anyone one know why this is rising? One of the companies invested in?
I agree this is a good update - unfortunately the market does not agree. There seems to be a large cost for business development with perhaps limited results from this investment? The one major UK EV OEM is a great deal seemingly but they need to get more EV OEM onboard......
10m Replying to @gjbrandon @DeepVerge and @Modern_Water
How quickly do you think todays announced JV will start to positively impact sales? Would be good for DVRG to issue an updated forecast / outlook!
Gerard J Brandon@gjbrandon
47s
Replying to
@DeepVerge and @Modern_WaterOperational expectation is September. #DVRG previously said in an RNS that the @Modern_Water£3.6m order book in Q1 would have doubled production capacity in China this year, before today's announcement.
I sold this share some months ago having made over 100%.......it has since gone down but still has a PE over 45 (which is high for most companies but not if growth will be very high) and 2 recent low points have been around 80p
Their technology seems excellent with very innovative and interesting developments in a number of areas..........so I am tempted to jump back in.........
Need to read the latest results RNS's to see whether their historical markets are declining though
Any thoughts on whether now is a good time?
£6M raise at circa 8% discount - not what I wanted BUT they say it is for investment into the product development and given the results show £1.17M in cash at year end and very strong free cash generation this seems plausible. BUT it seems a lot of money for the development work so I wonder what they are planning?
Results generally seem strong (especially free cashflow).
anyone else having issues with $LOAC holding on IG Sharedealing? I have a "call us to close" message and so far online help have not been able to assist....I assumed it would transfer over to $LBPS automatically as any other merger does
looks like we have good buying this morning ahead of NASDAQ opening......up nearly 10% at the moment
The price at which the Placing Shares are to be placed (the "Placing Price") will be determined at the end of the bookbuild. Shares issued pursuant to the Subscriptions and the conditional offer described in this announcement will also be subscribed for at the Placing Price.
I found this well worth reading:
>>> https://financialfreedom101.blog/2021/01/30/loac-the-next-spac-you-dont-want-to-miss/
not good that production keeps slipping back impacting volumes for this year BUT this mornings sell off has given me an opportunity to buy some more as production will happen and then this will look very cheap at a PE probably less than 5.......
thanks for the debate - still on the sidelines - will buy in at some stage soon but likely to go with several small chunks to minimise risk as I cannot see this jumping up in short term.......
hopefully middle long term it will go up a lot though
So I am trying to time my entry into MSYS - I held Modern Water and Itegumen until Gerald Brandon merged them and changed the name - it has been a great investment for me.
I suspect he will do the same for MSYS
I also suspect that the MSYS Spectrometers on a chip will be very useful for the Modern Water part of Deepverge analysing sewage and water so there is a lot of potential symmetry........
May well invest half later today and then see when to invest further as the latest fund raise was at 0.1p so lower than current price......
Thoughts?
seems we have some momentum upwards today - no news I am aware of?
it looks like the Nasdaq is driving the drop looking at the charts (I do not have L2).......not sure why they dont see the value here
SO given the results I would assume fast track approval will be sought in UK and perhaps US
Production will be ramped up to be available for approval in (perhaps) March?
to be done in Walsall area looking for SA mutation of Covid19......this was on Radio 4 Today and the person who mentioned it was a public health official......
Just FYI