Versarien Share Discussion Threads

[fuji99] 16/5/2024 14:26

30/09/2013 10:30am
RNS Non-Regulatory

Versarien PLC

30 September 2013


Press Release 30 September 2013 ------ Shall we change the date to 17/05/2024 per chance ?

Versarien plc

("Versarien" or the "Group" or the "Company")

Versarien Launches its First Ever Water-Cooled PC

Award-winning British start-up enters high-performance computing market

Versarien plc (AIM: VRS), the advanced engineering materials group, announces the introduction of its own brand of advanced computer platforms with cutting-edge functionality driven by innovative proprietary technology. The Cinderford-headquartered company is now delivering on plans to introduce a product line of world-class, water-cooled PCs.

The VersarienPC family will be differentiated from the competition through significant operational advantages in comparison to conventional fan-cooled products. These include greater processing power, higher reliability and quieter running. The initial offering -the VPC Type-001 - delivers speeds of up to 4.6GHz through a state-of-the-art Intel(R) Core(TM) microprocessor. A full spec is available at: www.versarien.com/VersarienPC

Thanks to the success of its innovative VersarienCu heat transfer material (which is up to 10x more effective than conventional heat removal systems), Versarien is forecast to have a disruptive impact on modern PC architecture. It has gained a great deal of industry acclaim - receiving a series of high-profile accolades (such as the UKTI Start-Up Games Winner and Conservative Party Start-Up Hub Winner, as well as MWP Advanced Manufacturing and HP Smart Business Awards). The fledgling company's rapid progress was made clear when, in June this year, it floated on the AIM submarket of the London Stock Exchange. Building on these achievements, the Group is now keen to expand upon its admission to AIM by serving the computer sector.

"The release of the VersarienPC range represents an exciting new phase in the Company's progression," states Neill Ricketts, CEO and Founder of Versarien plc. "With these products we can show the effectiveness of our pioneering thermal management technology and its ability to boost performance while simultaneously extending operational lifespan. This means we can provide the market with computers that are more powerful, longer lasting and less noisy, and at their core rely on home-grown British engineering expertise."

- Ends -

[festario] 16/5/2024 14:24

The subject might be closed? Lol

[dil 21] 16/5/2024 14:23

Oh look PW seems to be ignoring my question what a suprise.

A simple yes or no answer and he’s stuck !

[fuji99] 16/5/2024 14:15

How does one define a company that drops every day in a non-stop mode for the last 2 years ? For instance, today, the increment is -0.0005p = -5p divided by 10.000 ! What is this exactly ? Easy to see the "turnaround adventure" is working pretty well.

[pwhite73] 16/5/2024 13:13

The year end accounts for the mature businesses have now been filed at Companies House as of 14/05/2024. Any prospective buyer would have needed to see these before purchase. Hopefully the sale of the mature businesses are not too far away now.

[festario] 16/5/2024 12:28

He's good at closing subjects, when the argument goes against him. It's like being married.

[zydecoco] 16/5/2024 12:13

Agree.Something is awry, with either the TAM being over-egged, &/or VRS being under-able.

[dil 21] 16/5/2024 11:03

Here’s a simple question for you PW.

Did you suggest I buy at 0.33p and suggest the price would not fall below 0.28p ?

[snaffleclamp] 16/5/2024 10:59

Why the fu*k is VRS on the list in the first place should be the first question

[pwhite73] 16/5/2024 09:52

SB - VRS do not have the economy of scale to make a push into the graphene market. Their market cap is only £1.4 million. Once VRS sell the mature businesses they will be down to 22 highly skilled technicians. What VRS are in the process of doing is selling their IP on a licensing and royalty basis. That is how they plan to become a profitable commercial concern not by running a factory that produces a 100 tons of graphene per month.

As the graphene market expands annually at a growth rate of 20% larger players backed by billions of dollars will come looking for VRS requesting use of its IP and technical know-how. This is why it's important at this stage VRS attends conferences, exhibitions etc to get its face known.

