Danakali Share Discussion Threads

[cinoib] 23/2/2004 14:11

Lowtrader,
early trade point to an open of $4.90 on my screen at present.

[lowtrawler] 23/2/2004 11:01

A bit of profit taking seems to be going on today. The MM's seem happy enough to soak it up and based on Fridays strength in the US, I think it could test $5.00 on opening there.

EDIT: Excellent post from Tech above. However, the 80p ceilings he previously identified equated to the $5.00 mark which, because of the dollars depreciation, now equate to around 65p. In other words, if we break through 65p, we are about to fill the gap.

[maxbubble] 22/2/2004 19:09

thanks Tech much appreciated

[techanalyst] 22/2/2004 17:31

maxbubble:DNK 61.25p
Has fallen from great heights the 4 year chart shows a gap to fill upon an 80p brakeout,but there is a battle to get there first.As it shows in the 2year weekly chart dnk is capable of strong moves up,the problem has been that they have been followed by strong moves back down.The good thing about this more recent rally is that she has been moving in 5p ranges,with periods of consolidation giving any brakeouts more chance of sucess.The 3month daily chart shows that DNK has just broken into the 60/65p range and broken out of a triangle,Volume is rising as are the indictors so i suspect there is more to come from this rally.I would be looking for the price to hold 60p upon any retracements,a good sign of strength building for the next push.I think this would provide the stock with its best chance of breaking 80p.
There is so much more I could say about this stock but I hope you got an idea of what I'm trying to say.

[cinoib] 22/2/2004 12:12

Mdele1,
Yes buy now as more news is in the pipeline for the very near future. Another with imernent nes of a big tye up with bhp is Mana already moving.
Back to Dnk looks like a 64.25 open in the morn, providing the mm's play the game, that is. 67 on the bid will see me out on the good side.
Hav fun.

[mjele1] 20/2/2004 17:17

Cinoib
I agree, am also in BPRG and have been from 60p.
Also EDG has been good for me from 70p.

I would like to get out of Danky too but require circa 72p to leave without a loss. This would equate to circa $5.45 at current exchange rates.

Missed AFD, looks to be running out of steam a little.
Any view on a good buy in level ?

[cinoib] 20/2/2004 16:59

Mdele1,
Last time I chatted to he gome out with a big hit, over £2g so I don't thimk he'll be in a rush to repeat that. At London close we should have seen 62.75, sliding back again. We ever see 70p again I'll be joining S.P. as there are much more lukerative stocks about without sitting on this slow boat to China. I @m more an express train man myself, like pet up 75% in 2 days, bprg 100% up in 4 weeks and afd 400% up in 5 weeks. That's real exitement for you.

[mjele1] 20/2/2004 16:47

Cinoib
Well maybe share price should be back in.
A small input fomr him would help move things northwards

[lowtrawler] 20/2/2004 16:37

It's looking good. Go danky, go danky, go danky go!

[cinoib] 20/2/2004 14:28

Mdele1,
Looks like opening around $4.60 according to pre market trade, 61.25 to us let's see if they follow.
S.P. is out at present.

[lowtrawler] 20/2/2004 14:16

One day does not a summer make. If it stays over $4.50 for the next few days, we will see a gradual rise up to $5.00

[mjele1] 20/2/2004 10:10

Lowtrawler
$4.50 taken out.
Hopefully we can now look for a test of $5

[lowtrawler] 19/2/2004 18:11

As far as I can see, it is testing the $4.50 resistance. If it can break resistance, next stop is $5.00.

[mjele1] 19/2/2004 17:10

Now up 6%, might be a push to $5 again.
At the current cable rate that would work out at circa 66p !!

[mjele1] 19/2/2004 16:32

Cinoib
yes a smaller spread of 1p might encourage some trades.
We could do with a bit of interest and momentum in this share.

What happened to Serious Punter, he seemed to be interested in this share a while back.

[cinoib] 19/2/2004 16:02

Mdele1,
Speak an though shall be hear. Now we are in line.
Thank you. Now close the spread to encourage more traders. The U.S. spread is 1-2c NOT 8%.

[mjele1] 19/2/2004 15:57

Now up nearly 5% across the pond

[mjele1] 19/2/2004 15:55

somebody was listening Cinoib, now up 2p.
Good to see I'm not on my own here !!

Edit - mmmm you were right now 2.5p

[mjele1] 17/2/2004 14:13

alot of volume today in the UK.
Also seem to be some good volume pre market in states.

Are we about to see some price movement north ?

[cinoib] 13/2/2004 17:43

Hotlips,
if you want a hot tip, bight the end of a poker that's just come out the fire.






Lowtrader,
I've been in and out of this one sine 1998 and have never seen such a price difference between us and the yanks as we've had of late. It appears the mm's must have been reading my comments as the price was marked up this p.m. without any shift stateside.

[mjele1] 13/2/2004 15:33

hot lips
Go do soething more constructive with your time than recommend a company that is down the pan

[hot lips] 13/2/2004 15:27

Hi Guys,id like to let you in to a little secret..Einstein TV is getting ready toi tell us some news..I think you should take a look..Things look positively yummy..see you on there..i think EIC are about to fly..

[lowtrawler] 13/2/2004 15:19

mjele

I agree. Danka is now my largest holding I don't intend to reassess until 65p bid. US is sitting at 59p equivalent and looking strong for further upward movement.