Versarien Share Discussion Threads

[supernumerary] 10/12/2019 19:55

club - don't be daft - there'd be no bidding war, and quite possibly no bidding at all. It's just a ragbag of disparate companies - why would any other company want that lot - they'd just have to sell off at a loss the bits they didn't need.

Try doing a sum of the parts valuation and see what you get. TC and AAC are loss-making suppliers of uninteresting products, neither of which has grown significantly since they were bought by VRS. Indeed since the plant was all sold off in leaseback deals, I'm not sure the buyer would even be getting meaningful assets let alone cash-generating companies. They're certainly worth a lot less now than they were when Ricketts bought them.

The graphene stuff? Given that it has negligible sales, no contracts, no customers, and no legally defensible ip, its only assets being some equipment and some know-how, what would anyone realistically offer for it? The plant is probably also on lease, and the know-how is certainly on legs, so what then remains? A book of agreements to agree and a shoebox full of IOUs to shareholders? I know what I would pay, and I've a pretty good idea what you would pay :)

The market cap here is entirely dominated by the belief among shareholders that Ricketts can pull a big white rabbit out of a tiny little top hat...

[woodpeckers] 10/12/2019 19:42

Anyone expecting fireworks on Thursday will, I think be disappointed...

I am hoping for figures that reflect how lucky we are having a company that has good, solid, mature companies (which are actually starting to do pretty exciting things... supporting our groundbreaking technologies...

I don't know of another company in the same position...happy to hear of any other...

The results themselves will, I think, be 'boring'...

The forward looking statement will hopefully be the complete opposite...

[chillpill] 10/12/2019 19:29

When I bought in a two and a bit years ago I knew it was going to take 2 or 3 years (I told club sandwich this multiple times 2 years ago- did he listen? :)) and so far very happy with the progress.

The announcement a couple of weeks ago was a watershed for me although will be even happier when meaningful revenues flow through.

The financials in the results won’t count for too much although the burn rate will have gone up a bit.

Assuming BIGT is still going ahead we know a cash injection with 15% dilution is probable so the area of biggest interest will be how the collaborations are going.

[alchemy] 10/12/2019 19:23

Does anyone know , or is able to work out , the latest that results could have been published?

[charo] 10/12/2019 19:20

Or 2120 just as likely.

[woodpeckers] 10/12/2019 18:55

Imo, the interims will be a brief snapshot in time of where the company's finances sat end Sept 2019...only really of interest when we look at them and compare in Sept 2020...

[rheumking] 10/12/2019 18:38

Club
I agree the interims are a distraction- don’t expect any news from them. But not basing any investment decisions on them in any case .
Good news is trickling through rather than busting through a dam . Fact remains anyone investing here for last 18 months is nursing a big loss and the BOD do have to bear some but not all responsibility for that.
I am going to review at end of January and decide whether to abandon ship then as the opportunity cost here has been huge

[woodpeckers] 10/12/2019 18:24

Without a doubt jointer...:)

[club sandwich] 10/12/2019 18:24

Jointer - as I keep pointing out, if it's happening where is it?

[woodpeckers] 10/12/2019 18:13

Just for fun/interest I looked back at that email from Terrance Barkan that I posted yesterday and totalled up the 'exposure' numbers ie the number of companies that will most likely have received that email ...plus of course those where figures weren't given...plus people like me who just received the email because we've shown an interest in graphene...758,000 companies..

All of whom...in case they didn't yet know...will have had it pointed out to them that Versarien is STILL the only verified graphene producer...not bad eh! It will filter through to the masses eventually guys...we've just been lucky enough to have been given the heads up! :)

[jointer13] 10/12/2019 17:51

"We will do an update at the interims Bob"

looking forward to that bobsworth...thanks.

[snoopy12] 10/12/2019 17:44

Lucky it has nothing to do with Bids. I welcome healthy criticism but I don't put down any share if I am not invested or interested which I think is not fair for the other holders. I still have a small position here at the moment showing a loss and hence the comments on BIDS or any other share should be directed at the appropriate thread.

[club sandwich] 10/12/2019 17:22

1teepee - I wouldn't waste your energy. Leave the sheeple to their delusions. I wonder: is the Mighty Thong's thong made out of wool?So what's the betting there's no proper news between now and Friday and the figures are, as usual, desperately underwhelming? After all, the only thing Ricketts is good at is disappointment.

[bobsworth] 10/12/2019 17:22

Email message rec'd from Neil 2nd Dec 2019 when asked about the feedback kindly given by Skipper & Shavian from recent Shareholders meeting in Cardiff

"We will do an update at the interims Bob"

[bobsworth] 10/12/2019 17:07

Email message rec'd from Neil 25th Nov 2019 when I asked if any collaborations had failed.

"None have failed , as you know we are focussed on the nearest to commercialisation so some have lower resources attached currently."

[1teepee] 10/12/2019 17:02

Actually only a very small percentage of posters have filtered all these people. If you think your sheep cult is the majority then you are wrong. There are many of your fluffy brothers and sisters in many other sheep gangs. So plenty of sheep but only a small group in the g string wearing sheep cult

[club sandwich] 10/12/2019 17:00

RTG "Big few days coming up!" - let's wait til Friday, see if you're right, shall we?

because I'm betting it will all be yet another anti-climax.

[davemac3] 10/12/2019 16:57

maybe none of the collaborations have failed (due to the graphene) but I don't believe they are all still in play.

[luckyorange] 10/12/2019 16:48

I think that it is just a response to superg's posts on BIDS brassneck , he didn't really mean it 😉

[snoopy12] 10/12/2019 16:46

Brass I take what you are saying. This has been going on for a longtime and personally I am not a fan of twitter . Initially NR needed the help of twitter to draw attention. Now he hardly tweets anything maybe when he looks at the volume,he realises the size of the fan club. The stock market does not forgive or forgets .

[melf] 10/12/2019 16:43

Agreed brassneck.

Just look at the MAS commercial agreement recently signed. The collaboration commenced in January 2018 so the whole thing took nearly 2 years to get to the commercial stage. And this is on a product that is considered quick to market. I don't think any have failed....they just require patience. Something that many investors seem to lack these days as we can gather from the constant moaning on here.

[brassneck2] 10/12/2019 16:35

Snoopy, I don’t agree with your view that some of the MOU’s have run their course. VRS have been totally transparent on these in their HY and FY results detailing where each is at. So far none have been reported as over and none have just happened to drop off the update. For me it’s a key area to look at in Thursday’s results, more so than the headline revenue/EBIT. Best to just wait for the official view on these and then see where we are. Hopefully we’ll get a positive outlook and enough info to see that everything is still on track.

They’re not just launching a new version of a product but trying to disrupt every market they are in. It all takes time and considerable effort to succeed in doing this. VRS haven’t come unstuck on anything yet.

[charo] 10/12/2019 16:28

The results will tell.