Member Info for jk400

Evening all, we have to expect some profit taking as the SP is now up 126% from the bottom in October. Many here though need that to be replicated 2 or 3 times over to get back to break even.

Possible news at 7am?

golfnut, welcome along, you will find this board very informative with plenty of long term holders/sufferers if you do indeed invest in DKL.

One thing you will also become very well aware of is the small print of every RNS usually has a sting in the tail in the form of shares being given away in payment of lieu. The board are well aware of shareholder concerns, FK1 has raised it at every AGM for the past few years, I've raised it on most of the conference calls they do every quarter or so and yet it still persists.

Nice article here as posted by homebrewruss on the other forum - https://www.thejakartapost.com/news/2019/12/23/homegrown-fuel-jokowi-kicks-off-b30-policy.html

This Indonesian President Joko “Jokowi” Widodo chap seems to know what he's doing. Maybe he's got a few shares in Norpalm? B30 launching this week, already talking about B40 by the end of next year with B50 in 2021.

Indeed fk1 and with the Rotterdam pricing on a months delay, and seemingly only heading upwards, I wonder if there's any merit in temporarily halting sales? Instead, fill those storage tanks that were bought a couple of years back and have remained largely empty ever since. An easy $100 per tonne profit, with potentially more to follow, but the BOD may wish to adhere to the old "bird/turkey in the hand" adage.

I will query the use of those tanks with Lincoln Moore (for newer viewers/investors, he's the guy on the puff piece videos and also the executive director) on the upcoming conference call, after the Q4 data is released.

Morning both, yes anyone who came in at the bottom (1.7p) would have doubled their money. Good luck to them.

Hopefully all long term holders on these boards can be equally rewarded for their (our) patience.

There has definitely been a sea change in recent days/weeks, so all very positive ahead of Q4 data.

Merry Christmas to all and enjoy plenty of turkey and Christmas pudding.

Thanks Rivaldo, do you know what the difference is between your source and Phil's here:
http://www.palmoilanalytics.com/price/16

They had CPO in Rotterdam at $820 yesterday.

Either way, it should be a positive start of high season for us, starting (as it does) in December! If it doesn't start until January, February, March (like it used to), then this is all gravy.

Evening all, my best guess would be the age old lack of news flow (not even so much as a lesser-spotted LJM puff piece), combined with no financial calendar being adhered to and possibly those just getting their quarters mixed up expecting news a month too early. Once it starts dropping, then others pile in.

I don’t know, why not?

So, with the SP dropping back again for no apparent reason (despite CPO Rotterdam still around $760), I thought I'd do some research in to a phenomenon that I've noticed previously with DKL. Namely, that the SP drops back approximately one month before the quarterlies are due (in April/July/October/January).

Completely useless information, but here are my findings with the closing SP from the 10th-20th of each month prior, with the closest date possible either side for weekends. Bearing in mind that, as always here, there is virtually zero newsflow.

September 10th 2019 - 2.55p
September 20th 2019 - 2.4p

June 10th 2019 - 3.7p
June 20th 2019 - 3.02p

March 8th 2019 - 3.25p
March 20th 2019 - 2.875p

December 10th 2018 - 3.55p
December 20th 2018 - 3.075p

September 10th 2018 - 4.7p
September 20th 2018 - 4.05p

June 8th 2018 - 6.75p
June 20th 2018 - 7.15p

March 8th 2018 - 10.3p
March 20th 2018 - 9.65p

December 8th 2017 - 9p
December 21st 2017 - 9p

September 7th 2017 - 12.125p
September 20th 2017 - 11.75p

June 9th 2017 - 13.19p
June 21st 2017 - 12.25p

March 10th 2017 - 12.375p
March 20th 2017 - 12.625p

December 8th 2016 - 11.625p
December 20th 2016 - 10.75p

September 9th 2016 - 11.25p
September 19th 2016 - 10.65p

June 9th 2016 - 12.9p
June 20th 2016 - 13p

March 9th 2016 - 12p
March 21st 2016 - 14p

Now $760, still falling.

Rotterdam price up to $750, SP still falling.

Morning both, I'm expecting another tick up shortly here as CPO is up to $720 in Rotterdam, thanks to Phil's excellent chart.

Fk1, my eyes glaze over as soon as DKL and dilution are mentioned in the same sentence!

https://www.youtube.com/watch?v=iRaEZI6BHLg

Two articles of note:

https://renewablesnow.com/news/dekel-agri-vision-green-enesys-to-develop-solar-biomass-hybrid-in-ivory-coast-678676/
https://renewablesnow.com/news/ifc-signs-deal-for-60-mw-of-solar-projects-in-ivory-coast-676772/

No idea about methane gas, but there's certainly a lot of hot air released in these DKL RNS's.

As fk1 and others have noted, they need to keep their eye on the ball. CPO prices back up above $700 after falling back last week, good. Construction of cashew factory appears to be on target for H2 2020 (according to a tweet on DKL feed last week), good.

Re options, they just create new stock out of thin air whenever it is required in any case, but another example of one step forward at 7:00am, two steps backwards with second RNS at 7:01am.

:)

As so often Phil, with the DKL share price, nothing makes sense.

We are the opposite of petrol/diesel prices being passed on to customers at the forecourts. We fall like a stone and rise like a feather. We have dropped 80%-90%, but now need to rise 400%-500% to get back to the same point.

Any increases are soon halted by dumper dude or profit taking. This current 'rally' to 2.4p has only got us back to where we were when the mysterious seller decided to dump at the end of September.

On the positive side, we are now moving in the right direction again, but the SP is a long way from where it ought to be.

What a pity the Norpalm deal fell through! :)

Morning FK1, CPO is up again to $688 in Rotterdam and 2 year highs in Malaysia around $635, so that's all looking positive.

The wild swings (in percentage terms) are due to the hammering of the SP over time. A rise of just 0.1p now being 5%. It should keep us in the top risers charts for a while though.

Latest puff piece - https://www.youtube.com/watch?v=yWNU6pxK39w