if you actively trading and supported by good Q2 & Q3 results. If the Q2 & Q3 results are not good then you should wait longer. However, a lower NAV will not be acceptable for Q2 & Q3; PLEASE TAKE THIS NOTE!!!. Prepare yourself to withdraw all your investment if you read lower NAV in Q2 & Q3, I am not a basher here but trying to warn or give the limit to a faith.

I told psychicdoc few months ago to wait until Q2 & Q3. Those earnings are the real test. IMHO."

[psychicdoc] 28/9/2002 02:09

if it is good enough for fidelity it is good enough for me,i dont see this going to 1.20$,maybe just nder $2 no more,shall buy more under $2 and accumulate at lower levels

[matt1231] 27/9/2002 23:45

PLEASE READ POST 8968,NOT BASHING BUT:-DANGER OF DANKY GOING UNDER $1.77.BREAKDOWN AS SOON AS TOUCHING UNDER $2.01.Next week make or break?
iiifn, please read my message no. 36316
by: oaklandsway1 09/27/02 06:41 pm
Msg: 37391 of 37391

actually I stated about the head & shoulder formation, consequently to accept the fact of further lower low. My message was posted on 5th september.

In ADVFN I mentioned about the danger of going under $1.77 which could lead to huge breakdown but just now I read stockconsultant saying that the breakdown could go as soon as touching under $2.01!

Once again, I am not a basher! We all have two days to think about what's happening in the volatile market.

[matt1231] 27/9/2002 23:28

POST 8968 A WORTHY READ IMHO.
Target price moving towards NAV of $1.20ish = 19p ? Agree with oaks on this one. share price trending towards between 19p and 28p.Also agree take heed of oaks warnings or give the limit to a faith. In common have been posting to help people realise where the share price may be trending and trading.all imho,dyor,helpful and in no way to be regarded as an ugly bargain hunter or basher in any shape or form.The very reason why I thought it best to sell shares bought in the low 30's to buy back cheaper and surprised that some piling in at 37p plus until Q2 & Q3.Supported by good results,stock there to be actively traded.IMHO. Good luck.

[oaklandsway] 27/9/2002 23:23

iiifn,
I am not a basher AT ALL. Please read all my posts, I tried my best to present a precise (IMHO) indicators on Danky's fair value & which way the price will move; also asses their business based on the economic climates.

What is the fair value in current volatile market? The fair value was $3.40 when Dow was over 10000 mark (I traded nicely around that value). Unfortunately, when Dow is declining toward 7000 mark, Danky's fair value goes down along with it. No need science to explain it because we all know the NAV is just around $1.20-ish. The trade price will tend to move toward NAV until next good news, you should realise it.

I am completely different with PGbonehead. I am not an ugly bargain hunter or a basher. I am pretty realistic about giving idea on a fair value and trade pricing direction. We should trade around this value.

IMHO, based on the weak buying pressure the price of Danky is trying to touch its NAV before another Q3 earning release or debt rescheduling. No straight downturn line so we have lots of chance to trade until reaching the bottom.

Lots of profit to make if you have spare cash because buying under $2 could make a total profit over 500% within 6 months if you actively trading and supported by good Q2 & Q3 results. If the Q2 & Q3 results are not good then you should wait longer. However, a lower NAV will not be acceptable for Q2 & Q3; PLEASE TAKE THIS NOTE!!!. Prepare yourself to withdraw all your investment if you read lower NAV in Q2 & Q3, I am not a basher here but trying to warn or give the limit to a faith.

I told psychicdoc few months ago to wait until Q2 & Q3. Those earnings are the real test. IMHO.


Good luck.

[phook inell] 27/9/2002 22:12

Fidelity's stake building
by: auctiontraderuk 09/27/02 04:59 pm
Msg: 37384 of 37384

3.17%....7,862,400....2 April 2002
4.12%....10,219,600...7 June 2002 - increase of 2,357,200 shares
5.16%....12,797,200...25 July 2002 - increase of 2,577,600 shares
6.07%....15,064,400...10 September 2002 - increase of 2,267,200 shares
7.01%....17,380,883...27 September 2002 - increase of 2,316,483 shares

[matt1231] 27/9/2002 21:08

Danky closed down -13c which is nothing compared to DOW down a little under 300 points.Monday & next week should be very interesting.
NASDAQ 1199.08 -22.53 1.84%
DJIA 7701.45 -295.67 3.69%
S&P 500 827.33 -27.62 3.23%
NASDAQ-100 860.30 -13.44 1.53%
NASDAQ-100 PMI 865.62 -8.12 0.92%
NASDAQ-100 AHI 860.22 -0.08 0.00%

[matt1231] 27/9/2002 20:28

SP,lived in Canada and briefly in the US where we have friends.I'm long term +ve on dnk/danky but like oaks who sold @ £2.19. am looking to buy back cheaper sub 30p,having sold 45p/48p.element of mischievous fun in my posts so don't take them too seriously.I do however, take seriously banking profits, buy low sell high,& buy back cheaper.If that is a septic-guilty as charged. Cheers matt :o)

NASDAQ 1204.22 -17.39 1.42%
DJIA 7728.15 -268.97 3.36%
S&P 500 827.89 -27.06 3.16%
NASDAQ-100 865.31 -8.43 0.96%
NASDAQ-100 PMI 865.62 -8.12 0.92%
NASDAQ-100 AHI 871.13 -2.61 0.29 %

[serious punter] 27/9/2002 20:22

matt

THe most relevant point, is that DANKY/DNK are in good shape compared to its peers. It's a b*gger that it's beholden to the septics. IMHO, DNK is well undervalued,but unfortunately we are influnced by Yankyland. However, I honestly believe we will get a jolt up the jaxy from the the new figures in October. If they are down, then the septics will move the price north!!!!!!!

The US per se are so perocial, that some even believe UK is bigger than Canada. I worked out there for 4 yrs - Christ I Know!!!!!