In this case it is probably largely as profits have fallen, and profits are what really count. You will find often what to us small time PI's are good results are seen by the market as not as good as expected so share price may still fall. The long run always sorts these things out!
The Graphene Flagship organisation that is involved in this has UK partners for research etc., but not AGM, though Versarien who seem more switched on is one. I felt I had seen mention of graphene based underwater paints when I was looking into AGM, so maybe they have another route, it might not have been directly relevant to them but just about graphene. Anyone know better?
Some movement in the right direction today so hopefully that guy will turn out to be wrong. I have had serious doubts about what is happening at this outfit, lets hope I am wrong too! Be nice for me to see a quick return to at least the level I bought at, which is a bit to go yet then I can decide whether to leave it as a long term investment or sell and get back to more regular stuff for me.
Thanks Phil, for the details on the detail spray. It would be nice if something was markedly different and better with the graphene perhaps longer term will tell. It will be good to hear if you get hold of some polish and how it goes too!
Brighterlater, these revenues are half yearly, I was not clear and did not make it clear when I posted earlier. So total revenue for 2020 was actually £83,000, so there has to be hope 2021 will exceed that, by double £7000 or more I guess! Revenue over the years have been not that spectacular, from £4,000 in 2014 to highest in 2017 at £97,000. Interestingly sales dropped both 18 and 19 though came back a bit 2020 but still not previous high. The company also gets other income from finance, and I guess maybe grants etc, this has often more than doubled the actual revenue but is still not enough to offset big losses. I find it hard to see where this is all going, sleep well.
Might not be a solid argument but it is one I like. Not from NE myself but always look for something in my investments that I can relate to. It has been disastrous over the year with the likes of Woolies, but also had huge returns with the likes of AMD. I am interested in your use of graphene detailing spray, what you might have found that makes irt special against non graphene products, I know about rust prevention is that something it clearly does and is it tangible?
And I don't think we need to worry too much about environment at this level of sales, though it is an interesting point, which you would hope is already b?een looked at
No Phil it's annoying, but thanks for trying to convince me otherwise! I know it's a start up, but we are not talking profit we are talking revenue, that's sales isn't it. 10 years in business, is it still a startup and then to sell £42,000, and a several millions taken as investments.
The revenue at £42000 is just crazy! This company has had millions in financing and only managed revenue of a few hundred thousand in best part of 10 years. I have a £1000 tied up in tis and wish I didn't. I hang on in hope you all are right in your optimism, but I am not confident. In last 2 years £77,000 total revenues is that for real? My wife's revenue is more, I have invested heavily in her shopping though!
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.
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 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.
Hello, anyone got their Primary Bid shares in their trading account? Still not got mine but had set it to my ISA not normal account, they will not pay to ISA so I had to change which would have delayed things maybe a day or 2.
Reason I was set up on Primary Bid was I had some RCDO shares and they had a placing there, I did not sort out in time for that but carried on anyway for future. The Ricardo shares more or less dropped to the offer price anyway so got them on normal trade anyway, maybe a few pence short!
Deadline seems to have been extended by an hour to 8pm? Not certain of this but was on PB and buying some shares with a 2minute to closing sign, but payment declined, still managed to do another payment after and the close was 59 mins off. 1st time I've used it so a little uncerain, but thats what it looks like so if you are keen you might still have time!
So same day as Frank Lampard gets the elbow from the russian gangster, poor old Dave Shemmans is pushed out of RCDO, or did he jump? Anyway not specially a fan of either move. Though don't know how old Mr Shemmans is maybe it is due. markets seems to have reacted in favour so does that make it a good move, good for greedy short termers maybe, will have to wait and see.