Versarien Share Discussion Threads

[sandbag] 10/5/2017 10:28

Bones,
This guy also values paper. Apparently employees who don't use both sides of writing paper get it in the neck. I hope NR becomes as wealthy as him ;-)

www.theguardian.com/business/2016/mar/10/ikea-billionaire-ingvar-kamprad-buys-his-clothes-at-second-hand-stalls

[spike_1] 10/5/2017 10:18

Fest - we needed those sells, otherwise the MM's would have been short. Churn is essential and will allow (hopefully) a relatively stable gradual climb back up.

Best wishes - Mike
p.s. I did buy a handful early on this morning.

[festario] 10/5/2017 10:00

Thought we might see a bit of buying this morning.As it is only small to medium sells going through.

[superg1] 10/5/2017 09:48

Shavian

As on twitter the CEO has a CVD coated version of Copper foam but more about the barrier property I believe.

Of course heat sinks are only as good as the paste or contact plate that links them to the source. So does anyone have a good solution there?

Hastings any idea? ;-)

[superg1] 10/5/2017 09:45

Thanks Seraratia.

Now was it Phil gaits or someone else, some computer guy.

Just joking of course for the onlookers.

[superg1] 10/5/2017 09:42

Good call re Modern water whoever that was. I think it was on this thread. It shows what a bit of good news and a link up can do for a share price and company.

I'm busy but later want to raise some points about flake lateral size that Prof Ferrari mentioned

What he said flies in the face of some claims. He said they cam improve the ink further by changing something in the ink process to make the lateral size of flakes larger. Before someone twists that comment the ink works fine for may applications but he would like to take it further and keep improving it.

If anyone bothers to read that important nuclear regs doc they'll see Cambridge ink gets a mention.

He is a world expert, he is saying lateral size for ink (in whatever he is doing) in his opinion will improve things. So that rather screws up what some try to claim with their theory.

[shavian] 10/5/2017 08:56

SG1: Your twitter post just now. Copper foam enhanced with graphene oxide. A double whammy for VRS!

[serratia] 10/5/2017 08:52

sg,

Not Fredrico. Federico.

[superg1] 10/5/2017 08:39

BTW

The VRS CEO is in Berlin over the next few days and speaking.

[superg1] 10/5/2017 08:33

This has been put on twitter



The relevance is obvious.

[superg1] 10/5/2017 08:29

Ask the finical PR guy who was present at Cambridge which company pays them the least in his portfolio.

Even he was excited about things going up for VRS but quite rightly he would not give the slightest hint about any of it.

The CEO wines and dines on going sale Croissants and going cold tea. The odd pack of Tyrells crips thrown in when he has chance to breath. That's the life of this particular CEO. No time to even stop for a Macdonalds at times but if the chance comes that's the 3 course meal.

[bones] 10/5/2017 08:11

Superg, the discussion on cash control reminds me of the anecdote in LeFevre's book "Reminiscences of a Stock Operator" (this book is based in the early 1900's by the way). The stock trader visited two companies to see the CEO of each. One explained his approach to running his company by using discarded envelopes kept as jotting paper for notes. The other took sheets of unused quality embossed letter headed paper to write down his arguments and demonstrations.On that comparison of profligacy and thrift, the trader invested in the company that recycled its old envelopes for jotting purposes. It flourished while the other company was bust within a year....

[superg1] 10/5/2017 08:10

Backers/friends


VRS or rather the team are well thought of and have contact from the top end in government to the royal family. That was also said at Cambridge but I already knew that and have confirmed it so I don't doubt it.

IF ever I say 'no way' it's proved to me. VRS do not want to be tagged as a BS AIM company hence they work hard to involve investors who can ask difficult questions and you will get honest answers within the disclosure rules.

When in Mexico recently as said on the day the CEO was with a main man (did he say Fredrico) of a company that is one of the main suppliers for aircraft seats (I think he said is the main supplier) in Europe. Light-weighting for seats is not critical aircraft parts.

2 on the NDA list were Aerospace related.

Then 2 DTI guys defence related one for some south American countries and one for elsewhere. Again defence related and stating they want to include VRS in events. Such events are restricted.

So we have `the UOM/NGI and Cambridge on board and have spin outs from the 2 Unis.

Andre Ferarri is renowned in the field of graphene and got an award recently. He is a VRS shareholder by virtue of the ink acquisition as is Mark Shepherd the founder of XAAR. Mark is there on the Cambridge ink, can you imagine the contacts and experience he has in that industry.

The UOM are shareholders. The NGI it seems identified VRS graphene to the OEM when they came looking for quality.

They have contacts in high places. While that won't get the, special treatment it can't help be an influence when chats ay various events go on.

The VRS team seem to play it very low key. It's not in their nature to hype things up.

They stuck a fantastic list of NDAs on the screen, 7 names saying it was part of a much bigger list. I know Aims BBS that choke on their weetabix just seeing one of those names.

Quite amusing really seeing a short list of perhaps names worth a $trillion or more being called worthless as NDAs.

