Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
I not long ago 200k shares was £80k.
Was having a look back to see when the FY report landed and it was 30 June (very last day). I noticed this on 24 June, wow, nearly a year ago -
"The successful completion of the Phase 3 field trials clearly demonstrates the capability and value of Microtox(R) PD to identify dangerous pathogens, including SARS-CoV-2, in real-time. By establishing a permanent anonymised mass surveillance of wastewater, DeepVerge claims a world first real-time defence against this global pandemic. The installation of Microtox(R) PD wastewater units will enable live data to simultaneously identify the source of COVID-19 cases as well as identify COVID-19 clusters with the ability to indicate the size of each cluster. As the data grows, the central AI system has the potential to predict the trajectory of growth of future clusters of SARS-CoV-2 or any future dangerous pathogen .
"Having achieved this major milestone, we are delighted to enter this agreement with EPS Group who complete the final step of installing, retrofitting and maintaining our Microtox(R) PD equipment. With this level of established technical engineering support and distribution, DeepVerge can now offer an end-to-end solution for public and private clients across the European wastewater sector. We expect updates from our Joint Venture agreement with China Resources and roll-out in the US to follow early in Q3. "
To be fair muggins MWG m’s revenue had fallen below £2m FY when it was taken over so it has been an impressive turnaround. I like GB and his enthusiasm but I think many are fed up of mini ramps and would rather delivering significant RNSs and not fluff.
Hopefully the AR is transparent and we have divisional breakdowns and report like a more mature co. I’ve a good example of an AiM PLC, market cap of £100m and a tidy AR with KPIs and divisional breakdowns. Considering TP’s 94p or whatever we would be double that share price but this is to illustrate where we should be. Clearly little by little as we can’t jump their in a year and we don’t need to spend a lot on the AR (I think a waste of money) but reporting clearly on the website and in the AR with an operational/divisional breakdown and KPIs as well and investment case and business models is key.
https://www.nwf.co.uk/download_file/force/375/196
Been saying that for ages. The recent presentation slide ignoring China and mentions interst from Silicon Valley FFS. Embarrassing.
NU I still hold probably more shares than you?!
Which of my points to you disagree with?
*results of PD (not BT) testing and roll out due
Little wonder why volume has been so poor and share price on the slide looking at those slides. Deary me.
We need a 150% uplift in revenues to hit guidance so I’m not sure 39% or whatever is really cutting the mustard. So from Q2 onwards they now need to make up so need more than 150% (albeit not too bad as Q1 always quiet). No mention of China in there but including some woolly statement about interest from Silicon Valley in skintrustclub illustrates why Gerry shouldn’t be CEO. A shame these venture capitalists don’t see the value in buying shares in the group at these rock bottom prices.
Will GB report properly in FY results, will we see some transparency and KPIs etc?
The frightening element is funding through high interest loans and if growth continues to be double digit and not over 150% generating cash to pay off will be tricky.
See what the next few RNSs bring but results on BT testing and roll out due, he can’t ignore China resource in results so it’ll be interesting to see how that’s spun and having been critical of ‘analogue’ LFTs I hope our costs are minimal.
We are nearly a year ahead (not a lot) but they will also need extensive phase 3 (against standard of care) whereas we are delivering standard of care. Remember there are lots of different cancer types that have different treatments so sadly a lot of room for new and effective treatments.
You thinly veiled accusations of one person with multiple accounts. Really couldn’t be arsed with that. I’m tickboo on ADVFN but that’s it for BBs. Any answers Chesh or you just clap wildly no matter how far out profit is pushed?
If anyone bothers going and GB takes questions please ask - is CR deal still under negotiation and does he regret his ludicrous time frame.
Is he concerned from £9.33m to £24m is some 150% increase and we only had 39% increase in orders in Q1 which means the remaining Qs have to be higher than 150% increase to make up the Q1 shortfall.
