Danakali Share Discussion Threads

[panagos] 06/2/2008 09:26

With net liabilities of USD400M and a market cap of GBP14M, profit of a few hundred thousands is negligible imho.

Is a dept to equity swap a possibility here thus the crash in share price?

Was following danka during the oaklandsway posting times.

[chancer6] 06/2/2008 09:11

Another sell easily taken on PLUS:

06/02/2008 09:08:32 3.78 30,000 O 1,134.00

[chancer6] 06/2/2008 09:06

What's the world coming to..that buyer has sold already..on PLUS:

06/02/2008 09:03:48 3.74 45,968 O 1,719.20

[chancer6] 06/2/2008 08:55

A decent buy has come through on PLUS this morning at a premium at 4.30p:

06/02/2008 08:05:30 4.30 45,968 O 1,976.62

[chancer6] 06/2/2008 08:52

Interesting bit of blue despite the falls on the OTC Exchange yesterday...MMs same position as yesterday with one on 4.20p then one on 4.30p, then one on 4.40p then WINS on 5p.

[double6] 05/2/2008 21:40

"UK market makers are ready to take the price up as shown with the initial 26% rise to 5.50p on no buying and there were even no sells above 4p after the results."

Utter rubbish - you can't sell in any size above 4p.

The 26% rise was not an actual reflection of tradeable prices.

There were no sells above 4p (so you state) so how could the price have (in reality) touched 5.5p

the MM's have given the results a big thumbs down.....

(Still awaiting your reply to my earlier question.... now asked above half a dozen times)

[chancer6] 05/2/2008 21:33

Bad day on the US markets resulting imo 32% drop on the OTC Exchange over the top on just 300K in volume. The price will get to around 3.25-3.50p tomorrow as the markets will be very bad tomorrow. Will be same scenario of not being able to buy in size without paying a premium. UK market makers are ready to take the price up as shown with the initial 26% rise to 5.50p on no buying and there were even no sells above 4p after the results. I'll be looking to top-up if it goes to 3.50p on the offer. IMO I got what I was looking for from the Q3 Results and will continue putting my cash where my mouth is. Hewlett Packard come out with their numbers later on this month and hope to see positive noises on their HP MFP's which Danka are distributing. Kodak and Konica have already made positive statements for the rest of the year on their products that Danka are distributing. Agreements signed with HP, Canon, Kodak and Konica since last Summer and imo that says it at all. The company was at 25p with the same debt and came out with bad Q3 Results this time last year...looking forward to seeing more agreements signed in the future and some director buying. The fall from 10-15p wasn't because suddenly the market woke up and realised the debt levels...it was only because of the NASDAQ de-listing and the price had to be made the same as over there. I take anyone comments who couldn't put their money where there mouth is and couldn't open a short at 25p this time last year with a pinch of salt. Held firm when the price went to lows at 2p, I've done my research and will get my 10p per share...plenty of patience! Goldman Sachs still hold 10 million of these and did off load a few at the 15-20p levels last year but have kept a core holding...they'll start buying a few again.

[dell314] 05/2/2008 20:11

Dell314 running around claiming the AFX summary is false is extreme deramping!

PMSL!!

An AFX which highlights the operating result with no mention of the financing charges affecting the bottom line is extremely deceptive!!

The guys who write AFX summaries could all do with going on a simpleton's introductory course to financial reports, so they don't continually get duped by the spin in the "highlights".

Rgds
dell

All IMHO, DYOR etc.

P.S. No mention of the OTC trading today, Chancer?



Plop!

[double6] 05/2/2008 20:07

Chancer - although you claim the price went up to 5.5p when the results first came out, we all know the reality that there was no trades anywhere near that price today - just the MM's marking up the price during an auction.

Did you answer the question today that was put to you regarding the positive negative points higlighted from the RNS ??

Presumably not because you just spout the garbage that you want other to believe ??

How on earth did ADVFN let him re-register after his smiler (carla etc) postings over the last few years I'll never know!

[chancer6] 05/2/2008 17:55

Again, interesting that a small buy towards close had to pay a premium to the displayed offer even for a small amount of stock...on PLUS:

05/02/2008 16:08:32 4.25 25,474 O 1,082.64

[chancer6] 05/2/2008 17:45

Only one who called it right at 3p to buy in December and the price went to 5.50p on the announcement of the results. Again in hindsight could have sold at 5.25p and bought back in at 4p but I've revised my target to 10p from 7-8p. Results were better than I expected and the research done showed clearly the positive outlook. Filtered Derampers out in force today with one liners on the debt which is the same when the price was at 25p. Scared a few to sell and then again they did at 2p as well. As iterated numerous times the size of sells have always been smaller and buyers like the 222,222 buy at 4.50p on Friday are holding strong.
Q4 Results will be even better as the Konica Agreement starts to take effect on Danka's earnings. I expect some director buying now to prop up the share price and more agreements can't be rule out! Level 2 closed with the bid price well supported and just one MM on 4.20p, then one on 4.30p and then one on 4.40p and WINS on 5.00p. The uptrend should start to take form sooner rather than later and already seen how quickly the price can rise. Few quick buck sellers on the OTC Exchange and again the size of sells there are minscule!

"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.

Dell314 running around claiming the AFX summary is false is extreme deramping!

[n s fletcher] 05/2/2008 17:22

but someone had pointed out that the spike would be temporary..... how right that was.

[n s fletcher] 05/2/2008 17:21

iant

the share spiked up to over 5p today... so she could have well been sitting on 2.5k if she held 110k @ 3p. But like the daft idiot she is, she didnt sell. In fact she came out with a raised target of 10p



Chancer6 - 5 Feb'08 - 13:40 - 1761 of 1820

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



Chancer6 - 5 Feb'08 - 13:41 - 1762 of 1820

....did my research and I was right. 10p within days imo.

[n s fletcher] 05/2/2008 17:18

smiler.... i cant belive you didnt have the sense to sell on the spike. Its the 2nd time you've missed the opportunity. You really are a daft bint.

[iantc] 05/2/2008 16:19

Chancer6 - 5 Feb'08 - 13:39 - 1759 of 1817


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

just a little bit of a lie chancer old girl as you hold (posted by yourself) 110k at 3p , but hey still made a small profit old girl if you sell quick

[chancer6] 05/2/2008 16:18

EVO still on 5p offer says it all...happy to take sells at 3.50p but don't want to sell below 5p...should start to see start of major correction upwards soon! Initial rise to 5.50p was a taster of things to come imo.

[chancer6] 05/2/2008 16:03

Common dell boy they want sellers at 4p.

[dell314] 05/2/2008 15:47

Chancer - They were DMA sell orders, so someone sold them and someone bought them.

Good grief!!

Rgds
dell

P.S. 8Trader - no wonder you gave up trying to get him to understand AT trades!

[8trader] 05/2/2008 15:47

I recommend you go short on Amu chancer !

With their 11 mil market cap and 5.6 pbt the downside is unlimited :-))

[chancer6] 05/2/2008 15:45

Oops...punishment from the heavans again...AMU ticked down agaiN!

[8trader] 05/2/2008 15:44

Still up to you old tricks then chancer and lying about trade
data, do you really think people believe all this rubbish you
post especially when anybody that understand trade data can see
those 50k trades are sales so why do you continue to lie about them ?

[chancer6] 05/2/2008 15:37

What do we reckon dell boy...someone picked up 150K there in 50K chunks at 4p.