Dg Innovate Share Discussion Threads

[czar] 09/9/2022 06:10

Commenting, Peter Tierney, Chief Executive Officer of DG Innovate, said: "The SUPAR pilot production project is a strategically significant development for DG Innovate as we move from being a high technology motor designer to a full-scale provider in the supply chain for electric vehicle motors. This is a critical building block in the progressive development and scaling up of DG Innovate's Enhanced Drive technology as we look to become a supplier of choice for differentiated electric vehicle solutions. I look forward to providing further updates as we progress."

This little Company is invisible, sooner or later the market will discover it.

[fatfish] 30/8/2022 16:47

czar26 Aug '22 - 15:32 - 142 of 144
0 0 0
The way things are going we all may HAVE to buy an EV.

will you be able to afford to charge it??, will their be any electric to charge it??.

[krowelet] 30/8/2022 15:44

Testing the 250kw, last we heard it was to be the 400? maybe a larger potential market.

[czar] 30/8/2022 06:56

this should be several times this price imho

[czar] 26/8/2022 14:32

The way things are going we all may HAVE to buy an EV. Anyway the addressable market is worth trillions of dollars so no worries there. IF this little minnow get a slice of the action it can be a massive multibagger.

[fatfish] 17/8/2022 12:21

do we really think ev is the way to go, personally I do not

we all know what happened to richard hammond if you have a crash and one of those cells get damaged, big big inferno.

I will most definitely not be buying an ev

[sev22] 17/8/2022 08:15

This small company is in the right space, electric vehicle drives and EV batteries.

They have a very impressive new CEO:

https://newsnreleases.com/2022/05/16/peter-tierney-appointed-ceo-of-dg-innovate-plc/.

They already have a bit of traction with Meritor and have recently received some grant funding.

With brokers forecasting £27m profits in 2025 its worth a punt imo.

[zxie] 17/8/2022 07:55

INSP shares jump soon

[turbotrader2] 16/8/2022 19:29

Get rid then nonce

[fatfish] 16/8/2022 17:52

czar

Right now there are a bunch of sellers from PATH

their shares are not worth 1 peanut and I know because I have some

[turbotrader2] 16/8/2022 15:37

Might regret that

[oilandgasman1] 16/8/2022 15:08

I got tempted to buy but luckily i didntPheww

[czar] 16/8/2022 15:01

This Company is a new company with some incredible embedded value IMHO. The business they are in bed with, Meritor, is part of Cummings of the US and it is a monster.

https://d1io3yog0oux5.cloudfront.net/_7b5bcfc4afd0365198b3975d04c4591a/cummins/db/784/7318/pdf/Q2-22+Cummins+Inc.+Earnings+Release+Presentation+-+Final.pdf

Right now there are a bunch of sellers from PATH, the shell that DGI reversed into but when the market wakes up to this it could be a 100 bagger. We will see.

[dillydally2] 16/8/2022 14:16

Total collapse

[fatfish] 16/8/2022 13:54

CZAR

This should surely be valued in £100's of millions?

Absolutely NOT

Dillydally216 Aug '22 - 14:26 - 130 of 131
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Money raised at 0.6 yet ever since apr the share price has nose dived

Par for the course, don't get sucked in on the rise

[czar] 16/8/2022 13:48

Since joining the Company I have been very impressed by both the technology and the quality of the DG Innovate team. I believe DG Innovate has world class solutions for both electric vehicle drives and energy storage that can address unmet needs using readily available materials and that can be manufactured at commercial scale.

We will be commencing formal testing of our 250kW Pareta(c) integrated E-drive shortly and I look forward to reporting on this in due course. In addition, support from the Ford Fund will enable us to continue to work with electric powertrain experts at the Cwmbran-based firm Meritor and Cardiff University to design and test a new motor which uses less "rare earth" material than conventional motors, making them cheaper and minimising environmental and climate impacts.

This should surely be valued in £100's of millions?

[dillydally2] 16/8/2022 13:26

Money raised at 0.6 yet ever since apr the share price has nose dived

[dillydally2] 16/8/2022 13:25

It's done already They were claiming it was nt to buy now no one is buying

[dillydally2] 16/8/2022 13:13

Mms pulled the rug early on this one

[turbotrader2] 16/8/2022 12:04

Back in the room

Lets go

[turbotrader2] 12/8/2022 16:33

These are very exciting times for DG Innovate and I look forward to making further announcements as we progress."

[turbotrader2] 12/8/2022 16:31

Standard my friend

[fatfish] 12/8/2022 15:38

turbo

Why oh why do people always resort to name calling, Really is that the best you can do.

Ok firstly I like all people have been called many things, but, FAT!! that is going too far

well if you think the below is good, what can I say. Enjoy your losses.

Key Audit Matters

Going concern

The Company has no revenue for
uncertainty
the year ended 31 December 2021
(2020: GBPNil) and has incurred
an operating loss of GBP3,914,764
(2020: GBP266,693) including a
GBP2,042,335 non-cash exceptional
share options and warrants charge.

The Company has outstanding creditors
of GBP737,166 at 31 December 2021
(2020: GBP2,145,256) and cash funds
of GBP686,400 (2020: GBP468).

The Company has continued incurring
further losses subsequent to the
year end.

Given the performance in the year,
including the significant losses,
creditor balances and decreasing
cash funds, going concern was considered
to be a key audit risk area.