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Share Name Share Symbol Market Type Share ISIN Share Description
Dekel Agri-vision Plc LSE:DKL London Ordinary Share CY0106502111 ORD EUR0.0003367 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 4.85 4.70 5.00 4.85 4.85 4.85 27,917 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 17.7 -2.8 -0.8 - 26

Dekel Agri-vision Share Discussion Threads

Showing 2901 to 2924 of 2925 messages
Chat Pages: 117  116  115  114  113  112  111  110  109  108  107  106  Older
DateSubjectAuthorDiscuss
18/6/2021
12:44
From the FT - a "mini supercycle" is predicted for agricultural prices for the next few years, in particular soyabeans which bodes very well for CPO prices too.... Https://www.ft.com/content/b9551dfb-cabb-40aa-bd02-5b1fff3afb64 "Top agricultural traders predict a ‘mini supercycle’ Markets for corn, soyabeans and wheat expected to remain strong over next few years Agricultural commodities are at the start of a “mini-supercycle” with prices expected to be boosted for several years by demand from China and for biofuels, according to some of the world’s top traders. Executives from Cargill, Cofco, Viterra and Scoular said this week that the markets for corn, soyabeans and wheat will remain strong over the next two to four years... ....“We’re certainly seeing a mini supercycle,” said David Mattiske, chief executive of Viterra, majority owned by Glencore, told the FT Commodities Global Summit. “We’re in a demand driven environment with the themes of growing population, growing wealth, people consuming more. And added into that we’ve got increased demand for plant based fuel.” Sustained higher prices will be a boon for farmers who have felt the financial strain of several years of stagnant crop prices... .....According to Alex Sanfeliu, head of Cargill’s world trading unit, the two big harvests a year for corn and soyabeans — one in the US and the other in Brazil — means supercycles in grains and oilseeds tended to be shorter than other crops, but he predicted a bull market for the next two to four years. “The characteristics of the super cycle are there,” he said...... ....Meanwhile, biofuel demand, which was driving up soyabean and soya oil prices, is “unprecedented”, according to Paul Maas, chief executive of US agricultural trader Scoular. As governments push for a reduction in fossil fuel usage, many are increasing the amount of biofuels blended into petrol. “The increased demand is real and we’re on the front end of seeing how that all plays out,” said Maas. Despite the enthusiasm, Gary McGuigan, head of global trade at Archer Daniels Midland, added a note of caution. “We’ve seen quite a correction in prices over the past weeks or so,” he said, adding that while the demand dynamics were “definitely changing” it was too early to call a mini supercycle. One of the big uncertainties was China. “Out of all big demand driven areas in the world, China is the most opaque and the most hard to predict,” he said."
rivaldo
16/6/2021
08:07
Yes, but that was in 2017 and a lot has happened at DKL since then.
2vdm
15/6/2021
19:09
When i bought at 13p in 2017 the target price was 21p, pie in the sky.
poleaxe
15/6/2021
12:29
My brief thoughts are that: - DKL has already more than doubled since last November, so it's already gone somewhere rather nicely.... - Arden have a 9.3p target price, so lots of upside still to go - then there's the cashew project starting imminently which is transformational - plus news of a third commodity coming soon - and with CPO prices at multi-year highs and forecast to remain there for some time
rivaldo
15/6/2021
10:08
There is an epic super cycle on oil palm … and LM Is kinda over promising and under delivering… hope am wrong but this microcap is going nowhere. Sellers at 5pence. Lots of scope to disappoint. Micro broker with no real institutional power going nowhere kids. Best hope would be to take it private or sell it. Thoughts ?
hrvey8888
15/6/2021
09:42
Don't think the minor delay to the cashew project will come as a surprise to anyone following this thread. In the grand scheme of things it's immaterial anyway. But I agree that one has to take LM's commentary with a small pinch of salt. Looks like most people do that, otherwise the share price would have been a lot higher than this yesterday and then fallen further today.
tradertrev
15/6/2021
08:50
Pleased that cashew factory is progressing towards operation. However, don't feel LM has been particularly honest over the last 6 months about progress. He has ramped the Dekel story somewhat hiding bad news - I suppose that's his job. Still positive about the future and await rerate for this share when investors finally cotton on to how undervalued it is.
rightnellie
15/6/2021
08:41
Have we any profit projections for the cashews as yet ? Not seen or read anything
basem1
15/6/2021
08:41
Thanks for the link leoboy -an informative watch about cashews.
rightnellie
15/6/2021
08:10
I agree Rivaldo. Well done to LM and his team. The cashew arm of the business will provide revenue during the low palm oil/wet season and we have yet to hear about the next project which the company intends to introduce, widening its base and so making it a more diverse and less vulnerable investment. I have been adding as cash permits but I wonder how long before the DKL story starts to become more widely known.
