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Hey David........ :)
anyone can write a letter, and post it... even TW..........! why would he promote the act of writing said letter on twitter.....?
Think ya ron on right line of finking BTW......! :)
Numbers to relate.....
823 4400 10,000 16,500 22,000 27,000 conservative IMO
https://www.deepverge.com/wp-content/uploads/2021/01/Deepvergeplc_Research_Update_11January2021__FINAL_BG.01.pdf
All the best (poss an independent research analysis is req. to shut TW up..... :)
Clearly TW loathes GB and these attacks undermine confidence as in part may be true. Many companies are too optimistic and it is important to evaluate the financial performance as well as the prospects. Personally I prefer to have more engagement from the boss but perhaps for a while it went too far.
The critical issue is that following the June raise the company should have enough cash to get to sustained profitability. Operating loss of £2.3m is covered by cash for at least 18 months but if the outlook and expectations are met DVRG should be in profit with a lot to potentially come from the developments already announced. If the loss is financing higher growth then that is an investment with potentially much higher reward.
Never easy for investors to decide but having been a SH for over 3 years I think holding for another 12 months should pay off.
Latest attack from TW
Letter to AIM Regulation re Deepverge PLC – clear breach of Rule 11 ahead of bailout placing
Chris,
For for me Gerry is visionary and sees opportunities before others and then works like hell to make things happen. It worked with Labskin and buying RhinoCloud must look like the deal of the decade. However, where we seem to be struggling has been in the turnaround of what was MWG which has take far longer than anyone expected. Look at the speed of the STC from concept to rollout in just months and next moving to the USA and then China in 2022. Meanwhile MWG wins lots of awards but no contracts and that has been an anchor on the SP for months now. I think that Gerrry expected MWG to be delivering by now and we are still waiting for that to happen commercially so I would hazzard a guess that Gerry must be 6-9 months behind his original timeline on the Microtox PD unit which is still being miniturised further I think with MSYS kit? Hopefully once that is done GB and Co can go into full on sales mode rather than never ending R&D.
With DVRG it ticks a few of those boxes, bottom of the range, likely to gain value and has a products that I like and can get my head around. It is growing globally, morally acceptable and constantly moving into new areas which is good but for me it is more about Gerard.
He is one of those characters you either love or hate, he is driven, loud, opinionated and has loads of grit. He wants this and you can tell that from five minutes talking to him. As much as I like DVRG, it is him I am investing in, he is one of those people that will stay up late working, probably cancel dinners with his loved ones and spend all his free time thinking about the company because he wants DVRG succeed and it will for that reason, he is invested in DVRG.
So I am in this for the ride up, will I trade some as it moves, hell yeah, it is in my plan haha
haha made me laugh re vigil!
Chris,
Totally agree, apart from I don't trade FX (that stuff scares me), I prefer sticking to what I know. I have done momentum trading a number of times, most of the time you can make a decent return if you don't get too greedy. Hardest thing for me isn't when to buy but when to sell. Nearly always hold too long because of the old FOMO and it can cost because a winning positions can easily turn to a weak gain and then a loss and the risk is then trying to recoup by averaging down over and over. IMO Averaging down is something only to be done in moderation wherever possible unless you KNOW the drop is overdone. Averaging up is much better of course.
As for my potential stock of 2021/22 it is so far under PIs radar it could be a bit part actor in the BBC Vigil drama so yes, it could be no one ever buys into it and it goes nowhere but round and round with stale bulls looking at each other and saying where is everyone?
Yeah you have to pick carefully and have reasons for your own entry, that way if the price moves you know what you are doing when it does and aren't making choices in trade. They say the last rational moment you have in trading is just before you click the buy button. But keeping position sizes small also helps keep the rational sensible.
For myself I trade FX but I also swing aim in multiple different ways. Some times I am looking for current strong fundamental reasons to buy or a believe the share price will gain value over time. Other times I am trading the technicals of the market, this is AIM and often shares bounce around in tight ranges whilst they wait for news or slowly creep higher/lower. Other times I am buying into the psychology or market sentiment and trading the move for a fast in out based on the level two feed and news released.
I am probably boring you but often the time to buy AIM is when you have research and decided the plan for the trade and then buy whilst no one is looking and wait for it to do its thing.
Hi Chris,
I know what you mean, look at SYME, an awful awful company, way over valued when listed fallen and fallen beyond so many PIs expectations and still going down and yet PIs keep buying the shares because they are so "cheap" and BBs are full of people to encourage them even though the company has no money and had to make a terrible loan deal to keep going, they just keep buying the shares because they can get millions of them for a few quid. The mind set of some PIs is quite frightening at times and PI losses on that single stock must be huge and the share isn't on AIM either.
Haha, I had to have a flu jab, I have been having lung issues last year or so. But the queue was really long and most of the people in it were not the fastest of movers! Then when I got back I had my lunch and well you know time flies!
Yes, I suspect the company you mention will move fast when it moves, however, it is also worth noting that you need enough volume to get in and out of these little companies. I once invested in a company that had a tiny amount of shares and most were held by the company but there was roughly one trade every 12 days haha. You need a bit of volume too!
And interest, interest is important, even terrible companies that are topically gain interest from retail investors and they add them to the watch list and then when there is news boom we see a spike up in price.
Hope she was worth it
Sorry newuncle I got distracted.
Hi Chris,
Well I waited and I waited.....
Anyway, based on your assumptions below I may well have discovered the stock of 2021/22 in terms of its potential to soar.
No it's not DVRG (and I won't name the stock here) but with
MCAP of just £8m
No Shares in Issue 12.2m
No of shares held by Management and Others 9.5m
Free Float Shares of less than 2m in reality (and probably less) or below 20%
Wonder what would happen to that with the "right kind of news"?
Sorry that is not my best explanation, will try again when I get back to my office.
Yes sorry, I am in queue in the chemist, but share prices move with supply and demand first and foremost. However the amount of shares in issue and the free float make a huge difference in my view.
This is one of the reasons we love aim because you can move the price with a modest amount of buying. When you get the combination of good news and low shares in issue and demand out stripping the small supply -then price can really take off.
Obviously just my opinion but in my experience it is the perfect catalyst for a big move.
Hi Chris,
Could you elaborate on this please?
There are 215m shares in issue, which leaves 89% out there. Surely it's the MCAP that matters here, not the number of shares when it comes to flying with the right news?
"With so few shares in issue, and 11% not in public hands it will move really fast when the right news lands"
"Field trials are completed for Microtox PD in wastewater and data is being transmitted to third party evaluators. We are merely awaiting release from NDA's."
The share price will be attacking 32 again soon enough. Eventually, it will break it and take out all the stops catapulting it higher.
With so few shares in issue, and 11% not in public hands it will move really fast when the right news lands. In the meantime we get to accumulate down here and watch the company grow.