Member Info for Fallingknife1

Thanks J/k very kind of you. I am never ever sure what you gain out of saying to someone that you will do something and then just not do it? All it buys you is time. But you lose in confidence and belief that anything else you say is true. As I reported from the meeting an investor said it was law that the annual report had to be posted out and he had not received his. I do wonder if he ever did despite the promise. At any rate that is a sideshow. I watch for any fulfilment of promises on Biopalm's update. 64 days and counting.

You think you are smart dontcha? Just who do you think you are. Down from 14p to 7p. You need to take a good long long look in the mirror. Been wanting to do that for ages. Seriously waht is ahppening here guys? Is there a bottom here? Massive spread to boot.

as we seem to skip 12.25 and move straight to 12.5p. Is there a large purchase as yet unreported from Gathering Guy? Rivaldo is gone quiet so maybe it is him/her. Can CAT or Rugs confirm whether Biopalm's holding has been updated on the site yet? It is 64 days now since we were informed it would be. I tried myself yesterday but had IT problems and it was too slow to load.

Incidentally I hadn't realised they were wroking with UBER in Newcastle on this trial delivery. This could be a very beneficial arrangement. Less risky too as you don't have staff costs. I am not surprised to see some retrace after it hit the magic figure of �13. I expect quite a few investors were waiting for that trigger point.

Good evening Rugs. But it did have a bearing on the SP. It sent us skittling down 3%. There wasn't price slippage before today's sale. The ask had gone to 12.5p. I am not buying Phil's theory either on Norpalm. You would have to follow the company very closely without investing for that to be a deterrent. And I would say if you followed it closely you would see a distressed asset like Norpalm makes sense. It might be the 'slipperiness' of production updates. I think AIM has recently relaxed rules on quarterly updates as they often are counter productive. DKL tend to be shifty about their release dates which creates a news lull and possibly spooks some investors in to risk off mode. I might as well put it out there for the umpteenth time, although I acknowledge Rug's contrarian position on this, that some director buys might send a signal to the market. I follow director buy's myself as I like it when directors are aligned to our skin in the game. Their options are 12.5p and 20p. Why not save yourself some money and give a lead to possible new investors? their 5% buyback license is with our money after all. Ok they tooK shares rather than the maiden dividend but such actions have nowhere near the impact of directors and CFOs stepping into the market with their own cash. Totalnew I don't think you are missing anything although they could for example imo have RNS'd the machine breakdown. I think you can be sure of one thing though. Unless they are holding back for some whizz-bang announcement there is an inverse relationship between the date that DKL release productions numbers and how good the numbers are. For balance I would say the board are as frustrated as us with the current and historic SP. They are certainly knowledgeable and passionate about CPO and have been very far-sighted (Guitry, Ghana, Norpalm, PKO etc). For me it is not about Norpalm or the market mispricing us, it is mostly down to production, an unpredictable pricing strategy and spreading yourself too thinly ( the latter is an issue as it doesn't engender quick returns but I support the diversity myself to seom extent as it reduces risk0. It is all very well DKL releasing updates with flattering comparisons about prior years with a low baseline. Ask yourself this. If we were on 50000 to 60000t this year, would we really be at this price. But hey WTFDIK?

Nudged over �27 again so if we can hold over this level we can move up perhaps to �28 before the results. Perhaps some sellers will kick in to risk off on Monday pre-results. Especially those who got in at 2350p a short time ago.Very much an inflection point here.

of a reasonable size holding is never a good sign. Anxious to get out at any cost? I would like to think it is Dumper Dude being cleaned out but that is more wishful thinking on my part. The lull between news will be punctuated by these odd trades of large buys for no apparent reason or decent sized sells which probably seem equally illogical. With DKL though it is always worth having a wary eye on these trades in the run up to production figures ,news etc given that with the benefit of hindsight there have been trading patterns that I have been uncomfortable with. As well as largish trades later voided but very misleading to investors.

100% agree Dalekid. The biggest thereat to this sector is Deliveroo who have firstmover advantage. Companies in the food retailer that don't copy or challenge Deliveroo will be the next Woolworths. There is Berenberg's �13 quid today so fair play to that analyst. I am looking for �14 myself.

Very much so Rugs, At least 12p on the bid has resumed. Let's hope the production figs are good as well as a decent selling price achieved. I want an assault on 13p as next stop after that is 15p.

I am going for 9323t. We had a poor q3 in 2016 due to dryer weather patterns. I therefore hope we can exceed that. Although normally it is 2/3 and 1/3 for H1/H2 production meaning we have only about 13,500 to come in second half I am hopeful that a surprise is in the offing.

Afternoon both. I agree and disagree on some of your points above. J/k I think the Norpalm deal uncertainty is more off-putting for us LTH's.than deterring any new ones who are probably unaware of the deal or would welcome the fact that it is expansion without supposedly being dilutative. 100% go it alone on Guitry I can't see happening though I would welcome it, simply because the board see they have a proven strategic approach which has paid off with Ayenuoan. I suppose the criticisms could also be about debt and uncertainty to fund it. J/K you make a good point about the consolidation effect though I was in favour of it. My own focus would be on getting to full production and using any levers to get there. Higher dividends deriving from this would make a nonsence of our current SP and drive us much higher.

