Nanoco Share Discussion Threads

[pwhite73] 23/6/2019 13:49

NigWit

Thanks for that you've really summed up what I've been thinking. Funny you should mention patents. I was only looking up Apple and Quantom Dots this morning. Apple have taken out a number of patents over the last few years and are still experimenting and looking for the best solution on the whole subject. It is clear that LED displays using Quantom Dots is the future. From the little info I have picked up Nanoco do appear to be ahead in one respect. Their CFQD reduces current pixel size to 4µm. Its the smallest in the world if I am not mistaken.

Speak Later.

[bagpuss67] 23/6/2019 13:44

And you havnt yet shown that Merck have invested a substantial amount as you previously stated.

[davidw1] 23/6/2019 13:42

PWhite73. That the contract is for stress testing etc is one take. Why suggest thee is no issue with NANO or its product though. It seems to me that it means no orders will be forthcoming at this point. It could be a question of delay but I doubt it, as we might simply have carried on in the same vein, saying nothing, if that were the case. The contract looks be a bit ‘Norwegian Blue’or dead.

[bagpuss67] 23/6/2019 13:41

Six plus years since the peak Nigwit

Did your accountant tell you that one as well

[nigwit] 23/6/2019 13:27

PWhite73

A problem with Nanoco is that for the last four years, since the peak share price, the message boards have been used mostly by traders who got hurt to complain about their losses. Some of these complaints probably started out with the best of intentions but have gradually mutated into hatred for the CEO and the company. Anyone who has tried to adopt a less emotional, long term view has been mercilessly bullied and lampooned by them. On top of that there are the usual short-term traders trying to influence according to their individual positions. The result is that you have to pick very carefully who to believe.

My own view FWIW (and if you believe me) is that the company has multiple relationships with major multinationals but that the market has taken longer to emerge than anyone predicted and is still nascent. Again FWIW I do not think it's a safe short term bet and I never have done. That is not to say it won't bounce or that it won't recover completely eventually since there are many uses for quantum dots.

Earlier I stated the bull case. The bear case is that the IP is worthless since there could be a buyers' strike that would force the company into liquidation. Personally, I think there are too many potential buyers for this to be a plausible scenario but it is not impossible. Buyers could include: all the major display OEMs, Dow/DuPont, Merck and all the other large chemical companies, Apple and other large technology firms, hedge funds, merchant banks, and any number of Chinese technology companies outside our radar.

I spent two months reading patents and RNS reports before first buying two years ago. Meanwhile, I've spent a few minutes every day catching up on patents and developments on the internet. I almost got the timing right but in hindsight we know from last week that one decision, that turned out to be binary, went the wrong way.

If you're a serious long term investor I'll be happy to share my knowledge but not on this forum because it will take too long.

If you're a curious trader I don't think you'll get to a sufficient understanding quickly because it's a very complex business. Even after all this time I find more to learn ever day and get things wrong sometimes.

I hope this helps.

[andycapped] 23/6/2019 13:14

There is a difference between now and before the US company partnership, prior to that we were expecting first commercial displays in Q1 2018, then it got kicked down the road, here we are in Q2 2019 and all they can say is projects are still active. No display and about 12-18months cash left at present costs.

[74tom] 23/6/2019 12:34

Whichever way you think the share price will go, you have laugh at Investors Chronicle - they had a buy rating at 46p in April even though they must have been aware that 90% of revenue was from one customer - then they switch to sell at 8p on Friday! Truly an embarrassing publication at times & their tips are to be avoided!

[howl01] 23/6/2019 12:34

Really poor state of affairs when no confidence in BOD. Next week should be fascinating!

[pwhite73] 23/6/2019 12:34

Well then they have to be lying when they state - "The US Customer has now informed Nanoco that the project will not continue beyond the current contract, for reasons wholly unconnected to the performance of our materials and our service delivery."

It is the US customer that has informed them its nothing to do with their materials and service delivery not them telling shareholders that.

[rathean] 23/6/2019 12:29

More likely that the testing did not meet requirements, I wouldn't trust this bod to be up front about anything especially after selling shares ahead of the news becoming public.

[howl01] 23/6/2019 12:27

Exactly - they want to see the fruit of their development whether it is intended to continue to market or not.
Neither will they allow Nano to use for a 3rd party. Still can't quite figure why the partner (or Nano possibly) needed to inform of intent not to extend so early? Still 6 months to go til end of current. Almost intentional?

[pwhite73] 23/6/2019 12:26

davidw1

My understanding was that this was a stress test and commissioning contract that's all. Could it be the US company is now satisfied with the product and will put it into production later in 2020 when its 5G mobile is due to launch? Just throwing around ideas.

