We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
They supposedly have groundbreaking technology , where is it? Any sales lately? The past three years could be "lately"...., and if you accuse me of deramping check RNS's out for sales. Looks like the same crock of cr*p that cost me a few quid two years ago. Not to be trusted , trade it if you can but that's all its good for.
Buy.
Watertech5.
Thanks for posting those words from Lusnam , who I know was most helpful to me, when i started researching MWG.....I reread the words from Lusnam on Twitter but they are now just words...Lusnam cannot blame Helium selling their shrares, it goes much deeper than that and anyone who saw the disaster presentation, after the amazing RNS earlier, could easily think, the market had been misled....I do not believe the RNS was misleading, rather I believe it was all about over promising and without enough detail..but when we got the detail in the presentation, any investor could quite rightly think they had been badly let down and that is putting it mildy..I am rarely one to be critical but in this instance I am furious and put the blame at the door of G Brandon....He must realise he has lost his reputation, no amount of PR spin will allow any intelligent investor to believe another word from his mouth..that is why I sold out of SKIN today...LP
Is it a good time to buy now or will it crash even more?
Interesting read
From Twitter- lunsman@lunsam96
Yesterday was a perfect storm. Day-traders looking for the next ‘Covid moonshoot’, coupled with their a major shareholder, the Helium Rising Stars Fund, selling nearly 6%. Helium only invest to £50m mcap, at 61p/64p where they sold #SKIN + #MWG had a combined mcap of >£100m. 2/15
Its not within the fund investment strategy to hold companies of that size, which is why they sold. Its a shame it happened yesterday, it created utter panic amongst PIs and what can be only seen as the most ridiculous day of share price movement I have ever seen on AIM. 3/15
I see significant value in the 4 core business channels;
1. #Labskin - lab-grown human skin, enables remote clinical trials of skincare products, prevents the need of animal testing of skin products.
2. #Rinocloud - artificial intelligence, data management, machine learning 4/15
3. Water Monitoring - once #MWG is acquired, #DVRG have access to Gold-Standard water monitoring kit, and a worldwide distribution channel.
4. Covid Monitoring - below ground and above ground, waste-water community screening, and above ground breath-testing. 5/15
These are 4, potentially industry-revolutionising businesses. That is why I invested at in both #SKIN and #MWG at around 1p (10p post consol.). That has not changed. €Rinocloud is what enables the other 3 businesses to be revolutionary. I shall explain why: 6/15
Water monitoring has historically been done by sampling, you sample water every few days and test it. Once you find a problem you remedy it, often too late. With the addition of Rinocloud, you have LIVE water monitoring. You detect a problem instantly, as soon as it happens. 7/15
With both skin trials and water detection, you create a repository of data/knowledge of research and predictive analysis. You provide time-stamped, validated and reproducible data. You can start to able to predict outcomes using the AI and machine learning. 8/15
Re. yesterday and the #Covid19 Testing, we have (that I know of), the worlds only live water monitoring, community-screening Covid monitoring device. This is hugely important as it can track and identify hotspots, collect data and be used to predict outbreaks. 9/15
What was announced yesterday, was the first end-to-end Covid testing solution. A system which has community screening, and a time-stamped positive/negative that is available within seconds for £4 a day. #AVCT may be developing another, but we are yet to see it & cost. 10/15
Even if the solution announced yesterday is not installed worldwide, it is the perfect solution for the cruise industry, offices, airlines, hospitals and schools. Those are significant potential revenue channels, worth far more than the current £50m mcap in my eyes. 11/15
hard to see it recovering anytime soon - expecting it to be half again next friday... dreadful
I was looking this was 6.70 that is 50 percent down now... next week hope recovery begins
Just a mess of a 48 hours.... BOD should be feeling pretty ashamed this weekend. Hopefully they reflect and focus on shareholder value / commercialisation of something sensible rather than chasing their own nonsense rainbow
I fear that GB believed his own publicity.
I think because the monitoring was known they wanted to spend more time on the breathalyser (not inhaler!) which was naive but I thought that at the time so am surprised someone on the BoD didn’t think the same.
