Nanoco Share Discussion Threads

[boris cobaka] 02/6/2017 11:57

Minsky - so you are saying that the statement (if) lifted correctly from the interims is wrong?? How can it be read any other way?

[boris cobaka] 02/6/2017 11:55

Well since it could be considered a 'price sensitive' issue then I would contact the co. directly and ask for clarification. If the sales didn't commence in May for whatever reason they need to let the market know. If not as I understand it they are breaking the market regulations and the authorities alerted accordingly.
Simples really.

[minsky] 02/6/2017 11:51

boris - production isn't a statement of fact, to repeat the interim report:
"The base case forecast reflects the Board’s current expectations."

[mr.oz] 02/6/2017 11:51

Cut and paste, week in week out

[bagpuss67] 02/6/2017 11:19

Totally agree one thing. ME said he was dissapointed not to be able to announce an order at the interims. Implying they would announce when they can. The reality is they don't have one. And the interims will soon be two months ago. He was just spinning for dear life in the interim presentation. To be fair that's been the experience over the years I have been invested here.

[onething] 02/6/2017 10:52

Your trusting nature is admirable. However, this has not been my experience of how companies handle missed deadlines. Given that on this subject the company has pre announced it, and their frustrating history of these announcements, you would think that they would be keen to reaffirm the start is sales in May, as it is surely the single most significant milestone in the company's history.

[boris cobaka] 02/6/2017 10:25

Er they stated

'Sales of commercial quantities of materials produced in Runcorn commence in May 2017 and monthly quantities sold more than double by October 2017.'

They didn't say they hoped or expected, or anticipated....

So they've started. Where we should be concerned is if they rns'd there was a delay etc and they didn't commence.
In this case no news is good news.

Unbelievable - wetnurse anyone?

[andycapped] 02/6/2017 10:14

Only just out of May, but hopefully we get some news very soon.

[minsky] 02/6/2017 09:51

Does anyone remember the interim results document from April?


"The base case forecast reflects the Board’s current expectations. The key assumptions underpinning the base case sales forecast are:
•Sales of commercial quantities of materials produced in Runcorn commence in May 2017 and monthly quantities sold more than double by October 2017.
•Dow and Merck commence shipping commercial sales in July 2017 and November 2017 respectively and royalties and milestone payments are paid to Nanoco quarterly in arrears. Within six months of commencement each company reaches a stable level of sales representing a five-fold increase from initial volumes."

So May has come and gone and there has been no news. If they have made the sales why are they keeping so quiet about it given their rapidly diminishing cash position (they must be at around £6m left of the £20 they raised a couple of years ago at 105p, reducing by around £0.8m p.m.)?

The interim report also stated "In the worst case scenario, the Company’s cash resources would run out in the first quarter of calendar year 2018"

[boris cobaka] 02/6/2017 05:33

Important to be ahead of the game in these industry breakout situations.
Approved patents are there for a reason. One key metric to ensure a company is investable is 'barriers to entry'

Nanoco’s core intellectual property revolves around four key areas: the company’s
proprietary mass production process, CFQD® quantum dot materials, surface chemistry and applications/devices incorporating its materials.
For example, Nanoco has patents surrounding the molecular seeding process for the production of high quality CFQD® quantum dots, cost effectively and on an industrial scale.
This process not only allows the company to produce on a large scale, it also offers precise control over the particle-size, enabling them to provide material to meet any defined specification

Exciting times ahead in this tech area.
Sometimes also worth keeping an eye on the wider markets - melt-up phase on the way and as usual this is being led by the tech sector - Nasdaq is the first market to continually make new highs.
Gl.

[ih_169774] 02/6/2017 00:34

One more for you. Right from the Edison report commissioned by Nanoco. Edison considers QMC to be a challenger but you for some reason give them zero credence. Look up these three words, I believe they apply to you. Deceive, inveigle, obfuscate.

Quote from the Edison report..

"Other companies to keep an eye on.

There are a number of other companies developing quantum dots for use across a range of different applications, but at an earlier stage of commercialisation to Nanoco, Hansol and Nanosys. These include Dotz Nano (ASZ: DTZ), an Israel-based, ASX company that is commercialising IP for producing graphene-based quantum dots from coal. Development work is underway across a range of applications including high-volume, lower-cost applications such as detergents/whiteners and anti-counterfeiting, although the company is also in discussions for developing blue quantum dots for the display industry. The company’s first commercial milestone is a marketing agreement with speciality chemicals distributor, Strem Chemicals, which will facilitate sales of product to academic, industrial and government research and development laboratories, as well as commercial businesses for research purposes.US-based Quantum Materials Corp (OTCQB: QTMM) has developed a process for continuous production (rather than batch) of cadmium-free quantum dots. It has recently reported that its joint venture Guanghui Technology Group and Quantum Materials Asia Co has received an RMB150m ($21.8m) investment to build two Quantum Dot production lines and application centres in Beijing and Changde. The company presented heavy metal free Quantum Dot film at CES in January 2017. It claims to be talking to a handful of large, well-established players in the TV supply chain."

