Member Info for philpot1001

Few nice buys coming in to save the day FK ;) Potential approval of the puff guff? I've not heard it yet

Tiny sale seems to have dropped the bid significantly, also bid seems to have been dropping off the back of repeated buys.... big hidden sale looming?

Well ATM it's all a bit of guess work and estimates, I guess time will tell.

I was merely alluding to the point, whilst we can see an anomaly in the figures we do not "know" what he cause is without all the underlying data, its conjecture. We would need to speak directly to LJM for that in my opinion. I think it's highly unlikely the BOD would sanction illegal cooking of the books, especially is such public domain data.

Folks claiming this and that as fact without knowing what's actually happened is fool hardy. Id agree it's a worthy query for the BOD, so let's get the answer from the horses mouth

Looks like someone's offloading a lot in 9.5k chunks

It's normally RNS'd if it goes over a voting threshold (Think it's 3%) , if it's under it won't RNS ..... I think that's right ?

Fk if it was Miton I think they would have to RNS if their stock level dropped below a certain threshold, on the basis they had to RNS when it went above it.

Totally JK!! I was saying this the other day, we need a financial calendar they stick to rather than this aimless meandering and drifting of dates.

They compounded matters by giving it the billy bullsh:t at the interims. They really need to learn that trying to deceive the market never pays off. That said I don't think too much has materially changed.... yes profits have taken a slight knock, but at the mo I see this as a buying opportunity..... if next year production was down too then I think we have a potential problem. On the flip side If the looming Q4 numbers were to recover to more than 5000 then everything is golden as far as im Concerned.

I've been on other forums and a lot of people are pretty peeved about the interim statement that everything was groovy a couple of weeks before the Q3 numbers. To the point where a lot of these sales going through at rock bottom are them bailing and crystalising losses. I think he needs to be seen to accept that was an error.

It's going to have to be one hell of a puff piece

Also if we can get confirmation of the flow rates in Nov, whilst they maybe not what we are hoping for, it should remove some uncertainty.... and that hammers share prices.

At least if they are locked in and still holding they have captured the MYN rise. As ever it's guess work though. Mind you Bermondsey said the purchase was captured by MYN RNS (I couldn't find it though), as such if they had sold it would surely also be RNS'd over there?

looking back through 2016, the Q3 numbers were very similar to the Q4 numbers, making the same assumption this year (which I see as potentially conservative), that would put our expected total 2017 numbers to be ~36,300 t, about 8% less than 2016, and circa 2% greater than 2015. Considering these are El Nino affected numbers, I don't see this as a disaster that's being painted by the SP!

Looks like I copied the wrong report lol, cheers JK

TT - here you go: Company news DekelOil Public Limited (LON:DKL, 12.25p) � Speculative Buy The operator and 100% owner of the vertically integrated Ayenouan palm oil project in C�te d'Ivoire, yesterday announced its interim results for the six months ended 30 June 2017. It reported a record H1 performance due to stronger pricing and the increase in Crude Palm Oil ('CPO') storage capacity from 5,000 to 8,000 tonnes, which enabled the Company to sell CPO at a premium to international prices. A 22.6% increase in revenues to �19.6 million for the period (H1 2016: �16.0 m), included sales of CPO, Palm Kernel Oil ('PKO'), Palm Kernel Cake ('PKC') and Nursery Plants. 26,947 tonnes of CPO produced in H1 2017 (H1 2016: 28,550 tonnes), failed to match record Q1 like-for-like production, having seen Q2 volumes hit by now rectified mechanical issues during May and June. The overall impact on CPO volumes produced during the half year was limited to a shortfall of 1,603 tonnes and management are working hard to ensure similar issues do not occur again. Coupled with stronger CPO pricing, however, DekelOil achieved a 30.4% year on year increase in average CPO prices to �707 per tonne in H1 2017 (H1 2016: �542/tonne), a 5% premium to average international level of �674/tonne during H1 2017. This resulted in a 19.4% increase in EBITDA to �3.7 million (H1 2016: �3.1 m) and a 33.3% increase in net profit after tax to �2.4 million (H1 2016: �1.8m). Importantly, this demonstrates, Ayenouan's cash flow generative credentials. Having built up a track record of significant revenue and profit growth, management are confident enough to embark on the next leg of DekelOil's development, one which involves using Ayenouan as a platform from which to fund the Company's transformation into a multi-project palm oil producer, while at the same time rewarding shareholders through the adoption of a progressive dividend policy. Major progress has already been made on both fronts. In July, DekelOil announced the formal commencement of operations at Guitry, its second project in C�te d'Ivoire, in which it holds a 100% interest. As with Ayenouan, the plan to develop Guitry into a vertically integrated palm oil operation including nursery, company-owned estates and a mill producing CPO from FFB grown by both the Company and local smallholders. Secondly, earlier this month DekelOil paid out a maiden final dividend of 0.17 pence per ordinary share for the year ending 31 December 2016. Our View: Impressive stuff! The first half of 2017 saw DekelOil acquire 100% of Ayenouan, further strengthen its balance sheet, pay out a maiden dividend and report record sales and profits. There is clear momentum behind the business, both at the operational and corporate level and Beaufort expects this to be maintained going forward. Having proven its business plan, management is now keen to roll-out its vertical

I should add on the Beaufort release - "For what it's worth" .. as I think we're all agreed they are somewhat rose tinted ! Mind you they probably have a point to a degree

Beaufort have released and it basically says the usual, it's a minor hiccup, usual and to be expected but doesn't affect anything. Yeah i would agree from what I've seen every 5 years give or take sounds about right. Be interesting to see what they come up with to mitigate it.... seeing 9.5p here is nothing unusual TT, it's happened before and may happen again. I still believe this is a market over reaction to something that's, as you've said yourself, is to be expected now and again.

PS sorry one last thing TT, I think your conclusions this year is now an average year is a little OTT, we know it's as a direct consequence of el nino, are you saying you expect an el nino every year? I think it would be fair to declare they are becoming more regular but they are still typically on average every 3-7 years. I think far from being a PR puff piece I think it's prudent to mitigate for these harvest dips.... quite what they are proposing to do to mitigate is another question entirely..... I'm stumped there.