Verditek Share Discussion Threads

[il duce15] 21/5/2020 11:15

I’ve been a holder since the IPO in August 2017 when they floated with a market cap of £16.9m

Since IPO they have raised circa £4.5m….Taken their Solar PV business from 51% ownership to 100%……Gained TUV certification for its solar product.

They have also entered into a JDP with Paragraf Ltd (The leading Cambridge based experts in graphene technology development) which has already resulted in the worlds first Graphene Integrated PV cell.

Board changes mean we now have an ex CEO working full time on taking our graphene JDP to commercialisation and a new CEO with an amazing sales history to drive the solar business forward.

And yet here we are with a market cap of only £12M

Time to buy some more in my opinion

[astralvision] 21/5/2020 11:06

Just to say 10p could well prove conservative.If they can fill the Italian factory up next year then that should be very profitable. 20MW to fill. That could bring in profits of >£5m10p = £30m or so market cap, do the maths!Nothing in the above for the graphene development. Now that could be explosive for the sp!Agree Nick, at 4p the risk/reward is indeed compelling.

[astralvision] 21/5/2020 11:03

>4p break out, lovely stuff.>10p as my initial target. Could well get there by year end if progress is made and contracts securedGLA

[nickyharvey] 21/5/2020 08:54

The risk/reward on offer at these levels seems compelling!

[32campomar] 21/5/2020 08:31

Lots of momentum and still only half the price that the director converted his loan to shares at 8p only 6 months ago. Clearly not much stock around, but who would want to sell at these levels with so much to look forward to?!

[32campomar] 20/5/2020 19:53

Surprised to see no big balancing sell like yesterday

[astralvision] 20/5/2020 17:32

From the AR:'We are also jointly developing a graphene solar cell with the potential to make enough solar energy from a small surface area so that electronic goods, such as laptops become self-charging'Simply massive, if they can bring this to market

[astralvision] 20/5/2020 17:25

CampomarReckon you are right, a commercial graphene PV panel could be worth an absolute fortune.The current ultra light weight flexible PV panels have the potential to 10 bag the company.Add in graphene PV and gawd knows what we could be looking at!All imo.

[32campomar] 20/5/2020 17:04

Still maintain investors are completely overlooking the Graphene Integrated Photo Voltaic cell, whose potential will be absolutely massive.

[astralvision] 20/5/2020 16:56

Agree Nick, the guy has a decent track record. From what I understand he's going to be using his contacts and knowledge to get some serious MW through the Italian plant.

[nickyharvey] 20/5/2020 16:32

Has in the past!

[astralvision] 20/5/2020 16:15

NickSeems he's very bullish, let's hope he can walk the walk.

[nickyharvey] 20/5/2020 15:21

Its all about management - feels like we have the right guy!

[astralvision] 20/5/2020 15:09

Might get me move north of 4p today, which would be nice.

[32campomar] 20/5/2020 15:07

Well the stock available for the 500000 buys has clearly gone!

[astralvision] 20/5/2020 15:02

And on decent volume, still cheap as chips.

[astralvision] 20/5/2020 15:02

Breaking out

[astralvision] 20/5/2020 12:19

Given the modest uplift, we could well see a balancing sale late trade.That's all good news, liquidity is allowing stake holders to exit and new buyers to come in.

[32campomar] 20/5/2020 12:01

4 x 500000 buys already this morning, someone is building a nice stake

[astralvision] 20/5/2020 11:00

Good posts Camponar, with you all the way!Market cap is a tiddly £10m or so. Ok, Paragraf has plenty of strings to its bow but it's had over £28m pumped in over last 12 months.Wonder what the m cap is of Paragraf!It's a private co so we don't know anyway, but can make a guess!

[meijiman] 20/5/2020 10:58

Yes have been aware of that for quite some time..just waiting for the ROW to catch up!!!

[32campomar] 20/5/2020 10:27

For me though the potential blockbuster is thisIn addition to our current PV panels in production, we have partnered with an outstanding leader in graphene technology, Paragraf, and have created the worlds' first Graphene Integrated Photo Voltaic cell. We are working together to engineer the technology for commercialization.Can you imagine how valuable that technology would be, e.g solar powered laptops etc

[32campomar] 20/5/2020 10:24

Yep. All the ingredients are there for a strong share price. Fully funded, new man in charge with excellent track record, share price on the floor, tiny market cap & a world turning away from fossil fuels. How often do we see investors piling in at high prices before the product is commercialised? If this was a buy at 10p when investors were piling in before there were buyers for the product, it's a screaming buy now at 3.5p. And don't forget, the director happy to convert his loan only 6 months ago at 8p.

[astralvision] 20/5/2020 10:18

Looks like there's a 500,000 buyer about.Increase in volume is good news.Add in new money, new management, new strategy and this stock is set for a whole new lease of life. imo.

[astralvision] 19/5/2020 19:16

Agree, that chart is looking quite tasty. Like to see the shares north of 4p then we've got some serious traction.