Share Name Share Symbol Market Type Share ISIN Share Description
Velocys Plc LSE:VLS London Ordinary Share GB00B11SZ269 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.375p -1.02% 36.25p 36.00p 36.50p 37.00p 35.75p 35.75p 123,458.00 15:06:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 2.0 -21.1 -14.1 - 52.16

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Date Time Title Posts
04/12/201615:02Years in the Making- The time is Now3,284.00
20/8/201511:10Zak Mir BULLISH on Velocys PLC (VLS.L)3.00

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Velocys (VLS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
05/12/2016 16:18:5436.351,000363.50O
05/12/2016 15:03:5335.7639,17514,010.16O
05/12/2016 15:01:2936.258,6593,138.89AT
05/12/2016 15:01:2936.502,500912.50AT
05/12/2016 14:58:2036.3313,7905,009.26O
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Velocys (VLS) Top Chat Posts

Velocys Daily Update: Velocys Plc is listed in the Oil Equipment Services & Distribution sector of the London Stock Exchange with ticker VLS. The last closing price for Velocys was 36.63p.
Velocys Plc has a 4 week average price of 37.25p and a 12 week average price of 35.28p.
The 1 year high share price is 48p while the 1 year low share price is currently 25p.
There are currently 143,876,282 shares in issue and the average daily traded volume is 43,782 shares. The market capitalisation of Velocys Plc is £52,155,152.23.
gac141: An exciting 10 weeks to come.. I think there is much to look forward until the end of this year. I'll put it out there.. Red Rock FID- This deal is worth a significant sum of money to velocys over the next 2 years and beyond. Red Rock have commented they have selected up to 5 other sites to use the technology sooooo watch this space I don't think we will have to wait very long! East Oak to produce first product ... It may well be speciality Products at much higher value than Diesel or Jet fuel.. David Pummell cited $300/b. When the wider audience sees what we can do life might get very interesting with very limited suppliers of these high value products in the U.S. Revolution Fuels... Interesting to see how that progresses. Gas player Asia.. May be this year but could be early next as it sounds like a major company and they sometimes take longer to pull over the line. UK Waste to liquid plant. RA has a significant interest in VLS and indeed any uplift in the share price. It is definitely a situation where he is in a win- win position. Watch this space too. I think the share price could be double what it is today by Christmas.. Yes I appreciate that is above the 50p I stated but I believe that is very realistic now.
erogenous jones: It is far easier to persuade fund managers to buy if the share price is rising. At the moment, the share price is bumping along at or close to lows and there is no new information for the share price to rise. If anything, the incentive is for market makers to reduce the price in an effort to attract investors to take up the slack. If there are a few days of sustained buying, the price might rise gradually, but until the flat trend is broken, I cannot see a compelling reason to deal in the shares in VLS in the absence of news.
goodgrief: If wasn't for the fact that the share price is already on its knees, I'd usually say 'guess the share price competitions' were the kiss of death!!
gac141: I attended today and I think the key words are "Every road leads from ENVIA" It was well attended by private shareholders some medium sized ones and plenty of personnel and directors main and non- executive. To be honest we certainly have some very key people at the top. It was good to see our new leader..very different to Roy Lipski but he seems very capable and very eager to set Velocys on the right path. I definitely warmed to him. As always there was a Q&A at the beginning which was quite extensive questions by Rupert and myself as well as others. Key questions were asked about Prospects, Cash, Speciality Products and of course our flagship ENVIA. It became very apparent early on that Velocys is putting a tremendous effort behind the ENVIA project some 130/150 staff and construction workers are working on shifts 24hrs a day. We all wanted to know when it would be constructed and again when would it be commissioned. I took it that construction was pretty close to completion and that the latest pictures tend to lend to that. The first commissioning team will be out there this month so I am hoping for it to take about 3 months to commission. David Pummell indicated 3-6 but I understand his caution everyone else seemed to think 3. It seems like the world is waiting for ENVIA to produce from the First commercial small scale GTL plant anywhere on the globe. With the commissioned plant at East Oak producing could well lead to a number of FID's on the back of its success. There is no doubt VLS are ensuring this is going to be a huge success and a massive turning point for our company. Red Rock - Still waiting for final FID - It cannot be too far away as long as getting the funding together happens. Again a theme today was the frustration of the difficulty for people to commit to projects. Hopefully the final permits will be granted on the 21st June. Then we will wait to get the FID. Ashtabula - No one doubts the business proposition for this plant but it may cost up to a Billion dollars to build. It is a big decision and I can understand why there are those that want to wait for ENVIA to start producing. The good news for investors it that the plant will have a life of 30+ years and will offer payback in maybe just 7 that is compelling! Ervington Engineering Study- This is early stage so I don’t expect too much from this in the short term. The Chairman and Paul Schubert indicated there are plenty of opportunities for Velocys but it is clear they want to target these opportunities and choose only the ones with the most potential. They talked about Africa and also I think mentioned Australia but if you look at one of the latest presentations Alaska and Central Asia too.. They will prioritise these opportunities and are