HUGE PROSPECT ON D1 OILS

D1 was originally established in 2002 to focus on the development of a portable refinery technology to produce biodiesel for the UK transport industry. During this period, it was concluded that the high cost of rape seed oil, the main feedstock for biodiesel production in Europe, renders its use commercially unattractive. As a result, D1 explored the economics, suitability and yields of a variety of specific energy crops. During 2003, jatropha curcas was identified as its feedstock of choice and the focus turned to securing output from jatropha plantations.

Jatropha was selected as D1's primary energy crop due to it's high productivity, durability and longevity. Jatropha trees can be grown on marginalised land and are durable to the elements. Furthermore, jatropha can grow in areas of minimal rainfall, although it grows better in areas of higher annual rainfall. Jatropha trees produce nuts, which contain oil, for an average of thirty years and generally have their first harvest within two years of planting. Biodiesel refined from jatropha oil complies with EN 14214, the current European standard for biodiesel. Biodiesel meeting EN 14121 specification is an approved blend when mixed with petroleum diesel.

D1 is now commercialising its D1 20 refinery able to produce eight million litres of biodiesel per annum and will utilise jatropha oil as its main feedstock. D1 believes it can maintain low production costs and produce consistent, high volume quality output through sourcing existing feedstock supplies, cultivating new yields of jatropha on existing plantations and setting up D1 20 refineries regionally. D1 is working with highly regarded agronomy and biotechnology research and development facilities in India and South East Asia and is participating in the establishment of nurseries in a variety of locations in the Asia Pacific region. These nurseries will test imported jatropha seeds against indigenous varieties to determine which will grow best under a region's climatic conditions. In addition, D1 has recently acquired the rights to a proprietary growing media which targets the specific nutritional requirements of jatropha.

The global market demand for biodiesel is growing. International energy and environmental policies have helped to create a demand for biodiesel which is estimated to reach at least 10.5 billion litres by 2010 in the European Union alone. Based on current capacity, feedstock availability and positioning in the market, the global production of biodiesel is expected to reach approximately
3 billion litres by 2010, less than one third of the projected demand in the European Union.

D1 Oils aims to become a global, sustainable, low cost producer of biodiesel and supplier of crude vegetable oil used in the production of biodiesel. To reach this objective, D1 will manage its operations regionally, securing plantation rights and establishing refinery operations in each region, thus controlling aspects of the supply chain from seed selection through to the sale of biodiesel to end customers.

To this end, D1 has established four regional operations:
UK (Teesside and London) South Africa (Johannesburg) Asia Pacific (Manila, the Philippines) and India (New Delhi).

up 47.5p this am...still looking cheap considering its potential to replace petroleum.

So, hlyeo98, cut and run or hold fast? I was tempted to sell out high with plan to buy in again lower down.

SP held up not bad on a down day for all stocks it seems and when one might expect a bit of profit taking after such a run. But some serious buyers out as well from time to time.

Safest route is to bank the 182% profits to date and be happy. I bet there will be lower prices to make it worth buying back in one day in the future, or higher ones when production more developed.

Your views requested!

SD

If I were in your position,I would take my profits because the rise has been enormous and you and hlyeo98 seem to have been almost alone on this thread,which makes me wonder who has really been participating in this.The share price is ridiculous considering what the company has yet to prove.Is it a tree shake..only you can guess!!It's a pity that you did'nt get more support on this thread,but at least you have made a good profit and proved that you have nerves of steel.There will be plenty of opportunity to follow this one in the future,now that the sp has proved volatile there will be lots of followers buying on news.United Arab Emirates next??IMHO of course.Do not want to influence you just give support.Ethel

Hi stockdog...the nerves has got me today. I sold and hope to get in at a lower price. What do you think? Please advise.

Don't feel bad hlyeo98 better to sell with this nice profit rather than watch the sp plummet,and you say to yourself afterwards,"why was I so greedy?",which happened to me last week.Saw half my profit wiped out in a few hours.Then sold.Damn.I was hanging on,but the price has to adjust after such a fast rise in so short a time.I don't know what will happen tomorow or in the next days,there may be time to sell,buy and sell but then the price has to adjust downwards UNLESS there are new contracts...then the sp might go crazy,who knows,it's pretty strange at the moment...we're all gambling.Ethel

Thanks, Ethel for consoling me. I will kick myself if this shoots upwards tomorrow. Good luck

Fear and greed are the drivers. Although, in all fairness, my stake is not big enough to motivate these emotions in purely financial terms. But I sure as hell want to have played my cards the best way just for the fun of doing it right.

I think I am coming to the conclusion that a general policy that the strong first run up to dizzying heights of any share should be sold at the first significant sign of hesitation is likely on balance to be the way to go. It'll be available to buy again at some level if it merits it. So I'm a day past that policy.

