Member Info for Lionsworld

Sorry to hear that Dave, but im sure you made the right decision for yourself based on your own research. I'm going to be continuing with the stock. When we delist and go private, I am going to be relieved to not have to keep checking the price on a regular basis. I am 'hoping' that the price i eventually sell at will be the fair value of the company. I've prepared myself for a bumpy road ahead but I've always told myself that I will hold this for 2 to 5 years and i intend to see this through. Hopefully by then the Evage partnership will be well underway and the interaction with Cummins will be far greater.

But good luck to you in the future and I hope you recover your losses elsewhere.

Moomins with the best post on LSE that ive ever seen. Love it and thank you for lighting up my evening, I hate these long nights!

Brilliant post LMEInv. Your thoughts are the same as mine. 5 to 10 years hold this. By then the EV market will be much more established.

Thanks Andy. I'd like to be really clear, please don't go with what I'm saying for the sake of it, that is not my game. I am not looking to get one over TF, i genuinely believe in transparency. Everyone needs to do his/her own due diligence on the situation and manage their own risk appetite. What i think is really important is for everyone to understand what the risk and opportunities are of this. This is where as a group, we can come together to support each other's concerns.

I would be a fool to say I'm not concerned. I am, and I was furious when I heard the news. However the way I see it, I'm down a lot right now, selling up will have no benefit, I may as well see how this story plays out. I know how the private world works. It can be extremely lucrative if the cards are played right and I emphasise that the right leadership team is absolutely key for future success. There are clear negatives and positives for the next step, it will be a gamble on probability to see where it goes.

100% agree too, none accountants can also have a very informative view. Just because of our profession, it does not mean we have a crystal ball. Operational and commercial experts should also exert there views here. This will give more balance outside of the financial situation.

TF, going private poses risks and opportunities. The opportunities are very interesting for the company when private, they can go ahead and focus on there long term strategy without the pressures of regulation, the market, you and manipulators.

This is 100% the right move for DGI given the questionable moves the CFO has made. As a fellow CA, and given you have often stated you have grown and sold companies, you should know first hand that raising money in a private capacity can be somewhat less challenging than when private. Of course it also poses its risks. I'm still invested here despite what has happened. I will hold during the private phase too. I am invested because I absolutely believe in the product they have. Guess what, Evage believe in it too and Cummins have a serious interest.

I understand your concerns. I get the risk is not for you and you have a very transactional thought process. Perhaps you said the same thing about Tesla or Amazon once upon a time.

However, it's very hard to relate to you on here. There are many here who actually have invested, some confused, some still certain. Your constant glory hunting does not help the situation. If you want to persist in having an input despite no vested interest, don't you think that it would be better placed to actually offer your "experience" as advice to others instead of parading your own self claimed glory?

You claimed to be balanced once upon a time. Now is the time to show your true colours. Give us a balanced view on the opportunities and risks of going private. Otherwise your words on here are utterly meaningless given the current climate.

My view, going private excites me. The UK market is a hole in today's world. Investment in this country is rapidly declining. Institutions do not want to take the risk, especially with this government's leader(s). Going private is absolutely the right call which could help accelerate the long term goals. The efficiency of there product is unrivaled, 97%! The closest I have seen is 57%. This is long-term. 3 to 5 years to really generate a reasonable revenue stream, economise margins and balance operational spend. It takes time to even get investment. But hey, you should know this right? You sold a bunch companies and grew them all.

Ive never seen a business move in a linear way. Yes some, even with a great product can collapse. That's why I believe you need a world class leadership team to drive the business. From a commercial and innovation stand point, DGI have it. As ive said and as Punter has said, they need a new CFO. I cannot see Jack being in that role forever, especially when going private requires a different calibre.

It would be actually helpful for you to actually give a proper balanced view given what you said your background is.

The things I believe that need clarity are:

1) CLN outcome. Hopefully they will be cancelled.

2) matching platform

3) the CFO

4) a brief on the LT strategy when going

He did pay 40bn for X or twitter when it was making no money. Your theory is not crazy LMEInv.

Funny how the haters have disappeared here!

* ads keep ruining my typing...

We are seeing more and more companies go private and then going to list in the US. Everyone has a choice, you stick with the company or place your bets elsewhere. Im down a lot, im worried but not panicked. Going private has it's benefits as well as pressures. However I cannot see this staying private for that long. I think the aim will be to list on NASDAQ. If we do, then this gets the recognition it needs. The biggest flaws of why we are here today is the CFO, he failed to raise the money and play the IR game. We move forward now and hopefully with imvestment to propel what is already an established bit of tech.

Hope everyone is okay, TF, it would be great to stop asking for apologies, read the room mate.

All, what a day yesterday was. I don't think anyone expected that, even our mate TF. However, the fundamentals of this company remain the same and the biggest issue is remaining listed in the UK. LSE lost 88 companies last year and only gained about 20. We are seeing more and more co pa it's go private

Cat got his tongue by looks of it.

I agree punter. The CFOs background is very weak and I really question his ability to influence big investors, ive not seen anything yet.

