Graphene Nano Share Discussion Threads

[2350220] 14/6/2016 11:56

That would be a crying shame, as that would mean a takeout price of around 35p by my simplistic reckoning.
If I've understood correctly, the management team are heavily invested, and I would imagine that they, like many of us, are well under water at the current price.
Surely they wouldn't want to let it go before at least breaking even on their multi year investment.

John

[anderson3] 14/6/2016 09:58

What would be a realistic take out price?

[leedskier] 14/6/2016 08:49

Shell Sees Malikai Project in Malaysia as Boosting Deepwater Ambitions

Tuesday, June 14, 2016

Shell-operated Malikai deepwater project offshore Malaysia supports the company's aims of staying at the forefront of the global deepwater industry.

[leedskier] 13/6/2016 13:57

We all knew life in Silicon Valley is slightly unreal.

Microsoft have announced that they are buying linkedin for $26.2 billion.

Microsoft should be really modern and own a graphene company too;

[wskill] 13/6/2016 13:15

Or a takeover approach from Scomi who are now really upbeat about platdrill and the rest of our products being important to their future growth as per recent article from Leeds

[hlp_4u] 13/6/2016 13:04

Fund raising coming??????? No news to justify rise of last 2 days!!!!

[rob67] 13/6/2016 12:54

Was just thinking we need to break 15p to really get anywhere. Not been above that price for 8 months or so..

[wskill] 13/6/2016 12:27

From BARX below a change in direction then.


Technical analysis
Long term bearish exhaustion / Won't be bullish-biased until the loss of support at 0.15.
Technical Comment: Outperform

[leedskier] 12/6/2016 12:03

Scomi always have been supportive. See my post and link recently posted when the CEO and major shareholder of Scomi Group said that it and our company had been working together for a few years to create this product line.

I am certain that GRPH's CEO did not suddenly wake up one morning and think we will use grapheme to create oil drilling products and then search for a partner in that sector.

More likely that the ideas evolved as a result of discussions over a prolonged period long before GRPH listed.

All that has changed is that the fall in the oil price over the last two years pushed back the time for the formal joint venture manufacturing site at Klang.

As always the case with these dislocating global events, it is a question of companies surviving. Both Scomi and GRPH have cut costs and organised their funding and are now stronger to take advantage of the upturn.

[wskill] 11/6/2016 16:41

With Scomi now being so vocal on the joint venture it must mean that GRPH has products that work and produce savings across its full offering that is excellent news the main worry I had was how effective our products were.

This update has removed these worries and I can now see a very good future for our products would like to see some more customers from the US though .

[rob67] 10/6/2016 11:41

Something has been leaked that's for sure!

[mdvorkin] 09/6/2016 20:06

Dear All - my apologies for this post that I have now withdrawn as it was based on information from one year ago.

MD

[leedskier] 03/6/2016 08:26

One of the curious features of Aim, is that although the price of oil has now recovered from $30 lows to this morning above $50, the oil sector shares have not recovered.

[wskill] 01/6/2016 09:24

Great to see that Scomi are continuing to market GRPH product lines and also see their future expansion based on our products excellent news for shareholders in GRPH.

[mdvorkin] 01/6/2016 08:59

Scomi's last quarter results.



News Release 31 May 2016

Scomi Energy Services posts RM1.25billion revenue

PETALING JAYA: Scomi Energy Services Bhd (“SESB” or “the Company”) posted a revenue of RM1.25billion for its financial year ended 31 March 2016 (“FY2016”). The Company’s Oilfield Services unit contributed RM1.05billion of the revenue while its Marine Services division recorded a revenue of RM194.9million.

SESB’s core profit before tax stood at RM55.1million for FY2016 while its core profit after tax was RM28.6million. Core gross profit for the quarter ended 31 March 2016 increased to RM66.4million from RM59.4million in the preceding quarter.

However, the profitability was impacted by a few exceptional and non-recurring items such as foreign exchange (“forex”) loss and impairment for the Company’s Marine Services unit amounting to RM44.3million. As a result, the Company registered a profit before tax of RM14.0million for the year under review.

Notwithstanding the forex loss and impairment charges, SESB capped the year with a commendable gross profit margin of 20.3 per cent while EBITDA was at RM142.2million. The Company’s operating expenses also decreased from RM206.4million for the financial year ended 31 March 2015 to RM175.6million for FY2016.

“The various measures taken by the Company have enabled us to cushion the full impact of the subdued oil prices. Furthermore, we have achieved increased operational efficiency and continued growing our product and service offerings,” said SESB Chief Financial Officer, Ramesh Veetikat Ramachandran.

“With crude oil prices currently stabilising at approximately USD50 per barrel, we believe that there are still pockets of opportunity for us to capitalise on. This is reflected in the continued active bidding that we have had throughout the year. We have outstanding tenders in excess of USD700.0million while our order book remains at over USD1.0billion,” he added further.

“The Company’s strategy in the immediate future revolves around expansion to new markets and further driving cost efficiencies. In addition, we are marketing new technologically advanced products such as green base oil, lubricants and water treatment chemicals which have proved to enhance performance and ultimately lower the cost of drilling,” said Ramesh.

[leedskier] 25/5/2016 10:13

Using Google to shorten the URL is one way to get around ADVFN's block on competitor's website links.

[rob67] 25/5/2016 09:51

Wskill certainly helped them secure it I'm sure! Also the fact they are still winning tenders despite current conditions in the oil market. Future looks assured imo.

[wskill] 25/5/2016 09:39

leeds I believe that the forward orders for platdrill were what helped secure the long term finance now until 2021 .

[leedskier] 25/5/2016 08:13

I know followers of GRPH will not have overlooked the three year order beginning this year for supply of platdrill edit, as part of a total order announced last year by Scomi, totalling some $27.66 million.