This would have worked for ASC at 88p last year, SEO at 17p a fortnight ago and DOO at 500+ today.

So tomorrow at 8am I shall be watching and waiting to see which way it goes.

SD

Probably a good policy Stockdog. I just worry a little about if it shoots up after i've sold and I never comes back down again. I would then miss out on such an opportunity.

tallsiii - then just be happy with what you got and put the money in another short term winner, or you will gnaw yourself to death from the inside.

they do say running your profits is the hardest bit of the game.

it's difficult to compromise the buy and hold for life on good fundamentals attitude with the innate trader in each of us who also wants to sell on the peaks and buy on the dips.

here we go again - watched and waited at a very nice 500 bid level this morning - transfer from home to office and what do I find - down 10% again and falling.

I am treating this as Human Phase I test, prior to applying to the regulator for a licence for my patented method of stare at the headlights - do nothing!

SD

Buyers coming in now at 470/5 bid.

Maybe we're starting to see a litle support at the 450 level where the chart paused on the way up.

Whadda wabbit!

SIT, boy.

SD

Yes it did the same thing yesterday. It just looks a bit like MM tree shaking to me.

I am in this one for the long term.

Tallsii

So am I it now seems - tallsiii!

SD

I might enter if it goes down under 400p

Well, it's working well with its sister BFC today, so I am happy for a year or so yet between the pair of them.

Looking forward to 10 during 2006??!!??

SD

Up nearly 14% back to 500 bid today keeping pace wiith running matge BFC also up 14%.

Good day's work. Looks set to go higher next week, since we finished strongly at pretty much today's and defnitely at this week's highs.

Difficult to judge when to try to attempt to gracefully dismount this particular pair of tigers!

SD

Hi Stockdog, congratulations on holding on. I have dismounted DOO but still hanging on to BFC. Good luck!

hlyeo, I haven't really done the analysis, but I agree with your 400p limit buy on hunch mainly. It's very toppy just now but only because it has not done any operating profit projections such as those done by BFC which themselves are quite unsupported by any transparency of calculation on the 14m or 30m op prof.

I ought to sell out at 500p with a big smile, having failed to last time at 540, but I think there is a bit more to go next week. I think I will just set a tight trailing stop loss of 10% and sell if it falls below there. Or, if it goes up vertically on Monday I'll sell there, or I won't. They do say letting your profits run is the hardest bit. When to sell, is there a simple book just about this one subject?

Imagine in 2 years time, everything happening as planned, what then would be the price - at least 10, maybe more like 20. That's still a great return of at least 40%+ p.a.. Of course, betwixt bean and family sedan there is many a failure to meet forecasts. The SP must be very vulnerable to the slightest adverse comment at its current dizzy height.

There's an old saying - leave some profit in for the next person. Perhaps, one should wait till a share reaches a pre-determined profit and then sell regardless of the future, happy that it has contributed more than its fair share to your annual growth target. My humble target is 26% p.a., almost exactly double every three years - 0ver 15 years that is 2 to the power of 5 = 32 times - from a few 10k's to a million plus, enough to retire on - much more effective than taking the 40% tax credit and putting it in a managed pension fund at 7.5% p.a if lucky. Roll on April 2006 when we can all have SIPPS as well as vocational pensions. Then we will get the 40% tax credit and the efficiency of managing our own investments (as long as you DO NOT invest in the house you live in!)

Hey ho, the whole weekend to ponder on it.

SD

>> SD 26% p.a. does indeed seem a modest target. Mine was 30% for this calender year and I am over that already and thinking of revising it to 100%. I know that is sky high, but this is a bull market my friend, a bull market (or maybe just for the shares that some of us are in). If you turbo charge your performance for a couple of years, you should be able to set much lower targets in the future!

rgrds
gk

Agreed gallick

I actually have a 75% p,a, target for a fastbuck fund and 12.5% for a very boring value fund built up over the years from profits on the fastbuck fund. This averages out to 26% overall. As the fund gets larger I don' think one can take sufficient risk with enough of the fund to kee p gettinig 75% returns. So that part becomes a smaller share of the total fund at it grows etc . . you get the picture.

Anyway, any stock that mor tahn doubles in a short space of time is a hea of that target - cash in and be happy, or go for more - one of life's dilemmas.

SD

Always tricky that one SD. If a share doubles then you can always cash in half and have a free ride with the rest. Then of course if the share continues to rise you kick your self for not staying put. It is funny (or perhaps strange) that somehow it seems more painful to miss out on growth you could have had, than any loss you actually incur.

I have lost count of the number of stocks that have soared after I moved out of them - I think after a while you learn about patience in this game.

rgrds
gk