Danakali Share Discussion Threads

[chancer6] 01/2/2008 08:49

V.strong on L2..3 MMs on 3.25p bid now, just EVO on 3.95p and other 3 on 4p.

[chancer6] 01/2/2008 08:48

Nice 130,000 buy at 3.75p!

[dell314] 01/2/2008 07:56

strongbuy - The turnover may be big but the company has $444mln of debt.
To buy the company would involve taking on the debt, so it makes more sense to consider enterprise value(i.e. mkt cap plus debt) rather than just market cap when considering the company's valuation.

Have you noticed the regular issue of participating shares? Each of those shares is $1000 debt instrument, so every time it issues a few thousand of them, its debt is increasing by further $mlns.

My guess is the only reason it is still trading is for the benefit of the creditors, as an orderly sale of the parts will give them a better return than a firesale. Other alternative is a debt for equity swap involving massive dilution. The current business doesn't look viable as it is, IMHO.

Rgds
dell

All IMHO, DYOR etc.

[argy2] 01/2/2008 07:11

For pity sake!

[strongbuy] 01/2/2008 07:10

Wow Just noticed this one looks good costs cut sharply, still held by major institutions and big rumours of stunning results.

may be the prof is correct and this one could be heading for the blue sky.

only one problem, you can only buy small amounts, obviously the mm@s know something.

[the_professor] 01/2/2008 05:14

with a turnover of 467 million I would presume that any recovery in trading would send the share price soaring?

[the_professor] 01/2/2008 05:12

Chancer - might have to conceed that you have a point here - the share has risen 40% since I last posted!

[seanmiller] 31/1/2008 21:54

she dumping soon..............

[seanmiller] 31/1/2008 20:21

"traideMark - 31 Jan'08 - 18:28 - 1649 of 1651

brilliant fun winding chancer up on boring days , and she bites every time."

ouch, no wonder she doesn't have a fella!!

by the way, this is a mighty ramp today, so she must be ready to exit tomorrow. The 110k shares is a lie and is in place to deceive the sheeple.

Watch this space ;)

[chancer6] 31/1/2008 19:38

30 Jan 2008 Commodity Channel Index Short-Term Bullish
29 Jan 2008 Momentum Short-Term Bullish
29 Jan 2008 Williams %R Short-Term Bullish
29 Jan 2008 Price Crosses Moving Average (21-day) Short-Term Bullish
28 Jan 2008 Short-term KST Short-Term Bullish
28 Jan 2008 Gap Up Other
28 Jan 2008 Island Bottom Short-Term Bullish
25 Jan 2008 Gap Down Other
04 Jan 2008 Commodity Channel IndexW Other

Bullish Events

Bearish Events

Other Events



30 Jan 2008 Price Crosses Moving Average (50-day) Intermediate-Term Bullish
25 Jan 2008 Inverted HammerW Intermediate-Term Bullish
18 Jan 2008 HammerW Intermediate-Term Bullish
28 Sep 2007 Intermediate-term KST Intermediate-Term Bearish

[traidemark] 31/1/2008 18:28

brilliant fun winding chancer up on boring days , and she bites every time.

[seanmiller] 31/1/2008 18:10

"Chancer6 - 31 Jan'08 - 17:46 - 1644 of 1647

traideMark - 31 Jan'08 - 17:02 - 1643 of 1643 (Filtered) - you need balls to be a DNK shareholder and you haven't got any!"

classic line from a she-male lol

[iantc] 31/1/2008 18:00

Chancer6 - 11 Jan'08 - 16:02 - 1377 of 1580


Just done a small 10K top-up (PLUS)...hold 110K at 3p now..

you need big balls to hold that many ,LOL,, but then again you dont have balls do you old girl

[chancer6] 31/1/2008 17:47

Excellent buying happening on the OTC Exchange:

$ 0.25 0.04 (+19.05%) Volume: 113.41 k

0.25 7500 OBB 12:16:51
0.25 20000 OBB 12:14:14
0.25 8000 OBB 12:09:26
0.25 20000 OBB 11:40:10
0.25 5000 OBB 11:34:04
0.25 5000 OBB 11:33:55
0.24 5000 OBB 11:16:23
0.24 10000 OBB 11:13:10
0.24 6000 OBB 10:52:08
0.24 6000 OBB 10:48:39
0.24 5000 OBB 10:48:16
0.24 475 OBB 10:35:39
0.23 1000 OBB 10:28:45
0.24 500 OBB 10:26:48
0.24 1400 OBB 10:22:04
0.23 5000 OBB 10:16:36
0.22 937 OBB 10:07:12
0.22 6600 OBB 09:35:55

[chancer6] 31/1/2008 17:46

traideMark - 31 Jan'08 - 17:02 - 1643 of 1643 (Filtered) - you need balls to be a DNK shareholder and you haven't got any!

[seanmiller] 31/1/2008 16:45

"Chancer6 - 31 Jan'08 - 16:40 - 1641 of 1641

seanmiller - 31 Jan'08 - 16:33 - 1640 of 1640 (Filtered) - you have to try harder jealous loser - no one taking note of your posts it seems! "

you're right, you are a no-one lol ;)

[chancer6] 31/1/2008 16:40

seanmiller - 31 Jan'08 - 16:33 - 1640 of 1640 (Filtered) - you have to try harder jealous loser - no one taking note of your posts it seems!

[seanmiller] 31/1/2008 16:33

"Chancer6 - 31 Jan'08 - 16:32 - 1638 of 1639

Same idiots were trashing the thread last time before the rise to 4.75p from 3p...this time going to 7-8p. Idiots were trashing the thread again last time and had an excellent opportunity to buy at 2.14p against my average price of 3p but were too deluded in their own little agendas. "

lol, she typed that just as I was about to post my message, read her like a book.

[chancer6] 31/1/2008 16:32

Same idiots were trashing the thread last time before the rise to 4.75p from 3p...this time going to 7-8p. Idiots were trashing the thread again last week and had an excellent opportunity to buy at 2.14p against my average price of 3p but were too deluded in their own little agendas.

[chancer6] 31/1/2008 16:31

JEFF back with a quote on the offer at 3.80p.