Dekel Agri-vision Share Discussion Threads

[marab] 21/8/2013 08:50

'Contract Awarded to Build Cote d'Ivoire's First Effluent Treatment Plant

DekelOil has signed a turnkey contract, valued at US$2,450,000, for its ETP with KIS Group. The funding for this will be provided by the financing development bank, Banque Ouest Africaine de Dévelopment ('BOAD').

Under the terms of the turn-key contract, KIS Group assumes responsibility for the construction of the ETP with DekelOil providing supervisory support. The majority of the equipment will be shipped by 20 November 2013 and the contract includes a commitment to complete the installation by July 2014. The ETP is based on using an advanced anaerobic digester which digests and collects biogas. This has environmental credentials, as evidenced by a performance guaranty to ensure that the ETP meets international environmental standards, and also provides the potential for electricity generation'.

[marab] 20/8/2013 17:15

India Seen Defying Rupee Plunge to Import Record Cooking Oil

'The slump in India's rupee may fail to deter refiners and traders from importing record amounts of cooking oils for a second year amid rising demand in the world's largest palm oil buyer.

Inbound shipments will climb to an unprecedented 10.5 million metric tons to 10.7 million tons in the year ending Oct. 31 from 10.2 million tons a year earlier, said B.V. Mehta, executive director of the Solvent Extractors' Association of India. Imports increased 11 percent to 8.03 million tons in the nine months through July, according to the association.

Record purchases by India, the world's second-biggest consumer of cooking oils, may help cut palm oil inventories in Indonesia and Malaysia and stem a 21 percent slump in prices in the past year. The rupee tumbled past 64 per dollar today for the first time on concern foreign outflows will accelerate as the U.S. Federal Reserve prepares to trim monetary stimulus.

"The depreciation in the rupee will put some pressure on imports of edible oils, but it being an essential commodity, we'll have to import it," Mehta said by phone from Mumbai today. "Fortunately for us, the international prices have come down and will be low for sometime."

[marab] 19/8/2013 07:38

It's been about 5 months since DKL did it's RTO and there is about 4 months to go before we can expect the mill to be finished and some production started. So more than half way there and hopefully Santa will bring some good news for all the little DKL shareholders.

[marab] 17/8/2013 12:57

Another animal being threatened by palm oil. Nothing to do with DKL in any way but it does underline the advantages of being environmentally responsible if you want to avoid bad publicity.

'Macaque monkeys that have developed the ability to use stone tools to open shellfish are in danger of losing the skill because of human development.

Scientists found that illegal palm oil and rubber plantations in Thailand are disrupting the monkeys' feeding behaviour.'

[marab] 16/8/2013 16:37

When you see a buy of 1,517 shares you can't help wondering why? Balance of a big order, put in shares instead of pounds sterling? I know from experience how annoying it is when you put in an order for 1,000 cheap shares instead of the £1,000 you meant put in.

[marab] 15/8/2013 19:07

Palm oil prices seem to be on the rise and up 1.31% to $708 according to this site -

[the accountant] 14/8/2013 10:56

marab - not too bothered really as my wife ( she is with Barclays - where dealing is cheap ) has already used this year's allowance in full and I have used most of mine. If I wanted to put DKL in my ISA then I could do so as mine is with Optiva ( who are not so cheap but give advice )!!

[marab] 14/8/2013 09:29

The Accountant - Might be worth looking for a new provider for this year's ISA. TDW ISA is free if it has a value over £5,500 (might be slightly more with the new allowances - can't check atm as their help page is down) at the end of the tax year and you can do fill or kill orders. Cost £12.50 per trade.

[the accountant] 14/8/2013 09:07

marab - Barclays still will not accept DKL in to an ISA. They say the UK listing is a Depository Interest which is not eligible. They add that they presume Optiva are allowing their clients to hold a foreign listing of the stock in their ISA. Clear as mud !

[the accountant] 13/8/2013 13:46

marab - passes a Tuesday morning ! Off to Old Trafford now to watch Lancs.

[marab] 13/8/2013 12:12

The Accountant - thanks for clarifying the situation. Good job you are the type that likes to check things as many would just have sloped off moaning to their nearest and dearest.

