Danakali Share Discussion Threads

[serious punter] 31/1/2002 17:45

Totally agree forfaiter

EGS could do with some DNK style management:-)

Still motoring stateside, I think they were quicker in recognising how good the results really are

DANKY Nasdaq-SCM $ 2.54 0.07 2.83% 613,900

[forfaiter] 31/1/2002 17:30

A good set of results that confirm the stategy for turning this ship around is working.

Revenue was up from 264m in Q2 to 277m in Q3.

ebitda has increased by over 3m to 19m at 6.9% of revenue...sector average is over 10% so further cut backs could squeeze another 30/40m P/A out of the present revenue base.

Both margins and sales productivity have increased and debt has been paid down by another 19m......

Very impressive especially for a company with a market cap of £100m.....

IMHO

[smoketrader] 31/1/2002 17:21

Pheewww!! Today was a nightmare, hope tomorrow is better.

[serious punter] 31/1/2002 17:00

redman2

Yes I'm sticking to it, but its IMO.

If DANKY performs as it is now and continues (5c up at mo with 547k vol and Nas down) then DNK IMO will open at a premium tomorrow which could be further assisted with press coverage. Then its Nas time again :-)


Did you notice the 100k T Buy - That's not blind faith

[oaklandsway] 31/1/2002 16:51

thanks Webley

[nix100] 31/1/2002 16:51

Some dude in the states just posted this.
--------------

$2.76 is the breakout.I think today is a tug of war between buyers and sellers taking profits. My guess is that it moves up next week.

---------------

[jayno] 31/1/2002 16:50

US +2.2% now.
Signing off for the day. Going to theatre tonight.

Thought we might have done a bit better this afternoon, but never mind
See you all tomorrow
Jayno

[nix100] 31/1/2002 16:46

Solid buy just gone through.

[webley] 31/1/2002 16:44

oaklandsway

info given yesterday if you want to check back - from memory

//moneycentral.msn.com/investor/quotes

You have to sign up but it's free

[oaklandsway] 31/1/2002 16:38

hi sp,
I used to use lycos.com to check almost realtime pricing but now gave me 20 mins delayed data. Do you have idea to get any free realtime data? thanks in advance.

[redman2] 31/1/2002 16:37

Serious are you still standing by your prediction for close tomorrow?

[redman2] 31/1/2002 16:33

That was a bit strange, bid just crept up for no apparent reason?

[jayno] 31/1/2002 16:33

now up 2.83% US

must have been waiting to get rid of us lot!

Jayno
:-)
holding

[serious punter] 31/1/2002 16:22

Has strengthened and now moving up stateside

Danka Business Systems PLC DANKY
Jan. 31, 2002 11:04 ET Market Open

Last Sale: $ 2.50 Net Change: 0.03 1.21% Web Site
Latest News
Today's High: $ 2.56 Today's Low: $ 2.35
Best Bid: $ 2.46 Best Ask: $ 2.50
Volume: 450,000 Previous Close: $ 2.47
Market: Nasdaq-SCM American Depositary Receipts

[erdmanski] 31/1/2002 16:17

redman2 -

Don't be too hard on yourself. 99% of all investors sooner or later get caught
out by being greedy at some occasion.

[webley] 31/1/2002 16:08

lex1000

Thanks. I was not looking for specific advise just trying to learn how to interpret Level2 data. Interesting that SSSB is the one at 47 - I thought they were the main mm for DNK.

[jayno] 31/1/2002 16:08

Well they're still up in US 1.21%

[redman2] 31/1/2002 16:07

Erdmanski, I was driven by a combination of greed and stupidity. I would like to say that I have learnt my lesson but I would be lying!

[lex1000] 31/1/2002 16:02

Webley , Offer on 44p,however, 3mms increased offer to 45p.I'm guessing that mm SSSB will come out to play @ 47p IF share DNK continues to rise & does not fall back! No advice intended,to buy,sell or hold.dyor etc.

[nix100] 31/1/2002 16:01

Price holding. I think we're just waiting for America to make it's mind up. Unless there's some last minute buys here we've done everything we can. Results are good and we've stayed steady. What more do they want?

[webley] 31/1/2002 15:52

lex1000 - thanks for that. Am I to assume that the mm on 37/47 just doesn't want to play?

[steeltrader] 31/1/2002 15:47

Amazing anyone seen any press yet havent seen anything on FT.com or citywire,
we need publicity and we need it NOW!!!!!

Email them all complaining about lack of reporting ,,,,,

[lex1000] 31/1/2002 15:47

What a volatile day. 3 mms increased bid/offer. As at 15.28 p.m.
1 mm 42/44
1 mm 42/44.5
1 mm 41.5/45
1 mm 41/45
1 mm 37/47

[nmurrells] 31/1/2002 15:43

taking off over the pond.........2.56 and rising

[serious punter] 31/1/2002 15:42

Steeltrader

The spread on the comined brokers is even greater $2.35 - £2.60. Looks interestingly positive. The yanks have got to go through their own heart stopping period IMHO, then like us in the UK things will settle down and move forward.

At the end of the day the results are very positive and show management driving things forward - this they promised to do and we are seeing action.