Danakali Share Discussion Threads

[8trader] 05/2/2008 12:08

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

:-))

[8trader] 05/2/2008 12:05

...!!!...???...@@@

:-))

[8trader] 05/2/2008 12:04

So your online cancer but you're not posting updates here !

ps..get your filter fixed you pump and dumper parasite :-))

[8trader] 05/2/2008 11:59

Chancer has dumped !

No updates within seconds of moves upwards !

[double6] 05/2/2008 09:19

yes - and I think we all know which way the share price will move, smiler!

[chancer6] 05/2/2008 09:15

3.75-4.15p, L2 is 1 v 2...action later once the results are out.

[chancer6] 04/2/2008 21:17

Closed up around 9.20% on the OTC Exchange..may help push the offer price nearer to 5p in the morning before the results come out in the afternoon. Up 7% during regular session then another 2% after hours.

$ 0.3425 0.0225 (+7.03%) Volume: 124.58 k
After Hours: $ 0.35 0.0075 (+2.19%) Volume: 4.1 k 04-Feb-2008

[chancer6] 04/2/2008 18:20

Thanks! Looking back seems should be announced at 13:30hrs.

[yodc] 04/2/2008 18:16

before US opens.

[chancer6] 04/2/2008 17:38

Geng, are the results out at 7 o'clock or before the US markets open at 2 o'clock?

[chancer6] 04/2/2008 16:26

Even better..moving up on small buys:

$ 0.35 0.03 (+9.38%) Volume: 52.04 k

[chancer6] 04/2/2008 16:24

Looking better on OTC:

$ 0.34 0.02 (+6.25%) Volume: 50.04 k

[[e-mail]] 04/2/2008 16:22

some you win, im happy brought TMP

[8trader] 04/2/2008 16:21

geng.

We've all been around many years buddy, i respect your reasons, shame
the thread has been destroyed by a pump and dumper who is desperate to
get out of the stock on a decent rise !

[chancer6] 04/2/2008 16:17

Pouncing around with the bid but any sellers at 4p today won't be able to get back in cheaper before results come out. Been saying it for months about the fall and reasons...massive re-rating imo if a positive statement going forward is mentioned...already Konica and Kodak have given positive vibes for the rest of the yr only last wk.

[geng] 04/2/2008 16:14

8Trader - been doing this for over 25 years.

It's gambling - even blue chip stocks - don't play with more than you can afford to lose.

The price was 20p less than a year ago with exactly the same debt. The main forces for the fall in price are:-

Decreasing revenue (this may change and this is the gamble)
De-listing (caused panic selling by US PI's - no institutional sell off)
The Debt (hasn't changed much in the last few years - and has been much higher)

There is also a snag with D4E - there are still a high number of institutions holding over 30% of the ordinary stock that doesn't include insiders and long holding ex directors. It may not be that easy to push through.

Edit - looks like a bit of shaking going on !

[chancer6] 04/2/2008 16:12

Buyers again on the OTC Exchange:

$ 0.33 0.01 (+3.12%) Volume: 43.8 k

[chancer6] 04/2/2008 16:10

Some blue...JEFF moved up to 4.10p bid.

[8trader] 04/2/2008 16:05

"There may well be a D4E or issue of some sort but I think that is factored into the current price"

lol

Have you researched into what prices once big companies have D4E's at when
they are knackered.

Usually 1p is the answer and this is 4p now !

[chancer6] 04/2/2008 16:05

Cheers for that summary geng.

[8trader] 04/2/2008 16:04

When they disclose how much more money they have lost and how much
debt they still have.

Oh yes fun indeed, stampede for the exit unless there's a miracle !

[geng] 04/2/2008 16:04

vfleetsons - perhaps you should have waited till tomorrow ?

Already bid is back up at 4p

Long term debt isn't due untill 2010. The debt was the same as the current level when the share price was 25p so the debt is a bit of a Red herring in the short term anyway.

There may well be a D4E or issue of some sort but I think that is factored into the current price.

I'm afraid to say it but I do agree with Chancer the fall from around 10p was well overdone and could easily go back there and higher with any sort of increase in revenue or positive earnings.

Besides AD Frazier was put in by Cypress (the prefered share holders). If they wanted to run Danka a D4E would have gone through ages ago. My view is they want it to work so they can sell it or get the conversion at - I think $12 (probably un realistic - that would be £1.53 per share !!) Either way I think they are going to have to take a hair cut on their debt an dthis is where I think the gamble becomes more viable.

Wait and see !

[lukic] 04/2/2008 16:03

back blue again :-) Tomorrow should be a fun day