[the accountant] 13/8/2013 12:01

marab - Optiva have now come back to me with confirmation that they are eligible. I have now emailed Barclays for their response !!

[marab] 13/8/2013 11:14

The Accountant - many thanks as I am sure there are a few who are looking to put a few into an ISA.

[the accountant] 13/8/2013 10:27

marab - I asked Optiva today and at first they said "yes" but when I told them about Barclays stance they said they would double check. As yet they have not come back to me. Will keep you posted.

[marab] 13/8/2013 09:50

The Accountant - Got mine through Optiva. Optiva are of the opinion that DKL shares are shares plain and simple, and I can put them into an ISA through TDW so the problem would appear to be with Barclays.

[the accountant] 12/8/2013 21:52

marab - Barclays said for DKL it is a depository interest that is listed and not ordinary shares and so is not eligible. I am waiting for your friends at Optiva to tell me what they think !!
Could I ask which broker you have used ?

[marab] 12/8/2013 16:55

Palm oil rallied the most in two weeks as a decline to the lowest price in a week boosted exports from Malaysia, the world's second biggest producer.

The contract for October delivery gained 1.5 percent to 2,241 ringgit ($690) a metric ton on the Bursa Malaysia Derivatives, the biggest advance for most active futures since July 30. Futures fell 2.3 percent last week to close at the lowest price since July 29. The exchange was closed on Aug. 8 and Aug. 9 for the Eid festival.

Palm oil slumped to the lowest since October 2009 last month, extending losses to 8.1 percent this year, on concern that global supplies will exceed demand. Exports from Malaysia jumped 18 percent to 417,414 tons during in the first 10 days of this month from the same period in July, Intertek said today.

"Prices have seen a technical rebound as in the last few days poor fundamentals had weakened palm oil," said Han Qiang Sim, an analyst at Phillip Futures Pte. in Singapore. "There was an improvement in exports as a weaker ringgit had been making palm oil cheaper."

Output in Malaysia expanded 10 percent to 1.56 million tons in July from a month earlier, while reserves held at 1.65 million tons, according to a Bloomberg survey. The Malaysian Palm Oil Board will release the data on Aug. 14.

Futures climbed as traders closed their bets on further declines ahead of the MPOB data, said Donny Khor, deputy director of futures and commodities at RHB Investment Bank Bhd. in Kuala Lumpur.

Soybean oil for delivery in December advanced 0.7 percent to 42.19 cents a pound on the Chicago Board of Trade. Soybeans for November gained 0.8 percent to $11.915 a bushel.

Refined palm oil for January delivery rose 1.1 percent to end at 5,414 yuan ($884) a ton on the Dalian Commodity Exchange. Soybean oil climbed 0.8 percent to close at 6,974 yuan a ton.

[marab] 11/8/2013 11:20

The Accountant - there is always next year ;-) Did you find out why you could not put DKL into an ISA?

[the accountant] 10/8/2013 21:31

Cambodia on my list - but sadly it's not me !

[marab] 10/8/2013 15:04

Just noticed someone from Cambodia has just viewed this page. Either DKL is getting more well known in foreign parts or you guys have some interesting holiday destinations.

[marab] 10/8/2013 14:39

This looks a reasonable site for getting current palm oil prices. Not important now but hopefully something that will become a lot more interesting at the end of this year when DKL's mill is up and running.
hxxp://www.palmoilhq.com/palm-oil-prices/

[the accountant] 09/8/2013 09:11

marab - I have been able to buy other Aim shares in the ISA from the start of the new rules, but not DKL ! I will get in touch and see why.

[marab] 09/8/2013 08:43

The Accountant - I can buy DKL in my TDW ISA with no trouble at all at 0.92p. I know some providers are still not dealing in AIM shares for ISAa so looks like Barclays may be one of them. There may be a change in the situation when people start to move their ISA accounts to the likes of TDW.

'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'

[the accountant] 09/8/2013 08:26

marab - have you tried putting any DKL shares in to an ISA ? Not eligible per Barclays. Is it because they are not yet trading ?