Member Info for philpot1001

If MXO havent turned a decent profit this year, i may well go to the AGM and kick off as I'll want to know why and where the money has gone to.... If we do turn a profit, this SP should bounce, even without a CPR

buys have pretty much dominated since the ISA & BED affair, yet SP has barely moved. How annoying - and typical lol.

Agreed FK, hopefully we won't have to wait too long until we get the prod figs.

I would say anyone that thinks a changing western demographic / market has no impact on producer, is a bit naive. On here most of us are investors, not day traders, and as such we tend to openly discuss any impacts on DKL, positive or negative. I think DKL are mitigating the concern by chasing the RSPO, but I still think it's an article that's relevant for discussion

As long as the results are ok, and looming, i would say a buy back at this point isn't necessary. They should be due soon, IMO the sells today are impatient people who were expecting the RNS at 07:00 .... but truthfully who knows. Regarding the Iceland article and RSPO, I've always said this company needs RSPO, now more so than ever, western consumer markets are becoming more and more environmentally conscious, and palm oil has a pretty bad press thanks to some of the Asian growers. If DKl can lift their head above the herd with RSPO it could be a good marketing tool IMO (aside from the environmental reasons for getting it).

sorry H&N, I may have been misleading with that iceland post, I was merely alluding to the fact Iceland play to the environmental concerns of the consumer, and I also have a pretty strong environmental conscience (I personally think a lot of UK investors will too, so it may be putting some potential investors off). I don't think it affects DKL business directly very much though, if at all. Like you say it seems a slow process, although I would like to see RNS from DKL occasionally just updating the status. anyhoo, its seemingly looking like 2020 is a likely date, so ill see what happens around that date.

just found this...........apparently the accreditation is likely to be 2020 https://www.rspo.org/file/acop2015/submissions/dekeloil-ACOP2015.pdf

? I'm not talking about price, I'm talking about environmental concerns. One of the main reasons I invested here was it was garnering it's ecological credentials, if they failed to get the RSPO accreditation I would personally probably sell from environmental principles.... that said I'm still hopeful they will get accreditation, but the delay concerns me.

http://www.bbc.co.uk/news/business-43696948 this just highlights the need for DKL to sort its RSPO accreditation out! Its been years now since the accreditation was "imminent", and one of the main reasons I was happy to invest here - if its not happening, then I have to ask myself why?

Thanks for the response fundy, good to see another bottom feeder on here topping up on the dips. I added at 9.7p but certainly not another 80% haha, I'm already slightly in higher than I planned. Regarding divi, i have mixed emotions on this... they declared a progressive policy, so the p/share could increase this time.... however, this is still a very young company, that also has debt, so I would be happy to see the divi remain, and the profits either used for expansion or reducing debt. Any outcome is good with me, if we keep seeing annual increases in profit.

just out of interest fundraiser, how did you hear about DKL? Just wondering where all this latest interest and buying has stemmed from, was there a recent article pushing DKL which we have missed or something? Or have you held ./ been watching for a while?

Holy moly I'm in profit..... I'm.getting vertigo

11p summit has just been reached !!!

Keep the faith FK ;0D

"If" we can get to the 11p resistance without results, I'm fairly certain it will break easily on receipt of good results. From there on in it's a matter of consistency, history shows us any blips will probably result in a roller coaster dip.

I know fundraiser.... I've been in here for 2.5 looooong years lol ;-).... when I first got in the SP neared 18p (well 1.8p in old terms) Hopefully this year we can get some consistent results and the SP can finally push up a leg convincingly.

looks like the SP is in danger of approaching 11p before the results.......good results should see us well over 12p if they are anything like what we are hoping for. Fingers crossed peeps

Keep the info coming 0308966! Be interesting to see what price Panoro get if they do offload.... that will probably be the best guide possible to our true value (assuming PEN don't sell under duress)

My only other question is...... how do I become a MM ;)

It's gratifying to see the SP rising back up over 10p before the actual results. A good set should see us topping 12p again.