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"Pierre's motor designs have helped revolutionise the industry and with the addition of his skill set, we believe DGI will be able to deliver on start of production of our Pareta® electric drives on an accelerated timescale."
This says it all about what they want to achieve in 12 months. The SP this low only points to top up opportunity.
But is Swazman the real Mrs Boughtwood?
Mr Boughtwood will probably be fired and Mrs Boughtwood will probably (hopefully) spend the next few years in prison.
I am gutted with this news but we all suspected there was a seller at loose, $152k sold in some weeks or 0.99% of the company is pretty significant. Hopefully once this news settles, we can start to reignite some momentum in the SP or hopefully a bumper RNS comes out to spring this into life. Either way, great top up levels and the narrative has not changed. I am just glad the crooks are caught.
The SP is 400% up Vs September last year. Yes it is down Vs 3 months but people need to remember this DGI is at this stage, only a advanced R&D company. Partnerships, JV etc, are brilliant signs for what the future holds but right revenue is tiny amd valuation is only held on the technology at hand. Today that valuation is 13m (Mar cap), imagine that when DGI starts producing and to scale (India, Marine, Tier 1 company), where this could be. I actually think the SP is very fair for where we are. My average is higher but I am confident I will be adding 10, 20, 30 times onto my investment in the next 2 to 3 years. As I've always said, production at scale is the unlock to DGI amd we have sight of the first time, Q1 2025, mentioned in the Evage RNS but also 1 year ago in a presentation. Everything looks on track to burst open! Patience is key until the end of the year, more big RNSs will follow before then. This is the time to either hold and if you can afford to, top up at favourable prices.
Apologies, I did not mean to make anyone feel old. As they say, 60 is the new 21 and our generation rely on your experiences :).
I suspect that this could be the start of some very exciting news. Visibility on the main market when you are a nano stock is not great, being on AIM increases the news of what is happening and is able to generate faster SP growth and DGI need this stock to be closer to 1p. Something keeps pecking my mind that a monster RNS will follow the transfer of listing, just the wording of that statements smells suspicious.
Either way, in it for years and not days. I'd quite like to retire before 40 :).
Fully agree staylong. I'll flip the story to show the other side, my average is about 20% above the current SP and honestly I am not phased. I'm in this for the long run, I have a big holding, I'll throw some more in once I get a return from other investments.
The markets in general are impacted by the financial crises going on globally, political issues and much more. The number of people taking "risks" in smaller cap companies is on the downtrend for now. As I have always said, confidence here gets installed when production is in sight and given the last RNS, it suggests Q1 2025. You therefore have two choices; 1) hold and top up on moments when the prices reaches lows like today 2) sell (for a loss or whatever gain you may be in) and use your capital elsewhere and then buy back in, possibly at a higher price. You either are prepared or not for the wait!
So glad I got out a month ago when in profit.
I just think it's crazy that genuinely good news with this company is rewarded with a patchy SP. Then you have companies that provide dodgy results but grow 10% to 50% and maintain some of the gains. Someone is holding this stock down for now, but you can only keep a fart in for a certain amount of time. DGI will rip soon!
Yeah chill out Daz, causing a bit of a drama there ...
Good on you Warrie, I made a very good amount from he1 earlier in the year, I tried to go back in a few times since I sold my entire holding but have had rotten luck! I guess i cant complain with going from 0.19 to 2.95.
But I do the same as you, top slice my shares and top up here. One day the SP will be where it should so in the lomg run, I see top ups a win win.
What a day and I don't even care about the SP right now. The level of buys really shows the interest and the understanding today's news has bought. I don't think I have seen as big of buys since the December rush on the news of the 3 wise men. I won't sit here and ramp and say this is going to hit the sky next week, but I'd say take note of what is brewing, a production target has been announced. Here is hoping that by the end of the year I win the competition of the SP game we played in Feb! Have a fantastic weekend guys and enjoy the chocolate fest.
Https://techcrunch.com/2022/01/13/evage-raises-28m-to-be-a-driving-force-in-indias-commercial-ev-revolution/
Old article but I am now looking into what Evage are doing and it is transformative. I think they also raised another $30m this year, the partnership and journey could be amazing.
"The parties are focused on concluding definitive documentation for the JV, together with any foreign direct investment and other regulatory approvals required in India, as soon as possible, with the parties targeting the start of manufacturing by the JV within the next 12 months."
Since I have been invested (which is later than some on here), I have exhausted every avenue of research possible. I do not have the academia to truly appreciate the brilliance of the technology but I have the wisdom to understand that this is game changing tech. I have steadily over the last 4 months invested almost 10m into this stock at all sorts of prices.
Having a manufacturing background (not in this industry), I know the importance of getting to market quickly. That statement above is the one I have been waiting for, for a long time. PBH also states "large scale" and that is exactly what it can be. I have been to India many times over the last 20 years, it is my ethnicity, you can see the scale of change that happens, and the speed. Travel is a sector that has not managed to keep up with the ever increasing infrastructure and cultural change but I know it is very very high on the agenda and the opportunity to convert a system that is years and years old to a modern clean energy one, is huge. If you combine the change needed with the size of the market, this JV could be mouth watering in 5 to 10 years. I am really excited with this news, it is just an MOU for now, but once the finalisation happens and production can start (Q1 2025 looking really likely), sub a penny will be gone forever. DYOR and GL.
Got a link?
Great video, love the need for facts. However, that hat, i just cannot take him seriously with it on.
Its possible but again, went back to the trades at that time and the bid was 0.23 and ask was 0.24. Sells and buys between. you must have some special privileges.
Defo some cheap shares on hand but under 0.20? Not seen a single trade below 0.21 today.
Https://www.ig.com/uk/view-all-shares-markets
I am clearly doing something wrong as I cannot find DGI on the stock list. As i said i do not have an account, looking for a new one to open so maybe you need to be registered to find it?
Either way, love that Charles Archer is doing some PR for DGI and ranking them 4th.