DGB: 8th Mar 17, News report Thru vision used on USA transport system DEC 16

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9th Mar '17 by DJLJ23

3 comments 3214 reads

Is DGB finally starting to make headway? 8th Mar 17

While not announced on RNS this makes interesting reading regarding the deployment of thru-vision on the USA public transport network.

Also Pru picked up a further 4.2M shares & GAM 3M shares, institutional investment is, i believe, around 80%.

A number of red flags on this one, and i have been hopefully before, so do your own research.

https://www.sourcesecurity.com/news/articles/digital-barriers-thruvis-public-safety-solution-deployed-tsa-secure-high-profile-events-co-6432-ga-co-7121-ga.22554.html

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About the Author

DJLJ23

Premium Member

Southerner living in the North, trained as metallurgist, background in IT, business cases and project management.

3 comments

AnonymousUser252054

9th Mar '17

SP has seen a good rise lately so I did a bit of reading up on them last night. Not sure, though. Do you think they will ever actually make a profit? The promise of one always seems to exist on the horizon despite excellent sales growth.

DJLJ23

10th Mar '17

Last week i came back through manchester airport and you exit through these boxes, one door opens, closes behind you, 3 meters on the exit door opens. The little little old lady behind got the shock of her life when all the alarms went off. No custom officers around so presumably all done remotely. i seem to remember reading that DGB have developed software to allow the thru-vision to be monitored by computer. (note I don't know if the airport security was supplied by DGB).The Market for this type of product is massive, and its portable, G4S use it to monitor big public events. The problem is that to be effective you need a lot of them, hence why the USA transport trial is so important, but negotiations with governments, large public bodies takes time, as they said in their last update. For me the heavy institutional backing, suggest long term confidence. And Trumps wall might have a more electronic feel to it, which ties in with another DGB strength. Ignoring the recent bounce its share price has been slowly falling which makes me wonder if its about to raise funds. It would not surprize me to see a take over from some cash rich company as it approaches breakeven.

Rusty2

24th Mar '17

Trading statement today, does not make good reading mentioning contract delays, been reading that quite a bit recently.

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DGB: 8th Mar 17, News report Thru vision used on USA transport system DEC 16

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DJLJ23

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