Member Info for andinio

Hardware partnership for US and USA announcement coming.....

When asked 'how have you seen value demonstrated since listing" he replied 'i wont lie to you.....hard lessons learned'.

JohnHenry, i take that to imply he can see errors made during IPO. I see his response as a good indicator. On the one hand he's giving a nod to investors that he can see the errors while at the same time not talking about it to the point it becomes the focus.

All in all, a very good day for Dev.
Investors should IMO be happy about the future.

With Lenovo we'll see faster roll-out at reduced costs to Dev with potential for try-before-buy offer to Educators that doesn't cripple the balance sheet or cashflow. Lots of potential routes in UK and USA.

Yes, i agree.
Dev will want hardware partnership in place long before Worldskills live and roll-out of pre-event toolkits.

Amazing.

Yes, yet another fantastic quote from today's RNS that re-enforces what we already know about Dev and Lenovo tie-up.

De-rampers are pushing the 2.9% growth.
That isn't the headline news.
Headline news is in the details. The detail is growth of 80 percent on monthly turnover since April 2019.
H1 is Old News. H2 is where the story is :)

H1 = 264k over seven months = 37k per month (average)
As of now, in July, we are generating 65k per month (and growing).

Already, H2 is showing 80 percent growth in turnover based on monthly averages..

RNS
The current run-rate of staff costs and other ongoing costs is approximately £100k per month, with revenues of £65k. The Group expects performance to become cash neutral by the end of the current financial year.

Yes, that's pretty much my reading of price movement.

Sellers will lose grip eventually.
All coming good.

Take a look at the Sponsors, partners and exhibitors for Live 2018
https://worldskillsuk.org/directions/our-events/worldskills-uk-live/sponsors-partners-and-exhibitors-in-2018

Worldskills Live 2019
Funded by Dept for Education and Education & Skills Funding Agency
Bottom of page:
https://worldskillsuk.org/directions/our-events/worldskills-uk-live

Lenovo Education will be entering the heart of the Careers Service on the back of Dev Clever.
Lenovo. already at the heart of Edu in USA want entry into UK, clearly.

Early draft: Lenovo, but no WorldSkills.
https://www.devclever.co.uk/wp-content/uploads/2019/07/VIC-LP_presentation-2_NoVideo.pdf

JH is correct.
On the same day DEV received the go-ahead to use the Lenovo logo was the same day they received the go-ahead to use the WorkSkills logo. Original draft of the presentation did not include WorkSkills details. It was added to final draft.
Using the timeline theory, it's therefore reasonable to assume that Lenovo news will follow in weeks rather than months IMO.

Zoro, there is nothing 'funny' about you.
Do us all a favour and sell your whinging sub-pitiful holding.

I see a few here have added more today.
I wont be adding to my holding. Im well stocked with Dev.
Most importantly, i have no intention of selling at this point in time. And neither am i holding to sell at 6p :)
In time they'll be more of me and fewer of those selling their 1p shares.
The IPO was pitiful but it's only a matter of time before we get down to business being the focus and are more appropriate marketplace takes over. I can wait.

I can understand the temptation to sell and reap circa 4 x investment but IMO doing so is somewhat shortsighted. There will be short term holders. Regardless, we are likely to witness several pullbacks on the share price as and when it moves forward on news. Patience will pay (in theory).

techguru91:
pleased to see you're still around.
good news, today.

To the uninitiated, sounds like a ramp.
But, that is exactly where ITX are heading. Patience pays!