Danakali Share Discussion Threads

[chancer6] 22/1/2008 21:29

Summary: I've already highlighted many a times my reasons for buying in. I started buying in early December and have now got a holding of 110,000 shares. I initially highlighted these at 3p before the price rose to 4.75p. My reasons for buying in were because the ADR's were getting de-listed and naturally the price over there started falling on selling. The LSE price was correlated to that and the fall from 10p has been purely on that and not because DANKA has come out with bad news.
The company has debt but with the new financing agreement announced last summer, it is manageable and only in November the company further strengthened its position in the market place by announcing significant distribution agreement with Konica Minolta. Mr Frazier has made alot of progress thus far. The latest fall from 3p has purely only been on the general market malaise out there. I had a short term target of 7-8 pence in December and I am still sticking to that. Q3 results are out in early February which should more progress hopefully.
Most of the sellers originally on the ADR's were forced sellers because of the de-listing and over the last few wks have started bottom fishing over there.

Bottom could have been made today with the markets looking ok again and our price ticking up abit in late afternoon.

[seanmiller] 22/1/2008 16:57

rofl, getting really shirty. I can only think you have lost lots today, despite hardcore ramping. Your new shares didn't do well either. You mustn't invest more than you can afford to lose, or you get stressed (like you did just then).

Only play with spare cash...........

simple really, like your novice investing strategy.

[chancer6] 22/1/2008 16:48

seanmiller - 22 Jan'08 - 16:45 - 1508 of 1508 (Filtered) _ BOO loser. Go and take the kids out saddo!

[seanmiller] 22/1/2008 16:45

lol , of course it will.......

[chancer6] 22/1/2008 16:39

With just EVO on 2.40p and then JEFF on 2.45p, this could be the bottom and with the markets ok for now any slight wind of buying and the price will be back over 3p. WINS already on 3.25p offer! Already seen how on a couple of decent buys (50K and 45K) the market makers moved up in the afternoon.

[chancer6] 22/1/2008 16:31

Rumour has it dell boy bought 50K at 2.20p and 45K at 2.42p!

[chancer6] 22/1/2008 16:30

dell314 - 22 Jan'08 - 16:29 - 1504 of 1504 (Filtered)

LOSER IMO! Try to find yourself a hobby for tomorrow idiot! Just told him to get his ars* over here and he duly arrived!

[dell314] 22/1/2008 16:29

Wow! Eight posts in a row!

Poor old Chancer has almost definitely been driven mad by the SHOCK of seeing all his pump'n'dump attempts suffering from EXTREME PLUMMETING....

Rgds
dell

[chancer6] 22/1/2008 16:22

45,000 buy has come through on PLUS: again buys have been greater than sells for a long while.

22/01/2008 16:20:46 2.42 45,000 O 1,088.10

[chancer6] 22/1/2008 16:22

Just EVO on 2.40p, then JEFF on 2.45p, KBC on 2.75p and WINS on 3.25p!

[chancer6] 22/1/2008 16:21

KBC moved to 2p bid now and 2.75p offer!

[chancer6] 22/1/2008 16:14

Someone picked up 50K at 2.20p which made KBC move up:

22/01/2008 16:11:17 2.20 50,000 O 1,100.00

[chancer6] 22/1/2008 16:13

KBC jumped to 2.50p from 2.20p, now just EVO on 2.40p.

[chancer6] 22/1/2008 16:12

Looks like 2.20p gone....

[chancer6] 22/1/2008 16:11

On PLUS...wouldn't have thought would be able to buy in quantity at 2.20p.

22/01/2008 16:09:21 2.20 17,052 O 375.14

[chancer6] 22/1/2008 16:02

More buys on the OTC exchange...just 7% down there now:

$ 0.18 -0.015 (-7.69%) Volume: 204.22 k

0.18 10016 OBB 10:44:31
0.17 2900 OBB 10:40:43
0.17 1600 OBB 10:34:55
0.16 129 OBB 10:11:34

[seanmiller] 22/1/2008 15:59

"sienamiller" if you read my name properly actually.

Glad to see I am off filter (never been on it rofl!!)

This share is a dog, sell it and ramp elsewhere, you know it makes sense. No one is following you in here, its a dead share!!

[chancer6] 22/1/2008 15:57

I reckon it's siena...who's been spending alot of time here today....likes to buy on the sly!

[seanmiller] 22/1/2008 15:56

lol, ignored as expected. Read the above again all those thinking of investing here, she called it so so wrong. Was "tipped" by chancer at 3.5p, now down at 2p. Big losses for those that followed her.

[chancer6] 22/1/2008 15:53

Seems someone from the filtered mob has started buying - excellent buy prices!

[seanmiller] 22/1/2008 15:36

but chancer6, you recommended this as a buy at 3.5p, so would you admit that you were wrong as today you can buy at 2.2p.

Surely you cannot dispute that?

You said buy at 3.5p, if anyone followed you (sheeple) then they would be serioulsy down.

Tell me I'm filtered/ignore me if you agree with what I said and you are, in fact, wrong.

[chancer6] 22/1/2008 15:26

Don't wait too long to buy in...still just KBC at 2.20p then EVO on 2.40p and JEFF on 2.40p. WINS on 3.25p and don't want to sell to rats under 3p.

[chancer6] 22/1/2008 15:26

Don't wait too long to buy in...still just KBC at 2.20p then EVO on 2.40p and JEFF on 2.40p. WINS on 3.25p and don't want to sell to rats under 3p.