Nanoco Share Discussion Threads

[sinbad74] 17/8/2017 14:54

https://www.whathifi.com/news/ifa-2017-preview-lg-dali-philips-sony-and-more

[howl01] 17/8/2017 14:51

Looking to IFA - QD-enabled tvs/monitors that I can see expected to be shown are from Samsung (possible prototype QDCF), TCL, Hisense, Sharp, Philips/TPV, Toshiba/Vestel, Sony, Acer, Asus - any more I'm missing?

[boris cobaka] 17/8/2017 13:32

New lower low since the last spike. Not much now before 30p support. Watch out if you have stops just below.
Volume still very poor, but might pick up if we start to see the fall gather a bit more momentum.

[sd_anon] 17/8/2017 13:09

Any orders delivered to the customer by the end of the financial year will be in that years accounts (Revenue in the P&L). If payment has not yet been received then that will sit on the Balance Sheet as an Asset (Trade Debtor) but will still be in that years accounts, irrelevant of when the cash is actually received (note I am not saying timing of cash receipts is irrelevant... obviously is relevant!).
In that sense this is the reverse of last years situation where the cash had been received in full but only part of the revenue could be recognised and the remainder had to go to the balance sheet as deferred income. It's all just a question of accounting treatment which is largely irrelevant to a company's actual situation and prospects. Yes last years deferred income debacle was a little embarrassing but I can think of many other companies which have been similarly caught out (eg a certain major supermarket who thinks it's okay to book rebates on purchases not yet made!). In this case it was picked up by the auditors immediately (that is what they are paid for)and sorted out (unlike the supermarket's auditors who took many years to spot the problem).

[boris cobaka] 17/8/2017 12:20

thanks Minsky.

[riskblue] 17/8/2017 09:36

That was last year's news. Oct 16.

[slipperysidewinder] 17/8/2017 09:09

A total shambles. How can you trust anything they say??????

[minsky] 17/8/2017 08:58

boris - here is the story

[sinbad74] 17/8/2017 08:44

www.forbes.com/sites/johnarcher/2017/08/16/qled-not-oled-is-the-future-of-tv-technology-says-analyst/amp/

[notimpressed] 17/8/2017 07:34

slippy post 13671, I bought some vague fudge in the lake district,
absolutely delicious, you should try it

[boris cobaka] 17/8/2017 06:24

firminator - you are joking?
There's no way a co. can retain the fd's services if they've screwed up a fundamental part of their job!!!
If that is the case then no wonder the share price is struggling.
Trust paramount with any investment. The accounts side is hugely important any doubt there and peeps simply won't invest.

[ih_169774] 17/8/2017 04:57

Prepare to be shocked by Quantum Materials Corp. A wise investor would get out of Nanoco and move to a company that is actually making progress.

[syd7777] 16/8/2017 22:30

SSW taking the whole doom and gloom onboard as usual.Orders taken for due payments by the end of July,and will not be paid maybe until the end of August or later.The company has all the rights to inform payments reciived for Y/E July 17,even if its during the IFA SHOW in Berlin ;)

[slipperysidewinder] 16/8/2017 21:48

The whole thing will be a vague fudge.

[onething] 16/8/2017 21:16

Last years trading update financials:Unaudited revenues in the year were GBP1.9 million (FY 2015: GBP2.0 million). The balance sheet had unaudited net cash of GBP14.4 million at 31 July 2016 compared with GBP18.3 million at 31 January 2016 (31 July 2015: GBP24.3 million). ... if we get similar it will be a guessing game as to what makes up the revenues and whether there was any profit involved in individual items such as the WH supply.

[onething] 16/8/2017 21:06

Surely royalties can be accounted for as soon as supply happens from WH to OEMs. The collection of payment is WH's concern. Anyway, why do you think Nanoco will be giving us any detailed figures? It's not their style ...

[syd7777] 16/8/2017 20:31

One would hope the delay in a trading update this year is payments to WH from OEMs until 31st July 17,with Nanocos royalties coming anytime now.The share price not surprisingly has been on a drip situation,with concern for last years earnings as well as the cash balance left.Any income above £4 million with £2 million form government RnD payment will be fine.A cash flow of anything showing near or above £5 million will no doubt keep Slippy wearing an extra pants of underwear.

[tonsil] 16/8/2017 17:30

just came across this
never heard of Navillum before

[boris cobaka] 16/8/2017 17:07

drip drip drip.....

sp needs a new band aid. Medic!