Cold starting was impossible when I bought it. It was "willing" to ignite all the time, but was just pouring out greyish smoke, had to use block heater or heatgun in the aircleaner to start. Started immediately when using block heater or heatgun, though running rough for a while (some cylinders missing) when not using block heater.
Swapped out the glow plugs from 1985 (yes still the stock plugs in engine!

Valve clearance checked yesterday, it was perfect.
No starting problems at all when the engine is hot, running on all cylinders when hot, no smoke from the exhaust except for some black smoke on full throttle which seems to be pretty normal for a diesel engine before any emission requirements, though it is pretty gutless. I don't except much from 72 hp in an almost 1700 kg vehicle with 31" tyres, but.....
But the EGT must be very high since after just a short time of running, the exhaust tip is hot enough to burn your hands on...

Haven't had the time to check compression yet, neither the injectors (which according to the PO was swapped for new ones some years ago and pressure etc. checked by an experienced diesel mechanic). Though the mileage is quite low (170 000 kilometers if the odometer is correct) so I would be surprised if the cylinder liners are worn out.....


Ideas? May I be into something with my pump timing theory?