Versarien Share Discussion Threads

[handygandhi] 30/1/2017 08:12

To find superg's FT article, simply Google the following:

small cap: manufacturing

[spike_1] 29/1/2017 20:55

Hi sg your 'post for viewing': no link - nothing - sorry ;0)

[spike_1] 29/1/2017 20:04

I was able to view the whole article, although only once. It talks about around 5 companies, and appears to have involved little if any research other than reading RNS's. It's mostly very basic facts relating to company valuations, profit / loss, and sp, and a little on what they are actually doing (almost no useful info' on VRS)

Versarian, doesn't come over at all impressively, but frankly none of them really do.

The article does make the point that these companies are taking time to realise commercial sales, and were mostly small cap and unprofitable.

So much for FT and research. It won't do much to put us in the spotlight - which works for me if it keeps traders and chancers away.

Best wishes - Mike

[obbig60] 29/1/2017 19:18

The above only seems to be available to subscribers SG.

[superg1] 28/1/2017 10:42

On many shares it's all about the charts but down in the lowly AIM low volume plays it's a different game.

I have no doubt that fund managers watch the bigger company charts like a hawk and react to the signals. The reason being they know that is exactly what a lot of others are doing too. That's how chart signals form it's those reacting to them that create them.

EG if there is a breakout up, the chart guys see that as a signal it's going to move up and is a buy signal, so they start to buy, demand is then higher than the supply and the share price goes up. It then hits resistance which they have all identified so they sell. They previous breakout then sits as their support so they buy and guess what happens.

Financial market events, world events or individual news can scupper the plan or enhance it.

That's plain old trading though not investing and there is no need to know what a company does.

Hence in the bigger market 100 or 1000's of traders are playing the game. The more there are the more certain the outcome is.

Then you have headless chicken events and imo they are often the best to watch for. Often news isn't that bad and near all don't understand that. What they do know is sentiment has shifted and at the bell folk are going to sell. Others are dithering waiting to see of folk sell. Selling starts and it proves the thought process so they sell too, then that triggers stop losses and margin calls.

Having watched many on bad news with big falls, the first turn is usually about 10 mins in but you need the sellers to be there in numbers. Auctions can slow it up but as soon as they trigger you know there is a lot of sell orders in play. They may trigger again and after about 30 mins you have a fair idea of the state of play.

Of course MMs can cause it all on their own, perhaps with a motive and knock the share price down pre open to guarantee stop losses triggered and start the trend.

Their double bad news hits are a bit of a con. A company announces profit warnings and gives an idea re figures a week before results. MMs crash the price, then generally on results day with the same news they crash it again on open.

[theklf] 28/1/2017 10:10

O/T re charts

I used to be dismissive of them but conversations with professional fund managers shows many of them do actually use them. They say a picture tells a thousand words and one chart can encapsulate a lot of price and volume action which an experienced fund manager can instantly analyse and compare to previous chart formations which may have been successful.

[superg1] 28/1/2017 09:05

In looking for things about Warwick and VRS I came across some bits I had not noted before.

EG it looks like Warwick linked up with VRS following crossing paths at an event.

"WMG’s initial contact with Versarien came at last year’s Cotswold Life Engineering, Manufacturing and Innovation Awards, which further highlights the benefits and positive outcomes which can arise from networking."

That would have been in 2015

and then picking on the comment in the Warwick news

"We anticipate that the MOU will enable us to collaborate on a number of projects with WMG."

May 16 after the WMG battery news.

Polymer Innovation Network event

The event was attended by over thirty local businesses and featured presentations from Dr Kathryn Beresford of the Autins Group, and WMG’s Professor Jay Bal. Local company Versarien plc, were also represented by Dr Kaylie Smith, Polymer Scientist, who provided a fascinating update on the work being conducted by her company in the area of graphene nanocomposites. This continued the developing partnership between WMG and Versarien following the signing of a Memorandum of Understanding to collaborate on the production of power storage devices such as batteries and supercapacitors using Versarien’s graphene nano platelets. Working with the SME team and battery specialists, Versarien will have access to WMG’s expertise and world leading facilities in the Energy Innovation Centre.


Polymer Innovation Network

The Polymer Innovation Network (PIN) is a unique networking group, managed by the WMG SME Group for the plastics industry and is based at the cutting edge International Institute for Product and Service Innovation.

