Member Info for rugs

know why the price has dropped so much in the past few sessions ?

I don't know. what they do now but a few years ago Norpalm was trying get more farmers to switch to Ternera from Dura. Back in the 80-90's I used to ship in compound ferts and straight nitrogen but back in those days it was mainly for the tobacco industry. Things changed when Norsk Hydro or Yara started taking more of an interest and oil palm became a bigger user of ferts.

Probably all the headers......

TT. You are correct, exporting bunches is really a no-no. Cussons used to buy virtually all of Norpalms CPO so I would guess most of the low quality fruit would go into their soap business anyway. Don't know what happens to current production but expect most still ends up with Cussons. Probably makes sense to have one major buyer and a number of smaller ones. In the CI Dkl has SAR as its major buyer taking close to 70pct of its output.

was anxious to get rid of their shares, accepting way below the generally -accepted range. Still believe prospects are bright for this company.

is fascinated with trading 400 share parcels. More than 10 in 15 minutes earlier today.

Phil/a-2-b Think Norpalm recently processed 80000mt of bunches giving them 13000mt cpo and 1750 mt pko provided I am reading my old notes correctly.

cancelled today. I would vote for George. Great player especially when with Milan

So why has the market marked the shares down this morning ?

Nice buy a-2-b. We need you to do a few more that size..... Hopefully DKL will not go the way of Sphere. By the way Del/Jl now posting on advfn. rgds

You are correct. Benso/Bopp owned by Wilmar. Took over the Lever stake. Still have a Billon on the management and his family, through Parme, are the biggest shareholders in SIFCA in the CI.. Wilmar's smaller stake in Sifca with Olam is through Nauvu. It's all very incestuous....

I hope so Cat as I too bought a few more early this morning. Too early it would seem as the price has fallen further !

Exactly my thoughts Jk. I find it preferable address 'negative' questions towards LM. Really see no point in constantly posting criticism , sort of '******* in the wind' to my mind. There is no doubt that DKL has had problems and has not addressed the issues in the way most of us would have preferred. Given that we are not expecting great news on 4th quarter production I think it all comes down to how well, or how badly, DKL performs in the first few months of 2018. They have the apparatus in place to achieve record numbers but cannot afford any more production or supply problems. My average purchase price is slightly over 11p and I think I might get this down a little by buying a few more shares if I can get them close to 9p.

Josh I have been waiting for 2 months for Barclays to transfer all my shareholdings to my new provider but although some of the shares have moved across some are still waiting to be transferred. A word of warning, although you can still trade your shares with SI, if you do so the FNZ ( who SI are using to effect the transfers) will then have to send a revised valuation to Iweb and so you join the back of the queue each time you trade. The other point that bugs me is that I have a fair amount of cash in my ISA and SI refuses to transfer any of it until the account is finally closed. If you also should have any shares that are presently suspended this will also delay the process. B***ARDS

What you say is correct of course but KLK want to diversify their supply and not be just reliant on SE Asia. They have put a fair amount of money into this investment and can easily afford buy out the other 40pct they don't own. I bought in at under 1.5p so have more than doubled my investment but am somewhat embarrassed to admit that it was the ticker that caught my eye. I support Palace !

I believe a 20pct drop in share price is an over- reaction so I have bought a few today and will watch what happens....

TT I am making a nice profit on this share so please don't bring down the roof....... It is, as you know, totally dependent on KLK. and I hope Tan Sri lLee Hian decides to just take it over if and when it starts up. Rgds

Chap over on advfn reckons he has sold his last 100,000 at 9.10 we really do need some good positive news quickly....

over the identity of the major shareholders. Link summit ltd seemingly unknown.Infinity is BVI registered with no directors shown and Belldom was dissolved in January this year. And somebody seems to have bailed out at the first opportunity. Could be a success but, at present, not for widows or orphans until ownership clarified.

Am just back and reading all the many posted exchanges. JK. I think Lincoln was concerned not to let his eyes drop too far on Katie.....