Member Info for Newuncle

How are we supposed to value the shares here now? Seems like our seller(s) are still exiting the stock and dragging down the SP with their trades. However, company at end of December 2021 had:

Cash £3.5m in cash
Annual Revenues @£1m
Loss making but Debt free
Current MCAP @4.5m based on £00.007 bid price

I know the price can carry on dropping with continued sells but surely there comes a point when that has to change but will it take an amazing RNS on contracts as it doesn't seem likely as most MSYS deals are too small to warrant RNSs. Lack of broker coverage probably is not helping although not convinced a bullish broker note would actually change anything.

Any thoughts on where the bottom might actually be here?

Then they are still stuck with shares if no one is buying the sells

I would like to think I could stay at home and have a young Babs Windsor type nurse character (no qualifications necessary) who could "treat" me at home.... I would be like her Sid James....right that's it, I am done today, off to enjoy the cricket. 84-3 and England need 215 runs to win.

Chesh,

At this rate any monies I make here will all go on care home costs instead of wine, women and fast cars (I was going to waste the rest)....imagine sitting there looking out the window thinking might have been as the nurse reminds me to take my pills and drink lots of water so I don't get constipated.......

Good old red tape govt processes then....and there was me thinking this was still urgent and important....back to snoozeville then, roll on 2023/24.

Chesh, Whatever happened to the Likely Lads.......nope, the UK PD trials that got extended and extended, I thought must have finished by now.....pleeeeease

My Fav Chesh

Not
Doin
Anythin

-6% on the back of @£3k sells....market is broken.

Interims in September which is another 3-4 months away, at current rates of SP change any guesses where the SP might be at by then? Could be a huge bargain buy if it goes to the kind of price that SKIN did back in the day at equivalent of 8p? You may LOL but how many here thought we would see the DVRG SP at 11p the bid from 25p just 3-4 months ago?

Don't know about "fully diluted" but current MCAP is just £4.5m hardly challenging but as a small cap yet to prove it can show decent revenues (£0.9m for 2021 but loss making) + £3.5m cash in the bank (as at 31 Dec 2021) so maybe round up to £10m + value of what the company owns so maybe £15-£20m or £0.0025 to £00.0030 per share? Not that I would expect anything close to that with the SP at £00.0007. Anyway doesn't look likely so all a bit academic imo.

23 June results will be for full year to Dec 2021 not half year to June.

Cammy,

I don't think anyone would argue against your post. GB has consistently failed to meet his own expectations that he set via social media over and over and over again. For that he is 100% accountable for overstating the company's and teams abilities to deliver previous holy grail solutions to the Cruise Sector, to China Resources, to the NHS, national PDs to DEFRA & water companies, who can also forget the working with DELL Covid 19 unit to be distributed nationwide via petrol stations and even shops for individuals to get instant tests and covid passes to events/venues and even at airports using scanners in the same way people do for their boarding passes. None of those became a reality, None.

Forward looking we now have STC as the next big thing, difference is that STC has actually happened and is being aggressively marketed anywhere and everywhere so the product itself is being taken up by the targets markets unlike the above. Maybe just maybe, STC will be the Unicorn GB has been promising us for all these years.

OK Bear, can you say what made you buy these and when?

Maybe but GB seemed completely disinterested when the same subject was raised previously which is quite surprising as Gerry does like to collect any and every company he has used to supply goods and service to DVRG. The lack of new CEO appointment after Glenn's departure also made me think GB would want to take MSYS within the DVRG family but maybe he feels he has enough shares in MSYS (along with his "investors") to keep control no matter what and no bidder could get approval if they tried to buy it.

Bear, He will never discuss the share price with you or me. Results will be out on 23 June and we can then all see what's what although of course it will be a bit dated when it comes to the financials.

Almost all AIM shares are trading at lows now and many of the super gainers from last year, 2 years ago have given their gains back. Looks at NCYT, BOO, YU., TNT etc etc loads of former stars now scraping along the bottom. There's no magic button to fix that these days unless a company received a bid or transformation contracts.

Don't be silly Bear no point even thinking of raising that issue. After all it's not Gerry's fault if the market doesn't get it and people need to be patient, remember over time not over night.

Bid 0.0007 MCAP £4.5m but as far as MMs are concerned MCAP seems irrelevant these days. GB could use funds in DVRG to buy MSYS outright but seems to have dismissed the idea which is very odd when you consider that he bought Glanaco for just over £1m to secure production for DVRG products.

He said " the Glanaco acquisition underwrites our ability to take control of our supply chains and manage scale to meet the growing global demand being experienced by the company."

"The Glanaco acquisition delivers cost savings, increases control and mitigates risk of supply chain bottlenecks delivering in-house engineering expertise to drive efficiencies and lower uncertainty where supply chain disruption is seen as a barrier to global growth."

O/T

Just looked at DJI Chart, currently the DJI is priced at where it was just before the global Covid Pandemic hit the world.

Of course now we also have rampant inflation, rising interest rates, huge supply chain issues, UK economy in decline, massive energy and fuel costs. Pretty grim picture of how hard it could be for any plc to rally whoever they are.

Smeeno,

Just my view but in answer:

Over £100m in all the companies brought in to deepverge over their life time, huge cost of entry to competitors, major IP moats. Market doesn't care about what was spent over xx years.

And profitable yes, triple digit growth this year, worst case is 100% (£20m proceeds and a few million profit) best case 999%...............Market has not been given that guidance officially via RNS, only Gerry's views that company can hit TP forecasts.

300 products tested by labskin for STC (some of them done in Q4 2021), so assume 200 x £50,000 = £10,000,000 for labskin sales in H1. Can they do another 300 products in the H2.... £15,000,000 sales , and that is without revenue from sales of cosmetics, retest sales....just wait until the USA retailers start to get going, an expansion will have to be announced to meet the demand....No RNS numbers from DVRG.

Then there is modern water.....what will they chip in, China is massive, probably the biggest market, then they play in India, UK , Europe and USA....Gerry's plan is to make this so cheap it is everywhere, solving a world problem and providing recurring revenues from everywhere...No recent RNS confirming sales or the sales pipeline. I have long wondered why DVRG don't have sales pipeline of Letters of Intent or bids submitted etc.

The van won't put any dollars behind the bar, but the development should fruit on that one next year, its about the PFA's

This share price is ridiculous. Yes and until the company actually outs out official news with £££s it will remain subject to awful markets.