[ih_169774] 02/6/2017 00:22

Syd you are delusional and purposely misleading investors here?. Do you consider BOE an unknown Chinese OEM?. I wish Nanoco no ill will. Just trying to inform people, and also agree there is plenty of market share to spread around.

Quote
The Company is in discussions with a number of prospective customers and component manufacturers (they displayed a short list of these names in one of the slides below during the show and also disclosed they are in discussions with BOE, one of China's largest and most progressive display makers in their most recent corporate update, link below) and is pushing very hard at this time to reach that date as soon as possible. We got a sense from our discussions with Stephen that based on the quality of red and green cadmium-free quantum dots they are producing at this time that their QD materials are generating quite a bit of interest in the market and that they are getting very close to this major milestone.

BOE Technology Group Co., Ltd., founded in April 1993, is a supplier of internet of things technologies, products and services. BOE’s three core
businesses are Display Device, Smart System and Healthcare Service. BOE’s products are widely used in a broad spectrum of applications such
as mobile phone, tablet, notebook, monitor, TV, vehicle display, digital information display, healthcare, finance, and wearable devices.

BOE sticks to the innovation concept of "Technology Leadership， First-global-launch Products, Value Co-creation". BOE’s First-global-launch
products coverage exceeds 39%, and its yearly new-patent applications amounted to 6156 in 2015. BOE has over 40000 usable patents, ranking
No.1 globally in the industry. BOE ranks No.1 in terms of market share of panels for mobile phone and tablet.

At present, BOE has 7 production lines in operation, including a Gen 5 TFT-LCD line and a Gen 8.5 TFT-LCD line in Beijing, a Gen 4.5 TFT-LCD
line in Chengdu, a Gen 6 TFT-LCD line and a Gen 8.5 TFT-LCD line in Hefei, a Gen 5.5 AMOLED line in Ordos, and a Gen 8.5 TFT-LCD line in
Chongqing. There is another Gen 6 AMOLED line in Chengdu, a Gen 8.5 TFT-LCD line under construction in Fuzhou and the world's highest
generation line Hefei Gen 10.5 TFT-LCD line under construction.

BOE has manufacturing bases located in Beijing, Chongqing, Chengdu of Sichuan Province, Hefei of Anhui Province, Ordos of Inner Mongolia
Autonomous Region, Gu’an of Hebei Province, Suzhou of Jiangsu Province and Xiamen of Fujian Province. BOE also boasts a global marketing
and service network, which covers the world's major areas including Europe, America and Asia.

LONDON (February 27, 2017) – BOE, a Chinese display maker, takes top position in terms of large TFT-LCD display unit shipments in January 2017, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions. For the first time ever, a Chinese display maker, taking a total share of 22.3 percent in unit shipments, is displacing South Korea’s display makers, the historical leaders in shipment volumes.

[syd7777] 01/6/2017 21:55

Yes the picture from my namesake at a show full of every fish in the sea is a winner for QMC.Name one product that QMC has on the market right now,while QD vision had a few but still went bust.QMCs dots are dull and not upto standard or they would of been competition to Nanosys, a few unknown Chinese OEMs might buy the cheap rip off.Nanoco is moving to OLED and QLED hybrid while QMC has limited supply with QDs from 2011.

[ih_169538] 01/6/2017 21:46

Facts please instead of blowing smoke.The pictures from SID totally refute your statements

[syd7777] 01/6/2017 21:45

Nowenterprise yes I do get it but when brokers like stifel don't even see them as competition it's no use coming and bragging here.Nanosys is the only real competition with Cadmium although they have a hybrid that still contains Cadmium and have failed to be 100% CF.QD vision was worth a lot more then them and look where they are now.Nanoco looked at the Bayer patents very closely but knew it was a cheap rip of way to produce QDs as QD vision found that out with their dots.

[nowenterprise] 01/6/2017 21:36

Syd, I know you don't like anything trev posts (and by the way I prefer to be diplomatic, I can't help it). But notice what I was actually saying though; even if QMC is a real competitor, Nanoco (and its investors) still would not have to worry ... get it?

