Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
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As similar, but complete opposite tale..........!
Repositioned a Network JB for the IT nerds, I said "I'll have to find some new Rawlplug, cos can't get these old ones out"...........!
The very bright, young Austrian (that was visiting), loosely turned a screw into the Rawl, and pulled it straight out.......... "use this" he ordered me............ :)
"I'll fetch the SDS drill" is replied to save face..........! they were 10/16mm Rawlplugs.......
A clever lad, and hands on when it came to the nitty gritty..........!
All the best (....but........ we had to move the JB cos his network cable was to short, lesson leant on both sides............. :()
First time I met a chemical engineer where I work, a Doctor of whatever, I noticed he was missing half of one of his front teeth. I later discovered he'd broken it trying to remove a rawl plug by biting it. A very clever guy but also dumb as hell. Hopefully that story will put the SP in to the 40's next week.
The table leg is fixed with a mixture of blutac and bubblegum, I reckon it's good for 20yrs........!
stronger stuff out there on the market, yup (like nails 'n screws :) , but you try my way.... :()
All the best (non- guarantied to fail........... :()
Lost count how many times it has cost me money to wreck something. Last week £8 for a replacement hoover hose, 3hrs trying to fix it, totally destroyed now and in the skip. Doh...
Would be happy to add here, if newsflow confirms progress. DIY............when my girls see me with hammer or screwdriver..it is "Oh no, what's Dad going to break now " !!
BTW roly.......
Highest paid here is SIPP 48p and ISA 39.40p ..........!
All the best (blue on both mind, I just keep adding........ monthly subs :()
Hey roly..........
I don't fink "spiked" is the term your after, with a 52wk high recorded here as 69p and pro-realtime shows a high trade of 74p on that day...........:)
Sure 44p is above the current the SP, but not necessarily "spiked"........ 74p was........ :(
All the best (Right, must fix that table leg............. fookin chores, just make work......... :()
Many thanks for that T.Rat, good reading and Hutchy 1 I was an investor in MWG shortly after IPO so am very familiar with that company, lost a good bit but recovered it last year then moved into SKIN, sold again for nice profit as I felt the MKT CAP was to high then, When GB announced the MWG I bought back in as it felt a good match then, but I did get spiked by the SP in at 44. I am happy to give this more time, and I think it deserves it and my understanding is that news is close. Cheers all... Roly
roly12, if you don't mind I'll add link to a SENS RNS . Not sure how this board would react if Gerry made a similar statement in results RNS. But if same was said and share price was to then continue to drop for months I can imagine plenty of abuse...
Sensyne Health Interim Results
RNS Number : 3862A Sensyne Health PLC 21 January 2020
Lord (Paul) Drayson, CEO of Sensyne Health, commented:
" However, the Board believes that the current share price does not reflect either the value of what the business has achieved to date, or the significant growth prospects available to Sensyne Health in future."
https://www.lse.co.uk/rns/SENS/sensyne-health-interim-results-3cld07jt8xi159k.html
A link to following year interim results and quote below for their financial results:
https://www.lse.co.uk/rns/SENS/sensyne-health-interim-results-dztbk9dj7w8ag9f.html
FINANCIAL HIGHLIGHTS
· Successfully completed a £27.5 million fundraise post period end in January 2021 that is expected to enable the Group to industrialise its data analytics capability, enter into an exclusive strategic collaboration with Phesi and strengthen its balance sheet for future partnering discussions
· Total revenues of £2.3m for the six months ended 31 October 2020 (HY20: £0.4m)
· Total research and development expenditure of £7.7m, of which £0.3m was capitalised for the six months ended 31 October 2020 (HY20: £5.4m, of which £0.2m was capitalised)
· Adjusted operating loss from continuing operations of £9.5m for the six months ended 31 October 2020 (HY20: £7.4m)· Cash used in operations of £12.5m for the six months ended 31 October 2020 (HY20: £7.7m)
· Operating loss of £13.6m for the six months ended 31 October 2020 (HY20: £9.8m)
· Cash and cash equivalents of £18.6m at 31 October 2020 (FY20: £31.7m)
I believe DVRG compares well.
https://www.lse.co.uk/rns/DVRG/dvrg-confirms-maiden-q4-profitguides-16310m-in-2021-8m88cpy1m1yqwkg.html
If SENS is worth what it is currently valued at (and arguably it is still cheap) then DVRG share price does not fairly reflect worth of the business.
