We would love to hear your thoughts about our site and services, please take our survey here.
Growth of the Lim family fortune. Certainly not dividends or share price....
knows what has caused the slump today ? Surely nothing to do with SVB.
Db. Unfortunately I can only agree with you.....
We really do need some positive news although there is not much further the shares can fall.
Both my limit buys today have not been covered, have just missed the boat ! rgds
db. was not directed at you specifically but I did feel you were wrong when you mentioned LM not paying for any/many purchases. Records show that between Dec 2018 and Jan 2021 he bought some 3.85m shares at an average of over 4.5p
However, as you know, I have been in DKL since early 2014 and am as frustrated as you are at all the problems they have faced. I just cannot bring myself to sell and crystallize a big loss.
rgds
I talked to Lincoln. What follows is an assessment of some issues raised.
DKL acknowledges harvest levels for FFB have been disappointing recently particularly as it looked promising late last year. The continued high prices and good extraction rates have helped this year, as they did last year, so overall the CPO results are okay.
It is too early to know what this season will be like for FFB as the past 18 months have shown significant seasonal variations but it will be clear when they announce the quarterly CPO figures around 10 April.
As far as Cashews are concerned there have been equipment delays with the shelling machines from Italy. DKL proposes release its first quarterly RCN figures mid April and then hold an investor conference call to explain what has been happening. As an aside it appears that the quality of the nuts that have been exported was good and well received by the initial customers.
DKL is well aware of the frustrated posts here, some of which I feel are unjustified, but knows it has to focus on the issues of FFB and overcoming the problems with cashew equipment.
Headder. The only change I have noted since last year amongst major holders is NB reducing to 49.7m from 53m