Nanoco Share Discussion Threads

[bagpuss67] 15/5/2019 18:29

In any event, plessy revenue that may come several years in the future will not happen if Nanoco is no more. If there is no PO from the US customer or even if its delayed Nanoco may run out of cash. The runway it has was clearly set out at the interims. Will equity investors really pony up again

At the end of 2019 if no PO there is expected to be 6m of cash and no revenue is visible at this stage. That is only c 7 months away

[mrplay] 15/5/2019 18:24

The big question is if mike knew that a further rohs extension is likely leading him to sell the majority of his remaining shares. He only seems to fight for his own money. When will he fight for nanoco?

[nigwit] 15/5/2019 18:22

That was a good example of the gratuitous fake indignation i mentioned earlier. The stall is not deserted, or at least you don’t know that for certain. It’s more likely that the photo was taken before the doors opened.

———;——̵2;

I don’t know what revenues AR glasses will generate in FY20. They are possibly insignificant at the moment even after yesterday’s announcement from Vuzix. However, you might have read articles that predict AR glasses are forecast to supplant smart phones in the next few years. The big smartphone makers, especially Apple, need something to replace current smart phone technology, which has stopped growing revenue due to lengthening consumer replacement cycles resulting from a slower rate of new innovations. You can verify this on google.

I also found this press release dating from CES on Vuzix’s website

hxxps://d2iankuf53zudv.cloudfront.net/Content/Upload/PDFs/1_10_2018_Vuzix_Innovation_Showcase_CES_2019_Final.pdf

Here’s an extract concerning MicroLED displays

“The size of the entire display engine is approximately the size of a pencil eraser
and will allow future AR smart glasses to have a virtually indistinguishable look and feel from normal eyeglasses“

You can see the normal sized AR eyeglasses on the display stand. These are currently ahead of the competition. As investors we also look for share buying opportunities ahead of the market.


———;——-


As a footnote. if you check the male model wearing the current Vuzix Blade glasses on their publications you may notice that he’s wearing clothes by Arc’teryx, the upmarket Canadian outdoor clothing brand. If you visit the Arc’teryx website you’ll see the same male model so it looks like Vuzix they are cross-marketing with high profile brands already.

[bagpuss67] 15/5/2019 17:51

A deserted stall. Nigwit. What sort of revenues are you thinking this may generate for nanoco in FY20?

Weve been through many CES shows and other conventions where this prototype or that retro fit is displayed but it's not led to revenue

[nigwit] 15/5/2019 17:38

Suggest look closely at the image.

[bagpuss67] 15/5/2019 16:37

Ars we looking at mid 30 here now. Could be a long wait for news. Presumably its a biggy then PO, delayed PO or worse no PO

[bagpuss67] 15/5/2019 14:34

But clear cynical taking out of 40p stops

[bagpuss67] 15/5/2019 14:33

I guess people do need to hold stops here as if there is a problem with the US customer or they don't place a follow on order we are at 10p

[jfacwc] 15/5/2019 13:47

Good replies from all. Thanks!

[ghaon] 15/5/2019 11:47

you pays your money and you takes your chances

[notimpressed] 15/5/2019 11:41

expect an rns announcing a significant holding reduction
by one of the big II holders

[ghaon] 15/5/2019 11:39

They can drive it down in seconds to take out any stops, but driving it down over a longer period allows them to panic holders who don't have stop losses in place - as well as those that do - and therefore accumulate more shares. The suggestion is there is a big order to fill. As far as I'm aware nothing has changed with the NANO narrative. Brian Tenner remains confident that the numbers will meet the forecasts. Also, Chris Batterham (NANO Non-Exec Director) recently purchased in April 125000 shares at just over 47p.

I remain fully invested and may add on this weakness.

[nigwit] 15/5/2019 11:38

I’m not a big fan of MM conspiracy theories but I recall a day in September 2017 when it plunged from 23p to 17p ahead of the intraday Carewear RNS then completely recovered that afternoon. There was an apparent shake a few weeks ago too

There’s no obvious news I can find today either. Maybe it’s just nerves bought on by Edelman’s sale and it will bounce on the next good news.

Glad I’m not trading though. No knowing which way it’ll go short term.

[jfacwc] 15/5/2019 11:28

Surely the mms can drive a price down in seconds? I fail just at this point to offer such a rational (?) explanation, over the course of weeks ...

[jfacwc] 15/5/2019 11:25

What is the likely bottom point of this trend? 35p? 34p?

[ghaon] 15/5/2019 11:24

Personally I think the share price drop following ME's sale is more about an ii accumulating. The MMs are driving the price down off the back of ME's sale to fill an ii order. Let's see if a holding RNS come out over the next few days.

[jfacwc] 15/5/2019 11:17

Hardly fake ....

[nigwit] 15/5/2019 11:08

You are most welcome. Far too much fake indignation on this share. Very suspect in my view.

[hashertu] 15/5/2019 10:50

NigWit. Thanks for the links. I, for one, found them interesting, whatever the implications for Nano.

[jfacwc] 15/5/2019 10:03

All this talk of Plessey, Vusix, Flir. Etc.. etc..Maybe ME's wondrous decision to sell up has no impact on nano ...???What has happened to the secret US partner activity?Certainly, the share price in totally unimpressed.

[iomdm] 15/5/2019 08:34

howl, give it a rest.

[howl01] 14/5/2019 22:28

Maybe there's just another poster out there with sense Nigel. I do like FLIR though - would be a good partner I believe. Maybe more wishful thinking though than anything else.

[howl01] 14/5/2019 22:23

I nigwit I. We aren't convened.

Still can't stop laughing. Giggles today.

[nigwit] 14/5/2019 22:22

*concerned with.

Howl01. Your modus operandi, your obsession with poking my eyes and references to FLIR are identical to Crow2’s. Even your nicknames have similar formats.

He’s a very manipulative character with a record of getting his strident calls wrong. He didn’t predict the share price going up after the results when there was heavy institutional support from Oddo and only one poster even suggested Edelman might follow precedent and sell afterwards. After the last full year results in `October he said he’d buy in at 24p when the price was at 34p; it then rose to 55p at which time he said he’d sold having spent the last year dismissing any positive posts.

One has to be careful who one pays attention to.

[nigwit] 14/5/2019 22:11

Yes, an order of magnitude larger than required for waveguide AR glasses, which is what we’re convened with today.