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
  0.00 0.0% 3.30 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
3.20 3.40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 31.44 0.77 18
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 3.30 GBX

Dekel Agri-vision (DKL) Latest News

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Dekel Agri-vision (DKL) Discussions and Chat

Dekel Agri-vision Forums and Chat

Date Time Title Posts
23/6/202207:34DKL with Charts & News2,556
28/3/200609:54DKL can we have some more sellers please!!127
26/8/200315:34DKL...Lets start a new thread shall we89

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Dekel Agri-vision (DKL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-06-29 13:56:353.40293,7669,988.04O
2022-06-29 09:04:003.40120,0004,074.60O
2022-06-29 07:29:333.20100,0003,200.10O
2022-06-29 07:03:133.3024,062794.05O
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Dekel Agri-vision (DKL) Top Chat Posts

Dekel Agri-vision Daily Update: Dekel Agri-vision Plc is listed in the Food Producers sector of the London Stock Exchange with ticker DKL. The last closing price for Dekel Agri-vision was 3.30p.
Dekel Agri-vision Plc has a 4 week average price of 3.05p and a 12 week average price of 3.05p.
The 1 year high share price is 6.58p while the 1 year low share price is currently 3.05p.
There are currently 537,098,441 shares in issue and the average daily traded volume is 733,882 shares. The market capitalisation of Dekel Agri-vision Plc is £17,724,248.55.
rivaldo: WH Ireland's note today has this to say - presumably target prices and full forecasts will follow soon, perhaps after the interims: Https:// "Dekel Agri-Vision (DKL) – Corporate – Monthly update – strong pricing and major cashew project now close to completion DKL operates a market-leading sustainable palm oil processing business alongside a nascent cashew processing operation which is currently positioned to move into a strong production phase. This morning’s update highlights continuing very strong Crude Palm Oil prices achieved by DKL, with the April CPO at €1,061 per tonne up 32% YoY, while Palm Kernel Oil (PKO) has surged by as much as 72.8% YoY. As anticipated when the company reported two months ago, CPO volumes were weak last month (a regional feature). With ripening delayed by recent subdued rainfall, there is optimism that monthly FFB volumes will lift in the coming two months, assuming improvements on this front. In any case, the impressive pricing results, combined with an excellent outcome in the month on CPO conversion (22.5%, up from 21.4% last year), mean that the company’s expectations remain well-underpinned, with the pricing / volume offset set to generate a supportive set of H1 results. In terms of cashews, DKL looks to be making good progress now, with the prospect of cashew production starting in earnest in the coming months (production expected to increase to >50% of capacity in the next 5 weeks). Côte d’Ivoire is one of the largest producers of raw cashew nuts in the world, accounting for approaching 20% of global production and a top 2 global producer. Processing of raw cashews is mostly done elsewhere, creating a significant opportunity for DKL to capture a higher value added component of the supply chain, while also reaping rewards from lower transport costs. In the first instance we expect DKL to process 10,000-15,000 tonnes of cashews at the new, largescale plant at Tiebissou, located in central Côte d’Ivoire (the heart of the country’s cashew-growing area, and close to the capital). Further down the line, this is expected to increase to 30,000 tonnes (2-3 years). WHI view: It is encouraging to see that the company expects a “strong” set of H1 results notwithstanding the weakness in CPO volumes in recent months, and the significant increase in prices certainly supports this view. We also note that the local price of CPO has started to lift alongside the international price (+7.5%), a major positive given DKL’s roster of local sales. Cashew production close to the ramp-up phase means that the company is heading shortly for a major strategic breakthrough. We view the two businesses together as highly complementary given the volume / pricing characteristics of cashew processing, and would underline that (1) the new strand to the business means that this is becoming a much larger company, generating more significant sales and profits, and (2) the global situation is highly supportive in terms of pricing for vegetable oils of any kind as a result of the war in Ukraine, with the Black Sea region producing the majority (c.70%) of the world’s sunflower oil. We have no formal forecasts in the market; but are encouraged by today’s update, which suggests that the company is on the threshold of a new growth trajectory."
rivaldo: Michael Taylor writes for the IC, and has his own Shifting Shares web site and monthly newsletter. Just noticed that his March newsletter had DKL as one of its three stock ideas: Https:// "Dekel Agrivision (DKL) Dekel Agrivision has featured in Buy The Breakout before. But the buy case has now materially changed and the stock is right below resistance. Therefore, I’m including it again so it’s on your radar. I’m long this stock having bought last week, and the reason for this trade is simple. CPO prices. These are pushing close to €1,800 – double Arden’s forecast for the year of €900. With prices starting at €1,242 in the year my belief is that Dekel Agrivision is on track to beat these forecasts comfortably. It’s true that the international CPO price is not the price that DKL gets. However, the drivers for palm oil are clear. The lack of sunflower oil supply from Ukraine has sent buyers to panic buying palm oil instead. And even though the CPO market is almost 4x bigger than the ~$18.5 bn a year sunflower market – the key is that 75% of the world’s supply comes from Ukraine. That means there is now a huge deficit in the market. This is Economics 101. Supply and demand. When supply tightens, demand must increase. Dekel is already trading on an expected EV/EBITDA of 4.8. It’s growing, and the chart is now backtesting a breakout. Basically, we’ve had a year of consolidation for the placing to digest. Anyone who took the placing and wanted to sell has had plenty of time to do so. Plus, there was a record volume day last week and the number of shares swapping hands is still high. I am long and hopeful we see a breakout and a trend begin. I could be wrong, but with the stock being cheap and there now being a material driver I think the risk/reward strongly favours the upside."
