Member Info for blue2guit

Why do you say that?

No. None.

Hi David, fellow sufferer. No point in selling now. After 95%+ book loss, I will stay till the bitter end. Stubbornness and foolishness I know. We have all been taken to the cleaners by unprincipled liars. Worse than drug dealers IMHO. That's the AIM casino underbelly. All the best.

Hi Rivaldo

I still don't really see much grounds for optimism:

The palm oil operation has taken a step backwards.

Despite a 25% increase in CPO prices :

Palm oil revenueres only increased 20%

EBITDA of the palm oil operation has REDUCED by 10.8% to €3.3m (H1 2024: €3.7m)

Gross profit percentage in the palm operation has reduced by 16.7%

This backward step in Palm Oil is tacitly acknowledged by the very first line of the RNS statement, which almost tries to switch the attention from palm oil to cashews :

"The significant improvement in the Cashew Operation, combined with the steady performance of the Palm Oil Operation, delivered a stronger Group result for H1 2025 compared to H1 2024."

What happens if and when prices of both palm oil and cashews fall back from their recent abnormally high levels.

It seems we are dependant for the forseaable future on a combination of high prices and good high seasons to eke out any kind of real net profits.

Any returns to shareholders still seem far out of reach to me.

I hope I am wrong, of course.

Regards, Blue2guit

Ah Rugs, I thought not you! Just testing.

You are brave man Rugs - havz you not had your fill yet!

I've had more than a belly full.

I believe the majority of the investors who post on here are NOT novices. I believe many of us are experienced investors. My wife and I have 9 portfolios (ISAs and SIPPS), all of which are showing decent surpluses. WE hold several hundred investments worth six figures. I hold share in many AIM companies - there are still some honest ones!

This is BY FAR my worst invesment (Cost £46.4K, current value £3.6K), When I first invested 12 years ago I was altruistic - I naively thought I could help make a difference in Africa - I was attracted to the idea of environmentally responsible certificated palm oil production, support of local farmers etc etc. Over the years I became much more informed about various ways companies extract money from investors by being shall we say, "economical with the truth". However Dekel takes the biscuit.

I can't say what I would like to say but I am reminded of the old joke; " .Q. How can you tell if a politician is lieing? A. His/her mouth is moving!

Over the years Dekel (formerly Dekeloil, which I now find had a former director who managed to get fraud convictions) - came up with so many great, promising plans, that sounded excellent.

Where all us shareholders went wrong (as we all know now) is we NEVER held ANY of the board of directors to account. I don't mind losing money if I have been given the honest facts. I don't believe we ever been here. To me there are stong grounds for at least suggesting the possibility of intentional fraud.

It would be great if some legal firm would sue them on a no win/no fee basis. I for one would happily give up a large percentage of any monies recovered, just for the satisfaction of seeing the board finally brought to account, and hopefully resulting in successful prosecutions. It would be wondeful to know the full machinations of the way they operate. I am so annoyed that I had not heard of "Firering" until the last 7 days. Two companies with a similiar modus operandi, creaming in money at massive loss to shareholders (92% book loss in DKL in my case. Quelle coincidence.

Some of my earlier wipeouts, or near wipeouts in "African" companies: Fastjet, Paragon Diamonds, Zambeef, Woodbois.

Now - is there anybody here who took up share under the recent offer? And why? In the long run they will (probably) be worthless.

Anyway, best of luck to everyone in your investing. No point in crying over spilt milk. I don'r worry, but I do shake my head in amazement.

PS If the true fact could be obtained, what a great book or documentary could be produced. Cheers

JK400 - I make it 400 million. I wonder what Zeus will be paid? I doubt they will accept shares in lieu. So what will the neet proceeds be.

It really says it all- the money is required basically for "working capital" IE To keepthe lights on, but for how long. We need to raise much more to cut the crippling debt interest.

