Verditek Share Discussion Threads

[naplion] 22/1/2021 12:28

Hi all

I e mailed Rob few dYs ago asking why no update and that website needs improvement, and got the below reply .. they hVe not lost any orders .. which is good news .. please spread the word around on other boards

Shame we have to do it Nd not an rns ..




From: Rob Richards
Sent: Friday, January 15, 2021 5:40:12 AM
To: Sam
Cc: Enquiries
Subject: Re: Update

Sam
Thanks for the email.

The market place for our product is indeed tough at the moment.
However, we have not lost any projects merely that almost all of the projects both big and small are being delayed by the clients.

A trading update will be issued in due course, and we are heavily reliant on our NOMAD for these updates.

I appreciate the feedback on the website and will review, however I do not believe it’s normal to have a comparison vs our competition.

Thank you for taking the time to contact the company.

Best Regards

Rob Richards
CEO

[cyberbub] 22/1/2021 12:28

The collaboration agreement with that mining consultancy should be a 'gold mine' so to speak. AFAIR the consultancy have 4000 customers, you would think that mining operations (often remote) would be ideally suited to lightweight, flexible solar power panels. And yet we haven't heard a sausage.

[astralvision] 22/1/2021 11:31

Yes, there is vatna.Good update on JV with Paragraf, secure decent orders with customers that pay and they could be away again.

[vatnabrekk] 22/1/2021 11:27

Had a similar situation with AFC Energy last year but they have come good big time recently, so I reckon there is hope!

[rheumking] 22/1/2021 11:20

Think we need to put a bit of pressure on them to release done trading info and express our sentiments.
Anyone have the best email to get a reply on - I got no reply through their standard reply form on the site .
Let’s use a bit of shareholder democracy to get them to sit up and do something

[astralvision] 22/1/2021 11:09

Utter disaster stock, unfortunately.

[beagrie] 22/1/2021 09:30

Do this lot know how to issue a trading statement ?

[32campomar] 22/1/2021 09:28

This has surely got to flush a trading statement out of the company. 5p is the next support level.

[astralvision] 22/1/2021 09:23

Least this ain't a hot stock, not since last Summer!

[davidblack] 22/1/2021 09:13

Feels like highly geared investors are exiting a lot of recently hot stocks.

[cyberbub] 22/1/2021 08:56

Looks like the words "toilet" and "down" are appropriate here. Perhaps shorters have seized on it seemingly losing its way (at least for now). I'm still holding a few, considering whether to 'cut my losers' and make back my losses elsewhere.

[astralvision] 22/1/2021 08:48

Think it needs a statement from the company after that last misleading tweet.Looks like 5p is next stop down.Good job they raised a few bob last year!

[vatnabrekk] 21/1/2021 16:36

I'm sure it will come good (I'm an optimistic sort of guy!) but it's just a question of how long might it take.

[yump] 21/1/2021 16:08

This is very disappointing. When I first looked I thought I might have found a business with a very bright future, where the hype had blown off and things had calmed down.

What I've found is something that quite honestly just seems to be a mess.

[astralvision] 21/1/2021 16:07

Therein lies the problem Vatna, sales and, more to the point, the customers having the ability to pay!VDTK should be shifting this stuff like hot cakes!

[vatnabrekk] 21/1/2021 16:05

It seems to me that they have a fantastic competitive product, if it's all that it's cracked up to be. And if that's the case, I would have thought that it shouldn't be too difficult to get lots of sales, despite COVID.

[32campomar] 21/1/2021 15:34

If that's the case that's scandalous and smacks of being Desperate to mention ANY news. Moreover they clearly haven't got anything new to say which is even more depressing.

[astralvision] 21/1/2021 15:25

That tweet was last posted on 2nd November, which is pre the SAF cancellation

[astralvision] 21/1/2021 14:58

Isn't that tweet just a retweet so not really up to date info?

[astralvision] 21/1/2021 14:56

Hi CampomarI believe the figure includes the main SAF contract, in fact pretty sure of itav

[32campomar] 21/1/2021 14:41

Not sure that's right, it only includes the initial part of the SAF contact which has been paid for. I believe.

[astralvision] 21/1/2021 14:35

This is what happens when you outsource the Twitter feed to 'Wayne' and the chief exec has no idea or control what is sent out in VDTK's name.Laughable really,but not really.

[astralvision] 21/1/2021 14:33

Seeing As the biggest chunk of that revenue has been deferred or delayed or whatever I think that tweet is highly irresponsible.

[yump] 21/1/2021 14:16

Well GBP 1.6mln is the first SAF order, which was RNS'd, so that's a big chunk.

Perhaps they regarded the other orders individually as not significant, so no RNS.

However, tweeting what is in effect current year revenue is very amateurish, without a trading update.

These guys are experienced ex-investment this that and the other, so what's the score ?

[erinvale1] 21/1/2021 14:12

They should have issued an RNS, not tweeted this information. I emailed the MD yesterday with my concerns about their poor PR. No reply received as yet.