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Yes Harchris they aren't the type to throw their money down the drain. Now our money, well, that's a different matter.
As a hold in an article today. Divis dropped into accounts today so there should be a reinvestment surge, Of course might fall back again after that but I feel about 500p is right for now and any good news could propel TSTL to 600p.
Thick? What's the point in continually lying about deadlines they know can't be met? Or is it just incompetence? They think clearly the market will believe these continuous attempts to kick the can down the road only for the can to be kicked further down again. The outcome? 8% falls like today when investors lose confidence/patience !!
Sometimes I have an overwhelming urge to buy POLR and and other times I absolutely detest the share.
So now the Cashews are Q3 and a declining extraction rate but the DKL playbook is alive and well as early guidance (last 12 days projection presumably!) says it will improve.
They have also incorrectly stated the change in the RCN purchased and the closing inventory in the RNS. The RCN purchased went from 820t to 190t yet the change is stated as 76.8% which clearly means an INCREASE and ditto with the closing inventory. Their sloppiness and lack of attention to detail for a publicly quoted company is staggering. They might be best correcting it!
Morning j/k, thanks for tackling the ostrich mentality on here where e have an SP that is gone from 20p on the ask to 1.5p and any questioning of the SP/Performance/Board then you are committing heresy and expecting it to go bust tomorrow. The hard of thinking are starting to thrive as there is more than one of them.
Afternoon jk. Good points and I hope you are a good bellweather for this. The fact that they didnt release the CPO numbers today on the infamous 10th is either a good sign ( production up again or Cashews ramping up with functioning equipment ) or an extremely bad sign where we get double whammied on both counts or especially CPO and Lincoln and co are sitting on it in the hope"the last 12 days..... " wheeze can be wheeled out again. Fingers xd.
Results look excellent to me in the circumstances. Hike in the divi shows confidence. I was nearly stop lossed out of this one but luckily it just held. I can see a recovery from here, This was 2000p at one point but is definitely oversold. Buy!
On the back of fairly decent sized trades. As prescient selling almost always leads to a fall in DKL's sp then we can but hope that prescient buying leads to a rise when some arrives.
Hence the price recovery? Though the bid /ask suggests a sale due to the timestamp.
Morning Rugs. Probably a buy which explains the rise. Wonder will the cashew update provide a 😮 surprise?
What price did you get Rivaldo. 🤔? I think I will sell half. It seems to be recovering now from the initial fall. You did well to exit though!
Afternoon Rugs. That is something that has been needed since the beginning but unfortunately it has been beyond the compass of our hapless board. Given their incompetence it is most likely more delays and excuses are on the way instead of actually dealing with issues. They stumble from one disaster to another while telling the market the last 10 days have been encouraging.
Down 8% today making even a 25% recovery in the SP bringing us back to just above the recent all time low. You would think when the SP is so driven down by our incompetent Board that even a dead cat bounce shouldn't be too big a task but sadly beyond them. I wonder what the recent investor thinks as even he is down 10% on his investment . If he read this board he would know what a bunch of clowns we have in charge of operations.
Think we are going to see a SP revival on the back of today's results. Throwing off cash and expanded acreage as well as good visibility in revenues. Divi looks likely to increase which should fire the SP. Buy!
Bound to see a rise today on those numbers! Should be back over 400p at some point soon. Quiet board is a good board!
Looks like in a death spiral and I say that as a holder. Always was a punt for me but sadly I should have cut my losses. Will x my fingers for a rebound of sorts.
It's today. Hence the drop.
Pretty steep for a company that looks like it is in recovery mode! Maybe profit taking after the recent jump? I am still a buyer.
Leading from the front?? What a joke! He has driven down the price from 20p to 1.45p through ineptitude, spin, false forecasts and Gok wanning of the SP. I hope he is focused on the Cashew production and can be proactive in avoiding any more calamities of his making.
Default on what it ones to ENOG? I do like the share and am a holder but I didn't factor this in.