Great Potential11 May 2020 10:48
I've been in DKE for some years building a reasonable sized stake and seeing the sp fluctuate between .35p and 1p before falling back. This is the first time it has sustained a rise over 1p and this could be the turning point. The business model has been tested with the two current projects and they are now moving towards larger more ambitious projects with a couple of universities. The idea of building care homes/retirement homes on university campus is fascinating. It gives the universities the opportunity of training nurses, carers and doctors on site while boosting much needed income. It also makes good us of unused space. For the clients the advantage is that they have access to outstanding quality of attention. The present crisis if anything reinforces the validity of the model - safe income for the universities and a safer environment for the clients.
DKE has been the brainchild of Geoffrey Dart but now needs more staff and specialists to take the concept forward. That was addressed in the last RNS along with the share placing. The company is still run on a shoestring with minimal overheads and will remain lean with most services outsourced.
At present the market cap is between £3 and £4 million which is justifiable from the two current projects alone, and does not take in the university potential. It would only need one agreement to be signed to boost the sp and would probably lead to further agreements.
In a very edgy market, DKE stands out as a relatively safe investment with enormous potential.