Share Name Share Symbol Market Type Share ISIN Share Description
Dekeloil LSE:DKL London Ordinary Share CY0106502111 ORD EUR0.0003367 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.125p -1.04% 11.875p 11.75p 12.00p 12.00p 11.875p 12.00p 222,458 10:31:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 22.6 1.2 0.0 - 35.15

Dekeloil Share Discussion Threads

Showing 1626 to 1650 of 1650 messages
Chat Pages: 66  65  64  63  62  61  60  59  58  57  56  55  Older
DateSubjectAuthorDiscuss
07/8/2017
11:01
A new interview with the CEO not posted here before: Https://audioboom.com/posts/6143798-lincoln-moore-executive-director-of-dekeloil-dkl-25th-july-2017 He notes: - Ayenouan could be worth in time £100m - Guitry's 50% could be worth fully executed another £100m - DKL are trading at half or less of the multiples of other palm oil companies
rivaldo
04/8/2017
08:48
The next issue of SCSW magazine is out tomorrow - hopefully there'll be a follow-up mention of DKL given three separate pieces of positive news flow in the last month. Beaufort have summarised as follows this morning and retain their 23p target price: "Our View: Current year momentum is being maintained. Thanks to the growing profitability at vertically integrated Ayenouan, the Board has already announced the adoption of a progressive dividend policy and a maiden final payout of 0.17 pence per ordinary share for the year ending 31 December 201. As was also detailed in the Group’s recent half yearly production update, management expects to report a 22.1% increase in product sales, including CPO, Palm Kernel Oil ('PKO') and Palm Kernel Cake ('PKC'), to €18.8 million (H1 2016: €15.4 million) for the first half. This was primarily due to stronger CPO pricing resulting from higher global prices and increased CPO storage capacity at the Project, which enables an improvement in local pricing terms. As a result, H1 2017 EBITDA is expected to be materially higher than H1 2016's EBITDA of €3.1m. 2017 has also seen DekelOil become a multi-project palm oil company following the formal commencement of operations at Guitry, its second project in Cote d'Ivoire. As with Ayenouan, DekelOil is looking to develop Guitry into a vertically integrated palm oil operation including nursery, company-owned estates and a mill producing CPO from fresh fruit bunches grown by both the Company and local smallholders. In addition, the Group also announced that it had entered into discussions to acquire Norpalm Ghana Limited ('NGL'), a subsidiary of Norpalm AS, a Norwegian company which owns a palm oil production company in Western Ghana. NGL is a vertically integrated palm oil owner and operator with approximately 4,000 hectares of mature palm plantations under ownership and a 30 tn/hr mill which processes fresh fruit bunches from its own-operated estates as well as those produced by local smallholders. In addition to the revenues it generates from selling approximately 15,000 tonnes of CPO into the domestic Ghanaian market, NGL also operates a palm kernel oil press which produces approximately 2,000 tn of PKO. There can be no guarantee that these discussions will result in DekelOil acquiring NGL, but they nevertheless demonstrate management’s confidence in its ability to replicate the success already registered. Having proven both its business model and ability to implement it, shareholders should anticipate further progress as DekelOil seeks to transform itself into a leading west African palm oil producer. Indeed, in projecting DekelOil producing as much as £2.7m free cashflow during 2017E, followed by around £6m the year after, Beaufort also expects shareholders to be provided with dividend yields of 1.7% and 2.0% for the two periods. Beaufort considers yesterday’s statement perfectly demonstrates management willingness to move its ambitious planning forward without exposing shareholders to a raised risk profile. With the shares trading on forward earnings multiples of 7.3x and 5.7x respectively, Beaufort retains its Buy recommendation on DekelOil, repeating its price target of 23p/share."
rivaldo
03/8/2017
22:32
Good points Mach100. All looking good though for the med/long term imho..worth hang g on to I reckon
113mike
03/8/2017
22:15
Poleaxe, although they are committed to a progressive dividend and haven't ruled out a special dividend, they do not intend to pay an interim dividend. The share buybacks resolution from the AGM if acted upon might help to tackle the persistent seller who has been weighing on the share price
mach100
03/8/2017
12:49
Yeah - and chuck in a divi. of about .5p and we should be away.
poleaxe
03/8/2017
11:07
Yes, interims were 21 Sept last year..all looking good imho.
113mike
03/8/2017
09:27
Fortunately it's not long until next month's interims - which will likely show €3.43m-€3.5m EBITDA in H1 alone. That should provide a decent catalyst in itself, let alone Norpalm acquisition or Guitry development news.
rivaldo
03/8/2017
08:15
Agree with rivaldo on the very positive AGM statement. "We expect to report a 22.1% increase in product sales, including CPO, Palm Kernel Oil ('PKO') and Palm Kernel Cake ('PKC'), to EUR18.8 million (H1 2016: EUR15.4 million) for the half year to 30 June 2017. This was primarily due to stronger CPO pricing resulting from higher global prices and increased CPO storage capacity at the Project, which enabled the Company to improve local pricing terms. As a result of the record first half sales performance, H1 2017 EBITDA is expected to be materially higher than H1 2016's EBITDA of EUR3.1m." However, this has still not attracted much market attention since the shareprice remains subdued. There needs to be a catalyst to suddenly provide some real momentum to reflect the value metrics here.
masurenguy
03/8/2017
07:35
Yes and I suspect he's giving the market and the insti's a kick up the backside for not supporting the board better than they have A fantastic success story so far and more to come.
chadders
03/8/2017
07:31
All sounds good though and will hang on in there in the hope that the share price finally gets going up soon. Div is nice too!
