Danakali Share Discussion Threads

[jun2008] 10/12/2007 21:19

I admit that the fundamental of this stock is awful. But i think the point of chancer is he thinks the stock share price can have a short-term bullish trend (personally I wont see the share price to 10p). I also reckon on 2nd August when the Q1 result came out, the share price was 9-10p at that time. Although the share price continued to reduce by the bad news in Nov, the share price right now is much lower than it in august (oversold?). The company chairman also said: "Despite a disappointing quarter, notably in our services business, the company maintained positive operating earnings. We also began to derive the expected benefits from the recently completed financial restructuring and related cost-reduction measures." so, the share price should be at 5 possibly?

From the candlestick chart of today, I can see there are much much more buyer than the seller. after 15:50, the seller became more powerful but definitedly there is a support at 2.75p.

there was a downside trend of the share price but dont forget now the share price is at the support position of 2.75p. I will wait till tomorrow to tell if this is the bottom and I hope more buyer come in tomorrow.

[chancer6] 10/12/2007 20:13

silveraw - 30 Nov'07 - 16:26 - 867 of 982

I have also filered 8Trader, another one that cannot be civil, seems to thrive on confrontation with nothing positive to offer. What is it with these people

[8trader] 10/12/2007 20:12

You really are pathetic chancer !

[chancer6] 10/12/2007 20:07

longshanks - 10 Dec'07 - 08:03 - 978 of 982

You're such a sorry nonce, 8T.

I have this picture of you with a 5 yr old gas guzzling 4x4 haggling with the staff in a car showroom about its intrinsic value.

[8trader] 10/12/2007 19:52

Jun2008.

All those AT trades at the offer prices are sales, that's how you
place orders on the SETS book.
Chancer is a pump and dumper who knows this but cannot bring himself
to post the truth on any thread he tries to push a stock.
People have known him/her for years, he used to do this under the names
suehelen and optimist23 along with smiler1/2/3/4/5/6 etc etc.
Read the crx thread and csv thread and you will see he will dump Danka
anytime and never post again on the thread.

All you have to do is have a quick glance at the fundamentals to see
how much trouble Danka are in.

[chancer6] 10/12/2007 19:13

For goodness sake Jun:

'The market makers have to correlate the NASDAQ ADR's price to show the equivalent worth on the LSE listing'

[jun2008] 10/12/2007 19:02

one question i cannot understand is why the share price downing today but so many auto buys?

[chancer6] 10/12/2007 18:42

chicogabb = Dave Flynn = seanmiller...another one for the filter book.

[chancer6] 10/12/2007 18:24

Mentioned ADR's selling should be nearer to a close now....buys outweigh sells so far and price holding up.

[chancer6] 10/12/2007 17:49

NimH - another new poster - gosh these derampers are getting desperate - another one for the filter book.

[jun2008] 10/12/2007 17:07

NiMH, I just saw the 200k sell gone through at 16:45. so the ending price is 2.5 bit: 2.65 ask. Not too bad.

we will see tomorrow.

[jun2008] 10/12/2007 17:01

thank you, NiMH.

[seanmiller] 10/12/2007 16:57

unless you are chancer in which case this order book is showing all buys.

[nimh] 10/12/2007 16:55

june

its an order book stock. For it to rise you need less sell orders (offer) and more buy orders (bid) on the order book. DNK has too many sell orders at the moment. They get taken out and more sell orders are put in their place. So the price doesnt rise. But when the buy orders get taken out, they arent replaced by more buy orders at the same price, so the price drops.

Looking at the buy and sell indicators is a fools game when it comes to order book stocks. The key is to see how quickly sell and buy orders are taken out (and whether they are replaced with new orders) this determines the price movement.

[seanmiller] 10/12/2007 16:53

of course there is no rush......you are showing a loss lol.

the "rush" won't happen until you are a bit below your target price and before anyone knows you are selling.

simple really lol

[nimh] 10/12/2007 16:48

thats because auction was not being settled... nobody was wanting stock for the price quoted..... finally got settled at 2.5p.

[jun2008] 10/12/2007 16:47

There are 2 RNS of Price Monitoring Extn. what are those for?

[nimh] 10/12/2007 16:46

chancer

you need to stop lying so profusely. This is a lie

"Buys all the way on the order book until 3.20p and the next MM is EVO on 3.50p offer..."

they are SELL orders. They only become buys if they get taken out. That is someone decides to take those sell orders by purchasing them.


And i see 200k auction at 2.5p. not looking good for tomorrow.

[seanmiller] 10/12/2007 16:42

Priceless.

All sells are buys in "chancerworld".

[chancer6] 10/12/2007 16:42

Jun...3.00-3.25p, can hold for my big gains...no rush to make an exit whatsoever.