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Mozax you are correct.
No one is offloading.
chris akers
@sportschris
Billionaire Yuri Milner's DST Global looking to invest $400m in Indian online education startup Byju's valuing it at $10.5bn. India’s online Edtech market is soaring after COVID closed schools across the country. #EdTech #DEV
@lenovoeducation
@VeativeLabs
https://www.bloomberg.com/amp/news/articles/2020-08-03/billionaire-milner-nears-400-million-funding-in-india-s-byju-s?__twitter_impression=true
As per RNS:
The initial £250,000 will support the Company in enabling a faster global rollout of its careers development platforms and allow the Company to quickly launch in new markets such as India and China as part of the recently announced partnership with Veative. "
I would say there will be news imminently :-)
"the balance of 17.5m shares will be subscribed for subject to the publication by the Company of a prospectus by the original back stop date of 31st August 2020, raising £1.75 million before related costs."
Not long until the prospectus then? Good look :-)
Womo and Mozax this is a case of buy high sell higher :-)
Well done anyone who managed to buy anything yesterday on the dips. With the big boys onboard I’m very comfortable letting the management deliver now.
Now for that India and China news :-)
What is Silicon Valley’s plan in India? India has 500m smartphone users and is expected to grow to 700m by 2022, according to Counterpoint Research, while a further 350m currently use simpler “feature” phones. https://ft.com/content/318bdea3-d162-4cf2-9ffd-905e8520cf40… #DEV
@VeativeLabs
#EdTech via
@financialtimes
https://amp.ft.com/content/318bdea3-d162-4cf2-9ffd-905e8520cf40?__twitter_impression=true
Buy the dips :-)
I preferred Big Brenda, she was more rampy haha!
Good luck everyone, I'll be looking for that red dot RNS in the morning :-)
Gidget and Barnard I’m of the same opinion. When I first did my research on the sector I thought Dev could reach 20p a share. If we get the news I’m expecting from the trading statement I think we won’t be far off my first target. However a lot has changed since I first bought in early this year. Now we have access to the India market which is a game changer, I’m sure this is why Sami has bought in and Johnson increased. If you look at Dev’s competition that Akers keeps tweeting about we are looking at a much bigger valuation then I first thought. Dev have had a blinding year to date, I have confidence in Jeffries and I think he will deliver.
Good luck all, trading statement should be released next week and then the prospectus :-)
Robert Johnson
@EvertonRob1
·
1h
Just loved looking at this today. In my opinion a long long way to go yet and a very “clever” investment
@dev_clever
#Dev #Rocket #PlayingWithFire
Still here Blackrolie00....you bought in yet? Or you still waiting for 1p?
2 x big buys
24-Jul-20 17:10:13 9.60 790,388 Unknown* 75.88k O
24-Jul-20 14:37:49 9.25 2,000,000 Sell* 185.00k
Bring on the good news :-)
I said I would be happy with a 9p finish, something is happening behind the scenes!
Very bullish now :-)
Good luck all! (I think we can now say seller is out!)
I’ll take a 9p finish today and a good trading statement on Monday morning :-)
Prospectus to be published before the end of August, should be a good few weeks.
Guys I’ll be surprised if we get bad news. Just some highlights from this year:
“Fri, 27th Mar 2020 07:00
Current trading remains strong with subscriptions for the Company's SaaS-based career guidance platforms, Launchyourcareer.com and VICTAR VR ("VICTAR"), increasing by over 223% since the end of February 2020. This takes the total number of UK schools using the platform to 191. This increased demand is a direct result of more schools identifying an immediate remote-based learning requirement. In addition, the US launch of the platforms, in partnership with global hardware manufacturer Lenovo, remains on track for April 2020.”
I doubt subscriptions went down after February 2020. UK had just entered lockdown when this was released.
“29 April 2020
Dev Clever, a leading developer of mobile and immersive experiences, is pleased to announce that it has now formally entered into a three-year exclusive worldwide partnership contract with Lenovo Group Limited ("Lenovo").
Dev Clever is currently presenting to a large number of Lenovo distributors and resellers and it is anticipated that material put through volumes will start to crystalise during the latter part of the 2020 calendar year.”
This was followed by a rollout in Canada, a partnership agreement with Veative Labs (Dev enters the India market), 2 x TR1 holdings, Intrinsic investment at 10p and Akers can take a possible further 50 million shares.
Does anyone really think we have bad news coming?
I’m excited to see this trading statement and still think we are undervalued :-)
Good luck!
Seller is back! Alan Duff tweet:
#DEV added yesterday at 8.4 Whoever the seller is please get your broker to call Cantor and I will place your stock.
Fun and games always :-)
Exactly my thoughts Barnard, everyone is buying pharma’s after the SNG rise. They all won’t do 500% in a day!
Healthy pull back before news. RSI was a little hot so all good for now.
News can drop any day now and I personally don’t think it will be bad.
Good luck all invested :-)
https://hitmarker.net/amp/jobs/588040?__twitter_impression=true.
Like this:
“Have a proven record of positively impacting revenue goals“
Nearly three times the amount of buys to sells so far today, I'm not sure Sami is finished with the buy button?!
Looking forward to seeing these delayed trades :-)
Money is pouring into edtech
#DEV
@dev_clever
#VRE
@VeativeLabs
#edtech
Vedantu raises $100 mn from Coatue, valuation doubles to $600 mn
https://www.livemint.com/companies/start-ups/vedantu-raises-100-mn-from-coatue-valuation-doubles-to-600-mn/amp-11594898903783.html?__twitter_impression=true
Lots to look forward to:
• Trading statement
• Published prospectus
• Intrinsic investment at 10p
• At that point does Akers buy more as per RNS? That’s when it will get interesting :-)
By the way I highly doubt sales are low with new Tr1 holders both taking over 4% each this week. Funny time to be increasing if you thought you could buy lower in a couple of weeks...
10p is a psychological barrier, once broken that’s the floor for Dev.