Dekel Agri-vision Share Discussion Threads

[chadders] 18/6/2020 18:49

Thanks for that rivaldo. At the same time DKL share price was 25% higher than it is now. The vagaries of the small caps market...

[rivaldo] 18/6/2020 13:21

The CPO price is now up to $605 - a year ago it was $494...

[chadders] 17/6/2020 14:15

I suspect not long to wait for the H1 update as it was 3rd July last year. Much better CPO prices currently than last year, so it will be interesting especially as the business has been little affected by the COVID crisis. An update on cashews would also be welcome.

[leoboy] 12/6/2020 10:44

it could be amazing what we would do with a few cashew trees :

[outlawinvestor] 11/6/2020 08:40

Trading update from RE. Helpful to note that their CPO extraction rates are at similar levels to DKL. Same story on pricing. Snippet on outlook for production growth and prices below.

Over time, low levels of replanting and little new planting in Indonesia will result in slower production growth of CPO and CPKO boding well for future prices as demand increases and stocks diminish. The directors, therefore, look forward to a more positive outlook as cash flows improve.

[rivaldo] 10/6/2020 14:19

:o)) Well, it was at the time! That's small caps for you - one trade and things turn on a sixpence.....

[lyceeuk] 10/6/2020 14:06

rivoldo 1301
no its not

[rivaldo] 10/6/2020 13:06

Moving up now after a nice 466,000 share buy followed by another 100,000 buy.

[chadders] 10/6/2020 10:01

Added a few more on the back of the positive update.

[chadders] 10/6/2020 09:47

Agreed rivaldo, and good to see yields approaching record levels.

[rivaldo] 10/6/2020 07:27

Two lots of good news today.

Firstly, it's great to see a more heavyweight broker being appointed as joint broker in Arden, who will get the message out more effectively.

Secondly, May's production release is encouraging. Another profitable month, with higher sales, quality and pricing offsetting lower production for the month following strong production in March and April.

And stock levels are "much higher" than last year, so DKL will be able to take advantage of the currently rising CPO prices.

Plus cashew production remains on course for H1 next year.

[chadders] 08/6/2020 16:28

Interesting release from MP Evan's, production up prices up and little COVID impact. DKL should be well set for a much better H1 in my view NAI.

[outlawinvestor] 05/6/2020 07:24

Snippet on CPO prices from MPE's trading update today:

The average price of CPO (cif Rotterdam) for the first five months of the year was US$659 per tonne, significantly higher than the US$533 per tonne during the equivalent period in 2019 as a result of the strong start to the year before the emergence of Covid-19 bore down on prices. In the period to the end of May 2020, the Group realised an average price at mill gate of US$550 per tonne compared with US$475 per tonne in 2019. Prices for palm kernels have also weakened during 2020, averaging US$310 per tonne (mill gate), but still higher than the US$267 per tonne in 2019. Since the middle of May, the CPO price cif Rotterdam, whilst continuing to fluctuate, has strengthened to around US$600.

[chadders] 04/6/2020 10:11

rivaldo, confirmation of your post 1292.

[chadders] 03/6/2020 13:25

OutlawInvestor, link working fine for me, thanks

[outlawinvestor] 03/6/2020 12:29

Yep, weekly futures chart looks very bullish with decent volumes.

--edit--
Can't seem to display an image! ADVFN doesn't like my HTML!!

[rivaldo] 03/6/2020 12:16

Apparently the CPO price is now up to $610 - this time last year it was $503.

[chadders] 02/6/2020 17:08

Finally on the turn.



Q2/H1 update in a month or so and fingers crossed we might start to move out of the doldrums. NAI

[shauney2] 02/6/2020 14:28

Loving the chart Rivaldo.It's a double boob formation.

[rivaldo] 02/6/2020 13:56

Up again, and new recent highs now with CPO prices still rising nicely.

[cheshire man] 01/6/2020 09:28

Dekel Agri-Vision
@DekelAgriVision
Palm oil set to clock biggest monthly jump this year

Read more at:


#DKL #PalmOil
9:26 AM · Jun 1, 2020·SocialPilot.co

[chadders] 29/5/2020 15:12

Yes bodes well methinks. Hopefully Q2 update will be positive when it comes.

[rivaldo] 29/5/2020 14:38

....and another 500,000 share buy at 2,4p just reported.

[rivaldo] 29/5/2020 14:21

Nice 500,000 share buy at 2.41p just now. And the CPO price is rising nicely - back up to $570 as of Wednesday.