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Yes, it's all a little curious isn't it - fairly positive results and a 5% fall. I am still under water with S&N by perhaps 6% but I've today averaged down at 1057 and have confidence that patience will be rewarded - hopefully within the next few months
I suspect that many long-term holders such as myself have lost so much that we are now just going to sit it out. I am certainly not going to add more shares in another attempt to offset very heavy losses - tried that and failed dismally. By far my largest loss in terms of both percentage and funds, so I have mentally parked DKL and if things improve to even half of the broker's forecast I will see that as a pleasant bonus - though I need to get to about 8p just to break even. Ah well....
Welcome to 2024 Dekelites. Significantly more purchases than sales today yet the share price falls. Isn't it reassuring to know that, in these strange times, there is one stable and predictable occurrence which is the ability of DKL to comply with the laws of gravity and sink ever lower into the abyss. Happy new year all!
Sustained and large numbers (for DKL) of sales. As ever, my cynical side suspects that prior knowledge for a few insiders is driving the sales and hence fall in sp. Sadly, I am in here for quite a large number. I see no point in selling now and crystalising an 80% loss, but I have pretty much written the lot off. A rather grim and opaque company and a painful lesson learned for me. Next time I'll invest in tulips...
Indeed - these great figures have prompted a big rise in sp as buyers flood in buoyed and excited by this dynamic and well-run company ... No, wait, the sp has fallen yet again - over 35% down from where it was a month or three ago. Ye gods.....
I never really understand this share's performance.... perhaps someone can enlighten me ??
1. The figures look good and far better than when the broker identified a 9.5p target price a few months ago - yet don't result in them indicating a higher target. Why is this?
2. Every time there is a rise it is followed in short order by a retreat and we are now back to where we were a week ago. Is it people making a quick profit on a volatile stock? Or is there something more fundamantal?
3. If the figures are to be believed then a retrenching seems illogical. Doesn't it?
In my folly I have acquired quite a few shares here - around half a million - and remain in hope but with very little expectation.... Ah well!
Ap[proaching a 50% drop in share price over the last 2-3 months. yet the broker has restated its target price and we seem to have generally positive news. So what is happening? Is this spin? What are we not being told? Or is there some fundamentally iffy goings-on here? As a long-term holder of a significant quantity of shares I (like others) am pretty much stuck as I'm reluctant to crystalise a 75+% loss. But there is a lesson here about investing in promising sounding AIM stocks which I have learned that hard way !
As a simple soul, I fail to understand why we have seen a 6% drop in sp today when there is a sea of blue. Can anyone more versed in these things than me clarify?? This has been without doubt my worst investment, and it's a long way back before I break even. I am not holding my breath....
Almost the same with me - another 2p and I will be even again. Bought in low and then again on a dip after 2021 peaks but watched with gloom as the price then plummeted.
I do agree with many here that the fuundamentals look promising - I'd be happier if we had a government that for once got off the fence and committed to a UK SMR - as an ex nuclear bod myself I have seen how governments of the last 10 years have promised, dithered, retracted and then done nothing, and we are paying the price now for a lack of strategic vision on energy. A Rolls SMR at several sites is a sensible way forward, should generate overseas sales and reinforce the SP.... It will be an interesting 2023. Regards to all