Nanoco Share Discussion Threads

[mrplay] 25/8/2017 12:12

Where do we go from here? Throw in the towel or wait. My hopes were for an actual product to be on the stands at IFA as per previous release stating look out for display shows. With this rns, it feels like it might be some time before a display with nanoco dots is shown. Sp seems to have stayed around the 27/28 so stable for now

[bagpuss67] 25/8/2017 11:58

Slippery you have made your point. Why don't you just button it for a while.

[slipperysidewinder] 25/8/2017 11:54

I did tell the board weeks ago of workforce unrest and contingency plans being openly discussed snd set in motion.

The board would offload the IP tomorrow given the chance. They are quite obvuously out of their depth and staring into the abyss.

The question only a fool wouldnt ask is, why has no one showed the slightest interest in the Nanoco IP?

[slipperysidewinder] 25/8/2017 11:50

Mroz

If you listen to the recording from the last results you will notice that it was suggested that further cost cuttung was needed only if things were not going to plan. It is elequently explained by a poster on lse.
Today 11:33 Price: 27.25
BlahBlahDoh 58 posts
facing facts
"I'm not sure what dissaponted posters were expecting" I think many were hoping for some sort of confirmation that the apparently positive contextual news was translating into the ability to express genuine confidence in the future, not just more of the same false optimism which has proved wide of the mark in the past. At best, the waiting time has been extended, again. Not fully expecting cost cutting contingency plans to be introduced either, they were previously just a possibility if things didn't go as expected. Seems like an obvious indicator that they haven't. The solar 'eclipse' may have been expected by some, with hindsight, but for many it's a rare and terrifying event. Then there's the reduction of staff at Runcorn just as production is supposedly ramping up: must have surprised a few of the workers there too.

[roadster750] 25/8/2017 11:18

andy, "perched on pouffe's",lol

[andycapped] 25/8/2017 11:08

Regardless of what happens in 2018/19, and that is subject to projected sales, which may or may not materialize, the next few months are critical in that they're running out of money.

Therefore unless we see some good, brand named tellies with our dots in them and a scheduled date for production, as opposed to prototypes perched on pouffe's, then the share price is not going to get out of this rut.

A sustained low share price may well result in the company coming under a lot of pressure to sell its IP for probably well below it's market worth.

[boris cobaka] 25/8/2017 11:03

Mr Oz i'm simply saying that any retention of cash may just as likely be down to less spending as sales in fact based on their own comment far more likely.

[boris cobaka] 25/8/2017 11:01

Another 100k through on Nex and a large delayed 200k sell there.
Looks like Lombard or Griffith still not done. I suspect as someone mentioned earlier they'll have a decent slice at the placing price so selling now and will effectively buy back cheaper.

[nick9013] 25/8/2017 10:56

Damming! I'm bailing

[luxaeterna1] 25/8/2017 10:53

Dow revenue isn't going to explode any time soon. From the Edison note on May 2017. Once into full production it can only deliver around £1.5m per year to Nanoco without new equipment. Page 6:

"Dow has capacity to produce QDs to supply millions of square metres of display screen and could therefore generate greater than $2.5m per annum of royalty for Nanoco before investing in new equipment"

[bagpuss67] 25/8/2017 10:48

kuss. You did expect Merck announcement of a factory in the short to medium term. Todays rns isn't that encouraging on that front. looks like their interest has cooled? Watching developments and not planning a new factory

[mr.oz] 25/8/2017 10:41

bc ; stop kidding people on your agenda
We've known about their needed o/h cutting for months.
They have been in a sustaining phase for this period and have stemmed the o/h rate with revenue
There is potentially explosive growth for anyone not looking backwards

[wigwammer] 25/8/2017 10:35

Andy - I think the story is about 2018/19, not current sales. This is why the following line is key:"The Group ... expects to announce further orders from its healthy pipeline of projects"If we get further confirmation of orders building, the market will get increasing confidence about the medium term outlook.The trade off at the minute is the near term probability of further orders, the possibility of news on dow/merck, and the negative that they are likely to raise cash. Hard to call.But if you believe in the medium/long term story - there is little hype built into the price now.

[boris cobaka] 25/8/2017 10:31

andy is it income they've generated or money saved from cutting overhead?
I think it's mostly the latter which they were keen to point out.

[trt] 25/8/2017 10:27

Money to be made on the way back up it seems !

[andycapped] 25/8/2017 10:18

It would have been helpful if they could have included some detail on how much income they've received from Wah Hong and Dow since announcing they're commercial, that would at least give investors some idea of present income stream, however modest that might be.

Clearly these two companies are only just getting going on CFQD on a commercial basis, with Dow mothballing their facility until legislation swung in their favour.

At present costs, Nanoco need nine million a year to break even. Going by their figures at present, they're less than 50% of that, but they've only been commercial since the end of June. If the couple of million they've made between Jan-July is down to sales, then that equates to around a million a month. Clearly if that can be sustained or improved upon, then a cash call isn't going to be required.

However until we get to see a full set of accounts we won't know, and therefore open to speculation.

[slipperysidewinder] 25/8/2017 10:01

Syd

Do you not feel for the poor suckers who have lost an absolute fortune?

Do you not think it odd, the shortage of Director buying at these levels?

Can you not see the company is running out of cash?

Can you not differentiate between talking to OEM's and firm orders?

Do you think ever dwindling sp's are a positive for a company?

Do you think wasting a fortune on vanity projects such as hospitality suite and full listing were neccesary?

Dont you think phrases like , "patient investors have not got long yo wait' are reckless?

Do you think it is neccesary for ME to spend so much time away from head office as a positive?

Do you not get worried that so many promising projects such as DowOsram collapse or just come to nothing?

Do you not think it strsnge that Nanoco's only product is now being sold for discounted buttons as cannabis seed propergator?

Do you not find it odd that the company never receives a bid at these rock bottom prices?

Dont you find it odd companies like Wah Hong never make strategic investments in Nanoco.

Didnt you find last years acvounting discrepancy odd?

Nothing personal but even if Nanoco went belly up I doubt you would ever acknowledge you may be wrong.

[wigwammer] 25/8/2017 09:57

"The Group ... expects to announce further orders from its healthy pipeline of projects"Orders (plural)The last one resulted in a 30%+ rally.If they can get a series of orders going then confidence in the 2018/19 outlook will build.This is a 2018/19 story - read the Edison notes. Marginal sales 2017/18 with step change 2018/19. Little to dissuade from that forecast today.It's a great story, little hype in the price, very happy to continue holding.

[syd7777] 25/8/2017 09:54

Trt a bounce back to 33 by close ;)

[mrplay] 25/8/2017 09:54

Does anybody know about IFA do we have a tv philips? or acer? monitor or just a presentation

[trt] 25/8/2017 09:52

Could see a nice bounce from these levels. Got to be in it to win it !!

[syd7777] 25/8/2017 09:47

SSW could continue to post the for the rest of the day and into the night.I doubt his ranting will prevail to much,other then sore fingers.I don't think he/she will be here next Friday when the IFA starts in Berlin,the thought of a product with Nanoco CFQDs in,would scare the daylight out of Him/Her.

[mrplay] 25/8/2017 09:41

It came down from 2.80 to 105 then 75 soon 55 then 35. It is the lies and lies and lies. Trust completely broken.

[fillipe] 25/8/2017 09:40

Peel Hunt reiterate BUY and 75p target - just the same old number for most months since October 2016, when it came down from 105p.

It all seems a bit dotty to me.

f