Nanoco Share Discussion Threads

[paul planet earth] 09/11/2019 15:36

The real issue here is not the failure of the current mgt team to commercialize the product but whether the technology is appealing to much bigger industry players with deeper funding pockets and whether the Quatum Dot industry is growing. Current estimates suggest a 27% CAGR with QD becoming main stream in the next 2 years and available in a diverse range of markets and products from AR glasses, laptops, tablets smart phones, TV display panels, sensing devices on cars, planes, wide military uses, as well as medical appliances and diagnostics, and agriculture, literally dozens of uses with the global market expected to grow to USD 8 billion..Samsung are already spending USD 22 billion on a new QCFD TV manufacturing plant...so Nanoco current market cap at GBP42m is basically peanuts!..the real value is what is its technology and patents really worth to the bigger players..There are only circa 10 suppliers worldwide of QD's most very small university spin offs with Nanosys Inc the biggest player and seems to be doing well proving there is demand and a market. While Nanoco Technology Group has been in the industry for 18 years so there is a lot of R&D expertise and experience with 750 global patents, a brand new factory and zero debt. Its basically a turn key operation for any of the bigger players to acquire..It would not surprise me if it went for 150p or more a share, very feasible, GBP 420m is still very, very cheap with a weak pound thrown in for good measure.

[bagpuss67] 09/11/2019 15:35

If its a contractual offer not a scheme then you need 90% to squeeze out minorities so if you just happened to have say 12% you could have the whip hand

[bagpuss67] 09/11/2019 15:23

If there is an acquiror for the company it will potentially be via a scheme of arrangement possibly at a very low price which will drag along all the small holders like us ie you will be forced to sell

You could only prevent that if you and your buddies held more than 25% of the equity

If you wanted to try and get your money back and were only prepared to fund the business more if you owned it all you might take it private get some better management in and then hand over your next cheque

[bagpuss67] 09/11/2019 15:18

There is nothing optimum about having to launch an FSP because you have run out of new money or can't refinance

Optimum is being a viable business capable of achieving its objectives..

Sadly when you try to negotiate anything when there is a burning platform you are unlikely to get the best deal.

Acquirors who may just want the IP may prefer to acquire that from the administrators and avoid redundancy costs.

[botbot1202] 09/11/2019 13:36

Well. Per my previous post to Paul.
I’m dreaming of a green or at least a break even Christmas.!

[nigwit] 09/11/2019 11:45

The share price is irrelevant now. Your position comes down to whether or not you believe there are future markets for the technology.

If you think there are multiple markets, which I do, the eventual sale price could be any number higher that today's mCap. If you don't, or if you're not up for the risk that you might be wrong then sell. It's just one click.

All forecasts indicate a huge market. The company's share price undervalues this because cash is tight, which is a function of the cadmium ban exemption extension and the time it takes OEM's to develop products. It's nothing to do with any individual.

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Has anyone else read section 2 of the takeover code to understand the exemptions to rules 2.4 and 2.6 mentioned in the RNS? I ask because given the above comments it doesn't look like it.

These rules normally require disclosure of the names of any offerers. Who might want to remain anonymous?

The timings mentioned are also a requirement of the code.

The overriding objective of the code is to ensure that no shareholders are disadvantaged by the process.

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Almost all the institutions held firm or increased exposure since the Apple cancellation in June and overall institutional interest has increased since then (mostly due to LOAM and Griffths) so I don't suppose these holders are ready to quit for the sake of pumping in a year or two more cash if necessary.

Based on that, my take is the company is not offering itself out of distress but because it thinks now is the optimum time, between the tech being ready and contracts that might commit it to a huge customers who would otherwise make it difficult for others. For instance can you imagine them being able to service to both Apple and Samsung at the same time without both objecting?

I think they've listed themselves on eBay, with a very high reserve, because the institutions and the BoD have together calculated that now's the time.

[bagpuss67] 09/11/2019 10:56

Mr play. The trick will be to see if Richards underwriting sold the shares ahead of the fatal announcement. The accounts that may reveal that won't be out for a year though. The original sale was very close to the fateful day. Conincidence?

[paul planet earth] 09/11/2019 10:37

Mr Play there is nothing new in your post we all get that Its whether s much bigger player with deeper pockets and the commercial experience necessary can see the potential of the technology and the patents on offer.Are you an investor or just shorting the stock?

