Versarien Share Discussion Threads

[shavian] 25/7/2018 07:19

Just been looking a bit more deeply into NanoXplore. What do we make of this data sheet in the light of their grandiose 10,000 ton/year production plans?



From the oxygen content (7%) does that make it GO? If so how are they claiming 6-10 layers? Just asking...

[owenga] 25/7/2018 07:06

Most of the China deals have only just started. I'd love to know where we are with the first jinan deal... seems to have got bogged down? Discussions started back in Feb!

[luckyorange] 25/7/2018 06:41

I did suspect that it was probably DIT meetings Festario after all Matt is 'seconded' at the moment and will still get support etc; wherever it is needed I would guess.

What the 24 "offers" from various parts of China are is what intrigues me if that was part of the discussions at No. 10 then it will be top secret ;)

[1teepee] 25/7/2018 06:28

But then I could get 3 x more on the FTSE 100 at Xmas

[foolishben] 25/7/2018 06:19

You want to short a short? Wouldn't it be easier to just go long?

[1teepee] 25/7/2018 06:11

Off topic but does anyone know if I can short a daily short like UK3S?

[1teepee] 25/7/2018 05:07

So who reckons China are quibbling over the price? Evidence? Thanks everyone:)

[1retirement] 25/7/2018 01:44

Submit an FOI Fest?

[festario] 25/7/2018 00:20

I believe it's time that Mr Ricketts informed us what the meetings have been regarding at No 10.After all, they can't be officially secret if they are allowed to tweet about them.Time it was put out in the open I think.

[sonsonnyjim] 24/7/2018 23:55

Neil simultaneously trolling us and shorters lol

[nopedigree] 24/7/2018 23:26

Hi TY, good to hear from you and I trust you are enjoying the hot summer but as the saying goes.... You ain't seen nothing yet.

Stock up on factor 50 if I was you.

Regards

Nopedigree

[hattie1] 24/7/2018 23:23

...interesting tweet from our CEO re Matt and the USA ...

[alchemy] 24/7/2018 23:07

You can get trading updates asynchronously too.And I'd be surprised were there not one before November.

[1teepee] 24/7/2018 22:34

It's not that slow to market really as a new material normally takes about 20 years to market anyway apparently. It's actually faster than normal

[axotyl] 24/7/2018 22:27

"Most passenger airlines carry enough fuel not only to support the weight of the aircraft and passengers, but also the weight of the fuel itself". - 66Sequoia

What about the airlines which don't?

Lol.....avoid?

[spike_1] 24/7/2018 21:48

Never mind about 'less than 10 weeks', anotherdrink (23108) reminds us that IMPORTANTLY (about 18:30 mins into the podcast) that The U.S. Graphene Council will be testing VRS materials throughout August so that VRS can be the first out there with certified graphene.

What share price then? - to be the first globally accredited? (and possibly - near term) the only world-wide producer of real graphene.

Incidentally, my own view is that we do need a second supplier of real graphene before too long, as fundamental changes in companies process / production, that relies on only one source is a significant risk.

This surely has to be game changing! AND, if the Chinese haven't woken up by then - they most certainly will.

Best wishes - Mike

[grabster] 24/7/2018 21:35

There's now less than 10 weeks till the end of the current half-year (Sept 30). It would be good if some worthwhile order from a named customer were inked in and announced in time to get included. And if the publication of those results takes as long as last year (2 months, 29 Nov) there is time for some post-period orders to be included in the report.

[luckyorange] 24/7/2018 21:33

Looking at Dekabank shareholders, every one of them is a German savings bank



They also provide their opinion on the markets worldwide, interesting.

[melf] 24/7/2018 21:32

Thanks GrabsterShoddy journalism...not one mention of China or the 3 tonne ramp up. I'd go so far as incompetent!

