Versarien Share Discussion Threads

[andymoore07] 20/7/2018 16:36

Can somebody please help me, what's the 1 trade at 1.3750?Cheers

[festario] 20/7/2018 16:36

Talking of MM games, what sort of a closing price was that??Contrived by the purchase of ONE single share?

[foolishben] 20/7/2018 16:35

SG: Fair play, I was just curious and completely understand your point. I know half the lunatics you see on ADVFN must be geared up to their eye balls and and I appreciate how dangerous this can be. Personally I use gearing in quite a conservative way and have actually done alright in my first year of CFD trading. Just a hobby however and as I say 90+% of my liquid wealth is in traditional shares and 45% of that is now in VRS. Looking forward to that first big order coming in, I sense we won't have to wait until 2019.

[lovat scout] 20/7/2018 16:33

FB - the problem is you are not in control when extreme events happen - what would have happened if VRS had been opened by MMs down at 80p before rallying hard? The price they make is their call and no doubt punters would have been stopped out.

[foolishben] 20/7/2018 16:28

I don't necessarily disagree and for avoidance of any doubt, all 145k shares that I own are completely un-geared. I do mess around with CFD's with around 5-10% of my liquid wealth but only as a means of trying to learn the flow of the market and it's a sum I am prepared to lose. My point was however, if you are 99% sure a share is going north, it must be tempting to use some gearing, whatever your strategy, philosophy or moral code.....

[superg1] 20/7/2018 16:28

foolishben.

No not 1% of gearing for me.

On the far end of AIM shares typically you can get £40ks worth for £10k.

On the FT100 companies you could typically bet £200k with £10k of cash.

It's nuts and highly dangerous for compulsive gamblers. There will be 100's of those on ADVFN.

It the quickest way to lose all your money and some. The market goes on the hunt for margin calls and stop losses.

It seems it was done illegally on VRS yesterday. MMs can not drop the price to hunt for stops but they do.

[woodpeckers] 20/7/2018 16:24

Neill one of the 3 shortlisted finalists in the EMI Cotswold Life Outstanding Leadership Awards. :-)

Good luck Neill, you deserve to win!

[ashehzi] 20/7/2018 16:17

FB, Confidence doesn't equate to Spread Betting.

Using full cash to own shares is a strategy also, probably to me, more moral. But each to their own.

[foolishben] 20/7/2018 16:12

SG - Given your supreme confidence in VRS backed up by so much research, are you honestly saying you haven't been at all tempted to add a bit of gearing into the mix?

[superg1] 20/7/2018 16:06

ash

There should be no gearing imo just straight old bet long or short 100% cover.

After all in a betting shop if you want to stick a £100 bet on they won't accept a fiver.

[andymoore07] 20/7/2018 16:04

What impact would you expectTo see?

[sonsonnyjim] 20/7/2018 16:02

Honestly feel a bit lucky to have found this

[ashehzi] 20/7/2018 15:59

Now that the European Securities and Markets Authority’s (ESMA’s) new rules on leveraged trading are about to come into force, we wanted to let you know that new minimum margin rates will apply to your account from 28 July 2018.

Asset class: Shares
Current minimum margin rate: 7.5%
Minimum margin rates from 28 July: 20%

Please keep an eye next week around those dates.

BTW, I don't use margins, a personal choice.

Guaranteed stops
If you trade using guaranteed stops, position closure will now be triggered under slightly different terms from 1pm on Monday 30 July. When we calculate account equity today, we do not currently include running losses on positions with guaranteed stops. Under the new ESMA requirements, such positions will need to include running losses as part of the deposit ratio calculation. This means that your positions will be closed out when your cash, including all profit and loss, reaches 50% of your margin requirement.

[superg1] 20/7/2018 15:58

wooly

They're not from Hong kong and the last guidance was 12 weeks.

[axotyl] 20/7/2018 15:57

I don't remember HK being the source of the 'machines' - I thought it was Europe?

[club sandwich] 20/7/2018 15:50

wooly - remember a period of 3 months being mentioned a while back - but that's from memory and it may have been wrong to begin with ;-)

[turbocharge] 20/7/2018 15:40

Neill: "Your job is to build a solid multifaceted foundation for VRS"

Matt W: "Aye aye captain!"

[woolybanana] 20/7/2018 15:39

Out of interest, does anyone have an idea how long it takes from ordering a manufacturing machine from HK to product being available? I understand that the machines are modified by VRS to suit their needs.

[66sequoia] 20/7/2018 15:36

One for the shorters https://youtu.be/tNdBLBleO90

[scottishfield] 20/7/2018 15:36

Listened to that club, very interesting indeed, thank you.

[hew] 20/7/2018 15:32

A tweet today from Matt Walker that might be of value to any newbies or others concerned at some of the claims of shorters, or comments from those attempting to analyse VRS on the basis of p/e etc., or those worried about sales to date of Nanene, Graphinks etc.

The following is from Matt, someone with a wide perspective on UK industries and, though currently seconded to VRS, has continuing serious responsibilities to UK Govt. It's good to know that he shares the view of those here that have actually researched and understand the company, that Neill and his team know what they are doing, and are doing it right.

Matt W: "I've witnessed quite a few 'House of Cards' businesses fail recently which is inevitable; but it is even more sad when businesses fail from not building a solid multifaceted foundation at the beginning of their expansion planning phase."

[club sandwich] 20/7/2018 15:30

I've been out - was this posted?

[forestfred] 20/7/2018 15:25

Tini5
It is really enjoying it nice close to the week .

Ff