Danakali Share Discussion Threads

[blockbuy] 10/10/2002 10:44

lex, we'll find out in about 55 mins how many it took to raise the price. Bet it wasn't much volume.

Still think the mm's want this up and are showing little resistance to do so.

all imo of course.

[lex1000] 10/10/2002 10:37

I should listen to my gut..26p/29p,could have bought @ 24p. good luck guys.Will ff now post yes i bought and still holding for the technical bounce or not!!!

L2 4mms on 26p/29p.Warning shares do go up & down etc,.etc.waiting for US to open,dnk/danky volatile & there to be swing traded etc.
Time MM Bid Offer Bid Sz. Offer Sz.
10:36 NITE 26.00 29.00 25,000 25,000
10:36 26.00 29.00
10:36 BGMM 26.00 29.00 25,000 25,000
10:36 26.00 28.50
10:35 WINS 26.00 29.00 25,000 25,000
10:35 NITE 25.50 28.50 25,000 25,000
10:35 MLSB 26.00 29.00 25,000 25,000
10:35 26.00 28.00
08:09 NITE 25.00 28.00 25,000 25,000
08:09 25.00 28.00
08:09 KBCS 25.00 30.00 10,000 10,000
08:09 25.00 27.50
08:09 BGMM 25.00 28.00 25,000 25,000
08:00 MLSB 25.00 28.00 25,000 25,000
07:58 SSSB 20.00 30.00 15,000 15,000
07:57 NITE 24.50 27.50 25,000 25,000
07:54 BGMM 24.00 27.00 25,000 25,000
07:48 25.00 27.00
07:48 WINS 25.00 28.00 25,000 25,000
07:46 KBCS 22.00 27.00 10,000 10,000
07:46 22.00 27.00

[blockbuy] 10/10/2002 09:51

Cheers SP, I'll have a read.

Interest rate decisions today for UK and ECB (i think) also a whole bunch of figure from US and UK....busy day.

[serious punter] 10/10/2002 09:30

BB Mornin

It might be wishfull thinking on my part, but the Nas futures are up 10 (as I post), we might see a substantial bounce today. DANKY has been hammered recently and yet it is clawing its way back slowly. The results expectations is factored into the price already IMHO.

For infor on the lease back situation worth $31m to Danka follow link



Happy trading:0)

[blockbuy] 10/10/2002 08:48

SP, looks like your 25k mived it up. well done. Looks like the mm's are being receptive and want the price backup too.

[phook inell] 10/10/2002 08:35

arpy

surprisingly its www.danka.com

thanks blockbuy.

[blockbuy] 10/10/2002 08:23

3mm's moved up. Solid base at 25p (*5) 2 now at 30p rest at 28p

[arpy_eye_indexed] 10/10/2002 08:20

Thinking of buying in

Can someone give me a web site for the company please.

[blockbuy] 10/10/2002 08:18

Phook, all off the moneycentral pages for Danky. SEC filings. Look for the posting dated 10/22/02 (yep I know it's ahead of it's time)

Resistance figues...follow the links for how to value a stock...took some digging but eventually you get the analyst page with this info.
Lots of other good info on there, but I;ve seen most of it posted here already by others.

BB

[serious punter] 10/10/2002 08:16

Mornin All

Back on board for 25k :0)

[phook inell] 09/10/2002 22:14

blockbuy

thanks for that. can you provide a link for that text ... post number 9200.

also

"which approximately eighty two percent (88%)"

eighty two = 88 ??


ALSO blockbuy, do you have link for the data in post number 9199 (eg the resistance figures)

[blockbuy] 09/10/2002 21:49

Your share number is probably right for the time, just keep the latest figure to hand though.

As of September 3, 2002, 248,113,094 ordinary shares of 1.25 pence each
were issued and outstanding, of which approximately eighty two percent
(88%) were held in the form of American depositary shares. Each American
depositary share represents four ordinary shares. As of September 3, 2002,
258,857 6.50% senior convertible participating shares of $1.00 each were
issued and outstanding. Each convertible participating shareholder is
entitled to receive notice and attend shareholder meetings as if such
person were an ordinary shareholder and is entitled to vote on all matters
at such meetings on which ordinary shareholders are entitled to vote. The
terms on which convertible participating shareholders vote at shareholder
meetings are described below (see section headed "Voting
Instructions/Ordinary Shareholders and Convertible Participating
Shareholders").

[blockbuy] 09/10/2002 21:47

Phook, plenty of headroom according to someone

Where is the stock's support and resistance?


Danka current price: $1.67
First resistance for Danka: $2.51 (50-day moving average)
Second resistance for Danka: $2.86 (200-day moving average)
Support for Danka: $0.52 (52-week low)

Also, current P/E for Wholesale, Other group current multiple (P/E): 21.70

Also, this could explain the price rise against the odds.

