Nanoco Share Discussion Threads

[notimpressed] 05/11/2019 08:36

what a bunch of shysters.
How much has ME creamed of this stinking pile of excrement
over the years?

[ltinvestor] 05/11/2019 08:25

Can somebody please give me a reasoned argument justifying the mkt cap of £45m now that the directors have put the company with hardly any revenue up for sale.

[barkboo] 05/11/2019 08:06

Not too painful - lol

[barkboo] 05/11/2019 08:00

Bones - why would you hope the opening auction is painful, that's not nice.

[mr.oz] 05/11/2019 07:54

Typical Aim
But on the Main Market
Amateur professionals

[barkboo] 05/11/2019 07:54

MM's will make the most of this.. my advice is - don't make any moves until the dust settles!

[tomboyb] 05/11/2019 07:52

I'm afraid i don't see this as good news today -

Typical aim -

Formal sales process? -

If someone was interested an offer would probably already have been made from these levels -

[barkboo] 05/11/2019 07:46

"NANO) reiterated its focus on maximising value for shareholders." I would love to believe them...but In truth, managements continued selling was a focus on maximising their own value.

Love to be proven wrong - what will this go for...guesses?

[mrplay] 05/11/2019 07:39

Pure proof that the ceo of 15 years fails to win contracts taken millions away from nanoco is a complete failure

[bagpuss67] 05/11/2019 07:35

What's the point activ? An FSP applies to the main market?

[hawi2] 05/11/2019 07:30

750 patents, IP, a production facility worth millions... let's consider that before getting hysterical here. The value of Nanoco is above the current share price

[barkboo] 05/11/2019 07:29

I hope this is not sandbaggers in action - unknown Yankee big boys splashing the cash to set up large facility, then pull the plug.....hey presto, giveaway sale.

This stinks - and I have been mugged!

Stewards inquiry - then I move on.

[activmojo] 05/11/2019 07:27

Nanoco is listed on the main market of the London Stock Exchange

[davemac3] 05/11/2019 07:20

What about the IP?

[bones698] 05/11/2019 07:15

I think 6m for the plant that's mothballed is being generous . Judging by the facts that the cash will be less as the process goes on and wages get paid now etc I really don't see this as good news at all and a desperate move for a desperate company failing all along. Nodoby is going to pay anything close to the current mkt cap for this outfit . Given its highly loss making . Has no sales or deals and in a market that's it's losing ground to competitors plus all the regulations kicking in affecting the buisness I think 12-15m is pretty generous .
Just waiting to see the opening price at the bell before I burst out laughing.

Always fun seeing rampers get burnt because they are to stupid to listen to reason . You get what you deserve In the end especially in aim

[bagpuss67] 05/11/2019 07:12

As I predicted. Nigwit. As I said before people increase their holdings in these circumstances for control/influence of the process. Hopefully though bones is wrong on the price

[bones698] 05/11/2019 07:07

Ouch that's very worrying news given the current market cap there is no way a buisness with no deals and no profits for years to come will get anything close to that mkt cap Inna sale . I kept pointing out the mkt cap as being massively overvalued given nanos situation . Seems the management have given up being able to sign a new deal and want to get out and let someone else struggle .

This should plummet today as there is no way they will get anything close to 40m for this . The only things it has are a production facility with no production and 6m in cash left . Say 12m for those . After that it's pretty worthless.

Anyone care to answer why this is worth anything more given the current situation ? The reality is it's not worth much at all

[mr.oz] 05/11/2019 07:03

Going private

[andycapped] 04/11/2019 18:52

Yes I think much of the ill feeling is a consequence of the CEO selling at opportune moments over the years, whilst projected sales have failed to materialize.

It's not uncommon to find this sort of thing going on, but the big shareholders must be happy with his performance, else he'd be out on his ear.

Ultimately only a healthy balance sheet and evidence of fulfilled orders can underpin the share value in this company. I think if a takeover bid was launched, the offer would have to be rather more generous than 15p to persuade shareholders to release their equity.

[toggler] 04/11/2019 18:09

Andycapped is quite right but his question reminds me of a remark by Hilary Devey: ‘Don’t chase the money, it will run away’. An alternative CEO might identify with the company to the extent that he or she maintains their personal shareholding through thick and thin, using the downturns in their personal fortune as an added incentive to bring genuine value in the long term. In short, someone who keeps their skin in the game. It is a quality the IIs always look for. Even so, it is not an invariable prerequisite for success, as Andycapped implies.