The intimation at the AGM was that RSPO was very close IIRC. I hope it will arrive quicker than Biopalm's holding being updated on the website!!!!! Hopefully the RSPO and NORPALM will be completed by xmas and maybe Biopalm's holding by the next AGM in July 2018.

You are certainly right in my case CTW but i couldn;t blame larger investors for flipping the shares and making 10-12% profit if they got in quick. Inevitably the 154p figure will have drawn in investors who believe in 'magic beans' but usualy lack patience to see them grow. A small retrace is likely when boredom sets in. Some announcements would keep this ticking over. For the more committed, the Mail article affirms the amazing long-term potential here and the rewards to be had if that potential comes to pass.

Well spotted CTW! I particularly like this bit of blue sky thinking in the article. "Getting back to the share price, Australian investment bank Macquarie thinks they will be worth 154p once Phase 1 is complete. 'The key driver to this uplift is a reduction in our average discount rate to 6.8 per cent to reflect meeting ‘de-risking’ milestones such as securing financing, and commissioning and operating each stage of the tidal project,' Macquarie said in a recent note. Based on the above analysis then, investors would be wise to question whether the current stock price fully reflects the progress made to date." Plenty to go for there! Unfoirtunately my s econd buy was ta around 77p.

Good to have you aboard Captain!. Agree with what you say but as I posted I was about to jump ship. I have had bad experiences hanging on for recoveries that are never coming. There has been a couple of political and operational setbacks which have undermined the SP to be fair but the potential here is huge. I would love to average down here but first need to deep dive into the reasons for the sudden surge in the SP.

seems to have regained its mojo since it fell to about 832p recently. I see £9 coming here as we move into a new trading range. Very undervalued share and a quiet board. What's not to like?

so far. Has this got a second wind? I should hope so as my investment has been all at sea since I bought a second tranche. I was going to give this a large wave goodbye but like to see it now recover some lost ground. Bit early to say the tide has turned but I am pleased it is generating some interest again among investors.

Morning Dalekid. As this point I should declare it is my tea-leave reading skills but sadly my infor on a cash return is from Berenberg analysts who met with Greggs and have been the catalyst for the SP moving strongly up to its recent highs. "Additional returns on the way for shareholders? Greggs is targeting net cash of £40mln by the year-end, although if there is a significantly higher amount, it will return capital to shareholders. Hammond thinks this is very likely. “Due to the capex involved in the supply chain investment, management has suggested that 2019 is likely to be the next point at which this is possible. “However, the sale of the Twickenham bakery, which was closed last year, could provide surplus capital sooner.” Hammond upgraded the stock from ‘hold’ to ‘buy’ today and set a new price target of £13 (was £11.18) Greggs shares were up 5% in afternoon trade to £11.72. " While researching this, it seems it was initially targeted for 2019. Greggs have said in the last report that they were ahead of schedule on fitting and renovation of shops so imo this should free up cash and there is the below mentioned sale of Twickenham bakery. They may return anything in excess £40 million Free cash as they don;t have a use for it. Last year was £46 million so they would be paying out £6 million at that rate but hopefully £7 to 8 million if we generate enouigh cash. I also wonder whether they would do it again next year though they said they plan to spend more again on renovating shops for that financial year. It has fallen back to pre-results level now but I expect us to kick on once profit-takers are out.

which doesn't seem to be reflected in the published trading. A largish unreported buy to come? I know Philpott is topping up so maybe he has reversed the flow. If the q3 numbes are good and a good selling price achieved, I would like an accompanying announcement that they are beginning to step into the market to buy back shares. It would soak up sells like yesterday, boost the eps ( if they cancelled them though this is not yet clear!!) and also move the SP up as I maintain this is an illiquid share even if some directors do not.

Gee thanks Dale! Very kind of you. I do learn a lot from the discussions on here although some of the best shares are the quiet ones where hardly anyone comments! I am interested to hear your views here and other's too. Investomania sums it up quite well today. In the last year the Greggs share price has risen 20%. That’s a better performance than other food retailers such as Whitbread plc (LON:WTB) (WTB.L), J Sainsbury plc (LON:SBRY) (SBRY.L) and WM Morrison Supermarkets PLC (LON:MRW) (MRW.L). Whitbread has fallen 4%, Sainsbury’s is down 1% and Morrisons has gained 6% during the last 12 months. In my view, Greggs has investment appeal for the long run. I think it is a well-managed business and its value proposition could resonate well with customers at a time when household budgets are coming under pressure. Therefore, I feel optimistic about its future potential, although higher inflation may squeeze margins in the short run." I didn't know that a lot of their new fanchises are at transport locations. Quite a departure from high St locations which I associate the brand with. Today's 1281P is the highest it has been since January 2016 so I am not surprised sellers have kicked in but I am taking nothing off the table here. Investec have raised their target to 1350 and keep a buy recommendation but I stick by my £14 which includes a return of cash.