Graphene Nano Share Discussion Threads

[leedskier] 16/12/2015 17:04

At the foot of the press release of Scomi's intended presentation at the IPTC (referred to in the posts above)appears

"Acknowledgement"

"The authors wish to thank Scomi and Scomi Platinum Management for authorizing the publication of the article."

'Platinum' being GRPH's local name. 'Scomi Platinum BhD' being the registered name of the 50/50 jv company created by the two companies to create, market and sell the graphene oil tools products.

[wskill] 16/12/2015 14:10

yes rob cannot remember an up day since the shorting gang started again never an RNS of change of holdings so I expect its the same gang with the MMs helping the spreads and CFDs outfits.
They could not borrow without informing the market so its naked shorting as is usual.
Pity that the FCA does not spend more on investigating the CFD and spreads companies there is a lot of shady dealings with the big players there.

[rob67] 16/12/2015 11:37

Yes i saw that on the GRPH website too. Seems they are busy behind the scene but share price progress is painful! At least i had chance to lower my ave below 50p

[wskill] 16/12/2015 10:08

See Shell was a co host at the international petroleum technology conference on the 7th December where Scomi was presenting graphene based drilling fluids improvements a good sign, GRPH were testing with Shell prior to the Artic debacle pull out for grapheme based drilling fluids hopefully some good information was gleamed by Shell on this testing.

[roddyb] 14/12/2015 15:28

Some strong buying today, a bottom beginning to form at last? I dipped my toe in the "kennel" last week as by now it is hard to see what is left to lose at these prices.

[rob67] 14/12/2015 13:59

Couldn't resist buying a shed load at these stupid prices!

[pugugly] 08/12/2015 13:27

wskill: Interest comment re PURE. It has certainly perfomwd well in the past but market cap and sP have been falling and "2 December 2015 that Jordi Ferre, a PDMR, sold 46,778 ordinary shares of US 0.10 each in the Company ("Ordinary Shares") at US$6.0499 (approximately GBP4.007) per Ordinary Share on 1 December 2015." Hummmmmmmm.



Off thread but may be of interest - Most commodity related shares seem to be in free fall.

[mdvorkin] 08/12/2015 10:14

Being a very illiquid share it is very easy for the few to move the share price with a minimum of sells or buys.

My view is that the board are waiting for the Scomi orders before they approach their finance groups for funds in order to deliver the products. Unfortunate for all concerned is where the oil price is today and the fact that the companies that Scomi is working with are probably delaying any decisions.

In addition, I believe that the share price has been placed under the 20p mark by the market purely to stop the company from buying shares. If you go back to the 2014 year end results in June, it stated that the company would look towards using something like £6m+ to support the share price. The market immediately took the price down below 20p prior to the AGM.

Please, this are purely my take on where we are today.

And yes, unfortunately I am still invested and watching the share price fall further today.

[via con] 08/12/2015 09:43

@wskill

I am not stating necessarily that the directors have acted improperly, I am merely looking at the company as if I were them, evaluating the opportunities that this share price has possibly given them to pursue alternatives to protect their "baby".

[via con] 08/12/2015 09:34

@marketeer4

I do not have a problem with the business model, nor the fact the GRPH requires funding, it is simply the BOD´s possible future machinations that worry me, and where that would leave us minority shareholders. As I stated previously something has to give. For instance if GRPH were to repair its relationship with its NOMAD, or select another one, at least we and the world would see a broker note (even though it would be from the house broker) rather than the stale and outdated PG´s Under Review note. Such an action would help to assuage me from believing that the BOD has other plans for GRPH.

[wskill] 08/12/2015 09:12

The directors have behaved in a proper manner in their previous company which they brought to the market PURE and it had a billion pound market cap at one point.
All that is happening here is the CFDs and short companies have sold a few times the normal free float to achieve their AIM of making money by shorting ,all of AIM has had the same treatment of course the MM have to be complicit in this fraud which at the end of the day it is nothing less.
The FCA is still investigating but as is usual they will find little evidence ,you will never see a reduced holdings RNS as there has not been a seller only shorts decimating small illiquid companies criminal I know but this is AIM.

[marketeer4] 08/12/2015 08:54

via con your musings outline a series of options which with the deteriorating share price seem nearer fruition.
I am convinced there is an agenda here as any rise in the share price is met with selling and even a slight rise one day is taken lower a day or so later. I hope we shareholders are not shafted as I do see that their business model could stand up with the oil scenario in a different place to where it is today but my concerns do grow with each day passing.

[via con] 07/12/2015 19:40

It is an excellent point you have raise re-IP, but again this GRPH is the BOD´s creation. It is difficult to imagine they would leverage the IP in this fashion. It is akin to losing control of the company.

It is easy to say now, as some folk have expressed to me, that the IPO/Reverse T/O was set at too high a price. Nevertheless these same people believe that the price is concurrent with the company as it stands now according to the B/S. GRPH has been under the kosh for a long while, whilst others have defied gravity and their anaemic B/S.

IP nor funding is the issue imo, it is simply a case of how much the true benefactors of GRPH will continue to entertain a worrisome connection with their MONAD and GRPH´s share price and the City. And moreover whether GRPH´s NOMAD will continue its relationship with GRPH and throw in the towel (unlikely as they need the money) but even so,there has been a raft of NOMADs cutting their connections to companies recently (correctly imo), so it might be the BOD are forced to do something. Something which I think the BOD has been complicit with for a while, by continuing this impass for so long.

