Dekel Agri-vision Share Discussion Threads

[keithlorna] 13/1/2020 07:45

Could someone please tell me, is there any history of dividends with Dekel and are we expecting any in the near future

[rivaldo] 12/1/2020 07:39

The Mail's tip is here:



This will attract more attention to DKL - hopefully followed by a Q4 trading update which highlights the effect that the "soaring" CPO prices will have on the company for the forthcoming production high season.

[rimau1] 11/1/2020 21:00

DKL is featured as Daily Mails punt of the week, no new information but helps raise the profile

[mr doughnut1] 11/1/2020 18:54

I think the article neatly summarises why we are all here. Monday could now be interesting.

[jeanesy] 11/1/2020 12:10

Lets hope that bit of news ' punt of the wek' puts this on the radar. Fingers crossed we get some positive news update next week . CPO price up on friday nearing year high.

[cheshire man] 11/1/2020 11:59

Yes mfhmfh I'm keeping my fingers crossed for a positive update soon,,,,all points to it IMV

[cheshire man] 11/1/2020 11:59

Yes mfhmfh I'm keeping my fingers crossed for a positive update soon,,,,all points to it IMV

[cheshire man] 11/1/2020 11:59

Yes mfhmfh I'm keeping my fingers crossed for a positive update soon,,,,all points to it IMV

[chadders] 11/1/2020 10:39

Thanks for that Cheshire Man. Good to see it's appearing on the radar at least.

[mfhmfh] 11/1/2020 10:12

I'm happy there was no RNS yesterday as often companies dump a bad RNS on a Friday.

Hopefully the coming week will have DKL release a positive statement.

[cheshire man] 11/1/2020 09:53

PUNT OF THE WEEK:


Dekel Agri-vision's stock is up almost 50% as the price of palm oil soars


By Daily Mail City & Finance Reporter
Published: 21:51, 10 January 2020 | Updated: 09:41, 11 January 2020


What is it?

An agriculture company that produces palm oil in Ivory Coast, West Africa. It joined AIM in 2013 and is worth £16.3million.
What's the latest?

In December it joined with European renewable energy firm Green Enesys Holdings to develop a solar and biomass plant in Ivory Coast.
A second palm oil plant is under development and a cashew processing facility opens this year.


Who backs it?

Co-founder and chief executive Youval Rasin is the largest shareholder, with a 15.9 per cent holding. Individuals make up many of the top-10 investors.
The Government-backed social impact investor AgDevCo holds 9.7 per cent of shares.

Why should you invest?

Palm oil prices are soaring and have sent Dekel Agri-Vision's stock up almost 50 per cent since the beginning of December.
Its move into cashews and power producing will help it diversify in future.
And why shouldn't you?

Commodity prices can be volatile and if the value of palm oil is hit, Dekel Agri-Vision would likely take a bruising. Developing new projects could be expensive over the coming years.

[celeritas] 10/1/2020 11:37

Anytime next week is likely.

[rivaldo] 10/1/2020 10:50

Some (mainly on LSE) were apparently expecting a production update this morning - and it seems there were a few here for a trade so have had to exit. Seems a very risky strategy and a waste of time and adrenaline to me. Especially when the outlook seems so good.

An update is certainly due, but could be any day now, being on the 10th, 16th and 17th January in prior years. My bet is on Monday morning, which would be ideal to maximise reaction over the coming week assuming the outlook is as favourable as the current booming CPO prices would indicate.

[74tom] 09/1/2020 14:46

Yep, and given how illiquid it is you definitely don’t want to be trying to buy tomorrow morning! A positive update should see a nice gap up in open you would imagine...

[celeritas] 09/1/2020 14:38

Bloody difficult buying any today, nothing online with my limit buy seemingly stuck.

[mach100] 09/1/2020 12:29

Hi Hrvy88 AS I said DKL have a complicated pricing structure. They for example sell fertiliser to smallholders at a subsidised rate in return for exclusivity of supply. Your question of integrated farms and mills is the age old in-house v outsourcing question tow hich there is no one good single answer. However DKL's model is to work with a lot of smallholders in the region as opposed to dealing with a large supplier or moving supply in-house.
Tomorrow's production update should be interesting and as we move from low season and into their high-season from January 2020 which makes the outlook pretty important.

[rivaldo] 08/1/2020 08:09

The CPO price chart has been further updated to Monday, showing a further rise to $865:

[hrvey8888] 07/1/2020 18:20

Thx. So for the remaining 95% DKL purchases at local price for ffb and sells the cpo using the formula you mentioned. So it's cost of FFB, cost of mill and other overhead plugged into CPO price. Is milling a good business? Wouldn't integrated farms and mills do better?

[chadders] 07/1/2020 16:50

Thanks rivaldo. That's a rise of $400 per tonne since Jan 2019 (reaholdings numbers).

[celeritas] 07/1/2020 15:21

Just looked at that earlier but it wasn't updated, quite a jump, cheers.

[rivaldo] 07/1/2020 14:15

The REA palm oil price chart showed $786 on December 18th - it's finally been updated today and now shows $860 as at December 30th and going up like a rocket!

[pugugly] 07/1/2020 13:47

Could be some sort term proit taking by those who bought at the beginning of October- Some 80% odd profit might be deemed wothwhile after Christmas expenses.

[mach100] 07/1/2020 10:25

Hrvy8888 It takes some time for current prices to feed through. Local prices of CPO for DKL are roughly based on the average CPO price over the past month of CIF Rotterdam.Their own plantations only account for 5% of supply.