Sunday 16 December 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
It has been pointed out to me recently that an article I wrote last month on Versarien (VRS) has been the subject of some debate on twitter. My offending sentence was:
The country’s, easily, largest and certainly, most exciting, one day event for those who want to make more money from shares, The Global Group UK Investor Show, is still almost six months away but already the all-star main stage speaker line-up is almost finalized. And this week we announced a big new name.
When a share price suffers a setback, often it is the evil cabal of short sellers who are blamed by retail investors. In the case of Versarien (VRS), even CEO Neill Ricketts is at it.
As you know, since Versarien (VRS) supplies the Israeli Defence Forces and thus helps protect the only democracy in the Middle East, it can do no wrong in my eyes. Thus I note, with some concern, the increasingly odd reaction of boss Neil Ricketts as the shares continue to slide.
Versarien (VRS), “the advanced materials engineering group, is pleased to announce that it has signed a collaboration agreement with Advanced Insulation Limited”. Any financials with this one? And any update on how other collaborations are coming along, Neill?...
Neill Ricketts, CEO of Versarien (VRS), the graphene company which is currently the number one pin-up stock on AIM, can be forgiven for thinking that he can walk on water.
Versarien (VRS) is the reason why everyone should sign up with Primary Bid right now. Most Primary Bid offers are ones that I have no hesitation in telling you to avoid like the plague, being trapped in a lift with Emmanuel Macron or both. But just occasionally one comes along that is really worth punting on. I told you on Friday that Versarien was almost certainly in that category HERE. Today I am vindicated.
At 175p Versarien (VRS) is valued at £263 million. I cannot argue with two writers on this site (Lucian and Cynical) that the valuation looks absurd based on historic profits and cashburn or even on some of the more optimistic forecasts. But it has now announced it is raising £2.9 million (or more) at 145p via Primary Bid and I am almost tempted to have a flutter. Here's why...
A couple of months on from the well-received annual results of Versarien (VRS) on 19 July, the share price has risen to even higher levels from when I initiated coverage (HERE), now valuing the graphene part of the business at well over £200 million so I thought I’d pose a simple question to CEO Neill Ricketts – how are those collaborations coming along?
Having stuck my todger in the hornet’s nest as Tom so eloquently put it with my first ever piece on Versarien (VRS) (HERE), I thought I would dig a bit deeper into the products as perhaps one can make a case for a £200 million business after all?
It is easy to dismiss Versarien (VRS) as just another overhyped AIM stock but, as today’s results show, that does not do it justice. It is currently in a class of its own. In fact, I would say you have to go back more than a decade to Pursuit Dynamics to find something with a valuation, pound for pound, as unhinged as this one.
I’ve been following darling of the bulletin boards, Versarien (VRS) for some time finding the ever-increasing share price more and more incredulous. I thought I would use today’s results to take a closer look and come up with a considered valuation. In short, this appears to be the in the top 5 most overvalued shares on AIM – get out while the going’s good!
When a company issues an RNS which involves an unnamed third party, investors should run for the hills. In the case of BNN Technology this is problematic as the shares have been de-listed from AIM because the last NOMAD Strand Hanson resigned and no one else was prepared to take it on (not a good sign when you consider the depths that most NOMADs are prepared to plumb for ready money).
Yesterday I posted a series of questions for Neil Rickets of Versarien (VRS), who I have always described as a nice guy even if I think the valuation of his company is crackers. To his credit he has come back ( from China) with full answers but so too has one of his shareholders a Mr A. Moron.
On 7 December 2017 Versarien (VRS) announced that its CEO Neil Rickets had exercised 250,000 options at 12.25p - options that still have 5 years left to run. On 5 January the company casually announced that he had sold the shares on 4 January at 61.5p. Hang on Neil mate...
Hello Share Squelchers. Now, what the heck do I do? I was all psyched up to flog my entire holding in Versarien (VRS) after the Pizza Hardman’s tip became a near four-bagger, when I lost my phone. (Yes, you're dealing with a real pro, here).
The current exuberant mood of the market has thrown up some great opportunities for bears as well as bulls on AIM recently. But for bears they are not for the faint hearted. Timing is particularly difficult when shorting rubbish and, particularly in these times, it pays to drip feed into a position and to maintain plenty of margin. Even then it is not unusual for a stock to double against you as happened to me recently with Online Blockchain (OBC)
Hello, Share Mixers. In the Autumn I agonised on this sumptuous website over whether to sell shares in the computer bits firm IQE (IQE). Fact is, my mind pulled one way, then the other. I could not make up my mind. Now similar factors are in play for another multi-bagger.
Despite the scepticism previously exhibited on this stunning website, I would not be in a rush to sell shares in Versarien (VRS). Even though yesterday’s leap was approaching 35%. That’s normally a signal for this old punter to trouser the profits. But this is one of those mystery shares which could go either way, and I don’t welcome the pain of maybe selling too quickly.
I was a little surprised by the abuse I copped from recommending Versarien (VRS) as a short at 80p last week. I had failed to spot that it now regularly occupies second place in the ADVFN bulletin board rankings behind charlatan oil promotion UK Oil & Gas (UKOG). (Thankfully I have heard that rumours of a name change to UK Oil and Blockchain are wide of the mark).
Advanced materials engineering group Versarien (VRS) floated on AIM at 12.5p around four years ago. Its plan then was to commercialise a process called Lost Carbonate Sintering, the brainchild of a Dr. Zhao of the university of Liverpool. More recently it appears to have shifted its focus to graphene products.
Hello, Share Smilers. At the end of the week, the Footsie gave us an early Christmas present of 73 points. 0r 1%. Yet, I don’t think the big index has finished yet with its traditional Yuletide gifts. The Santa Rally, rather late as usual, is now upon us.
Hello, Share Twangers. You may have your suspicions if I return again to the subject of fair payment for the huge number of well-researched articles on this unique website. But I must at least try and save you from the possibilities of losing huge dollops of money.
Versarien (VRS) has announced results for its half year ended 30th September 2017 and despite emphasising that - with “revenues having increased, losses halved and high levels of interest in our graphene products” as well as a successful recent net £2.8 million placing - “we are viewing the future with much optimism”, the shares have responded approaching 12% lower below 40p. However, this still compares to sub 20p earlier in the month and little more than 11p at the commencement of 2017…
Hello, Share Riflers. Having written recently on my occasional dabbles in momentum trading, I thought it only fair to mention a share I’m trading at the moment. This share is rocketing along this week.
Hello, Share Twiddlers. At the famous UK Investor Show on April 1st, the legendary pizza hardman, Darren Atwater, tipped Versarien (VRS). We later chatted about one of this company’s products, graphene, which is the revolutionary material which attracted Darren’s interest.
Hello Share Swiggers. Those of you lucky enough to attend the big UK Investor Show last weekend will have been treated to the first-time ever stage appearance of the Pizza Hardman, Darren Atwater. What was remarkable about this event is that the share he picked in his 'Dragon’s Den' session has put on 20% in the first few days.
This is becoming a regular Friday feature - an after hours offer from Primary Bid for increasingly credible placings. The last one was Ascent at 1.85p - its shares, 3 weeks later, are 2.375p which is great news for our readers who took part. Next up is Versarien (VRS) which is raising £1 million at 15p.
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