Versarien Share Discussion Threads

[superg1] 25/1/2017 15:36

TP

Just an angle on funds. I think they offer up 70% of costs.

EG you could have costs to meet demand expansion etc. Graphene into plastics which is new and VRS have the first factory, Graphene into PEEK and so on.

The recent gov announcement is about converting UK born technology into UK manufacturing instead of it being nicked and taken to other countries.

The way to do that is to support businesses and on the public company side help them escape the funds who 99% of the time are in for a quick buck and usually drive the value of the company down to get in cheap. They cash in and continue the cycle until they have virtually killed the company off on dilution.

Such a route seems like a good idea where banks won't lend but companies soon learn how corrupt the financial markets are.

Anley must know with all those motorcycle couriers and the inside info brigade of his day. Pre digital they simply took the inside info by courier, the select few read it while the courier waited and then the reader bought or sold.

[luckyorange] 25/1/2017 15:33

I agree to some extent TP, but times have changed ;-) (tongue in cheek)

Brexit has given everything a good shake up and GB needs to up the ante , any success of course and the government will take a bow.

[the prophet] 25/1/2017 15:05

don't know how much this tech funding grant could be, but personally I'm wary of any government interference or scheme, most of them end up being more hassle than it's worth. But, hey, if NR reckons it's a good thing and it can help VRS, then no problems.
I tend to think it's the business in terms of sales that will determine the fate of VRS. But if they can get a leg up for minimal effort, fine. Can't think I've ever seen a situation where, other than a few bob around the margins, a company has benefited to any degree from these sort of schemes. I must be getting too old and cynical!

[superg1] 25/1/2017 14:43

That emerging tech funding grant is for

energy harvesting
imaging technologies
graphene
biofilms
other areas of emerging technology.

The lead applicant must

'attend one of the briefing events in Manchester 10 October 2016, Belfast 14 October 2016, Cardiff 20 October 2016, Bristol 26 October 2016 and Glasgow 26 October 2016.'

As the CEO tweeted about one such event I'm guessing he was there and suspect VRS have an application for funding

[superg1] 25/1/2017 13:55

I wonder if the penny has dropped and all this volume is Anley and co buying?

[superg1] 25/1/2017 13:45

Just spotted one by the CEO which sums up what I said earlier but probably means they are in it. I didn't list this one I assume it's closed hence it wasn't visible. A £15 mill pot again. I'll look it up.

Neill Ricketts Retweeted
Innovate UK ‏@innovateuk 23 Nov 2016
More
#Funding: emerging & enabling technologies - register before noon on 30 November 2016

Oh and perhaps eben more of note

The Rt Hon Greg Clark was appointed Secretary of State for Business, Energy and Industrial Strategy on 14 July 2016.

He follows the VRS CEO on Twitter.

So it seems very clear to me VRS are very well connected to the government particularly on the recent strategy to help small business as announced.

[superg1] 25/1/2017 13:38

Just picking up on some VRS twitter stuff I missed as the links to the UK business strategy for start ups is increasing as if it's a hint.



'A fund designed to trigger a step change in our economy through an increase in the level of R&D invested by the UK – not just from this additional government funding but from the private sector funding it will also be able to “crowd-in”.

'£400 million investment in growing innovative firms through the British Business Bank'

Then clearly The CEO was speaking at a trade gov event on 30th November. The person that tweeted that and continues to go on about the new strategy is Antonio Romeo

'Antonia Romeo is a British civil servant. She is currently the British Consul-General in New York at the Foreign and Commonwealth Office and Director-General for Economic and Commercial Affairs in the USA for UK Trade & Investment.'

[superg1] 25/1/2017 11:32

Spike

3 or 4 were on 11p on the offer and I expected that to be the case for a while. Just £17k of buying and they moved to 11.5p.

Winters who has been previous front runners sorting supply are on the bid but not the offer (they had been on both before when a supply was there).

Fingers crossed it will be some time before graphene really starts to grab the headlines otherwise the herd will arrive and cause chaos. The volumes on CTAG (the fraud) were ridiculous and continue to be.

You know my view on another. Lol as suggested a certain play was a con. I knew that as one of the world's leading experts who I chat with is on the ground at the location calling their news a con.

[spike_1] 25/1/2017 10:58

Now up as predicted ;0)
BTW I don't intend giving a regular running commentary on level 2, this is not a traders share thank goodness (far to little liquidity).