113mike
03/8/2017
07:29
rns ...agm summary just reconfirming what is already known.
113mike
03/8/2017
07:28
Extremely positive AGM statement today. Note in particular against the £35m m/cap: "As a result of the record first half sales performance, H1 2017 EBITDA is expected to be materially higher than H1 2016's EBITDA of €3.1m." Https://www.investegate.co.uk/dekeloil-plc--dkl-/rns/agm-statement/201708030700039488M/
rivaldo
30/7/2017
12:48
Anyone received any details yet of the script dividend shares?
113mike
26/7/2017
12:13
They keep repeating and reiterating this and the share price keeps doing nothing and I'll keep holding... Oh well, perhaps one day it'll be 23p-ish?
113mike
26/7/2017
11:37
Beaufort Securities retain their Buy and 23p target today on a P/E of 7.3 falling to just 5.7.... "Our View: Offering shareholders an opportunity to capitalise on its valuable and proven management experience! DekelOil’s stated strategy is now to transform itself into a leading West African-focused palm producer. Replicating that already gained from turning Ayenouan into a highly cash generative operation, DekelOil sees the opportunity to move forward its 100%-owned Guitry project as compelling. Indeed, Guitry prospectively has the potential to become a much larger and more profitable operation than Ayenouan. Having proven its first vertically integrated model, the Board is determined to move the concept forward by building a portfolio of other vertically integrated palm oil projects in West Africa. Having established how to de-risk a successful operation, which then plays an important role in the local economy, the business model can attract interest and support potential partners, financing vehicles and banks with regards to providing development capital for Guitry. While it is likely to fund an initial portion of future development from internal cash flow, the majority will likely be obtained by introducing a project partner, in a similar manner to that seen with Ayenouan. While these discussions have commenced with no partner yet selected, this strategy will provide comfort to shareholders who, while applauding the Board’s expansion strategy, do not wish to see the Company’s recently declared progressive dividend strategy impacted. Indeed, in projecting DekelOil producing as much as £2.7m free cashflow during 2017E, followed by around £6m the year after, DekelOil is seen providing shareholders with dividend yields of 1.7% and 2.0% for the two periods, while also rapidly reducing balance sheet debt. Beaufort considers yesterday’s news ideally demonstrates management willingness to move its ambitious planning forward without exposing shareholders to a raised risk profile. With the shares trading on forward earnings multiples of 7.3x and 5.7x respectively, Beaufort retains its Buy recommendation on DekelOil, repeating its price target of 23p/share."
rivaldo
25/7/2017
16:31
I think it may be slightly premature to value that extra production just yet. That's my point. You are right though, a potential suitor will have to take in to account the new project.
shakeypremis
25/7/2017
11:38
That's missing the point - the market will value further operations at Guitry in advance of their actually coming into operation. That's the point of the stock market. Any company investing for the future will have their operations assessed and valued accordingly. DKL is no different. And any potential purchaser of the company - which is likely where this will end up - will certainly take into account such potential.
rivaldo
25/7/2017
08:23
It apparently takes around 3-4 years to grow and palm and have it produce fruit for oil extraction, so the extra production from this project is not going to come in for a long time. It's going to cost money initially with no return.
shakeypremis
25/7/2017
07:18
Yes, great news. Will it be enough to kick start the re rate though?
113mike
25/7/2017
07:15
Excellent news today - Guitry is going ahead and will provide a second production operation. I do like DKL's risk-averse approach in bringing in partners, limiting their own initial funding exposure, getting long tax exemptions etc. And there's this comment: "We believe Guitry in time has the potential to become a much larger and more profitable operation than our successful project in Ayenouan"..... Https://www.investegate.co.uk/dekeloil-plc--dkl-/rns/formal-commencement-of-second-palm-oil-project/201707250700069518L/
rivaldo
20/7/2017
11:00
i warned several times about this management team (going back to rights issue) news only goes to the " the special ones" all other shareholders treated like dirt on their shoes
ntv
19/7/2017
20:57
Been out all day. Just got in. Nice to see a blue day at last! Let's hope it continues! Onwards and upwards?
113mike
19/7/2017
18:02
Thanks for the Beaufort note btw rivaldo.
chadders
19/7/2017
18:01
I'm overweight here but it is such a compelling investment case I'm inclined to add more. Current valuation is ludicrous. No advice intended.
chadders
19/7/2017
11:14
I have added a few more this morning. I've now got a few more than I want but the reaction to yesterday's positive statement was rather odd (and frustrating) so I'm hoping to take advantage. I can understand sell on news if it has been rising prior to the news but sell on positive news when it has already lost 20% from the recent high seems odd.
greenroom78
Chat Pages: 66  65  64  63  62  61  60  59  58  57  56  55  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20170817 01:53:56