That is the plan and so far it appears to be working.

[sparkling banana] 16/5/2024 09:36

Zydecoco, PW, regardless of who is Jedi master and Padawan, the real discussion should be how believable the revenue numbers are in those reports. Who is making and selling all the graphene that is supposedly making half a billion dollars already, and why is it not readily apparent in the market or accounts that we can see? Because if the numbers are already that size then VRS is doing something very wrong.

[pwhite73] 16/5/2024 09:09

sj - Thank you.

[smokeyjohnson] 16/5/2024 08:54

On the CAGR point. From an etmoney article explaining CAGR:

"For example, if you invested Rs 1,000 in a particular mutual fund, it grew at a CAGR of 10% over five years. It means that, on average, your investment would have increased by 10% each year."

So a CAGR of 20.5% over a 6 year period is 20.5% CAGR on average for each of the 6 years.

[zydecoco] 16/5/2024 08:30

PW, Stop obfuscating and let's get this clear. The TAM for Graphene, by that report, is set to grow by just 3.2% on average per year over the next 6 years (which is what I said).The current TAM is very small and so the market is still at its very early (pre-toddler) stages.This is insufficient to power VRS (and its share price) to any meaningful level, even if 1. they can get a decent share of the TAM and 2. make any money from it - both of which VRS have a track record of being very bad at.

[pwhite73] 15/5/2024 23:10

zydecokehead - Read what the link says.

"Global Graphene Market size is estimated to grow at a CAGR of around 20.5% during the forecast period 2024-30."

CAGR is an abbreviation for Compound Annual Growth Rate.

[zydecoco] 15/5/2024 22:42

PW, strewth! You posted "zydecoco - "That CAGR growth rate equates to just 3.2% per year."It equates to 20.5% for each year."You are a complete idiot, it absolutely equates to 3.2% for each year. These are basics man, basics!

[supernumerary] 15/5/2024 19:48

PW - you won't stand for it? So what are you going to do? Throw your dummy out the pram?

Poor old PW still hasn't grasped the basics of the business model here. VRS makes a little graphene and donates it to good causes. They support two old and ailing businesses, thus keeping employees in work. They take taxpayers' money and transfer it to those who are struggling in this cost of living crisis eg the board of directors, and thereby make life easier for the needy.

In other words, it's not a failing business, but a successful charitable enterprise. I see an OBE coming up for someone...

[bbmsionlypostafter mk2] 15/5/2024 18:43

Fest,

As I've said before, PW has previous for not answering hard questions. Why don't you ask him the same question I asked?

I look forward to his latest evasions.

[festario] 15/5/2024 17:23

PWhite, why do you evade BBMs simple question?

[zydecoco] 15/5/2024 16:56

PW, I am always here to help and guide you too.Yours is a wrong definition of CAGR. Compund - the clue is in the title. The 6th root of 1.205 is 1.0315. 1.0315 -1 is 0.3515. 0.315 x 100 = 3.15 per cent. Https://www.investopedia.com/terms/c/cagr.aspTo calculate the CAGR of an investment:Divide the value of an investment at the end of the period by its value at the beginning of that period.Raise the result to an exponent of one divided by the number of years.Subtract one from the subsequent result.Multiply by 100 to convert the answer into a percentage.

[pwhite73] 15/5/2024 16:05

zydecoco - "That CAGR growth rate equates to just 3.2% per year."

It equates to 20.5% for each year.



"For example, if you invested Rs 1,000 in a particular mutual fund, it grew at a CAGR of 10% over five years. It means that, on average, your investment would have increased by 10% each year. However, the actual growth in each year may vary. In the first year, it could be 8%, in the second year, it could be 12%, and so on."

I hope that helps. I'm always willing and available to guide.

[zydecoco] 15/5/2024 15:50

(I clearly should have been less subtle)