Member Info for philpot1001

Sorry mean £1 then £2.4

1.80p all time new low? Must be close. Fair play I can pick em.

Turned down Covid treatment co SNG at 1p first thing today, now at 2.4p... shoot me now.

The 1.96 is an unknown, could be either. My guess is buy and given a discount for buying sizeable bulk

difficult to pin down what trades are what right now. tried a dummy purchase of a grand and was offered 1.99, tried the same as a sale and couldn't get a quote. Looks like the SP has taken a leg downwards, which is strange as CPO is up recently. Implies to me the SP is in danger of losing the linear trend link to CPO its enjoyed recently. Hopefully it reattaches (for better or for worse), until DKL finally pull their pants up and start increasing production levels over and beyond historical levels......at that point I would gladly see a break in linear trending of CPO as it should be upwards!

Being honest RedRoy I stopped that monitoring a long time ago. There was just no real correlation I could make out. In the end the explanation of cyclic palm yields was as believable as any - but I don't think there's enough experience to determine the frequency of the cycles as yet.

You could also flip it on it's head as a positive in that with the in house plantations being so small, with investment they should be able to grow them significantly? Either way Knowledge is key here, but DKL always seem to keep it close to their chest for one reason or another (although in fairness if you badger Lincoln about it directly he seems quite forthcoming)

Hey Rugs,

Yeah like I said Lincoln did say the home estates were small fry compared to small holders. It's fair enough, but back when I first invested we were considering Guitry etc potential to give us a significant volume boost. Obviously fertilizer programme is now the favoured route, but I don't think we can have too much information here. I would really like to see the prod figs broken down into small holder & home estates. And some metric for fertilizer programme (only one I can think of is mass provided to small holders).... just giving us no info and expecting us to sit tight for years while prod figs sit steady with no growth is deterring investors IMO.

You and me both Dropside, I've been banging on for years aboutbrequiring details of company owned estates. That said, last time I queried Lincoln told me they were much smaller than the volumes from small holders - hence they were concentrating on the fertilizer scheme for small holders....

But I would like to see quarterly breakdowns of company owned estate numbers, and volumes of fertilizer distributed.... but I doubt we'll ever see it.

Thanks dropside, I've been a bit busy today so not had chance to trawl RNS thoroughly. Looks like that pesky Covid screwing stuff up again then. Either way fingers crossed for '21 turn around

Sticking with positive mantra CIF ROT CPO is up at 630 bucks, been reflecting crude oil gains pretty linearly I think. Just hope USA can get their infections down, should fly then.

although they did say end of 2020 for cashew production start back when final production results came out in Jan 2020. Cant recall if it was declared why the delay to April / Q2? Anyway I am trying to concentrate on being positive here, and fantasising of actually achieving of some profit in 2021

I do question why they were specific about April 2021 in prior RNS and now it's Q2 2021... but hey there may be nothing in it. Mind you a slippage of a few weeks isn't going to excite me too much, fingers crossed they press the on switch April or early May . Be very interested to see what capacity the cashew plant runs at out of 10,000 T in it's first year. Anyone got a predictions (I don't think it's been postulated in an RNS?)

PS excuse the typos, my eading eyesight is becoming awful lol. Avoiding opticians for a while until plague sods off.

So today's announcement effectively amounts to a 4 week delay then (previous estimate was April 2021). Are they saying it's due to customs? Shouldn't that ha e been expected if it is that, or is the 4 wks overly onerous compared to normal?

Just been brought to my attention the AGM isn't in UK this year, so I'll miss it (again). Anyway, if Lincoln reads this, it would be nice for some transparent info on where the fertilizer programme is at. Thanks.

Been thinking, I would like to see a specific dedicated RNS describing in detail the fertilizer programme. It seems to me to be the major platform expected to give growth in the CPO market, but currently the info is sketchy at best.

I'd like to see details on dates when the programme started, initial uptake, current uptake of small holders, current mass of fertilizer delivered in tonnes / yr and what they expect the end game mass of fertilizer tonnes / yr to be at maximum uptake. At least that way we can assess it's effectiveness and whether we should be seeing any benefits yet or not. If I attend the AGM I may bring this up.

Well at least it was a (fractionally) positive EBIT. I had it down as a slight loss, so I'm happy relatively speaking. Still not great though... having said that neither is the SP so it's probably reflective.

My main query is what metric is being used to verify the fertilizer programme? Bearing in mind the CPO levels have so far DROPPED as far as I can tell since it was introduced? Someone correct me if I'm wrong there as I can't recollect the exact date it started.

or you could look at it the other way around and say malnutrition wasn't going to kill me, but was a hinderance - and Covid tipped me over the edge. You say potato etc....

For $43 / barrel this SP is way undervalued, so I would say investors are holding off for your second wave philosophy. However if there is a 2nd wave, could be months off.... if that's the case I would say people will get bored of waiting and end up piling in (especially if it keeps trickling upwards).

Having said that, if a 2nd wave hits in coming weeks everything will tank. Pays your money, takes your choice

Lol FK :-D