[superg1] 28/1/2017 08:51

New facility



previous VRS news

Neill Ricketts, CEO of Versairen plc commented, "We are delighted to be working on this project with WMG and we look forward to developing a technologically advanced lithium battery that will have numerous applications in real life. The expertise in this field cultivated at WMG, University of Warwick, is second to none and the opportunity to be working alongside them is very exciting for Versarien as we look to maintain our position as one of the leading international experts in graphene production and its applications. We anticipate that the MOU will enable us to collaborate on a number of projects with WMG."

[superg1] 28/1/2017 08:50

I keep charts in mind Shavian but chart action is driven by those that follow them and react to them.

VRS stayed at 10p as there was a solid supply as PIs bought but when that supply dried up the share price started to rise. When it did a fund manager (probably on a bonus trip) sold a few 10p shares to cash in which knocked it back down again.

Charts tend to kick in once you have enough traders or chart folk to react to the signals.

EG I recall one poster here buying purely due to a chart signal. Now had there been enough chart signal buyers then the fund cash in seller may not have knocked the share price back. I assume that buyer sold when it started to go against the signal.

I've watched it long enough to know that when shares were tight it made big leaps in the share price on lower volumes than we see now. One such surge was during city presentations so that was just those listening some time back buying as they left presentations. It peaked out at 26p at the end of the presentations. I wanted to know what the surge was so did some digging


I suspect the VRS graphene story when it starts to fully unfold will be far more exciting and eye-catching than in the last year or two. Then add in the herd type have never looked at VRS and invested.

So if VRS can keep stacking it up behind the scenes it's going to be interesting.

[shavian] 27/1/2017 21:39

I don't think chartism is much use in a share like VRS, there is so little relevant history, and so little real volume, that any significant event is likely to turn the chart on its head. Stand by for such significant events with VRS!!

[superg1] 27/1/2017 18:32

They could always wait for 25p and a discounted fund raise with a 'told ya so'.

I've been looking here long enough to see what happened on modest volumes compared to other shares and it flew on the basis of shares being short and no supply.

However the matters mounting up are more eye-catching imo this time around. I sat and watched the strong rise and fall checking for why that was (and spotted it) but there was no-one to 'chat' to on the threads.

[luckyorange] 27/1/2017 17:07

It has moved above the 200 day MA so who knows where it will go from here, only needs a large supply to come in and scupper it. Although it wouldn't make sense to sell now there is no guarantees it won't happen.

However, there appear to be a few sitting on the sidelines waiting to jump in so at this point it becomes a gamble on how long they are prepared to wait?

I keep an eye on the charts quite simply because of the markets at the moment and the way that the mm's use them . Trying to predict which way an share price is going to go is a lottery but charts do aid in the decision making process.

[theklf] 27/1/2017 15:15

IF you believe in charts there looks to be a major downtrend channel about to be broken. Can lead to quite explosive moves. I agree that based on fundamentals 25p seems realistic value.

[superg1] 27/1/2017 14:41

ARRR off the offer now moved to 13p so it seems they don't have a supply. Next time volumes jump, perhaps news driven, we'll see how tight or not shares are then.

EDIT

ARRR have now moved onto the bid at 11.5p so just coincidence re their appearance it seems when City fianancial were cashing some 10p shares in

[superg1] 27/1/2017 13:08

Lucky

I understand Miton (Gervais Williams) likes VRS a lot, so in the future I wouldn't be surprised to see their holding go up if the circs are right.

[luckyorange] 27/1/2017 12:08

I was running through my mind what fair value for VRS would be at the present time, probably as we all have otherwise we would not be invested in it!

Without going into any detail I would suggest 25p as fair value at the moment with an eye to the future possibilities. AAC and the collaborations should underpin that and to achieve more (obviously we need to see that forward looking facts and figures)the graphene orders need to start rolling in.

Can't help feeling it would be there now if not for the insti's buying to sell but that is AIM for you.

Interestingly there can't be many large holders left other than Neill or Will, if anyone knows different could they please enlighten me ?

(I have been reminded that the AAC guys cannot sell until October at least, but I am beginning to feel that is very much in their favour considering the possibilities here and possibly there will be some door knocking at that time to snap them up).

[superg1] 27/1/2017 10:35

I've started to pay a bit more attention to twitter now after historically linking things by looking back.

One of Richard Branson's fave quotes is listed by the CEO in the last 24hrs

“Sometimes good things fall apart so better things can fall together.”

Noted. I'm thinking Carbide v the graphene business.

