Member Info for kitlow

I started on this BB when it was 4p, my average being 3.6p. You are all over the place with positives and negatives, you need to get a plan together IPman or you will keep loosing money.

So you stating you sold is incorrect? As I've said before revenue has no correlation to SP on a small Cap.

Didn't see your supposed sell trades yesterday IPman.

Grumpy investor - soon you may be able to change to Happyinvestor!

I bought in also this morning Sam12345 at 14p, kind of not to bothered if I was spiked a little today (although I don't think we have been). We should re-rate in due course imo.

Yes IPman27, every single day DEV has existed it has gone down.

See you later guys, I'm signing off and taking a break from the BB for a bit, see you all when it gets more exciting!

You keep referring to coloration between revenue and Mcap, this will never happen on a small Mcap share! Look at OCT, 60% of Mcap in banked cash, turning a profit, paying a 7% dividend and growing VS BIDS with virtually no revenue, burning cash and a 59 million Mcap. It's all about where the company is heading, potential, Sentiment etc etc. The only place you will get some sort of corolation is FTSE100, maybe.

I'm waiting to see what's next, their 10 week trial is over with the go-kart centre by the way, so news soon to see if it is being rolled out.

The SP has dropped a heck of a long way and I would be very unhappy if I invested anywhere near the 15p mark. I would also be very worried about a further drop but it's very clear that although maybe not totally bottomed out the SP is stablizing, seller is getting weaker (how weak I don't know), and revenue is coming in. The true value will out before long imo.

Saying how what is? The company has done everything it said it would and more, as we speak the company is going into breakeven/profit, is that sugarcoating? You cannot change what people buy/sell or when they do it, that's no fault of DEV.

You say DEV are going down daily, incorrect! I welcome all BB chat but it's got to be at least the truth!

Every company goes through DEV's current phase from R&D to revenue generation!

We all know the seller hasn't been selling in £10k since last August! Seller has switched from dumping large round numbers (2,000,000) in one go only last week to much smaller £10k chunks (300k), getting weak imo.

Its ashame some feel the need to try and manipulate the SP to suit their own agenda.

Someone quoted 11 million a couple of weeks ago and I've seen atleast 4 million dumped since then. The amount left could be swollowed up in minutes with a good RNS. If you are so worried I'd just sell up and move on.

Forever be suppressed! You are a knowledgeable guy for sure.

SP has risen twice and dropped once so far this week, SP drop 0.07% from close of business last week. A total of 5 trade's have been let in under the 3.4p placing.

I have a large holding and have not sold up, they is just nothing to comment on at the moment.

Remember TERN last year? Did 3300% in 12 weeks, 1.75p to 58p - my mate bought his house just after that!

Good Job we are not on Aim then!

I'm hostile because they are not facts at all.

In the last 4 trading days, we have been down 2 days and up 2 days, we are currently up 5.88% on last Thursday even with todays drop!

How can you state we are dropping on a daily basis? Clearly not facts!

Keeps falling on a daily basis?

Except all the days it goes up, circus is in town and a few clowns are on the rampage!

I totally agree gell,
Sentiment and potential, well its not even potential, a lot of stuff we know is happening, we should be around 7p or so (only 28m mcap).
I posted last week I could see a small change in DEV's movements and now its quite obvious. Remember just a fews weeks ago the seller could influence huge and rapid shifts in SP, well they dumped 2 million the other day and we went up, today they dumped and we are what 1.37% down, they are getting weak.
I'd say don't get disheartened, the truth will always out!

SecretBlueprint - thanks for your calculations last night. This is a wild guess but I'm thinking you maybe a glass half empty kind of guy?
Anyway, for arguments sake let's say your calculations are spot on, £200,000 per year for UK schools! Now I'll let you into a little secret, UK revenue is the bread & butter, the exciting bit is global!
USA alone has over 137,000 schools (23 times the UK) so based on YOUR calculations the year starting Q2 2020 revenue from USA alone is £4,600,000, add in our measily £200,000 and our revenue known from July statement £65,000 per month = revenue £5,580,000! Take out our known costs stated in July of £100,000 per month and we have a net profit of £4,380,000 in our first year and that's without all the other revenue streams that we know are going live
If you think this is poor revenue I'd just give up now!