Member Info for Newuncle

RB40,

I think the main issue now is that PD units are not being sold in volume as clients clearly don't like the idea of paying for the capital associated with the kit up front and the current expenditure for re-agents on an going basis and they have just said thanks but no thanks. Hence Gerry has changed the sales model completely to go to Current Account only where client can get the kit and the re-agents on a monthly costs but where DVRG expect them to honour a 5 year contract to make it pay long term. Of course this means DVRG has to cover the capital cost themselves for the manufacturing and then wait for xx period before that cost turns to a profit (subject to kit not failing and having to be replaced of course) and longer returns on CAPEX involved such that a 5 year lease contract would not be "profitable" until Month xx kicks in. It all pushes back the bottom line to DVRG from where we were previously and increases the risk to DVRG. On the plus side, the company might be able to shift alot more kit to alot more clients using that commercial model but they would still be waiting until a later point than before make any real money from sales.

Hardly encouraging for anyone who paid over 25p and can't add though as they would still be down on their investment here at year end if it bagged here by year end.

Chris,

GB does deliver but unfortunately it doesn't last very long for PIs involved.

SKIN amazing returns pre DVRG takeover (if you timed it right)
MWG good returns pre DVRG takeover (if you timed it right)
MSYS great returns after placing, now trades at almost giveaway placing prices
DVRG has been a total flop for any investors and trades at all time low today

People can keep banging on external factors which we all know about, but how come DVRG is down >50% in its own sector which is actually trading higher than it was 6 month ago in spite of the known external factors? Someone tell me please.

DVRG is listed in the Medicine and Biotech Sector which is actually higher now than it was in September 2021 (ie over 6 months) so it's not a sector thing that's dragging DVRG down.

https://www.lse.co.uk/share-prices/sectors/medicine-and-biotech/

Feels like watching a re-run of England Team taking their penalties with all these missed targets here.

well done

Barda,

But then why is no one buying any more?

oooh look Chris there's a 1 trade at14p so someone else is buying with you today.

No Chris, we have all decided to leave you to it on your own now, good luck

Hello ****er are you bored with ADVFN and come here to rant instead?

Please can you guys either just filter the troll or just report his posts to admin. Engaging with a troll serves zero useful purpose for the rest of us having to read all this endless arguing. TIA

This helps explain what "production orders " might be used for:

https://www.mgtrading.com/different-types-of-manufacturing-production-orders

And no reply was seen.........shhhhhh

AR,

Looks like GW is a TW stooge and reading a script supplied by that so called "sherrif of aim"

TT I know

Davde,

Correct and previous to June 2021 they dropped from 10,871,943 to 9,571,943 (as at June 2021) a reduction of 1.3m so if they are true to form they heavily weight their sells to the 1ts half of the year (or more likely Q1 ahead of new tax year).

Sell outnumber buys now because of them

They like to trade in 50k and 25k blocks, latest one showing 25k at 15.25, at this rate we could close flat or worse. They simply so nor care what prices they get any more and have not for some time.

Davde,

Not necessarily as they are an overseas based holder (Switzerland), they have no obligations to issue a TR1 once they go below 5% which they did in June 2021.

Previous Holding 10,321,943 6.550%
June 2021 Holding 9,571,943 4.450%