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DKL Dekel Agri-vision Plc

1.95
0.05 (2.63%)
Last Updated: 08:00:10
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dekel Agri-vision Plc LSE:DKL London Ordinary Share CY0106502111 ORD EUR0.0003367 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.05 2.63% 1.95 0.00 08:00:10
Bid Price Offer Price High Price Low Price Open Price
1.90 2.00 1.95 1.90 1.95
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Veg Oil Mills,ex Corn & Oth EUR 31.21M EUR -833k EUR -0.0015 -12.67 10.63M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.95 GBX

Dekel Agri-vision (DKL) Latest News

Dekel Agri-vision (DKL) Discussions and Chat

Dekel Agri-vision Forums and Chat

Date Time Title Posts
27/11/202321:36DKL with Charts & News2,940
18/1/201611:27DEKELOIL - PALM OIL FROM THE IVORY COAST750
28/3/200608:54DKL can we have some more sellers please!!127
26/8/200314:34DKL...Lets start a new thread shall we89

Add a New Thread

Dekel Agri-vision (DKL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-11-27 16:35:151.9046,514883.77UT
2023-11-27 11:41:221.90750,00014,250.00O
2023-11-27 10:33:291.90666,66712,666.67O
2023-11-27 09:13:261.97100,0001,970.00O

Dekel Agri-vision (DKL) Top Chat Posts

Top Posts
Posted at 28/11/2023 08:20 by Dekel Agri-vision Daily Update
Dekel Agri-vision Plc is listed in the Veg Oil Mills,ex Corn & Oth sector of the London Stock Exchange with ticker DKL. The last closing price for Dekel Agri-vision was 1.90p.
Dekel Agri-vision currently has 559,404,153 shares in issue. The market capitalisation of Dekel Agri-vision is £10,628,679.
Dekel Agri-vision has a price to earnings ratio (PE ratio) of -12.67.
This morning DKL shares opened at 1.95p
Posted at 16/11/2023 12:11 by 2magpies
harry

Indeed.

No one believes WHI, it would seem.

Or else they would be piling in at sub 2p, surely?

By now DKL should have been making profit, to such an extent, that even dividend payments would have been possible.

Could be, imo, a combination of incompetence, ignorance, complacency ...... or, well...just add your own word.........

Bottom line is the share price has crashed.
Posted at 16/11/2023 11:30 by 2magpies
read the previous posts, re previous RNSs.

DKL has repeatedly blamed this or that delay/hitch/non-delivery/prices high/prices low/bumper crop/bad harvest

But, they always say it's going to get better .. but always tomorrow.

Just look at the share price

Market has stopped believing them it would seem.

Best not to 'fall in love' with a stock, eh!
Posted at 16/11/2023 08:27 by rivaldo
Looks like someone dumped 580,000 shares at 1.935p, which in an illiquid stock like DKL may account for the price weakness in recent days whilst the MMs attempted to get rid of the stock?

Which is ironic, since the CPO price has been on an upwards tear this week - it's increased to $955 as of Tuesday, up from $875 at the end of October.

Hopefully giving DKL a double whammy of rising CPO production and higher prices for November.
Posted at 14/11/2023 12:57 by royalalbert
Market Cap at present seems to not include anything for cashews, once sorted material improvement in share price.
Posted at 10/11/2023 09:43 by rivaldo
WH Ireland's note last month forecast €4.7m EBITDA this year, up from €2.7m last year.

After interest on the debt this translates to €0.7m PBT, which is forecast to rise to €1.5m PBT next year. This against the £12.6m m/cap.

Of course PBT is being held back this year by cashew development costs, so the core CPO business is actually much more profitable.

So the answer is yes, DKL are making profits. There's no capacity for dividends yet since cashew development and debt repayment are far more important.

The problems are obvious as regards (1) the delays re the cashew ramp up and (2) CPO pricing and production volatility, which cashews should help even out as they're year round.

