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Another no news day and further drift. Getting a bit sick of this tbh.
Where are the order ?
No I’m not bothered or even sweating it. We know that when we do get news it will raise back.
In fact we dropped to 9p the day before we got the last news. This might be a sign news is around the corner.
nealsp, I think we have been promising ourselves that for a while,
Had the interims not been so drab followed by a news vacuum we could have been sitting at around the 15p mark.
The ADVFN discussion board has been trashed due to TW shorting crew and personally VDTK need to respond now with some contracts, updates and real positive news to shut this behaviour down. It is, what anyone thinks, having an affect on the SP and I personally care about nothing else than that.
Its one statement to grow a world class business but it must now be demonstrated by action.
We are still in the early days of this. I personally don’t have an issue or concern of past problems and TW.
It was honestly rectified and dealt with ASAP.
For short term this isn’t good movement. Long term holding will show real value IMO
Yep, I agree. Surprising lack of news of late. Are they doing nothing at all? What is the point ramping up the factory output when there have beem no more published deals. If big contracts take a longer time to negotiate tell us about progress on other stuff, please.
Remember, the fact they have not told us about contracts, does not mean they have not happened. This then brings you into "are they required to RNS on a contract" which was discussed a few days ago.
Sophie. They can't tell us about every sale they make. Some will be insignificant but the sum total of sales in respect of Mw sold to date would be interesting.
I can only imagine that they are working on a number of larger orders as indicated, whilst the smaller sales are still important, and add up, the target market is significantly large and will take some time to start closing on the pipeline generated.
It feels close. I get up everyday and check for the RNS. Its amazing how a 45% drop in SP changes your perception and level of confidence. Nothing fundamental has changed and perhaps the end of the news vacuum is just around the corner. 10.5p to buy may be looked as a gift in a few days.
As they say 'fortune favours the brave'
Sure has been a bleak few weeks Bananaman. As you say nothing has changed but certain people have used the gap in news to trash the sp.
Can you summarise please for non Twitter users like me?
Actually, don't bother, I see it's a promo you have posted 289 times....
RNS tomorrow... what do you think?
I have a spider sense :)
I wake every morning, go through the list. Havent had a meaningful RNS on any of my holdings since the 1st September.
Law of averages suggests that VDTK must have something for us, if not tomorrow, by the end of next week. Transformational flurry is now required having got the drab interims out the way in which was an anticlimactic RNS.
Free cash flows by end of 2020 suggests that we are due news of orders to get us across the line.
I think your spider sense maybe twitching in anticipation. Maybe its just a little sensitive. I would not say no to news tomorrow though.
Another disappointing start to the week.
The company desperately needs to provide a positive update as we are back in the single digits. It shot up to 18p and we are now half that to £28m market capitalisation.
BOD need to sort out their communication here.
Amz_ ...... What exactly would you like them to say ?
Sophie - you’re spot on!
Even a simple RNS saying that we are still trading despite Covid would assure shareholders that all is well, and possibly reverse this downward trend.
I’d like an update on what orders they’re securing and what’s in the pipeline for the remaining year, and projection forecast for next year.
Even if it’s a repetition of a previous RNS, having it reiterated again would definitely be a positive thing.
The problem they have, is that they created an expectation that we would have news on a regular basis. This I know they are regretting. Unfortunately we are now at the stage where we have gone beyond a "lack of news" to a perceived concern about what's happening. I don't for one minute think there is a problem, but a perceived one can be even worse.
Verditek, we do now need an RNS to settle the market.
Don't you think that would put the fear of God into many...... "Don't worry chaps, yes, we're still trading" It smacks of desperation. With the "idiot" casting aspersions from afar, can you imagine his glee when he saw that sentence. He'd be in his element.
The fundamentals probably haven't changed since you invested. The trials are confirmed as going ahead, the Paragraf webinar confirmed that there is work ongoing to develop the graphene integrated SPV's, we've had some large orders and huge potential to supply miners and oilies with solar PV's, the overhead is low given that the sales staff are on commission only basis and the whole market is taking a battering today. NOW is the time to top up to help support the SP. It's F difficult, I know, and there is no advice given here, but I am increasing my holding..... armed with the knowledge that nothing has changed. There could be a hundred small orders being dispatched as we speak, but not RNS'able due too not being material in their own right. It costs the company to issue a RNS; why waste the cash ?
The Twitter feed is very busy with articles and snippets every day, perhaps join and take a look to calm the nerves. I do post the links here, but you'll need to join to see them.
Anyway, each to their own of course............ And Good luck.
More TW articles over the weekend probably haven't helped a great deal either TBH.
I wish I had some more money to add here, because any positive news would cause a big jump north again...
shedjok,
Yes you are correct, but I think the correctly worded RNS would settle the market until we can have something concrete. Perhaps not written by RR. I think he is doing an excellent job, but PR is not his baby and it would be best written by an expert.
A COVID19 trading update that confirms they have received a number of non materials orders (individually do not need to be RNS'd) to a total of x MW. Since June VDTK have now received orders of x MW and maintain the position of having free cash flows by end of 2020. We continue to work with major organisations in the oil and gas, mining and marine sectors and WILL update the market of these in due course.
Something to reflect some progress and demonstrate their efforts would be nice. A positive trading up date as the interim was rubbish really. Gave us nothing.
I have to admit that the recent SP fall has been more than a tad disappointing. I haven't sold any shares and see the current SP as a great entry point. It's now back to the Aug 2017 IPO price yet it is in a vastly improved position in terms of management, strategy, a focussed sales team, product validation, their Lainate factory coming on line, explosive global demand and progress on the Paragraf JDP which could see a significant update on commercialisation of graphene integrated SPVs in the coming months.
I believe that Cov19 is a significant factor leading to a delay in order announcements rather than any issues with VDTK's product. Black Tulip Minerals are a small but significant customer - their feedback on VDTK has been extremely positive and I believe they may be accelerating expansion from 50tpd to 300tpd which could result in €1m in additional orders for VDTK.
Patience is the name of the game at this point of VDTK's development imo. Rob Richards is sticking to his guns on VDTK reaching cashflow break even by YE2020. That implies a number of new order announcements in 4Q2020 which will hopefully lead to an SP rerate.