The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi Riddler.
I do not like to post negatively. I am known for being overly bullish on most of my holdings. When things go sour I get stick because people have seen my links, I do try and post info rather than just the ups and downs of an sp.
When a ceo is so bullish on a deal date around the AGM was clearly stated on several occasions. I tend to give it 2 months before I get a strop on. Well todays rns is now a full change from doing the deal with BIGT to well the Gov either will not sanction it in its form or BIGT do not want the risk. Why the risk you may ask? Well if you are to pay up 15% of a companies value, why would you want to split the bet if you know its a winner ? They should be throwing money at vrs , not looking to seperate deals / companies to fund it ?
Many have looked at the sunshine side and posted that on here. My question is this is a material change from institutional funding from a prior specified interest BIGT to a non specific splitting up of investment to the requirement of several entities as yet named looking to fund us?
To me that most certainly was NOT what investors thought at 9am today !
Having announced this change, I am now worried.
I held GDL and lost a fortune £30 grand after the CFO answered my questions and suggested my money would be safe only two weeks later the Chinese NOC questioned the validity of the licence. China has cost me a lot and has again hit me hard as of today. I was comfortable with one BIGT investment plus derisking with AECOM, Tyre company, Concrete and Aviation deal and 18-24 months down the line Zap&Go and Gnanomat.
On the Gnanomat point. I was told to forget it last year as it was a couple of years away from production. Neill said batteries were a way off , yet within 12 months we are being fed Gnanomat is our saviour ? What about Zap&Go trials in Oslo for 350kw to 1.2MW charging of boats, lorries, buses and some high spec cars ?
Gnanomat were working with Maxwell Tech when Tesla bought Maxwell out basically for the dry graphene anode tech. So, why are Gnanomat looking at interest from other parties rather than bagging a Tesla deal.
One Tesla deal would blow the doors off Gnanomat and the VRS sp. Who are they looking at now ? Could well still be Tesla but I doubt they would want to share any tech they invested in? I wouldnt, I wpuld want exclusivity of supercapacitor if I was Tesla.
Imo one has to weigh up the balance. This is AIM, it’s the extremes. Look at the camps and decide which one is dominant at any given point in time coz imo that dictates the Sp. Let’s look.
1. My personal position, long term bullish on VRS, markets sht, last RNS did not indicate more news to prop sp was imminent. Make a decision, either sell....
2. or same camp, but hold, got a good average to ride this out or I see it as a buying opportunity to average down. So hold/buy
3. Sell, looking at the futures, is the sp more likely to go up or down. Down = sell.
4. Cheap, looking at the prospects and the deals pipelines, this could rocket at anytime. Buy/accumulate.
5. Sidelines, probably the most influential vector. A view of all the above but a decision that is yet to be made.
There are obviously many other permutations but I have just tried to articulate where we are at this juncture. And for balance one also has to read across to the macro and if that suddenly changed to the upside I’d be straight back in but currently my read is Vrs is being punished. So no other imminent news, (a guess), sht macro, awful markets and Vrs have just been caught in the cross hairs of a black swan.
Oh 6. Hold and hug, almost forgot. But don’t forget there are lots of stats that show doing nothing wins in the long run.
Gla.
Trek
l when with my gut feeling and sold most here and l don't mind saying l made a profit then l brought dicta for 48p only because they had sales and contracts lined up , l have been in to many good think that never produce 7 in total all hype and no sales , l call them pyramid builder for bods " look at KDNC now was worth loads on paper now under 4.5p with no hope of honoring there hype even now the bods are trying to keep the pyramid going, good luck l hope it works out for the lth,
Kalan. So are vrs the new Haydale ? The only news they put out is on LinkedIn lol. Even their own website is behind.
I actually want both to do well but vrs let expectations build and I would say neill on twitter positively threw lighter fuel over it for 18 months. NOMAD were not happy I hear, that is why he had his arse kicked and now can't say a thing.
Now it looks like he cant say anything its a big change and investors do not like quick change.
The real investors will wait it out for the good news.
Many will not be thanking him for his earlier excitement, christmas presents and tournaments.
Sorry if i seem naffed off, but I think its a carp rns that wasnt needed at all. Now its put the skuds under any sentiment just as Asia/world starts to hit pandemic fever.
Great timing .... not.
Maddog , I finally agree with that thought. Others are not just talking the talk and closing debate down.
what the rns says to me is that we are no were near seeing any sale to note for a long time if any " you must remember VRS is built on hype and science , production wise other companies are much more advanced and making sales in the sector ,if they don't start some sort of sale soon this share will end up with zilch 10p at best,
You got it spot on wisheyedbortum - the rns says loud and clear that PIs should stop expecting this to be an overnight success. It takes time to realise the gains that we all want. They are moving to 6 monthly updates as this is a slow moving process and PIs should get used to it. Those watching every day are wasting their time. BUY at a price you think fair and put away for 5 to 10 years in a share with great potential whose day has not arrived yet.
The move from 13p to £1.80 was ridiculous.
I have long thought the share started to get a little pricey above 25p and frothy above 40p.
Anyway - it dropped back down to 40p again today as expected and bounced again. Is the bounce over? Probably and not as big a bounce as last time. When the traders have lost the potential to buy the bottom and sell the top at a decent margin then we may see the share down at 25p. Who knows. What the rns says to me is yeah there is much potential but adjust your time frames if you are remaining invested.