DSGT - Goldman Small Cap Research Publishes New Research Note on DSG Global Inc.

BALTIMORE, MD / ACCESSWIRE / June 14, 2021 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has published a new research note on diversified technology company DSG Global, Inc. (OTCQB:DSGT). The Company is an emerging player in the electric vehicle (EV) segment with a large lineup of affordable and diverse vehicles. To read the research note, along with our previous trade alert, disclosures and disclaimers, or to download them in their entirety, please visit https://bit.ly/3gk44cI.

In the Opportunity Research Note, analyst Rob Goldman offers insights into how the recent Lordstown Motors saga could potentially position DSG's approach as the preferred industry model as it carries lower risk than the high capital cost, flawed EV manufacturer approach utilized by many of its peers.

Goldman noted, "DSG's core model leverages its exclusive North American rights to sell a broad lineup of EV vehicles from multiple manufacturers. This low-risk approach substantially reduces capital costs by tens of millions of dollars as the production risk cost is eliminated. In contrast, EV darling Lordstown Motors may never produce and sell a meaningful number of vehicles after it was reported that the Company may not continue as a going concern in a year's time, due to large, accumulated losses, low cash on hand, and significant future costs owed vendors."

"It is possible other, smaller, EV manufacturers may suffer the same fate as Lordstown and at best not come close to meeting production goals or at worst shutter their own facilities. In our view, the EV space is primed for continued outsized growth and will remain in demand and in favor in the capital markets," commented Goldman. "However, if other "producers' shoes drop" in a similar fashion, savvy investors may seek out superior models and companies such as DSG that offer strong top-line upside without the associated capital costs that have historically crushed US automotive manufacturers from time to time."

"As noted in our May Trade Alert, we believe that DSGT's shares could substantially benefit from its expected up-list to NASDAQ. Due to the Lordstown saga, DSGT's stock may also enjoy additional gains due to intra-sector stock accumulation as investors swap one peer's stock for another. Thus, on a pre-up-list basis, we believe DSGT could trade at a major premium to its closing price. This thesis is also based upon a high-level view of potential EV sales, peer valuations, and the impact of catalysts such the Company's grand opening later this week," concluded Goldman.

About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.

Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

This press release contains excerpts of our most recently published sponsored company research note on DSG Global, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research did not make an independent investigation or inquiry as to the accuracy of any information provided by the Company, or other firms. Goldman Small Cap Research relied solely upon information derived from DSG Global, Inc. ("the Company") authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.

Separate from the factual content of our note about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.

A Goldman Small Cap Research report, update, newsletter, article, trade alert, corporate profile, note, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. The note referred to herein does not take into account the investment objectives, financial situation, or particular needs of any particular person and does not provide all information material to an investor's decision about whether or not to make any investment. Any discussion of risks in this presentation is not a disclosure of all risks or a complete discussion of the risks mentioned. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency.

To download this research note or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research was not compensated by the Company for its trade alert or its research note production.

CONTACT:

Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
rob@goldmanresearch.com

SOURCE: Goldman Small Cap Research