The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
That is very true T.Rat. My comments were not intended to down play the potential of DVRG, but were to add some perspective to the quoted market size for the PD in Germany and the US alone.
BT in every doctors surgery, using all those chips. That market is massive, and as far as i am aware there isnt any competition, it is pure innovation, providing GP's with an early warning tool.
BT and PD on cruise ships. BT for live events. Skintrustclub (both selling the swab/analysis and also the subsequent data), labskin and the movement to prevent animal testing. Police application of MSYS mass spectrometry tech for immediate breath testing
And more that i havent mentioned. DVRG really does have the potential to be a beast of a company. The only "concern" may be someone taking us out early before we reach our potential, imo anyway
The market truely is massive, but we need to keep in mind that in order for DVRG to be able to satisfy said market then we will need to JV-up (similar to China MOU) and with this JV comes handing over a slice of the pie, and not a small slice.
Germany + 70% of USA is a potential GROSS revenue generator of $1.25bn. But that wont all hit the DVRG top line. Assuming PD became the monitoring device of choice in both markets, i think its reasonable to assume that half of that revenue will go to the JV partner. We then need to consider how much the rest of the guys in the eco water consortium will get. I dont expect it to be £nil, unless of course it's nothing to do with them? (Must say, i lose tracker of how many businesses are involved!)
Dont get me wrong, there is massive potential for DVRG, but the size of the market doesnt equal our potential revenue.
However, I think its safe to say... £10m will be comfortably beaten, and future revenues will be pretty damn good (imo!)
It is unlikely that many would-be-investors watched the podcast. The vast majority will be those who already hold DVRG shares. So, the buying this morning is likely to be top ups from existing holders. The new money is still to come. When the penny drops i can see £100m+ mcap. And that will just be the start, imo
I agree, but a lot hinges on the size of the merchants. If we launch with a flagship, trendy name then i see MODE doing very well.
Millenials will be the most likely demographic to use MODE. A fashion provider or takeaway platform would be huge. A couple of merchants aimed at the older community, who are unlikely to use online card payments, let alone an app, and the reaction will be muted somewhat
The future is bright with DVRG. At present MCAP this company represents an amazing investment opportunity. Regarding the end goal, and potential sale, i dont think the company as is would be sold. I think that any would-be-buyer would either want labskin/skin trust OR pathogen detection/water monitoring.
There is also the data we already have and the data we will acquire from skin trust. That data is valuable and i can see DVRG selling that off to recognise maximum value PRIOR to selling either of the components.
It is possible that DVRG will spin off the components of the company ORPH style so that each component has its own dedicated management team.
It's very early days, but i see the company being sold in the future, but hopefully for a lot more than £300m. We could see that MCAP in the not too distant future should the chinese JV, skin trust and PD/BT take off, capturing the imagination of investors, both PI and institutional.
We may well be at the early stages of DVRG becoming THE water monitoring company. The pandemic has highlighted the need for waste water monitoring and we are almost ready to give the governments what they want. JV, like the one in China, will be necessary as there is no way little old DVRG (as it is at present), could possibly manufacture at the scale required. But many JV's on different continents allow us to scale the PD to suit the worlds need. We will get a decent slice of potentially billions, as opposed to the majority share of "only" millions
And that just PD. BT, skintrustclub and labskin are all well positioned to become behemoths in their own right.
The next 6 months or so will be massive for the future of this company. All imo of course, but i am very confident :-)
Brilliant update. You don't expand facilities if you have no use for them.
The initial demand for the microtox devices is pandemic related. But the application of said devices to a varriety of other areas, including drinking water etc is massive. The pandemic will put us on the map (if we aren't already), but the post pandemic world will see continued growth as governments learn that pathogen AND polution surveilance systems are needed.
The water conservation/scarcity tweets that GB has been posting is a great application of PD. It allows us to know if what limited water we have is safe. Then there is polution in rivers, reservoirs, oceans. The potential of PD is massive. And that is just one device, which is only one of the many irons in the DVRG fire! £55m mcap? Surely not for long... no reason why this potential should not be three digits (of millions)
Great opportunity to top up, imo. I never thought i would be able to buy in the 30's again once i saw it hit 44/45p a share. So i am very happy with my latest addition at a price of 38.33p (at 10am on the nose).