mindful of cash….. Cash- An understandable question on this and an obvious concern and question on a fund raise.. Susan answered this one and she was at pains to point out that the cash outflow had been significantly reduced in the second half and that they were keen to keep that under control. David David Pummell said , maybe not at this point, that they would look for potential strategic partners to speed the process up and advance the business. It was pointed out during this discussion that the model that Velocys works to allows for significant up-front payments and this could boost the balance sheet significantly if one of the big deals came off. So with this in mind a fund raise does not seem to be on the immediate horizon..Good news considering the current share price! Speciality Products- Paul Schubert briefed us on the importance of this product using our technology and the premium price people will pay for it in the market low melt waxes currently sell for $240 /b and the production of these waxes has dropped some 60% in recent years despite the fact that demand is as high if not higher. This could be a good money spinner and Paul indicated that this was what ENVIA would concentrate on ..not the premium products but ones that certainly would attract a very good margin for the joint venture. David Pummell- David came over as a very controlled and knowledgeable individual with plenty of experience on commissioning plants with BP, who was really excited to have been picked for the role of CEO he want more data to come on what are the best projects to go for and he will do a strategic review starting soon. I hope this review will now be swift and effective. It was good to meet him. Spoke at length to Susan, Paul, Julian and Sandy and was really buoyed by their knowledge and enthusiasm and enjoyed a brief talk with David and Neville who must be the most excited of all..he will have his reference plant and a huge shop window! I think everyone is concerned by the share price but ENVIA will right things and maybe give it a significant kick.. I think we are in a unique position and the potential is enormous we are at the tipping point and as I said “Every Road leads from ENVIA”
gac141: The last time oil was $50 VLS share price was over 80p this shows what a massive disparity there is and how the share price could recover very quickly. There are signs that buying has started again it won't be long .....
gac141: Yes RR has been slow and legal procedures have dragged their heels .. However I think there are many things that could lift the share price significantly over the next month or so.. 1) East Oak complete..and in time commissioned 2) Abramovich Engineering study 3) The disparity on the price of Oil and VLS Share Price 4) Directors talked about many projects not in public domain..maybe they are about to hit us? 5) Ashtabula..once East Oak is up and running.. 6) Red Rock in time late September? I reiterate that I feel this is a buying opportunity...
gac141: I don't think the rise today is about RR... The vote tomorrow is only about boundary lines etc.. RR has got the go ahead. WE are waiting for RR to go to FID now that will put a few pence onto our share price. Oil is rising and our share price will rise with it. The East Oak plant is nearing completion and that will ultimately have a positive impact too. I would like to think that 30p share price will be a thing of the past over the coming months...
gac141: Ok so here is the question. If you firmly believe that VLS share price is inextricably linked to the price of Oil (Which I do not but I'll come to that) Then on or about the 8th of December 2015 the price of Brent was $42...and VLS share price was 50p then why has the price languished at circa 30p? As I have said before we are not an Oil producer we make very high spec Diesel and Jet fuels and we also make Speciality Products that can sell for as much as $240/b. So with all this what is keeping it down...? I would like to see Velocys be more transparent about the projects not in the public domain and I will say this to them. Maybe the market thinks we will fail to get enough traction..I cannot see this with our first commercial plant in East Oak about to start in a few months producing all of the above... Maybe the market is waiting for that as a Catalyst perhaps the delays in the projects in the public domain have made people is possible. Red Rock has been months away from FID for quite a while now but they seem to have friends in Lake View so it must only be a matter of time. Ashtabula- The water permit has been granted. Product off-takers and gas suppliers have been identified and a number of letters of intent are in place. The company has secured letters of support from a major lender and a potential investor in the project. I guess watch this space- Exceptionally cheap feed stock from the Marcellus must make this a very viable proposition to make serious money. Greensky out but another to take it's place and British Airways still saying they will do something here. Oil price is rising and maybe will hit $50 once freeze is agreed on the 17th April. Results out in April so an opportunity for VLS to tell all or at least be a little more open. I shall be putting some my shares into an ISA quite a few more than last year so there are pluses as well as minuses so hope they do well. Exceptionally frustrating but also maybe a good opportunity to take a balanced punt over the next few months?
meijiman: Well the VLS share price has taken such a pummeling that he is probably the right man for the job -arf arf.....
tongosti: Remember that only 1% (i.e. 250k bopd) of the global gtl market equals a VLS share price of £15. At the moment, the market is pricing VLS as it will be covering little more than 0.1% of this vast market. Once, the commercial tyres start screeching off, then the potential for a rerating is a massive one. hang on to it everyone as this company has got the potential to fulfill your wildest dreams in the next few years
Velocys share price data is direct from the London Stock Exchange
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