I've done it..22 Dec 2020 10:17
Okay so I've taken a risk and gone all in here. It just seems like too good an opportunity not buy more at this price. There is so much potential here with the mutliple revenue streams, and the product range is expanding all the time, as is the client base. For many companies, if their business model/product/service doesn't pay/work/produce, then it's not good. For example in the past I was invested in a mining company, but when push came to shove if they didn't get the minerals out of the ground then the business is in trouble. Here we've got the Skin side which is growing expontially, with products being added all the time (I'm excited about the new self-skin test coming out early next year). And their flagship skin product is the future. It's the way the world is going. What kind of companies would prefer to test on animals and real humans when they can do it cheaper and faster here? All the while knowing that it's ethically the right thing to do which in turn makes them look good.
The Modern Water side is retro-fitting of all the units with new top of the range ai tech to make their water monitering products and services more sought after in a world with a growing population that needs clean water. And the ability to detect dangerous viruses/pathogens within seconds in treatment facilities will be a no brainer for many councils/governments in time. With what's happened this year will only serve to justify the spend on something like this.
Then there's the Microtox BT. It may or may not be taken up for use in the fight against covid-19. It's being tested in hostpitals and factories as I type this, & if we get successful results and some orders rolling in, amazing! Just look at the situation with the lorry drivers and the borders to France. I know it's a combination of Brexit problems, but the EU closing the borders because of the new strain in the UK just shows that this isn't going away fast. Imagine if the haulage companies could buy their drivers the breathalyser so they can get granted access to the EU safely? There's potentially thousands of orders right there! What if another new strain emerges next month? Do all the borders close again? I think if Tesco's know that they can keep their shelves stocked if they buy 5000 breathalysers and 100,000 microchips they'll do it. As will their competition. And I know we're focusing on the cruise ship industry, but I'm just thinking out loud. But if any of that happens... amazing! If not, well the Microtox BT can be adapted to detect other viruses, so no biggy, it will have it's day!!!
I'm sure there are many more opportunities in the pipeline for DVRG, and I know I haven't gone into everything here, but even a quick overview shows you that this company is going places. A 300% revenue increase from 2019 and yet the price is around the same as last summer? I haven't been this excited about a company in years, hence going all in. I'd say good luck, but who needs luck when you've got all of