Member Info for JustJimmy

Trying to buy 1,650,000 now ......... partially completed and it's been 10/15 mins

First post in here, but yes, 50% rise after lunch yesterday, could easily see the same again today. You'd imagine next week will be very good again for shareholders regardless of when they bought in.

I don't think it's wise to consider a drop in share price as an actual loss in your money. The ups and downs are normal ......... a temporary loss is immaterial for an investor who is investing, the temporary loss is material to the trader or the gambler.

I've a nice few quid invested in VRS and am "down" but I'm confident that it'll be "up" again in the near future. I've sold and bought back in at various times but I'm still "down" on my investment, but it's an investment so I'm not bothered.

For comparison, look at two extremely different stocks, Tesla and Coca Cola......... ups and downs.

Ummmmmmmmmmm ........ dashing from VRS to Directa Plus ......... DP also iirc offers no dividend and is trading well off previous peaks that it might well never get close to again.
Versarien "In 2018/19 Versarien entered into many collaborations with global partners" ........ is very much a what might happen company but DP is more of a probably won't do much more going forward company.

Well, you have to take the results in the context of a company with effectively no commercial orders. They've spent cash setting that up ........ we are all expecting a return on that investment, it hasn't happened in 2019 as we all know, so all considered the results are not at all surprising.

Anyone expecting
Revenue UP
Losses DECREASED
Cash UP
.......... were delirious.......... the assets Down is negligible IMO

I didn't see anything disastrous in the RNS tbh to warrant the sell off........

Financial Highlights



· Group revenues of £4.38 million (H1 2018: £5.22 million)

· Adjusted LBITDA* of £0.90 million (H1 2018: £0.36 million)

· Loss before tax of £2.12 million (H1 2018: £0.79 million)

· Cash of £2.64 million at 30 September 2019 (30 September 2018: £6.07 million)

· Net assets of £11.87 million (30 September 2018: £12.32 million)

The company is setting itself up for commercialisation so it can sell 3 tonnes/annum. The equipment is in place and ready to go ............. of course they need to make money in 2020 but they need orders first and I'm fairly sure they'll come in a timely fashion.

The stock market is mad, there's often neither rhyme nor reason to it.

I'm disappointed with the recent drop in price but am seeing it as an opportunity. We'll see this at £1.20+ during 2020 I have little doubt, it's a proven up and downer .......... I've put my money where my mouth is and bought 11,264 shares just there.

One would have to imagine we'll see £1.10 again very soon ...... and a likely dip subsequently but that's life .......... I would think we might hit £2 sometime in 2020 :)

Yup ............... I just bought another lump of VRS, there's no fundamental or business reason for this latest drop in share price so in my view it's an excellent opportunity to enlarge my holding.

.............. it might end up being a cheap commodity but if there's huge volume and a reasonable profit margin than all could well be very, very good. Also, it's taken decades to get this far.......... whatever company turns this stuff into a cheap commodity will be after accomplishing a mammoth achievement.......... it'll be a pocket liner.

I'd have no idea what the £1.20 to £1.30 rise is indicative of tbh as we are looking at a historically volatile share that is some way off it's 2018 peak still.

That accepted the AECOM collaboration could potentially be huge, as with many of the other collaborations :)

Hello Able ........
I thought of your post as I read an email notification this morning........... Gold Miners – Coppock ‘Buy’ Signal: The Coppock indicator, a technical indicator........ has given a ‘Buy’ signal on the Philadelphia Gold & Silver Miners Index. The gold price itself is also back in an uptrend and will give a Coppock ‘Buy’ signal at end January 2019 if the gold price remains at current levels..............."
I've no opinion myself but you are not alone in your thoughts, best of luck.

So, I reckon this could potentially be a Tesla esque share ............. that accepted an exponential share price growth from the current price is very fanciful. However I reckon we could see in excess of £5 within two years once the actual product(s) start being shipped from the back door so to speak.
Those who bought in during 2015/2016 are of course in a ridiculously fantastic position with a 10 fold return already.
At current prices I think the share is still a fantastic investment with a 10%/annum return being a very conservative expectation.
There will of course be dips, it is a volatile share but with sound fundamentals IMO.

Yes, indeed. 2019 should be very positive for the company but also for the share price. I think under £1.15 is great value, I've reinvested some previously cashed out chips this morning. I didn't expect to see the price as it is currently.

Splendid stuff.
As a longterm investment the current prices are a tremendous opportunity IMO. If one accepts that there's little to nothing being actually sold and the production ramp up is likely yet to happen..........the equipment to extend production capability has likely not been handed over to production folk as yet even if it's fully installed.
Add in the various agreements etc and there's potential for £10+ shareprice within a few years........... unless someone ponies up and buys the company of course.

Indeed.
I dealt with the Chinese branch of a US multinational............ it can be very challenging. There is a huge culture of job changing too.......... loyalty to the company doesn't seem to exist. And we all know the data and copyright issues etc etc.
However, what might mitigate that in a manufacturing facility / partnership for VRS is that the proprietary info may not need to be discolosed at all and the magic of the manufacturing might be impossible to reverse engineer.
I've worked on processes with 100% tech support etc from other sites and it was still a huge struggle to get things just right.

Indeed, I bought more also, with a longterm view the odds are strongly stacked in our favour I would think.

Stocks aren't rational.
Look at Coca cola share price over the last few decades........$45 now and was nearly that back in 1998, serious downward movement in between. Compare that to their revenue stream over the same period and you'd struggle to make any sense of it......... :)

I got some at £1.157 ............. I'm delighted.

An all time high and no news to fuel it. Seriously impressive.