Danakali Share Discussion Threads

[serious punter] 22/10/2003 09:10

Morning All

Have DANKY/DNK on watch list, but out at present. Waiting for results and expecting them to be grim.

[panagos] 22/10/2003 09:03

No kobe tai lover, this it consolidating and will break ina direction soon, then all the old followers, like share price BB etc will pop in

;-)

[kobetailovers] 22/10/2003 09:00

This thread officially closed.

Good day.

[miata] 08/10/2003 10:01

Looking up a little. Expect some renewed interest before the results early next month.

[miata] 02/10/2003 13:36

Danka Business Systems PLC, a leading independent global supplier of office
imaging systems and services, today announced that it has begun the final stage
of Phase I of its Oracle 11i ERP system rollout in the U.S. As at the end of the
Company's first fiscal quarter to 30 June 2003, about 50% of its U.S. business
had been converted to the new system and by the end of the second quarter to 30
September 2003, approximately 73% of its U.S. business had been converted. This
final stage will convert the remainder of the U.S. business to the new system.

"The Company began the final stage of its rollout on 27 September," said Gene
Hatcher, Danka's Chief Information Officer. "This project has been very
expensive, time consuming and challenging; nevertheless, as we announced
earlier, we expect to complete Phase I of our initial rollout across our U.S.
business this fall."

Danka's U.S. President and Chief Operating Officer, Todd Mavis added, "With the
end of our Phase I Oracle implementation in sight, we will now be focused on
realising the operational and customer service benefits of the system,
leveraging our investment, and reducing our costs. The savings will come from
reduced spending related to implementation of the system and reductions in
expenditures related to maintaining multiple, disparate, outdated legacy
IT systems and processes, which have been very resource and labor intensive.
We are now looking at our entire U.S. organisation in the context of our
new operating systems and processes, and expect headcount reductions over
the next two quarters."

The Oracle ERP implementation represents the most significant part of the
Company's reengineering project, called Vision 21, which was launched in Fiscal
Year 2002 as part of the company's objective to deliver a world class customer
experience.

Should add a penny or two to the shareprice.

[saturn5] 28/9/2003 22:48

News today is that Kodak can see the red light as far as photographic film is concerned and are likely to move to digital processing. They could also diversify into photocopying and go for Danka. Now will be the time for Kodak to buy Danka.

[johnymac] 26/9/2003 00:09

Could dnk be in their radar....
Allowing them to compete with xerox corp.

[forfaiter] 25/9/2003 16:01

Coming to the end of Q2 which is usually their weakest....news is usually leaked on this stock

[blockbuy] 19/9/2003 13:23

afternoon all....chart shows 1* support 33.5 in the short term, but the next one of note is the med term support at 26p.....

I see DNK is bouncing off the top line of the falling channel line.......

ff, I agree, they need to start producing the right results soon......

bb

[cshwone] 19/9/2003 07:01

Looking for an entry point circa 28-30p

[forfaiter] 18/9/2003 16:19

Could test last years low of 22p ish

[forfaiter] 17/9/2003 11:29

My guess is that possible sector consolidation is keeping this stock up....another quarter of negative cash flow will decimate the share price...very risky..

[jayno] 17/9/2003 08:48

Had my eye off the DNK ball for quite a time. Could someone bring me up to date what's happening and their best guess how the short and long term price is likely to move. Why is it seemingly in decline and what, if anything, are the key influencing factors that might/should bring it back?

Thanks
Jayno

[serious punter] 16/9/2003 17:20

Hi Cinoib

I believe from the last reported figures they said that there will be a $20m hit, because they did not include it in the previous quarter (Q1). Therefore I'd be a bit wary. Best of luck

Currently $2.62/66 across the pond

[blockbuy] 16/9/2003 17:06

any lower and the qxl lot will be here......

agree, delivery of promises is required.....

;-)

[cinoib] 16/9/2003 08:23

Hi S,P,talk about rats from a sinking ship, even the mm's have given up marked it down this morn when it did'n't drop any after we closed. Closed stateside at $2.70=42p not 40p as they have it. Hope next 1/4 figures are a bit better as I don't like takeing big hits especially when everything else is going so well.

[serious punter] 08/9/2003 14:13

Hi Cinoib

Good open for you this morning. I missed it and decided to wait to see what the Setics are going to do. The Kodak bb has no rumour on it, but Kodak lost 50c last Friday because they want to raise $2billion to play with.

Looking across the pond as I post, I'm surprised there are no pre market trades. Current realtime prices $2.84/2.95

[saturn5] 08/9/2003 11:54

If we get positive news re a buyout or takeover then £1 will be left behind
In any case between now and Xmas the downside is zilch

[dinglydanglydan] 08/9/2003 10:25

so where do you put a target price? will we finally see £1.00??

[stockacademy] 08/9/2003 08:39

For my opening post I am speculating that "takeover, merger, or big contract" is being discussed.

[stockacademy] 08/9/2003 08:26

... up 17.7% this morning ...

[cinoib] 06/9/2003 20:32

Hi S.P.,
Just when I thought you'de all packed your bags and gone home for Christmas, Looks like that will be on Monday this year.

[maxbubble] 06/9/2003 14:04

$7 a share that would be nice....just got another 20k before the bell yesterday.

[serious punter] 05/9/2003 22:42

Cinoib:0)

I reckon you'll recoupe some of your losses on Monday.