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I struggle to see value here also, they have sold the UK operations to Ricoh and mainly focus on the US market that is facing recession so the IT/service sector is always the first to suffer. Although the traditional copier market is holding its own in total sales the profitability is rapidly diminishing across the board. I cannot see any upside in the short term (as usual DYOR, my opinion only, after 20 years in the industry)
this share will only go to 7p if it is worth 7p. i seriously cant see that happening anytime soon for this loss making company. look at the general trend over 5 yrs, it is crap. this is still a very risky share and in my opnion more risk than actual gain, there are alot more better oppurtunities, i suggest you do not dump anymore in. i think smiler is still pulling you on with this share, notice how he is ramping this board now http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ADNK.L&threshold=0&it=le&pageno=1
there arent enough shares being traded and its just a matter of time before it does go up. I wish I could get in on it now, but the rest of my money was put in awhile back. I want 7p atleast.
I'll risk missing the boat on this one, It's only a hunch but i feel there may be more to come off these yet. Appoligies to DNK holders everywhere for that last comment!!!
They are definitely undervalued now, but when a rise will come is anyone's guess! Big gains and losses at these prices...
These are starting to look cheap
this hasnt moved upwards since smiler stopped ramping
Hope this turns and starts to rise soon... getting a little low for my liking
Well, I wanted a quick profit on this one, and I know now that I will have to wait for that 7p mark. It will come, its when.
IMO the spread has been set to discourage the day traders on this share.take them out of the equation and you start to get the true value of the share,which, as always is what anyone is willing to pay for it at any given point in time.Moving on logically from there then, this share will only attract buyers at the much vaunted 7p figure if there is good reason to.That, as stated in a previous post will happen when the restructuring measures put in place by Mr Frazer show a positive impact,and announced in the trading update.I still belive with a guy like Fraser in charge there is good money to made on this share for people buying in at the present price,but understanding the timescale for the rewards to materialise.
This keeps dropping, any ideas why, or when it'll turn?
with a 21% difference in the buy/sell price,if the the MM's are not careful it could put people off buying this share!!!!!!.
will probably just get past the 3.0p mark tommorow.Frazier stated in the last trading update that the benefit from restructuing measures will not kick in until the fourth quarter of 2008 earliest. would'nt hold out much hope for the much talked about figure of 7p until this time next year.speak to y'all again on this one then.
Should be a rise tomorrow after the rise on the otcbb.com
These never came back. also recommendation.
Your right but this share is worth around the 7p - 8p it will take time.. all shares that have crashed will take time. Some people like to take risks and this share is a risk. The returns are huge, and the loss's are.
smiler23 was trying to ramp this share up to 7p if im correct. notice what has happened now to people who listened to him at the 3.5 - 4.5 range, they are now sitting on a large loss. Just because people recommend shares, it doesnt mean you should jump straight in. you need to do your own research. ive seen alot of this happen on these boards where people jump in on recommendations. well its their bad luck because they are the ones stupid enough to do it and now sit on a large loss. common examples include this, SOLG @ 40p range, ERG, RNSM, WNG and loads more.
Lost cause?
he posted on sds today.
Well, I thought the info given by them 'both' MR S and S on the 'plusmarkets' web site was ok. However, there are deals on that web site which still never hit the LSE site...........Hmmmmmmm. I know which one i trust!!!! But on the whole i'm as disappointed that he seems to have gone!!! (for what it is worth) I think DNK is worth holding on to so keep the faith and Good luck. Regards Izzy
no he has been posting on other shares
why is this dropping so much im down 40% on this and down 50% on solg....not having a good time right now haha.
Apolodgies .... I got shares in this sad stock aswell !!!
ERG invasion =)
Could the price be up on open tomorrow ?? Erinaceous Group PLC 20 December 2007 A second Price Monitoring Extension has been activated in this security. A second Price Monitoring Extension is activated when the auction matching process would still result in an auction price that is a pre-determined percentage above or below the base price. The auction call period is extended for a further 5 minutes. For details of how base prices are set for each market, please refer to the Guide to Trading Service at www.londonstockexchange.com