Versarien Share Discussion Threads

[clint fleecewood] 09/10/2018 08:58

and pray how can a double top be forming when we are at a 1 month low?

[ellissj] 09/10/2018 08:56

Holding tight here, just placing overhang mainly imo. Best ellis

[desflurane] 09/10/2018 08:52

Double top forming on chart?

[diversification] 09/10/2018 08:52

I actually find the word ‘top up’ really really irritating. It’s probably because that’s all I ever do.

High level of conviction

[rogerbridge] 09/10/2018 08:52

That plonker, Lucian has posted his short VRS mantra on the other thread. At some stage he and his fellows will have to buy back. I am definitely not helping them out.

[runthejoules] 09/10/2018 08:52

I also think quite a few across the UK small caps market might have been psychologically influenced by the Times editor deciding to partially sell up and retire. It sets the tone, you know? I think the general economy looks like it's at a peak, but not tech. I think we are on the cusp of a Green tech revolution despite cuts. Once right wing sustainable tech billionaires like Elon Musk can work it into 'libertarian' / autarchy narratives all this will boom. It has to or there's no planet. Call it fomo but I don't wanna be left on the sidelines.

Obviously Mr Hindsight wishes he'd de-risked at 180p+.

I hope Kempster et al have had enough and cut their losses now, for the sake of their families who have suffered enough from their gambling and personalities already.

[cdub1] 09/10/2018 08:52

Just filter him, then you can see when he posts (and expect an imminent share price uptick) but not read what he has posted and not get sucked into his sadistic trolling. All he wants is attention, he is desperate for it.

[serratia] 09/10/2018 08:51

pshevlin,



Type in VRS.L press update.

[ewads] 09/10/2018 08:50

Took a breath and did a Haz type top up this morning

[rogerbridge] 09/10/2018 08:49

Well done to all those who took the opportunity to top up.

[pshevlin] 09/10/2018 08:49

That's nothing Joules. I'm in for 75% of investments. Mad I know especially as I have a woman (but she doesn't cry and half of it is in her name) Any more willy wavers?

[diversification] 09/10/2018 08:49

Rtj. Call me foolish but as I have continued to put money into this my average now sits at 1.27. I am very confortable with that. Good luck my friend.

Edit: Net asset value includes equity in property.

[1crackupboom] 09/10/2018 08:48

Why would anyone listen to lucian. Tw is more likely to move the market

[bootie64] 09/10/2018 08:47

The chart yesterday has 50ma shown

[john henry] 09/10/2018 08:47

Perfect bounce from the trend line and 50 EMA

[tini5] 09/10/2018 08:46

Rainbow, you're starting to sound a little desperate. Sweating much?

[diversification] 09/10/2018 08:46

Keep going Rainbow, the offer is creeping back up my lucky unicorn.

[pshevlin] 09/10/2018 08:45

How fascinating?

[runthejoules] 09/10/2018 08:45

...And there's Rainbow and there's a a bounce. This has not just happened with £VRS - £FEVR hit recently, and £KETL down as much as 9% today on no news, bounced back.

Diversification I'm about 50% in. No woman no cry ;-)

[rainbow23] 09/10/2018 08:44

At this rate the share price will soon be back to where it was six months ago and if vrs don't start to deliver soon that's where it's going.

[dianecarberry] 09/10/2018 08:43

Neill Ricketts walks on water but Versarien remains a sell for the brave (& First Derivatives)
By Lucian Miers | Tuesday 9 October 2018

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Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Neill Ricketts, CEO of Versarien (VRS), the graphene company which is currently the number one pin-up stock on AIM, can be forgiven for thinking that he can walk on water.

In October 2011 he paid £4,000 for a 40% stake in Versarien Technologies, a start up venture. The very next month he raised cash from his mates at 125 times the price at which he had invested, raising around £425,000 from them over the next eighteen months at prices up to 375 times his entry price (the accounts stated “the directors consider that all share issues took place at market value”). In 2013 the loss-making metals venture was acquired and floated via a reverse merger for a paper value of £6.5 million with Neill’s four grand stake worth a cool £2 million.

The rest, as they say, is history as the loss-making metals venture was put firmly on the back burner and the focus became graphene. Neill’s stake is now valued at £27 million, and that’s after net market sales of £775,000, not forgetting options worth £5.8 million and remuneration to date of £800,000.

The icing on the cake for Neill is that everyone loves him. Apart from the bears like me he has made everyone money, and even I kind of love him for the sheer brazen chutzpah of it all. The 125 timers and even the 375 timers he ripped off before the float are happy because if they had chosen to exit at the float price they still made good money (those who held will now be ecstatic). Various institutions dabbled in the stock and exited with decent profits, handing over to the retail army who now own the company along with Neill and have seen the price go up, more or less in a straight line.

All budding stock promoters should take a leaf out of Neill’s book. He has accomplished the trick to perfection. He chose graphene, a business with unlimited potential for hype, and has, with unfailing energy, pumped it with his two chosen weapons; a constant twitter barrage and regular appearances on stock promote tv, principally interviews on Vox Markets with the vacuous Justin Waite ( aka Justin the Clown). This seems to work better than analysts buy notes, of which there has not been a single one.

The red flags are, of course, ignored, as is understandable with everyone sitting pretty. The abrupt resignation of the auditor BDO shortly after the IPO, the resignations of the entire original board, the impressive NOMAD turnover (four in five years), the little omissions and inconsistencies in the story: all of these are tomorrow’s problem.

Sooner or later, however, the company will have to start producing the promised jam. As Cynical Bear pointed out the other day, encouraging results in a number of the tsunami of collaborations and trials announced to date were marked down as due within two months or “shortly”; back in July, and sooner or later he will have to admit to the ones that have been quietly dropped. The last thing Neill needs is to disappoint the troops.

Meanwhile I am happy to remain short and will return to Versarien in more detail in a couple of weeks after I have examined the pathetic response to Shadowfall’s excellent analysis of First Derivatives (FDP) by brokers Goodbody and Liberum. At £32, despite the fall, those shares are, in my opinion worth no more than £20 and that is being generous.

[festario] 09/10/2018 08:42

Fascinating trading

[runthejoules] 09/10/2018 08:41

Is the volume abnormally high? One of my blind spots is that I don't really pay much attention to it.

I tell you one reason for the drop.. superg1 hasn't been on for a couple of days. As soon as he's finished putting up whatever wardrobe or unsolved crime he's wrestling with I reckon we'll be alright.

Either that or Neill has been selling up to found Ricketts College, Cambridge. ;-)

I am strangely calm knowing I am not giving in to Rainbow and their ilk.

[diversification] 09/10/2018 08:41

Rainbow, those in profit are laughing now. You have no idea.

[lovat scout] 09/10/2018 08:40

Where 🌈’s argument falls down is that the fall in the VRS share price is not VRS specific - many highly rated shares have taken a beating over the last 2-3 weeks whilst the market goes risk-off with all the macroeconomic concerns rattling nervous investors.

To put things in perspective VRS share price is back to where it was a month ago well before PB fund raising. The same can’t be said for some others such as PRSM.

AIMHO etc.