Danakali Share Discussion Threads

[blockbuy] 25/11/2002 14:02

told...

lol


Will Monday's sellers follow the same fate as Fri/Mon/Tues/Wed/Thurs/Friday's sellers?????

Oh Yes imo.....

Again...hope they bagged a tidy profit.....

Shame it could have been more.

[panagos] 25/11/2002 13:46

BB tell WINS to pull his finger out ;-)

[blockbuy] 25/11/2002 13:45

sorry...4.01 / 4.09

;-)

[blockbuy] 25/11/2002 13:36

well hour to go and it's 4.02 / 4.01

looking to nugde up today then.

Dollar now 1.5643


64.24p....

[panagos] 25/11/2002 13:27

1st blue encouraging

[dsmith626] 25/11/2002 13:24

Phook, cheers. DS

[panagos] 25/11/2002 13:12

Phook, bb what do you expect today...blue or red messages/ super massages above??

[phook inell] 25/11/2002 13:07

ds

thats what usually happens. If Danky (US) can hold on to $4 then market makers here will match the price. UK mm are notorious in quoting lower than US and then gradually tally to US price when US opens. Key factor today is that Danky holds around the $4 price... I believe it will rise as friday's SELL OFF was expected to be more severe, turned out Danky weathered that quite well and finished only a fraction down. Implication is that Danky will hopefully rise today.

[blockbuy] 25/11/2002 09:49

Morning all...good news that Phook...

Well here we go again...UK mm's woefull imo....

[phook inell] 24/11/2002 09:31

danka getting the publicity now :




eXpert Row - ON DEMAND


The NEW Danka: Revitalized Investment Grade Focus
New Management, New Customer Centric Strategies

By Paul R. White, Partner, OnDemand Publishing.com

Danka's new management team was kind enough to host a very informative breakfast for the press at On Demand. Todd Mavis-U.S. Group President and COO and Don Thurman-Chief Growth and Marketing Officer are not only new faces, but purveyors of new ideas and strategies to rejuvenate Danka's business, perception and customer relations. Thurman told attendees of the new corporate emphasis: controlling expenses, providing better customer support and maximizing shareholder value. He discussed Danka's significantly improved financial situation, but did not provide any guidance.

Historically, Danka wanted to be the biggest, but made some mistakes coupled with financial difficulties, and didn't have the best "go-to-market strategy", Thurman told the audience. Lang Lowrey, Danka's new CEO, was brought on board last June, laying a new corporate strategy: "implement guiding principles, refocus on employees, refocus on customers, and remember we work for the shareholders". Lang also laid out a new business, focused on generating cash, a positive balance sheet and significant debt reduction.

Corporations have printers geographically spread all over, with no device management. According to Thurman, Danka will focus on assisting companies manage devices at the desktop, leverage their technical abilities and implement a number of new programs to allow migration form "being a box seller to a value added solutions partner. Danka will become less focused on machines and refocus on the value of customer documents, becoming an investment grade stock, in the process."

Todd Mavis, billing himself as a "turnaround" person, told us that since August, a new reporting structure and 90 personnel have been added; and they will soon announce a new Senior VP of professional Services. The new organization has a new market focus, geared to accountability, profitability, responsiveness, strategic alignments and ROI.

Mavis discussed ten key areas where Danka will focus:

1. Customers to rave about Danka,
2. Increase hardware gross margin,
3. Increase number of PSUs sold,
4. More color and Danka @ the Desktop,
5. More balance between revenue and geographic distribution,
6. Significantly increase strategic account base,
7. Increase the number of service contracts,
8. grow multi-vendor services,
9. Reduce SG&A,
10. Increase connected devices by 50%.

The fresh focus will center around two customer groups. Danka Touch concentrates on the Total Lifetime Value of the customer, acting pro-actively. Reactively, the Customer Care Czar, who heads up the Customer Care organization, sees to it that issues and problems are resolved as favorably and as quickly as possible.

Another prime focus will be corporate consulting. Corporations spend between 6-8% of annual sales on printing, and Mavis believes Danka services can reduce a company's overall printing costs by 40%. Mavis cited a Lehman Brothers survey which reported, "Printing facilities are one of the most under managed assets in any company, and provides easy cost savings for any organization". Mavis sees Danka moving "beyond copies to professional consulting by promoting the benefits of color documents"

Sam Errigo, VP of High Output Solutions Group focused his presentation on Danka's new corporate connectivity and reporting program-Danka @ the Desktop. He indicated this new thrust will assist in solving the DocuMESS problem all vendors helped create, by harnessing corporate output devices. "Since desktop and workgroup printers come in under the CapX radar, true print costs aren't captured." Errigo cited the following costs to illustrate his point. "Per page costs at the desktop are $0.065, in a workgroup environment $0.02-0.04 and production printing $0.01-0.015. By identifying these costs and controlling them, immediate savings can be realized."


