Versarien Share Discussion Threads

[mr motivator] 11/2/2020 20:27

I had to alter my stop loss 5 times, 60p, 55p, 50p and 45p, 40p.

Now I have removed the stop. Lesson learnt never alter stop losses.
where does this stop?

Someone posted it could go down the rabbit hole and come out at 15p. This worries me a lot.I can't get no sleep now. Dreading that famous -80% mms cleancut.

Maybe a fundraising at 10p. TW saying it's a scam. Crazy.

Can we take part in the fund raising at 10p if there's one?

[stellainvests1977] 11/2/2020 20:25

Me tooGood night guysLet's hope tomorrow may bring some upside ?

[soilderboy] 11/2/2020 20:23

CheersI hope Neil reads your post!

[stellainvests1977] 11/2/2020 20:15

Thank you SoliderBoy sometimes it's reassuring to hear of similar concerns hopes and ambitions we have for a share. I did extensive research myself had the odd doubt but was swayed by Neil with his podcasts his enthusiasm his hard work and truly believed along with the more experienced guys in this board that I could be part of something special and along the way make a bob or two.I just hope for all LTH that he has achieved some sales and grows what I thought was a very exciting Company but surely learn from this breathtaking drop in price and consequently address it in future

[soilderboy] 11/2/2020 20:08

I too are heavily invested in HUR. The difference is it makes money and will shortly be 22000 bopd. Don't worry with that one it will come good. But this; It does not earn a farthing and the clock is ticking. It's a grate dream though.

[loglorry1] 11/2/2020 20:07

@AquaeSulis01 I hope you make your losses back on HUR. I have no view on that stock but it seems like a serious company and their CEO Dr. Trice seems to have a lot of credibility.

[loglorry1] 11/2/2020 20:05

I see Tom W making serious allegations again about Versarien and asking Versarien to sue him.

[garfield31] 11/2/2020 20:04

What makes me so angry is the task of the directors and staff is made so much harder by what is happening here. In many countries the attempt to set up a world beater would have the support of all whereas here some seem to want to destroy.

[aquaesulis01] 11/2/2020 19:55

ff I have cut my losses more than once on this share because of expectations raised but not delivered upon. I have never shorted a share in my life and genuinely wish all LTH's well because it is miserable watching your portfolio diminish because you did your research and trusted the official info pushed out by the Company. I am currently hugely down on Hurricane Energy, but actually trust the Board to eventually deliver and ignore the short term noise from shorters because the company is producing over £100M free cash per year and will potentially have a PE less than 2 when it publishes its accounts in Mar 20! If I could have the same conviction about VRS I would have hung in here but with the current REACH limits for graphene of 10 tonne per annum, even if the orders drop, I am unclear how unicorn status can happen.

[rogerthegrouch] 11/2/2020 19:49

I understand many PIs will feel a bit rotten tonight but I would urge them to look at the facts. The company released an RNS yesterday stating there was no material reason for the drop and clarified the financial position. This is still the same company it was last month and the very same company at 180p, in fact it’s laid more foundations and in a stronger position since then.

This isn’t a duff stock that has a questionable future. It’s not a oil stock that hit a duster, it’s not a pharma that just failed a trial, it’s not even a tech stock with a new technology that could fail. We know the tech works as per the Arch, commercial agreements with textiles and the drilling part, even the MD headphones and its glorious reviews.

We know deals are absolutely imminent and given the companies involved are likely to be company makers in themselves. We know China options are being worked through to invest and open the door to the Chinese market. You get the drift.

If nothing has change and nothing is wrong then why sell? Because you fear it will go lower? Because you’ve already carrying paper losses and you want to preserve capital? Don’t get mugged, remember the investment case, see the true story, don’t sell low. And when we do rise back up which I expect to happen rather quickly whatever you do don’t sell at your breakeven point. It’s basic stuff but if you let the faux decline mess with your emotions, you’ll make daft decisions.

The price decline bears no reflection on the business. Business is going great, financed and healthy and no doubt on the cusp of signing a mega deal.

This will be a unicorn and then decacorn given the right timeline imo.

[loglorry1] 11/2/2020 19:45

AIM is not the place to buy hopes and dreams. They do sell them there but they almost always result in severe dissapointment. Go ask @smallfry.

If you want to dream of riches untold buy a lottery ticket on rollover day. The odds are much better.