[syd7777] 01/6/2017 21:33

QMC are not even upto the 1st generation QDs or HDR like QD vision.

[nowenterprise] 01/6/2017 21:15

Thanks for that report ih_ I agree it is important to keep abreast of the developments in the field.

Even if QMC turn out to be a real competitive force in the market, I don't see why this should be unduly worrying for Nanoco. It is a large display market after all, there would still be a lucrative place for Nanoco dots, not to speak of forthcoming applications in solar, lighting, bioimaging etc.

[syd7777] 01/6/2017 20:56

IH no ones going to read your fairytale essay.That is based on ramping QMC that still doesn't have a product.The past CEO the Indian Doctor had bigger ambitions only be be sacked,while more fundraising was needed to keep the dream alive.

[ih_169774] 01/6/2017 20:30

Also of note. The report on Quantum Materials included pictures of product on display in the Kisco booth. One of the graphics displayed showed partners and potential customers with a list that included the following

Samsung
Hisense
TCL
AUO
BOE
Nitto Denko
DOW
And more

Yes DOW!

[ih_169774] 01/6/2017 20:17

New e-mail from Clay Chase:

Quantum Materials Corp. Update (OTCQB: QTMM)

Presents QD's/QD-Film and QD-LED's at SID/Display Week in Los Angeles - Granted Key IP for Continuous Flow Processing of Cadmium-Free Quantum Dots

May 30, 2017

We caught up with Quantum Materials Corp last week during Display Week (SID) at the Los Angeles Convention Center where they displayed their latest samples of cadmium-free quantum dot materials and met with prospective customers in the display industry for the purpose of establishing supply agreements for quantum dot materials. During the show, we had the opportunity to talk with Quantum Materials Corp CEO Stephen Squires as well as with Quantum's Senior Director of Asian Business Development, Toshi Ando, who had just returned from Taiwan attending a MicroLED Conference (Quantum was sharing booth space at Display Week/SID with one of their VAR group's: Uniglobe Kisco).

The Uniglobe Kisco/QMC booth was in a great location at the end of a row (corner space) adjacent to, and very close to the entrance of the new product area I-Zone exhibit, which got a lot of traffic during the show. In addition to QMC's display showing samples of quantum dots in resin (multiple colors including blue) and quantum dot coated film (several samples of cadmium-free film were displayed including red, green, blue and red-green) what we found to be very interesting at this show was a display of small illuminated LED's which were coated with QMC's quantum dots. The display included red, green and blue QD coated LED's and these were all extremely bright. Quantum Materials has talked about their ability to produce highly stable (these LED's had already logged many hours of "on time"), high performance level blue quantum dots, but this was the first time we had seen them in person and this was an impressive display. We have included a picture of the display (the semicircle of lights on the presentation table to the right and inset photo to the left) but unfortunately the iphone we used to take these photos for some reason pushes the color of these dots to a whitish color and you are not able to see the vivid red, blue and green LED's. Toshi explained that they were very excited about their ability to coat LED's with QD's as this has been talked about as being the next variant of QD enhanced displays - substituting the blue back light of current QD LCD design with arrays of blue, green and red QD coated LED bulbs to power the back light, and it's important to note here that this variant requires a highly stable, high performance blue quantum dot (as well as red and green dots), which from the looks of this show and recent press releases from the Company that Quantum Materials Corp. is able to produce at scale with their proprietary continuous flow process. As the surface temperature for LED's is quite high, the fact that QMC is able to produce red, green and blue quantum dots that remain stable in this more extreme environment is quite telling as to the quality and stability of their materials.

We also see Quantum Materials Corp's ability to produce blue quantum dots as an important milestone with regard to another variant of display design that is now being discussed in the market: MicroLED. MicroLED' s are extremely small individual red, green and blue LED's that are produced and then moved and permanently bonded onto the backplane of a display. This technology direction (which is being advanced primarily by Apple to compete with OLED display technology and will likely show up first in the mobile/handheld market) still looks to be a few years off from commercial readiness/adoption, but much of the work in this direction is focusing on QD's as being a key enabling component of the solution and provide this new type of display not only extremely high color gamut levels, but also provide efficient, bright screen levels to preserve battery power (which continues to be THE holy grail in all things mobile!).

