Member Info for Fallingknife1

With the SP totally screwed! You'd hope the company don't have to pawn off everything. I checked the BOD and their career has rather been chequered. Maybe with the SP so low it could be in play but I think holders will be spooked by the dreadful performance since listing.

Took a hit myself and sold at 24p with just a small holding left. The divi was the main attraction here and I have been averaging down because of the yield. If the divi is cut given how far it was falling even with a huge yield then I see no hope of a price recovery. I switched to Enog which I hope is not yet another value trap.

Didn't see that coming. Gonna be hammered today sadly. 50% drop?

Ah thanks one desk! Not quite hit it yet though but sentiment is with it. The Canadian deal has been the spur and dare I say it but we might even smash through 500p. 500p itself is almost a 20% gain since the director sells so not to be sniffed at and bound to see some profit taking.

Strong price rise after a weak update. What's behind the sudden jump?

You are certainly right in the last part Christrader as it sinks ever lower. There is no floor price here that this inept BOD can not take us through. They are however clever enough not to buy in the open market no matter how low it sinks. Looks like their salaries feather their nests and they are unwilling to sacrifice this feathering for a a show of support to their enterprise. It has dropped about 30% since the guy was tweeting to buy it so I imagine his followers will be dumping in droves at this rate.

Or a pivot point after a strong run up. H. I suppose pis might be tempted to lock in profits. Seems buying interest remains here going by trades. An announcement might also come to say all nit one legacy Contracts are complete which with an update on the remaining one might actually give KINO a second wind so on balance I retain all my holding with a top slice figure of 80p in mind.

Tricky one. I have had ITM and WOSG go to 700p and 1400p from 100p average buys and 220p respectively. In ITM's case I am now nursing a loss. This share has had a good run up and when speculation starts about high can it go it might be selling time. Still holding all mine though having been a buyer fro. 27p down to 18p and all the way back up to its current SP.

If forever is until the company goes bust or they agree to a takeover then they can get away with it as they hold a controlling stake. I suppose they could even engineer a MBO given how they have trashed the SP and they would save themselves listing costs. If there was more diverse share ownership in DKL then their half baked ideas and almost total incompetence wouldn't have free reign.

It is your perogative of course to believe in the serendipity of sell trades just before bad news which DKL has a long standing history. We can continue to watch the same thing unfold but attribute it to any other cause but the probable one (due to its regularity). You talk below about a recovery we are now in the start stage of the DKL rinse repeat cycle. We have had excuses (lies) with the promise of recovery a request just to hold on followed by a slight recovery possibly some decent numbers but inevitably followed by incompetence and a hammered SP before reverting to the excuses (lies) stage with a promised recovery just around the corner.

Good morning Rugs. Not just a few times unfortunately and it has been raised a few times at the AGM but shrugged off by Lincoln. I only wish I had followed their lead. I guess in a cosy cartel operation there is privileged information for the few. We already are aware of the issuing of shared to certain advisers and there must be more to this kind of dealing be cause thanks to our calamitous board the subsequent SP performance of the shares in lieu have been ,well, calamitous. Note no share buying by the board despite having driven the SP to an all time low but they will continued with their inflated salaries in return for running the company literally into the ground. No matter the price recovery here I would not invest another penny in here and would advise any non invested person to stay clear of these incompetents.

Absolutely where I am at too DBentley and may I confess have been for some time. DKL is run as a cabal and has been from the beginning. Zero accountability. If there was a large percentage in a fund company then they could engineer change possibly but the substantial majority shareholding is all with the board. God knows what Ares the recent bought in guy makes of it but maybe even he doesn't have the clout. Would be good if he bought in a bigger holding and sack the lot of them. There is no floor here except 0p and that is where Lincoln and his cabal are taking us!

Lincolns utterances are steadily becoming even more laughable or would so if they weren't so financially painful. Their own projections were 10000t production in 2023 but the actual outturn was c 330t so out 97%. Yet Lincoln says in January 2024 that the problems are "easily solvable ." This is the ultimate "dog ate my homework share." With Lincoln everything is designed to deflect from reality while spinning a yarn that better times lie ahead if only investors just hang on. A lie we have heard many times.

Thanks Iron. A recovery already seems underway, so it was just a bump in the road. I can see 500p by Feb 22 or whenever the next update is

All but inevitable Rugs. It even exceeded the prediction of the poster who said 1.5p. It is a car crash of a share with those at the wheel having a get out of jail free card. Today's RNS should have someone at Director removed immediately from post due to sheer ineptitude. Look at the Gok wan attempt to put terrible news after decent news, quietly hoping the market was stupid. The BOD gave shown not one sign of being able to not to mind turn this around but even to stabilise it. Dreadful. Absolutely incompetent.

Now they have succeeded in thrashing the SP perhaps our well remunerated BOD might want to step into the market and do some concert buying to show some faith in what the company has become. They are sitting on worthless warrants thanks to their stewardship so they could divert cash that they will never have to call on under their stewardship. As usual though we have capitalism in reverse where the profits are privatised and the losses are socialised to small PIs. Furthermore we often hear about the vote of confidence that issuing shares in lieu is. How does Lincoln Square that with the history of an SP undergoing a veritable death spiral under his and the BODs leadership.

Unmoved in the face of so many buys is now explained. The umpteenth time where a seller has been very fortuitous to unload just before bad news. Almost like having inside knowledge....

The England football team writ large. Unable to string two decent results together. The lack of accountability is staggering where there is no price for abject failure.

Not so Iron. The chairman is retiring shortly and both are perennial sellers anyway. I think the results will be good in the next trading update. Just a minor blip today.

I think j/k has pointed this out many times but I can't understand why DKL don't have fixed updates with only weekends being excluded. Should be the 10th of every month or maybe later but still set in stone to gather the full picture but DKL seem impervious to such regimentation.