rivaldo: Nice series of tweets from the influential investor/analyst Miles McNulty this morning: Https:// "Despite #DKL's CPO production being down 41% YoY in February due to an "unusually late high season", the company still generated an increase in revenues YoY - €4.2m in Feb. '22, as opposed to €4.1m in Feb. '21. This is as a result of large price increases in CPO and palm kernel oil, higher extraction rates, and astute use of storage. #DKL is looking to sell into international markets to capture some of the all-time-high CPO prices of €1,700/t. Cashew nut processing plant: final items of machinery to be delivered next month. Once ramped it, it should add circa €13m in revenue to #DKL's topline. Next year, this will increase to circa €20m (no additional capex - just an increase in work shifts by 50%). Overall - a slow individual month for @DekelAgriVision owing to raw materials not being ready for processing yet (completely outside of Co's control - and major revs are simply delayed into later in the year, not cancelled), but operations and the macro-environment looking extremely healthy. #DKL currently trading on a 2022 PER of 7x - but that's using an average realized price of €900/t. If CPO prices remain elevated (and it looks like they will ⬇️), #DKL is going to obliterate market forecasts of €10m EBITDA in 2022. Revs in first 2 months of year already up 26% YoY, at €7.9m v. €6.2m."
rodney101: All time high share price 18pAll time low share price 2pCurrent share price 5.70pPlam oil up over 100% and this bill run in palm oil has not yet reflected in the share price :Hw long Not long This Thursday
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
smithie6: Pardon me for being negative But for me I have doubts about the "3" exec. dirs. Yes there are 3 ! They bought 2 million worth of raw cashews, 2 million € ? When they did not have the equipment to process it !. Hopefully it does not dry out or get mouldy & get thrown away. And originally they tried to sell the cashew nut idea/venture to DKL (with no machines !!) for 18 million !! In 2018-19. And the terms were disgraceful imo. If the venture grew then 4 years later the price would be calculated again & be higher ! Later the price was reduced to 6 million. They bought it from a company they (the 2 founders of DKL) were shareholders in. What did DKL get for 6 million ? No one knows imo. Just the idea to process cashew nuts ??!! Clearly no production machines ! ----- Why is price weak this morning ? Perhaps due to extension of the delays for the cashew nut venture. Extension of 1 year on 1 loan. And due to a material amount of expected '21 production/sales of palm products being moved in to 2022. Forcing shareholders to wait longer to hopefully see good results, & holders probably expected it to be for 2021.
rivaldo: Hi Harry - nice long-term uptrend on the chart here though, still in place. There'll be another monthly CPO update out next week, and there will also be monthly cashew updates, so plenty to look forward to. The market will catch on, and before it does this is an opportunity imo. OT : yep, I still hold GAN. The long-term opportunity is massive, and I believe Smurfit will deliver. Just wish I'd sold at the top, but hey ho! I don't post much there as it's pointless whilst the share price stagnates - news flow on revenues and deals will get the share price moving.
rivaldo: Very interesting post elsewhere from Peterson FYI: "Just to add that MP Evans regularly trades on an EV/EBITDA multiple north of 15x. Based on today's share price and taking Arden's forecast '22 EBITDA figure would imply a forward EV/EBITDA figure of 6.5x for DKL. Safe to say that if prices stay high and they deliver on cashew then this share price should be going a lot higher. Arden are right. c. 10p on a 12 month view? Why not? In addition to the pure P&L figures there should be the added stimulus from the perceived decrease in risk around DKL i.e. they are finally delivering, they will no longer be reliant on one commodity, etc. And that's before any ability to pay down its not insubstantial debts is factored in. Right now half the Enterprise Value of c. EUR60m is made up of (relatively expensive) debt. To the extent that surplus cash flow could be used to pay this down I would argue it would give a more than 1 for 1 boost to market cap based on lower interest cost (higher EPS) and decreased risk (lower risk of financial stress). Personally I'm surprised that the share price has not gone up more taking all this into account. I guess just shows once lost how difficult Mr Market's trust is to regain. All that said it's hard not to be optimistic on a 12 month view"
rivaldo: This is good news 2dvm. That will have been a worked sell over the last few sessions - this indicates that the seller has now completed his trade. With this out of the way - which overhang has probably been holding the share price back - the share price might just progress upwards more easily with any further buying after today's excellent update.
chadders: 2magpies I don't have or use twitter but thanks for the suggestion. ROYALALBERT a nice idea but these new projects take up a massive amount of management time and resource. Also judging by the Cashew project impact on the share price they hold back investors who wait for project completion. Without Cashews muddying the water for the last year at least the share price would be much higher than now in my view. The last time the CPO business was performing like it is now the share price was 17p. At the end of last year the share price was 6p it's down significantly since then in spite of spectacular regular monthly updates on CPO performance. The perception seems to be that DKL is all about the Cashew project. Broker upgrades have had no effect because the Cashew production holy grail isn't ready yet. It's been a proper buying opportunity mind you!
Dekel Agri-vision share price data is direct from the London Stock Exchange
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