DVRG 2020/2021/202226 Jul 2021 15:07
Overall very good.
Microtox PD/BT
Have to say disappointed RE: Microtox BT and how that was touted back in late 2020, the expectations that were given to shareholders and the subsequent morphing into something quite different and long term; I understand why, I see the long term value of why GP's surgeries, broader application of multi pathogen detection etc, just feel very/a little misled, GERARD!
PD sounds really terrific and a tremendous description from 'yer man' Finn. A lot of emphasis on China, great if it pans out as the numbers bandied are eye watering, slight reservations around the costs with regard to take up for other jurisdictions (Europe, USA, everywhere else) as new contracts since the beginning of the year have been.... ahh, let's say thin. Perhaps the new fangled AI based PD kit will drive some global sales, inspire some iphone (tech-savvy, forward-thinking) using, cashed up, decision makers to take the plunge. It makes sense, it's real time analysis, what's not to like. Oh yeah, It cost loads!
The JV with China Resources. I want to see detail ASAP. Investors have a right to know what the financial terms of this deal will mean for us. The mood music sounds great, the proposed production capacity, the near term demand from the provinces; all sounds go, go, go - if a little, "you get to eat this jam sandwich tomorrow". I wanna see the detail, and so should you.
STC/Labskin
Yay, Android - big positive. Expanding capacity here to 20,000 p/m and USA the same capacity near-ish term, through an existing partner, though China back end of 2022 - Boo! - great stuff overall. The prospect of significant earnings in the short to midterm seem very possible and tangible now - income generation, horrah!
I'm still positive, I can see there is a lot happening, that the focus on income generation is being emphasised and this bodes well for the future if it can be realised. Best of luck to the whole team at DVRG and congratulations, for the hard work invested, and the progress achieved thus far.
My view (clearly) if you don't like..... you know what to do..... actual work to do now so..... and if I made factual errors/spelling, slips in grammar that upset some, this was of the cuff, from memory, no more blether time.