Danakali Share Discussion Threads

[chancer6] 05/2/2008 13:40

Chart clearly shows 10p is an easy reach now this week imo...no buys on PLUS...just MMs moving up - even better.

[cyberpost] 05/2/2008 13:40

not a profit until its banked.

[chancer6] 05/2/2008 13:39

2.5K profit so far..will hold out for alot more!

[double6] 05/2/2008 13:38

He just ignores anyone with any serious questions which may affect his spin!

Good old smiler....

[chancer6] 05/2/2008 13:38

Market likes them and falls from 10p were well overdone on ADR's de-listing.

[chancer6] 05/2/2008 13:38

Not a bust scenario.....and I've revised my target to 10p from 7-8p.

[cyberpost] 05/2/2008 13:37

chancer

that's rhetoric.

Numbers dont lie. Go back for each quarter for the past 6 years. They stated similar positive spin. The market has got used to it.

Look at the numbers.


You might get a spike today... but i feel it will only be temporary.

[chancer6] 05/2/2008 13:37

WINS on 6p now,

[chancer6] 05/2/2008 13:36

JEFF also now moved up to 5.25p offer!

[chancer6] 05/2/2008 13:36

L2 looking good, EVO also moved up to 5.15p offer just now.

[double6] 05/2/2008 13:35

Smiler - are you listening ....

Any thoughts on the Increased Net Loss - Increased Net Liabilities and Decreased Margins ??

All positive signs, no doubt ??

[chancer6] 05/2/2008 13:35

Positive outloook cyberpost...I think that's all that matter at this price.

[chancer6] 05/2/2008 13:34

IMO significant re-rating on the price to happen:

"Third quarter results again reflect some of the structural changes occurring in
the marketplace. For example, we continue to see conversions from analog to
digital that, at least initially, serve to reign in service revenue. However, we
posted solid gains in hardware sales, and are beginning to realize the full
benefits of our financial restructuring and related cost-reduction measures,
said A.D. Frazier, Danka's Chairman and Chief Executive Officer.

[cyberpost] 05/2/2008 13:34

shareholder funds has worsened. from negative $391m to negative $433m.

[double6] 05/2/2008 13:34

Any thoughts on the Increased Net Loss - Increased Net Liabilities and Decreased Margins ??

All positive signs, no doubt ??

[chancer6] 05/2/2008 13:33

4.25-4.50p, L2 is 1 v 1.

[double6] 05/2/2008 13:33

Increased Net loss - Increased Net Liabilities - Decreased Margins....

Hmm.....

[chancer6] 05/2/2008 13:33

WOW, WINS jumped to 5.75p offer.

[chancer6] 05/2/2008 13:32

Positive outlook:

"We have also achieved significant organizational enhancements as a result of
realigning our business into one unified organization in late 2007. Our focus on
training and customer satisfaction strategies continues unabated. Vendors, in
particular, have been strong supporters of this effort. Additionally, our
recently announced strategic relationship with Konica Minolta is progressing
favorably," concluded Frazier.

[chancer6] 05/2/2008 13:31

Good reaction up so far.

[chancer6] 05/2/2008 13:31

3rd Quarter Results




RNS Number:3332N
Danka Business Systems PLC
05 February 2008



5th February 2008
DANKA BUSINESS SYSTEMS PLC

("Danka", the "Company" or the "Group")

Announcement of results for the three month and nine month periods ended 31st
December, 2007

Danka Business Systems PLC, a leading independent provider of office imaging
systems and services, today announced its results for the three months and nine
months periods ended 31st December, 2007. Following the disposal of the Group's
non U.S. trading operations over the last two financial years, the Group's
results are now presented in U.S. dollars, as described in note 2.

The Group today reported operating earnings from continuing operations of $0.4
million in the fiscal year 2008 third quarter ended December 31, 2007, compared
with a loss of $0.3 million in the comparable fiscal year 2007 quarter. For the
nine months ended December 31, 2007, the Group reported operating earnings from
continuing operations of $3.1 million, compared with a loss of $4.2 million in
the prior year period.

For the third quarter:

* Total revenue was $108.2 million, 2.4% higher than the prior year
quarter and up 2.7% sequentially. Retail equipment, supplies and related
sales was $51.3 million for the quarter, up 13.3% from the prior year, and
up 8.0% sequentially. Service revenue was $54.1 million, down 5.9% from the
prior year, and down 1.0% sequentially.

* Consolidated gross margin for the quarter was 32.8%, down 110 basis
points from the prior year, and down 210 basis points from the prior
quarter.

* Operating expenses (distribution costs plus administrative expenses)
from continuing operations were $33.3 million, down 7.8% from the prior year
and down 10.6% sequentially. Charges in respect of restructuring were $1.8
million.

* For the quarter, the Company generated operating earnings from
continuing operations of $0.4 million.

* Net interest expense was $10.7 million, a tax benefit was recorded of
$7.9 million and earnings from discontinued operations were $0.7 million.
This resulted in a net loss of $3.0 million for the quarter as compared to
net loss of $17.5 million in the prior year quarter, and a $12.0 million
loss in the preceding quarter.

"Third quarter results again reflect some of the structural changes occurring in
the marketplace. For example, we continue to see conversions from analog to
digital that, at least initially, serve to reign in service revenue. However, we
posted solid gains in hardware sales, and are beginning to realize the full
benefits of our financial restructuring and related cost-reduction measures,
said A.D. Frazier, Danka's Chairman and Chief Executive Officer.

"We have also achieved significant organizational enhancements as a result of
realigning our business into one unified organization in late 2007. Our focus on
training and customer satisfaction strategies continues unabated. Vendors, in
particular, have been strong supporters of this effort. Additionally, our
recently announced strategic relationship with Konica Minolta is progressing
favorably," concluded Frazier.

For the first nine months:

* Total revenue was $319.7 million, down 5.1% from the prior year. Retail
equipment, supplies and related sales was $145.0 million, down 1.6% from the
prior year while service revenue was $165.9 million, down 7.0% from the
prior year.

* Consolidated gross margin was 34.6%, down 60 basis points from the prior
year.

* Operating expenses from continuing operations were $107.1 million, down
$7.2 million or 6.3% from the prior year.

* For the first nine months, the Company generated operating earnings from
continuing operations of $3.1 million.

* Net interest expense was $46.5 million, including costs related to the
early extinguishment of debt of $9.7 million, a tax benefit was recorded of
$3.0 million, and loss from discontinued operations was $2.1 million. These
resulted in a net loss of $42.5 million as compared to a net loss of $34.5
million in the prior year.


Conference Call and Webcast

A conference call and Webcast to discuss Danka's results has been scheduled for
today, 5th February, at 3:00 p.m. UK time. To access the Webcast, please go to
www.danka.com. To participate in the conference call, callers in the United
States and Canada (and some United Kingdom callers) can dial ([phone].
Other international callers should dial ([phone]. Reference conference
ID #32895389 when prompted. A recording of the call will be available
approximately two hours after it is completed until 12:00am on 10th February,
2008. To access this recording, please call either ([phone] or (+1)
-706-645-9291 (conference ID #32895389) or visit Danka's website.

- ends -

For further information please contact:
Danka Business Systems PLC
Cheley Howes, Danka Investor Relations 001 727 622 2760

Weber Shandwick Financial
James Chandler 020 7067 0700

[lukic] 05/2/2008 13:09

so what time are results due??

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

lol

I actually think it's quite amusing cancer, if i post a dot you go
nuts on one of my threads :-))

You are one strange person !

lol

Hugs and kisses