Danakali Share Discussion Threads

[357aman] 18/3/2002 11:24

The thired option might never happen!!

[melfaraj] 18/3/2002 10:54

this stock has done very well recently. technically, it has traced a w formation and reached a resistance level of 50p. the next decisive stage would be to break through this resistance level. there are 3 investment strategies:

- agressive, invest now for the maximum profit potential should the stock perform according to bullish expectations, of breaking the current resistance level.

- mild, wait for the stock to break through the 50p level decisively and then invest.

- wait for the stock to break through the 50p level but not invest until the stock has traced down again and rebound from the 50p level.

or, for those with abundunt amounts of cah, invest a proportion of your capital at each stage.

[chestnuts] 18/3/2002 10:50

more sells than buys and still the price goes up it will jump big time soon

[pistonbroke1] 17/3/2002 20:51

Interesting post from USA Yahoo also copied onto iii

I ALSO AGREE WITH IT'S SENTIMENT


The Market is Never Wrong???
by: bullrallystocks
Long-Term Sentiment: Strong Buy 03/16/02 05:31 pm
Msg: 22091 of 22095

mhbarnum,
For the past few years, the Market justifiably had forsight to predict Danka would be forced into Bankruptcy. Or just flat-out go out of business. The date it was all going to happen was April 1, 2002.

Last year a new Management team and CEO take over and pulled the trigger on every option avalible to them. They hit a home run.
1)Danka Completes Sale Of Danka Services International Division To Pitney Bowes INC. For $290 Million Cash.
2)Closing Of 200 million dollar Bond Exchange Offer.
3) Refinance with Senior Credit Facility at a much more friendly interest rate.

This all happened in ONE DAY Friday, June 29, 2001
787200&class=view

Two weeks later on Monday, August 13, 2001 Independent Auditors removed this ongoing concern statement from Dankas record. "raised substantial doubt about the Company's ability to continue as a going concern"
675201&class=view

That was Danka's unofficial Turnaround date.

This was when the investment community found out:
Danka Was going to be a Survivor.
Danka was Not going Bankrupt.
Danka was Not going out of Business.
Danka Can return to Profitablity.

Four weeks later:
After Market recovery from September 11th
Smart Shorts started covering.
The market determined Danka was undervalued.
Share price started a rough but steady UPTREND.
Insiders started buying early November.
Insiders are still buying.

The Market is finding out.
The Market is Re-evaluating a new Fair Market Value for Danka that will be closer to its peer group. P/E ratio in the 20+ range for starters.

The main thing that can move a share price is volume. We do Not have much volume, so it will take a while to reach Fair Market Value.

Look at another bright side for all of us. We should have a nice steady Uptrend well into the summer 2002. This Trend is our Friend.BRS

mhbarnum, the market had the odds on their side when they ran the share price from $50.00 to .28 cents.
Danka Honerably Proved us all wrong. Now WE the Market need to do the Honerable thing and Restore Danka's Fair Market Value.

APRIL 1st will be a Monday. A fitting day for a MONSTER RALLY!!!



Posted as a reply to: Msg 22089 by mhbarnum

[m roberts] 16/3/2002 20:08

IS THIS THE DANKA SITE OR CAN WE START USEING IT FOR SILLY RAMPS.
RONSON DOING WELL UP 0.DO YOU THINK IT WILL GO DOWN?
LETS KEEP TO DANKA PLEASE


'M ROBERTS

[chestnuts] 16/3/2002 16:40

They were big sells just after market maker sold what a coincidence the mm sold just before the big sells.

[pistonbroke1] 16/3/2002 14:56

Anyone have any thoughts on the two large trades 420K & 400K - look like sells by the time.

[chestnuts] 15/3/2002 15:28

Did you see that mm shoved price up then sold 10k worth but he could regret thet later

[chestnuts] 15/3/2002 15:28

Oaklandsway have you checked out any of the insurance companies a lot look very cheap especially cox.
Nearly all sells today and yet price still managed to go up somebody is buying big time.

[bigpat] 15/3/2002 15:26

still going up in US looking good for 55p

[bigpat] 15/3/2002 15:24

spoke too soon lol

[forfaiter] 15/3/2002 15:24

Hmmm.....looking good for a break out of 53p.....target 68-72p

[newstarter] 15/3/2002 15:18

Back to 50p, great news

[callumross] 15/3/2002 14:25

oaklandsway - can you explain why in theory thus should go up on 19th with all the new shares?

[oaklandsway] 15/3/2002 14:16

jag, in theory thus will go up on the 19th. nice if we can get under 20p. imo, dyor, etc.

chesnuts, will open the email later. cheers.

[chestnuts] 15/3/2002 13:55

Hi Oaks hope you are having a good holiday, check your email

[jagluthra] 15/3/2002 13:42

oak what do you think about thus with new shares due to hit the market on the 19th and allready thus is near alltime lows, surely it must be getting close to fair value, what are your thoughts

[jagluthra] 15/3/2002 13:33

thanks oak

[oaklandsway] 15/3/2002 11:15

jag, please prepare some cash for pro. the placing & open offer is due to complete on 3rd April. The share price could go down then rebound, theoritically.

[pistonbroke1] 15/3/2002 09:23

It,s a good job the Americans are more bullish than us over here as for some reason we have had loads more sells than buys over the last couple of days and it's started that way again today. If we could keep the buying momentum this side of the pond then the northerly price would move more steadily. We are suffering from lower volumes and nervous profit taking when really we should at the very least hold if not buy more - all indications are still set for a further rise, once above $3 IMHO it will rise sharply. However, a profit taking day over the pond would no doubt send panic through a good many weak willed punters and start another dip before recovery which it surely will. Anyway that's my opinion and I,m defineately holding so DYOR guys and good Luck see you at $4 in a few weeks.

p.s. Is Holti still around, perhaps he should speak to his friend again to get any update.

[paulm1] 14/3/2002 23:52

Great site pistonbroke1 just got to learn what most of it means.lol.It is great to see dnk doing so well at last.When a company puts its house in order its good to see it reap its rewards.

[whodaman] 14/3/2002 20:11

Again more then triple more sells then buys and will still see blue!

[pistonbroke1] 14/3/2002 17:03

The info comes from an interesting website


If you like charts you,ll love it

[chestnuts] 14/3/2002 16:53

piston broke do you think what you are saying is buy ha ha good one allthe same i do like my dnk

[newstarter] 14/3/2002 16:50

Very positive