Best wishes - Mike

[spike_1] 25/1/2017 10:12

Well, bid price now gone up as predicted, offer to follow soon I think ;0)

[spike_1] 25/1/2017 09:58

Level 2 started 1 v 3, now 3 v 1 on what appears (on the surface) to be little trading, I think we are about ready for the next leg up ;0)

[superg1] 25/1/2017 09:54

Oh

Then add in the direct funding option just announced by the government as part of the business strategy, which is probably far more relevant than those looking on here realise. DYOR

[superg1] 25/1/2017 09:51

Thinking on what others have done.

XG sciences of the US licensed their process to Cabot for $4 million a few years back. It was $4 mill to allow Cabot to use their process to produce GNPs.

I'm thinking of that OEM. Now if they need a lot more it would take up quite a bit a the VRS production capability (that may be an understatement). VRS could expand to meet such an order but they have others to supply including themselves.

Just thinking if it would be a good idea to license out to an OEM if that opportunity ever came up then recycle cash gained for their own production expansion.

Any thoughts?

It seems to be good logic to me, rather than expand and be at the mercy of an OEM that may stop orders.

Obviously it's only relevant if such circumstances from an OEM develop.

[superg1] 25/1/2017 09:43

The innovate Aerospace version is considerably bigger and will be over a longer period.

The Aerospace Technology Institute (ATI) research and technology (R&T) programme represents a £3.8bn joint government and industry investment. Its purpose is to maintain and grow the UK’s competitive position in aerospace design and manufacture.

Other relevant funding under innovate is Uni to businesses under the title knowledge transfer partnerships

Then there is the Open competition again for a share of £15 million

The competition scope
The competition is open to the best business-led, innovative or disruptive ideas or concepts. These can be drawn from any technology, engineering or industrial area. This area can be one that fits into, or be outside of, any one or more of Innovate UK’s 4 priority sectors for growth.

To be in scope, a proposal must:

demonstrate transformational or disruptive innovation leading to novel, new products, processes or services
articulate a clear, anticipated growth and commercialisation impact for the business(es) with considerable, demonstrable (as you would set out in a pitch to any serious investor) potential to lead to a significant return on investment (ROI)
Priority will be given to proposals that are likely to lead to sustainable gains in productivity and/or access to new overseas markets through export-led business growth.

[superg1] 25/1/2017 09:29

BTW

The round 2 application deadline of Innovate funding (materials) for a share of £15 million ends toady

Criteria

Your project must focus on a manufacturing or materials innovation, rather than a product innovation. This means the main challenge and risk in the project will be in the manufacturing process or materials development.

A project must cover at least one of the following areas:

innovation in a manufacturing system, technology, process or business model. For example, in process engineering, industrial biotechnology, mechanical conversion processes, coatings, surface engineering, textiles, supply chain management, new product introduction processes or remanufacture
innovation in materials development, properties, integration or reuse. For example, for light-weighting, energy generation and storage (heat and electricity), electronics/sensors or operation in demanding environments
For this competition, materials include but are not limited to:

nanomaterials
ceramics
metals and inter-metallics
polymers
composites
coatings
smart materials
joining of dissimilar materials

We expect projects to last 6 months to 3 years. We expect them to range in size from total costs of £50,000 to £2 million. This will depend on the type of research activity you are carrying out.


It seems to me VRS ticks a lot of the required boxes, so it's highly likely they are in the mix and may well succeed.

[superg1] 25/1/2017 07:59

AGM 3 more managers ??

Near half the staff are managers and they add more? That must be around £250,000 added to the ever growing wage bill. Must be near the £3.5 pa mill mark now just on wages.

[superg1] 24/1/2017 20:54

Graphene ink

Just started to look for the patents and uses. This is a quick post so others can track or look themselves. The first and most obvious use appearing is in RFIDS and antennas.

Patent apps go on about how much cheaper and better it is opening up the market further.

[shavian] 24/1/2017 20:02

There's a first..100% of all trades listed as buys, and volume picking up.

[handygandhi] 24/1/2017 15:51

It could have been a bed'n'isa.

[the prophet] 24/1/2017 14:44

Sounds like online buyer, probably restricted to 10k on line and want to spend £1k each time. £990 cost of the shares plus £10 dealing charge.Yet another case where having a proper broker works out cheaper.

[superg1] 24/1/2017 13:59

That 9,900 buyer is strange is it a drip feed repeat order?

[sharesevents] 24/1/2017 12:44

Promotional post – FREE investor evening in London, February 9. VERSARIEN will be presenting among others. The SHARES/AJ BELL evening welcome you to take advantage of new investment opportunities. See and hear Neil Ricketts CEO present with VERSARIEN winning a significant £100,000 order recently to supply high quality material to an European commercial customer.

Register free today by following link

[superg1] 24/1/2017 12:01

Any dithering buyers out there?

