Dekel Agri-vision Share Discussion Threads

[loadsamonay] 07/11/2019 11:21

It's good to get confirmation that he thinks the higher prices will put the balance sheet in a much healthier position.

[rivaldo] 07/11/2019 10:35

New podcast from the CEO talking about the rise in palm oil prices, why it's happened and the improving outlook going forward:

[costax1654x] 07/11/2019 10:22

https://www.nextoilrush.com/88e-partner-1b-premier-oil-north-slope-farmout-drilling-q1-2020/

[rivaldo] 06/11/2019 13:35

Moving up on every buy at present, this time after a 92k (£2k) buy.

[chadders] 06/11/2019 13:01

It's a bit unfortunate that DKL are in the low season, but if the price trend continues, it bodes really well for next year and the start of the high season. Important to remember Ayounan has a 70,000 tonne capacity.

[rivaldo] 06/11/2019 09:02

A £2k buy this morning has had a dramatic effect.....

[poleaxe] 04/11/2019 17:44

And the share price continues to fall with every RNS.

[chadders] 04/11/2019 14:03

Apologies that's $100 on 35000 which is $3.5 m

[chadders] 04/11/2019 11:51

Breakeven at approx $550. The current CPO price is $130 a tonne higher. That would be an additional $ 4m plus revenue on 35000 tonnes produced most of which would drop through to the bottom line. This price trend is very significant. DYOR etc

[mr doughnut1] 01/11/2019 14:44

Just bought in again 150000 (showing as a sell)
Still not the most fashionable place to invest but the mood music seems to be getting more positive, esp with the rise in the CPO Price.

[rivaldo] 01/11/2019 10:49

Nice.....



"Rally in Palm Oil Is 'Red Hot,' Analyst Says
November 1, 2019, 8:10 AM GMT

Palm oil rally to accelerate: veteran analyst Dorab Mistry
Mistry says market in “great hurry” to ration supplies

The rally in palm oil prices is set to accelerate as demand for the commodity’s use in biofuel increases at a time when output is falling, according to veteran industry analyst Dorab Mistry.

Benchmark futures could reach 2,700 ringgit a metric ton by March, Mistry, director at Godrej International, said in remarks prepared for delivery at an industry conference in Bali. That would be their highest level in more than two years, and would take the gain from the July low to about 40%.

“Sentiment is red hot,” Mistry said. “With lower production, biodiesel usage has become the spark to ignite the rally.”

Malaysian futures, which set the tone for global prices of the most-used edible oil, capped their biggest monthly advance in four years in October as supply concerns, strong Chinese demand and expectations for a jump in consumption in biodiesel propelled the gauge into a bull market.

The “game changer,” says Mistry, has been Indonesian President Joko Widodo’s support for B30, a program that requires biofuels to be made using 30% palm oil from 2020. Now, the market is in “a great hurry” and has begun the job of rationing supplies by means of higher prices, he said.

Slowing output in Indonesia, the top producer, will also tighten the market, Mistry said. Dry weather, fewer palm trees being planted in new areas, and a cutback in the use of fertilizers will result in production growth of just 1 million tons, he said. Output in Malaysia, the No. 2 grower, may drop by 1 million tons in the first half of next year, according to Mistry’s early estimate.

There’s little scope for buyers to switch from palm to rival soft oils as output of soyoil and sunflower oil will only rise slightly next year, Mistry said.

In Mistry’s other forecasts:

Malaysian stockpiles may total 2.5 million tons by December, down from 3.22 million tons a year earlier.
There’s a big opportunity in China, where soybean crushing will drop. It will import less rapeseed oil, and biodiesel demand is significant.
India’s edible oil imports may rise to 16.3 million tons in 2019-20 from 15.6 million tons a year earlier. Palm imports may increase to 9.9 million tons in 2019-20 from 9.5 million.
Global supply of vegetable oils may rise by 3.5 million tons in 2019-20. Palm oil supply may only increase by 2 million tons, compared with 3.5 million tons a year earlier."

[chadders] 31/10/2019 16:33

Still close to the historic low that was set yesterday. So much going for DKL at the moment which is nowhere near reflected in the current valuation. Just my opinion no advice intended dyor etc.

[tradertrev] 31/10/2019 16:02

Wow, share prices can go up as well as down!

[chadders] 31/10/2019 10:51

A bit of activity this morning.

[chadders] 30/10/2019 16:32

$620 now still trending upwards.

[loadsamonay] 29/10/2019 17:32

Wow that's great.

[rivaldo] 29/10/2019 16:02

The CPO price is now up to 16 month highs at $602:

[loadsamonay] 28/10/2019 15:29

Those cashews will give the market something to chew on. :-)

[chadders] 28/10/2019 14:13

Based on H1 performance, breakeven for DKL achieved(£0.1m loss) at average 505 euros per tonne. Currently 530 euros per tonne and a rising trend. A good chance they'll be in profit mode next year, without cashew revenue. NAI etc.

[loadsamonay] 24/10/2019 15:27

yes 573 now. I'm in on the basis that these prices will make a difference.

[chadders] 23/10/2019 13:21

Cpo back to $580