Member Info for Newuncle

145k sell......'kin 'ells bells

Chesh,

Don't you remember back in day (end of 2020 I think) when Gerry told everyone he would not nee to raise any more cash....then we got £10m (needed to show financial strength to China Resources apparently) god knows where that money has gone..and then the new £25m credit facility (£4m taken to date).....

Smeeno,

Only that said because usually when someone asks why you remain invested the next question is 99/100 then why don't you sell and feel better for it.....as for Gerry feeling it not necessary to update on the £24m TP forecast...well I cannot speak for Gerry's attitude towards if/when he will affirm or reset expectations for full year 2022. Maybe Gerry remains cautiously optimistic but that's in his DNA as we know. And I would say £24m would be the top end rather than that the lower IMO he is banking something delivering those numbers but without any guarantees as just don't have the contracts in place (unless Labskin absolutely smashes it in 2022). Until this unknown known becomes a known known I guess Gerry can just sit on his hands and say nothing has materially changed because it hasn't but how much longer he can leave it hanging I do not know.

Chesh,

Like I said, it's "Official" released via RNS. I aint saying its good or bad. Just that Gerry did say previously no further fund raises needed...enuf said when it comes to what Gerry says and what Gerry actually does.

Smeeno,

Call it what you like but that £24m is NOT official DVRG company guidance issued via RNS. Its a forecast by one of the least respected brokers in the whole market.

The world and his wife were buyers in the 30s, 20s but now as we approach 10p levels hardly anyone wants them.....MAD init

Hi Chesh,

Seeing as I seem to get asked this quite often perhaps you can explain exactly why you remain invested here?

Is it cos you luv this BB so much?

Is it cos you luv Gerry so much?

Any other reason(s)?

Chesh, Yes Item line 3 might be relevant then to Davde's Q?

Some projections (assuming 200 units a month made and leased every month for 5 years) is 12,000 units too low or too high tho?

units PM @£1200 PM 12 months Tot Units
Year 1 Jan 200 £240,000 £240,000 200
Year 1 Feb 200 £240,000 £480,000 400
Year 1 Mar 200 £240,000 £720,000 600
Year 1 Apr 200 £240,000 £960,000 800
Year 1 May 200 £240,000 £1,200,000 1000
Year 1 Jun 200 £240,000 £1,440,000 1200
Year 1 Jul 200 £240,000 £1,680,000 1400
Year 1 Aug 200 £240,000 £1,920,000 1600
Year 1 Sep 200 £240,000 £2,160,000 1800
Year 1 Oct 200 £240,000 £2,400,000 2000
Year 1 Nov 200 £240,000 £2,640,000 2200
Year 1 Dec 200 £240,000 £2,880,000 2400
Year 2 Dec 200 £240,000 £5,760,000 4800
Year 3 Dec 200 £240,000 £8,640,000 7200
Year 4 Dec 200 £240,000 £11,520,000 9600
Year 5 Dec 200 £240,000 £14,400,000 12000

Davde,

Re financing the costs of leasing (manufacturing and re-agents) maybe that's why Gerry took out the financing plan he revealed recently?

Bear last year finals issued 4 May so anytime soon

If dvrg can make and lease 200 units a month the incomes could be huge.

That's £1,000,000 per annum.

Or to generate £1,000,000 revenue DVRG need to lease 70 units.

Chesh

That = £1200 per month per unit. £72,000 per unit over 5 years.

Davde,

from 11 march RNS

The multi-year lease, monitoring and maintenance recurring revenue business model overcomes the seasonal financial cashflow problems experienced by Modern Water when it was a capital equipment sales business. Support and maintenance costs are built into the annual operating expenditure of the client. It offers additional sales opportunities with an established installed base around the world where the Company can offer upgrades and upsell higher value equipment without capital spend by the client, increasing revenues from the value-added real-time monitoring service"

Serviced Lease explanation: Of the £5m production orders, 27 Microtox CTM units with a sales value of $1.08m are to be installed on a 60 month serviced lease with monitoring and consumables at $40,000 per month. This is $480,000 over the first 12 months from installation date resulting in $2.4m over 5-years.

Chesh,

TP also have a 94p price forecast.......hmmmmm

Smeeno,

Happy if you are happy to be seeing all thru your rosey tinted specs and you have no interest in the reality of what Gerry was very clear about in his explanation of a recent RNS.

I think we should stop our exchanges now as it is clear this could get out of hand and I really don't want the BB getting filled with our to and froing,

WTF is meh meant to be or are you trying to be cool or something?

No, I don't want to go back down that rabbit hole again and again. Perhaps you can explain why you are invested when you don't even understand the business model for PD?

Smeeno,

Firstly, that's a very, very big IF.

If at some point UK Govt do decide to adopt DP units we won't see sales of hundreds of units per month so pointless talking of sells in the £25m plus range, that's just pie in the sky.

DVRG would not "sell" a single unit for a UK Govt contract, they would be leased which is a totally different business model with very different financial mechanics from the one you are thinking of with units being sold at £xx,000s each up front.

Gidget,

Those days of seeing triple % gains on a single contract news RNS in a day are long gone and even if they happen they don't stick.

I can see both sides of the argument here (Smeeno very PRO and RB40 very ANTI).

I have a foot in both camps as I have been here long enough now to have enjoyed the huge UPS as well as the DOWNS with SKIN and now DVRG.

I just wish Gerry would understand that PIs don't invest their cash on the basis that it would do good for the world (that might be a spin off positive of course) but it's to make a return. Now clearly some here will argue that investing to make money can take years, yes it can but we have all seen what happens when a company doesn't show what it is actually doing on a regular basis. Combine the lack of newsflow with dire markets and then unexpected increased borrowing and you get the perfect storm driving the SP down to its all time low (as DVRG plc). But where are the bargain hunters then? As usual PIs avoid shares as fall away. They will buy again but only when they see it climbing again (classic FOMO) they won't be taking shares in enough volume to counter the seller(s). Feels like Gerry has become quite removed from PIs these days and has lost the confidence of more than a few of us Rainbow Chasers now. 94p broker forecast also looks so detatched from reality can anyone take that seriously any more? Gerry's tweets just seem to cause even more negative reactions rather than appeasing PIs or stimulating interest they seem to be mocked or just not accepted as worthy of mention any more. Too easy to keep on hiding behind Govt processes etc etc (btw it's not supposed to be all about the just the UK anyway so wtf is actually going on elsewhere (USA seems to have just disappeared). I see DVRG are still advertising for sales managers, why are still having to do that even now?

I'll give Smeeno a chance to say his piece next.