Danakali Share Discussion Threads

[rabbrooks] 17/10/2007 10:41

The London office closes in a few weeks time. The shares will be delisted in London. Will there be any point in keeping these shares at all?. It's a dilemma for those of us who have let optimism rule over common sense over the last few years.

[lowtrawler] 08/10/2007 16:38

latifs100 - "pls tell me they not going bust"

Can't do that. It seems the most likely outcome. Declining revenue, no more assets to sell and a debt burden that remains too high for the remaining business to support. There are only 3 possible outcomes:

1. A competitor buys them up (probably talk exclusively to the lenders and give the shareholders little or nothing)
2. Debt for equity swap - existing shareholders end up owning little of the restructured company.
3. They go bust - shareholders get nothing.

Get out while you can....

[jotoha1] 05/10/2007 19:39

might be worth a look when it hits 4p

[latifs100] 05/10/2007 15:26

i thought 15p was bottom... now 8p... tired of averaging down..pls tell me they not going bust

[actonman] 02/10/2007 20:02

Johnymac, thanks for the link. Interesting article. They do seem to be doing the right things of late. It would be a shame now if a faltering economy throws everything off course again.

[pegasus59] 23/9/2007 08:34

This may well be a very good price to enter.I will monitor this one closely over the next week or so as i do some research.

[johnymac] 21/9/2007 09:06

A.D. Frazier certainly sounds like he knows what he is talking about.
Maybe we can still get our money back.

[davidlloyd] 20/9/2007 16:08

Sing sing, I think this is the bottom now.....

[singsing] 14/8/2007 16:30

Are we looking at the bottom? Or is this just another deceptive crack of the share price looking attractive.

[tonystringy] 04/8/2007 00:43

latifs100,

just take what you can now.

I used to work for this lot after we were sold by Eastman Kodak...........not at all impressed!

I wouldn't entrust them with looking after my garden!

[tonystringy] 04/8/2007 00:40

Couldn't happen to a nicer company!

;-)


Bar stewards!!!

[lowtrawler] 03/8/2007 23:54

Read my post 263 from May of last year. Things have only deteriorated from then. AVOID.

[latifs100] 02/8/2007 20:14

is 10.5p the bottom.. i got these at 35p..beginin of year, is it time to add.
has it changed around

[miata] 02/8/2007 14:32

14:30 15,000 Buy at 10.5p.

[miata] 02/8/2007 13:35

The Group reported operating earnings from continuing operations of $2.5 million
in the first quarter of the year ending 31st March, 2008, compared to operating
losses of $5.7 million in the comparable quarter of the prior year and $10.9
million in the quarter ended 31st March, 2007.

[zedder] 30/7/2007 21:38

If UK price drops to more in line with US closing price (10.95p equiv) I might well have a dabble in advance of the results.

[miata] 30/7/2007 20:05

DANKA will release its first quarter results at 1:30pm GMT on Thursday, August 2, 2007.

[mr_chaps] 28/6/2007 15:10

Nice pick up above 14.

Danka Business Systems PLC
28 June 2007



For Immediate Release 28 June 2007

Danka Business Systems PLC
("Danka" or "the Company")

Danka Named First National U.S. Distributor of HP Edgeline Colour Printers

Breakthrough Printing Technology Offers SMBs High-Quality, High-Volume Colour
Prints at Significantly Lower Cost

Danka Business Systems PLC (LSE: DKN; NASDAQ: DANKY), one of the largest
independent suppliers of office business solutions in the United States,
underscored its sector leadership today with the announcement it has been
selected as the initial national distributor of HP's new line of advanced colour
multifunction printers (MFPs) with Edgeline Technology.

Danka believes Edgeline Technology, when coupled with Danka's highly-rated
service and digital support, will enhance office-imaging productivity by
enabling business customers to migrate from black and white as well as colour
devices to a single platform that offers both colour and black and white
printing with a lower total cost of ownership.

The new HP CM8060/CM8050 Colour MFPs with Edgeline Technology work by passing
paper underneath a stationary print head to produce a high-quality image. This
increases the speed of colour printing by distributing ink across paper in one
pass, while producing superior colour depth and image.

"We are pleased that HP has selected Danka as the first national distributor of
its innovative, Edgeline Technology printers," said A.D. Frazier, chairman and
chief executive officer, Danka. "This demonstrates the confidence HP has in
Danka's world-class sales, service and business engineering capabilities. It
also speaks to our unique ability to build strong relationships with IT
decision-makers, who are playing an increasingly critical role in the
office-solutions decision-making process."

"Today's mid-market customers need a complete printing workflow solution that
helps them save money and improve productivity," said Scott Anderson, vice
president, imaging and printing channels, North America, HP. "Danka offers HP
the right service and sales coverage, technical knowledge, and a proven track
record interfacing with customers nationwide in the mid-market space."

Danka has provided extensive, organization-wide training on the new Edgeline
Technology products and is currently rolling out this new offering to 55 markets
across the United States.

- ends -

For further information please contact:

Danka Business Systems PLC
Cheley Howes, Danka Investor Relations [phone]
Louis Kritzinger, Danka London 0207 605 0150

Weber Shandwick Financial
Georgia Dempsey 0207 067 0749

About Danka Business Systems PLC

Danka is one of the nation's largest independent providers of office systems
solutions. For 30 years Danka has provided its customers with the equipment,
supplies, software and integrated services and support they need to address
their print, copy and document workflow requirements. Danka delivers these
comprehensive document solutions through a consultative model designed to
improve business processes, reduce costs and increase productivity that drives
customer value and satisfaction. Danka services customers directly in 50 U.S.
markets. For more information, visit www.danka.com.

Certain statements contained in this press release, including statements related
to Danka's future business and financial performance, are forward-looking. Such
statements reflect the current views of Danka with respect to future events and
are subject to certain risks, uncertainties and assumptions that could cause
actual results to differ materially from those reflected in the forward-looking
statements. Readers are cautioned not to place undue reliance on these forward
looking statements, which reflect management's analysis only as of the date they
are made. Danka is a registered trademark. All other trademarks are the property
of their respective owners.

# # #

This information is provided by RNS
The company news service from the London Stock Exchange

[ejplynch] 21/6/2007 00:12

Sound advice geenngg. It all depends on the next set of results and any insider buying. If this happens it could soar to $3 to $4 over a few weeks. Am in this company since 02 @ $1.40 and have bought and sold on the drastic up and down swings. Buffet has always said you should invest for a 5 to 7 year timespan to achieve maximum profit. This is the 11th hour imo and could be a major turning point up or down depending...............

[geng] 20/6/2007 17:12

GO to :-



There is a lot more going on there - some quite informed and obviously some idiots too!

I think the D4E threat has gone away for a while. All depends on the latest figures due Friday. Then if AD Frazier buys any - LOAD UP!

[cyberpost] 19/6/2007 13:55

interesting rns today.

[rabbrooks] 21/5/2007 18:49

I phoned the two people who are the PR reps as stated on the news statements just issued. Both out-- no return phonecalls as required. Looks ominous.

[latifs100] 16/5/2007 08:52

this is gonna become a penny share.. i bot at 30p. now 12p..lol