We asked QMC CEO Stephen Squires about this new design direction and he said that while the production of blue quantum dots is a key addition to their portfolio of quantum dot materials, and they are keeping a close eye on the microLED market space, the Company's core focus remains the completion of commercially available red/green quantum dot film. Stephen further added that the Company is continuing to work with 5 film coaters at this time to make available to the market a high performance level and affordable solution for providing high color gamut in the current blue led light source (BLU) variant of QD displays. They had some of this film on display at the show and are now providing larger samples of quantum dot materials to prospective partner film coaters as they scale up to larger runs of film for testing and evaluation by OEM groups - and while he couldn't share with us too much detail on this subject at this time, that the Company and their film partners are advancing rapidly on this front. This is the design (red/green QD film) that Samsung and a handful of other quantum dot based display makers have been producing, and due to its ability to provide the viewer with a very high color gamut screen, we have seen a rapid uptake for this design variant in the market. In fact the uptake of QD displays has been and is predicted to dwarf the uptake of the OLED display market with several analysts predicting the number of QD sets by 2020 to reach north of 40 million panels and to get to well over 200 million panels produced annually by 2025 (which is roughly 80% of the entire flat panel market space).

Last week Quantum Materials Corp. announced that a key patent had been granted to the Company for large scale continuous flow processing of cadmium free quantum dots. In the release Stephen Squires stated: “This is an important milestone in consolidating and protecting our intellectual property for large scale volume synthesis of non-cadmium quantum dots. Continuous synthesis micro-reaction technology is the solution for synthesis of high-quality nanoparticles due to the many advantages our patented process provides, including precise temperature control, mixing efficiencies, fast reaction speed and parallel operation for scalable volume production. We have begun continuous-flow volume production of high-efficiency blue quantum dots that we believe will play an important role in the future of quantum dot light-emitting diodes (QD-LEDs). Prior to this point, blue quantum dots exhibited unfavorable energy levels in comparison to red and green quantum dots with respect to device efficiency."

Here is a link to the full press release: hxxp://qmcdots.com/press/press.php

As we got ready to leave SID and head back down to San Diego, we asked Stephen the burning question that all QMC shareholders are looking to know: When will we see an announcement that QMC is supplying dots/film to one of the many display makers that either have already, or soon plan to be manufacturing displays incorporating quantum dots? Stephen thought for a moment and answered by reiterating that the Company is in discussions with a number of prospective customers and component manufacturers (they displayed a short list of these names in one of the slides below during the show and also disclosed they are in discussions with BOE, one of China's largest and most progressive display makers in their most recent corporate update, link below) and is pushing very hard at this time to reach that date as soon as possible. We got a sense from our discussions with Stephen that based on the quality of red and green cadmium-free quantum dots they are producing at this time that their QD materials are generating quite a bit of interest in the market and that they are getting very close to this major milestone.

The key takeaway for us from Display Week this year was how quantum dots have in a short period transitioned from a novelty "next generation" technology used in high end premium displays to a mainstream material that many are expecting to reach massive market penetration and become ubiquitous in display's over the next few years. For those groups that can supply cadmium-free, high quality QD's in volume at a reasonable price point (and we believe that to be a very short list at this time) the financial upside and opportunity looks to be massive. Based on our visit to SID this year along with the many hours we have spent with QMC management discussing their products, proprietary manufacturing process and the rapid market uptake for quantum dots, we definitely see Quantum Materials Corp close to, or possibly at the top of that list (note: we have included a number of slides from a PPT presentation that QMC displayed in their booth at SID this year).

QMC Site Visit Planned for June 2017
We will be visiting Quantum Materials Corp. corporate headquarters in San Marcos, Texas in the next month or so to get a first hand look at the most recent advancements of the Company (and possibly make up a batch of blue quantum dots!) and will be sure to get that report out to everyone once completed.

Also, if you missed the recent Shareholder Letter from QMC, we have included that link below.
A key take away from that report is the mention that QMC is presently engaged in discussions with BOE Technology Group - one of China's largest and most technologically advanced flat panel display OEM's - to improve viewing quality of flat panel displays via the utilization of quantum dots.

Here is a link to the report: hxxp://qmcdots.com/ShareholderLetter.pdf


Slides from QMC's 2017 Display Week (SID) Presentation:

[Pictures]

Regards,

Clay Chase
SD Torrey Hills Capital
858 456-7300

[syd7777] 01/6/2017 20:07

It is important Trump backs the Paris climate agreement in the next few minutes as it could also influence any RoSH decisions.

[syd7777] 01/6/2017 19:38

Bagpuss true no Samsung no LG...but you never know cry wolf ME might just come up with the goods when you least expect it.There is some strange background buying in the last two days and the share price has not collapsed below the 35.It might all be speculate buys from noises from DOW and OEMs finally turning to QDs.