Dekel Agri-vision Share Discussion Threads

[outlawinvestor] 21/11/2024 22:48

this time next year

Timeless words!

[royalalbert] 20/11/2024 14:23

Smooth progress and will expect at least 3x share price this time next year.

[rivaldo] 20/11/2024 14:10

Good to see DKL on the radar of the well-known tipster Michael Taylor:



I suspect this is the case for many, particularly if next month's cashew update continues to provide smooth progress.

[smithie6] 15/11/2024 09:18

MP Evans RNS

...higher CPO prices lifting results for 2024...& more noticeably in 2025 if prices stay high

high global demand for veg oils

[rivaldo] 12/11/2024 10:14

New note out today from Zeus doesn't add much to the RNS - except that their cashew production forecasts are predicated on 19 tonnes of cashews processed per day, whereas DKL are already about to test at 20 tonnes per day.

And CPO prices have once again surged, reaching $1,345 as of last Thursday - up from $1,000 in August.

For the first time, with even a half-decent CPO production season, DKL could benefit from both a bumper CPO profit and a positive cash flow cashew tonnage (with positive cashew cash flows expected from next month).

[2magpies] 11/11/2024 09:04

And ..., there we go AGAIN: low production/higher prices! quelle sueprise!!
Next, it will be high production/low prices.

And so on, and so on, for years and years, and ...

"Although the CPO low production season has lingered longer than normal, these higher prices should be supportive"

Oh, btw, the 'K' in 'KPI' stands for 'Key'. No?

And yet, a proof-read, cleared-through-Nomad as well as by the BOD, RNS states thus: "We have seen improvements in key KPI's".

Attention to detail. Yes indeed.

[royalalbert] 11/11/2024 09:03

Riv I'm more interested in 2025, all in all looking extremely good. Time to take up positions if people are not already in.

[rivaldo] 11/11/2024 08:30

Excellent news on all fronts re cashews - looks like the tanker has been turned around at last.

October was a down month for CPO, but DKL "expect to report a material increase in our CPO sales prices for November" with CPO prices up to multi-year highs now.

With a following wind November's update could be terrific for both cashews and CPO.

[royalalbert] 11/11/2024 07:21

Hopefully an upturn will begin, that's a good RNS, may even see a bit of management buying.

[rugs3] 05/11/2024 15:58

RA
There has been a buyer picking up shares regularly for the past week or so, usually quite late in the day. Nothing today yet but certainly a couple of million over the past week. A good omen ?

[royalalbert] 05/11/2024 15:12

Looks like all the news will be revealed on the 10th, if cashews are beginning to operate efficiently on top of palm oil operations then this price is a steal.

Will we tick up through buyers into the news?????/

[rivaldo] 05/11/2024 14:57

The CPO price has risen yet again and is now $1,285, the highest since July '22:

[rivaldo] 25/10/2024 10:02

The CPO price continues to surge to multi-year highs, now up to $1,220:



Cashew prices are rising around the world and as of yesterday for example Vietnam is seeing its highest export prices of 2024.

Interesting commentary about poorer crops in West Africa, although Ivory Coast cashew supplies are up 21.6% this year. The cashew market generally is looking very bullish price-wise:



"According to Vinacas, there are many reasons for the latest price increases. The decline in Vietnamese imports of RCN by a good 10% has certainly contributed to this. This has led to a shortage of supply and is partly due to poorer crops in some West African growing countries. This shortage is being met by high demand from important buyer countries such as China; strong competition is also driving up prices. To make matters worse, exchange rate fluctuations and unfavourable weather conditions due to climate change have driven up production costs considerably and made them difficult to predict. Finally, geopolitical tensions in various parts of the world are also playing a role.

All of this is pushing up prices in Vietnam, but also in other important origins such as India. While prices for Indian cashews, W320, were still at USD 7,990/mt FOB at the beginning of the month, they have already risen to USD 8,015/mt FOB."

Now would certainly be the time for DKL to produce the goods (literally) with all the stars aligning for both CPO and cashews.

[royalalbert] 24/10/2024 11:54

Understatement of the year GB "It's time to perform!"

[gb904150] 24/10/2024 09:20

I think the key thing from the last update is:

We expect to see a significant improvement in daily production capabilities and quality over the coming weeks and we will advise the market once we see this equipment is performing successfully.

That was 11/10. We should get an update on that in the next week or two - or if not, it will be part of the November update.

It's time to perform!

[royalalbert] 24/10/2024 06:53

Palm oil hitting highs again, cashew nut operation take your pick.

[rivaldo] 11/10/2024 08:25

Yep, a solid September update as regards CPO, and at least we now know all the cashew equipment is - at last - in place and completing testing. Hopefully more and better cashew news coming soon as regards "successful implementation".

CPO prices have continued their surge from mid-September and are now up again to $1,200, the highest for over two years:

[royalalbert] 11/10/2024 06:27

Let's hope he's right, could be a very good Christmas.

Lincoln Moore, Dekel's Executive Director, said: "The Palm Oil Operation continued its consistent performance during 2024. With CPO prices remaining very supportive we are tracking well for another year of profitability. With all the Cashew Operation new equipment installed, a significant focus of the Group is now on completing the necessary testing so we can increase production quantity and quality as quickly as possible and we are hopeful we can announce the successful implementation of the new shelling and peeling equipment to the market over the coming weeks".

[envirovision] 10/10/2024 21:28

RoyalAlbert, about your bowl. Is that a bowl of cashews ?

[royalalbert] 10/10/2024 18:42

If no RNS tomorrow then news Monday regarding Sept Palm Oil production. Have they delayed it to incorporate cashew production also????

[here and there] 06/10/2024 17:49

I think there is a real opportunity here. Stock totally out of favour. CPO pricing high, cashews about to finally contribute, share price close to all time lows

hxxps://x.com/Robin25461631/status/1842984139424711063

[royalalbert] 03/10/2024 08:27

Could be a fantastic bowl formation on the chart.