Versarien Share Discussion Threads

[evergreen8] 05/1/2020 12:00

Cheek - please revisit the vox market interview with Chris (our CFO) where he clarified the additional cash this invoicing arrangement contributed to VRS working capital.

[1teepee] 05/1/2020 11:36

Hi shorter scum

[hoverflyman] 05/1/2020 11:36

Evergreen8, better than ARPA, in the short term, might be for government to provide infrastructure funding specifically for TfL to install Aecom arches in the Tube: great showcase for some of the best, revolutionary new UK technology.

[cheek212] 05/1/2020 11:15

This is incorrect Evergreen - the invoice can only be factored once the service had been provided and proof of delivery held, so the business would have to stand the associated costs first before they receive an advance against the invoice value.

[nico115] 05/1/2020 11:08

Can't be THAT good as the shares have collapsed since the thread started !!

[oracle6] 05/1/2020 10:53

Surely someone from the private Discord group can answer a clear question? I've been told plenty of them have been posting on the other thread. Is the companys two most senior employees in that private Discord group? If they are, why are they there and what is being said to a select group of Private Investors? Can it be opened up so that all can see what's being said?

[nico115] 05/1/2020 08:50

Pleased you can see what I wrote I only post to help posters like you Another 20p and this gets interesting

[grabster] 05/1/2020 08:03

ev-8, thanks for your two latest posts. Very helpful.

[1teepee] 05/1/2020 07:15

Can see as you are filtered

[nico115] 05/1/2020 04:52

Hats off to you Most others do And that's what annoys me about superg Many bought at 140p and superg has cost them loads No humility from superg Just crazy ramblings from a mad man who bans anyone who is not as bullish as him

[1teepee] 04/1/2020 21:55

Hi shorter scumbag

[evergreen8] 04/1/2020 19:57

Re the timing of receipt of funds from commercial contracts, I understood that VRS use invoice discounting which allows them to immediately receive the vast majority of the invoice amount as cash in their accounts.

No doubt the large scale contracts will be structured with phased invoicing but none the less this will still be a considerable assistance in avoiding running out of cash through over-trading.

I understand that going forward there is an expectation of funding growth through the receipt of Governmental funds, both home and abroad, in addition to investments from shareholders.

So much to look forward to.
GLALTH

[aquaesulis01] 04/1/2020 19:56

Hope you're right Clint but suspect not as the share price actually recovered from 114 up to 136 over the same quiet period last year which implies pi sentiment is not as bullish now.

[sandbag] 04/1/2020 19:53

BTW markboys5,

My holdings are in three ISAs plus a SIPP. The VRS in the ISAs are all well into the red. My VRS SIPP holding is very healthily into the black.

[sandbag] 04/1/2020 19:38

markyboys5,

Quite correct!

I've bought at all sorts of prices starting at 14p and up to £1.81. The ones I'm presently selling were at the higher end. Point I was trying to make is that despite it hurting me I still believe the company policy is correct.

[markyboy5] 04/1/2020 19:20

Sandbag
You say your selling shares at 50% less than you paid.

Your post says different


sandbag - 13 Jun 2019 - 12:38:09 - 70559 of 87874 VRS The world lead in real Graphene (Nanene) - VRS
Can't buy any online on HL at the moment.

Edit
Just got 2000 + 2466

Share price was £1 to £1.10

🤔🤔🤔🤔9300;🤔

[sandbag] 04/1/2020 19:01

It seems that whilst China’s 2020 Foreign Investment Law has come into effect the Law is written at high level and gives little guidance as to how it is to be executed. Here’s a blog from China Law for Business:

hxxps://www.chinalawblog.com/2019/12/chinas-new-foreign-investment-law-and-intellectual-property-protections.html

Note especially:
“We had actually written extensively on the new Foreign Investment Law earlier in the year and planned to write more on it when its specifics became clearer, but — as is often so typical of Chinese laws — they never did”.

In addition, Shen Changyu, Director of the National International Property Administration was quoted in the January 2020 issue of China Report as saying “their focus would be on publicizing the document and working out detailed rules to ensure implementation”;.

Given the above I can understand why Neill / Chris have been reluctant to sign up to a deal yet and I don’t see a Chinese deal in the very near future.
It was always my intention to drip sell some shares to top up my pension. I’m now selling shares at less than 50% of their purchase price so I’m not exactly the happiest bunny around but despite this I fully support the company policy. They have to get this deal right or walk away.

[1retirement] 04/1/2020 18:23

Nico, hows Tesla doing?

[1teepee] 04/1/2020 17:22

Thanks for putting into words, what I was thinking ;)