Member Info for nezlob

If I had any belief in this company it must be close to time to average down.
Somebody post something to make me believe, before I give up here entirely!
And don't give Graphene is the naterial of the future, we knew that 10 years.
Don't also give me all that rubbsih about 119 active engagements or whatever it is now.
My only belief at the moment is these people are a bunch of conners or idiots.

Looks like HL had apremonition

Still here Pokerchips, partly as I have such a small value holding now, it's debatable whether worth selling.
The other choice I might normally take is to average down, but not been convinced despite the drift downwards in price.
I see on AGM site newsletter that Halfords have adopted their graphene in an aeresol primer, okay no big deal, but good the product and name is getting about.
I went in hope of seeing some report on the corrosion conference they RNS'd on happening at end of April, but nothing mentioned, this is what is so disappointing about them either they have nothing worth reporting from it or that they just have done a report yet, either is negative for me.

Ricardo have built a new electric vehicle test and research facility.
4 dynamometers, seems like a good idea.
I topped up for 1st time in a while as fallen back a little lately, still hoping to a good rise sometime.
Haven't been paying much attention lately need to catch up, and perhaps put in a bit more?

GMG an Aus outfit has just started on Toronto exchange, batteries look a very promising avenue for Graphene.
Came across website graphene-info.com while looking at GMG, it might be a good site to keep on eye on for mentions of AGM and related things.

PYUECK, I am not certain this cannot happen. I had some Galliford Try shares that then got turned into Bovis when housing sold. Bovis became Vistry and the dividend that was paid well into that period like May from jan, was exed around Dec yr before. My recollection is it was announced until things were settled, like Jan/Feb. Maybe I am wrong I cannot check back right now.
There is a logic in FGP having the ex date earlier as shareholders who buy now after the US sale are not having an asset within their stake sold, like those who held before and therefore deserve some compensation!!
There could be some rules that stop this though?

I understand your points Pokerchips and thanks for putting them on here.
I am still almost certain to sell out some point this week/next, I don't usually sell anything until I need the money for investing in something else.
I will keep an eye on this and be happy to see it succeed for you and others on here even if I cannot share in it!

I stabbed at a figure of £10,000,000 in my last post as possible directors remuneration over the 10 years.
I looked at it and thought maybe that's a bit wild?
However I will just add a couple of things here 1st from last full year report.
"All Directors of the Group are employed by the Company, and the Company includes no other employees."
However in another bit it lists the average number of employees as more than the 6 directors.
Anyway payroll costs for all employees inc. directors 2020 £2,198,000 and 2019 £3,098,000 this is 2020 full year report (note 3).
Oddly though when I look at 2019 full year the figure for 2019 is only £1,259,000 for directors and key management (within note 9).
So anyway millionish at least a year going on directors and management to produce less than £100k's
Nice way to run a business? Meaning perhaps nearly half of investments gong in pockets.
So would this be where half of funding ends up?
DYOT, do your own thinking this is just my thinking!

Theres a lot about AGM that worries me.
Taking a few points from Pokerchips nice post below.
24 million invested by the company, I take it that is 24 million invested in the company in ten years. How much of that investment has gone in remuneration you'd guess maybe as much as ten. Say 4 or so directors 2 hundred k per annum apiece?
So far that has generated a couple or 3 hundred thousand £'s, that is just nothing.
Some people say they are a start up how long is that so?
The pipeline if it all was to come to fruition will generate 7.8 million, but more probably £3,000,000.
So if that happens and is all that is kept up, it will have taken 13 years best case or 18 years probable case to see a return on capital even begin. Of course the pipeline will be added to, but will this also need more funding?
Intellectual property and know how is always worth something if it can be turned into business, £23,000,000 business?
I am not at all able to understand what the company actually sells, or maybe better put how it sells. Graphene nano platelets to dissolve in things and so add benefits. So how much can you add say in simple terms to a can of paint or car wax, and then how much can you charge and so charge on to consumer. It will need significant benefits to get anything significant on top of the already priced in other ingredients. Corrosion prevention in some cases may well be that point of difference, but not in all or not enough maybe? they need some stellar product makeable.
I see some of directors worked at Croda, yet I find no deals being done with them, if I left somewhere I think I would maintain a relationship and do some reciprocal biz. Funny you cannot even find graphene on Croda wecbsite, but they do coatings? they have recruited some agents around the world, one thing I see as positive, but how/what will they market.
I also feel uneasy at how the share price increased in Dec., Jan. knowing the placing was coming up. There seems to be no proper reason for that.
I have had an bad feeling about this company since I stuck a little of my money in and then began to check things out. Of course that in itself is a bit of a daft way of doing things. You may think my feelings and reactions too are a bit daft, maybe so.
I have sold half of my shares end last week and will be selling rest probably this week, making 20% or 30% loss, no big deal on the small amount of money I invested.
But I am incredibly annoyed about, I feel I should have seen it comeing.
Ah well my own fault.
I am not in the habit of deramping, and this is not meant so, it is a summary of my misgivings.

Please don't descend into it's all the MM's fault, and where is a RNS type board. It just makes me tired.

I came here as I have a few HSBA in daughters portfolio and I just think it has got too cheap.
But as I began a brush I came across Questor article from Friday (at least on Yahoo it was Friday).
He believes the moves to concentrate on China and HK/asian roots is risky.
So he has a recommendation to sell and go for something safer!
Must admit I lean to a bit contrary so may still be investing more, I do think there is some good chance this might get to 600p (stab in dark figure but what I once thought was a good price for this) fairly quickly, and is worth a try.
They also predict divi at 20p, about 3.5% which will do me!?

Broke account hopefully not a Freudian slip

Sorry to poke my nose in a board that I have no interest in, except looking at PB offer.
I would like to point out one of the problems I have with PB buying is the shares cannot be transferred into an ISA.
This is probably as they cannot trust investors to keep within their limit and cannot track that.
There is also fair delay from purchase to in your broke account and so tradeable.
Lastly you might bid for say £1000 shares but get just a few hundred £'s.
I used them to buy some AGM shares, a bad decisioon anyway and got less than £200 for my £1000 bid, and the compounded things by buying more of that particularly crap company to average down soon after.
The other thing I have noticed often, but in honesty have not checked absolutely all, many shares end up going below te offer pricein the first few days after offer closed. It strikes me it might pay to buy from broker in that period, you can then use your ISA, have shares immediately in your account and know exactly what you are getting.
I think Primary B are working on some of these things particularly the share allocation, they also are nice, polite and responsive to emails/complaints
So should I buy some Gore Street or not as that is why I am here?

evidently they've spent it on pencils and sellotape

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.

Is this ship steady or is it that no-one has their shares yet to trade?

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