TF saying that it's a hard job for a CFO as company always needs cash. 1) it is his job and that is why he is paid a cfo salary. Raising cash in the right way is literally what i expect. 2) cash is not as much of an issue as TF makes out, it's interest from big investors that we need. There is a weak financial strategy, you get a new and experienced CFO, the game changes here. And this is not an attack on Jack himself, I'm sure he is amazing at what he does, but it's so so important to find the right finance leader in a company not producing yet.

The current situation is tough, and the share price doesn't reflect the real value, which I believe is between 0.30 and 0.50. There's been some talk about Peel Hunt, but we have no solid evidence. Before criticising the institution, we should report any concerns to the FCA. There’s also a local clown spreading negativity (and not the kind that is appreciated) and offering questionable analysis.

That said, this year brought us a signed joint venture with Evage in a rapidly growing EV market, with orders of around 35,000 units over four years. There’s also a potential 75,000 more units to allocate to another partner(s). In addition, we have a prototype is with Cummins and we are awaiting feedback, there’s a patent in China and we’re still waiting on some information about the marine sector. There is also the number 10 picture ... what was that all about!

It’s been a rollercoaster year, both literally and figuratively. The ex-Tesla team has done a great job, but the CFO needs to go. His handling of certain financial matters has been concerning, and there seems to be a lack of a solid financial strategy. This isn’t about cash flow but more about aligning the strategy with the company’s goals.

Overall, I’m excited about 2025. I believe revenue will start rolling in once production starts and ramps up, and then we can understand the margins and revenue from the Evage deal.

Good luck to all investors!

This looks like MS standard christmas photo of people signing papers. HOPEFULLY something important but based on history, nothing really comes about. There was a lot of Christmas hype last year too. The civil war in the region is very difficult to navigate.

If WCAT does get this over the line, the fair value in my opinion of a share, before production, is north of 0.50.

TF you came to your assumption by looking at old presentations from 24 months ago? I've seen you write this a few times and I'm bemused no one has picked this up yet. You are comparing apples with pears.its like saying you want to grow the the AI market but you are still using statistics from 2005 to build your assumptions. There is a new board and the only remaining person who I believe shouldn't be there is the CFO.

Fair enough if you want a personal estimates for your own DCF, but to literally sprout meaningless predictions on cash needed and blah, without meaningful data, if you was an actual accountant, you would know exactly what you are sharing if literally just noise.

You would be sacked by any reputable company for making such poor conclusions on no solid base of data.

If anyone on here cannot see that TF is a massive troll, let god help you. I've made my final assessment after keeping quiet and not reacting for a while, this dude is not a transactional accountant, I wish it was, this guy is working for someone OR trolling this stock hard, amongst others too. I don't believe anything you say.

People, becareful what you read and how you make your decisions.

Thanks for checking punter. 7m and 7b are hugely different! I retract some of my comments regarding 7m then!

Also just to add, if the current SP was below the CLN price, we would be in deep trouble. We are over 100% above the CLN price, we are in the safe zone and I cannot see how 7m shares at 0.035 will have a catastrophic impact on the current price, as long as we stay above the 0.07 range, the commercials are strong and there is a financial strategy. My assumption only, but im far less concerned right now about CLNs, im more concerned with the dates for production and timelines for success. We have the first bits of info, let's see how the story unravels after.

Very clear for me although I would challenge your assumption that it's baked in the current SP, it's not converted so I highly doubt that.

However, the logic to use CLNs as a loan to initiate an uncertain period makes total sense. With the new regs around raising money on the main market changing, it's probably less likely that we move to AIM, but I have no evidence behind that. Also, 7m shares for 2.4m in cash, even if they did convert, it won't make much of a dent on the SP.

It really is a none issue but we do need a RNS to clear it up.

Thanks SL.

TF, I agree with you on CLNs, it needs clarity as we have now moved past the date.

However, the day I see a raise of £15m, I'll eat my own hat. It's never going to happen like that and I'm confident on that one. I'm nto ruling out another raise, but 500k to 1m, I think would be the max.

"to certain institutional investors at a price of 0.08 pence per Ordinary Share (the "Issue Price")"

Yes another funding round but only £500k at 15% discount. Not the crazy sums sprouted on here previously (£13m at one point) and at crazy discount predictions (50% I saw). Dilution will be minimum, a serious institutional(s) investor has snapped the shares up and price is holding strong above the placement price.

In order to keep the doors open AND support the JV venture, £500k is the requirement. As ive always said, funding is inevitable, like Thanos, in an advanced R&D company. The amount needed is incredible itself, especially for a start-up. Scaling and setting up partnerships can be super expensive but this demonstrates good cost control, which is what we want to see when we are on the verge of commercialisation.

The current SP sucks, we all know that. But the reality is that the value is not today's SP, its for 5 years, 10 years and whatever future timeline you wish to hold for.

GLA

You know that you can all filter the fake accountant? Back to basics, the less you respond, the more they get bored. Its no fun talking to yourself. I think 99% of people now realise it's the fraud factory. Save your breathe for real talk.