That's how VRS play it, they call the companies that called them wanting an NDA as worthless NDAs until those NDAs convert to something of substance.

This isn't one that was up but it's a fair comparison. If a share with the hype crew knew their company was talking to Apple what would the BB be like?. We all know it would be full of outrageous hype and claims of life changing. I've seen it all before. One on the list was a big topic on one share which saw their M/C go into 100's of millions before they ever started selling anything because the NDA turned into a deal. That company only ever seems to talk about that one player. I know that company is interested in graphene.

So VRS are talking to some serious players that contacted them. I looked up one of the majors yesterday and I can see they are talking graphene in many of their applications. They have come to VRS to talk graphene.

That's how it is. We are not waiting for someone to chat to VRS or VRS to find a big name to chat to. Dozens are in NDAs with them and many came to VRS not VRS to them.

Just one of them turning into something and off we go, not just graphene either.

[superg1] 10/5/2017 07:40

the KLF

re

VRS have basically admitted that has been the case in the past having issued an albeit minor profit warning.

The Carbide drop in revenue was well in play but much of the extra costs over the last financial year is to do with acquisition costs and the move of Carbide to it's new location. The old building they were in has been demolished. The costs at the new site overall are lower and as a result of the move there was some natural wastage.

They used some cash to acquire AAC and Cambridge. Costs to move Carbide were £370k and then there was the fit out of the new premises which is mentioned in the local media report I posted detailing the move and comments from the Carbide MD.

As others can confirm as said at Cambridge. As a result of the move Carbide costs are materially down and growth is back, they said they would diversify and they have. Aerospace is one new order and defence is another.

The CFO gave guidance that they hoped to be break even/cash positive in 12 months.

At the previous event post fund Raising the CEO said they had enough cash running a tight ship to run for 22 months but wanted cash for equipment on the graphene side.

On Cambridge day it was said the calculated amount needed was £700k so they went for £1 mill. The whole point of using primary bid was to allow PIs to get involved and demand quickly became £1.5 mill at which point they pulled the plug.

So in cash terms it would be about 20 months on a tight ship plus the £800k extra they took.

The CFO is as solid as you would want to have on money and if you know enough about him and some actions in recent times you can't have him over and he drives a hard bargain.

It's just his nature to be tight with money and spend it very wisely.

The team want to use cash to build businesses not live it up spending investor cash with an easy life.

[bones] 10/5/2017 00:27

KLF, we were told later in June for finals but no date is yet fixed as this depends on date of signing off of financial audit by PwC.

[supernumerary] 10/5/2017 00:24

Mr P - thanks. More details of real applications would be very interesting.

sg - acso has an exclusive relationship with virtually all its customers for queuing and ticketing services, and all parties speak very highly of it. However I agree it's the exception, not the rule. I think it's particularly dangerous to enter such a relationship where the partner receiving exclusivity already has a competing product...

[scrutable] 10/5/2017 00:22

Thank you skylite and spike. Nice to be made so welcome. You will I hope continue to find me occasionally in small doses feeding off and supporting encouraging innovation from the few really great growth small companies. For those of like mind, which of you have not yet found CWR,G4M,PRSM,SPE,KENV,TAP,88E,and HUR,alongside a VRS, now displaying some of its promise. I hope that one or more of these give you as a new pleasure what they have given me. Aspiration, wonder,excitement,and capital growth opportunity. GLA

[theklf] 09/5/2017 23:26

Does anybody know when the results are due out? I am keen to see the figures on the various businesses out of my own curiousity. I am not averse to an approach where 'cash cow' businesses support 'bootstrapping' of 'growth' businesses as it's quite standard Management strategy. My issue and that of a few others is that an 'Established' business shouldn't be having the sort of problems which require Management attention and focus to be diverted from the growth businesses. VRS have basically admitted that has been the case in the past having issued an albeit minor profit warning. I don't think it's a game changer by any means so intend not to go on about this (I am boring myself and can sense exasperation from others as well). I have huge amount of respect for the job Ricketts has done up to now by tying up UoM and UoC graphene companies who are 'Insiders' in this growth sector and have validated the overall VRS model by taking VRS equity. I think that is what we should all focus on. The future is so good on the graphene side it should make everything else pale by comparison.

[john henry] 09/5/2017 23:16

Technicals looking positive on many indicators.

[mr paul b] 09/5/2017 22:00

To be honest supernumerary he never said what the part was for , it was a rather small part shaped like the letter n , the graphene improved its elasticity.as it was at the end of the session and other people were trying to talk to him I only got a few mins with him .

[superg1] 09/5/2017 21:54

I was looking for document which I'll post later but came across this as recent news. The document/report imo was important anyway and I kept it off here and even more important now I have seen that.

[superg1] 09/5/2017 21:50

Hastings

I note your comment re the article

There has been another one bubbling away for a while which but has not appeared yet but is still active. I have no idea re timing but do wonder why such things seem to take so long. I would hope it would be out this month.

[supernumerary] 09/5/2017 19:51

Mr Paul - what were the parts, and what did the graphene add to them?