Dekel Agri-vision Share Discussion Threads

[mr doughnut1] 28/3/2020 08:24

Last year Q1 production update was on the 9th of April so I am expecting something similar this year.
AIMO - I am a big fan of NED share purchases and Mr. Aristide is definitely putting his money where his mouth is, now up to 423,895,851 representing 5.02% of all shares in circulation. Such a knowledgeable and experienced individual wouldn’t have kept buying in the current climate if he couldn’t see a bright future for DKL.
I would like to see LM add to his holding, doesn’t have to be a big purchase, but would give investors yet more confidence in co.
Hope every one on the thread is well given current climate.

[chadders] 27/3/2020 14:16

Topped up, Q1 should benefit from the earlier record prices in my view. No advice intended.

[rivaldo] 27/3/2020 13:48

Interesting to see the palm oil price moving back up. It's certainly still materially ahead of this time last year even with its drop from recent highs.

Obviously demand will have reduced given the economic slowdown, though food and healthcare product sales should remain high. However, Malaysia is on lockdown and Indonesia may follow suit. If DKL can keep trading through this then they may benefit from supply constraints which keep palm oil prices at pretty decent levels.

[chadders] 25/3/2020 09:49

A couple of weeks away from Q1 update. Hopefully we should see the positive impact of the CPO price rising from the doldrums. Update on cashews would be good as well.

[cheshire man] 19/3/2020 16:26

Dekel Agri-Vision
@DekelAgriVision
·
1h
DekelOil Financial overview:

Small blue diamond3.5% increase in revenue to €14.6m

Small blue diamondGross margin improved to 15.4%

Small blue diamond6.3% decrease admin expenses

Small blue diamond29.3% increase in EBITDA

Small blue diamondNet loss of €0.1m

Small blue diamondPalm oil prices begin to strengthen and are optimistic prices will continue to rise

[rivaldo] 16/3/2020 07:42

Great to see our new 5% shareholder being appointed to the Board - he's an impressive guy:



"Over the last 20 years Aristide has held senior positions in the commodity and derivative trading divisions at Citadel, British Petroleum, JP Morgan and Goldman Sachs. A native of Côte d'Ivoire, Aristide and his family have been involved in rubber plantations and processing operations in the country for over 40 years. Aristide grew up in both France and Côte d'Ivoire and after graduating from the leading aerospace engineering school in France, he moved to the US where he obtained a Master of Science at MIT and received a PhD in Applied Statistics from Johns Hopkins University. Additionally, he holds an MBA from the Wharton Business School, with a focus on Finance and Operational Management of Corporations.

Commenting on Aris' appointment, Lincoln Moore, executive director, said: "We are delighted to welcome Aris to the Board. With extensive experience working in Côte d'Ivoire, and a raft of industry knowledge trading commodities spanning over 20 years, Aris's appointment will benefit the Company significantly as we work towards advancing and growing our diverse portfolio of agriculture projects."

[rivaldo] 13/3/2020 10:40

Aristide Achybrou remains very keen - he's bought around another 700,000 shares and now has over 5%, with 21.3m shares:

[rivaldo] 09/3/2020 07:44

Good to see Aristide Achybrou continuing to buy here. He's now up to 4.87%, or 20.64m shares:



Aristide Achybrou is a Director of Citadel, one of the largest hedge funds in the world with Investment capital of around $32 billion. And here he is investing personally in little ol' DKL.

[cheshire man] 09/3/2020 07:37

Aristide Achybrou 4.87%

[keithlorna] 06/3/2020 08:16

Cheers PUGULYThanks for not stating the obvious:-)

[pugugly] 06/3/2020 07:19

Could be this - A bit of a curate'e egg from REA this morning


Might be good long term but if similar reduction in fertiliser use and low prices apply then potentially significant short term hit still possible
"Since January 2020, the CPO price has weakened to an extent in the wake of the coronavirus but the fundamentals of supply and demand should, over time, outweigh the negative impact of the virus (should this continue). CPO stock levels are expected to fall to a four year low in 2019/20. The impact of reduced fertiliser applications by some producers in response to the CPO price weakness has yet to be felt. "

So there you have it - BULLISH or BEARISH- Cannot make up my mind - but with COVID19 yet to hit Africa probably tending towards the BEAR case.

[martinc] 05/3/2020 17:23

Possibly because the stockmarket has give down quite a lot recently and people are worried it might drop more. At the risk of stating the obvious.

[keithlorna] 05/3/2020 15:21

Is there a good reason why everyone seems to be selling their Dekel shares. Am I missing something. Please tell me

[cheshire man] 05/3/2020 10:03

Dekel Agri-Vision

@DekelAgriVision
·
8m


PalmOil supply is limited by lack of land availability in traditional growing countries

International palm oil majors currently entering or expanding in West Africa

Ivory Coast is the second largest West African palm oil producer and West Africa’s only net exporter

[mr doughnut1] 01/3/2020 09:02

More tweets from DKL
‘25/09 Interims
Financial overview
3.5% increase in revenue to €14.6m
Gross margin improved to 15.4%
6.3% decrease admin expenses
29.3 increase in EBITDA
Net loss of €0.1m
Palm oil prices begin to strengthen and are optimistic prices will rise.’

There has been a softening of CPO prices from the recent highs, see above link to rea website.
I am sure there is an element of ship steadying in these tweets after last weeks global sell off. Let’s see what happens next week.

[mr doughnut1] 19/2/2020 20:04

DKL have been ramping up the tweets in the last couple of days.
Today tweeted key shareholders, nothing new but I thought I would list them. For me it’s the last two that are the most interesting. All together they account for 61.96 percent of all stock.
Youval Rasin 15.89
Milton Group plc 11.83
AgDevco Ltd. 9.72
Biopalm Energy. 8.36
Yossi Inbar. 3.73
Shai Kol. 6.51
Aristide Achy Brou 4.75
Lincoln Moore. 1.17

[chadders] 13/2/2020 15:07

Back to $775 at the moment.

[chadders] 11/2/2020 09:14

CPO up to $820

[mfhmfh] 07/2/2020 15:19

Ivory Coast had lots or rain according to the last RNS - should set DKL up nicely for this year.

[rivaldo] 07/2/2020 14:28

The CPO price is back up at $795.

And this morning REA Holdings issued a trading update including this re CPO prices:



"The long awaited rally in CPO prices, which followed a prolonged period of price weakness, reflected continuing growth in demand for vegetable oils with a fall off in the rate of growth in supply. CPO stock levels are expected to fall to a four year low in 2019/20 and this is likely at least to support current price levels. The impact of reduced fertiliser applications by some producers in response to the CPO price weakness has yet to be felt. Also, many oil palm producers are reporting rainfall deficits in the second half of 2019 which may impact 2020 production."

[rivaldo] 05/2/2020 08:56

The CPO price was stable at $770 as of Monday. That's still 40%-50% above prices only three months ago and of a year ago, and well above the historical $725 average selling price.....

This excellent article posted by Leoboy above is well worth reading:

[jeanesy] 02/2/2020 19:09

CPO prices have taken a tumble over the last week or so.

[burtond1] 02/2/2020 14:43

In a new feature series we start to review companies that have made the news in the last week or so......So, we kick off this week by covering #BLOE #DKL #ZEN #GEO #UJO #JAN and #HMI including the excellent video produced by @CruxInvestor https://total-market-solutions.com/2020/02/02/news-round-review/