Nanoco Share Discussion Threads

[mrplay] 07/8/2019 19:59

He is dual nationality. And out of the partnerships have we got a single product? Please tell me which tv contains nanoco dots?

None, no display, no sales and no commercial contracts. Very soon none of the fund raising money left either

[nigwit] 07/8/2019 18:13

The CEO who bagged Apple, Dow/DuPont and Merck after moving his whole life to the USA to do so.

What have you done to entitle you to be so judgemental as to conduct a vicious, personal, three-year-long crusade of hate Play? For instance, have you ever sold a new platform technology to a major corporation?

[mrplay] 07/8/2019 17:50

Just think £130,000 and you can 1 million shares, same amount of shares as the Ceo. Yet just a few weeks earlier he bagged £900,000 from selling 2 million shares.
Hummm £900,000.00 vs £260,000.00 no way he could of known. This is the character of the CEO multimillionaire Mike.

[nigwit] 07/8/2019 14:53

Sometimes even I lose my patience. The company was quite clear in the interim results that the second Apple contract, which was for research, was already fulfilled and cost Apple £1m and that they were hopeful but not certain of a supply contract to utilise the new factory extension built under the first contract.

Only someone who was not up to speed would not have forgotten these essential facts.

It is a problem with these boards that people who aren’t following the story completely or who have unreasonable expectations get confused or indignant and then confuse others.

This is not about disagreeing so much as knowledge and perspective.

[davidw1] 07/8/2019 14:24

NigWit. In an earlier post you say “can’t take anyone who gets so personal seriously”.

Shortly afterwards, you infer there are “idiots” that cannot read an RNS on the Board. We all have views but not being in agreement does not make anyone stupid by itself.

[nigwit] 07/8/2019 13:51

The RNS wasn’t ambiguous at all. You just didn’t know how to interpret because you weren’t up to speed.

What’s more, if Apple had made a different choice the whole situation would look completely different and if major investors agreed with the moronic hate campaign we see here and elsewhere then ‘Mike’ would have gone long ago. None of these idiots could get a meeting with Apple, let alone £17 million.

I say there’s much more to this story yet and that the few vocal critics are on thin ice.

It will only take one sales order. Bet against that if you like. Me, I think the tech is sound and will find multiple markets in the next few years, or sooner.

[paulpaolo] 07/8/2019 13:11

Nigwit, normally I agree with you but it was definitely rude of Mike edelman to sell so many shares directly after a bad RNS had gone out before anybody else had had time to read it, which is what I infer happened given the sell price, and it was anyway ambiguous as to which Apple contract it related to (he alone would know that) ...so I am on the side of the other poster, that he has behaved badly. On the other hand him buying back at 13 pence is highly reassuring

[ih_332411] 07/8/2019 12:51

MrP- You may right about Edelman's selling but one would think if something illegal transpired there the regulators will discover it and punish him, if warranted. On the other hand, Edelman cut a deal with Apple and got them to build Nanoco a plant. While the final responsibility does get assigned to the company leader, how is it right to blame Edelman if the deal fell apart because of another link in the sensor supply chain or the Trump/China trade war? Sometimes poop happens and it is out of your control. Also, it's reasonable to see Apple's behavior in regard to the capital and the release of the plant utilization as an indication that they have an interest in keeping a relationship with the company alive. They do not always show mercy to their suppliers.

[lauders] 07/8/2019 12:22

You are wasting your time mrplay. Bulls never listen. If you are a holder, thankfully only a small position in my case, just stick the share certificate in the bottom draw or forget the holding in you account and just hope that some miraculous news appears to get out of NANO without further loss of capital. Of course, if you are a brave type you could believe in the CEO and other BOD members who have done such a wonderful job over the years and average down. Not something I would personally consider now as I have learnt my lesson with this one. Good luck.

