Nanoco Share Discussion Threads

[howl01] 25/9/2019 17:42

Ha ha nonsense - coming from someone that apparently doesn't know something but knows that someone else knows something that no one knows. Just get drunk and sit in the street with your pockets out - there's easier and quicker ways to be fleeced.

[nigwit] 25/9/2019 17:37

The share price reflects what the market thinks the company is worth and is not manipulated. It's merely reduced because sales have not materialised when expected. The only question today is whether or not the price today represents value. I think it does since the technology is now being adopted and the IP portfolio is huge. Clearly, LOAM and Giffiths, the two largest stock holders, agree with me.

My position is not relevant to the investment case, neither are accusations made against VW. Nonetheless, it's true I reduced my losses by buying heavily at 6.75p. So far that has proven to be a shrewd, clear-headed move given the current price and I am pleased to see the major holders buying heavily recently at almost double what I paid.

[nigwit] 25/9/2019 16:46

What utter nonsense! The aggregate amount of stock they own keeps rising and there's no indication of either LOAM or Griffiths selling small volumes or manipulating anything.

£127,000 of transactions today. It's chickenfeed. Do you honestly suppose that there are secret little men in dark suits trying to manipulate meaningful profits all the time?

[botbot1202] 25/9/2019 14:49

They keep buying because they are mopping up all the stock, and then selling small volumes to manipulate the market pricing. Hopefully this is all a ploy to then make an offer/takeover. Either way, just want the shares to go up above 15p, so I can see a light at the end of the tunnel.

[nigwit] 25/9/2019 14:31

They’ll also be a tax rebate and there’s potentially massive asset value in 750 patents. Worst case they’ll shrink back to Manchester and protect that IP with minimal overheads.

I’m still waiting, after several weeks, for someone to explain in terms that make sense why Richard Griffiths and LOAM keep buying if things are as dark as some claim.

[bagpuss67] 25/9/2019 13:54

They have 1 year from 1 Jan 2020 plus anything they have eeked out from cost cutting. According to Tenner

[howl01] 25/9/2019 13:32

There's not 1 year of funds and debt will prove difficult due to no income streams and minimal assets as collateral. Nanoco will be in survival mode now (or should be)

[nigwit] 25/9/2019 12:15

Bagpuss,

Have any of the other companies you have seen in similar situations had no debt and a year, probably more, of cash in hand to fully fund operations?

[bagpuss67] 25/9/2019 11:14

Howl. They have a year already. So a further year would give them two plus cost cutting benefits

Nigwit/active as have explained before I have seen many situations where equity stakes are increased to gain influence on future transactions that may not be to the benefit of the rank and file

Anyone considered the prospect of a delisting and take private? May be OK for LTH but depends on the price if shareholders are bought out?

I'm hopeful it's all postive but nanoco has never been a lucky share

[nigwit] 25/9/2019 11:06

Exactly Activmojo.

I'm ignoring the naysayers here. They keep on pontificating and ignorantly pluck random figures from the air but they never provide a single tangible recent source to support anything they claim. On the contrary, all the references speak to the opposite view, which is why the institutions have repeatedly been buying up loose stock.

[activmojo] 25/9/2019 10:55

Heavy buying by Grithiths and Lombard can only be positive as you say Nigwit, looks as if it's continuing as well.

[howl01] 25/9/2019 10:48

No way they can raise funds north of 10p without a very substantial supply contract in hand. That looks increasingly unlikely. My guess would be raise at 4-5p and LO/RG pick up majority.
1 year additional cash is unrealistic, I'd hope they would raise enough to support at least 2 years with minimal income over that period. Display relationships looking very weak presently, Nanoco have a lot of work to do to recover seemingly poisoned relationships. Plessey a long way off yet. Their current development apparently uses 3 separate monochrome panels and prism/projection for AR/VR. They do not use QDs for the Blue (no need) or Green (no need) panels, only the red (inefficient and potentially no need). Lagging behind in development of RGB Microled already - note RTI/Playnitride reported to commence production for Apple watch. TSMC there now also. Could go on and on but bores me now. Watching and waiting but no investment case yet unless you want a pure gamble and the odds are better at the bookies. GLA

[bagpuss67] 25/9/2019 10:14

Have to agree looks on the cards but although more dilution not too severe unless they do a capital reduction and at less than 10p. Personally I think if they manage to extend the cash runway by another year the share price could go up quite a bit despite the dilution

[howl01] 25/9/2019 10:08

No problem passing fundraising proposal now. Big dilution.

[nigwit] 24/9/2019 10:59

Sadly this report and its earlier iterations have been referred to on many low caliber web sites daily for years. I'm not saying it's contents are wrong, since I've not paid $2350 to read it but I don't trust it to reveal anything that isn't almost common knowledge already.

I expect Nanoco, LOAM and Griffiths do commission and purchase reports, perhaps more expensive ones from Yole or Bluefin. That may be why they appear to have knowledge we don't.

Either way, FWIW, in my view, the institutional buying can't be interpreted as anything but positive.

[farrero] 24/9/2019 09:18

A new industry report just out ! explains the recent moves and purchases by Griffith and co which i doubt is a coincidence.This could make some decent gains IMO

[nigwit] 23/9/2019 16:44

Maybe it’s more important to know that they know than it is to know exactly what they know.

:)

[activmojo] 23/9/2019 16:00

There is our answer lombard and Grithiths both increased holdings. What can they know but we don't?

[howl01] 23/9/2019 15:40

They certainly seem determined to keep the price above the 10p marker. Guess we know who'll be offered future fund raising bid.

[bagpuss67] 23/9/2019 15:35

Nice to see purchases

[bagpuss67] 23/9/2019 10:46

Steady stream of 50k "sales" price pretty steady so a I guess another big balancing trade coming. Would a share transfer between two big holders usually be an NT but these are ATs

[bagpuss67] 23/9/2019 09:27

Good point.

[nigwit] 23/9/2019 09:19

Don't forget it's a closed period ahead of the results so the directors can't transact without special permission.

[bagpuss67] 23/9/2019 09:12

Something is going on IMHO. Quite a steady stream of reasonably chunky At "sells"