Dekel Agri-vision Share Discussion Threads

[royalalbert] 12/3/2024 15:36

The second buy does make it a bit more interesting. Even with just CPO figures we should be a lot higher, the cashews are free (indeed they are creating a dragging effect).

[rivaldo] 12/3/2024 14:19

Great to see another buy from Lincoln - that makes around £25,000 of buying notified today, so reasonably significant now.

[xow98] 12/3/2024 13:57

Another buy

(AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has been notified that earlier today, Lincoln Moore, Executive Director, purchased 1,160,000 ordinary shares of €0.0003367 each in the Company at a price of 1.583 pence per share.


As a result, Lincoln Moore now has a total notifiable share interest in the Company of 7,209,791 ordinary shares, representing 1.3% of the Company's issued share capital.

[rivaldo] 12/3/2024 10:30

Quite right OutlawInvestor, LM is the "de facto" CEO if not in title.

300,000 shares just bought at the full 1.5p offer. Good to see a little buying interest following the director buy making a difference now.

[smithie6] 12/3/2024 09:46

...is the missing exec. dir. still... 'missing' ?!

[outlawinvestor] 12/3/2024 09:31

Yeah, a long awaited director buy-in! Insider buying is normally a positive signal.

Cynics will say it is £6500 the director can afford to lose (sensible investors only risk what they can afford to lose) plus he'll get it back with his next bonus!

Regardless, it is his money to risk. Plus there'll be no end of flak should he ever need to sell!

nb - LM is not the CEO, but I suppose he might as well be seeing Youval has been long term AWOL.

[royalalbert] 12/3/2024 08:17

Riv better late than never I suppose.

Mr D fully operational doubt it (could be classed as insider dealing), on the correct trajectory yes.

[rivaldo] 12/3/2024 07:30

Crikey, DKL must be cheap :o))

It's taken a long time, but finally we see some director buying. Good to see the CEO buying 500,000 shares. The share price has evidently reached a point which can't be resisted. Hopefully we'll see other directors stepping up too.

[mr doughnut1] 12/3/2024 07:17

I wonder if we can take this purchase as an indication that the cashew plant is nearly fully operational.

[smithie6] 11/3/2024 22:43

Cashew Nuts

Supposedly the prodigal son,

X million€ invested over Z years to get to this stage.

Production is operating I understand, and operated in 2023.

tonnes processed in February ?, yield % ?, tonnes sold ? selling price ?

ZERO information!!

[royalalbert] 11/3/2024 17:06

2m it's the margin that counts if it's good so be it. No use selling CPO at a high price if the costs of the raw material are increasing higher. The update states this, you have read it but take no notice of it.

[rivaldo] 11/3/2024 12:20

The share price has quite rightly ticked up after today's RNS.

On a £6.9m m/cap DKL are extremely undervalued imo given the highly profitable core CPO business and the potential for cashews. Nevertheless, they have to walk the walk and show that both legs of the business are progressing, and that borrowings which should now have peaked are being reduced, to justify the much higher share price which remains possible.

WH Ireland's update this morning forecasts €4.7m EBITDA for last year on €38.5m revenues, with a €0.7m adjusted PBT.

International CPO prices have now spiked up to $1,020 - if local prices begin to reflect that then the current year forecast of €4.1m EBITDA may prove to be very conservative assuming a decent upcoming high season.

[2magpies] 11/3/2024 09:00

Told ya, told ya, told ya .........

Production up ..and......... prices weaker.


Ha ha ha.

same same old


Next, pricess shoot up, production stumbles.

You read it here first!

[rivaldo] 11/3/2024 07:55

Yep, an encouraging February update for CPO - production well ahead once again, and prices on the up if still behind international pricing. And improved margins are still being achieved.

Good to see there's no hype re cashew progress - I assume there'll be a further update when concrete progress has been made. Best to play things down until that point.

[rimau1] 11/3/2024 07:32

"CPO production has started 2024 significantly ahead of the strong 2023 production year. March is typically the start of the 3-4 month peak high season and should this production momentum continue, we are well positioned to exceed market CPO production expectations for H1 2024."

[rugs3] 08/3/2024 15:29

Ptolemy

Thanks for posting the link. So Aris is now with BP.. Interesting see the comment on rubber !?

[ptolemy] 08/3/2024 15:02

One of the Directors - Aristide Achy Brou - takes his remuneration in shares, so - I was thinking, surely he's motivated? A quick Google and the guy probably doesn't need the money...



Brief mention of Dekel - though out of date.

[2magpies] 07/3/2024 12:25

rivaldo

Even if CPO went to $10,000+ it still would not make ANY difference to DKL.

You know ... machine underperformed, delayed delivery of parts, it was bit too cloudy, staff off sick, cat wasn't well ......... any excuse ... annneeee excuse... = dip in sales.

They've been underdelivering for bloomin' ages.

Why are they actually in this business?

Baffling!

price goes up, production goes down.
price goes down, production goes up.

[rivaldo] 06/3/2024 14:53

CPO prices have broken upwards through $1,000 and are at their highest for 7 months:



And consensus is for high prices to continue:



Hopefully local CPO prices will follow this lead - presumably they can't diverge for too long....

[rugs3] 22/2/2024 06:29

Armstrong is William Black.

GB. your listing of shareholders is I believe accurate. What I cannot determine is whether Yossi Inbar, one of the original investors, but not a director, still holds any shares. He had 15.8 m so just under 3pct and doesn't need declare an interest. It could be some of his shares ended up with Aris or Matt Orr (Killik) or even Armstrong.

[xow98] 22/2/2024 01:19

My mistake. Looks like they sold down their Red Rock Resources holding from 7.9% to 4.5% on 6th Feb and moved into DKL

[gb904150] 21/2/2024 22:17

yes, but to move from 5% to 10% is stumping up £350k's worth of shares.

It says they are registered Douglas, IOM so perhaps a different entity?

[xow98] 21/2/2024 20:19

Not much to the company, net assets of 73k in 2022 AFS