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Yep, already got a good holding, but if it drops to below my average of 36 I’ll add another couple of k.
Can't believe my luck especially as morningstars fair value is showing 56 today incredible value
back to 70 pence in no time. Great upside.
Bounce coming
I am in. Looking for new partnerships and deals being announced shortly. With take-over not far away in multiples of this price.. GL
Thanks Nezlob. It's an odd movement in the share price this week. You'd have had to buy pre December to be selling at a profit here at this price. There isn't any bad news, only at worst, no news at the moment. So unless someone knows something, the drop is only retail at the moment. It only requires an RNS for this to pop back up, so I'm going to hang on here. And with the funding in place, and the "119 engagements" (essentially AGM with companies working out a way graphene can by used in their product to make it better), it feels inevitable there's some good news around the corner. I've bought other stock and made money on far less in the past. Good luck buddy.
Wow can't spell two, what is happening to me!
You know Takayama I don't know the answer to this. I got my £1000 worth of AGM largely becuase of Primary Bid. I had opened an account with them as I had missed the chance to take up some of a placement one of my fav holdings Ricardo did with them. I then thought I'll pick something out and try the system. That was AGM, maybe because it was Graphene and that rung a bell from the past, vaguely wonder material invented by some guys at Manchester uni (I haven't even checked that as a fact so it might be rubbish). Anyway I order my £1k dip in and got a couple of hundred quids worth. So I bought some more when it dipped a week or two back. I still hadn't done any research, I often don't but usually know something more that just a "magic material". Anyway my gut is telling me I have made a mistake here, I will hang in and see at least for a while and be happy to take a break even if I have to. I might average down but will need something more than I've seen so far to make me do that (but as I said I haven't been looking). I have to questions for myself and maybe anyone here. Graphene was a wonder breakthrough what 10 years or so back, is it still cutting edge, that it can make a successful company? The other question why 119 active engagemments is that not just an odd thing top sell to shareholders, where does it stem from, to me 119 is nearly 120 or well over 100 I would never bother with 119 and what is an active engagement? Sorry this is not an answer for you.
I haven't visited the Wilton science park myself. It looks impressive. It's still a small company. But it claims that it "has developed high volume synthesis production technology for a range of graphene nanoplatelets (A-GNPs) via a proprietary bottom-up process." It's getting contracts in place. It's built an impressive worldwide sales/distribution network (inc South Korea). Also, a couple of things: It was one of three founding members of the REACH Graphene Consortium. Also, this consortium was instrumental in getting the EU ECHA to approve volume quantity use (1 to 10 tonnes) of graphene materials in the range of applications which consortium members. Thus it feels safe to conclude they have scalability and have just successfully persuaded the EU to create legislation to allow the scalability they are after. If it is just a workshop in Redcar, they have pretty damned impressive ambition and drive! I've seen many fundraisings and the key is what exactly is the fundraising going to be used for. Here, it feels that with "119 active engagement", the fundraising is going to be used to bring these to contract fruition. Seems like a good plan to me. And with no more fund raising for two years, we have enough time to come to a conclusion as to whether it was a waste of time. But my money is on another RNS coming pretty soon.
My worry is - do they have scalability? Or is it just a workshop in Redcar relying on endless placings.
Any thoughts?
Dan
Thanks Codney. I'm pursuing two strands - some LT investments, some ST. I've a friend who is a professor in material science and had a chat with him yesterday evening about AGM. Nothing he said put me off (he didn't know AGM personally, but understood the science - it was he who said commercialisation of the produce would revolutionise the world in the way the internet has done), and I think it's the commercialisation of the product, and AGM's position in the industry which was the tipping point (in favour) for me. In terms of contract announcements, they're obviously hard to predict, but with "119 active engagements", it's hard not to believe that there won't be any RNS in the next six months. If I were to call the bottom of the market, I'd call it here. At 40-42p. The only way is up from what I can see. Why would anyone sell now below the open offer (the only drag down on price, and it's done and dusted, which can only be good as far as I can see) unless they were desperate for the cash? The trend is upwards, and can only continue to be so. Happy to be pulled apart though! Bring it on!
a week late, thanks Barclays.
I'm only investing in graphene companies for the future, short term gains can be made if you catch the right timing with a new contract announcement, but the real gains are from sitting back and letting graphene do its thing over the next decade or so!
Jump in if you believe in the tech. I've spread across a few companies, of which I wont mention on this board ha ha. We will all be laughing at some point :)
Looking at this company over the weekend, I'm finding it hard to understand what the bad news is? I can see a fundraising hit the rise in SP as investors realised they could get shares at a cheaper price, so banked profit. That's fine. The fundraising was successful (in fact over subscribed) and so AGM now has funding for at least two years to cover work necessary to commercialise a pipeline of "119 active engagements which it had at the end of November 2020. Management estimates that this opportunity pipeline, if fully realised, represents annualised revenues of £7.6m, or around £3m if a success-probability factor is applied." Ok, so if we take the lower end estimate of £3M, that's still a very healthy turnover for a £25M company, a leading company, in a sector which has the potential to revolutionise the world in the way the internet has done? So what have I missed? Is this a bargain or what?
nezlob - I use Eqi as well as AJ Bell. Similar experience iwth EqI. In addition, some times I can trade a share on Eqi but not on AJ Bell - at exactly the same time and exactly the same share. It's to do with depth of the commission between the platform and the MM. Larger depth (ie a greater % commission) means the price you pay with EqI is marginally more. But in my experience, it's worth it, especially when the price is moving quickly. You get to deal online more times than with AJ Bell. Anyway, I've come here to investigate. Not a holder yet.
I was one of the lucky ones that bought before the placing - AGM you cntttts
Crazy I bought back in at 47p a while back expecting it to settle at 50 ish post post placing : /
and i haven't even had access to the books incredible
No problem - i am still waiting for mine through HL. No rush to get them when the SP is at the placing price!
And you don't have to go through the hassle of having no real control of how many you purchase, and then waiting weeks for your reduced allocation to be tradeable. I like the idea of Primary Bid but am not sure it works all that well in the real world.
I meant to thank rumbled for his reply a few days ago but forgot in that last post, so thank you rumbled things did happen pretty much as you said, so good on you.
I got my shares on interactive investors Tuesday morning they were there. I have that account and run my wifes and daughters shares accounts on Equiniti and Hargreaves Lansdowne. ii are a bit off hand, but are always up to the minute with things and trading costs are super cheap. Eqi are more flash, but higher costs but are responsive and will even compensate when things are done badly. HL are expensive, not that comunicative, but do at least build up dividends to reinvest. The only one I chose was HL as they did a Junior ISA which I wanted for dqaughter originally. I arrived at ii through Motley Fool/Halifax and Eqi through Selftrade. My experience of HL is they are nothing special, Eqi have annoyed me but have been good at customer service, ii is the best but still have a couple of niggles. I probably will keep the family portfolio's split up, but may well move away from HL, possibly even Eqi but defo would keep ii. HL just seem rubbish at doing most things efficiently and this seems another case of that even though it did not involve my own AGM shares.
Amazing to be able to get shares at the placing price it's like somebody has filled the fruit machine up and left I've come along with a small token spun and about to win hopefully
Received mine on Tuesday. I’m on Aj Bell.
KR
ZA
would you care to elaborate?