Versarien Share Discussion Threads

[impvesta] 19/7/2018 07:55

Well, judging by the mixed reaction on here there is no telling which way the share price will go today. For me it is a very informative RNS with much more detail than I was expecting.

Folks need to remember that this is about the finances FROM 1ST APRIL 2017 to 31ST MARCH 2018 i.e. historical data. If you look at the update on the collaborations/agreements then 8 are dated from October 2017 to March 2018 i.e. will have some effect on the financial statements to 31st March. The 5 that are dated April to July (i.e. 5 more in 3 1/2 months) will have no effect on the financial statements to 31st March.

We are told that there are "...possible links with another 23 cities or companies in China..." and that there is a "prospect for exponential growth from existing and new collaborations in place."

All looks to be progressing at a fantastic pace to me. If some investors have set their expectation levels too high, even for this astonishing ground breaking company, then that is their problem. It certainly will not bother me or other patient investors.

[battery] 19/7/2018 07:55

3T per year over 250 working days per year is 12kg per day.
To put that into a visual perspective that fills 450 oil barrels per day.

Good results, massive and expanding potential in China.
Cash ready for any drop today....

[superg1] 19/7/2018 07:55

Picking on new bits

We continue to work towards collaborations with one or more Chinese partners to enable us to manufacture and promote our high quality products in China.

So that confirms more than one province is in the game.

Graphene interest in China on-going with 24 potential partners now identified.

Versarien to be extremely well placed to produce the quantities needed for the commercialisation of these collaborations when required.

Mature businesses showing much improved financial performance.

Re the 3 tonne bit

Shareholders will be aware that we take a prudent view on capital commitments and scale-up as and when demand dictates we do so.

we are looking to incorporate Nanene into mobile phone accessories produced by AAC for the consumer market.

[jointer13] 19/7/2018 07:55

sg theres something going off there re. 3 tonnes...? all good.

that's massive in a short space of time

[amrishbhim] 19/7/2018 07:55

Some are just stupid myFriend, leave them to there own short life,

[wuzy] 19/7/2018 07:54

The more l think about the results the better they sound, looking really good.

[amrishbhim] 19/7/2018 07:54

I don't think so, suggest you think before you give a price statement

[eyeofthetiger] 19/7/2018 07:53

Why are so many flipping fixated on the market cap to cash in the bank. All the deals and strategic partnerships account for much more. Absolutely hog wash. You are investing in the potential and revenues will be up there eventually.

[zagrosfold] 19/7/2018 07:53

If this were an IPO the offer would be heavily oversubscribed at this price to put it mildly imo

[ridicule] 19/7/2018 07:52

CS I suspect the Chinese deals are not moving forward because the clinical current valuation of VRS is insufficient to agree a valuation, in the eyes of Chinese accountants, that delivers a partnership stake to VRS that satisfies NR and his fellow directors.

I think I have made this point before. It is not a case of the talks being dragged out, rather it is a case of VRS needing to deliver a commercial output from at least one or two collaborations that create sufficient value within VRS for the Chinese deal to move forward in a way that gives VRS an acceptable stake. In short, you are looking at the wrong metrics. It is not the slowness of the Chinese talks through a lack of energy into that process holding up the conclusion of a deal, it is the agreed valuation of VRS to allow an adequate stake, in the eyes of VRS to be achieved.

IPR protection will also be an issue, but I suspect HMG will have sewn that up by now, as far as it is ever possible to do so.

Luckily, as I advised others to do at the beginning of this year, I hedged my early VRS profits by offset investments (Tern in my case). As a consequence, I can buy VRS at the equivalent price of 36p in terms of the original money I top sliced from my original VRS investment into Tern, because it has 10 bagged since I made the hedged investment back in January, February.

If the VRS share price does fall by a significant margin in the short term, as a consequence of these results, I will sell some Tern and buy more VRS in which I already hold a seven figure number of shares.

This is not a criticism of how VRS has been managed, it is a recognition that an exciting company like VRS will get ahead of fundamentals from time to time to such an extent that the share price will become vulnerable to profit taking and those dreadful shorters.

As others have said, it often takes months and years to build up a Unicorn, particularly when the value offering is a newly discovered material like Graphene (Nanene).

[ayl30] 19/7/2018 07:52

I also have large holding in IQE, against n long term view

[ayl30] 19/7/2018 07:51

Let's see how the market reacts. As I commented yesterday as an investor not trader I take a two year view, everything they said today gives me confidence in keeping this as my largest holding. I note that a couple of collaborations are due to complete testing in a couple of months, so we can look forward to continued newsflow in rest of year. Good to see confirmation of enough cash for next 12m

[richardc77] 19/7/2018 07:51

The results look pretty good to me, 3 tonnes wow...although it would have been a nice headline if in profit that is all it would have been. There is lots to come i’m sure but company is loftily valued as of today so will be interesting to see where share price goes, will the naysayers and buyers who moved in just for earnings stick or twist?

I top sliced 25% of my holding into IQE earlier this week which I believe to be undervalued currently, but will likely buy more VRS upon more concrete Chinese news. I still have a very large VRS holding though.

Keep up the good work Neill & team 👏

[luckyorange] 19/7/2018 07:51

The detractors don't seem to have the ability to think about what has been written there.

Simple question, 3 tonnes , why?

Well done NR , Matt et al it's all on the cusp, really excited by the prospects now and the possibility of more info on Monday .

[redstone64] 19/7/2018 07:50

Neill has clarified the 3 tonne capacity as per annum on Twitter so from 250 kg (1Kg Per day) to 3 tonnes is 12 fold increase since the last orders at the end of last year. Great that he sees the demand there coming in the short / near term.

[diversification] 19/7/2018 07:50

I am happy for the shareprice to be built on a foundation of exponentially significant sales growth through international expansion.

24 cities in China alone, we have no doubt that our manufacturing process is proven.

For anyone who was hoping the company valuation would be justified by revenue metrics has missed the entire point and has probably invested no more than their mum and dads pocket money, if anything.

It’s days like today that I wish we had a dual listing in the U.S. as that market understands forward earnings better than most Imo.

I would love to see the market makers spark a short squeeze today as these shares are in solid hands. You won’t get any panic from the core shareholders here.

[grabster] 19/7/2018 07:49

dishonest post from AMT regarding cash is contradicted by the wording of today's report. No cash raise needed.

If he repeats his false claim rather than apologising and correcting it, his agenda will be clear to all.

[pshevlin] 19/7/2018 07:49

Any comments from analysts yet?

[anley] 19/7/2018 07:49

If the shares are down at opening WILL the funds who are trying to buy in pick up any loose stock?

Lets see............

[rogerbridge] 19/7/2018 07:48

Looking at the collaborations, we are quite far down the road with most, so we could be receiving orders in this financial year. Net assets up. TLking to far more potential Chinese partners than the original one, Matt has his work cut out.
Optimistic for the future, let’s hear what Neil has to say.

[rainbow23] 19/7/2018 07:48

Oh dear, not going to be a good day for the rampers.Back below £1 I reckon.

[shammytime] 19/7/2018 07:47

Exactly right. People like CS seemingly do not know the difference between final results and a trading statement.

[cheek212] 19/7/2018 07:46

Can I just also point out that the financial numbers are already four months out of date but do appear to incorporate the costs of increasing Graphene capacity without any sales to offset this cost. We already know that a Chinese company have acquired Graphene from us post y/e plus other collaborations announced. I also think there is other news brewing, maybe with further announcements today or at least 'imminently'.