Danakali Ltd T.DNK

DNK well positioned

[philter]

With huge reserves coming on stream and resulting low prices, along with governments around the world mandating reduced emissions, NG is becoming a hot fuel for vehicles especially intercity, short-haul trucks and buses. Any well run company in the distribution and machinery business for CNG powered heavy vehicles is sure to benefit. Had a look at  Westport Innovations lately? Unfortunately for DNK, Westport has sourced the bulk of its cylinders to China’s BTIC. But as the market for high pressure cylinders increases DNK will hopefully improve their share.

Last earnings report showed a healthy improvement in sales in a tough market.

Perhaps this little gem is starting to get noticed...