Danakali Share Discussion Threads

[soapychris] 22/7/2003 03:39

want a substantial 2nd income.
limited risk and effort(1hours effort a day max)
profit for july so far +£11000
profit for june £27000

once in a lifetime - win or win offer closes
31/07/2003



or email me [e-mail]

[bdawes] 21/7/2003 19:52

Don't panic this is the donkey thru and thru buy down of all the shares I've had this is is the truest just wish I hadn't sold out buy low huge upturn this is my last thread sometimes u you take your own medicine!!

[mjele1] 17/7/2003 18:11

sp where r u ?
Due a bounce ??

[blockbuy] 10/7/2003 08:51

morning all.....still a watching....

guys, take a peak at axo...movement...when it moves it moves in large chunks then settles....unless there's news...contract???...al imo of course..

;-))

bb

[blockbuy] 10/7/2003 08:50

morning all.....still a watching....

guys, take a peak at axo...movement...when it moves it moves in large chunks then settles....unless there's news...contract???

[dsmith626] 09/7/2003 14:38

Cinoib, SP, nice rise today already. Must be your influence share price .. :o)

[serious punter] 09/7/2003 13:50

We're on the move, lets hope the Septics push DANKY over $4 today with decent volumes

[cinoib] 09/7/2003 13:42

Afternoon all or just S.P and Dsmith as it appears there not a lot of us left. Well sorry to spoil the party but I'm still in and have been since Oct 2000, about 10p at that point. Nice rise in the last few minutes, in amticipation of a good open in the U.S. I expect.Makes a change to see us jumping the gun.

[dsmith626] 08/7/2003 10:08

SP. Welcome back. I've been holding these for so long now, just tucked away. I've always been in profit on them, so haven't worried about them. Be nice to see them surge though.

I'm not in the office enough to keep tabs on shares day by day, so I've often missed the highs on these, but the fact I'm still in profit when all my other shares are dogs suggests to me that these are worth holding onto for a while longer.

Good luck.

[serious punter] 08/7/2003 08:36

DSmith

In again. Across the pond momentum appears to be building and DANKY attacked and stayed at $4 having touched $4.24

[serious punter] 03/7/2003 10:04

IMHO, when they've got Oracle sorted, then DANKY/DNK will really start heading north. Don't forget the Septics have a day off tomorrow.

[jacklhope] 03/7/2003 10:02

i do hope so i got in at 59.63 bloody cheap imho

[willjam] 03/7/2003 10:00

This site has got strangely quiet

I feel now, with their long term finance finalised, positive cash flow and increased margins that the worst is behind and that a gradual improvement will start, in line and helped by US economy growth
My target is £1.10 but I dont see it this year

[serious punter] 03/7/2003 09:50

DS

I may of missed my entry point. Closing at $4 across the pond was a trigger for over here, volume up a bit to 140k. I'll wait till the Septics get cracking B4 I get in. Nice to see the rise - 4p spread though, dicouraging.

[dsmith626] 03/7/2003 09:34

SP, thanks for that. Up 3.5p today on low volume - presumably because of close price in the States yesterday. I'll hold, I don't have that many, but enough to hang on in there for a decent rise.

[serious punter] 02/7/2003 16:59

dsmith626

I always keep an eye on DNK/DANKY, currently across the pond its £3.86/90 (up 6c)with vol of 64,900, which is very low. I'm not in DNK yet, but waiting and watching. It would appear to be good news because they've secured long term funding (another hurdle cleared). However, the sales performance hasn't given the 'Street' much to get excited about, hence DANKY drifts up and down a few cents. We're more stable over here, but there's always that huge 3-4p spread.

IMHO, if you're in profit and don't need the cash then hang on in there. They could drop suddenly (as they have in the past), but I doubt it. The reason is that many of the outstanding problems have, or are, being resolved. Equally as we saw not so long ago they shot up out of the blue with enormous volumes going through across the pond. Your call :0)

[dsmith626] 02/7/2003 16:46

SP, reassuring to know you're still around.

So is that good news? This share didn't seem to shift in its 3 monthly cycle as usual. I'm still making good profit, but should I sell and be done with it or hold for better things to come? Don't worry, I'll DMOR and won't blame you for my investment decisions.... :o)

[serious punter] 02/7/2003 14:35

RNS Number:0662N
Danka Business Systems PLC
02 July 2003


Embargoed until 1.30pm UK time 2 July 2003


DANKA BUSINESS SYSTEMS PLC
("DANKA" OR "THE COMPANY")

DANKA ANNOUNCES COMPLETION OF SENIOR NOTES OFFERING

Danka Business Systems PLC today announced the successful completion of the
offering of $175 million in new 11% senior unsecured notes due 2010 and the
closing of a $50 million senior secured revolving credit facility that was a
condition to the completion of the senior notes offering. The Company used the
net proceeds from the new senior notes to repay the remaining $107.1 million of
outstanding indebtedness under its existing bank credit facility; and as
previously announced, the Company intends to use a portion of the proceeds to
redeem $47.6 million of its zero coupon senior subordinated notes due on 1 April
2004 at their face value as soon as reasonably practicable. This press release
does not constitute a notice of redemption of Danka's zero coupon senior
subordinated notes due 2004. The remainder of the net proceeds from the new
senior notes will be used for general corporate purposes.

The new senior notes have a fixed annual interest rate of 11%, and an 11.5%
yield to maturity. The loans under the new credit facility will bear interest at
a range of between 175 and 250 basis points over LIBOR, depending on the amount
of borrowings outstanding. The Company did not draw on the new credit facility
to close the senior notes offering, and is required to maintain $20 million in
minimum availability through its three-year life.

The offering of the senior notes was made solely by means of a private placement
either to qualified institutional buyers pursuant to Rule 144A under the
Securities Act of 1933, as amended, or to certain persons in offshore
transactions pursuant to Regulation S under the Securities Act. The new senior
notes have not been registered under the Securities Act and may not be offered
or sold in the United States absent registration or an applicable exemption from
registration requirements under the Securities Act.

-ends-

Enquiries:

Danka Business Systems PLC
Paul Dumond, Company Secretary 020 7605 0150
Sanjay Sood, Senior VP (USA) 001 727 576 6003

Weber Shandwick Square Mile 020 7067 0700
Katie Hunt

[jacklhope] 02/7/2003 14:30

so where have all the danka £1 holders gone lost our bottle have we

[dsmith626] 02/7/2003 13:50

Has this thread died?

What happened to all the optimism for this share? Or did FF give it the kiss of death when he forecast £1 - £1.20? LOL!

[dsmith626] 23/6/2003 16:27

I sincerely hope not!!!

[ti] 23/6/2003 16:26

is this going back down to 25p ?

[cinoib] 20/6/2003 14:39

See wee are well of the boil again, with a mid price state side of $4.45= to67p we're a mile out.

[latifs100] 18/6/2003 18:10

just me panicking, last time kodak warned, danka fell big time,

[zedder] 18/6/2003 18:04

Latifs,
Maybe Kodak warning is a good thing. Maybe Danka are taking away a lot of their business.