RE: Notes from Investor Presentation in July13 Sep 2019 13:47
Yep, already had a holding prior to the presentation but increased significantly following it. The simple fact is that the majority of PI's don't know about DKE but word is beginning to spread which has resulted in the recent rise. I believe this has genuine 10 to 50 bagger potential, providing they execute on the plan.
RE: RE: Up she goes 1p soon news imminent14 Aug 2019 15:19
I actually think a 20 bagger may be conservative if the company deliver on anything mentioned at the recent investor presentation. Unique opportunity here imv where there is downside protection from the incoming cash from the two existing projects coupled with the potential upside where the revenue on one deal alone is worth 15 times the current market cap.
Has been good again today. It seems that more people are becoming aware of the potential size of the University projects. I expect the share will be into the penny’s prior to the announcement of the initial deal.
It looks like for the year to 31st March 2018 Viking fund management was responsible for £715k of the total £820k revenue with the remaining fund responsible for the balance. I would hope that they will be able to rebuild some revenue with the existing fund run by Viv Hallam and in any case have the cash cushion whilst this is in progress.
I guess he was frustrated by the lack of news. It seems that the two projects have in an way paved the way for the University deals as it has built up a good working relationship between the funding parties and the company. Those two projects are also decent revenue earners in their own right, especially in the context of the current market cap but pale into insignificance in comparison to the potential University deals. Should be a good few months here now.
The evening was good. There were around 15 PI's there in total and lots of questions asked. In summary, the focus going forward will be on the University projects of which 3 are currently is discussion. They hope to complete 1 to 3 university deals within 6 to 12 months although could be sooner. Parties on both sides (funders and universities) are very keen to get these deals done, so it is just the planning, architects drawings (already in progress) etc. The size of each deal is between £150m and £300m at a 20% margin to DKE. Clearly just one of these deals will be game changing for the company and Geoffrey is working flat out on these with a view to increasing the team at the right time. Cash position is fine with monthly income from the two existing projects and a completion fee on each project of between £500k and £1m.
I am hoping for company to be taking an approach of under promising and over delivering regarding Lumberton which would certainly be a change from the past when they did the opposite and ended up destroying the share price.
The 5 tonne plant clearly needs to work and be operational as soon as possible in order for the company to use this as a proof of concept. Hopefully things will go as planned for a change!