Verditek Share Discussion Threads

[chawkers] 01/4/2021 08:40

Naplion - who will take them out and at what price? They have maybe £1m in cash on the b/s, a factory in Italy and no sales to speak of or brand, so how much are they actually worth?

[garth] 01/4/2021 08:36

Dubois,

thanks for the reply. While it isn't for me the time to buy yet, I suspect I might nibble again at some point.

G.

[volsung] 01/4/2021 08:35

Wait for 2p

[naplion] 01/4/2021 08:34

well, i still believe in the tec but with my average of around 10 pence , at these levels there is no point selling now

might even top up but lets see where the price will settle

this company has the tech but slow on marketing so mark my word , they will be taken out soon ,

[dubois] 01/4/2021 08:26

I am not arguing against all the negative comments as the performance has been absolutely awful, I just like to see the facts where we know them.

[dubois] 01/4/2021 08:23

Chawkers, I presume they will not sell many (if any) of the current panels. They have cash and will not need to raise more.

[chawkers] 01/4/2021 08:20

Dubois - if demand has shifted to 350W flex solar panels and VDTK will only get IEC9001 certification sometime in 2H21 before they can sell them, what are the chances that until the new product is launched, sales of the current gen panels will be minimal, VDTK will run out of cash and have to have yet another CR?

[dubois] 01/4/2021 08:06

garth, yes you are correct. However, they have now gone from 260 watt to 350 watt and therefore need to be re certified and yes, they will be a world leading panel.

They just need to find a way to sell them

[vatnabrekk] 01/4/2021 08:03

Hugely disappointing. Glad I got out recently, but was hoping to have reason to jump back in again. I won't be doing anything for a bit to see what happens next.

[chawkers] 01/4/2021 07:52

32Campromar - think you have hit the nail on the head which is probably also the nail destined for VDTK's coffin unless they can produce a rabbit from the hat pretty quick sharp!

[32campomar] 01/4/2021 07:48

OMG the only contract update is to tell us of yet another delay to an order that was placed in August last year! So we can assume that none of the other orders have been restarted and there are no new orders.

[garth] 01/4/2021 07:43

I don't hold, but I have been following for a while and made a quick trade here and there.

I note this:

"Rob Richards (Verditek CEO) commented: "We are extremely excited about the development of our second generation panel which we expect to be a world leading product. A full certification process has been commissioned to allow the production to be sold globally in on and off grid locations".

Am I wrong in thinking that the first gen product was supposed to be "world leading"?

G.

[jbennett] 01/4/2021 07:36

We appear to be back in R&D mode!

[chawkers] 01/4/2021 07:09

RNS out - further delays to orders! Component supply issues meant VDTK didn't manage to ship the Intergroup Mining order in 1Q21. No update on other delayed orders or Paragraf JDP. Gulp!

[vatnabrekk] 31/3/2021 15:35

Thanks astral.

[chawkers] 31/3/2021 14:05

Dubois - how on earth are VDTK going to 100% fund the commercialisation of Paragraf's graphene solar panels?

On a brighter note, good to see tweets have reappeared. Let's hope they have something substantive to tweet about!

[astralvision] 31/3/2021 13:54

https://twitter.com/uktradeinthai/status/1376825444138319876?s=12

[vatnabrekk] 31/3/2021 13:40

astral, have you got a link, as I don't do tweeting!

[astralvision] 31/3/2021 13:36

It's still alive!Tweet 4 hours ago re trade show yesterday in Bangkok. Nice photo session with our man RR in the pic.The news starts here, hurrah!

[dubois] 31/3/2021 13:16

Chawkers,I'm afraid you have it factually wrong.Verditek provide 100% of the funding, Paragraf have the know how etc and then they split the profits 50/50 once they have a commercial product

[chawkers] 31/3/2021 12:59

Supernumary ‐ if you are in Paragraf's shoes you are probably asking yourself the question, how much is commercialisation of GSPVs going to cost and as a 50/50 JDP partner how are VDTK going to finance their 50% share? Also, bearing in mind VDTK's woeful track record in selling gen 1 SPVs, what confidence do you really have that they are the ideal JDP partner to sell next gen graphene solar panels?

[chawkers] 31/3/2021 12:57

Supernumary ‐ if you are in Paragraf's shoes you are probably asking yourself the question, how much is commercialisation of GSPVs going to cost and as a 50/50 JDP partner how are VDTK going to finance their 50% share? Also, bearing in mind VDTK's woeful track record in selling gen 1 SPVs, what confidence do you really have that they are the ideal JDP partner to sell next gen graphene solar panels?

[supernumerary] 31/3/2021 12:09

Chawkers - until there's an update on the paragraf jv, that remains a concern. paragraf clearly have a focus on semiconductors eg the Hall effect sensor, which use a lot less cvd graphene and sell it at a vastly greater margin. Solar panels in all their forms are pretty much a commodity business, so volume is all-important - do these partners have the resources to build that, even if they can make a successful prototype?

[chawkers] 31/3/2021 11:23

Final nail in the coffin would be if Paragraf decided it wasn't worth pouring more resources into SPVs and instead decided to focus on next gen graphene semiconductor development where the big bucks potentially are!