Nanoco Share Discussion Threads

[boris cobaka] 15/6/2017 17:34

It's not something open to debate it's simply fact. 4th April price action clearly demonstrates the investor reaction to the 'contingency' option.

Unless you're saying there's a multitude of investors who haven't read the rns and are completely unaware of that scenario.

Look it'd be very nice if you're right and we get that further pullback - there are plenty who would like to take advantage myself included but recent activity points to a second leg up on the way. Yet again we've witnessed much greater numbers of sells than buys but the share price has shown a further progress. How long can this continue? At some point someone will have to show their hand - if in the meantime we get sales/order news then bye-bye 50p. The bid is being juiced - someone would like to see further selling and a few have succumbed.

[jfacwc] 15/6/2017 15:48

correct! Nice term though ...

[balaura] 15/6/2017 15:47

I don't think that anyone still invested in Nano has taken that "baked in" scenario seriously.

[boris cobaka] 15/6/2017 15:29

Isn't that why they spoke about contingency planning in the interims.
They have to do it in case the orders don't appear as quickly as forecast and that can happen in any business. It's how a proper company reports - not some pie in the sky AIM op.

That drop on 4th April was when they first offered the scenario that the orders might not hit as planned and that there'd be the need for a contingency. You can't get a double hit on the share price for something that's already been baked in. I could see some weakness as we get closer to the end of the half and no order news materializes.

[bagpuss67] 15/6/2017 15:03

If they don't get orders by the end of July they will have about 4m cash and a spending rate of 1m per month. They will have to do some very fancy talking to the auditors to get a going concern sign off

[mwwh] 15/6/2017 13:50

I agree. Balaura and Bagpuss are overly pessimistic. Nanoco has strong technology and continues to make significant advances in graphene and qled as well as mass production. While I don't believe that QMC is a threat, I have to congratulate them on expanding the qdot market to new markets such as architectural skins of buildings(e.g., Freschfield). I doubt, however, that Nanosys' market is about to dry up.

[bagpuss67] 15/6/2017 13:40

Kuss. I could not disagree more with your comment that finance is not a problem. If it wasn't a problem they wouldn't have had to talk about contingency planning along with the interims.

[balaura] 15/6/2017 13:14

"It would be advantageous for some of their extremely wealthy customers to see this company remain in business". It's 5 min before bust! Please name one single customer, let alone "extremely wealthy" :).

[jfacwc] 15/6/2017 13:02

If the financials for nanoco were actually good, (!), there are enough posters on here to lead us to believe otherwise.Still, it seems to make for good ongoing discussion..., something decidedly lacking on other Boards.

[wjs81] 15/6/2017 12:58

Perhaps they haven't attempted to raise funds because they won't need to......?

Their communication may be dreadful but I think a GCSE maths student could work out when they'd need to make a cash call, if at all. I don't think they're stupid enough to just leave it until they were down to their last couple of quid.

Besides, a cash call isn't their only option. It would be advantageous for some of their extremely wealthy customers to see this company remain in business, at least for the foreseeable.

[bagpuss67] 15/6/2017 12:46

Kuss. They had 12.5m at 31 Jan 2013 (Cash, cash equivalents and deposits as at 31 January 2013 of £12.5 million (31 July 2012: £15.5 million)) but were then about to raise £10m at 157p.

They had £8.3m at 31 January 2017.

They wont just be able to magically become a "science based hub" They will leave the call too late to do it and face the end of the dream. They will have to expend massive sums on staff and director compensation and other downscaling costs and will not have the runway you expect, imho.

I think they have to raise funds if they can. sooner rather than later. imho

[balaura] 15/6/2017 12:28

It's not the same as many years ago, before the Dow deal. In the meantime, they've lost Samsung as a customer, who developed its own CF QD. LG is not interested. Licensing contracts appear to be useless. Nanosys is still going strong. New competition has arrived with a better chance for mass production. If Nano puts a placing now, is because they failed to succeed and are desperate. As Wah Hong announced, they may be able to sell a SMALL quantity.......The big dream is over.

[kuss1] 15/6/2017 11:45

So who are the manufacturers with a proven and stable product?

Nanoco won't be bought out any more than QTM will.

As for finance, they have more money than they did before the Dow deal. Wasn't a problem then. They could survive on $500,000 a month if necessary as a science based hub, some two years of finance. Leaving Dow and Merck to manufacture.

What is pretty certain is that cadmium based Qdots will come to an end. And qdots will accelerate as a mainstream material for multiple industries...

[bagpuss67] 15/6/2017 11:37

Quite possibly nanoco. Just that by that stage it could have been bought by someone else on a distressed basis. This management may have done their money.

[onething] 15/6/2017 11:36

Manufacturers with a proven and stable product I expect.

[kuss1] 15/6/2017 11:30

Qdots exploding into the market.... Will only accelerate and some. Where will the supply come from??

[bagpuss67] 15/6/2017 11:13

Boris your commentary is interesting and appreciated but (I assume theory based on the chart). Meanwhile the business is careering towards the precipice.

[boris cobaka] 15/6/2017 11:07

No i'd say that interim bottom was right translated which is considered bearish.
With the bottom put in during April/May this year it was left translated and enjoyed very strong volume to support the final breakout. That day in April when we saw a large gap down and big volume was imo the 'final flushout' phase. Basically it's when many investors 'gave up'
That was for some the buy signal - when the secondary dip couldn't break the former low we saw an impressive surge both in the share price and volume when 35p went. That's why on this last dip 35p was such an important area. I was surprised they didn't drag it below but perhaps too many were waiting for exactly that. Those that didn't re-enter then are now left wondering when to grab some - any attempted dip will be quickly bought imo.

[balaura] 15/6/2017 10:56

Isn't this the handle to the recent inverted cup? Like the handle formed during November last year?

[boris cobaka] 15/6/2017 10:23

Enjoy the silence....




Appear to have the same mo as the last few sessions. Stealth rally at the outset.
Disbelief oozing from every device....

Cue tumbleweed...

[weyweyumfozo] 15/6/2017 10:23

Agreed - chart wise it looks like the double bottom has been backtested.

[boris cobaka] 15/6/2017 09:29

fireworks or a damp squid (sic)

Volume v important now. Quite a few who offloaded recently were perhaps not expecting the next phase to have begun so soon... Not definite just yet but with 'baby bulls' they tend to surprise to the upside.
Next dip will be my last purchase.