Nanoco Share Discussion Threads

[andycapped] 01/9/2017 16:46

Quite a few more larger auto sells today, so wouldn't be surprised to see LO reducing their position yet again.

[slipperysidewinder] 01/9/2017 16:40

This is what makes me believe that the order is as my scources tell me. Not significant. And, yet again there are no figures.

Basically, the company is trying to make a single snowflake look like an avalanche of orders.

All to keep the traveling snake oil sideshow on the road to nowhere.

[andycapped] 01/9/2017 16:36

In my view if they had something to crow about at this stage, they'd be doing so.

The fact that any news is vague, with a lack of specifics says a great deal.

I can't see how it would be breaking any confidentiality for instance to state how many kg's of resin have been shipped to Wah Hong.

So who will it be that applies pressure to Nanoco's board, the institutional investors?

[bagpuss67] 01/9/2017 16:12

fair point but this is way more specific in its implication..albeit still we cant really believe it..

The Group's key short-term focus is on 10 TV and monitor projects with five companies

[andycapped] 01/9/2017 16:11

There shouldn't be any bonuses or free shares handed out, they haven't delivered on this heir promises.

[robotface] 01/9/2017 16:05

Autumn starts today and so time inches ever closer to ME's annual share sale for 'tax efficiency' purposes. They said they were dealing with 9 OEMs years back, 1 commercial sale has ultimately resulted at undisclosed quantities. At a rate of 1 in 9, 13 OEMs means nothing statistically.

[mr.oz] 01/9/2017 15:58

SSW made a valid point a while back, contracts require due diligence.

We could be seeking funding first, bigger contracts later. Unless they come as a pair which does not have to be particularly fair

[andycapped] 01/9/2017 15:15

Nanoco have a very extensive and expesnive BOD. I think the majority of those can be handed their cards, as they're not value for money. Same goes for all the non executive roles.

We want the engineers, scientists and production people and someone that can go out there and get the sales, if they exist.

[bagpuss67] 01/9/2017 15:05

remember Mr Griffiths was out some time ago? having bought back in not so long ago? what made him do that?

[andycapped] 01/9/2017 15:01

Seems the ii's got a weeks heads-up on the report from Edison, that's when they really started offloading, although it only appears to be one, Lombard odier that have reduced in any reportable quantity.

[mr.oz] 01/9/2017 15:01

I'd agree with your comments BP now and fits in with my previous lack of apparent accountability
I was OK with the TU, prepared to wait for some indication dual sourcing the big S was in the wings
I was thinking they were maybe under promising with the Note ( learning from mistakes)
IFA was yet another damp squib.

This has the feel of a scam

[bagpuss67] 01/9/2017 14:33

Worse. It seems that major shareholders have traded based on the true position not the spin in the rns's. How many times have we seen all this before. Nothing ever gets done about it.

[bagpuss67] 01/9/2017 14:30

Crunch. That's my point. It should not be acceptable for the directors of a listed company supervised by a Nomad to make statements that are misleading (if indeed they turn out to have been). The statements at the prelims and in the "trading" update do not seem to tally with reality or the Edison note.

[ih_169538] 01/9/2017 14:09

"I've got some magic beans for sale" Bagpuss..thats what the company has told you

[slipperysidewinder] 01/9/2017 13:45

Are we about to breach 25?

[slipperysidewinder] 01/9/2017 11:21

Mrplay

What makes me laugh is I told you all of this moons ago.

[bagpuss67] 01/9/2017 11:04

progressed well
Feedback and lead generation from CES was encouraging
brought forward its investment
first commercial order
sales pipeline remains full
short-term focus is on 10 TV and monitor projects with five companies

[balaura] 01/9/2017 11:04

A cash call may follow AFTER the first order for Dow, or the second order for Nano. The orders could happen any time now, and surely not later than beginning of 2018, when Phillips & co need to sign new contracts and become Cd-free by late 2018.

[mrplay] 01/9/2017 10:44

2017 zilch zero nanda from royalties. Dow is not producing! 2018 they are looking at 1 million not the 4 million they first thought.

the company will almost CERTAINLY NEED to raise more cash to reach this point.

So what is your take on that. 1, play the lotto. 2, pass the cup around for handouts? 3, cash call?

It was not until I read anon's comment that nanoco use the report to speak to share holders. They are clearly stating they do not have the cash to keep going and will need to raise it.

[bagpuss67] 01/9/2017 10:23

Commercialisation

Nanoco's Runcorn manufacturing facility has been extensively enhanced - with costs substantially reduced - to enable the Group to supply commercial quantities of its product to fulfil the anticipated volume of future orders. It now has capacity to produce enough CFQDs to supply approximately one million large TVs, operating on a 24/7 shift pattern. Further capacity can be achieved with limited capital expenditure and will be brought online as demand increases.

The Group's relationship with Wah Hong Industrial Corporation, its optical film partner, has progressed well. Product from Nanoco / Wah Hong was used by three manufacturers, Hisense, TCL and TPV Philips at CES in January 2017, to demonstrate prototype large screen, UHD, wide colour gamut LCD TVs. Feedback and lead generation from CES was encouraging and further validated the market opportunity. As a result, Wah Hong brought forward its investment in a new coating line which is now commissioned and capable of producing films to fit up to 100 inch TVs. These developments resulted in Wah Hong placing the first commercial order for CFQDs from Nanoco in June 2017.

Nanoco's sales pipeline remains full with the same number of OEMs and programmes as stated on 30 June 2017. The Group's key short-term focus is on 10 TV and monitor projects with five companies, however Nanoco will continue to develop further opportunities in the future.

[bagpuss67] 01/9/2017 08:48

Those of us unable to trade on inside knowledge have to rely on the accuracy of what the company tells us itself.

[bagpuss67] 01/9/2017 08:30

yes sorry sd. However, is the language in the Edison note totally consistent with a company claiming to have more near term opportunities than at any time in its future and working with many OEMs with some programs near to commercial launch. IS the company misleading investors like me with its own actual rns communications and what it said at the prelims. Are there near term products to be launched or not?