Danakali Share Discussion Threads

[8trader] 06/2/2008 19:23

You forgot to copy and paste this chancer ?

* 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.

[chancer6] 06/2/2008 17:43

Better than when the price was at 20p on release of Q3 Results this time last year:

Danka narrows loss in third quarter:

Danka Business Systems PLC reported a net loss of $799,000, or 11 cents a share, in the third quarter of its fiscal year, ended Dec. 31, compared to a net loss of $5.5 million, or 18 cents a share, in the same period a year earlier.

Danka generated operating earnings from continuing operations of $600,000 in the three-month period that ended Dec. 31, the company said in a release. In the year-ago period, the company had an operating loss of $1 million.

Revenue for the just-ended quarter at the St. Petersburg-based office systems provider was $108.2 million, 2.4 percent higher than the $105.6 million in revenue in the third quarter a year earlier.

Service revenue was down because of conversions from analog to digital, A.D. Frazier, Danka's chairman and chief executive, said in the release. He said the company posted solid gains in hardware sales, and is beginning to realize the full benefit of its financial restructuring and related cost-cutting measures.

[chancer6] 06/2/2008 16:41

They'll probably charge 4.50p for 100K purchase...already seen the 222,222 buy at 4.50p last Friday - more to come at these levels soon.

[chancer6] 06/2/2008 16:33

Excellent close..Not much buying on PLUS today...something made all the market makers dramatically move up towards close....should start the next wave of rises from here imo....lots of sells (still small in size) easily taken sub 4p again after yesterday and still charging a premium for higher quantity. At close, just EVO on 4.15p offer, KBC on 4.25p and WINS on 4.75p. JEFF aren't quoting at all on the offer - no stock to sell...still up 26% on the OTC Exchange on no volume. The market has already been made aware that Q4 will be good and enhance earnings with the Konica Agreement!

[chancer6] 06/2/2008 16:27

Just EVO on 4.15p, KBC on 4.25p and WINS on 4.75p.

[chancer6] 06/2/2008 16:26

WOW, WINS jumped to 4.75p now...something brewing...possible large buy orders in the wings.

[chancer6] 06/2/2008 16:26

EVO moved to 4.15p offer now, just KBC on 4.00p and WINS on 4.50p. JEFF not quoting on the offer!

[chancer6] 06/2/2008 16:25

Looking better, AT trades flying through.

[chancer6] 06/2/2008 15:58

Buy come through on PLUS:

06/02/2008 15:19:21 3.79 30,000 O 1,137.00

[chancer6] 06/2/2008 15:51

Don't know if it will hold but still up 26% on the OTC Exchange on no volume: US institutions hitting them with buy orders?

$ 0.29 0.06 (+26.09%) Volume: 400

[argy2] 06/2/2008 15:46

Volume over there suggests the train is leaving the station perhaps?

[chancer6] 06/2/2008 15:04

Opened up 26% on the OTC Exchange on no volume:

$ 0.29 0.06 (+26.09%) Volume: 400

[chancer6] 06/2/2008 14:39

Fair few sells easily taken thus far today:

06/02/2008 14:36:16 3.49 50,000 O 1,745.00

[chancer6] 06/2/2008 14:35

Some buys on PLUS...doubt can buy in size:

06/02/2008 14:13:24 3.79 20,000 O 758.00
06/02/2008 14:11:20 3.79 12,733 O 482.58

[chancer6] 06/2/2008 13:57

JEFF moved up on a £250 quid buy on PLUS:

06/02/2008 13:43:18 3.74 6,786 O 253.80

Few buys appearing on the order book....2 MMs on 3.85p offer then one on 4p and one on 4.50p.

[dell314] 06/2/2008 10:56

Update: EVO now highest MM bid at 3.05. A couple of DMA bids above this to give the quote you are seeing on stockwatch.

Lowest MM offer is JEFF at 3.75p (matched by a 3.75p DMA seller)

Rgds
dell

All IMHO, DYOR etc.

Let's hope there's no more PLUMMETTING today, as I'm struggling to keep up, not being blessed with Chancer's lightning(or should that be "lying"?) keyboard skills...

[chancer6] 06/2/2008 10:53

dell314 - 6 Feb'08 - 10:52 - 1840 of 1840 (Filtered) - typical deramping coward who disappears on blue days - will be buying more later.

[dell314] 06/2/2008 10:52

Chancer - ???

No update on EVO AGGRESSIVELY PLUMMETING to 3.35p bid at 10:35?
Has your free level 2 broken?

Rgds
dell

All IMHO, DYOR etc.

(edit)Urgent update: MMs panic that chief DNK pumper, Chancer, might be dead and a further wave of AGGRESSIVEL PLUMMETING ensues...

[chancer6] 06/2/2008 09:34

Me and geng have already stated why the price fell to these lows...it wasn't a case that the market woke up to the debt levels!

[panagos] 06/2/2008 09:31

chancer im not knocking danka, as I was a follower / holder for a long period, you can check my posts 5-6 years back. But sales alone sometimes cannot support the share price, many examples of companies like this. They have to sort their finances out, then the price will really race. Have you thought, why haven't Xerox or Kenkos or some other beast have not bought them already?

[chancer6] 06/2/2008 09:27

Which ever way you see fit panagos!