This is a rock and feather share. Falls like a rock and only rises like a feather in a gentle breeze. Our Micawber board are always waiting for something to turn up and have an excuse for everything. Never mind Rivaldos 9.5p we will be lucky to see 3p as the board continues to thrash the share.
Sorry double 📫 post
Good morning Rugs. While it would be a shame to see you go I dint think the BOD need another excuse ( Gaza) in their armoury for non-performance as they are chock full of excuses already. The selling is worrying as there is a long history of serendipity here when selling has always come in advance of bad news. Obviously sheer luck of course 🙄 and a gift of infallibility. It is probably (insert your own Lincoln j Moore excuse here... fund manager/EOY selling/ holder needs holiday car divorce/cyclical commodity/AIM
Good morning Rugs. While it would be a shame to see you go I dint think the BOD need another excuse ( Gaza) in their armoury for non-performance as they are chock full of excuses already. The selling is worrying as there is a long history of serendipity here when selling has always come in advance of bad news. Obviously sheer luck of course 🙄 and a gift of infallibility. It is probably (insert your own Lincoln j Moore excuse here... fund manager/EOY selling/ holder needs holiday car divorce/cyclical commodity/AIM
With an in line update but with the usual weighting towards the second half I suppose some investors are cautious . Looks good to me and I will be adding.
Looks like the company is in the right hands! The update is timely as I have tracked this down from 1400p. I think this can go back to 800p when day traders clock out. All in good time of course!
10 x Ebitda and the reference to trading improving in the last six months are my reasons. I wouldn't hang my hat on that short-time frame. These acquisitions can betransforming. Unfortunately that can be in the making or breaking sense. I hate when an investment diverges when it's core is doing well. Risky as it is distracting. But glad to see the SP rise all the same so maybe the market disagrees.
I suspect they maybe overpaid. I topped up after results as I think OMG is very undervalued. Prima facia I am unsure about todays acquisition. Let's see how the market sees it on open.
Barely intelligible pish. Your pocket monkey is tied up here meantime. Bwahahahaha!
Held and bought these all the way to £38 but sold today. A double digit fall today following yesterday's fall which I thought was overdone doesn't augur well. Switched into OMG which I think I will make 11% on which only dents my losses but have lost all faith here.
Do why have you been pumping this for years. Noel and I told you. Unfortunately we can't fix stupid. Bwahahaha. Clown.
Adverse broker comment skittles this yesterday. Appears in its opinion unproven and rating is still high. Can't say I agree and we can see buyers back today without moving the needle admittedly.
At least the divi reinvested will buy more shares. Ridiculous fall and I wonder did some adverse media coverage trigger it?
Good posts above. J/k good afternoon I can answer your question. There is no nadir at which the board would not issue shares. Using cognitive dissonance where the acceptance in a related transaction is always sold to us as a vote of confidence means the number issued is irrelevant or maybe even the higher the number the more pleasing it is to issue the shares in the board's view. It also looks like another fund manager must have moved on as in DKL world this can only be the reason for a fall and not sheer incompetence...
Seconded Rugs. The sheer nerve linking SP weakness to a Fund being wound down rather than their own incompetence. I reiterate if it is so undervalued they should be falling over themselves to buy stock in the open market and send us and the market a signal.
Recovered from the drop as I guess investors don't want yo be caught with their pants doelwn when results are announce. Hope they are good and they should be with recent progress.
I will keep you in suspense. Geddit? Bwahahaha :)
The ultimate dog ate my homework share. Maybe the recent seller got wind of this cashew nut issue in true DKL fashion. Oh for a board that produces more than just excuses. It is not just the excuses in themselves but their sheer volume and regularity!
Evening j/k and my thanks for that. My question is what accountability is there at Dkl? 9 years of taking us backwards and the same faces mostly present. Is the market misvaluing DKL? If so the Board should be falling over themselves to buy in the market. If not then there should be some accountability.
When is this being held j/k?