Dekel Agri Share Price (DKL)

Yes Harchris they aren't the type to throw their money down the drain. Now our money, well, that's a different matter.

See for me DKL are at a very critical juncture, and have been for the past few months. What with the palm oil business being profitable, the indebtedness and the market backdrop what comes next is either capitulation (and we're talking 0.5p) or a rerate to a higher level (perhaps 3p). If the cashew operation doesn't start pulling its weight or the CPO is unable to carry the whole business and funding is therefore needed to service debt then it's coming at the steepest of discounts, in a dilution to oblivion type scenario. However if a clear turnaround is seen and DKL are capable of self funding their way from this point onwards then a £20m+ mcap / 3.5p a share is easily achievable.

I don't think these directors are the types to toss their cash down the drain hence my optimism increasing following these recent purchases.

At least Stockopedia don't have this listed as a "Sucker Stock", defined as: "These tend to be small cap, loss-making, jam-tomorrow, story stocks that are in the process of losing the market's faith. You can be pretty sure that a stock like this comes with a really promising idea … and an emergency fund raising just around the corner. Give these a wide berth… or use a bargepole."

That sounds vaguely familiar.

Instead, they have us down as a "Value Trap".

I like that we finally have date for the machines to arrive. From there there are no excuses, company must deliver. As for now, things seem to be ticking along. People have waited a while for these cashews, surely they can wait 2 more months. Director buys should add confidence. Let's see what the remainder of this year holds.

Showing 70 percent down dont trust this lot