From criticising LFTs and the fact they are analogue whereas BT digital much more sophisticated why are we looking to spend time and money on LFTs when BT is still in testing? A U-turn?
Why did we drawdown from the loan when we should have had sufficient cash to use given H2 EBITDA positive as we could drawdown a little later to save interest.
How concerned are you the share price is lower than the discounted raise from over 3 years ago and do you feel the market retains confidence in you (maybe not the last bit).
https://www.thetimes.co.uk/article/raw-sewage-in-rivers-to-go-unchecked-w6ndkbmsw
https://economic-times.co.uk/politics/govt-allows-raw-sewage-into-rivers-to-go-unchecked/
https://www.reddit.com/r/unitedkingdom/comments/urgiyq/raw_sewage_in_rivers_to_go_unchecked/
What the gov says it wants to do and does are very different. Yesterday articles all over the press highlighting how the gov will continue to allow raw sewage to go into rivers unchecked. Check Google out.
Any idea re China resources, the initial aim was for an signature before end of last June to be operational by Sept, pushed out to year end and now silence. I would not hold your breath for UK monitoring any time soon.
US ACTIV-2 positive trial results needed to supplement. Positive news and hopefully more en route.
It re-instilled my confidence for definite. Hitting the programmatic milestone will see the flood gates open, surely. Being part of the media/ad eco-system will be massive.
They certainly have the impression positive RNSs to land in the coming months. I’m awaiting news elsewhere and will increase my holding here. Hope it remains at this level for a couple more weeks.
Crazy they are collecting manually. Surely if UK gov trials are a success and orders are placed it will be the catalyst for others to follow. A shame I had thought China would be the first given their stringent policy but the point is the first gov to order should make the following ones a lot easier to close.
I think we should be excited about all those points aside from BT. If that comes off it’s a bonus but not expecting any meaningful progress for a good while. If we get gov orders after trial is concluded that is massive and will hopefully be a domino that falls into the next snd so on. As much as Gerry frustrates me and a good guy but not my cuppa for a CEO the tech and potential here is massive so selling at these levels seems crazy. Some entity sold a massive chunk yesterday which is hard to reconcile.
I hope the AR is more like a £100m market cap PLC rather than £10m and we have some meaningful KPIs, a few baseline ones that can be added to as we mature. Although the AR will be published in H1 given the sentiment and poor share price a meaningful up to date operational update wouod be good too. How is each division doing and hopefully some form of update on China resources deal.
The issue is creating a sustainable business and yes we need finance to do that but decent CEOs will raise money at a premium to before and sadly GB could not do so and we need some 175% uplift to get to the last discounted placing price. He’s tweeting about something we are not currently doing, loves spinning too many plates. I dread to think how much he’s spanked on skintrustclub, China Resources deal he said wouod be signed by last June (operational Sept) snd it’s not even mentioned. No material deals and we need a massive H2 to get near to guidance and the issue will be generating cash to pay off the high interest loans. IMO we need a new CEO and FD/CFO.
Gerry can be a NED. No more from me but taking out £4m at high interest when we should’ve had sufficient cash says it all. Clowns.
And I suspect until some tangible news delivered (as opposed to jam tomo BS) Gerry will curb how Twitter ramps as they are going down like the share price. He’s not reading the room which is due to having his loyal followers. A shame as I’m sure if the group was in more appropriate hands progress and or profitability would be in sight yet we match our revenue with the size of raises of loans we take out.
Share price basement and well below discounted raise from over 3 years ago. Stop your rampy tweets and create some shareholder value.
https://twitter.com/gjbrandon/status/1524621255189712897?s=21&t=VZFOLrjTOQ0ILqdmUH91tw
Thanks. What’s current guidance?
Gidget, end of Sept we will have H1 results published so I will either bail or hold. Beforehand I really hope we start behaving like a more grown up business and not half baked jam tomo RNSs (often with errors) snd a tin pot annual report without transparency and KPIs. Time will tell.