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haha ..I think the BOD have been reading our frustrations and at last we have ..not just ONE RNS ..But TWO !!!
"constant product innovation" is good and essential....but..at the end of the day...you have to be able to SELL them ...and that clearly appears to be a stumbling block
Well...6 months after the blah blah to get the shareholders to invest in the fund raise ...they have announced what?
..a new bike spray and some new sealant ...wow!
Those 60 Reps must seriously be chasing their tails with all those "opportunities" with an achievement rate of NOTHING
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"The pipeline of opportunities has grown substantially"
"There are now over 60 representatives across the Company's own sales team and various third-party distributors focused on selling the Company's products"
"the Company is well positioned to deliver on its broad pipeline of opportunities for the use of GNPs in real applications.
The Board believes that the Company has the product range to accelerate the Group's commercial momentum"
Not sure we deserve it but maybe just for stupidity, company does for sure.
I bought a few more recently and then sold at a small profit and now last week got a few more, am thinking that might not have been such a good idea.
Still surely if anything at all happens will be good for share price, unless it's worse, god!
I just don't know why I am mucking about with this junk.
I’m not happy about it but the SP is fully reflective of this BOD’s continual lack of dynamism and commercial savvy. Been like this for years. Worst investment I’ve made.
Had my first emailed AGM newsletter. Was mainly about Euro's and a little on coatings and car detailing potentials.
Nothing to go on as to where we might be heading in fact no news really at all.
None of the pipeline seems to have been achieved since placing or have I missed something?
Hi Pokerchips , Yes, agree the IP is the golden nugget, without this no buyer would be interested.
Other important factors are scalability of all products and memberships to Graphene Council, Nanotechnology Industries Association (NIA) & ECHA, the European Chemical Agency.
This demonstrates that various bodies accept the technology and AGM into the important gRphene arena.
The contracts that are being build up and partnerships could also benefit any deal massively as this shows that the products are wanted
One thing to note with AGM is that the company only leasing space at the Wilton Centre, it is a privately owned business and science park with office laboratory and pilot plant accommodation. It owns no office premises or even a manufacturing plant this is to keep all costs down to allow an easy sale of the company.
Also the company has no debt and cash in the bank.
Only need to TUPE over the experienced employees that will help future business and release all deadwood management ie non execute chairman and directors.
I have continued to buy these shares for over 2 years on the basis that the company will be sold and that is always a big uplift on the share price of the day. A telecom company I work for did exactly the same, have the right business model, no debt or big costs with premises and quick sale.
Dazpink
Thanks for sharing your thoughts..... I agree that a sale of the company would be the right path..or ...at least ..the joining two smaller companies together to make one medium sized bigger one for cost synergies and better sales potential of the two together ..
...but...the question with any American bidder is ...do they really have to offer what it is potentially worth.?...
AGM would not be in too much of a bargaining position....cost of sales are way,way higher than the sales themselves of course and they are still having to seek funding ..even if the next one wont be for 12-18 months ..that is all a known-known of course
The IP is the value...but how does a tiddler like this ensure they get the value of what it is worth and not be forced to accept what the buyer will walk away as seeing as a "bargain" ?
What we really need is for this IP to stay in British hands and have someone from the UK to pay more of what its worth is... or as I suggest the joining of two to make one ..better able to then compete and save costs ???
The increased share price over the past couple of days has been encouraging but nothing to do with any news, I see bigger things at play here.
My guess is that sooner rather than later we will see AGM sold to a large American company.
One such company that comes to my mind is PPG, revenue over $15 billion a year is the largest in the world and has made various acquisitions over the past few years, taking over small specialized companies who have done all the leg work in brining products to market.
This would be small change to them, Adrian and his team would receive generous payoffs all a winner.
CEO Adrian worked within Cytec Industrial Materials as Global Business Development Director and President of its process materials business in California and as President of Umeco Structural Materials Inc in Oklahoma and lives in the USA.
In my opinion he is focusing on America for a sale, he is committed to raising the profile of AGM and focus on selling the company.
Adrian and his team brought in Edison Investment Research to allow them to reach out to potential suitors.
He is due to present at the American Coatings Association later this month on the 29th
Adrian will deliver AGM’s latest technical presentation focusing on the formulation of graphene dispersions for water-based coatings and their anti-corrosion benefits.
All this is for one purpose to encourage potential buyers to see how far AGM have come in the 10 years since starting.
In early 2020, AGM began Streamlining manufacturing operations to focus on dispersion capabilities. Adrian has made sure this has happened and that all the pieces in the jigsaw are in place with distribution centres in place and sales team to deal with order as well as quality products backed up with hard facts/spec sheets.