As things stand all dividends in specie are still eligible to be received (unless an RNS is released stating that the share record date was yesterday!) and therefore all the potential that this share had when it was in the low 30's still applies today, at least that's how i see it.
Those selling today may well be the unpatient ones who wanted to hop in and hop out, grabbing a quick dividend in specie along the way. It's been 2 weeks or so since the announcement of the first spin off and it may be another 2 weeks or so until we get more information. Who knows. But the drop is a great opportunity imo
Thanks Gerrard, always nice to hear from you. I've topped up today based on the 15% or so drop from the Chinese MOU spike. The market hasn't digested and accurately reflected the significance of this just yet. Plus labkin, skin trust, BT, PD and more.
My average is below 20p so i can sit easy at the presents levels. I understand the frustration of those who have bought in over the past 6 months based on all the great news flow and potential. In my opinion patience is needed. I am sure we will see the SP reflect what we have soon enough.
Remember, £10m revenue, if delivered, is a decent level of growth. And let's be honest, many are expecting this to be exceeded. If the MOU with China is finalised into a JV and we see other similar deals in other countries then all of a sudden Deepverge IP/tech will be getting produced on the scale required to not only make a difference to the planet, but also the bottom line of DVRG. £50/60m mcap does not reflect what we have today, let alone the potential. All in good time, but i have a feeling that time is running out to be able to buy at these levels. GLA
Thanks KingHomer.
So, MODE merchant would be cheaper for merchants, more convenient for customers and offer reward bonuses.
It looks very promising, but there must be competition? And if not, would the take up by non-millenials be that high? I'm just trying to brainstorm possible draw backs in what seems like a very good offering. All suggestions welcome, probably not a bad time to get some devils advocate views or even some trolls :-)
Thanks Deemule, that's very reassuring. I hope that any sale results in a prompt cash dividend to us shareholders. I dont want to see the BOD decide on reinvesting the proceeds on another long term project. Take the cash and pay the dividend.
The balance sheet seems to support sufficient reserves from which to pay a dividend. I assume this is all distributable? I know the BOD got court clearance a couple of years ago to convert some of the reserves to clear the runway for eventual dividends
Do we think we will see a rapid sale, should we achieve a positive EWT? Brokerman Dan has suggested 6p+ per share - a good 8.5 bag from here. That must be based on present negotiations based on a successful EWT. I also understand that those involved with WN are hopeful of a positive outcome.
All very exciting as an existing holder, but the question is, other than is this information accurate, is how long will it take to realise such a return?
Does anyone have any experience of a well sale in the past? And if so, how long did it take?
It's been a bit quiet on this board over the bank holiday weekend, so i thought i would get a conversation going.
What are peoples predictions for the SP at the end of next month? That will conclude Q2, during which the super app will launch. At present we are valued at more or less the same as when we listed 8 months ago. Therefore, none of the recent developments including BTC price increase, growing user base and merchant arm are factored in.
Coinbase presently has a mcap of $59bn. I cant see us getting anywhere near that, but i would take £1bn, and a 20 bag from today's prices (eventually).
I think the launch of the merchant arm, allied with some notable initial merchants, will give the SP a significant boost. I also think the marketing push will start soon after. What is the point of having a new payment facility if no one knows about it. An aggresive marketing drive will spread the word and could lead to exponential growth.
Users of the merchant arm should far exceed users of MODE for BTC. After all, most people in the UK pay for things online (the target market), whereas a lot less are interested in buying BTC.
If MODE listed in July 2021, with the super app already having been launched, i dont think £50m would be the initial market cap. I would say it would be in the three digits of millions.
The potential here is massive, even if it doesnt take over the world. It doesnt need to. And the OTC listing will wet the appetite of the US market
All imo, but i'm excited for what we will see over the next few months!
I wasnt aware of that TRat, thanks for the clarification.
I thought it was pre approved prototype tests, perhaps with their own respective NDA's, which, if effective, would get the green light. Ultimately an LFT that takes 12-24 hours to generate a result is not effective for mass events, a rapid test is required. I was of the understanding that such rapid result prototypes were being trialed and therefore, if successful, said prototype would be on to a winner. I havent read this anywhere specifically, but believed the test events to be a test trial, not a concept trial
Purely from a selfish investor stand point it would be better if whichever device they are using (that isnt DVRG) is unsuccessful. That would leave the door open for the/a solution to the return of mass events. As a UK resident i want life to go back to normal ASAP and would welcome the first solution
If a "rival" (i know GB has said there is no "competition" due to size of market) is successfull in providing a rapid test solution, then this wouldnt be "good" for BT from a covid perspective (i note the GP surgery application is still very much valid).