Paul R. White

Please send feedback, suggestions or comments to Paul at [e-mail]

[oaklandsway] 23/11/2002 12:49

Hi bb, I was in for over 40K shares here yesterday because 100% sure the market helped to test at $4 so 55p-56p was bargain entry. My profit was almost £2K in total this afternoon but only sold 10K shares to invest somewhere else.

I would have bought more this afternoon if I saw positive sign in US because my target today was about $4.30 to $4.55.

Trading in US today did not give me clear direction so I have to follow the volume closely on Monday.

ff I have to make decision on daily basis because too many good stocks to trade. No need to buy at the very bottom and sell at very top because making 5-10% every day here & there is enough for me.

Good night mates.

[phook inell] 23/11/2002 00:39

whatever happens i am holding onto at least 80p to 85p. Danka is on a bull run so would be silly to sell out on profit taking unless one needs the money (eg for christmas). Danka's share price progress still looks pleasing and trend is still up. Also our resident guru, ff has stated a circa target of $7 (around £1) so my 85p price target is modest. Hoping that it will get there by christmas/end of year market run up. But at least before Q3 results at begining of Feb.

[serious punter] 23/11/2002 00:10

IMHO the Septics with over 80% of DANKY/DNK stock, couldn't give a damn about the UK. They often do the opposite of what the UK does, which is particularly annoying when DNK is on a Bull run.

[the bearer] 22/11/2002 21:59

Every dog has his day!!!!!!!!!

[blockbuy] 22/11/2002 21:42

Oaks, Im not sure if your in or out, but if you can trade the UK on Monday and the disparity still exists, you could still make.......

what....I dunno....20-40% if this attemps 86p again???

A few of us got in at 60p today...it was screaming at us....BARGIN compared to the states.....chances are those that sold today (not to hold positions over the weekend) will be back in Monday....

fingers crossed anyhow....dyor my friend


bb

[blockbuy] 22/11/2002 21:38

eve all....just been reviewing the trades....also top news there Phook, well spotted....

This stayed above $4

Imo, looking at the last 15 mins, it's only the last 3 trades that bought the price down. One of them was during backwardisation.....

The UK mm's were over cautious...(must have been the though of a sell off at $4), however they are now going to have to gap up Monday due to the US finishing a second day above $4.... dollar rate 1.58 (1.5799)

It wouldn't be unfair to use $4.1 as an ave for the last 15 mins of trade as a mid price, so based on that I'm thinking maybe a mid price in the UK of around...

65p (64.87)

In reality probably won't get that.

However.....as the US finished above $4, this could send all the right signals out and buyers will lift the price up monday anyhow (hopefully at a bargin...). If the MM's are expecting this then we may see an overcorrection in the price (cos they may have a bar bill to pay for form the weekend)

It's still over bought in the short term, but I don't quite understand this as sells have been greater than buys....!!!????? but looking back at Jan/Feb this yr, DNK stayed overbought for what looks like over a month..so not too bothered about that...

I def see a push to $4.90 or 86p next week based on the $4 support remaining today and the advetising and Growth comment above....

Who knows from there eh???

All imo of course.. pls dyor .... ;-)

[maxbubble] 22/11/2002 21:28

i posted a while back that mm manipulation has disguised the fact that Fidelity were buyers up to 60p - I now believe that if the price moves north to £1.20 very quickly they will be buyers up to £1. I hope Oakyhead hasn't given his away too cheaply!!!

[redhill] 22/11/2002 21:26

Nothing like blowing your own trumpet!

[serious punter] 22/11/2002 21:16

ff

What's your thoughts on Monday? IMHO we'll head north and hopefully MMs will equate to US market values. $4 to me today, as I posted earlier, is indicative of strength. No sell off, profit taking yes, BUT stayed above $4. I also believe that Fidelity will reveal another significant purchase from today's activities - the price was being managed AGAIN.

[forfaiter] 22/11/2002 21:08

I luv it...oakyhead bullish on the way down.....now bearish on the way up....LOL

[phook inell] 22/11/2002 21:02

ended

4.01
-9c
volume : 958,000

[phook inell] 22/11/2002 20:54

and we are positive again

Last 4.13
Bid 4.06
Ask 4.11

Change +0.03
Volume 955,800

[phook inell] 22/11/2002 20:37

-8c
3.98 - 4.05

last trade $4.02 done at 3:34

lol

[oaklandsway] 22/11/2002 20:29

Looks like shorters just started their action, hopefully I am wrong.