Member Info for Fallingknife1

Always good to see when follow on buying when the sell on the news brigade have been outed. Tempus's mention helped of course but the breakout well above 100p should certainly bring on the radar of those who follow momentum stocks. Even after the strong rise from 83p I would argue we are still not up with events given the prospects for 2017.

Hi Mannan, The .17p was the current price and I note it has deteriorated even further since. The figure on the right is the broker target price which is wildly higher. I certainly wouldn't want to be client of one of these brokers peddling crap like this

I will go for 13384 hereandnow. I reckon q1 2016 will be hard to match and they haven't quite got to grips with the supply issue. It is true more of the company's own plantations will be coming on stream but the reliance on smallholders is probably proving trickier than expected, though very ethical. I am discounting January's bullish statement as the q3 production update said "October 2016 has to date seen a pick-up in volumes of fresh fruit bunches collected for processing." But q4 update said "Following strong like for like sales in October 2016 fresh fruit bunches ('FFB'), quantities were lower than expected in November and December. " Remember the q3 statement had the benefit of two weeks of October production. Q4 2016 statement in January barely had a week including New Years day to gauge production. As I really think we need to ramp up to full production and given March is the first month of the high season I would only be happy with 16000 plus myself. I would like to see 50000t produced this year so we would need to do around 34000 by q2 given the usual two thirds H1/ One third H2 split for CPO. I am very content with the high CPO price but need to see DKL capitalise on it, The company need to track upwards the high prices or else come clean on our recent disconnect between the two. I am hoping for the best but am wary and they haven;t delivered for me in the last tthree production updates, There is also a news vacuum that needs filling. My money is on the Q4 update coming immediately after Easter unless it is sparkling.

but interesting to see how out of kilter the brokers are with reality. 13 Jun 2016 Align Research Conviction Buy 0.17 0.42 - - Initiates/Starts 16 Jun 2015 Beaufort Securities Speculative Buy 0.17 0.63 - - Retains 22 May 2015 Beaufort Securities Speculative Buy 0.17 0.74 - - Retains 12 May 2015 Beaufort Securities Speculative Buy 0.17 0.63 - - Retains 08 May 2015 Beaufort Securities Speculative Buy 0.17 0.63 - - Retains 07 Apr 2015 Beaufort Securities Speculative Buy 0.17 0.78 - - Retains 02 Apr 2015 Beaufort Securities Speculative Buy 0.17 0.68 - - Retains 01 Apr 2015 Beaufort Securities Speculative Buy 0.17 0.63 - - Retains 11 Feb 2015 Beaufort Securities Speculative Buy 0.17 0.95 - - Retains 10 Feb 2015 Beaufort Securities Speculative Buy 0.17 0.95 - - Retains Today's 14% rise makes only a small dent in the above. Will holders ever be rewarded?

We are undervalued at this level but can't quite get back to th 13p ask. I don't know what the 7:12am trade of 12k is about but assume it will be cancelled later.

hardest part is working out when to top-slice this one, Certainly been through some lean times with this one and though trading could still be chop-py the outlook is certainly more appetizing. Cowabunga!

Someone unloaded nearly 11 grand of shares today at just above the bid. My broker is still asking for 12.7p so as Cat has been pointing out these sells are not hitting the SP yet. We are stuck below resistance of 13p without having seen any buys at that level . We had a retrace when the bid/ask was 12.5/12.75p so we may well have lost some weaker holders down to 12p bid. We will need consistent buying to restore that 12.5p bid and hopefully test 13p resistance at the same time. It will be worth paying close scrutiny to our direction of travel once 12.5p bid is restored. If we can hold 12.5p we could be a momentum play. Failure to hold it would mean to me that the balance is weighted towards sellers like dumper dude.

I wonder did the market misjudge the RNS and the dilution initially? Not sure myself why it fell so much although being illiquid it sure does move in large swings. I hadn't realised there that many warrants kicking about but am pleased a tranche has been removed. The fact we are down only under 4% is positive with 1.8 million shares hitting the market.

Nice divi hike and no furballs in the results. Not a cat's chance in hell that this won't power ahead. There might be initial profit taking after today's strong rise but this looks surefire to head to 400p in short order. Even the sell on news brigade couldn;t dent the rise today.

hold above 102p and indeed the real ask is just over 105p. We have had a strong run up and 102p could have been resistance. We are hopefully in a new trading range and deservedly so in a company which operates in a niche market supplying technical services for which they is high demand.

Good analysis go trader but think you were over-cautious. Good bounce today which probably even yet does not reflect the strength of yesterday's figures. Seems like a good trading share as it moves between 39p and 47p. If it started paying a divi again it should get a boost as it has a reasonable yield. That as much as anything would be good PR for the share and help underpin the SP.

Indeed Rich. We have been enduring some crab like movement in the SP but today's rather meaty trades have given added gristle to the SP. Honestly I would have been pig sick to miss today's rise even though I wish I had been rasher with my previous purchase and bought shares in two baskets. Sadly I took the cow-ard's way out and chopped one trade off.

I am sure he must have revised his opinion on this. One of the best shares around and doing all the right things. Still mileage in this one even at these levels.

I admire your enthusiasm Observer. Is the ex chairman the one who stood down because he was too busy? Too busy for the best in class, groundbreaking, disruptive technology? The longer the silence goes on the more powerful and deadly the fumes that these are running on becomes. Only a rights issue or dilution can fund production. What;'s happened to all the trials and deadlines. All smoke and mirrors and hot air sadly. It is awful that this is beyond beyond terrible.but I would say the plates can;t be kept spinning for much longer.

Hi Scottie. Nice to have you here.Your average of 13p is resistance so if we breach and can stay above it, the next stop is 15p. We did have one buy today at 12.9p before we slipped back There has been good buying pressure of late. I wonder if Miton is accumulating? There was a chunky buy reported after hours. Unfortunately DKL is plagued with reported large trades which are later cancelled. This was raised at the AGM but no satisfactory explanation was given. There is also an issue with the size of holdings which has defied even the forensic skills of Rugs who can always unpick these things. The official company line at the AGM was the company are not responsible for third parties declaring holdings. The experience of last year when we started well especially in production but never maintained it is hopefully a lesson less learned.

done at? Given that this one is running on fumes and that previous placings were done over 300% higher I wonder what price the company hope to get a placing away. Unless those running the company have kept the plates spinning long enough and knowing that any attempt to tap the market would make this tank even further that they might take this private. Can;t see this continuing as it is as there is no revenue, no ear term revenue and a whole pile of cash needed for production if it miraculously ever makes that stage as a listed company. Beyond terrible!

this up. Nice to see investors buying in volume unless it is Miton again. If dumper dude has been finally flushed out we can move up quickly to test 13p. He usually sells into any strength so may well be tempted at 12.25p bid. I also like some strength going into a Friday close but of course would like to see more follow on buying on Monday/

Some very interesting buying of late. I am very happy to see 12p on the bid as it will hopefully be a new floor. It is still early doors of course and we have been here before only to see us slip back. A lot of things are in our favour now given it is high season , a divi is coming and CPO prices remain relatively high. The Euro is also strong so good for profits though also affects our borrowings. There is also news due on various projects including Guitry. Interesting times indeed!

I am getting lonely. This share is very off the radar and very undervalued,

Sorry I lost track of you. But you did well because you gave the share an immediate lift. Some news will sned this hurtling past 200p in short order. Well oversold.