hangon
- 11 Apr 2016 14:10
- 20 of 20
Big debt is being restructured...DYOR by selling-off non-core . . .
This appears to be a Malaysian Co, listed in London on AIM . . . . and received much hype from the IPO which has not been maintained - partly due to their main products being aimed at Oil exploration ( As I read it -DYOR )..... Sadly this Sector is in the doldrums and there is little likelyhood it will improve with Oil price being low - maybe by 2020 but that could be too-late for Graphine Nano.
What I can't discover easily is what is being sold ( ie the qty/value) - fancy trade-names and "Patents" don't impress, since a business is about making Profits and Nano-profits might appear to be the result of operating in so many place around the World.
It would be nice to see One product being used in products which we could see - and judge whether the increased Cost was worth it.
Sadly I don't see Graphine-Manufacture as being their main production - so I conclude this is like their Website - honed puff . . .
The fall in sp says it all +++ and the debt came out of the blue, too . . . but then I rarely invest where I can't be present.
+++ does anyone here have opposing views?
EDIT (17June2016)-sp 15p, probably says it all . . . forget the Patents and what have you got? . . a new Co. flogging carbon + do they have a USP? Do they have the money to get to respectable sales and profits? Will their Patents stand scrutiny . . and can they afford to protect infringers?
Ask about the Execs - are they determined to make a success of this, or are they concentrated on making themselves rich, with Options, etc.?
FWIW: From my viewpoint, a lot needs to improve . . . .
EDIT (3Feb2017)- sp 7.4p - - - Oooer!
EDIT (20MArch2017)- 5p now . . . It really doesn't look good....
EDIT (30Aug2017)- 1.3pence . . . was 140p in 2013 . . . . but they are flogging soot.
EDIT-(23Oct2017)- Few Posters now, looking like last one = over 1-year.