The Graphene Council predicts that the most successful graphene manufacturers will pursue at least some level of vertical integration, offering not only graphene powder, but value-added intermediary products and, in some cases, fully integrated solutions. Those companies that invest in market development/sales efforts, particularly close customer engagement, co-development and education efforts, will convert interest into demand.
This is exactly what AGM have been doing over the past 12-24 months, they are not bothered about the current share price it is irrelevant, the bigger picture is all that is the target.
The business is fully funded with only a limited amount of shares on the market, a large percentage with Major investors such as Hargreaves Lansdown Stockbrokers, IP Group & Herald Investment Management as well as others.
All will cash in if a decent offer comes in this year.
So now news = poor SP eh? Explain today. What is the news everyone has missed?
Long way to go but i agree AGM are ahead of their time but the last 10 years of innovation has reached a inflection point imho and would argue we are bridging the chasm to wider market adoption. As soon as one competitor edges an advantage all other competitors rush to keep up. I sense this is what is occurring as the coatings market for Graphene is significant. The slow process is partly because AGM are not bringing their own products to market but partnering and of course that makes a lot of sense but is also risky as you rely on third parties for marketing and sales. I can see AGM being bought ultimately by a paint behemoth simply to keep the tech for themselves and we will see. Would be nice to start to see bigger revenue figures brewing and move to bigger volumes.
brighterlater,
Personally I think the IP is ahead of the market in which it is trying to sell it ....they actually have the know how ..before the market has been ready to take it on board and use it ......companies developed cloud technology way before the world moved their data etc into the cloud .... Amazon developed internet shopping well ahead of when the world realised they wanted it....
It is a case of when the moment arrives when the industrial world realises it needs the technology and know-how that AGM has built up...and habits change ... same old..same old ...I guess
... but they've still got a long way to go. This BOD has decimated shareholder value - I've been in for years with an average of 250p and never once, since the slide began, felt confident this lot had a proper handle on driving revenue. To be fair, I should have cut my loses way earlier but for whatever reason, I didn't. Lesson learned. There's no point selling now, I shall just sit and watch. And wait. Who knows, might get a nice surprise.
Last week I e-mailed David Blain (CFO) to enquire about the current situation and the declining share price since the funding, his reply was:-
Clearly we are aware of the situation regarding the share price and will issue newsflow as and when it becomes available.
No news just hoping AGM produce something exceptional soon, it is a joke how companies can raise the funding quickly without producing detailed information to investors on a regular basis.
Just pleased my primary bid application was cut back so much. Turned into a real dawg.
What's the sale forcast for selling to retail like Halfords plc
What's the sale forcast for selling to retail lije Halfords plc
Another week of lack of positive news and declining share price, how low will this go.
Just looked on AGM website, AGM’S CEO PRESENTS AT 2021 COATINGS-TECH CONFERENCE, is this really exciting news, I don’t think it is.
MCAP now £18m ( with £5.5 million net cash fund raise from February )
How much does anyone think the "Graphene REACH registration consortium" membership is now worth ??
...given the huge investment of time (4 years ) and cost that went into the obtaining the EU regulator ECHA volume threshold of 1 to 10 tonnes of powder usage per annum of graphene products for consortium members
Is it to keep the price up so you can get rid of your £30k or so of shares?
Though worth it to the likes of me, is it to someone you can employ a bot.
The price difference you'd guess would be fairly marginal.
Is it legal, ethical you'd think not!
Am I overthinking this, there must be a reason!
But why? They must be programmed to do this for a reason? Is it to increase price, or something else and who would be behind them?
Any suggestions?
It means the algo bots are running ...yet again...
totalling less that £350. What does it mean when this sort of thing happens?
Sells not much bigger either!
The management team seem to only focus on products launches that make very little difference to the shareprice or value of the company. At the moment AGM are happy to just have marketing and exposure of small partnership deals, this allows them to manage very small quantities of graphene to keep going.
Is AGM capable of securing large commercial partnerships that would demand more graphene. At the moment are very few workers at AGM small company with limited potential.
Always promising but as of yet not delivered.
" Management estimates that the funds raised extend the company’s cash runway from October 2021 well into calendar 2023, enabling it to convert the current opportunity pipeline into meaningful annual revenues during the period "
the placing was sold on the belief that there were indeed many opportunities in the pipeline ...could be classed as extremely misleading if indeed little materialises
surely "something" has to come through to get the ball rolling
Quote in the US OTC Market
https://www.otcmarkets.com/stock/APGMF/quote