Both DVRG and SENS are about applying ML and AI to big data. But DVRG have built up their own propriety and exclusive well of data while SENS acquires access on a time limited and non exclusive basis at considerable cost. Take a look at their agreements. One linked below:
https://www.lse.co.uk/rns/SENS/sensyne-signs-sra-with-wolverhampton-nhs-trust-16z0v7rngszjurw.html
"The Trust will receive 1,428,571 ordinary shares in Sensyne Health plc representing 0.9% of the existing issued share capital of Sensyne. This brings the total share ownership held by NHS Trusts in Sensyne to 12.6%" + an investment of up to £250,000 per year over the 5-year term of the contract for specific investments in NHS information technology + royalty on revenues that are generated by Sensyne from the research undertaken under the SRA.
Ultimately I think we largely agree. Share price doesn't make se
Enjoy your wine roly
https://youtu.be/T1Ju352d9Z4
roly, there is a big seller or folks don't yet believe, maybe both. Either way this is no oil exploration share with duster potential. Only takes one of their projects to see some great returns at this price IMO.
News of PD next week seems plenty of reason to be excited!
https://twitter.com/gjbrandon/status/1367016624906207234
@gjbrandon
Even better being able to achieve this monitoring in real-time, 24/7. First units of #MicrotoxPD currently in production followed by retrofitting of existing installation. St Patrick's Day seems like a good day to explain
7:38 am · 3 Mar 2021·Twitter for Android
Also before month is done
https://twitter.com/gjbrandon/status/1367797815536156673
@gjbrandon
Always working way ahead. March already here, just a launch of
@skintrustclub club and results of COVID19 tests in UK and China
11:23 am · 5 Mar 2021·Twitter for Android
Totally agree Burt. Nothing has been made clear as to what to expect. All guess work. The announcement of the Manadonese webinar, next week, does make me believe it will be in conjunction with a UK announcement. My personal belief is it'll be accuracy of MicrotoPD.
Great replies P62, R40 and TR but having had a glass or wine or two !! I will reply tomorrow or maybe sunday, at least it seems some decent debate without the usual LSE poster bull,
Guys no offence but why is everyone getting fired up about the next week/few weeks? None of us “know” what’s coming it’s all speculation and I just really don’t want this board to be setting us up for a fall. How can anyone be sure we will get an RNS of any significance next week? I really hope I’m proved wrong but I don’t get the massive excitement on here about next week.
roly12, take a look at share price for SENS over last year. There are enough similarities between DVRG and SENS to draw comparisons. Neither company household names and both applying machine learning and AI to big data to achieve solutions.
Their share price dropped under 26 in July. Took off in August. Not even a placing at 90 has stopped it marching on up hitting 190, currently back to low 170s.
DVRG like SENS are both successfully implementing their business plan. That investors are sleeping on that reality for DVRG is a temporary state of affairs.
You'll note for a long period SENS price did nothing but drop. Their share price in June was no more fair value to the business then than DVRG's is now. The same questions you are asking of DVRG could have been asked of SENS. The answer would have been the same. The market is simply wrong. This is exactly the type of opportunity you want to find to invest in and then be patient while market wakes up to real potential of company (granted it is annoying that a load of old rubbish has performed better over past six months than DVRG - could list a load of companies here...).
Your point about current market cap being low is exactly the reason people should be looking to invest here. The market has got it wrong and that presents an opportunity to see healthy returns.
I would argue most retail investors are simply unaware of DVRG. This should change shortly.
The question is how much business does DVRG need to win as a 50 million market cap company to be truly transformed and richly reward share holders?
There is zero reason DVRG can't be matching SENS market cap.
