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Great day for DVRG, I wonder if the sell off from Helium kept the price down for a few days, hopefully we will remain above 30 from now on
If water genius is looking for a Job, DVRG are recruiting I am sure GB would give an interview to an industry expert
Glebewhite,
Helium sell off?
"The number of shares held by Helium Rising Stars Fund remains the same but percentage crosses a reporting threshold."
Mon, 8th Mar 2021 07:00 RNS Number : 4055R Deepverge PLC 08 March 2021
He's an assistant director of the carpark forest product recycling team at Newport Pagnell.
Got to be Burger King miles better than McDonald’s
Hello T Rat,
Must confess to not understanding how their holding can change by over half of 1% if they have reduced their number of shares, how has this worked ?
Thanks in advance
Glebewhite, sorry was making assumption... To be honest I just read the reassuring "The number of shares held by Helium Rising Stars Fund remains the same" line and didn't look any closer. Thought warrants.
As Paulcon62 noted " Increase in shares therefore drop in Helium %".
However let's quickly take a look. And indeed there looks to be a decrease in holding between Nov and March?
Wed, 18th Nov 2020 12:17 RNS Number : 7552F Deepverge PLC 18 November 2020
Number of voting right 10.871.943
Mon, 8th Mar 2021 07:00 RNS Number : 4055R Deepverge PLC
Number of voting right 10.321.943
So while "The number of shares held by Helium Rising Stars Fund remains the same but percentage crosses a reporting threshold." is totally correct it isn't the whole story.
Which means you are indeed correct. Meaning it is more good news than non news.
Oh dear, WG, you are still a tad bitter aren't you.
Just face it, you over-leveraged your importance level and received an abrupt reality check.
Anyway, for the 10 years that the monitoring division was part of MW group, it did not leap forward or significantly contribute profit wise.
It was only in the last year that the kit received a much needed upgrade and yet that was still within analogue, reagent-bound parameters which you are still whining on about. Unfortunately your nemises sees the future as digital and AI, and he is more likely right.
I'm sure there is still a good living to be made from reagents for at least the next twenty years, but it isn't the future as slowly all monitoring will move away from it. Good luck and move on.
Well done Water with the new multi billion dollar job.Personally i'm more Geoff from Benidorm than Jeff Bezos.Glad one of us has made it.
Paulcon62, still busy compared to what SENS was before it took off... DVRG under the radar, but not for much longer.
I imagine volume and posts will pick up next week it’s certainly quiet. I would prefer a lull snd then real interest, buy volume and new money coming in due to a detailed and positive RNS. That should mean any rise can be sustained as it will have increased on substance rather than hot air.
RB40 and PC how about buy now of miss out....FOMO kicking in, you won't able to buy DVRG shares cheaper than this again ever...is that rampy enuf for you?
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.
Retireby40
Hey how can you say that it is pure corruption ?, its a genuine question, not at all combative, educate me please
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!
Where's Paulcon62? I'm sure he'd agree 'Would not want to be out of this over the weekend'!
Sorry...
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.
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
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 !.
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.
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.
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.
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.
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,
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.