Versarien Share Discussion Threads

[alchemy] 02/5/2019 22:29

Well. Perception is reality or is it?I think the total available market figure must be too low. But I didn't like NRs sale . However let's remember the ic. Is not so much decision support as a contra indicator.I don't know if this is relevant but tfl can't afford to help Hammersmith and Fulham Mend Hammersmith Bridge because of Crossrail Slippage. Who is Aecoms customer. We need better reviews than this to be worth £200 mill..

[owenga] 02/5/2019 22:00

Specialty materials group Versarien (VRS) operates a mature thermal and aluminium products business alongside its racier graphene and plastics division, which sells pioneering graphene products under two brands: Nanene and Graphinks. In the financial year to the end of March 2018, sales from the divisions were roughly equal, but graphene is where the company has firmly directed its attention. The company is the first 'Verified Graphene Producer' approved by the Graphene Council, a global community. And it is announcing collaborations across the world.VRS:LSEVersarien PLC1mthToday change-0.39% Price (GBP)126.50The global graphene market is small, though. Its size was estimated at $42.8m (£33.1m) in 2017, according to GrandView Research, and is only forecast to be worth $563m by the end of 2025.Versarien, an apparent leader, was founded in 2010 and raised £3m with its Aim float in early 2013. Since then it has regularly tapped investors with a series of tiny fundraisings to tide it over: £5.2m raised in September 2018 at 145p; £2.9m at 18p in November 2017; £1.5m in March 2017 at 15p; and £1.1m in July 2016 at 10p. The company has also used invoice discounting (borrowing against outstanding invoices) to help fund operations; such liabilities stood at £1.1m at the end of 2018. A stronger financial position and more evidence of the company's ability to raise decent amounts of money would give us more faith in Versarien's ability to commercialise its technologies. Hopes of major commercial potential led to a share price surge in late 2017, but turnover has remained diminutive and sales in the world's largest graphene market, North America, were minimal in the 2018 financial year. The company has since established a North American facility, but a dampener has been put on the news by the revelation that the operation's chief, Patrick Abbott, is subject to criminal proceedings in relation to the sale of shares in a company where he was formerly employed. Versarien says it was aware of these allegations and Mr Abbott claims he is the victim of identity fraud.Versarien frequently updates the markets with news of new partnerships and deals, many of which are purely research-focused. But such deals can easily slip. For example, Versarien announced a supply agreement last year with US infrastructure giant AECOM and said it would provide a further update by the end of the first quarter in 2019 – but this has not been forthcoming. On Twitter, chief executive Neill Ricketts put the lack of news down to "a variety of reasons outside of either our control or that of the customer or even their customer".The company has announced a large number of research agreements with Chinese public bodies and companies. Here, it has suggested it could raise equity to fund its ambitious growth plans, potentially offering the Beijing Institute of Graphene Technology (effectively, the Chinese government) a stake of up to 15 per cent in Versarien in return for funding for its new Chinese subsidiary. This is only based on a term sheet, but Mr Ricketts has said that Versarien would like the deal done before its September annual meeting. Given the extent to which Versarien's investors need to rely on the hope of commercialisation at the moment, it was disappointing that Mr Rickett sold 307,970 shares at 136p on the day of this announcement (15 April), pocketing just shy of £420,000, although he remains the largest shareholder with 15m shares.VERSARIEN (VRS) ORD PRICE: 122.5p MARKET VALUE: £189mTOUCH: 121-124p 12-MONTH HIGH: 192.5p LOW: 63pDIVIDEND YIELD: nil PE RATIO: naNET ASSET VALUE: 5.3p* NET CASH: £3.3mYear to 31 Mar Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)2016 4.4 -1.8 -1.7 nil2017 5.9 -2.2 -1.9 nil2018 9.0 1.6 -1.0 nil% change +53 -173 -47 -Normal market size: 10,000 Beta: 0.61 *Includes intangible assets of £2.7m, or 1.8p a shareNo analyst forecasts available IC ViewGraphene harbours exciting potential, but is currently a small market, and Versarien may need serious capital to support the type of revenue growth that would justify the current market capitalisation. To us it looks more focused on championing the concept and announcing partnerships than translating this claimed potential into returns to justify its valuation. Things could change, but until there's tangible progress we wouldn't want to bet on the shares. Sell.

[touche] 02/5/2019 22:00

IC has VRS as a sell in tomorrow's publication.

[dafad] 02/5/2019 21:05

Interesting-

[taffy100] 02/5/2019 20:32

Exclusive: Tesla expects global shortage of electric vehicle battery minerals - sources

[taffy100] 02/5/2019 17:22

Interesting read. USA seems to be waking up!

Exclusive: U.S. seeks to tamp down China's electric-vehicle supply chain dominance

[rogerbridge] 02/5/2019 17:16

I belive that there was a lot of interest for hex boron nitride from S.Korea.

[aquaesulis01] 02/5/2019 17:09

Huawei have already incorporated graphene into their phone for heat management purposes

[davidosh] 02/5/2019 17:00

Just a reminder that in exactly two weeks Neill Ricketts will be at Mello2019 appearing on a specialist panel in the afternoon session. Mello2019 is to be held in Chiswick, London on Friday 17th May and this particular one hour session will be looking at the reasons why stocks are not valued correctly and do not seem to be the right price?

