Member Info for Fallingknife1

I am afraid the cynicism will serve you well Blue. And there is clear anger here even after a 10%+ rise today. It is clear now that anything near full production is impossible. The BOD are incapable of delivering it. Every statement these days say the lack of supply is a region wide problem. They have no clue how to solve this. This might be the bottom or more correctly 1.8p might be but I am 100% sure they want to stumble through to the Cashew business on a damage repair basis. This new initiative under consideration is bread and circuses for investors to create more jam the day after tomorrow. Rising CPO prices of course could be the tide that floats the SP. But can you imagine what a full production Mill and CPO prices of 900$ mean for the company. Our asleep at the wheel BOD seem to live in blissful ignorance and laissez faire.

** effect a market price lower than the current options price. Jeez, apologies all!

I am sure the directors will be rushing to do some concert buying once results are released. They have managed to effect a market price that is lower than the current price-no mean feat when surely good governance would mean it is the other way around?
Incidentally I see Admin have been hard at work this morning. The discussion earlier has disappeared quicker than a FFB from DKL's supply chain into nefarious hands. My electronic print from my reply was still warm as the thread disappeared to the naughty step.

WOSG will rewind to? It was looking strong at 348p but the SP has become 318p in seemingly no time. But as I type it seems to have got a second wind with a 3%+ bounce. No point in getting wound up about these things I suppose and I am confident of a return to 400p some day.

when it is a share that thrives in Covid. Fall completely overdone and worth picking up more. Results are bound to be stellar and I expect some positioning ahead of them as well as recovery in the SP.

with an ask of 8.48p. Some positive noises at the end of the consultation should give an extra lift next week. Despite the progess we are still below the SP which began 2020. What is the highest price a poster has paid here? I think Jay was 24p at one stage.

And a decent trade. If you are the buyer could you identify yourself as I am getting real lonely! I do think buyers will be rewarded here but the wheels sure are turning slowly.

but am happy to pick up more as my monthly investment in September. I don't know what is behind is but it only makes buying cheaper and the yiled more attractive. I will be happy if it goes off radar while I build a position.

Afternoon Rugs, yes decent buying outwith the Board who are laissez faire with the SP. Most likely the interest is from bottom fishers who have seen how far the SP has fallen. Wouldn't blame them for selling into any strength. The buying has only served to push up the Ask. If you wanted to exit in volume you would obviously get far low than the Ask.
It seems to me the current strategy is to limp on until the Cashew business and cross their fingers that the SP is to hold up to some extent. They alluded to another project but even if they announce that it is more jam after the day after tomorrow for long-term holders.

Will it hold though? All it needs in one holder who wants to exit in volume to skittle the SP. Quite a lot of sellers v buyers and though that doesn't always shift the SP it looks more likely to sink than go up currently.

when the indications are AUTG has turned a corner. The CEO said if the UK followed Germany that the AUTO market would be at 80% by September IIRC and of course the face masks and visors are at least washing itys own face whikle being funded via a loan. Oh well either sellers will be vindicated or buyers like me if there are any lol will be. I wish they would get a move on with EU certification though.

and augurs well. 500p is sticky resistance but we have at least breached it recently. Some news on an Inidan distirbutor could give TSTL legs.

Sadly two things that are unlikely to happen. Shares in lieu is part of the Board's cognitive dissonance where their acceptance is a vote of confidence in the company without the Board having any regard to neither the subsequent performance of said shares nor having concerns for the message paying these small sums in shares sends to shareholders. As for buying shares in the market which are about 18% under their lowest option price it is extremely unlikely because they have an excuse for everything and in this case prohibitions to buy for all reasons under the sun. Going by DKL you would wonder how any directors anywhere ever manage to buy shares but THEY do of course quite easily. Let's face it the options are no incentive at all or else are not producing the desired effect. The Board hope to stumble upon them on the off-chance the directors are actually are around IF the SP ever manages the remuneration milestones.

7.5p on open, then 7.66 and now 7.92p as per LSE when no trades anywhere near that. At least it should deter sellers!

Afternoon Tomohawk. Delighted with my entry points (Timing!) here of 203p and 216p which was a gift in hindsight. You clearly know your stuff. I too have an interest in watches but only lower end stuff. Thanks for the info on Rolex and hopefully it will feed through to the SP. We are on the cusp of my initial prediction which was 350p so I have to maintain a watching brief of where we go next.

"Accordingly, the revised exercise price and vesting conditions of the Existing Options, being more closely aligned with the current market price of the Ordinary Shares, will provide a more relevant incentive and reward package to the option holders.

Grant of new 2019 Options
The Directors and advisers granted 2019 Options are set out in the table below. The 2019 Options expire 10 years from the date of grant and have an exercise price of 2.45p per Ordinary Share, being the closing price of an Ordinary Share on 29 November 2019. "

I guess a question for the AGM is what incentivises them? Options to buy at 1p? .5p? .2p? Clearly 2.45 though 9 years left to achieve it was beyond the Board. Shameless and shameful!

Normal DKL service resumes and I assume this fall must be caused by a large dump by some unfortunate shareholder. I don't think Ggagbo's attempt to run for presidency from exile will destabilise the country but the sooner the elections are out of the way in October the better I should think. My pleas previously for DKL to concentrate on any levers possible to increase production- rather than salivating as the clearing through customs of Cashew equipment as they do now- has sadly fallen on stony ground. But if they care about stabilising this sinking SP it is something they should seriously consider.

in decent sized trades allied to buys currently at full ask makes me confident we can push on towards 8.5p on the ask in short order. Got a small cushion to 8p on the bid with the official bid at 8.08p and 8p would be imo a useful support level to bounce off once we can at least stabilise. Definitely the SP has upward momentum and it is up to the company to deliver on the promise. Oops as I type I see LSE has the bid as under 8p again. It is a tough gig!

but good to be TSTL pop its head through it today. Didn't last long as currently there is not enough buying in decent cash volume to sustain it. That said there is plenty of buying interest at under 500p so we just need sellers to dry up to nudge us through 500p.

Good to see an ask over 8p at finish. Pretty strong momentum I feel but definitely finding it hard to stay above 8p. Overall thrust seems to be upward though and it is easy to forget these were 20% lower a few weeks ago.