Dekel Agri-vision Share Discussion Threads

[marab] 05/8/2013 16:19

fillipe - thanks for posting. It is a bit on the quiet side here atm but things should get busier once the mill is up and running. I can buy 600,000 shares with TDW at 0.9p so it looks like the MMs have a few to sell.

GRPH seems to have had an interesting few months but it was a bit sad to see old BIP disappear like that although it was a good earner for those in before the RTO.

[fillipe] 05/8/2013 15:55

Hi marab - well done with your rather lone vigil here but thank you for all the quality info.

I've taken a few as I'm happy to hold from low, awaiting production etc - as it was with the old friend BIP - now Graphene Nanotech....incidentally the latter GRPH are up today on almost their first news after a long slide from 140p - all simply due to a lack of newsflow and lack of promo of the new company.

Enough of that - all just for info.

The 0.8675p trades are all buys, btw.

f

[marab] 05/8/2013 09:36

selfservice - thanks for that link. Nothing new in the article really but DKL is one of 3 shares mentioned for its potential for good gains and worth putting in an ISA. The other two were SML and PAF.
.

[selfservice] 04/8/2013 20:18

DKL mention here:

@theminingmaven: AIM Shares & ISAs – Don't Look a Gift Horse in the mouth!

[marab] 04/8/2013 09:56

In theory you will be able to put any AIM stock into your ISA from Monday 5th of August. I would be surprised if the MMs don't have a game plan to maximise their earnings on Monday so worth remembering that you don't have to deal on Monday. If both your trading account and ISA are with the same company then they should be able to save you a bit of cash when you sell the first lot and buy the replacements. On the plus side you probably will have a CGT loss on the sale and no tax to pay on any gains inside the ISA.

Monday should be interesting though going by this post from Nick2008's ATUK thread

'Wh1spa 2 Aug'13 - 18:40 - 2615 of 2615 0 0

If anyone here is using HSBC as stockbrokers (and its many guises eg First Direct) they will not allow AIM shares into ISA's on Monday. It's a business decision apparently....... * ankers'

[marab] 03/8/2013 20:31

While googling 'miss palm oil competition' I came across this item.
'Full Genome Map of Oil Palm Identified. Scientists have identified a single gene critical for yield of the oil palm and have also reported the plants genomic sequence'.

Indian Rajinder Singh, Ph.D., Head of the Genomics Unit of the Advanced Biotechnology and Breeding Centre, MPOB, said that his team identified an oil yield-related gene called Shell and discovered mutations in this gene that explain the single most important economic trait of the oil palm.
This discovery could help balance the competing interests of meeting increasing world-wide demand for edible oil and biofuels on the one hand, and of rainforest conservation on the other.
The African and S. American oil palms, Elaeis guineensis and Elaeis oleifera, produce palm oil and together account for 45 percent of the edible vegetable oil worldwide.
The new research identified the gene, Shell, responsible for the three known shell forms: dura (thick), pisifera (shell-less) and tenera (thin), a hybrid between dura and pisifera palms.
Tenera palms contain one mutant and one normal Shell allele, an optimum combination which results in 30 percent more oil per land area than dura palms.
Until now the mapping of Shell has been extremely challenging because of the plant's large genome and long generation times as well as the difficulty in typing the widely distributed experimental oil palm populations.
The findings have been published in Nature'.

hxxp://bestcurrentaffairs.com/w/2013/07/25/full-genome-map-of-oil-palm-identified/

[marab] 03/8/2013 20:19

The Accountant - you know as well as I do that research can be tedious and tiring. If part of my research forces me to look at pictures of scantily clad young ladies then I just have to grit my teeth and get on with it for the good of the thread. I wonder if there is a Miss Palm Oil Competition?

[the accountant] 03/8/2013 17:09

marab - good to see you are researching the Ivory Coast in such detail !!

[marab] 03/8/2013 11:20

War breaks out on the Ivory Coast!!!!!!

Luckily it is unlikely to have any great effect on DKL palm oil production.

'Curvy or slender? Beauty wars break out in Ivory Coast'

Read more: hxxp://www.nydailynews.com/life-style/health/curvy-slender-beauty-wars-break-ivory-coast-article-1.1304947

[marab] 02/8/2013 19:35

Costa Rica means Rich Coast in Spanish and ivory is expensive so easy enough to confuse Costa Rica with Ivory Coast. Also very easy to confuse a stupid decision with a divorce though so better sticking to plan A ;-)

It is very hard to appreciate how much is under cover at DKL's site. Photographs taken to close give you no idea of the spread of the buildings and those taken at a distance give you no idea of scale, thus the football pitch comparison. And no problems so far which augers well for the future.

A very boring stock is DKL. They tell you what they intend to do and then they do it with no problems or further placings to raise cash. They stick update photos on the company website and are happy to chat to share holders who get in touch so everyone knows things are progressing to plan. I wish all my stocks were that boring !

[the accountant] 02/8/2013 18:28

marab - my wife was thinking more of Costa Rica but I will mention the Ivory Coast to her !!

4 hectares is one big site !

