Registered:
13/05/09
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Impvesta's Latest Comments

"Any idea how much of the product sold was used in smoke and mirrors? :-) If I held I'd be concerned by the lack of clarity."I'm not sure if that comment is meant to be serious or if you are just trying to wind me up!  The investment case for Versarien isn't based on historical results from collaborations/agreements which were at an embryonic stage at…

"I see that; but WPP could also change their segments such that they make £15bn in their 'marketing and graphene' division, if they so desired :)"Versarien haven't changed their segments though. Revenue in the same segment for the year ended 31st March 2016 was only £16K.

Note 2 to the accounts shows revenue in the Graphene and Plastic Products segment at £4,643K compared to £2,628K in the previous year.

"Versarien (LON:VRS) FY looks OK at first glance with rev £9024k up 52%. But @EasyBrent works out that graphene revenue was less than £24k down from, £128k. Rev breakdown AAC 4600k, Total Carbide 3200k, Versarien Tech 1200k, 24k undisclosed. Graphene is lumped in with plastics to disguise the fall, even though graphene is almost all it talks about. That's not the way to do things"Tut…

I sold out of AMO first thing this morning on the back of the trading statement. Would have liked more guidance on what the Directors' expectations are. Seemed a bit lukewarm to me and I'm happy to bank a small profit and move on.


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