Graphene NanoChem

GRPH: 1.18 -0.11 (▼8.37%)

Delayed:2017-09-26 11:22:05
Bid Price 1.10 High Price 1.20
Ask Price 1.20 Low Price 1.05
Open Price 1.05 Spread 8.70%
Prev Close 1.26 Volume 1,144,166.00

Graphene NanoChem Share Price Chart

Intraday

Historic - 1 year


Graphene NanoChem Share Price Information

Name Graphene NanoChem Epic GRPH
Sector Alternative Energy ISIN GB00B9BBJ076
Activites Graphene NanoChem plc (formerly Biofutures International plc) is a nanotechnology commercialisation company that designs, formulates, manufactures and markets a range of nano-enhanced solutions, from chemicals to performance materials with improved performance characteristics, focusing on the oil and gas sector. Security Type Equity

Key numbers

Latest Share Price (p) 1.15 Net Gearing (%) 336.00
Market Cap (£m) 2.07 Gross Gearing (%) 345.70
Shares in issue (m) 164.23 Debt Ratio 1253.36
P/E Ratio -0.18 Debt-to-Equity Ratio 0.77
Divs per share (p) 0.00 Assets / Equity Ratio -0.41
Dividend Yield (%) 0.00 Price to book value -0.13
Dividend Cover 0.00 SROCE (%) -1222.46
Earning per share (p) -7.16 EPS Growth (%) 74.93
52-week high / low (p) 14.75 / 1.05 DPS Growth (%)

Graphene NanoChem Broker Views

Date Broker Rec. Price Old target price New target price Notes
16 Jan Panmure Gordon Under Review 1.18 Under Review
06 Nov Panmure Gordon Under Review 1.18 Under Review
17 Oct Panmure Gordon Under Review 1.18 Under Review
06 Oct Panmure Gordon Under Review 1.18 Under Review
03 Oct Panmure Gordon Under Review 1.18 Under Review

Graphene NanoChem Director Deals


Graphene NanoChem Company News

All resolutions passed at AGM of Graphene NanoChem

Graphene NanoChem has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting.




At 1:06pm: (LON:GRPH) Graphene NanoChem PLC share price was +0.28p at 2.28p



Story provided by StockMarketWire.com

Graphene NanoChem revenues rise

Graphene NanoChem's revenues increased to £0.26 m in the year to the end of December from £0.06m in 2015 and group made a gross profit of £0.04m against a loss of £0.09m last time.

Bad debts written off totalled £16.22m (2015: £0.15m) and the loss for the year from continuing operations was £16.87m (2015: £9.13m).

The total comprehensive loss was £8.34m (2015: £33.28m).

Chief executive Jespal Deol said =: "Amid a difficult and challenging period for the oil and gas industry, we took the decisive action to execute a holistic turnaround plan for Graphene NanoChem in 2016 with the firm intention to address our challenges head on, internally and externally.

"Our primary focus was debt reduction and a significant milestone achievement for us is the successful completion, subject to customary conditions precedent, of the debt rationalisation plan that has seen the conversion of our short term debt into a longer term debt and a repayment tenue mapped against the business plan of the Group.

"This effectively allows the Group to conserve cash outflow against debt repayment and deploy its funds towards stabilising the business.

"We anticipate that the debt restructuring exercise undertaken to now be unconditional by the end of the 3rd Quarter 2017 post completion of the administrative process and other conditions precedent, including non-core asset sales

"We continue our strategic move towards an asset light approach business structure that enables us to refocus operations on our core competence of value addition leveraging on strategic partnerships, business collaborations and outsourcing models to deliver our solutions.

"We are now entering the third phase of our Turnaround Plan, and to this end, our business platforms have been structured around three core areas that offer a diverse range of applications for potential and use - Nanofluids, Water Treatment and Polymers for Building Materials.

"Our main priority now is securing contract wins and accordingly we are currently engaging in a number of activities to do just that.

"We look forward with confidence and optimism. That is where our immediate focus is."








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FLASH: Graphene NanoChem revenues up






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Graphene NanoChem division completes paid pilot project

Graphene NanoChem's new polymers division has successfully completed a paid pilot project for a global tier 1 company in Malaysia.

The group said the project involved it providing its enhanced building materials solution as part of a warehouse conversion and building modification assignment for the customer, which designs and builds commercial and defence aerostructures.

It said this pilot was also a major breakthrough as the group's polymers and enhanced building materials solutions had now been applied in the highly regulated aerospace industry, which was "a further testament to its quality and strength".

Chief executive Jespal Deol said: "Although small, a first contract win for a new division is always something to be proud about and I would like to thank everyone involved for their hard work in securing this landmark project.

"These are exciting times for the group and we are pleased our revolutionary building materials have been welcomed by the market, praised for its strength, quality, and flexibility while meeting price points set by customers.

"We are confident in our ability to build on this progress and generate further contracts in the future."




Story provided by StockMarketWire.com

FLASH: Graphene division completes paid pilot






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