Got more time on my hands recently hence the increased posting. I've followed the behaviours of the MMs and linked supplies to the share. In fact not even the company knew Allianz were sellers but the logic of their small sale percentage trigger to stay off the radar was enough to raise suspicion of their intent, then the subsequent supply suggested it was them. While others look at shares and hype I also track the behaviour of MMs and funds. IMO in the long run it will help me with timing on various shares.

This bumped along at 10p which seemed like the bottom but then as soon as volumes started Allianz and BR used the volume to exit.

I did the calcs and worked out who had what left. Peel Hunt and Winters dominated the supply by picking them up in chunks in what we say as late and unknown trades. As we now know the late trades were in fact early morning stock ups reported late.

Then when I thought it would end the supply kept going which didn't add up with what was left. Sure enough the anomaly was city finance. The grapevine suggests cash in of some of the 10p shares (August fund raise). Being year end perhaps they had a target level so close and they needed to sell a few shares where they could get profit to hit a target and no doubt a bonus on that fund.

Now over the last few months I've noted the odd poster suggesting they will wait for a fund raise to get some. I'm not sure how they can guarantee that as you have to know it exists and be part of the offer. Clearly there is no offer in play for some that want in otherwise they would have to clam up as an insider (been there myself re an oil company).

I understand some have said they would like a serious amount and that I don't quite get that on the plan.

I remember reading up on the desired entry and exit point that a small percentage may achieve which was within 15% of either end. In this case 8.5p-10p as it stands if it dropped or 10 to 11.5 p if it went up.

On that basis 10p seems a pretty good bet, but the key point is a supply has been in play so that they can be bought at the price. If you want many and shares are tight then you have to rely on sellers to create the opportunity and hope that others are not doing the same.

Then on a fund raise for those involved a case is out forward. Such a raise could be discounted, it could be at the price or it could be at a premium due to circumstances unknown to us. That's if there is one, VRS have no debt.

I know VRS are very keen to keep fund raises via dilution to a minimum. No doubt they have some applications in for Innovate funding and I know they are very much liked in those circles. Then add in Iain Gray who is on the VRS BOD with a recent role being Chief Exec of Innovate UK.

Join the dots.

VRS CEO speaking at a recent DTI event, previously been in number 10 via invite. Iain Gray joins them, gov strategy now out wanting to take the Uni tech and keep it in the UK, £65 mill spent on the NGI. VRS now linking UOM to Cambridge on graphene and sticking themselves as said at the centre of the graphene universe.

Now back on trading I'm finding it hard to justify the increase in buying other than news is getting around re VRS as the web expands. With around 10 mill shares now gone into probably into longer term hands via the exit of certain funds.

So good luck to the lurkers and trying to 2nd guess if there will be a fund raise and whether they could participate, then at what price. I'm losing count of the customers trialling VRS products and the OEM news stills lurks as yet unexplained.

[luckyorange] 24/1/2017 12:01

Buying increasing, we will see what this afternoon brings but could be a good day for reducing the supply.

[luckyorange] 24/1/2017 11:59

New commitments on page 34 sounds like the model VRS uses in places!

• This paper starts the consultation on the priority challenges for the Industrial Strategy
Challenge Fund, and other opportunities we can address using the increase in R&D
funding. UKRI will then consult in more detail in early 2017 based on feedback to this
Green Paper.
• Given its importance to a range of new technologies, including the automotive sector,
the government has also asked Chief Scientific Adviser Sir Mark Walport to review
the case for a new research institution to act as a focal point for work on battery
technology, energy storage and grid technology, reporting in early 2017.
• We will be commissioning independent research on approaches to commercialisation
in different institutions, including how they approach licensing intellectual property and
taking equity in spin-outs.
• We will seek to harness the potential of the UK’s home-grown inventors and stimulate
user led innovation by launching a challenge prize programme. This prize, which will
be piloted through the NESTA Challenge Prize Centre, will help inform our support to
the ‘everyday entrepreneurs’ operating in companies and at home – such as through
supporting enabling environments, incubators and maker spaces.
• We are reviewing how to maximise the incentives created by the Intellectual Property
system to stimulate collaborative innovation and licensing opportunities – including
considering the opening up of registries to facilitate licensing deals and businessto-business
model agreements to support collaboration. We will place Intellectual
Property Office representatives in key UK cities - starting with pilots in the Northern
Powerhouse and Midlands Engine to build local capability to commercialise
intellectual property.
• We will set out a UK Measurement Strategy, establishing a framework to capitalise
on our National Measurement System which provides UK industry with world-leading
measurement science and technology. The new strategy will ensure we have the
knowledge and facilities to support all sectors to benefit from measurement – helping
them to trade, manufacture and export.