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How very sad not to be able to have hopes and dreams and just be filled with negativity.

[loglorry1] 11/2/2020 19:34

It won't go to court and even if it did Neill won't get crucified. As I pointed out in my last post none of these words are actionable. Who's to say they weren't "confident"? Neill was confident at the IPO of Versarien that he would change the world with his copper foam heat sink. He gets paid to be confident. Did he deliver on that?

@Club find me one single thing that Neill or any of the board members said that could get them in trouble in court. You won't. They can wiggle out of it all but we all know what effect it had on folk who quite understandably thought it sounded like a fantastic opportunity.

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When this gets to court, Ricketts gets crucified.

[forestfred] 11/2/2020 19:34

Fair play the dementors are straight on you .

You say anything positive and you will have a dementor straight on you.

Trying to suck out all your hopes dreams and aspirations.

How very sad not to be able to have hopes and dreams and just be filled with negativity. .

Ff

[loglorry1] 11/2/2020 19:31

@AquaeSulis01

sounds impressive doesn't it but never any numbers given or timelines. Without which it means practically nothing.

The "relationships" could have been a phone call or two.

The "impressive progress" could just be that they were impressed someone called them back.

Confident on "rapid progress" well based on Scrutable's 25 year commercialisation expectation that doesn't mean much either does it?

This is why buying a stock at £50m+ market cap based on words that could mean just about anything is very very risky.

Look at the actions not the words. Neill happy to ramp like mad (BIGT RNS) and sell down his own stock. When it came to delivery on BIGT. Zip.

[club sandwich] 11/2/2020 19:24

When this gets to court, Ricketts gets crucified.

[club sandwich] 11/2/2020 19:20

"we are confident that we can make rapid progress this year with the commercialisation of graphene enhanced products both in China and globally with our partners.")" A very clear representation, which caused me and no doubt many others to buy more. A year later, and nothing.

[aquaesulis01] 11/2/2020 19:14

ff to be fair the thing that has changed is the ever slipping date for commercialisation that really does mean a fund raise is inevitable. This from the 4th Feb 2019 RNS China Update

(Neill Ricketts, CEO of Versarien, commented: "We are very pleased with the further progress we are making in China. We have already secured partnerships with a number of leading manufacturers across a variety of sectors, together with securing formal relationships with Chinese provincial government bodies.

"Since entering into these relationships in the later part of last year the rate of progress has been impressive and we are now at the stage where we have defined work programmes with a number of the partners. In conjunction with the GEIC and the other facilities and expertise available to the Company we are confident that we can make rapid progress this year with the commercialisation of graphene enhanced products both in China and globally with our partners.")

[club sandwich] 11/2/2020 19:05

SoldierBoy - but we've been told many MANY times that the world is beating a path to Versarian's door. Unless of course that was a lie...

[loglorry1] 11/2/2020 19:04

The only reason you think "the big five" (which by the way Neill couldn't even remember who they were) are important is because Neill and his promoters keep telling you.

Let's take one. BIGT/China or whatever the current name they are using is. China has shown no interest to do anything other than talk. They've made no cash commitment and they've been shown to be completely unreliable.

I also fail to see why either AECOM or MAS will result in a huge initial order. Big companies test lots of new products from lots of different companies and some make it into mainstream use. AECOM may order a few kg of graphene for their Arch they may also buy graphene from other suppliers if they so chose. Even if they do we have no way to know what price they'll pay or if that constitutes a viable business for VRS as we have no way to know cost of production or even if VRS is able to scale up to provide large volume.

Sure there is some potential here the bears have never said otherwise.There is no reason to pay a premium for Versarien here over any other graphene producers many of which are way further down the line of commercialisation.

This is especially true when Versarien are obviously running out of cash. Thier management has been shown to be pretty selective about what they say. Their CEO has been selling down shares and has hyped the prospects to high heaven and delivered nothing.

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Log. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz. What will you do if the first of the big five drops in imminently???

[aquaesulis01] 11/2/2020 19:02

I would think that they were libelling me not slandering me as it was in writing!

[bigjohnsmam] 11/2/2020 18:55

Yes, totally agree ff, he then watches them go through his "stop loss" at 60p and he's still hanging on.

The lower it goes the madder the blustering, overbearing, foul mouthed oaf gets.
Can't control itself now.

It's becoming hilarious if he wasn't such brainless clown.