The AGM is days away


{LOGO}

DANKA BUSINESS SYSTEMS PLC
Masters House, 107 Hammersmith Road
London W14 0QH England
(Registered in England No. 1101386)

September 23, 2002

To holders of ordinary shares, convertible participating shares and
American depositary shares of Danka Business Systems PLC and, for
informational purposes only, holders of options to acquire ordinary shares
and holders of options to acquire American depositary shares.

Dear Fellow Shareholder:

You are cordially invited to attend our 2002 annual general meeting. The
meeting will be held on Tuesday, October 22, 2002 at 2 p.m. (London time)
at Le Meridien Grosvenor House Hotel, Park Lane, London W1K 7TN. The notice
of annual general meeting and the proxy statement on the following pages
describe the formal business of the meeting, which includes resolutions
proposing: (1), (2), (3) and (4), re-election of directors; (5)
re-appointment of our auditors; (6) authorizations for our directors to
allot ordinary shares; (7) authorizations to disapply pre-emption rights;
(8) approval of a new non-executive director share compensation plan, the
Danka 2002 Outside Director Stock Compensation Plan; and (9) approval to
pay our non-executive directors in U.S. dollars up to an aggregate maximum
amount of $1,000,000. We will also report on Danka's progress and comment
on matters of current interest.

Your directors believe that the resolutions to be proposed at the meeting
are in the best interests of Danka and its shareholders and unanimously
recommend that shareholders vote in favor of all of the resolutions. You
will notice that these proxy materials are very comprehensive because we
must comply with securities law requirements in both the United Kingdom and
the United States.

It is important that holders of our ordinary shares and our convertible
participating shares be represented at the meeting. We ask that ordinary
shareholders promptly sign, date and return the enclosed white proxy card
to arrive to our registrars, Computershare Services PLC, not later than 2
p.m. (London time) on October 20, 2002 even if you plan to attend the
meeting. Convertible participating shareholders should promptly sign, date
and return the enclosed pink proxy card to arrive to our registered office
at the address set out above, not later than 2 p.m. (London time) on
October 20, 2002 even if you plan to attend the meeting. Returning your
proxy card will not prevent you from voting your shares in person at the
meeting if you are present and choose to do so. Ordinary shares represented
by American depositary shares will be voted by The Bank of New York as
depositary for our American depositary shares pursuant to instructions
received from holders of American depositary shares. If you hold American
depositary shares, we ask that you promptly sign, date and return the
voting instructional form in the enclosed envelope provided by the
depositary, and otherwise follow the special voting instructions provided
by the depositary. The voting instructional form must be returned to the
depositary not later than 5:00 p.m. (Eastern time) on October 15, 2002. If
you hold American depositary shares, you cannot vote them at the meeting,
nor may you grant a proxy to vote your shares other than by completing and
returning the voting instructional form provided in your proxy materials.

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

Table of Contents

[phook inell] 09/10/2002 21:03

anyone please. as of Q1 was the NAV per share equal to around 17p ?

(Net Assets = £41,201,000 / 248,090,000 shares)

can anyone confirm ?

thanks

[blockbuy] 09/10/2002 20:50

Dow dropping like nothing on earth.

A few stocks putting up strong resistance. Danky being one of them

Real-Time Quote
Time of last trade: 3:43:00 PM Eastern.Danka Business Systems PLC
Last 1.74 Bid 1.72
Change +0.13 Ask 1.72
Volume 124,100 Bid/Ask Size 5000.00 X 3200.00

Day's High 1.80 Open 1.60
Day's Low 1.55 Close 1.61
Real-Time Intraday Chart StockScouter Rating 2

Nasdaq National Market

[phook inell] 09/10/2002 19:40

someone mopped up 100,000 today in dnk..... most probably fidelity again.

[phook inell] 09/10/2002 17:40

thanks oaks, good call but mostly luck.

[lex1000] 09/10/2002 17:35

US days low $1.55 days high $1.80

-lex1000 - 09 Oct'02 - 11:18 - 9177 of 9192 edit
forfaiter,would you kindly reply to post 9176 to clear up your mixed signals?

My feelings are as of yesterday p.m.(rose from $1.40 to high of $1.71)that dnk/danky good for a short term bounce with better trading opportunities in the US.R U still of the same opinion or not?

-lex1000 - 09 Oct'02 - 11:38 - 9178 of 9192 edit
forfaiter,hello..hello..hello know that you're there! Know future not assured..... What do ya reckon short term:-

(i)Break through 28p to test 32p resistance and then down again?

(ii)R U in or out?

[oaklandsway] 09/10/2002 17:28

dont pay above $2.10 yet imho. trading range will be between $1.10 and $2.10. nicer gain to trade now.

[psychicdoc] 09/10/2002 17:23

oak where do you think it will go from here how unpredictable when everyone was seeing it going down itseems to have found some buyers on the nas and the sellers have dried up

[oaklandsway] 09/10/2002 17:17

phook, well done. it was very good call.

[lex1000] 09/10/2002 16:53

Nice to see you guys bonding so well today.imho.