Member Info for jk400

Doesn't seem to be any news about re yesterday's EGM?

Yes, what has always been a long term investment has now become a very long term one.

The annoying thing is it's always retail dumps of < �1000 that's sending this tumbling. Norpalm news could be transformational, but not holding my breath. blue2guit, I'm holding at 12p, so 7.5p is dreamland!

* thin air.

Hello all, the thing with Norpalm is that if it's announced that it's not going ahead (which we're all assuming in any case), surely the market would react negatively to that? The board will never buy in the market as long as they are able to magic shares out of this air. I'm not topping up here and/or averaging down as I'm already in too deep. If I had dumped half my holding (like Phil!) I'd certainly be topping up at these prices. As it is, I'm happy to continue to hold at 12p. It was a bargain then, even though it doesn't look like one at the moment, but it's only a month ago since those heady days where it was impossible to buy this at 11p. The Iceland story the following day didn't help ahead of a poor set of Q1 results.

https://www.share-talk.com/share-news/dekeloil-plc-aimdkl-interview-executive-director-lincoln-moore-2/ Nothing we don't already know, but always worth a listen.

Reiterate buy recommendation. "DekelOil's production update shows that despite a strong rise in output on Q4 17, the softer overall environment seen in Q2 17 and Q3 still prevails. With the Euro Dollar rate creating a pricing headwind we are reducing our forecasts and our target price falls to 22p from 26p. DekelOil has still been able to achieve a modest price premium to international prices and PKO production and pricing have remained strong. The pricing environment is improving in country and a major new customer helps in this regard. We see room for improvement and there remains strong value in our view. We reiterate our BUY recommendation."

@dbentley, agreed and the appointment of Mr Bernard Francois last week will, with his experience, hopefully iron out these issues.

A terrible day if you're pumping and dumping, but just another day at the office as a long term DKL holder. The excitement of 4 days ago seems a long way off now. I have changed opinion from strong buy to weak buy.

philpot, sad to see you leaving, you have been a long time supporter of dkl. Pleased to see the dumping (so far) is just small retail amounts.

@fundraiser222, as we thought then, pumping/dumping. Good riddance.

The quarterly results have been released later over the last year or so. The average being 15.3 days after the end of the quarter. Previously, this was 6.3 days after the end of the quarter. This allows 'forward guidance' for the start of the following month, i.e. 'window dressing ala Mr Gok Wan', quote courtesy of FK1. It should also give enough time to check the figures are correct, we do not want another repetition of what happened with the Q3 figures last year. Q4 2017 16th Jan 2018 Q3 2017 18th Oct 2017 Q2 2017 18th Jul 2017 Q1 2017 10th Apr 2017 Q4 2016 17th Jan 2017 Q3 2016 13th Oct 2016 Q2 2016 7th Jul 2016 Q1 2016 5th Apr 2016 Q4 2015 6th Jan 2015 Q3 2015 6th Oct 2015 Q2 2015 7th Jul 2015 Q1 2015 7th Apr 2015 If you are going to be a long term holder of DKL and not just pumping/dumping, then patience is required with this stock.

They’re not delayed, if it was this time next week, then yes you could say they are late.

The devastating effect of palm oil production in SE Asia shouldn't be news to any DKL shareholder. If it is, and they are dumping on the back of this, then they clearly haven't done their homework in the first place. Although that article will have an effect, remember we saw heavy profit taking yesterday afternoon, and this would appear to be a continuation of that. It's a case of jam today though, if the Q1 figures are anything like what we are expecting them to be.

Edit: Now 11p to sell

At one point an hour or so back, it was impossible to get an instant buy quote on DKL. Dummy sales (even of dumper dude esque levels) at present being quoted 10.7p Still daylight robbery for anybody buying in that these levels. All good, dyor.

The second nursery at Guitry is more key. The last we heard, the equipment is on site and currently being installed (irrigation, etc.). The scale of Guitry should make Ayenouan 'look like picnic'! "We believe Guitry in time has the potential to become a much larger and more profitable operation than our successful project in Ayenouan" - LJM in the RNS upon formal commencement of second project, July 2017.

fundraiser222, it would be more surprising if shares weren't being produced from thin air and issued in lieu, this is the normal procedure! Separately, we've seen before with this stock that with a lack of liquidity and the SP skyrockets very quickly on positive news. As long as we don't see a dumper dude like scenario, with the Q1 results, this should start to move very rapidly indeed. DYOR.

Morning Phil, possible but on recent form, unlikely for another fortnight!

Happy to hold still here at 12p. It's like we've said before, there needs to be more regular news flow to stop this backsliding on lack of news. When positive news does then appear, the market never adjusts more than 10%-20%, so we only ever end up back at circa 10p-14p, not helped by dumper dude ready and willing to take a quick profit. dbentley's 20p is a realistic value. DYOR.