[marab] 02/8/2013 12:21

The buildings and FBB reception area cover nearly 4 hectares which means little to me as I was taught to measure in poles and perches. To put it into context that 4 hectares is the equivalent of 5 or 6 football pitches. Or if you are a bit more upmarket in your sporting pursuits about 2.5 times the size of Lords Cricket Ground.

hxxp://metricviews.org.uk/2007/11/how-big-hectare/

[marab] 02/8/2013 12:08

When the mill is completed there will be an opening ceremony with the usual selection of dignitaries and perhaps the President of the Ivory Coast among them. More details on this will be forthcoming later in the year so any of you on holiday in the Ivory Coast at the time will have a chance to pop in. The accountant gets around a lot so he might be up for it ;-)

[marab] 01/8/2013 08:40

Luckily we don't have to worry about the price of palm oil until next year.

'Palm Drops on Concern Record U.S. Soybean Crop to Boost Supplies' - 'The U.S. soybean harvest will climb 13 percent to 93.1 million tons, bringing global production to 285.9 million tons in 2013-2014 from 268 million tons a year earlier'

[marab] 31/7/2013 09:21

My guess is that everyone will be keeping a close eye on how well the transport system works. Obviously the company will want to process the FFB within 72 hours of picking to ensure that the levels of free fatty acid does not get to high and levels over 5% would have a detrimental effect on the sales price. 'The acid value of an oil may be used as a measure of quality. However, the acid value of the oil must not be too high, as this denotes an excessively high content of free fatty acids, which causes the oil to turn sour. Discoloration may also occur'. A fairly good description on quality can be found here.

[marab] 30/7/2013 13:02

The construction of the buildings should be finished soon then the internal work will start. As far as I am aware everything is still on schedule for completion by the end of the year. The game plan is still to get the mill up and running for a few months before the peak season begins in March. That will allow the mill to be fine tuned and the delivery system tested as well. As others have mentioned, the transporting of the fresh fruit bunches (FFB) to the mill is a critical part of production and Dekeloil will have at least a couple of months to ensure that is running smoothly before the peak season begins. Another example of the company taking logical steps to maximise efficiency.

[marab] 29/7/2013 09:24

PAL's accounts are out today and might be worth a read to compare with DKL. PAL have also announced a placing at 6p which will be mixed news for share holders.

[marab] 28/7/2013 12:49

Recruitment of a Mill Manager is progressing and Dekeloil expect to have appointed one ready to start work in September or October to give plenty of time for working systems to be laid down and checked. Not to easy to find the right person as they have to have experience in running a similar mill, be able to speak French and, as importantly, – have to be able to get on well with the workforce.

Of course some of us have different views on what a boss is

[marab] 27/7/2013 16:46

A suitable supplier of the effluent treatment plant has been identified and we may get an announcement relatively soon confirming the details. While Dekeloil will be way ahead of many palm oil producers just by dealing with the effluent from the mill, there could be scope for creating a sell-able product. The treated waste from the plant could be a very useful compost (if a compost facility is installed) and, bearing in mind that transport will normally be leaving the mill empty to pick up FFB, there is an opportunity for delivering a low cost recycled product to local growers to improve their crops. This could be another strand in the relationship between Dekeloil and the local farmers as well as a further potential revenue stream.

[marab] 26/7/2013 09:30

Dekeloil were delighted with the interest they received in Abidjan from 11 to 13 June where African countries got together for their first congress devoted to oil palm plantations. Various co-operatives have visited the Dekeloil nursery since the event, so the potential exists for some more business opportunities in the future.

Dekeloil did an awareness presentation for the company a few weeks ago with Optiva which seemed to go down well. Since most recent investors probably got into Dekeloil through Optiva I am delighted to say that both companies appear to share a mutual respect for each other, which appears to be another example of Dekeloil creating long term relationships. More presentations are planned both in Europe and South East Asia probably at the end of the 3rd quarter or beginning of the 4th quarter. The company may also present at the London Investor Show in October.

[marab] 25/7/2013 21:43

The company is still having discussions on off-take agreements. While there is plenty of opportunity to sell the palm oil locally for refining, the company is looking into export opportunities as well to avoid the classic trap of having only one customer for their production. Many possibilities are being explored including possible port facilities to facilitate potential exports.

There are a few more photos of the mill progress on the DKL website

[marab] 25/7/2013 11:31

We know that Dekeloil is building a mill with 60 tonnes of FFB per hour processing capacity with two lines of 30 tonnes capacity. This system allows greater flexibility for maintenance and efficiency during the quieter months. Being a modular system, greater capacity could be added if required. What some investors may not appreciate is that most of the current milling in the Ivory Coast is being done by old inefficient mills. The effect of this can severely affect the quality of the FBB delivered to these mills as drivers frequently have to queue for 36 – 48 hours before they can unload during the peak season.

Comparing this to Dekeloil's expectation of drivers being able to make an average of 2.5 trips per day to feed their plant, there is less chance of farmers getting poorer prices or even having their FBB rejected due to the condition of the fruit on delivery. This could be seen as a very attractive reason to use Dekeloil in the future. Transport costs will be less due to a faster turnover and few lorry drivers would volunteer to sit in a queue for days if they had a viable alternative. To ensure faster unloading Dekeloil have doubled the size of their reception area for deliveries.

[marab] 24/7/2013 14:55

Just as well Dekeloil are not producing yet. Palm, the most-used cooking oil, sank to the lowest level since 2009 as global supplies expand to a record.

[marab] 24/7/2013 08:24

It gives you an idea of how well the building contractors are doing when you realise the buildings and FBB reception area cover nearly 4 hectares. The whole lot is only about 300 metres from the nursery. The nursery is not only producing well for Dekeloil's needs, and local farmers have planted about 6,000 hectares of their own land with Dekeloil's plants.