The panel will engage in serious discussion over a one hour session and include a well known City analyst, a broker, a financial PR, a highly respected investor and a fund manager. Two other stocks will be discussed and the CEO or a board member from each company is taking part.

This will NOT be a lighthearted session as the aim is to understand why certain stocks fluctuate wildly in price or never get anywhere near what a reasonable valuation should be if the brokers have their research correct ? It should be useful and informative. Mello is an event created by investors, run by investors and most certainly for investors. It is a ticket only event.

If you would like to come and meet and speak with Neill at the event and watch this panel session it will take place in the early afternoon at Mello2019 held in Chiswick, London W4 and further details here



If you want discounted tickets to attend then the best code to use is ADVFN30 and you will get 30% off the one or two day prices

[laginaneil] 02/5/2019 16:57

Hi ellis,

Thank you for that info.

I guess even if it's not as good as pure stuff it will still be very useful.

Presumable used like a heat sink paste or something.

[1teepee] 02/5/2019 16:34

Ru a private investor or a private investigator?;)

[ellissj] 02/5/2019 16:22

Tweet from 1/5/18 here. Best ellis

Neill Ricketts @neillricketts

"mobile phones = heat management = thermal solution = Hexotene #dotsjoined"

[festario] 02/5/2019 16:19

The holiday was Cuba I recall.A very short one too.

[ellissj] 02/5/2019 16:01

Hi lag. Neill has mentioned in the past (per poddys) that vrs have been concentrating upon graphene first, which reflects where demand lay. Since then, especially re chinese collabs, there is patently some interest in hexotene. i see some characterisation was undertaken in conjunction with the NPL earlier this year, according to an EPSRC grant award statement. Neill mentioned hexotene in the latest investor video presentation. VRS produce few layer 2D hbn, and although I doubt it measures upto this Bristol uni research, it should nevertheless provide collaborators/end users with enhancements versus conventional. EG Neill has tweeted in the past hexotene could be useful for enhancing the thermal management of mobile phones. Therefore, publicity such as the Bristol article can only help generate interest in hexotene and maybe that is already happening for neill to bring it up at the event ? Aimo. Best ellis

[laginaneil] 02/5/2019 15:31

Good afternoon Ellis,

So does our 'Hexotene' fit into the 'ultra-pure' specification?

[ellissj] 02/5/2019 15:16

Good news for hexotene imo. Best ellis

NEWS RELEASE 2-MAY-2019

'High thermal conductivity of new material will create energy efficient devices '

"Researchers at the University of Bristol have successfully demonstrated the high thermal conductivity of a new material, paving the way for safer and more efficient electronic devices - including mobile phones, radars and even electric cars.

The team, led by Professor Martin Kuball at the Center for Device Thermography and Reliability (CDTR), found that by making an ultra-pure version of Boron Nitride it was possible to demonstrate its thermal conductivity potential for the first time, which at 550W/mk is twice that of copper.

The paper: Modulating the thermal conductivity in hexagonal boron nitride via controlled boron isotope concentration is published today in Communications Physics.

Prof. Kuball explained:

"Most semiconductor electronics heat up when used. The hotter they get, the greater the rate at which they degrade, and their performance diminishes. As we rely more and more upon our electronic devices, it becomes increasingly important to find materials with high thermal conductivity which can extract waste heat.

"Boron Nitride is one such material which was predicted to have a thermal conductivity of 550 W/mK, twice that of copper. However, all measurements to date seemed to show its thermal conductivity was much lower. Excitingly, by making this material 'ultra-pure', we have been able to demonstrate for the first time its very high thermal conductivity potential."

Professor Kuball said the next step was to start making active electronic devices from Boron Nitride, as well as integrating it with other semiconductor materials.

"In demonstrating the potential of ultra-pure Boron Nitride, we now have a material that can be used in the near future to create high performance, high energy efficiency electronics."

"The implications of this discovery are significant. Certainly, our reliance on electronics is only going to increase, along with our use of mobile phones and adoption of electric cars. Using more efficient materials, like Boron Nitride, to satisfy these demands will lead to better performance mobile phone communication networks, safer transportation and ultimately, fewer power stations."

[sandbag] 02/5/2019 12:47

772

Yes, The Texas flag.. You're correct. Apologies for my error.

[fireball xl5] 02/5/2019 12:47

All the sells being absorbed again.

[grabster] 02/5/2019 12:45

Mexico. Somewhere at the eastern tip near Cuba I think.

[772] 02/5/2019 12:37

Was it Mexico or Texas?

[graphenejen] 02/5/2019 12:36

grabster – re target markets: I seem to remember NR saying that the 5 target markets were a mixture of countries and companies. I would imagine they are 5 different product areas too ...

[squire007] 02/5/2019 12:13

5 main product areas, clothing, batteries, building products etc .... getting closer and closer :-)

[sandbag] 02/5/2019 11:36

grabster,

I believe that's correct. Seem to remember he took the family during a school holiday and for some obscure reason he posted a photo of his legs whilst lying on a sun lounger.

[grabster] 02/5/2019 11:27

sandbag - NR I think has been to Mexico twice in past year or so? Thou from memory I think they were family holiday trips.