Nanoco Share Discussion Threads

[bagpuss67] 24/12/2018 11:15

Edison update suggests no issue and contact on track. FY20 revenue estimate £13m

[notimpressed] 24/12/2018 10:51

H1 fy 2020 is 6 months away

[from8to800] 24/12/2018 10:31

Production commencing H1 fy 2020Move along folks, nothing to see here.

[notimpressed] 24/12/2018 10:09

bagpuss "other deliverable's" means in addition to the original agreement.
and yes they are moving into pre production and testing in preperation for
production commencing H1 fy 2020.
Mr oz 12 months ago I was as cautious as yourself with regard to nano's
prospects, but the collaboration with the yanks really is a game changer,
it is real and tangible, their for all to see. Just lets hope donald duck
does n't send us all to the promised land before we reap the benefits
of the latest development

[mr.oz] 24/12/2018 09:55

Milestones make it sound measurable
We have no real idea about them or the next phase.
Smoke and mirrors

[iomdm] 24/12/2018 09:52

I read the comment in conjunction with the press release of 23rd April which announced the second agreement with the US business. This, as I understood it, was to further develop the relationship and product supply. I think they were using the existing premises for (at least some) of this development. I see no inconsistency or reason to fret in today's news release.

[bagpuss67] 24/12/2018 09:45

“We are pleased to announce the delivery of the third and final milestone for our US Customer. We continue to discuss other potential services and deliverables and our aim is to deepen and lengthen our relationship with this important collaboration."

Sorry not impressed. This quote clearly relates to the US partner as they are mentioned before and after the extract you site.

It is I admit though possibly supposed to be about further agreements with the US partner rather than the materials development and supply agreement

It’s just the earlier language about third and final milestone when combined with this statement that concerned me.

As someone else pointed out earlier i think some more care could have been taken to say we now move onto the commissioning phase if that’s what’s still happening

[notimpressed] 24/12/2018 09:29

bagpuss, you are misreading the statement, when they say
"We continue to discuss other potential services and deliverables"
they mean sales not related to the american tie up, ie continuing
their display, lighting products etc.
The runcorn expansion is entirely consistent with their previous
announcements, completion Ye 2018, stress testing and fine tuning
H2 fy 2019 (jan-june 2019). commercial production H1 fy 2020 (july-dec 2019)
nothing has changed and the final payment means it is on track to
achieve the agreed objectives

[bagpuss67] 24/12/2018 08:39

“The Runcorn plant will enter its next development phase in January 2019 when it will undergo commissioning and stress testing prior to commercial volume manufacture early in the first half of the next financial year.” Quote from the AGM statement.

Please shout if I’ve missed the point but those saying they need to be cagey now is fair enough but they weren’t in the statement which says WILL not we will now start a conversation about the future

[bagpuss67] 24/12/2018 08:27

Yes Dave the tasting phase was presented previously as a natural/ agreed progression. Not here’s your facility now we are going to start discussing what next

[davemac3] 24/12/2018 08:24

They could/should have said the facility was now in production to supply materials for sale next year

[trt] 24/12/2018 08:24

As with all commercially sensitive announcements it is very difficult for the company to say exactly what they want to say to their investors. Royalties are possibly the best way of providing investors with a good idea of how these contracts are going. To an extent this is what we have this morning.

[bagpuss67] 24/12/2018 08:19

Possible that they have delivered and the partner is not being as forthcoming with phase 2 as imagined. So Nano just announcing they have done their bit. And they are hoping they can turn the contract around rather than it be yet another failure

[bagpuss67] 24/12/2018 08:14

“We continue to discuss other potential services and deliverables”.

I thought previous announcements said that they WOULD move to a stress testing phase.

I think the comment above is potentially inconsistent with what’s been announced before and probably causing a lot of concern for investors.

[bagpuss67] 24/12/2018 08:03

Wtf is that announcement.

[jam_jam] 24/12/2018 07:48

did anyone from the company actually proof read the RNS, before publication. just asking for a friend.

[notimpressed] 24/12/2018 07:46

always look on the bright side of life

[diesel] 24/12/2018 07:45

Slightly confusing response, but no, a milestone is just that, and further business is presumably looking to widen the scope/opportunities. As I understand it, and they are being very cagey, the milestones were all about building the facility.

[davemac3] 24/12/2018 07:14

Is that it with Apple or whoever? Sounds like they need to renegotiate further business. 4.2million, meh.

[mr.oz] 21/12/2018 18:59

However,, all site showing down...
Anything else more relevant?

[jfacwc] 21/12/2018 16:45

Gave up on ADVFN info ages ago. makes no sense whatsoever, just wonder why they even bother to display trades at all?LSE seems little better.Analysis is hard enough surely, without them adding their inadequacies to the pot.Be glad when Nanoco starts having better Fridays. Hardly much in the way of Christmas cheer.

[notimpressed] 21/12/2018 16:40

hl showing 2.4mil and advfn showing 250k total shares traded

[contact2fsnetcouk] 20/12/2018 17:47

Only double ?? :-)

[mip55] 20/12/2018 08:01

Sharecast News) - Peel Hunt has named 29 companies it believes will double in value in the next two to three years........Nanoco was a tech pick, as its new facility to make cadmium-free quantum dots and nanomaterials for its large US customer should be completed by the end of 2018, with volume production expected in the first half of 2019. "This should be transformative for the company given the rapid growth in the sensor market," said Peel Hunt's analysts, with industry forecasts is for the 3D imaging & sensing market to increase from $2bn in 2017 to close to $10bn in 2020 and over $18bn by 2023, as Gartner calculated that around 40% of smartphones will have 3D sensors by 2021. The target price is 67p.