[superg1] 27/1/2017 09:44

Hey I found some real staff at AGM and one of those elusive production employees

Mark Newbold Production operator
Jo Clay Accounts administration
Tony Mullen Operations Technician
Tyrone Church Process Design Engineer
Laurence Head Process Development Chemist
George Williams Process Development Technician
Ross Weddell Dispersion Application Technician

That's 33 found so far. 9 to go.

F me no wonder mugs fell for it. I hadn't seen this before from 2013

Money from the listing will help fund an ambitious three-year development and research campaign by AGM chief executive Jon Mabbitt.

AGM will build a commercial plant on the site of a former ICI plant in Teesside, and plans to pump out eight tonnes of pure graphene per year for the next two years – a 700 per cent increase on its current output done using prototype equipment.

The goal is to produce 100 tonnes of graphene annually in three years’ time.

[superg1] 27/1/2017 09:29

Roger

Keep an eye on that one. ;-)

[rogerbridge] 27/1/2017 09:27

Today's issue of Moneyweek has a front cover and centre page article oon the wonder material graphine. Mentions NGI but nomention of VRS. It does tip Haydale, AGM and a few other companies. Airbus, RR, Samsung markets for carbon fibre, reinforced plastic, paints , lubricants and semiconductors. Have not digested the articl as I have to be out now.

[superg1] 27/1/2017 09:26

Spike

Absolutely unbelievable imo that they have so many senior posts. The VRS CEO needs a bigger case for his hats at the moment I suspect.

It can only be a fleecing of the market as it stands imo. It was supposed to be superior graphene and it's not.

EG that 2 weeks 24/7 production formed 3/4 of the revenue. That will have been at enhanced prices.

It worked out to about £56k worth x 26 for a full 24 hrs a day 365 and they hit £1.45 mill of sales in theory.

I doubt they have achieved a kg across a year let alone a tonne. It's up to them to sort it and prove otherwise.

Those staff gains have gone on in a period where the annual reports for 3 years state they have made no progress on production.

The money raised originally was to take the facility from 1 tonne to 8 tonnes. They recently announced they will expand capacity to 1.6 tonnes. The money needed for the bigger expansion has gone on salaries in that time which I have as around £6.5 mill so far on employee costs.

Note the hype is around expansion, yet they have not proved or advanced on production for the original 1 tonne unit.

It's about trying to justify WTF they spent all the money they had on. Salaries is the answer.

[spike_1] 27/1/2017 08:41

Excellent sg!

[superg1] 27/1/2017 08:34

OT

I made a comment on LSE about AGM and a few have asked me questions. Those that have known me long enough know that I share info I find and will always look at others in the sector I'm looking at.

Personally I think AGM is a dud full of managers filing their boots with insti cash via the stock market. Knowing a bit about graphene I thought their method would struggle. Sources not knowing my view then suggested the tech was not delivering and sure enough the 2016 annual report suggests that. Obviously they could turn it around and business progress often has nothing to do with the share price BS can do more for an share price than honesty.

I made a comment that about half the staff are managers or in senior positions hence the sky high wage bill. Someone then asked me on a site to show where I was getting such manager info from and justify the claim etc.

Here you go.

Mark Snell BDM
Kevin Yeomans Applications Development Manager
Ajay Tharakan Senior Process Engineer
Richard Akam Business Development Manager Europe/ Asia
Iwan Edwards Senior Process Engineer
David Brimble Process Engineering Manager
David Riley Project Manager
Brian Wailes Manufacturing Supervisor and H&S Officer
Peter Gannon Operations Director
Neil Hindle Engineering Director
Jed Bottomley IEng/MiMechE Project Development Manager
Adrain Potts Vice President Business Development
Lynn Chikosha Product Development Manager
Robert Sievert Process Engineering Manager
Nigel Blatherwick Commercial Director
Sheryl Dolan Financial Controller
William Weaver, as Technical Director,
Helen Hatcher, as the new Global Coatings Director
Kevin Jackson United States Business Development Manager.

Then you have the CEO, CFO, Chief scientific officer and 3 other BOD members.

The Annual report showed 42 staff. I may not have found all managers and senior roles yet but the above is 25 of them.

Salary costs are sure to be around the £3.5 mill mark now probably excluding the bonus system they have in place.

The average salary cost for all staff is coming out around £70k to £75k.

Revenue last year from sales was £70k.

I think VRS have 3 scientists, 1 BDM and 2 on production with the CEO chipping in on production if pushed (as on twitter)

So no I don't like AGM for various reasons