Graphene Nano Share Discussion Threads

[rob67] 03/3/2017 12:18

Ken1No idea about MM'S shenanigans today. My point was Darwin in the course of time will erode any gains made today because it's in their interests to do so until they have completed their exercise or Grph no longer need their money. No real consistent move up till they disappear imo.

[kenone] 03/3/2017 11:55

Please explain your comment, rob67 . Why is the share price being manipulated to show an artificially high Offer Price this morning making ADVFN Trades list show mostly Sells when in actual fact they are BUYS . Bid now dropped to 5.75p while buying at around 7p continues.

[2350220] 03/3/2017 11:40

Very true Rob,

John

[rob67] 03/3/2017 09:06

Of course it's worth more but don't expect it to shoot upward anytime soon. Darwin will see to that in the coming days.

[kenone] 03/3/2017 08:55

All those Trades shown this morning at or just under 7p are BUYS not SELLS ! Bought a few more myself. This must be worth more than 7p now ?

[kenone] 03/3/2017 08:13

Nice RNS this morning. $118,800 for initial order for FIRST oil well. Possible 109 more wells to supply. $118800 x 109 = $12,949,200. !!! ?

[frank1e] 25/2/2017 17:23

Sorry, thought it was new as hadn't seen it before.

[mdvorkin] 25/2/2017 15:32

Frank1e - this is an old video from 30th Sep 2015.

[mdvorkin] 24/2/2017 16:22

Latest Scomi quarterly update.

Low drilling activities keep Scomi Group in the red in 3Q
By Anette Appaduray

February 24, 2017 : 6:38 PM MYT


KUALA LUMPUR (Feb 24): Scomi Group Bhd registered its third consecutive quarter in the red with a net loss of RM6.17 million for the three months ended Dec 31, 2016 (3QFY17) as revenue tumbled, while its oilfield services segment registered a near 90% dive in profit.

In comparison, the group posted a net profit of RM5.7 million in the same quarter last year, its Bursa Malaysia filing today showed.

Quarterly revenue, was down 40% year-on-year at RM224.6 million versus RM374 million, as the oilfield services segment's revenue halved on lower drilling activities around Asia, the Middle-East and West Africa.

"Customers have been cautious in their drilling plans due to low oil prices, resulting in activities being deferred or delayed," it said. The segment's profit came in at RM3.1 million versus RM21.5 million previously.

Its cumulative nine months ended Dec 31, 2016 (9MFY17) registered a net loss of RM39.5 million, versus a net profit of RM20.5 million in last year’s corresponding period, as revenue shrank about 42% to RM638.2 million from RM1.09 billion.

“The last nine months' financial performance has been below expectations [for the oilfield services division]. However, the oil price has been trending higher in the last couple of months which should encourage our customers to invest in drilling,” the group said.

On prospects, the group said it remains cautious on its performance for FY17.

Scomi’s shares closed down half a sen or 2.78% lower to settle at 18 sen, with a market capitalisation of RM323.5 million.

[smraynot] 10/2/2017 14:46

Happier days and weeks ahead, clarity will allow this oversold company to recover to double figures, mark my words!

[roddyb] 10/2/2017 13:13

It is all very well using the "paid basher" tag for negative postings but the graph is about the worst on the market and the actions of the company seem pretty disrespectful to us AIM investors - so no-one could be blamed for being negative could they? When you look at the 12 month chart how can anyone think that all is well? If the value of the company is in the intellectual property of these wonder fluids - how confident are we that the shareholders own them and that they are not just licensed off some private outfit? That question has troubled me for ages and until that is clear I fear this one has an almighty sour ending coming up. I feel sorry for investors because no-one expects a ride like this has given.

[rob67] 10/2/2017 11:30

0.01 p or until Darwin finish. Months more pain imo

[isa2020] 10/2/2017 10:40

How & Why? How low can this go?

[statistical] 09/2/2017 11:57

Darwin completely control the market in this share at the moment. They are repeatedly smashing the bid as they drive the price down. All very depressing.

[dark energy] 08/2/2017 15:01

I WON'T BOW BEFORE THE USELESS HALF-WITTED PAID RAMPER UNFORTUNATELY.

[rob67] 08/2/2017 14:51

I bow down before the paid basher god

[dark energy] 08/2/2017 14:25

Yes I may buy some at 0.1p for the dead cat bounce to 0.25p before administration

[rob67] 08/2/2017 14:21

Paid bashers arriving I see lol

[dark energy] 08/2/2017 14:16

Malaysia is top country for fraud. They are on par with Nigeria, I would say.

Doubt there's any assets for sale or land. Everything is possible in Malaysia.

[kazz] 08/2/2017 13:14

Leeds
Whats your thoughts on the situation here?
Do you think GRPH will survive?
Are you still in touch with the company, if so what are there feelings?
Regards....kazz

[leedskier] 08/2/2017 11:19

The end of December clarification in the accounts included


Lender Lender Lender
1 2 3
-------------------------------- ---------- --------- --------
Borrowings as per Audited GBP14.4m GBP8.9m GBP1.6m
Accounts at 31(st) December
2015
-------------------------------- ---------- --------- --------
Borrowings as per Audited GBP14.6m GBP9.2m GBP1.7m
Accounts at 31(st) December
2015 and interest accumulated
till 30(th) June 2016 (less
principal paid)
-------------------------------- ---------- --------- --------
Borrowings Restructured Yes No No
-------------------------------- ---------- --------- --------
Is there a corporate guarantee Yes No Yes
against the parent company
Graphene Nanochem plc?
-------------------------------- ---------- --------- --------
Assets Pledged GBP13.1m GBP5.1m
(written down to forced sale
value during the year)
-------------------------------- ---------- --------- --------
Asset Cover Ratio at 31(st)
December 2015 1.4x 3.0x
-------------------------------------------- --------- --------
Borrowings post sale of PPE GBP7.3m nil nil
at forced sale value *
-------------------------------- ---------- --------- --------