Dekel Agri-vision Share Discussion Threads

[basem1] 04/3/2021 15:37

Just can't see it reversing either Not until April

[basem1] 04/3/2021 15:35

Turning into a car crash is this investment

[cheshire man] 04/3/2021 15:14

Dekel Agri-Vision
@DekelAgriVision

· Mar 3

Very good to see this year's high season, following a typical high season production as planned.

#DKL #PalmOil #Production

[rightnellie] 04/3/2021 10:06

January Palm Oil Production

Production up 52% to 3,269 tonnes, sales up 20% to 2,538 tonnes and realised prices up 27% to €796 per tonne compared to January 2020 it has been an excellent start to the current high season
Posted on their Twitter account 01/03/21

[2vdm] 03/3/2021 07:49

I agree tradetrev. Misleading by Bloomberg which should know better, although they changed it fairly quickly. I expect the CPO price to reduce a bit from all time highs as this bumper season progresses, with more CPO hitting the markets, but the price is still at $1098 compared to $630 approx this time last year. Bodes well for DKL.

[tradertrev] 02/3/2021 13:08

I wouldn't describe this chart as "spiralling lower"...

[2vdm] 02/3/2021 08:52

Bloomberg reporting CPO prices "spiralling lower on poor demand and increased output" on its scroll bar. Not seen that anywhere else. Have disproportionately large holding here as a LTH, as I believe it is a good long term investment, although Covid and geopolitical factors must be taken into account. Views appreciated.

[tradertrev] 01/3/2021 18:49

Malaysian palm oil prices v close to record highs and Ivory Coast starts mass Covax vaccination rollout - first in Africa. Seems very helpful to DKL.

[basem1] 25/2/2021 15:37

Thanks Rivaldo Tighten that spread and I'll have a few more

[rivaldo] 25/2/2021 10:56

CPO prices back at their 7 year highs at $1,125 as of Tuesday:



We can now guarantee that these prices will be prevalent for more than half of this production high season until the end of April. As long as there's half-decent production DKL will be quids in.

[chadders] 24/2/2021 10:10

Quarterly reporting period starting in Asia. Expect a raft of much improved results due to high CPO prices. In this case the well reported labour shortages in the region are not sufficient to hold back profits.

[pugugly] 24/2/2021 06:58

Interesting reason possibly behind higher palm demand

"!Adding palm oil-based energy supplements to cow feed is a decades-old practice said to increase the milk output of cows and increase the milk's fat content.

Since the summer, hundreds of farmers around the country have stepped up their use of palm oil substances in an attempt to boost supply."

[rivaldo] 23/2/2021 14:58

Agreed - I suspect it's just a few, unlike other stocks where the effect is that much greater.

[basem1] 23/2/2021 14:38

Yes the spread would be too offputting

[tradertrev] 23/2/2021 14:35

riv I'm confident that's the issue. Would be surprised if there are that many people punting this share on margin.

[rivaldo] 23/2/2021 14:30

CPO prices still at very high levels at $1,100 as of Friday's chart.

There's been more than enough interest to propel DKL quickly to almost 5p (and previously 6p) from just over 2p, so that's not a problem imho.

More interestingly, I noticed DKL was on the list of stocks for which IG Index are about to increase margin requirements to 100%. Their clients have until 26th February to put up 100% margin on stocks affected, or positions will either be forcibly closed or kept open for another 30 days.

So I wonder if the current weakness is being caused by a few clients forced to close out their positions here? If so, this could present an unexpected buying or topping up opportunity at just the right time.

[basem1] 23/2/2021 13:59

Starting to look cheap just not enough fans and coverage out there

[outlawinvestor] 21/2/2021 10:58

Quite informative interview with IG's Jeremy Naylor. LM reaffirmed the objective of organically growing output at the Ayenouan mill towards nameplate capacity of 60,000 tonnes p/a and suggests progress is being made to achieve higher FFB collection. In FY19 the FFB collection target was 190,000 tonnes targeting c. 43,000 tonnes CPO at 22.5% extraction rate - apparently a tough target when compared to actual collection and extraction rates.

Processing a new commodity at the mill whets the appetite when one considers that the new commodity's capacity is additional to CPO nameplate capacity i.e. 60,000 tonnes CPO plus whatever capacity is declared for the 3rd commodity. We await full info but it seems clear that credits from the new commodity will meaningfully increase overall margins at the mill. It could mean that the mill stays profitable even if/when CPO prices dip.

IMO, the current share price is unlikely to last long despite the recent 5p placing. The market has not yet priced in the stronger balance sheet, the increased exposure to the Tiebissou asset and the expectation of cashew revenues in H2. I don't have a crystal ball (obviously!) but based on fundamental analysis, experience and common sense I think the market will ascribe a 30% to 50% premium to the share price by the time the cashew mill is commissioned. Even that 6.5p to 7.5p level IMO still discounts other upside catalysts like RSPO certification, commencing 3rd commodity processing, increased CPO output, increased cashew output and the green energy project.

[rivaldo] 19/2/2021 13:31

...as are CPO prices, still at around those 7 or 8 year highs at $1,110 as of Wednesday:

[chadders] 18/2/2021 16:09

Market dynamics holding up well.

[cheshire man] 18/2/2021 10:37

Dekel Agri-Vision
@DekelAgriVision
·
6m
Expansion of our new cashew processing capacity at Tiebissou making solid progress

We are moving into the assembly stage and installation of the milling equipments

#DKL #Cashew

[cheshire man] 17/2/2021 16:08

Dekel Agri-Vision
@DekelAgriVision
·
10m
Drone view showing the scale & progress made at our Cashew Project at Tiebissou

The project is undergoing a phased development to capitalise on a major shortfall in cashew processing capacity in Côte d'Ivoire, one of the world's largest cashew growers.

[leoboy] 17/2/2021 12:40

meanwhile as we wait some of us are crunching - no not numbers ... look what you missed (there is always next time) :

[leoboy] 17/2/2021 11:19

byh - all we know :



"The remaining shipment of milling equipment is expected to be shipped and delivered to Côte d'Ivoire in the coming months. Further updates will be provided to the market in due course."