I would love the BT to be the adopted solution in the UK, but i believe that the UK government would probably endorse a rapid saliva/throat/nasal cavity test if it is cheap(er). I dont think BT will be "cheap" when compared to, say, a plastic straw that may turn blue in the presence of covid. For the masses the UK gov would likely make any decision based on a CHEAP rapid result, irrespective of how invasive it is. We might be able to corner the luxury market (or cruise market)
The BT has many applications, and still may be used for covid at home and overseas. I do hope the UK government are one of the NDA's as this would really wake the SP up, certainly a lot more so than a MOU with a little known and small country like CHINA, of all countries! ;-)
If a MOU with China does nothing (yet), i cant see a MOU with Italy, Albania or Poland doing anything. Something with the UK (even a MOU) would be a game changer. Ultimately the resulting financials will be the proof in the pudding, but the buzz generated by a UK gov contract would so wonders to the SP. All IMO
Does anyone know what covid tests are being used in Liverpool this afternoon? It is one of the government test events. Per BBC there are optional PCR tests to be taken at home . There was hope DVRG were involved with the cancelled comedy club event. What do we think about the chances of DVRG involvement today?
I've been in this share since December 2018. Its been a pretty dull 2 and a half years, but fortunately the price hasnt moved too much to the downside. I am down, but i feel sorry for anyone who bought into the 44p spike of a few years ago.
As always, i am hopeful that the potential in this company will bear fruits. EUA 80 bagged or so over a period of 12 months after years of flat lining, and i feel that such gargantuan gains are possible here... one day, when things start to move.
Whether we run to production or accept a takeover bid, at £20m market cap i feel happy keeping this very dull investment in the bottom drawer.
The missed deadlines are a pain, but we will hopefully see them hit eventually. The silence from the BOD is frustrating, but i hold hope that our (in the ground) commodities are desired and it is in the interest of the world to extract it, at some point.
When that day comes AMC will do very well. Until then my shares stay in the bottom drawer.
Coming from a saints fan, i don't think Spurs have it so bad! :-)
The SP is bouncing around in the low 30's whilst we wait for contract news. DVRG clearly has a great many irons in the fire and we are waiting for some tangible progress. I think the year end SP will be much higher, but of course this is just my opinion. GB couldnt contain himself in the latest proactive interview. Good news feels imminent, but the NDA's in place are likely keeping a lid on things for now
Hi all, i am considering investing in TWD. I first came across the share due to one of Justin Waite's videos promoting the potential long term benefits. I am certainly interested, but am warry that JW has promoted shares in the past and has then gone very quiet on them.
The offering here is intriguing and the product looks very useful as the world continues its transition to electricity from hydrocarbons. The MCAP is also nice and low, so the opportunity for long term gains looks impressive.
I am interested in what the regulars on this board consider of the long term prospects. In the main this board is very quiet compared to other shares i am invested in, but i would appreciate a barometer of the general mood/opinion.
Many thanks in advance
The OTC listing is a great step. It does seem that the BOD expect MODE to be worth a lot more than the present MCAP and see a cross listing as a way to unlock this value.
There seems to be a reluctance within MODE to offer other coins, and i believe that this is because they see BTC as the real winner ultimately and they dont wish to endorse risky coins. That's fine, but business is business and money talks. Coinbase are worth many many billions and they dont seem to care what coins they offer.
If MODE decided to add a load of extra coins then i think the MCAP would rocket. I also think the merchant arm will have a similar effect, but i do wonder whether sticking to BTC and BTC alone is missing a trick. There is an apetite for investors to buy "the next big crypto". So, why dont we satisfy that apetite?
ETH would be a start, but milenials love the idea of "millionaire overnight" and the idea of ploughing money into a new crypto currency, with the hope of take off, is a very real tactic that we are not exploiting.
Would we lose FCA regulatory approval if we offered DOGE etc?