Verditek Share Discussion Threads

[dubois] 17/12/2020 13:42

Lots of buying again now. Drop overdone perhaps?

I still have confidence here and I'd rather they tell us than have TW ranting.
Paragraf could still save the year perhaps.

[astralvision] 17/12/2020 13:40

Fund raising @8p looking like an inspired move!Least there are no cash concerns here.Just need to get some decent orders over the line that complete JV update would be good as well!

[stevieweebie2] 17/12/2020 13:16

ps.
just shoved the remaining 3.5k into CEY at 121, chart looks much better than this one for a run up, bad news already priced in I think and GLD on the way up, what do I know, time will tell. at least ive been transparant if nothing else.

[dubois] 17/12/2020 13:14

32
A delay in this order is obviously a pain in the rear. However, as I said earlier, I think they will be at break even from orders from their agents (not the commission only sales people.) These orders will be at a lower margin but more frequent. Any business is not good if it relies solely on one or two large orders per year.

[stevieweebie2] 17/12/2020 13:07

Finally sold out for a 3.5k loss, complete lack ot clarity here, worst loss for me for many years so no hard feelings, its the risk we all take good luck all here, im investing elsewhere. I have patience but im no Saint ;)

[cyberbub] 17/12/2020 13:06

Do any of the large holders here have enough leverage to ask RR for a shareholders' webinar? It would be good to ask some of these questions about their execution strategy. At the end of the day we own the company, but we're being mushroomed on the way they're building sales, what the small/large order mix is, and why they're not providing a quarterly sales update etc. I know I and others are less than impressed with the company's website too. A forum where we can ask these questions without waiting for an AGM would be very useful.

[stevieweebie2] 17/12/2020 13:03

down to 5p, yes ineeded this is the company that keeps on giving.....it you up the Ass

[32campomar] 17/12/2020 13:01

Dubois, as I suggested in my earlier post, Mike Walters on his investment site has just commented any hopes of an early move to break even look set to be disappointed.

[astralvision] 17/12/2020 12:59

Good point naplion Agree with your thoughts, these commission only sakes guys won't be hanging around for long if there ain't easy pickings, they simply can't afford to do so.

[astralvision] 17/12/2020 12:53

Fair enough dubois.

[dubois] 17/12/2020 12:45

I think they are coming from agents deals and not the big orders. I did say recently that I would prefer lots of the smaller orders than a few big ones. What has happened is exactly my reasoning.

[monet] 17/12/2020 12:44

I've just sold the all my Verditek chart not looking good. Will get back in 2021. Good luck all LTH...

[astralvision] 17/12/2020 12:31

duboisAny reason you think we will be cash flow positive?Not sure where the orders are to back that up?

[dubois] 17/12/2020 12:26

32campomar, I think we will still be cashflow positive.

For me it is just a top up opportunity.

[32campomar] 17/12/2020 12:26

There's no chance of break Even by year end now, that was our biggest contract worth $2.2 million dollars! I'm concerned by the line about delays to other projects too. Our seller clearly knew there were problems.

[dubois] 17/12/2020 12:22

Only a small issue really. Hardly a big order.

Provided we have still reached break even then all will be well. We do still have the possible Paragraf news before year end.

[32campomar] 17/12/2020 12:16

Cash flow positive out of the window then as well.

[weyweyumfozo] 17/12/2020 12:15

Does this delay of a few months only involve a single containerised PowerMatt that the Sindh regional government were going to trial?

The initial order with SAF has been installed and is performing to their satisfaction.

[naplion] 17/12/2020 12:15

small glitch out of the big picture .. still all the same, just a bit of delays

might be a good thing as the buys will now clear the seller .

[32campomar] 17/12/2020 12:12

Someone clearly knew something, that wax easily our biggest contract

[32campomar] 17/12/2020 12:10

God that's all we need

[davidblack] 17/12/2020 12:10

Ouch on that RNS! Contract delay.

[volsung] 17/12/2020 12:09

Bought a few more at 7.3p
Bit disappointing though this price action