Versarien Share Discussion Threads

[eel tamer] 19/7/2018 07:46

3T at McClaren price is potentially annual revenue of 300,000,000GBP...

[superg1] 19/7/2018 07:45

Well I guessed at £8 mill to £9 mill revenue with a 35%-50% revenue increase and it came out at the top end.

I certainly wasn't expecting the 3 tonnes comment. personally I will be digging around that they do not expand unless there is a need.

On the pending tests. NR said and keeps saying that Nanene enhances everything they have tried it in so we already known the tests are going to show performance enhancement.

Impressive that the big names are already running tests on products.

[jointer13] 19/7/2018 07:44

the futures looking brilliant

[eyeofthetiger] 19/7/2018 07:44

I am excited about the future of this company. Worth multiples in this. However, in all my years of trading, AIM is about sentiment and there is a very even reaction in the market. Just being as honest as possible, the share price may go down today but hold for the long term gains.

[davemac3] 19/7/2018 07:43

Fuji VRS related revenues were up less than 10%

[jointer13] 19/7/2018 07:41

I can see why they are excited

[chillpill] 19/7/2018 07:41

Of course people need to remember the equipment for the new graphene capacity was only delivered in the final week or so if the accounting period.

The results are re-assurring as had been suggested.

Some might have got their hopes up too much but I think any price weakness will be short lived.

[fuji99] 19/7/2018 07:39

One important point to note: 52% revenue increase with just supplied small grahene samples. What will be the revenues when they will supply tons + China etc. year on year ? That is the heart of the matter for this company. All the good things start from now.

[rafboy] 19/7/2018 07:38

Superg1, exactly and they must feel they will need that level of production sometime soon. I wonder why?

[superg1] 19/7/2018 07:37

Back to AGM

Their costs swallow near £4 mill per year just on graphene.

It just shows the difference in the tech and of course VRS tech works.

CS moaning is he, surely not :-) it's been stated enough times here graphene sales wouldn't be much but other sectors would be up and they are. Carbide has done well, AAC up too and about to move into graphene enhanced phone accessories.

[jointer13] 19/7/2018 07:37

there gearing up for something..

[tini5] 19/7/2018 07:37

Amt - "Cash outflow about 800k in last 6 months" and "I think they will need to raise more cash within a year"

And yet they have £2.3 million in the bank (at March 2018).

Clearly says in the results: "The Directors have prepared detailed projections of expected future cash flows for a period of twelve months from the date of issue of this preliminary statement. These show that the Group is expected to have sufficient cash available to meet its obligations as they fall due for the foreseeable future (at least twelve months). These projections assume modest sales growth in the mature revenue generating businesses."

Think I'll go with no raise required.

[redstone64] 19/7/2018 07:37

An excellent set of results which gives a snapshot of the way things were at the end of March - a lot has happened since and the ordering of equipment for 3 tonnes capacity is a significant step up from 1 Kg a day. Hopefully we'll get clarification on if we're looking at delivery of that capacity within the previous 12 week lead time and if this 3 tonnes is a daily / weekly / monthly figure. Well done to the team and their partners.

[eyeofthetiger] 19/7/2018 07:36

Just reading the RNS and although the company has done great with their partnerships and China, the bears are latching onto the disparity between market cap and cash in the bank that stands almost 10 folds apart. Not a good day from my view but the bulls will be back. Presently stands at 5% down but pre-open means nothing.

[amrishbhim] 19/7/2018 07:36

It's good news, justThink about when result are announced next year same time, some people must be disappointed or surprised at the result , what did you expect, it's new but each week and month it signing up to new business, it now need to deliver on those and incoming over the next few month. I believe price will dip a little but by close of the month should settle back .

[davemac3] 19/7/2018 07:36

Looks like graphene business revenue is up to £1.2million from £1.1million

[ellissj] 19/7/2018 07:35

'Prospect for exponential growth'...looks good to me ! Glalth. Best ellis

[20pc] 19/7/2018 07:35

Fantastic results 52% increase in revenue, a couple of surprises for the researchers, 3 tonnes and 24 potential chinese partners. For investors looking to get into graphene investment these results show the huge potential of a company at the forefront of the Technology revolution with ollaboration test results due shortly.

[chillpill] 19/7/2018 07:34

SG. Any ideas how much the 3 tonnes CAPEX would cost?

[superg1] 19/7/2018 07:32

Jointer

I'm stunned by 3 tonnes I was still in 250 kg mode.

They only expand if circumstances determine that and it says so in the RNS, so I'm curious what has triggered the expansion and highly it's impressive that existing cash did that.

It demonstrates what they said all along that they can expand to commercial level production cost effectively.

[zagrosfold] 19/7/2018 07:32

I like this bit:

"We have continued to invest heavily in our graphene technology businesses as the level of collaborations has increased. Whilst these have yet to produce revenues of any material amount the quality and size of our collaboration partners gives us more than reasonable expectation that significant future revenues may be achieved. LBITDA for the year was GBP0.9 million (2017: GBP0.4 million)"

[jointer13] 19/7/2018 07:31

looks all good to me

"Initial quantities of our high quality graphene (Nanene TM) have been supplied to support these collaborations, in some cases supplemented by other Versarien two dimensional materials. In line with the broader market, our graphene related sales are still at an embryonic stage, with the prospect for exponential growth from existing and new collaborations in place.

We have continued to invest in our graphene manufacturing capability to support collaborative application agreements and have also ordered additional equipment that will see our graphene capacity reach a maximum of almost 3 tonnes. Shareholders will be aware that we take a prudent view on capital commitments and scale-up as and when demand dictates we do so. Our European equipment supplier is aware that market-take up will require either significant quantities of standard equipment or custom designed equipment and we intend to enter into a collaboration with them at the earliest opportunity."

[amt] 19/7/2018 07:31

Cash outflow about 800k in last 6 months. So looks like still burning cash although the business excluding graphene looks cash positive. I think they will need to raise more cash within a year but with market cap so high it won't have much dilution.
Nothing really much to read about collaborations which is disappointing. The short summary doesn't really tell us anything.
After all the excitement it all feels a bit flat to me.

[sonsonnyjim] 19/7/2018 07:31

50% revenue increase is fantastic though

[ellissj] 19/7/2018 07:30

Steady set of figures. Invested to 3 tonne capacity. Plus, vrs intend to enter into a collab with their european machine manufacturer to supply custom made equipt. Hints of expected big orders to come i imagine. That's a decent look into neills advanced 6/12 month view. Well done neill and co your efforts. Looks like this year has great promise ahead. Aimo. Best ellis