[spike_1] 24/7/2018 21:31

Thank you grabster - good to get the complete article - much appreciated.
Best wishes - Spike

[grabster] 24/7/2018 21:23

A fuller print of that Investors Chronicle article - which I don't think is bad at all, notwithstanding other points they could have mentioned (give them time, give them time - it's a start! And bear in mind that IC is part of the FT group, so the possibility of some other FT journalists picking up on it sometime). And the conclusion isn't the familiar ("Overvalued - SELL") but says "HOLD":


VERSARIEN MAKES MATERIAL SALES

(Mark Robinson)

Versarien (VRS) has seen a tenfold increase in its share price, peak to trough, over the past 12 months, a reflection of the blue-sky potential of its proprietary graphene technologies. However, the initial sell-off on results day, followed by rapid retracement, suggests investors may need to stomach a certain amount of volatility as the engineering materials group expands the range of commercial applications for its products.

VRS:LSE
Versarien PLC

1mth
Today change
-1.56% Price (GBP)
126.00

Graphene has numerous properties that could be utilised throughout industry, not least of which enhanced conductivity, so the group is already working towards integrating graphene platelets into batteries and super-capacitors – a potentially vast commercial opportunity. It has signed more than a dozen collaborative agreements since its previous year-end, while undertaking investments to build its graphene manufacturing capability.

Sales figures were in advance of expectations, while cash losses were down a third to £0.8m. For now, the financial returns are of secondary importance to how effectively Versarien can commercialise its proprietary offering, but beyond the graphene and plastics segment it also generates revenue from hard-wearing tungsten carbide parts, and other performance materials.

VERSARIEN (VRS)
ORD PRICE: 123p MARKET VALUE: £182m
TOUCH: 120-125p 12-MONTH HIGH: 144p LOW: 13p
DIVIDEND YIELD: NIL PE RATIO: NA
NET ASSET VALUE: 5.4p* NET CASH: £1.38m
Year to 31 Mar Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2016 4.4 -1.8 -1.7 nil
2017 5.9 -2.2 -1.9 nil
2018 9.0 1.6 -1.0 nil
% change +52 - - -
Ex-div: -
Payment: -
*Includes intangible assets of £2.7m, or 1.8p a share.

IC View
Comparatives are essentially meaningless, given that the limited broker coverage now seems woefully out of perspective given the exponential rise in the share price since the third quarter of 2017. Versarien's commercial model remains in its infancy, so the rate of cash-burn is central to investors' considerations. Around £2.9m was successfully raised last November, although an operating cash outflow of £1.9m suggests that unless operating expenses start to fall substantially as a proportion of revenue, the group will need to increase borrowings, or tap the market again at some point in 2019. One to watch – hold.

Last IC view: na



PS: That I guess is from yesterday's online version? In which case, I guess it will also appear in Friday's written version for additional viewers to see, and to research over the weekend.

[luckyorange] 24/7/2018 21:02

How many times have we heard that graphene ticks all the boxes and shows improvements or significant improvements, 20 years from now the world will be a different place and all for the better I hope.

[1teepee] 24/7/2018 21:00

Cheers, will have a good old read

[luckyorange] 24/7/2018 20:59

More science fiction on its way to fruition , a little bit scary maybe?


According to Dr. Xiong, artificial neural networks based on the current CMOS (complementary metal-oxide semiconductor) technology will always have limited functionality in terms of energy efficiency, scalability, and packing density. "It is really important we develop new device concepts for synaptic electronics that are analog in nature, energy-efficient, scalable, and suitable for large-scale integrations," he says. "Our graphene synapse seems to check all the boxes on these requirements so far."




"By empowering even a rudimentary level of intelligence in wearable electronics and sensors, we can track our health with smart sensors, provide preventive care and timely diagnostics, monitor plants growth and identify possible pest issues, and regulate and optimize the manufacturing process--significantly improving the overall productivity and quality of life in our society," Dr. Xiong says.

The development of an artificial brain that functions like the analog human brain is not quite feasible yet, and would require a number of breakthroughs. Researchers need to find the right configurations to optimize these new artificial synapses. They will need to make them compatible with an array of other devices to form neural networks, and they will need to ensure that all of the artificial synapses in a large-scale neural network behave in the same exact manner. Despite the challenges, Dr. Xiong says he's optimistic about the direction they're headed.