Member Info for Ctw2014

Excellent thread Doggo. Well done.

Good move on scant volume. Soon as we get any decent buying pressure this should fly imo.

And/or that “near term” update referred to in the results on the US/Canada negotiations?

Maybe we will see more Director ISA top ups for the new tax year now the results are out of the way.

Works fine - thanks for posting

To be fair, the 24 January RNS did say “we look forward to updating the market about further orders in due course” but “due course “ is obviously a flexible term and they may want to wait until they have some decent numbers under there belt rather than disappointing with less impressive numbers after only a couple of months. Of course, they could also be waiting to finalise another contract with someone else , which always seems to take longer than you think.

Foxhill
My point in relation to DHL was that whilst a first order from them with the expectation of more was obviously regarded as material enough for an RNS, the receipt of further orders as per the already announced expectation may not be.

Like it or not, I suspect:
1) we will not get an RNS just because DHL make further orders as part of a gradual roll out as the expectation of further orders has already been announced; and
2) we will not get a blow by blow update on the implementation of the Latin America or Open Box contracts, still less numbers, until the interims (months away) although we may get some general comments tacked onto some other announcement.
The best hopes for a boost in the short term, in my view, are:
(a) an entirely new major contract announcement; and/or
(b) an announcement on the mooted new finance model for supplying kit at low cost with higher saas payments, and how that will be funded, following the announced “testing of the market’s appetite” for such a model -
Both of which were expected within the “next few months” at the time of the final results RNS, not within two necessarily.
News sooner rather than later would be great, of course, but there is nothing to suggest that we are not on TRAC in my view.

Bit disappointed that new revenues have not boosted 2021 performance towards the end of the year but still believe this company is on the cusp of a significant up shift in revenues and into profit, so I continue to hold and would add if I had any spare cash. All imo only and DYOR etc.

Remember that presentation someone posted by the UK Health Security Agency? Take a look at slides 8 and 9 - lateral flow tests are all part of the plan for National wastewater monitoring post pandemic

Old? Definitely. Wise? Well, that is subjective, but to answer your question: Of course we would all prefer that a fund raise was not necessary, but until we are generating profits or can raise debt finance on decent terms (unlikely until we are generating profits ) issuing equity and some consequent dilution is inevitable, no? What was good about the last fund raise was that it was done at a premium to the then SP. That is unusual on aim (most are at a thumping discount) and can only be a reflection of the funder’s confidence in the company’s prospects and future SP. All imo and dyor etc.

Anyone confused or worried about claims that GB sold shares should read the 26th November RNS for the facts.

It’s worth remembering that the last fund raise was at 30p ie a 13% premium to the then sp (premium fund raises always a good sign in my book) Vincel must be pretty hacked off with the SP too given the extent they are underwater. They had a shed load of warrants at 40p too which have just expired. Nevertheless they wouldn’t have done the deal without doing their due diligence. Last trading update looked very promising to me. Results shouldn’t have any surprises as they have already released the figures. Bit of luck and we will get some decent forward looking statements and positive comments on current trading to give the sp a much needed boost.

I don’t like being down on this share more than anyone else, but frankly most of mine are down right now. The market is pants and the riskier shares are getting hammered across the board. Someone dumping £50k worth today didn’t help. That’s quite a lump for this share. Anyway, you either believe the story and hold/add, or you bail. I am not bailing.

Well, would you buy if the sp was continuing to drop on the back of a major shareholder dragging the stock down, or wait for the selling to stop/slow and the sp to bottom? One Director obviously thinks it’s a good time to buy now, maybe others agree and will follow.

But orders is orders

Actually I withdraw that as Deepverge’s financial year is to end December

Nope, the RNS said delivery this financial year, not colander year. Agree that the market is more demanding though.

Production orders in Q1 for just Modern Water kit up 39% and worth £5m.

Still not showing on the risers board which is annoying