Versarien Share Discussion Threads

[zydecoco] 14/12/2024 14:41

Have a good weekend BlueM

[wheeze] 14/12/2024 14:36

I'm entirely sure you are not short zydecocoNo dispute that shareholders have lost heavily. Any thoughts why Richard and Christine Jones would take a 7% stake here ?Best wishesWheeze

[the cronk] 14/12/2024 14:12

PW,

This investing upstart doesn't like EBITDA very much!

hxxps://www.wallstreetprep.com/knowledge/warren-buffett-ebitda/



"EBITDA, unlike metrics such as operating income (EBIT) and net income, is a non-GAAP metric that is affected by management discretion on which items to add back or deduct.

For example, many companies nowadays claim to become profitable, but only on an adjusted EBITDA basis (which is often inclusive of many subjective adjustments).

The reason these issues matter is that EBITDA removes real expenses that a company must actually spend capital on – e.g. interest expense, taxes, depreciation, and amortization.

As a result, using EBITDA as a standalone profitability metric can be misleading, especially for capital-intensive companies."


I guess it's the subjectivity of the adjustments that management can make that appeals to companies that like to quote EBITDA.

Warren's a more old fashioned accountant type who likes to see the complete picture with none of the nasties conveniently removed.

Still, what does he know?


"The point is not that EBITDA is a flawed measure of profitability that should not be used, but rather, it is important to be aware of the metric’s shortcomings.

To summarize, EBITDA can make unprofitable companies appear profitable since EBITDA ignores depreciation and amortization as well as interest and taxes."

[bbmsionlypostafter mk2] 14/12/2024 14:07

Is it actually possible to short VRS when the share price has collapsed to virtually nothing?

Could one of you rampers please post a link to the shorting opportunities you are talking about?

Incidentally, I think one would have to be insane to short VRS, if it is even possible. The calibre of investors here could easily drive the share price up hundreds of % based on nothing but a frothy rumour & the ensuing ramp. They done it before on Ricketts' & superg's hot air.

I sill wouldn't touch VRS with a bargepole, a view the mgmt seems to share with me as IIRC not one of them has bought any at these giveaway prices.

[bluemango] 14/12/2024 13:49

#19795 The assumption is in the 'most probably' and 'very likely'

Bored now, I'll leave you to it for rest of the day. It's the weekend!

[zydecoco] 14/12/2024 13:41

Wheeze - for info. I have never shorted a stock and never will.

[zydecoco] 14/12/2024 13:40

BlueM, I posted "VRS has destroyed shareholder value and diluted shareholders relentlessly and in great magnitudes. it will most probably and very likely continue to do so."that statement is not an assumption.

[pwhite73] 14/12/2024 13:10

Festario - 19781 - "I was, between 2017 and early 2019, but I saw through the scam even while the share price was around 160p. More fool me for hanging on until around 100p before being fully out."

Festario - 19788 - "I made between £200k and £300k, but I’m angry with myself that I didn’t take over a million profit when it was dangled in front of me."

Versarian share price peaked at 186p in September 2018.



If you made between £200k - £300k in the two years 2017 - 2019 with the last sale at 100p you could not have made over million even if you sold everything at the absolute peak of 186p. This is because 186p is only 86% higher than your lowest sale at 100p yet you claim to have lost profits between 300% and 500% higher.

I've told you before Festario you are not in my class and I mean it.

[wheeze] 14/12/2024 13:00

Nicely put bluemango. Anyone considering placing a short would do well to remember those famous words of Dirty Harry.... Do you feel lucky, punk ?

[bluemango] 14/12/2024 12:56

Talking of assumptions:

"VRS has destroyed shareholder value and diluted shareholders relentlessly and in great magnitudes"

Very true, as you state. Nobody is disputing that.

The erroneous assumption is that this will continue until ultimate failure. But the truth is; at some juncture, they could gain commercial traction and actually, eventually, show significantly increased value from these levels.

Be warned.

[zydecoco] 14/12/2024 12:43

It is absolutely amazing to me how those who are supporting their investment and views of VRS to be positive are doing so with a miriad of assumptions as to why those people who are posting their views to warn others of the plain truths about VRS.The truth is only h simpler but hurts which is why they seek these assumptions.VRS has destroyed shareholder value and diluted shareholders relentlessly and in great magnitudes. it will most probably and very likely continue to do so. Be warned.

[festario] 14/12/2024 12:33

Also, please stop your efforts of psychoanalysis, you honestly have no clue what you are talking about.The world is a very black and white place to you, yet in reality it is nothing of the sort. This is partly why you continue to lose money.

[bluemango] 14/12/2024 12:29

Agreed PW, a more plausible reason for many of them here, than my suggestion.

[pwhite73] 14/12/2024 12:15

Festario - "What about those of us who MADE money, but still enjoy posting here for the fun of it?"

PWhite73 - "So long as Versarien is trading as a listed company there is no closure for those who have lost money and those who's profits have been dented by a prolonged investment."

'MADE money' can be as little as £1.00 but if you were £10k up at one point you can be as embittered perhaps even more so than someone who lost £500. That's the fun that you're having, its one of revenge for lost profits.

[festario] 14/12/2024 12:07

What about those of us who MADE money, but still enjoy posting here for the fun of it? Honestly PWhite, you are the most misplaced conceited individual I've ever come across. You are perpetually WRONG, yet still feel you can lecture others.

[pwhite73] 14/12/2024 11:53

Those who were once invested here continue to post because of what is termed as 'closure'.

In the US when someone is murdered the family of the murdered victim do not have closure until the murderer is executed. So long as the murderer is alive he/she is the last person to have seen their loved one alive.

So long as Versarien is trading as a listed company there is no closure for those who have lost money and those who's profits have been dented by a prolonged investment.

Only when Versarien is delisted from the London Stock Exchange can previous investors or disgruntled interested parties claim closure.

What I have just explained is not a new phenomena. It is one of but not the only reason why retail investors continue to post on a thread long after sometimes years after they have sold out. THE COMPANY MUST DIE.

[festario] 14/12/2024 11:44

Ha ha ha... how can you short something that is already so close to ZERO? It's collapsed by 99.99% since I escaped. You utter FOOLS.

[bluemango] 14/12/2024 11:42

neilll77 - they post incessantly because they currently have open short positions on vrs and don't have the courage of their convictions to just see how it pans out. Either that, or they're just rather sad individuals.

Without all of them posting incessantly (and the occasional patient rebuttal) this would actually be a quiet thread.

Just quietly think of the eventual schadenfreude.

[pwhite73] 14/12/2024 11:08

neilll77 - "Morning pwhite73 Is the cash burn of 128k a definite figure as of March 2024."

Its at 4:18 on the webinar.

[zydecoco] 14/12/2024 11:01

Neilll, a weird set of assumptions you have there, that anyone not invested but posting to point out the truth and warn others against a share which has a history of decline and shareholder value destruction and dilution, has:1. No money, &2. Enjoys seeing others lose.You are wrong in both counts about myself.I hope those assumptions are not fuelling and supporting your belief in VRS. The truth may hurt you but is often the simplest solution.

[bbmsionlypostafter mk2] 14/12/2024 10:55

8 times. Thought you were away with the family.

I'm sure he'll correct me if I'm wrong but I believe festario was heavily invested in VRS several YEARS before you even signed up to ADVFN.

[neilll77] 14/12/2024 10:52

I'm Invested is my point, I'm not some troll who has no money and enjoys trying to see others lose