Verditek Share Discussion Threads

[dubois] 21/12/2021 14:23

Hi astra, you may call me stupid, but I still think something is going to be pulled out of the bag.

[astralvision] 21/12/2021 12:49

sp anticipating that January TU?...

[astralvision] 21/12/2021 10:41

Chart looks like it's ready to crater to the 2p level.Where's Rob's Xmas cheer when you need it!

[ddt1455] 10/12/2021 14:49

As long as we don’t get a trading update this just remains total junk. Normally I would top up again at this level but now I want to hear any kind of positive news first. It’s been too long that we have all been led by the nose. Come on Rob if you read this, give us all a nice festive cheer

[astralvision] 10/12/2021 14:35

Agree it's on light volume, but lack of buyers at these supposedly 'low' levels must be a concern.We'll see if there is anything more to this drop than mm's soon enough, I would guess.

[ddt1455] 10/12/2021 14:21

See the trading volume? Ask yourself why it’s gone down so much in the last 12 days. I told you it’s market makers having fun.

[astralvision] 10/12/2021 14:16

Looks like last chance to sell in the 3's coming up, 2's beckon.

[astralvision] 10/12/2021 14:14

c 33% drop over last 12 or so trading days.Surely the company should say something?Or is a massively discounted placing in the offing?

[astralvision] 10/12/2021 13:16

Agree campomar.Perhaps all will be clearer in January, assuming they do a TU then.

[meijiman] 10/12/2021 12:46

If they have unique patented technology then a royalty model might be one option. Agree that in many respects they are too small to be be involved in global manufacturing and distribution.

[32campomar] 10/12/2021 11:42

Even if they land a big order, they are still going to have to try and raise funds to be a going concern. They have a huge problem on their hands, as who is going to want to take part in a share issue unless it is at a very large discount to the current price with clear evidence that sales have turned a corner? In a world screaming out for green solutions, it's quite damning that they haven't landed a big deal for, what is it, 18 months ??

[ddt1455] 10/12/2021 11:27

Your calculation looks reasonable and agree with you on market cap. In my opinion as it stands and what a prospective buyer would pay for a take over, not more of than a couple of mills tops. It feels like sales will have picked up in H2; perhaps not dramatically but it feels like there is some traction. Maybe they would be better of as an R&D company and forget about selling/distribution as that seems to be their main downfall. We know the product is working but if you can’t sell then that’s a problem. Fingers crossed next year will bear some fruit. Rob and cronies brokered a sweet option deal/ if I was in their position I would work my socks off. Sure they are working hard behind the scene

[astralvision] 10/12/2021 10:41

ddtRe funding, at the interims they said:Cash balances as at 30 June were GBP919,000 which included GBP250,000 raised from a two year bond issue via Crowd for Angels. A further GBP103,253 was raised via this platform after the balance sheet date.So that's c £1m cash and they lost £1.2m in the first half. Even if they've upped sales considerably in the second half, as there's very little evidence for that, chances are they could soon be running on fumes.Add in the stock position is £300k worse due to the theft and they must be tight that even if orders come in, have they got sufficient resources to fulfil orders?M.cap £11m looks very full in these circumstances.

[ddt1455] 10/12/2021 08:46

This share price makes just a little sense as the one we had a few weeks back at nearly 5. It’s all speculative trading which large spreads. Without any trading updates I will be just sitting back this time. At least no new funding round for now; that’s about the only positive I read atm

[astralvision] 09/12/2021 12:30

Looks like your buy in at 3p is fast approaching. Hell of a fall, much more than a weak market.

[ddt1455] 07/12/2021 14:19

Maybe market makers spooking smaller investors. All small fry trades. Buy in at 3 and sell again at 5. I could do this all year around. But that’s not what we want. We like some good news coming from Rob and his cronies

[astralvision] 07/12/2021 13:43

Precipitous fall in the face of reasonable markets.VDTK gearing up for that trading statement?If only they could find where the £300k of nicked panels went they might have some half decent sales leads instead of one and a half panels on some boat somewhere.

[ddt1455] 06/12/2021 15:07

Very disappointing I must say. On the other hand though quite a few on here have predicted another funding announcement before the end of the year. Well still some days left I guess for that prediction to come true. I hope though it’s some small investors needing some money to buy Xmas presents

[astralvision] 06/12/2021 14:23

Volume is light, to be fair.Could just be some cheesed off sellersTime will tell!

[astralvision] 06/12/2021 14:22

Below 3.6 and it drops out of the trading range for last 3 months.

[astralvision] 06/12/2021 14:22

Dropped 25% in last few trading days!Could it be VDTK's Xmas present, discounted placing?All imo.

[astralvision] 03/12/2021 12:11

M.cap of £13.5m looks way too much fir a cash strapped tiddler with no sales.I think value should be more like £5m tops, ie hope value, something for Paragraf jv and that's about it.All imo.

[astralvision] 03/12/2021 12:09

Looks like it's going to drop into the 3's again.I've been surprised by it being in the 4's, wondering what was holding it up, perhaps they had finally nailed down a few decent orders. I don't think VDTK has yet secured and got paid for a single decent order.4 weeks left of this year to come up with something.

[astralvision] 01/12/2021 09:37

Another false dawn for vdtk.Right back in the trading range now and no sign of any decent contracts.I guess a TU will be early in New Year, can't see it being pretty reading with minimal sales. Cash bowl will be running low again, but who is there left to tap up?All imo.