2vdm
15/6/2021
07:24
Cashews update - all going extremely well except for a small delay on the final equipment shipment which should be immaterial. Good to see that purchasing of the raw cashews for production is also on target. First production "is only a number of weeks away" now.
rivaldo
14/6/2021
21:57
interesting watch about Cashews : https://www.youtube.com/watch?v=CXTZVKYYyig
leoboy
14/6/2021
06:44
Arden really need to update their note. It's based on €600 CPO.
here and there
11/6/2021
12:08
News of cashew processing plant commissioning ought to follow soon and this will be a bigger and higher margin business than CPO.
ptolemy
10/6/2021
10:56
Also happy with the update and nice to see a lift in the share price
hastings
10/6/2021
10:23
Very pleased with the PU this morning,,,,,and Arden's TP of 9.3p,,,,,,,what's not to like :-)
cheshire man
10/6/2021
08:41
Very positive update. DKL doing all the right things. June should be stellar given the 2500 tonnes already in the bag. H1 record numbers looking locked in to me.
chadders
10/6/2021
08:10
Arden reiterate their Buy and 9.3p target price today - over 90% upside. They've left forecasts unchanged for the moment, but summarise: "Dekel Agri-Vision has announced its May Production Figures. They come against a backdrop of incredibly strong CPO pricing for the YTD. Average CPO price per tonne for the month was up 43.1% at €774 per tonne. We retain our strong buy rating with a 94% upside to our target price." "Our model now appears conservative given the headroom in average selling price for the last five months, though we leave it unchanged and await the next production update. On our DCF sum of parts valuation we value the company at 9.3p per share and reiterate our buy recommendation. The stock yields 20% FCF in 2022 on our conservative forecasts with increases in cashew processing utilisation to come online later this year which will drive value. Reiterate strong buy rating."
rivaldo
10/6/2021
07:20
Cheers OutlawInvestor, excellent news re cashews. Looks like a good production update today too. FFB deliveries, CPO production and sales prices especially are all up materially on last year. In particular: "Dekel remains on course to post a material uplift in its H1 financial results compared to 2020." "H1 2021 financial results on course to materially surpass H1 2020's EUR15.4m revenues; EUR1.9m EBITDA; and EUR0.4m net profits" May's CPO sales are down year on year - but this is because DKL have been taking a patient approach to maximise sales prices, leading to a very large subsequent sale of 2,500 tonnes (presumably in June) at "materially higher" prices. June's figures should therefore look storming. I think we'll get a further cashew update in a week or two when DKL can formally announce site completion and production commencement. Very happy with that.
rivaldo
10/6/2021
07:16
H1 2021 financial results on course to materially surpass H1 2020's €15.4m revenues; €1.9m EBITDA; and €0.4m net profits https://www.investegate.co.uk/dekel-agri-vision--dkl-/rns/may-palm-oil-production-update/202106100700084009B/ Should be a blue day today
pugugly
09/6/2021
17:09
Making good progress at our Tiebissou cashew project. Operations should commence in Q2 2021, the cashew project will become Dekel's second producing asset alongside our established palm oil operations at Ayenouan. https://twitter.com/DekelAgriVision/status/1402583369066680325
outlawinvestor
09/6/2021
16:20
"a fair amount of competition..." As I understand, in addition to their 100% owned estates, long-term harvesting contracts are in place with over 5,000 smallholders, covering approximately 17,000 hectares of existing oil plantations. Under the terms of the agreements, Dekel agreed to acquire on an exclusive basis 100% of the FFB produced. I also recently heard that the Biomass idea will share the location of the cashew processing plant. Can anyone confirm?
ptolemy
07/6/2021
09:57
Well it's news week for DKL, whether it's just a CPO production update or a combined cashew and CPO update we'll soon find out. Interesting though either way. I expect there's a fair amount of competition for the smallholder ffb crop, driven by the sky high price of CPO. Hopefully initiatives such as Medicare and fertiliser programmes will have secured a decent supply for DKL.
chadders
07/6/2021
09:42
Maybe we'll get a nice photograph of an Ivorian politician cutting a ribbon. That should be worth a penny on the share price.
tradertrev
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