You’ve got 4 rapid antigen tests being validated right now which we’re told look really promising. DVRG focusing on the breathalyser was a mistake, I get why but they’ve dropped the ball. Talking about a big reveal and only mentioning Dell in passing was also a mistake. I’m sure they can regain trust and there’s a lot of OTT talk but perhaps the quick change in sentiment will refocus them on monitoring although i doubt they need it.
A terrible end to the week but the fundamentals are good and this will bounce back and I’m sure once the takeover happens things will settle.
Gerry needs to rebuild trust with some holders. I still have faith and trust but many no longer do.
Computer I agree with your general sentiment and the wider market clearly does too. The test needed more explanation as it came from nowhere and to be fair the explanation wasn’t as clear as it should have been so posed more questions than answers.
The monitoring was kind of lost and took a back seat which was an error, no question. I guess because that was known they wanted to spend more time on the inhaler. It’s understandable and hindsight is wonderful but clearly a massive mistake. I feel sorry for many who for spiked but the fundamentals are better than they were although the focus should be on commercialising the real-time water monitoring and that’s where the emphasis should be.
There are many Rapid antigen tests being validated right now and we’ve not begun live virus testing yet so the market was understandably underwhelmed and has clearly spoken.
A missed opportunity re monitoring but the test could well have a large part to play but the market wanted to hear more on the monitoring plan.
The principals of MWG & Skin many not like to read these words but the total car crash we have witnessed in the last 28 hours has made Deep Verge a deep hole on the Verge of a full corporate blow out.
GB might think’’’’Give us time guys ‘ but as soon as price recovers I and many others will get out....GB must take full responsibility for orchestrating this fatal car crash...The naive amongst you here will try and put a positive spin on the future but the future will overtake Deep Verge and leave it well behind.
The market and all participants will not forget this fatal car crash and I blame the BOD and GB for their misleading RNS and farcical presentation yesterday.
I wish GB no malice but his net worth was under his control and he simply now has no control of his net worth ....LP GB the destroyer
Computer this is an excellent summary
we know what the Share Price is?, ALL-EQUITY TAKEOVER,
Oversold. MMs are licking their lips and will make a killing when the offer price hits the table.
Not buying the bad presentation bull541t, that’s the city line they are trying to feed the market to justify price movements, you are probably one of them.
The presentation was like a car crash edition of Dragon's Den, an Engineer trying to be a businessman, the product would take millions if not billions to deploy, Government approval across the globe for the digital health passport use, a reader on every street like and ATM, do they know the cost of maintaining the ATM infrastructure across the globe, land rent, power, internet connection. and who on earth thinks that in a global pandemic of a respiratory disease asking someone to take a deep breath of god knows what, out of an inhaler every day was going to be attractive to anyone, let alone trotting off to the local reader just visited by the super spreader. This on top of not being ready for six months when 5 min Lateral flow antigen tests will be be available from multiple sources by the end of the year. Time to forget the inhaler and get back to the fundamentals the company thrived on, the Water Testing, and put the inhaler behind us.
This stinks to high heaven of insider trading with GB facilitating it, how else can you explain a RNS which purports to get society moving again regarding COVID-19, and the share price ends up 60% lower after 24hrs? Any new investors who bought on the RNS, will no doubt be sellers as soon as they see their money back, MWG and it’s dubious price movements, have made the company uninvestable.
2nd Bottom Hit ... this will go back up... Testing the patience
Magmanus - you really are remote if you think there is buying demand
i am remote.
yes - 0.0155 to buy...and you can't buy size.
profitability is king. make no mistake. i see big gap up next week - as mms can't keep up with teh buying.
That is due to spread and MMS trying to scare buyers... spread will get better as MMS trying to get sellers...
Ive been in SKIN for about 2 years and MWG for 6 months. I was and am enthusiastic about the science and technology. I still think/hope there is a good future here. However my heart sunk as the presentation went on. The personal appliance looked like something from a Clive Sinclair mid 80’ commercial. The whole think looked rushed and there was no/little mention of the other more near term and easier applications e.g. waste water testing. I am going to hold and see what happens here. I do see that the explained process could be picked up by major businesses, hospitals, cruise ships and even governments for key workers or those at risk. But there are a lot of moving parts required. Shame I felt very slightly rich yesterday morning.