[mrplay] 07/8/2019 11:14

Just stating the facts. Funny how mike sells 2 million shares at 45p then 4 weeks later buys back at 13p. Or the previous years selling high then buying back let’s say at 18p the last dilution. Well that is definitely one of his claim to fame raising £35 million for what? Still no sales and how many members of staff have been made redundant? Redundancies then recruiting then redundancies. Meanwhile the ceo knows just the right time to sell. His £2 million share sells to pay for his new house in the states from his Rns of the lg deal. Funny how a man on over £300,000 a year with no mortgage constantly needs to sell his shares. He is nanocos biggest failure. He has blamed others hence some many directors leaving. We need a new ceo. I honestly can not see this company succeeding. A buy out and huge pay for mike yes. But no commercial future with mike at the helm. Many will agree.

If mike is a great ceo. Where are the products? Where are the sales? Where are the contracts.

He has always been in over his head.

[nigwit] 06/8/2019 18:08

You’ve been ranting on and on about ‘Mike’ all over the internet for as long as I can remember but your personal hate campaign has achieved zero and you’ve recruited no-one else to it but a few regular BB posters.

I can’t take anyone who gets so personal seriously.

[mrplay] 06/8/2019 18:02

Not really. Nigel kind of created the product. It was mikes job when he started 15 years ago to turn the company to a successful company to carry on funding other areas such as cancer screening, agricultural lighting. Kind of make the world a little bit better. His main role was to focus on the area they could make the greatest financial gains ie display. Even mike stated this in his many many display videos over the years. We are at an all time low and no contracts.

Anyone else find it strange that the failed ceo only holds 10% of his shares while other directors barely sold any.

How times have we been told so close only for mike to then sell and months later to find out more disappointment.

We backed the right horse just got a lousy jockey.

[bagpuss67] 06/8/2019 14:48

Don't forget the guy in his shed with the Budmaster lamps!!!

[howl01] 02/8/2019 19:21

You are clueless Nigel (but happy in your ignorance no doubt)

[nigwit] 02/8/2019 18:37

Nanosys's claims to sell heavy metal Free QDs don't withstand careful scrutiny.

If you read their patents (they don't have many for CD-free QDs) you'll see they state that they regard QDs that comply with the RoHS threshold of 100ppm as 'cadmium-free'. Read further and you'll find the chemistry involves cadmium-based precursors, the residues of which may persist in the resin in varying concentrations up to 100ppm.

That may be why

1. Unlike Nanoco, Nanosys are not working on any in-vitro applications

2. Also unlike Nanoco and most others, Nanosys support the continued use of toxic cadmium and indeed want to extend the scope of the cadmium ban exemption extension to include all forms of cadmium and not just CdSe.


What's more, the only heavy metal free device that Nanosys claim is in production with their dots is the 65" HP Omen gaming monitor, which, judging from this link, is unlikely to be earning them much revenue

[nigwit] 02/8/2019 18:19

I'm calling an 'out of context foul' on that one Play. Anyhow, I can quote selectively too.

"How Does Michael Edelman's Compensation Compare With Similar Sized Companies?

At the time of writing our data says that Nanoco Group plc has a market cap of UK£39m, and is paying total annual CEO compensation of UK£312k. (This figure is for the year to July 2018). Notably, the salary of UK£297k is the vast majority of the CEO compensation. We examined a group of similar sized companies, with market capitalizations of below UK£164m. The median CEO total compensation in that group is UK£251k.

That means Michael Edelman receives fairly typical remuneration for the CEO of a company that size."

and

"In Summary...

Michael Edelman is paid around what is normal the leaders of comparable size companies."

[roadster750] 02/8/2019 18:00

I would value his performance at around living wage.

[mrplay] 02/8/2019 10:55

Some one actully made an article about mike


At the time of writing our data says that Nanoco Group plc has a market cap of UK£39m, and is paying total annual CEO compensation of UK£312k. (This figure is for the year to July 2018).

On top of the 2 million shares sold before the huge crash (not saying a word)

With a three year total loss of 81%, Nanoco Group plc would certainly have some dissatisfied shareholders. It therefore might be upsetting for shareholders if the CEO were paid generously.

[nigwit] 01/8/2019 21:38

Play

Samsung/Hansol have 95% of the market. Nanosys are dependent on cadmium.

[andycapped] 01/8/2019 19:35

RNS- LOAM increased again, some encouragement at least.