Danakali Share Discussion Threads

[zedder] 31/10/2002 14:08

Not convinced there will be anything much in this today and the price might well drift lower over the next couple of months, so have sold my 3k at 42.5p. Have put it into RON @ 0.63p as a long-term investment.

[maxbubble] 31/10/2002 14:07

eps 4.3 for 6 months supports this valuation alone - now who wants to look 18 months ahead

[blockbuy] 31/10/2002 14:05

ff, so you are confirmimg then that q2 is the weakest quarter and now that it is out of the way with by the way improved Q on Q figures (except T/O)...

despite being the worst expected quarter, expenses cut further to 78.8m and debt reduced to 148m

[tizo] 31/10/2002 14:04

FF up to your old tricks again.Why dont u stick to sheep shagging!

[phook inell] 31/10/2002 14:04

ff

but that was more or less obvious, as a weak quarter would have resulted in such figures being weak.

The CC will give some insight going forward.

[forfaiter] 31/10/2002 14:01

....its the margins and ebitda that are more worrying.....the trend has reversed to them going back down......could be early signs that the restructuring is failing...

[forfaiter] 31/10/2002 14:01

....its the margins and ebitda that are more worrying.....the trend has reversed to them going back down......could be early signs that the restructuring is failing...

[phook inell] 31/10/2002 13:58

so ff, you sold out yet ?

[phook inell] 31/10/2002 13:56

ff

Q2 was expected to be weak. EPS came in line with beesons estimates.

[forfaiter] 31/10/2002 13:54

Not surprised they couldn´t refi on those figures.....all down to the CC and whether they can talk up the next quarter....

[forfaiter] 31/10/2002 13:53

EBITDA...down from 20m in Q1 to just over 15m.......

[forfaiter] 31/10/2002 13:47

Poor results...margins down on Q1......the business is barely breaking even....after all the restructuring...

[phook inell] 31/10/2002 13:44

i am wondering whether those beesons figures were correct o rnot..... revenue seems to be more or less inline but the rest seem oddly out... and the eps was inline with what beesons predicted : eps for 6 months of 4.5p. actual came out to 4.3p

[zedder] 31/10/2002 13:44

Looks that way. Just hope the shorters keep away in the US.

[blockbuy] 31/10/2002 13:40

well q on q they are better, and 1st half v 1st half they are better.

They're not upto beesons figures, however the MM's are ticking up...

No buyers, no sellers...

So looks like the city is ok with these.....or neutral shall I say....

[blockbuy] 31/10/2002 13:28

just a reminder

Guys, some highlights from previous results.
(no advice intended, just want to see how the next set of figures compare..did some work, thought i'd share it.)

..........Q2 2001.....Q3 2001.....Q4 2001.....Q1 2002.....Q2 2002
o/profit...?..........7.2m.......-1.9m.........10.2.....................3.5
ebitda......15.6.......19.1.......18.9.........20.4....................???
t/over....264m..........277m.......260m........238m..............222m
g/p/margin...34..........35.........37.........38.......................36
pre tax.....-7.8.........0.3.........??........5.2........................1.4
EPS.........0.5..........0.8.........1.1.......3.2........................1.1

So operating profit improving q on q, ebitba improving q on q, T/O dropping (based on switch to digital and currency)...profit marging increasing q on q along with pre tax profit and EPS

So whats in store for Q2 2002???

[zedder] 31/10/2002 13:27

Don't know what to shout yet. Hoping it will be Eureka!!

[oaklandsway] 31/10/2002 13:22

zedder, don't forget smile :0)

[zedder] 31/10/2002 13:16

Right then. Coffee cup is full, sticky doughnut is in hand, loins are girded and eyes are down looking. Let's see what develops!

[panagos] 31/10/2002 12:13

hey bb go to sleep mate danka is not going anywhare 2nite........lol


laters

[blockbuy] 31/10/2002 12:11

and you Oaks.

[blockbuy] 31/10/2002 11:57

blimey anyone else seen that 400k purchase in AXO....that's huge for them...

[blockbuy] 31/10/2002 11:56

SP, also yesterday stateside the matched trades (cinc) were 99% buys. The price got driven down imo for this purpose. Notice how Danka finished pretty much flat last night....

Is it Fidelity again???