Geez, thanks for "advising" me to sell. That's some really great "insight" on how the 8.8 million in quarterly cash flow magically became annual cash flow, liar. Rule #1, don't post lies when giving "advice". Makes you appear to have a view that isn't "objective". Newflash- no one here is terribly concerned about shareholder equity, the opportunity is this company lowering SG&A and making a profit. Shareholders equity will be the last thing on investors minds if this company comes through with 70 million off bottom line expenses. Unbelievable that you bashers still don't get it. Hardly worth the effort to post when you "deep thinkers" get to posting. Could it be anymore transparent that you are either a competitor or an ex? Are you that dense that you don't see it?
Duckfluffer, you are wedded to Danka tighter than First Cousins in Arkansas.
Who's opinion carries the day here? Yours? You slapped the old Duckfluffer "Strong Buy" on this as it has slid towards oblivion. How long have you had this opinion now? 5 years? Farther? When was the actual wedding date?
You see the sign of a thinking individual is one where they can change their mind when contradictory evidence presents itself.
Do you need any more overwhelming contradictory evidence of the fact that Danka is "Strong Buy" now that you've had the chance to fully absorb the last financial report. I have to wonder if you actually read the announcements. Who wants to think bad of their mate?
That report would mark a full seven years of revenue declines combined with a savaged Gross Margin combined with huge write-offs combined with disclosures to the SEC saying "We don't know what the f*ck we're doing" combined with our CFO is "retiring" combined with we lost gobs of money, again.
Oh yeah, I forgot, that's what a Strong Buy looks like. Damn, I nearly forgot.
In case you weren't paying attention over the last 5 years this stock has visited 5 dollarinees 4 separate times, been over $4 on 6 different occasions, and has been below 2 dollars on 6 separate occasions. Hmmmm, ya think over that time frame some money could have been made. Why do you trade securities? Or do you? I'm loving strong buy on this stock at $1.30, and if you do this to make money ya might wanna think about it. My guess is you aren't here to make money. Right? You can admit it. Might make you feel better.