Danakali Share Discussion Threads

[shareman2] 22/5/2003 17:07

they like the cc then

[forfaiter] 22/5/2003 16:28

Refi will reduce the interest payments and increase the EPS....

Mkt cap is 120m with 55m in the bank......not a demanding valuation...


We saw some encouraging signs in our business in the fourth quarter,"
commented Lang Lowrey. "We continued to generate strong gross margins,
particularly in the U.S., where our hardware gross margins exceeded 40% for
the first time in the last five years. It is evident that our operational
and strategic initiatives that centre around bringing value to our
customers have taken root and are providing tangible benefits to the
Company and its customers," said Lowrey. "We also continued to generate
strong, positive cash flow and closed the quarter with #54.7 million in
total cash which is up from #44.8 million in our third quarter."

[bdawes] 22/5/2003 16:27

Anyone there?

[bdawes] 22/5/2003 16:09

Anyone on the us?

[bdawes] 22/5/2003 16:07

What is that x sell?

[robbie12] 22/5/2003 15:46

Eps 2.2p - see you 30p.

[shareman2] 22/5/2003 15:37

ff what is your revised target price please

[shareman2] 22/5/2003 15:26

SP, that's why the US will march on

Trading could be heavier but we await the CC before committment

[bdawes] 22/5/2003 15:26

what is that chart above is that us real time prices (edt)?

[forfaiter] 22/5/2003 15:20

Good results going forward.....new strategy is finally making some headway....refi is the final piece of the jigsaw..

[shareman2] 22/5/2003 15:18

vol 174k
3.39/3.41 + 3.1%

[serious punter] 22/5/2003 15:11

Anyone going to listen to the CC at 4pm That will probably give it direction, but we'll have to make that call part way through the CC., ie 29mins into it

[shareman2] 22/5/2003 15:07

US action firm, high of 3.44, low of 3.3

3.33/3.37 with 3.37 last touch up 1.8%

vol 140k

It'll be the same as always
let the uk close
then march on up

[bdawes] 22/5/2003 15:03

Will we have any joy?

[serious punter] 22/5/2003 15:00

Currently L2 realtime $3.33/35

[bdawes] 22/5/2003 14:58

Any US action?

[bdawes] 22/5/2003 14:58

Is anyone out there?

[zedder] 22/5/2003 14:45

You still need to look behind the headlines. Over the last year, debt has reduced by 70m (now approx 140m) while the cash at hand increased by 10m to 51m. Margin is up, but on reduced turnover (tough econmic environment). Reduced debt should help profits in coming quarters but the share price may not reflect this until the evidence is seen. A stronger dollar and better economic outlook could help enormously though.

Having said that, I sold some of my trading shares at 54p just before the US open as I felt the price would not hold once the US market got going. May sit on the cash waiting for further weakness. I still believe this is a fair investment anywhere between 50p and 60p though. Below 50p is good value.

[ti] 22/5/2003 14:30

jayno

have to disagree with you. No major surprises to the positive side so i would expect the ADRs to fall. 9c loss is a disppointment to say the least.

[jayno] 22/5/2003 14:26

Looks positive to me. Expect/hope US side will agree. In for a few.

Jayno

[chicken] 22/5/2003 14:25

ti any idea what was forecast?

[ti] 22/5/2003 14:18

according to GAAP accounting they made a loss of 9c (13c full year). And its the US numbers that matter when it comes to share price movement.

[ti] 22/5/2003 14:15

and according to GAAP accounting they made a loss of 9c. And as stated its the US numbers that matter when it comes to share price movement.

[chicken] 22/5/2003 14:11

yes and i dont think they are open until 2.30 pm

[miata] 22/5/2003 14:09

Close last night was $3.31.
Currently Island is showing Danky at $3.50
Up 6%.