Nanoco Share Discussion Threads

[andycapped] 25/10/2017 19:49

Samsung want to be careful throwing stones, when they're the worlds largest producer of small size OLED screens.

[supernumerary] 25/10/2017 19:12

Not just TVs - a lot of discussion about the Pixel 2 phone:

Samsung must be really enjoying this. As I guess are all the Chinese manufacturers...

[syd7777] 25/10/2017 17:35

Samsung looks right with their statement”OLED is not fit for TVs”.
Burn-in refers to a situation in which certain areas of displays suffer discoloration when turned on for a long period in OLED displays.

[bagpuss67] 25/10/2017 16:36

REMUNERATION COMMITTEE

The Remuneration Committee comprises Alison Fielding and Brendan Cummins. The Committee is responsible for establishing a formal and transparent procedure for developing policy on executive remuneration and for setting the remuneration of individual directors.

Terms of Reference for the Remuneration Committee

[bagpuss67] 25/10/2017 16:35

mwwh cummins is a non exec. whats the possible justification for giving him a bung? hes supposed to be overseeing fair play and ethics

[mwwh] 25/10/2017 16:05

Although I don't feel that ME has done a good job, his salary and total earnings are not exorbitant for his position. It was also important for key employees to remain invested. Their talents must be in very high demand. It seems that Ubiqd already employs several former Nanoco employees.

[mwwh] 25/10/2017 15:58

Welcome to the real world. The price of 18 pence was probably justifiable, since it let future institutional investors know that the board would take care of them. Benefits for the board were necessary in order to secure the vote.

[boris cobaka] 25/10/2017 08:58

Baggy thank goodness for the nanny state eh!
Imagine if we had to endure some hardship to achieve something. Tis better not to rock the boat and just suck it up....

No wonder brexit will fail.

[davemac3] 25/10/2017 08:25

How many employees does Nano have and what do they do day to day? They are not selling qds

[bagpuss67] 25/10/2017 08:03

Those who advocate an EGM now are clearly interested in their short position or those of their mates. I imagine the fundraising is precarious enough as it is. Sadly in the world of AIM like companies normal shareholders generally just have to accept this type of rigging and unfairness imho. The redress is too costly and damaging. Moreover if LOAM haven't taken this opportunity to get rid of ME then "normal" shareholders have no chance

[boris cobaka] 25/10/2017 07:56

It's scandalous. Rewarding failure.

EGM probably needed about now.

[bagpuss67] 25/10/2017 07:51

Brendan Cummins sitting on a paper profit of 25k at the current price if the placing proceeds. He’s just a non exec. I just don’t see how that’s allowed. Comical in the context of MEs statements to normal shareholders like us thanking us for our patience.

I do agree to some extent with crunch that the placing is subject to the fulfilment of conditions in the LOAM subscription agreement. That involves what management having told them being true......

[bagpuss67] 25/10/2017 07:36

The question for the meeting to me is why the directors have been allowed to participate in a deeply discounted placing. It is they who failed to commercialise the product or failing that not incur excessive and avoidable costs on nice to haves and a CEO living on a different continent. If the placing works and nano is successful ultimately those directors will simply gain the discount of the placing.

[ih_169538] 25/10/2017 00:26

The Fundraising is conditional, amongst other things, upon the Company obtaining shareholder approval for the issue of shares pursuant to the Fundraising on a non pre-emptive basis and the Issue Price (as further described below). A circular (the "Circular"), which requires approval by the FCA, will (conditional on FCA approval being received) be sent to shareholders in due course in connection with the Fundraising convening a general meeting (the "General Meeting"), to be held on or before 30 November 2017 at the latest.


Vote to pass first.They are probably canvasing who they think they can sell the magic beans to before then.Lets see if the vote passes first and if they can find some chumps to divest of their hard earned dollars.

[scantrader] 24/10/2017 23:41

Eh? The 18p shares have already been placed -deal done - no more available, regardless of the share price falling from here.

[syd7777] 24/10/2017 20:20

Crunch for the first time here you have made real sense,also except ME to sell over 50 before Xmas for his charity ;)

[ih_169538] 24/10/2017 19:36

Syd..realize that LOAM is going to suport this at this level to entice buyers at 18P...If this dropped to 18P they wouldnt be moving any paper

[syd7777] 24/10/2017 15:35

Someone selling a bulk to buy back at 18p?

[boris cobaka] 24/10/2017 15:00

big trade there. Must have been worked for quite some time.

[ih_169774] 24/10/2017 14:21

Nanoco Group PLC Wednesday said it plans to raise GBP8.6 million through a share placing at issue price of 18 pence per share.

Nanoco said the 18 pence per share issue price represents a discount of approximately 36% compared to the closing price of 28 pence per share on Tuesday.
Sounds like desperation with no revenues in site. What happened to Runcorn running 24/7?

[nowenterprise] 24/10/2017 10:42

That web address does not support https. Use this instead:

[syd7777] 24/10/2017 10:29

Samsung Electronics says OLED displays not suitable for TVs

[nowenterprise] 24/10/2017 10:20

It'll most likely be November

[boris cobaka] 24/10/2017 07:19

Maybe they should have gone the crowd funding route...

Apologies for not being around much guys but it's so quiet and despondent here.
Aren't some figs due about now?

[bagpuss67] 24/10/2017 06:56

It’s a fully subscribed institutional placing at £0.18 not $0.18.