Verditek Share Discussion Threads

[gerihatrick] 26/11/2020 17:10

I hope it is busy on the basis of orders received as opposed to orders hoped for!

[32campomar] 26/11/2020 16:47

Yes I get your point totally, and in the end it doesn't really matter to us long term holders, but I think the company do have a duty to keep shareholders informed. The manufacturing plant in Italy is very busy, that I do know.

[astralvision] 26/11/2020 16:35

Fair enough campomarLet's see what happens! imo, there's little point issuing a TU if there are some potential major events that could affect the outcome for the year.So I will, in some ways, be disappointed to see a TU too soon.

[32campomar] 26/11/2020 16:28

The November trading update may slip a few days, but it's still the companies intention to issue one. So I'd be very surprised if we didn't see by Monday or very shortly afterwards.

[astralvision] 26/11/2020 16:24

In fact thinking about it I would prefer a TU to be done as a 'pre close' statement pushing well into December.By then I would hope for further orders and Paragraf JV update.Otherwise there is a danger the TU is just a rehash of what we already know.imoGLA

[astralvision] 26/11/2020 16:20

Could well be further orders before trading update campomar, fingers crossed.Otherwise a TU is of limited use, imo.Also I hope we hear more on the JD with Paragraf before the year end.

[32campomar] 26/11/2020 16:18

Trading update any day

[mandatory] 25/11/2020 22:45

All day on Sky and BBC website....

[slimchops] 25/11/2020 20:39

On the hour every hour normally ;-)

[naplion] 25/11/2020 16:12

News tomorrow am ..

[dubois] 25/11/2020 07:55

Because a contract isn't reported, doesn't mean it hasn't happened

[1teepee] 25/11/2020 07:28

To negotiate

[1teepee] 25/11/2020 07:27

Big contracts can take up to 6months and even a year sometimes

[rheumking] 24/11/2020 16:35

It’s been a long time since the last significant announcement of sales although maybe we are all just too impatient and a 6 to 7 months wait is to be expected.
However I do feel we had hopes for RR similar to how a group of supporters look upon the latest Brazilian striker to join their team
So far he scored a hat-trick on his debut but hasn’t got in the penalty box over the last four months

[geoffsmith] 24/11/2020 11:41

dubois, A question if you don`t mind. Do you know for sure that there are
"lots of small sales going through" or is it just guesswork? tia.

[davidblack] 24/11/2020 10:36

Those small demonstration sales today are what’s going to become the multiple units in multiple locations in 6, 9 and 12 months time.

What as shareholders we want is those little sells to prize open ongoing sales channels leading to serious players.

Assuming those sales are happening to the right people? Then this is exactly what VDTK needs, it may appear pedestrian but it’s the right path.

Of course a few high profile revenue sales wouldn’t hurt!

[dubois] 24/11/2020 10:31

AstraThere are lots of small sales going through. The problem we have, is that we are a new company from a trading point of view and until we can get some history under our belt, people will get nervous. I know how they feel.

[astralvision] 24/11/2020 10:28

Hi DuboisI'm sure the guys are selling, but that doesn't necessarily equate into RNS.There could be multiple small sales going through.What we need is a few beefy MW sales and perhaps ones in that size take a little longer.

[dubois] 24/11/2020 10:17

I have previously suggested to the BOD that they start and announce only completed deals. This would remove the prospect of them making an announcement and then the deal not completing for some reason.
I am hoping that the delay in RNS's is down to something like that or perhaps a quarterly update. If so I would expect something before Christmas.
I can't believe we have 20 sales people around the world, plus the third party agreements in place and yet sold nothing. Just not real.

Someone did mention the fact that RR lives in Thailand. I don't see that as a problem as they are becoming a player worldwide, so wherever he lives, he would not be face to face with sales people. Covid has taught us that we no longer need to be in the same building.

I understand peoples frustration. I am heavily into these so I am just as frustrated, but hopefully we will be rewarded before Christmas.

[cyberbub] 23/11/2020 16:12

Geoff if you're the sort of HNW who gets invited to placings regularly then it's very lucrative. I mean there is a placing sonewhere on AIM almost every day. If you choose the right ones and can sell for a 10% profit (either after the placing... or before it, ahem!) each time with low risk, then compounding means you can make a very good return indeed...

[geoffsmith] 23/11/2020 14:23

sick as a parrot, yes you may be right and I do hope so too. However I think there is a class of
traders that just jump from one placing to the next for an easy quick profit
and don`t really look back.
I am in for the medium term and hope for a profit soon, but am getting
a little anxious about when will the company update us as promised.

[astralvision] 23/11/2020 14:03

could be right geoff, wonder how those sellers going to feel when orders/ joint venture with Paragraf/ expansion news hits?Sick as a parrot I reckon!,,

[geoffsmith] 23/11/2020 13:45

Does not look like a short attack to me, more like placing stock being sold
for a decent quick profit.
20p by April might be a modest target, but short term there could be a
slide as more placing cash gets freed up for the next sure thing,
whatever that may be.

[astralvision] 23/11/2020 13:45

DBDon't think it's a short attack as there has actually been quite a few buys today, all those at 9.6p below the mid earlier in the day were buys, based on what my broker told me and buying prices at the time.