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Well their history of delays and excuses as well as making everything go the wire doesn't build confidence. I am a holder but also am losing faith. Chances of success are odds against now. Only half trading day for PXC to pull a rabbit out.
Plus got the small yield along the way. I think I will trade it this time with a TP of 120 to 140 pounds. Don't think many small pi's hold these so they can move quickly on fund buying selling. Good share though which could do more. I am sure a share split would help.
You still in like it? I have started to add to my holdings with a stop loss of 6p.
I think the dent situation is precarious but parts of the business are doing well. 🤔 there is 150% upside here I reckon and 33 to 100% downside for Mr.
A 69 with DP. Best to get in quick for a piece of the action. Might slip in myself as we know what is coming.
Nice rise today into the all important Xmas period. CHH has joined the Santa Claus rally it seems and a decent trading statement could help drive further gains.
Is it enough to derail the bid? Judging by the Sp reaction I think so. I would buy more on any fall.
Decent enough in the circumstances. Divi is held at least and some murky finance hopefully put to bed. Profit suffered due to writedowns so perhaps this will recover quickly when growth returns. Set a stop loss of 90p which thankfully hasn't been triggered but the SP needs to gain traction so I can't guess which way it goes next.
If there is an issue*
To move back to 2p shortly. As Rugs pointed out the large trades seem to be finding a buyer. We are in high season now, at least DKL high season as they somehow extended it some time ago from January to June to include December. Whether 2p will underpin the SP is rather down to our hapless board who like the England football team struggle to achieve two good results in a row. We can be assured though if the issue with Cashew production then it is most certainly region wide but any progress us of course DKL specific
Wizz taking off once more! A lot of money waiting in the wings during this Santa Claus rally so Wizz was bound to get some uplift. Hopefully will gain some altitude back to £28 where it was before it nosedive.
Today so things should heat up. The spread is a bit chilling but hopefully the core business can withstand it if Mr Market catches a cold. Decent yield too.
Seconded j/k you have been a sound fellow and excellent contributor on here. You deserve to be rewarded financially. DKl is very frustrating 😤 but I have met some sound fellows through it including you Cat and Rugs so there is some positivity. In hindsight most of us wouldn't have invested here bit that doesn't mean our experiences and opinions are invalid.
And one terminated that's two third of the legacy drag removed. H2vweighting means if things pick up as expected then the solid foundations of H1 will be built on. Looking forward to further moves higher by year end 23 and hopefully more gains as the legacy issues unwind.
OK fair points Harchris. There is a good opportunity here IF it works. The problem is the inconsistency of good performance and the consistency of bad perormance. Also you can't really believe a word that comes out the BODs mouth. Hiding things in reports and making up turnarounds in the last 10 days etc.
Two trades of 1 million shares each and definite sells seem to account for the fall. Perhaps some big punter has decided to switch out of a commodity stock into the wider rally. Strange at a time when DKL could be turning a corner but I think it should be pointed out for balance it is often against weak comparatives. When I first invested I expected production to ramp up to full capacity and yet 10 years later....
I am all for balance and opposing views Harchris. I said so in my post that you replied to.
The ask has fallen to 2p again so the suvkers rally seems over again. I would love this to start gaining momentum but seems like small steps forward and leaps backwards.
Two excellent posts which I commend highly. I hate to say it on any board but Harchris and Heresandnow come across to me as mouthpieces for the board though of course entitled to their opinions. And I suppose they do add balance to the disgruntlement I and others share.
At least the ask has gone above 2p again. I got a nagging suspicion the company I.e the BOD will conjure up some issue with the cashew nuts when the next update comes. I also have a foreboding of a placing under some guise, a discounted one of course. If so it will be the last straw for me. Happy to be wrong on both counts I hasten to add.
And sadly back under 2p again. One month's exceptional performance was never going to be enough to underpin the SP but you would have thought there would be an absence of sellers. It is going to be a long road back to any recovery under this BOD.
Looks like we are alone Florence 😔. No bad thing. I will continue to scoop these up while the market sleeps.
Sorry 3p divi. Still an excellent yield and pretty safe.