Should we get some decent news on Monday I therefore think we could see a sharp move in a northerly direction. The alternative scenario is perhaps a double bottom at around 70p. Should that fail the dreaded head and shoulders might start to play out. However I am thinking that it's about time that we had some follow up news on the two PAEK deals announced in the latter part of 2016, and also some of the collaborations with the anonymous global companies.
Then of course the FD is currently out in China trying to convert that LOI into a contract.....so plenty of options to get some positive momentum back into the stock ahead of the investor events on the 28th.
You cannot knock NR confidence in what he is doing and the vision. It was interesting to note that he indicated that some contact at the conference was from existing relationships, some from other depts yet completely unsighted/independent ( I can't rem his exact words) and some new parties.
That would give the impression that this is one of the larger organisations with multiple pillars. This is a common scenario when dealing with multiple facets and only one of those that comes off would be beneficial and then the word spreads internally within that organisation once the benefit is seen. To me that again is a good sign as it shows that those collaborations with, I imagine non named collaboration orgs, are going ok hence they are seeking us out.
Apologies if I offended anyone with the Jim Bowen comment that's the ex military part of me coming out and having previously met him at a charity event years ago he had a dark soh too so I don't believe it would have offended him nontheless he would have given bad advice here if you followed his catchphrase
"keep out of the black and in the red you get nothing in this game for 2 in a bad"
With each collaboration is a company looking for that game changer moment. Something that will give them that competitive edge making them, faster, better, leaner, lighter, more efficient, cheaper, stronger, durable or with less resistance or something never even thought of before. They are the innovators looking to make the impossible possible, challenge preconceptions and previously defined restrictions.
A key thing for me is that these companies are coming to us. Today we mourn the loss of one visionary no that isn't Jim Bowen it was Stephen Hawking, who challenged the conventional saying "there is no aspect of reality beyond the reach of the human mind".
Here is a link that reminds me of Versarien and NR and to quote from the page "Successful leaders are nothing if not persistent, committed individuals who understand potential is of little value if said potential fails to be realized."
Another good collaboration with another organisation that are considered effectively best in its field. There appears to be a trend going here where the best of breed don't rest of their laurels but are continually pushing the envelope.
In this case it is professional cycling but lets be clear on this as mentioned earlier there are multiple components to this. Those organisations "may" see the benefits of graphene or nanene in their products and then look at how they can incorporate the product into their wider offering.
in 2016 there were 65million cyclists in the US alone and if the use of graphene reduced materials used to build bikes by say 10%.
Now I am not saying that VRS will have that market at all but again it goes into the fabric of how we can "ptentiallY" enhance a product and reduce costs significantly.
Tyres.....Continental and others are the leaders in that field. Tyres are perhaps more important than the bikes!
Weight, without googling it, can be no lighter than 6.6 kilo's, you can buy bikes that light already, off the shelf. FYI a top of the range frame weighs about a kilo and a set of wheels is a whopping 1.2 kilo's!
Can you identify how close to the minimum weight the bikes are currently?
Frame/ handlebar stiffness is also very important to efficient transfer of power from man to wheel, this is possibly an important area for improvement.
What is interesting about this is that Team Sky do not make anything. Clearly a very well funded team who are able to work closely with their suppliers and have a long standing relationship, if slightly opaque and now more separated, with British Cycling. This will grab more attention than if story was about Pinarello or Fizik or even Shimano.
There is also the slight cloud around their activities at the moment so lets see how this is taken.
Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that it has entered into a collaboration agreement with professional cycling team, "Team Sky".
Versarien and Team Sky have agreed to collaborate to explore the benefits of adding graphene to high performance cycling equipment used by Team Sky. These products may include cycle frames, wheels and tyres, together with rider helmets and further rider apparel.
It is intended that Versarien's proprietary Nanene few layer graphene nano-platelets and graphene inks will be evaluated in the design and development of new and future products to ascertain any performance benefits that can be gained from improvements in material strength and impact absoprtion, material weight, and thermal radiation properties through the addition of graphene.
Carsten Jeppesen, Head of Technical Operations, Team Sky, commented: "This collaboration with Versarien provides us with a unique opportunity to explore the application of new and emerging materials in high performance cycling. Alongside our current performance partners we are developing a diverse network of innovation expertise in Britain and across Europe to support our riders' ambitions."
Neill Ricketts, CEO of Versarien, commented: "We are delighted to be working with Team Sky, the most successful Tour de France team in recent times, to bring the benefits of graphene enhanced materials to professional cycling.
"Professional cycling has always been at the forefront of technical innovation and the rapid adoption of new materials when they can provide a performance advantage. The success of Team Sky has been developed on the 'marginal gain' philosophy of seeking performance advantage in all elements that contribute to winning races. Team Sky recognise the potential for graphene enhanced materials to aid performance and this wide ranging collaboration will therefore look across both the cycle components and rider apparel to identify areas where additional performance can be gained through the use of graphene.
"Elite sport is the ideal showcase for our graphene technology as we continue to develop relationships with global organisations to bring graphene enhanced products to market."
"CFO currently in China , we are still trying hard"
Answeing to this Question:
Hi Neill, can you give any guidance as to if the June/July date for the Chinese deal production target is still on, or if there may be a little delay on that start date? Keep up the good work you and the team, your shareholders are (mostly) appreciative!
Tweet in the last few minutes from NR........"Just to put this to bed, the reasons big companies hide their details from public is more to do with competitive advantage,the name has to be disclosed to the nomad but is enforced by an hxxp://nda.it means they are serious if they want to keep it secret."
Several weeks ago there was a targetet 3 pronged attack on technology company IQE to short the life out of them.
It was a partial success bringing the price down from the £1.50 area to around 96p at its low point.
The shares have however recovered most of those losses after a robust rebuff from IQE and its advisors. It actually allowed me to substantially add to my IQE holdings for which I should thank them.
It was a VRS shareholder posting on the IQE board who first brought VRS to my attention and I ended up taking a stake in the company....then another.....and another!
It would appear that Versarian is now about to be the next target of these weath destroying parasites. Time put the hard hat on and if you are still confident in the company you might be able to pick up more stock at a much better price if they are successful in pushing the share price lower.
Here is a bit of the text from one of the announcements, Lucan Miers and Tom Winnifrith renowned shorters who do not mince their words when they spot a potential target.
Finally, there is Versarien (VRS), the company which keeps doing deals with unnamed multinational giants. Why any large company wishes to keep a small graphene project a secret to the investing public is beyond me and is another good reason to be short.
I never cease to be amazed at the breakthroughs researchers are making with graphene but this one has potentially life changing implications for many and could extend average life expectancy if it ever becomes widely adopted. Long time to wait for that but I'll be into my seventies by the time it gets through all the development and approval procedures and might offer myself as a guinea pig in due course.
Apologies if this comes across as a little moan but please don't come on this board to promote other companies as a comparison against being in VRS.
I will admit I have a significant position here and you may want to try influencing the board to go a certain way with thoughts of another org that is not in the same park or indicate this will go to 8p in a week (or even to £3 in the reverse) but it does get mildly annoying both on a scaremongering or ramping perspective .
Yes I also think a good option is to keep a close eye on this rather than rushing in at present.
The volatility of the stock makes it almost impossible to read other than from a charting perspective.
For example, if this is now on another leg lower, then following yesterdays drop to around 83p we would expect a bounce back to at least 89p
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