SENS fell to under 26 and could have been criticised then as DVRG is now (unfairly). And just for sake of completeness let's take a look at what their broker had to say back at end of Jan:
https://www.proactiveinvestors.co.uk/companies/news/939397/time-to-be-bold-in-picking-healthcare-stocks-for-2021-says-peel-hunt-939397.html
So much potential here. The market will wake up and when it does holders will be rewarded.
Yes the SP is a concern, but I personally think the market. Looking from the outside, looks they are just jumping around from product to product.. When in reality, they are all just coming to the end of the process at the same time..
The next couple of weeks are massive, and when people see it’s not all hot air this is off to the moon. I won’t lie it’s the first time I have felt slightly nervous as I know how big the news is, but everything points to it all coming good.
Fair point indeed and I’m sure if this doesn’t change some holders will review their positions. I’m sure the next few RNSs will translate to a share price nearer to 100p than 30p. Time will tell and I’ll evaluate early H2. The fundamentals here seem stronger than ever so I’m confident but yeah we need to see the wider market believing.
There are some great posters here, and I include muggins as quite hard to have a 1 sided debate, my point is, if everything is so rosy and sales are booming..........why is the SP/MKT CAP not responding, in fact it is doing the opposite of what you would expect, the MKT CAP here is less incl MWG than it was excl MWG !.
That’s your view, Muggins but shareholders like to be informed and they did the same last time and followed up with an award winner RNS.
You moaned about the fall in sales, how does £3.6m in orders for MWG good sit with you?
Also FYI -
New Equipment
Momentum going into the end of 2020 has carried on unabated into 2021. We have new equipment rolling off production lines on three continents to meet demand across the Microtox and MicroTrace range. The production runs, worth $5m, includes upgrades and enhancements. Software has been updated for better collection and optimisation of data for AI. New Chinese interfaces have been designed for the Microtox LX and FX ranges. Equipment and reagents are calibrated for optimum use. Read more here.
New Solutions
We continue to build on our smart water initiative with new partners and new products being integrated to create real-time monitoring of water systems. These include Microsaic systems, mass spectroscopy-based identification systems and the Aptamer Group with whom we’re developing a range of binders to detect contaminants of concern and forever chemicals. Read more here.
New Labs
We’re also getting access to new CL3 level labs at our York UK facility. New services for Modern Water clients will include standard tests associated with dangerous pathogens, including contagious infections as well as community detection of opioids. Future services will include real-time monitoring and identification of small and large molecules within the pharmaceutical sector during bio-processing. Retrofitting has begun with Modern Water equipment to add to the range of real-time surveillance services in Water Quality Monitoring. Read more here.
The best form of flattery is imitation – Microtox and MicroTrace
The Microtox and MicroTrace range of analysers and reagents have been produced by Modern Water for nearly three decades. We are proud that we have almost 3,000 sites in 60 countries and are recognised as the gold standard and in many cases the regulatory standard. These trademarks are protected and we are taking steps to build upon these great legacies: To make them bigger and better, and protect them. If you are unsure if a company/distributor is accredited to sell you products from our MicroTrace and Microtox equipment and reagent range, please contact us. See more information about Genuine Microtox Reagents
I am sure that PaulCon can confirm that they have won lots of awards over the years but that has made little impact on sales. Without wanting to put words in his mouth I recall him mentioning once that they wished that they won more contracts and less awards.
In this case they seem to be congratulating themselves on being nominated. They have not won anything. To put an RNS out for not winning something is really desperate.
Where's Paulcon62? I'm sure he'd agree 'Would not want to be out of this over the weekend'!
Sorry...
I was being sarcastic and the same applies to calling shares golden tickets etc. I can’t stand numpties talking corruption due to their investment being down, irritates me!
As far as here goes if we have the RNS we’re hoping for there will be demand for shares and that will drive the share price higher, it’s how it works!
Anyway, no more cliches from me!
Retireby40
Hey how can you say that it is pure corruption ?, its a genuine question, not at all combative, educate me please
Pure corruption we’re so low, AiM is a cesspit. Do not sell your golden tickets. Yada yada!
Hopefully the rush for shares will be after a detailed RNS. Let the content do the talking.