Nanoco Share Discussion Threads

[hardrider8] 08/9/2017 10:28

All depends what price they raise cash at frisky. If its 15p then the drop is definitely justified. I suspect it will be at around 19-20p

[syd7777] 08/9/2017 10:27

Hardrider8 most unlike you know me here,over the last few years 1 have been a holder for 98% of the time.Although I have slated ME and the PR,I have never given up my belief in the tech.

[mrplay] 08/9/2017 10:27

Without a statement, it will continue to go down. LO has been triggering stop-loss markers hence the share price dipping and dipping. The problem with LO they just do not want any more. ME failed them and now they want to move on.

[friskywookie] 08/9/2017 10:24

I'm in a bit of shock at the price capitulation over the last couple of months. I understand a justifiable drop due to ROHS extension but a 50% drop in a few weeks is only caused by LO dumping huge volumes. We all know there is going to be a rights issue but does that justify a 50% drop in a few weeks? No it does not. I will freely admit I was wrong about my view that it was close to an inflection point in sept however before anyone says I told you so no one saw this drop coming, not even slippy.

The problem is now that LO are reducing, that is driving the price down, which leads to further losses on an existing LO position so the decision is to reduce further then repeat the cycle.
3 months ago nanoco had its first commercial order (albeit of unknown and so probably low value) but critically the president of WH said there will be follow up orders (plural) this year. The market cap was around 75 mill and slippy (along with most of us) saw the bottom at 35.
This all points to one thing, a massive market overreaction. Yes They are running out of cash and yes there will be a rights issue but yes they will be getting further orders this year and yes the market is expanding and yes they are at late stage assessment with 5 OEMS. A 20% drop in a single day generally only occurs when significant negative news has come out. It has not therefore the only reason for the drop is a large holder selling at any price thus causing panic.
There is nothing nanoco can do about the LO decision, I imagine there have been some frantic investor calls from ME but he should also do the same for us. Staying silent when the value of your organisation is halved over 3 months is a incredibly idiotic head in the sand approach.

[hardrider8] 08/9/2017 10:23

see my previous post about buying here. Clown. Problem with you is SYD you sing a different tune depending whether you are in or out of this stock. That is why people cannot take you seriously.

[slipperysidewinder] 08/9/2017 10:19

Rob

Thanks for your refreshingly honest and realistic assessment of exactly what is going on here.

Sorry to here of your loss but good luck in the future.

[wjs81] 08/9/2017 10:18

No he hasn't. He's a manipulative individual who has repeatedly peddled fictional negativity for his own personal gain. Over a long period of time he is either going to be proven right or wrong - a 50% chance. He disappears off the board when things have looked promising then returns bursting with self-importance when he senses the value is falling. In this instance it's eventually fallen his way, but there have been multiple occasions historically where his scaremongering predictions have failed to materialise.

Please don't feed his egotistical, over-inflated sense of purpose.

[mally6] 08/9/2017 10:14

Syd die hard last man standing switch the lights off when ur finished

[syd7777] 08/9/2017 10:11

Hardrier8 we will see who's the clown in a months time.Sell up and stop posting if you are not a holder.

[hardrider8] 08/9/2017 10:06

i see SYD777 i still a clown aswell.

[robstill] 08/9/2017 10:05

I haven't posted on this BB much before but have been a long term holder. I can confirm that is me all out. Probably part of the reason for the share price drop in the last hour! It was difficult to unload my total holding and I've crystalised significant losses having patiently stuck by Nanoco and been sucked in by the spin for the last 3.5 years. The reason for giving up now is simple, i no longer believe or trust the board and there is a total lack of information and transparency on which any sound decisions can be made and it is just not worth the amount of head space it is occupying trying to second guess it and worry about what is coming next. (i have felt this for a long time but have made the school boy mistake of letting my emotions get the better of me). Enough is enough. Take the supposed first commercial sale, where are the details? Even if they can't say who it is going to due to NDA's why can't they say the size of the deal? Either it was all made up (it feels like anything is possible) or it was so insignificantly small it would have been better to not announce a deal at all. Either way this last point really upsets me because it totally mislead investors and only a few weeks ago the share price was in the mid 40's as a result of it. I think the RoHS situation has changed things, not having converted Philips (and presumably TCL / Hisense) concerns me, maybe the product just isn't good enough. There will be delays in any sales as a result of RoHS and i have convinced myself they will need to raise more money somehow. Lesson learned, don't be greedy thinking you've spotted the next 10 bagger and never invest in a jam tomorrow stock! As a minimum they need to already be selling their product and making money! GLA.

[syd7777] 08/9/2017 10:04

Lombard sales have brought a great opportunity for me to buy this week at 23.73 and today at 18.25.

[hardrider8] 08/9/2017 10:03

long term trend here has been hit, volume spikes on the 5 min chart. In here for a trade. Good risk reward.

[slipperysidewinder] 08/9/2017 10:02

The money that has been blown here on vanity is unbelievable.

ME made sure he got his big house and boat stateside well in advance of the chickens coming home to roost.

You couldnt make it up if you tried.

[mr.oz] 08/9/2017 09:57

trt , you might be right one day , but the trend is such that it might be the first time being so for 100 days

[syd7777] 08/9/2017 09:56

Slippy predicted 10p by the end of January 17.Could not resist buying at 18.

[trt] 08/9/2017 09:56

Watch the share price once it turns the rise will be quick - some could get burnt here

[slipperysidewinder] 08/9/2017 09:51

You can move an AIM company to a full listing, but that doesn't make it a business.

[wanttowin] 08/9/2017 09:50

Well done Slippy, you are the only one here who has called this right all along.

Glad I bailed out ( with losses ) after the august update.

I hope Edelmans yacht is sinking as fast as the share price !

[slipperysidewinder] 08/9/2017 09:47

Remember all you guys laughed when I predicted 15p by year end???

Just thought I'd remind you.

[slipperysidewinder] 08/9/2017 09:45

Time for another top up wigwammer?

I mean just to average out like.

[bagpuss67] 08/9/2017 09:40

trt. That's the point. They haven't said that despite the cataclysmic share price fall.

There is a reason for the fall.

All Im saying is that there is no complexity in the business. Its just cash and costs and we know that there is six months cash to over the costs.

[davr0s] 08/9/2017 09:39

At best the IP would be in a fire sale and at worst it will be the administrators selling it to no benefit of shareholders.