Danakali Share Discussion Threads

[panagos] 08/11/2002 15:12

Thanks, have just broused on their on-line shop, very user friendly, have also visited hamleys a few times, often quite packed and with christmas period approaching it looks good.......I will try to call them "selfridges for toys" as they possibly target the well-off i would expect the frofit margins to be quite healthy.

Good luck for Monday

[oaklandsway] 08/11/2002 15:07

Panagos, please focus on the profit & dividend.
Last year: gross profit up from £5.7M from £4.7M.
The pre tax profit last year was £3.7m & dividend 7.3p.

For the current year analysts are forecasting a pretax profit of around £5.7M (so gross profit is expected around £8M?) with dividend around 10p.

The liabilities should be paid easily from the net profit because it's less than 2 years of pre tax profit. IMHO.

The toys shops are growing.

[panagos] 08/11/2002 15:03

Actually ADVFN quotes quick assets of 2.5m for hamleys as at yesterday

[panagos] 08/11/2002 14:45

oaks, just checked the fundumental summary of HYL...and last figures reported 9.13m of net current liabilities......where they used to have on average net current assets of circa. 2m in the previous 4 years. Isn't it a bit risky?

[oaklandsway] 08/11/2002 14:28

Hi there,
Some results on Monday are AZL & HYL.
I put my bet on HYL (Hamleys PLC), few trading update were very optimistic for the result & growth. The chart looks pretty good & I wish HYL will break through £1.75 so can complete the W formation & record new high. Expected profit 10-20% (with or without dividend). IMHO & please DYOR.

Price of HYP at £1.63 looks pretty high but the adjusted earnings per share from core activities was 18.1p last year. I expect better result & outlook as the growth of the Hamleys brand businesses and the Bear Factory, both domestically and internationally, are expected higher. Please don't buy if not sure.

[pistonbroke1] 08/11/2002 09:39

After hours trading was very active on the nas

After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16.06 $ 2.63 26000
16.04 $ 2.60 55000
16.03 $ 2.60 50000
16.02 $ 2.66 30400
16.01 $ 2.58 7900
16.00 $ 2.58 4600
16.00 $ 2.58 400

174,300 shares traded above closing price of $2.56 ummmmmmm!

[phook inell] 08/11/2002 00:32

oaks

"Hoping more retracement on Danka " ??

why are you "hoping" for more tracement ? is it because you want to buy more at a lower price ?

[oaklandsway] 07/11/2002 17:11

hi chesnuts, i am fine thanks. wish you are very well. i will wait & see how far the retracement will be.

[phook inell] 07/11/2002 16:17

New Analyst- Craig McCallum initiated coverage in October- Strong BUY Target $7.

posted by user : onebadshreddah on yahoo

[chestnuts] 07/11/2002 14:56

Hi Oaks and how are you, nice work on vlx, i sold dnk at a nice profit the other week and i am to waiting for it to drop before getting back in do you think it will go down to 24p like it did a few weeks ago.

[oaklandsway] 07/11/2002 13:00

phook, are you familiar with the trading pattern, chart, fundamental, market, sentiment, news flow, etc.? those are the main reason.

If you ask me that I want to buy Danka then I will say yes if the price is right.

[oaklandsway] 07/11/2002 11:05

Morning all,
VLX is doing very well today. £1 - £1.20 is still on target. Hoping more retracement on Danka but as mentioned by maxbubble the fed cut is encouraging.

[serious punter] 07/11/2002 00:40

Afternoon Jimmy - you onboard?

All US futures up nicely, boads well for this afternoon IMHO :0)

[maxbubble] 06/11/2002 19:41

fed cuts 1/2% >>>>dnk refinancing stragegy phase 1 has just kicked in

it should also help sales which will keep forfaiter happy..LOL

[oaklandsway] 06/11/2002 18:20

I have many brokers phook but they are not the cheapest.

[phook inell] 06/11/2002 18:10

oaks

i simply enter a trade and the market maker will provide me a quote - and this will give me an idea what the 'real' spread is.

by the way who is your broker ?

[oaklandsway] 06/11/2002 18:01

phooks, have you got any chance to see the price within spread deals using a link through your stockbroker? I do have.

[phook inell] 06/11/2002 17:49

oaks

i do have a very good broker that gets me within spread deals. I was just quoting the screen price.

[oaklandsway] 06/11/2002 17:36

pistonbroke1, the buyers are mad if they really try to push the price to break $3+.

IMHO, danky hit $2.80-ish twice already.

[oaklandsway] 06/11/2002 17:31

phook, on your screen was 75p - 90p but I could sell at 79.50p for 25K or buy at 87p for 5K easily.

please find better stockbroker mate. no problem to pay £5 more every trade but you will profit £100+ more every single trade from having better bid/offer price.

On your screen the bid is 75p, my broker can find a bid at 79.75p. That means 4.75p * 15K = almost £750. By paying £5 more I can get additional profit to buy return ticket to Thailand or LA or Australia plus some bottles of wine. :-)

[phook inell] 06/11/2002 17:26

blockbuy its based on "libor" so its variable.

[oaklandsway] 06/11/2002 17:19

sp, three directors of volex bought 10K shares each. That was very good news.

based on experience of AGT, price went up over 35% when several directors bought at 19p-ish (after the result few weeks ago).

based on experience of Danky, price went up almost 100% after several directors bought at $2-$3 (after Q3 result last January).

So, my target of £1 - £1.20 for Volex could still be OK. Wish the market will help.

[blockbuy] 06/11/2002 17:19

nice large trade there at the end. US holding well at or around the 2.70 mark.

Danky's debt, is it fixed rate or would an interest rate help?