For all these reasons I believe something has to give, a tectonic shift if you like, and the BOD has a miriade of options to employ. My worry is whether, we the faithful, will also benefit or not from their decisions.

Hence my musings and for others to express their thoughts to possibly explore alternate scenarios, thereby ascertain which one or indeed ones seem more plausible

[roddyb] 07/12/2015 17:49

I hear you.

My other question is how secure is the IP in this company? Could we have a minor embarrassment when the IP is offered as collateral, only to find it gone one day? As the share price tanks one wonders whether the finance in place is subject to some multiples for lending security?

On the other hand after this share price has been so badly mauled it must come to a point where it can only go upwards?? I thought we had found a bottom last week.

[via con] 07/12/2015 16:12

Some musings from a shareholder.

One of the many attractions GRPH had was its share structure. I´m a firm believer that shareholders´ and the BOD´s interests should be alined and GRPH has such a structure.

Unfortunately for me that positive attraction has fundamentally changed as the company´s share price has declined. In my opinion this low market cap now presents certain opportunities for certain parties -

The BOD may feel that the troublesome relationship with their NOMAD, the lack of interest in the company by the City and the depressed share price might be seen as an opportunity to delist in London, and seek another Borse, closer to home to list, where more interest in the company could be generated. Or to delist entirely and take the company private.

This latter scenario is the most worrying as (if they haven´t done it already- hence we sit around 12p) what´s to prevent the BOD pushing the share price down * (or maybe even further down) to get the company even cheaper. They are afterall the largest shareholders in the company (apart from Rob), and as we know it is they and not us who will decide the company´s fate.

The more obvious scenario, whereby a company makes an offer for the GRPH is a none starter as I cannot see such an offer being accepted by GRPH´s BOD, as they want to keep control of their "baby", and even if they were offered a 100p I still can not see the BOD accepting it. Although a stake might be sold to say Scomi, in order help funding but that might become a poison pill in the future.

So where does that leave us ? What is the best possible outcome for us ? Steady as she goes and maybe in a few years we´re back to over 100p ?

I don´t know, maybe I´m being too cynical, but there´s a chance we might have been well and truely shafted and we still don´t know it, apart that is from the pain of the lowly share price

¿ Any thoughts from the BB on my homespun musings ? Or indeed what are your own thoughts on the future of GRPH ?

* for instance via SOL or discrete tactical selling etc

[rob67] 02/12/2015 16:57

Yes a massive chunk

[wskill] 02/12/2015 13:11

Don't management hold a decent sized stake Rob which will limit any dilution.

[rob67] 02/12/2015 12:23

They dont hold any

[annieb1] 02/12/2015 10:48

Do scomi hold a large whack of grph shares?

[davethechef] 01/12/2015 12:40

No trades today, yet, but now 12.10p to sell & 13.28p to buy; looking perkier!

[leedskier] 28/11/2015 09:39

Impressive that it managed to make a profit. Thank you for the link.Hopefully we should receive news of the IO5 testing this month.

[mdvorkin] 27/11/2015 22:16

For those of you still invested and trying to determine what happens next, today Scomi, the joint venture company issued their latest results to end Sep 2015.

One section in the report covers the following:


Future prospects

Oilfield Services Division continues to actively bid for contracts which includes new markets and expanding current product lines. Oil prices are forecast to be subdued over the near term and as such activity levels are likely to remain low. However, the pipeline for tenders in Q2 is still very robust with over USD400 million bids submitted. Moving forward, revenue growth remains challenging, while we continue to explore new areas such as graphene enhanced drilling fluids and lubricants and well rejuvenation. Cash flow and cost optimization remain a focus area and we expect these initiatives to positively impact on cash flow.
Marine Services Division outlook also remains challenging, but management has secured further wins over the quarter as a result of increased bidding activities. For the Indonesian coal market, export forecasts for 2016 are estimated to be lower than current year. Management continues to focus their efforts in managing costs as well as expanding marketing efforts across a wider geographical area. On the offshore side, persistent low oil price have curbed demand for offshore vessels. Competition in this area continues to be tough but management remains focused on prioritizing utilisation of our vessels by being very competitive with our charter rates.

Transport Solutions Division continues to pursue monorail projects in multiple markets together with the new growth opportunities for the commercial vehicles in the leasing and maintenance business, both locally and abroad.

With the continued challenges globally in the currency market movements that have cost impacts in operations, the Group is cautious about the current financial year.

Not particularly good news but Scomi are trying to do their best for the joint venture.

Link to results is currently at:

[jovi1] 26/11/2015 17:33

better own 15% of something that 20% of nothing
if the product is good and money is what need, dilution is the solution is a welcome, management will be little more worried if new people come into the fray as with more sharholder there is an increase risk to see the door with lack of result.

[plunger2] 26/11/2015 09:51

Maybe a Placing but more likely a Convertible of some sort.
Given the Founders/management own so much of this they'll be more likely to think that "equity is blood"; direct dilution is likely to be resisted.
We'll see.

JMHO