[mrplay] 09/11/2019 09:28

The article is not wrong
"consistently failed to make its cadmium-free quantum dot technology profitable"
"yet this will be scant consolation for loyal investors that have seen hopes of potentially huge profits fade away."
"The shares had traded as high as 189p in December 2013, valuing the business then at nearly £550m." This really shows how good the CEO is since 2013 £1.89 to now 6 years later £0.14 and still no sales. Yet the ceo has sold 10 out his 11 million shares.

Look at Christopher Richards
sells 100,000 shares for 38.5p on 5th of june then buys 350,000 shares on the 26th of june for 13p. DODGYYYYYY

[paul planet earth] 09/11/2019 07:41

Two exact posts botbot and il, same poster or coincidence they both posted the exact same link with no commentary.

[botbot1202] 09/11/2019 07:34

hxxps://www.sharesmagazine.co.uk/news/shares/former-hot-nanotech-stock-nanoco-up-for-sale-after-decade-of-failure

[ih_169538] 09/11/2019 00:13

hxxps://www.sharesmagazine.co.uk/news/shares/former-hot-nanotech-stock-nanoco-up-for-sale-after-decade-of-failure

[botbot1202] 08/11/2019 23:22

So £1.89 two plus years ago on the hype...55p six months ago with the “Apple” deal... now 15p ish... so hype plus actual inbuilt client... got it...

[sd_anon] 08/11/2019 18:51

Paul Planet Earth, well said, couldn't agree more.

The RNS did state mid-December, though seemed odd to me to put such a specific (and near!) timeframe on it.

I see this process as the proof of the pudding. Either ME ME ME has been correct in his positivity, in which case surely the likes of Apple/Samsung will be keen to secure the tech (even if only to stop the other having it), we may even see a bidding war; OR it's all rubbish, pouffes in hotel rooms is the best it'll ever be, in which case 15p may be optimistic.

[paul planet earth] 08/11/2019 18:07

@botbot..that's exactly the issue no one actually knows theres no real revenues, but a fast growing industry cash us tight, but there us no debt, it's got is own paid for brand new factory, so can mass produce so, any buyer is not interested I what happens now but where it sees this investment in day 2 to 5 years that the point by which time the Quantum Dot market will he worth 8 billion dollars. Who knows 15p, no bids, or 300p it's all small change to the big players like Apple, Samsung maybe Samsung they are spending 18 billion on a brand new QD TV factory up and running within 22 months, my money is that Samsung might make the first bid.

[hawi2] 08/11/2019 16:59

so balck bird explain to us how you get to a value of 48.000.000 exactly. how much worth is each of the 750 different patents and why? the value of the production facility, cash etc. Maybe you know the details of every single patent and which big player might be interested in which patent. I only know that imo the step was clever. the have the best results financially, cash availabe and a brand new production facility. now Evercore (not the company itself), a world wide specialist for M&A etc. is looking for potential buyers, investors or even other financial possibilities in name of Nanoco. I don't think, that Nanoco will hire one of the best companies to sell the business for the actual share value. I guess, we all agree, that's nonsense...

The rest is speculation. So let's see what happens. We all will know it latest by mid of December.

[ih_169538] 08/11/2019 15:29

Again..what are patents worth that are made from a process that it seems none of the partners could commercialize

[black bird] 08/11/2019 15:05

sum of the parts, royalties ect worth £ 48,000.000 . but i would hope 23p
per share . BB

[botbot1202] 08/11/2019 13:27

Paul
Thanks
So either an awesome Christmas or a humbug one then.! I will now start dreaming of a £3 share price bid.!

[andycapped] 08/11/2019 13:06

Anyone throw any light on the logic behind Peel Hunts recent trading?

[botbot1202] 08/11/2019 01:24

Serious question now for all in the know... as this has now been suggested a buy out. When / what are the timelines involved? Do they have 10 days/30 days more? And does their bids get disclosed through the RNSs ???

[bagpuss67] 06/11/2019 12:53

It says in the link andycapped posted. They were demonstrating the use of the TM on a commercial shipment

[ih_332411] 06/11/2019 12:50

The one application was not renewed but the two companies are still working together.

Well here is an Apple shipment. Not sure why the image was included in the USPTO application for the HEATWAVE trademark.