Versarien Share Discussion Threads

[scottishfield] 07/3/2019 12:28

ok, tks hattie1

[hattie1] 07/3/2019 12:28

Yes in the City 12.30pm

[chimpandy1] 07/3/2019 12:27

A nice bounce from the days lows shows at least a few were excited

[scottishfield] 07/3/2019 12:25

I've been away lately, is there an investor event today? (ratpat's post above)

[davemac3] 07/3/2019 12:24

still down on the day, suggests the market are not excited about this type of RNS anymore.

[adejuk] 07/3/2019 12:20

in china a mou is a binding contract

[ratpat999] 07/3/2019 12:19

Investor event in London underway nice way to start with a great announcement 👍

[squire007] 07/3/2019 12:19

:-) timing ... lol

[savvy investor] 07/3/2019 12:19

Hate to be a little negative, but I am afraid I find the timing, the interchangeable use of MOU and agreement language and the need to keep saying large and referring to the previous agreement in a new release is more what I would expect from the boards here than from a CEO. I predict others will see the same and this is now risky, I'm out until much lower levels as I do like the potential in a few years.

[bobsworth] 07/3/2019 12:18

Nice one Neil!

MOU with a second large state-owned Chinese aerospace company !

Blimey roll on the third one!

I guess the way VRS are heading in China we will not have too long to wait.

Good to see Neil RNSing now at anytime!

AECOM next!?

[squire007] 07/3/2019 12:17

More collabs and an order next two weeks so if your in ..... good luck to us all LTH... will win :-)

[ratpat999] 07/3/2019 12:13

We have at least 4 we know about 2 in Aerospace 👍

[anley] 07/3/2019 12:12

Month after month we get a MOU from the Chinese but still no real deal which could be turned in to sales and profits...........

Then VRS has a JV company in Hong Kong all ready and finally I am going to assume these Chinese ventures are to be wrapped up in to a mess we call Politics and may be Brexit is also involved. And do not forget how VRS will have to deal with remitting cash back to its parent company.

My bet is nothing will be forthcoming until after 29 March - either we walk away or there is an extension (bad for VRS) on the Withdrawal Bill and that will change the potential arrangements yet again.

But there is still no sign either from this government or Trump's dealings with the Chinese over IP and until that is resolved how can VRS sign any deal as the US government may have done a deal with the UK authorities?

Nevertheless there are many other non-Chinese fish to fry and that for me is where the deals will turn VRS into a very interesting growth business in the coming months.

[ridicule] 07/3/2019 12:11

I thought there were already 2 Chinese MOUs and that this should have been the third.

Savvy investor. Not sure how long you have been tracking VRS but your post 62864 is rather ascertive. Just about all the long term research on VRS, and I have been involved in that since 2013, points to this share being a Unicorn. Can you produce any hard evidence that would point to it not having that prospect? There are no absolute certainties in life, but I think I am a lot more certain than you are about VRS.

[sandbag] 07/3/2019 12:11

luckykids, (post 62807)

"I thought that the timing might have been AECOM saying they had iso approval and so had definite launch date."


AECOM already hold approvals in ISO 90001, 14001, 18001 and 50001 i.e. Quality, Environmental, Health & Safety and Energy Management Systems. Which ISO are you referring to?

[rogerbridge] 07/3/2019 12:08

Another collaboration in the aerospace industry and bodes well for the future. I know people want orders and I trust that we will receive some shortly. Collaborations can take a couple of years to bear fruit, so it is nice to have these for future earnings.

[phoenixs] 07/3/2019 12:08

melf, very good..it does amuse me how some people really do not have a sense of humour. Take themselves far too seriously

[melf] 07/3/2019 12:03

I know you chartists out there love to give your chart formations names, so how about "The Yoyo" for this morning's price action?

[dgduncan] 07/3/2019 12:02

Ashehzi, I wouldn't call them resident shorters. They are day traders and that is the way it is.
What I despise about shorters is that they sell shares that they do not actually own. This is different to day trading.

[ratpat999] 07/3/2019 11:55

What we know now is that Mr Ricketts will drop an RNS at anytime.
Watch out Shorters you won’t see it coming!!!

[ratpat999] 07/3/2019 11:55

What we know now is that Mr Rickets will drop an RNS at anytime.
Watch out Shorters you won’t see it coming!!!

[cheek212] 07/3/2019 11:51

I hoe a few people got burnt there lol

[ashehzi] 07/3/2019 11:51

Today's intra day RNS is a good lesson for our resident shorters (those who sell high n buy back same day at a lower price). These are the people who hold good chunk of VRS shares and move share price to their benefit because of their holding size.

They sell to
1. either increase their share count

2. or happy for a loose change for a nice evening.

They believe in the company but not the share price and play it to their advantage.

All those who were selling earlier in the day 10k, 20k, 25k scrambled to buy back.

[savvy investor] 07/3/2019 11:50

I quite like the company and see a decent future. I don't like that so many people talk about banning shorting, agreementsor mostly in fact MOU with little revenue yet. This is very speculative and people should know that when they invest. It might be worth a billion or it might be worth 20million, it can go either way. Long term I would prefer Revenue, not MOU to prove they have something game changing, why are they not being paid up front to enable them if it is so guaranteed to succeed? This is not being negative, but I think some are over optimistic given 400 times revenue valuation...

[realcooltrader] 07/3/2019 11:50

Excellent news, and I prefer the old font!