Member Info for Fallingknife1

In the short-term it will be lucky if it gets past 5.4p Mannan. Possible of course on very good results next week but a major resistance point for FLX. It has been range bound between just under 4p and 5.4p for some time without ever breaking in either direction for long.

Shocking Dave! I was interested in this one at one point as IU thought it had some interesting pharma. Luckily I never invested. It seems the board do not have a clue as an SP should not be decimated like this unless it is fundamentally mispriced and the board too large or too highly paid.

As for how they reach their TP it is interesting to note that 12p is about 150% of today's price. 29p would have been around 150% of last year's SP of around 12-13p. I suppose it makes a nice headline to be fair.

Lincoln and the board have been saying for some time that it is frustrating that the market is not valuing DKL correctly. The problem is they were saying this when DKL was 150% of its current SP and yet even now they are not willing to step into the market themselves.

These periodic puff pieces are not going to fool any investor worth his salt. However the 12250 quid buyer the other day may well have been influenced by the article. If so, he will find out shortly there are more deep seated issues at play here than the rosy picture presented in this 'research'.

Agreed DB! Fairly biased 'research' there.

Dougie that is a bit naughty and irresponsible from someone who is normally a decent poster. Even saying it as a joke is pretty poor form.

I hope Manna you don;t write speeches for a living or you would have the figure of Kate Moss.

Yes Mannan never far away and always willing to discuss this share. As well as accepting other posters here have an alternative view. I am watching to see if FLX can break its trading range or is it the usual rise on no substance.

Dougie 70 minutes of trading left and a possible after hours RNS but your prediction of news is looking like not materialising.This Boiler is in sleep mode.

Afternoon Redroy. The board certainly have the background but also a tendency to not to deliver updates in a timely fashion. The Mill issue was never announced until it was tagged on as an explanation for poor production figures. You won't get warts and all from DKL but instead Gok Wan window dressing of appalling results. Along the lines of " the last quarter was really bad but we blame the weather/the region/the price of CPO/Nigerian currency woes/the mill/the supplies but don't worry about any of those because we have had 10 days of amazing production in the new quarter which makes us very hopeful...."

There have been a few examples of where they tried to mitigate core issues around storage and number of trucks but many more where they have preferred a Sideshow Bob approach. In Ghana, Norpalm and now the Cashew Nut company. These initiatives will take some time to come to fruition and the danger is there will be no value in the SP were they ever to work.

Someone has pumped in 12000 quid today and you can be sure that is not any board member. Personally I would advise any potential investor to wait for the board to invest before committing any reasonable sum to DKL. That is my approach and it could be a long wait indeed! Still, I am as a consequence not sitting on an ever dwindling SP even if I had reinvested recently. but of course am suffering like everyone else from more historic investment here.

Thanks ryab. I can rarely call the sell option right after an appalling update. When I hang on, it falls even further the following day and becomes stuck in a downtrend. But when I sell it stabilises and claws back losses as I did yesterday and has happened. But hey ho. Happy enough to be out at a small loss as I cant see any near term drivers for a recovery.

Not sure what would turn this around to be honest as it has no spark. It managed to exceed ever the darkest of expectations today... to the downside! Time to take an axe to this punt.`Luckily there is the escape hatch of the sell button. I had thought the plummeting SP was kinda odd with no support rungs but just shows you on AIM there is no smoke without fire.

the new name is hardly setting the market alight. Is there something fundamentally wrong with this share. Certainly is in a good arena but the SP is in meltdown!

Morning Phil. Of course your are right about the relativeness of the quarters but it is the frequency with which DKL tend to undershoot, the lack of real growth at a time when previous comparatives should be benign, the pulling of rabbits like Ghana and Norpalm from seemingly nowhere only for them to quickly fade into the background and the lack of any open market purchases by the board - even the newly appointed!- leads me to think that at best the Board are asleep at the wheel.

The SP has been on a month on month downward spiral for a prolonged period with lower highs and lower lows being set. DKL has not managed to string two decent quarters together for quite some time so I think most investors would at this stage be incredibly pleased with one quarter, not to mind two! Even their taking poetic license and elongating the CPO high season to begin in January has only resulted in poorer figures.

Time for the board and company to stop to get a grip on its core production and stop chasing distractions and making excuses for failure.

Afternoon Hawk. I think your buy has flushed out sellers :)

The SP sure needs a lift and perhaps some good news on the financing of the cashew nuts would give an uplift, albeit a small one. It woudn't surprise me if the AGM was being held over until there is some news on this. Other than that we are reliant on an exceptionally good quarter which might change sentiment here. The trouble is each quarter is only bringing more disappointment even against poor comparatives in this 'dog ate my homework' share.

Though the results were a relief this one might well be dragged down to new lows along with the wider market. With May fumbling around and Donald playing Russian roulette with China we might well see a market correction of 10% or more. If so this is one for the watchlist as the fundamentals and yield are pretty sound.

Not me Rugs I am going to follow the directors in for my next purchase. When they see some value in the company so shall I. It might have been Roy Hodgson investing his win bonus from last season :)

Just noticed a below bid dump of 6k of shares yesterday at 4.69p. Heading to all time lows while the board discuss Norpalm.

Sure is Phil. As the guy who bought 88 quid's worth today and the other punter who put 234 quid in will attest to. :)
At least we are heading towards full ask anyway is one positive I can draw.

Yeah. Looks like a double bagir at least :)

revenue guidance for next year and had a director buy of 50k after today's results but is down nearly 6%. The market is irrational.

Thanks Rugs! Good to see the ask still over 5p at least. 5p should be some support but we have already breached it so my hope is we can tempt some buyers at this level.