Danakali Share Discussion Threads

[oakmark] 12/1/2004 15:37

Danky is doing well, I reckon $6 by end of January.

[zedder] 12/1/2004 15:31

Q3 results came out on 30th Jan in 2003; a Thursday. Looking at the way the dates work out, my money is on 3rd Feb 2004. Normally get an announcement about a week in advance.

Out of interest, volume has been very high in the US during the first hour of trading today (260k+). In the past, this has often been the prelude to a very good day with rises of 10%+. Add in the fact that the current UK price is below the US equivalent and now might be a very good time to buy.

[abbey123] 11/1/2004 14:29

ANY ONE KNOWS WHEN THE COMPANY RESULATS ARE DUE??

[oakmark] 09/1/2004 13:05

My source said that the progress has been very good so far, good luck.
I just want to double my money.

[zedder] 07/1/2004 14:47

Don't complain about it, take advantage. I've just added another 3400 at 56.63p.

[cinoib] 07/1/2004 08:59

Has everyone gone home for next Xmas or what. MM's om the bloody fiddle again, closed at 58 in the states last night not 55.5 any mm's seing this get your pt
rice correted or I'll report you to the F.S.A for price fixing, like Collin Stewart did on Bprg. Play the game fair or don't play at all.

[saturn5] 28/12/2003 21:15

DNK up 50% in last month

[miata] 23/12/2003 09:20

There has been some significant buying, but I await consolidation in the New Year before being convinced there wont be a setback.

[zulu001] 22/12/2003 13:41

In the US volume remained high into last weeks close.

19-Dec-03 1,753,400 4.48

In the UK there was a 100,000 share buy at 63.75p this morning.

[zedder] 19/12/2003 15:19

Going great guns in the US again today:



The best thing is that the volume has really picked up. It's very unusual to see volume of 150k in the first 45 mins. I really think we may see the $4.50 by the end of today that I hoped for in post 11680.

[zulu001] 19/12/2003 09:34

DANKY

Date Volume Close $

19-Nov-03 304,700 2.60
20-Nov-03 328,700 2.68
21-Nov-03 289,100 2.86
24-Nov-03 519,900 3.02
25-Nov-03 606,900 3.06
26-Nov-03 272,000 3.15
28-Nov-03 150,800 3.20
01-Dec-03 296,500 3.21
02-Dec-03 143,500 3.20
03-Dec-03 273,800 3.07
04-Dec-03 166,000 3.09
05-Dec-03 331,400 3.09
08-Dec-03 185,500 3.06
09-Dec-03 664,200 3.13
10-Dec-03 360,700 3.18
11-Dec-03 257,300 3.20
12-Dec-03 1,768,000 3.73
15-Dec-03 900,600 3.95
16-Dec-03 1,069,100 3.58
17-Dec-03 459,100 3.94
18-Dec-03 1,641,300 4.34

Remember volume moves precede price moves.

[willjam] 19/12/2003 08:53

Something is going on in the States
It has gone from $2.6 to $4.4 in a month on large Volumes
This is not reflected in UK yet

[zico01] 18/12/2003 23:35

At 57p to buy is cheap compared to ADR'S which closed at $4.34 + 34c.
Comparing charts the last time DNK closed this high on NASDAQ in JUNE 03 the price was 66p on LSE.


IF the MM don't open too high it's got be a strong buy .

IT will get a re rating to atleast 65p - 67p on FRIDAY.

My target for next week is atleast 70p.

[saturn5] 15/12/2003 23:16

That gap in the DNK chart above is the one which tells us that DNK is now going places. Sone investors only buy shares when a gap appears in the candle chart

[maxbubble] 15/12/2003 21:52

I take it the $40m savings are on top of the savings they will have from not having to spend on Vision21 as it is now completed - also the savings from financing the debt? 2005 accounts should look good especially if we can get growth in sales!!!

[miata] 15/12/2003 20:03

Exactly. Now it has its best shot.

[zedder] 15/12/2003 19:27

We've been over $5 a couple of times in the last 2 years MIATA. The snag is that is has to maintain it for something like 90 days before it would move from the NASDAQ Small Cap to the NASDAQ National Market.

[miata] 15/12/2003 18:52

For anyone new to Danky, $5 is the eligibility level for listing on the main market,
which would allow funds to invest in it and the shareprice to start its real lift-off.

Currently $4.03, so 97 cents to go.

[zedder] 15/12/2003 18:14

It's just kicked $4 door open, having slipped a bit as people took profits during the morning session:



or



Both sites need you to be registered (or have .net passport for the MSN one).


There is still some consistent buying going on. This might even make $4.50 before the end of this week.

[zedder] 15/12/2003 14:12

Trading at around $4 in the US pre-Market:



Could be a great day for DNK longs!

[miata] 15/12/2003 10:44

The 50% increase in cost savings will continue to push the share price.
In the UK up 13% from Friday at 52/55 from 46/49 with 2 buys for every sell.

[saturn5] 15/12/2003 09:05

Great news today. I think we are now on the winner

[daimon] 14/12/2003 15:46

interesting article fingers thanks for that. helped to improve my knowledge.

[miata] 13/12/2003 09:57

Rose 16.6% in the US on Friday to close at $3.73 - we should see a nice rise in the UK next week.