[pwhite73] 23/6/2019 12:24

NigWit - "Its very nice of all these new uninvested posters to descend from heaven"

We didn't descend from heaven we descended from 'ADVFN Top Percentage Fallers List'.

Where I'm getting lost is when people claim the company has nothing else going for it but the contract with the US company. I just highlighted a partnership with Plessey Semiconductors announced on 04/01/2019 to produce QDs for 2019 (that's this year). Some are saying the partnership is already dead well where have they got this information from?. On Wah Hong website they clearly state they are using Nanoco's QD's is this all dead as well?.

[davidw1] 23/6/2019 12:19

Is the reason that The American partner is honouring the contract not simply because it must do so under the terms of the contract, rather than out of a sense of social responsibility?

If the conspiracy theory that it is Apple and they want to make a low ball offer is true (could well be) then continuing the contract to its conclusion suits them just fine too. Either way they could lay there hands on the IP at low cost.

[my retirement fund] 23/6/2019 12:18

Guessing this is another Woodford scam start-up blue sky pile of crud ?

[howl01] 23/6/2019 12:11

Agree Andy - only pinning hopes on IP value now and a well managed (Mike exit) restructure and raise or sale.

[nigwit] 23/6/2019 11:36

Its very nice of all these new uninvested posters to descend from heaven and pontificate. Most of them don't even seem to know on which market the company is listed.

I don't like McDonalds but I don't go into their restaurants and tell them. I just go to a deli.

The bull case is easy. The company is now in exactly the same position as it was before Apple were ever mentioned except that Apple are now a prospective customer for the future who, for reasons unknown, want the stress testing to complete as already contracted.

The shares were valued at circa 25p by the market before Apple.

No-one knows what the short term direction will be.

That's it.

[andycapped] 23/6/2019 11:32

Still zero products, and Plessey are actively looking to remove the need for QD's. They may not achieve that, but they already did it for the green emitters. Also very tiny displays, meaning small amounts of QD's, so they'll need to sell a shed load of them to make decent money.

I think most of us saw the Plessey deal as something good for a year or two down the line, we need something now, which was supposed to be the US corp, and that is now dead.

I checked the short tracker, they don't have to report below 0.5%, and GMT last listed as 0.44% short.

It may be someone going long of course, but it's a complete shot in the dark for any PI and probably most II's.

Makes no difference to me whether you make a profit or a loss, I've no desire to see the share price plummet, quite the contrary, but I am seeing little to underpin this now based on evidence to date.

[bones698] 23/6/2019 11:29

Offer the best solution ? So that's why they have pulled out ?

24m mkt cap really has amazed me and I'm now more convinced this has further to fall . Buying on Friday and holding over a weekend of bad press is a really poor decision imo . Should always sell intra day and reopen after initial fall to trade . Aladdin sorry but your an amateur and might end up losing here .

[pwhite73] 23/6/2019 11:23

bones698



"Nanoco and Plessey partner to shrink full-colour microLED pixels by 87% using quantum dots"

"“Quantum dots offer the best solution for today’s emerging display requirements. The nano-sized emitters with narrow band emission make them a suitable solution for Plessey’s microLED display roadmap, which will see pixels being driven down to 4µm in size by 2019.”"

That partnership was in RNS 04/01/2019.

[bones698] 23/6/2019 11:22

Next week will see but I expect another big fall Monday say 25% followed by 10 to 15% Tuesday . Traders can made a small amount but it's risky to trade this now . 24m mkt cap wow that's ridiculous given the state of play here

[pwhite73] 23/6/2019 11:19

aladin1033

Its just a different interpretation of the terms 'percentage rises' and 'from' that's all. Nothing in that to prove anybody can't add up.

[bones698] 23/6/2019 11:18

Aladdin and anyone else please explain why this is worth 24m mkt cap now ????

6m in the bank
A facility that's not going to get used after December
No customers
Potential huge rights issue needed
Suspect tech given the one customer is pulling out before production

Based on that 2p looks a fair value imo or the 6m in cash and when that starts to dissapear down it goes .

Pwhite what customers do they have ? I know loads of pharma's that have agreements in place that result in nothing all the time but actual sales is a different story . Now nano has none and their ip is suspect otherwise why have they pulled out ???

[pwhite73] 23/6/2019 11:15

bones698

You paint the worst possible picture. On that basis many of the pre-clinical stage pharma companies and oil/gas exploration companies would all have a zero market cap. They have no commercial products, never sold a single thing and do not have a single customer. Shareholders do know that Nano has relationships and valuable IP.