Nevertheless, if and when cashews finally take off - which seems imminent - then the current share price should prove to be extremely cheap.
Posted at 10/10/2023 06:39 by jpuff
Trouble is the share price doesn't budge up, so what's wrong here?
Posted at 15/6/2023 07:52 by akebono42
Been lurking on here for many years and am a long time holder of DKL. Certainly remember the heady days of double digit share prices and a dividend!Which leads to my thought on the share price. Think realistically until shareholders start to see returns in the form of dividends or even share buybacks, I don't think these shares will move much. I tend to think the barrier is around the 6p mark due to DKL using that level when issuing new shares to buy assets.The other challenge on the horizon I was thinking about recently is the El Nino weather event, which can bring drought conditions to West Africa. So will be interesting to see how that might impact future production in the next two or three years.
Posted at 22/3/2023 12:44 by rivaldo
Cheers - the share price is certainly doing a lot better now :o))

WH Ireland restated their 9.5p fair value target after the recent update. They also forecast 0.5c EPS this year rising to 0.9c next year.

Here's some extracts:

"Recovery in palm oil production volumes as company enters high season

Today’s monthly production update from DKL highlights a recovery in palm oil volumes following a weaker start to the year, with strong pricing and conversion rates continuing to drive healthy margins. Overall volumes for February remained low compared to FY22; however, early indications in March point towards a material increase in FFB yields, with volumes currently ahead of March last year and well ahead of the previous month. While it remains too early to draw any conclusions on full year production, with CPO pricing still well over €900/tonne, a material increase in volumes over last year should deliver a strong financial performance in the palm oil business for FY23. In the cashew business, the project continues to progress positively, with further uplifts in daily production figures and strong
feedback from buyers in the US and Europe regarding the quality of the cashew product. Looking forward, DKL remains well placed, with a growing and cash generative contribution from its cashew operation and favourable pricing in the CPO market combining with improving volumes."

"FY23E forecasts well underpinned

Our FY23 forecast for the cashew business is premised on conservative assumptions for cashew production and pricing, which we believe are now well underpinned. Once in full operation, we expect the cashew project to contribute over €12m of revenue in FY23, with strong positive cash flows and potential for over €24m p.a. in the
longer term at 25%-plus gross margins.

• Forecasts / Valuation

Notwithstanding strong prospects as an increasingly diversified and significantly larger business, DKL’s shares have underperformed since the start of the year, with
the company now trading on P/E multiples of just 4.8x and 2.6x for FY23 and FY24 respectively. While, inevitably, uncertainty remains around palm oil volumes and pricing, the business is both more broadly based and, by today’s evidence, performing increasingly strongly. As such, it is well positioned to reduce its debt balance as it becomes increasingly cash-generative. We retain our 9.5p fair value assessment (see our initiation note : DKL Note)."
Posted at 23/2/2023 13:28 by smithie6
I see that the share price has not done well.

The purchase of the remaining 30% in the cashew project, am I correct that the Israeli dirs were shareholders in that 30% being bought ? (I'm sure that is the case).

The RNS makes no mention of it.

& I recall the 'shenanigans' for the original purchase of the 70%, again with the current Israeli DKL dirs being shareholders in the company selling (very strange or dodgy imp).
The price started off very high but was later reduced. And the initial contract included a condition that if things went well that the price would then be re-visited & increased. Unbelievable but true.

DKL have put up the capital for the machinery & building...
...& yet the Israeli dirs still didn't want to keep their stakes in the 30% (which is loss making) & I assume the part of DKL doing the acquiring holds a fair chunk of debt, to pay for machines, building, past losses etc.

Interesting.

-----
in '24 or '25 will they phps sell another co. to DKL, from themselves ?
maize, almonds, mangos......again loss making ?
yet more debt for DKL but cash for the dirs !!?
Posted at 07/3/2022 15:36 by rodney101
Expecting a bombastic update on ThursdayCrude palm oil trading at an all time high and DKL share price near all time lows. You don't have to be rocket scientist to figure this one out
Dekel Agri-vision share price data is direct from the London Stock Exchange

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