Well spotted Mr W Price

June 26 (Reuters) - Dekel Agri-Vision Plc DKLD.L:

DEKEL AGRI-VISION - PROPOSED FUNDRAISE, CONVERSION & DEBT RESTRUCTURE

DEKEL AGRI-VISION PLC - ANNOUNCES FUNDRAISING TO RAISE £2 MILLION

DEKEL AGRI-VISION PLC - ISSUE PRICE SET AT 0.55 PENCE PER NEW SHARE

Royal Doulton, would you care to explain/expand on your comment. Have you looked at the history of RNS's issued by DKL over the last 12 years, and compared them to subsequent reality? The directors have rarely, if ever, admitted to any failure on their part. The continued failures are always caused by other factors, all beyond their control, it would seem. That's what's "funny", in my opinion. They simply spout hot air and wishful thinking - as though they are doing something good. Scores on the doors: 9/10 for spin, 1/10 for achievement(if that!)

PS Have you any pottery tips? Portmeirion perhaps? They've lost 85% of there one time share price, but still a much better performance than DKL. Only kidding, tongue in cheek, as the crying here is nearly over.

Ps. They may have one more trick up theit sleeve , they have done it before. Divide the face value of the shares by 10 or even 100, and find some more mugs to issue confetti to. But surely confetti is not suitable for a funeral!

As we all well know, this means the results next week (if actually issued) are going to be even worse than WE expected. The leaky sieve that is our Board of Directors, surely do know. This could be the end, due to their mismanagement, the well has well and truly been drained bone dry. I can't believe this "mismanagement" deceit (some might care to suggest fraudulent behaviour) has been allowed to continue unabated. God bless the good ship Dekeloil, and all of the mugs who sailed in her - that's us guys by the way. I am sure there are many of us on here £20-30K down. This should have been a very profitable investment, if managed half decently. Amen.

Because it appears that the quoted bid price a couple of minutes ago was ip / share. I believe this is the lowest EVER. Only employees and directors have ever made money here! Talk about beng taken for mugs, 25% apparent spread at the moment. Cheers all,

To add insult to injury, yet another way sharereholders are ripped off here.

Potential investors here please do your due diligence - change your mind here and sell after you have bought and you are in for a big hit, even if the price has not moved at all. Of course this is not a factor for me and others who have been here for a decade and more - I am sat on an unrealised 87% loss as of today, and that's despite "conservatively" averaging down periodically on previous "good news"! The company may be showing some signs of progress, but look at our debt. I am unlikely to live long enough to rejoice. Even as I speak this share is 28.8% below it's 12 month high. So the market is not giving us a chance -unlike some "professional experts" (House broker maybe). However. good luck all. Call me a cynic! did receive one dividend only back in Sep 2017, which I "re-invested". In retrospect that was akin to a premature ejaculation.

PS Further to my comment below on 10th April ,does anybody have any comment on The Estate of William Black / ( thru Armstrong Investments)

Does anybody understand what the entity "Estate of William Black" is, and who is/are the beneficiarie(s). Does the "Estate", imply a trust set up by a deceased person. Or Estate in the sense of just possessions or investments. Is there anything sinister in the nature of this entity. Everything goes thru the Isle of Man tax haven (smokes and mirrors). Is there any possibility of us having the wool pulled over our eyes concerning the "true" holder of these shares. I have tried to do some research on this entity but have drawn a blank. Cheers all fellow holders here.

False positive. MM BS?

Hi Valsen. I have been invested here for years, starting as a complete novice, keen to support African development. I was naive to start with and just glanced at the RNS s issued over the years in a superficial manner. I have just read ALL your posts on here, and I believe that all you have said is probably totally correct. I only wish I had seen your warnings before. It is too late for me now. I have averaged down over the years, and now expect a total wipe-out of my investment. However, you have my sincere thanks for trying to prevent investers like me from throwing good money after bad. I believe you are a man of great integrity. Good luck with your own business dealings.

Or maybe not - lost 30% value since then, Don't you just love "hindsight"!

I can't be bothered to comment either, except to say, "Still Not Impressed!"

I have never seen such pitifully low volumes. Very few people buying any volume whatsoever. Dead as a door nail. No wonder, we are into our second decade of jam tomorrow, gruel today, with portions increasingly less sustainable. People put more into a fruit machine in 10 minutes than they "invest" (gamble) on here. Keep the faith!