Nanoco Share Discussion Threads

[barkbooo] 04/3/2024 18:29

You need only move one letter - bingo…..Twit Error!

[kooba] 04/3/2024 18:23

Stay classy TerrorWit..you advertise what you are.

[millwallfan] 04/3/2024 18:20

Terrorwit. “ You know what to do if you don't like it ….”
You join this thread today and make this ridiculous statement - clearly totally ignorant that as stated by Barkboo so many investors who were very clearly sold a dream really do want ‘out’ but are not prepared to exit at either or both a massive capital loss and without the documented promise of a 10-12p return - which the what and when should have been public knowledge by now !!

[barkbooo] 04/3/2024 17:59

TerrorWit - another slippery!
Member since: 04 Mar 2024 - need I say more? lol

[barkbooo] 04/3/2024 17:57

Kooba - we have that famous word that BT loves to use, “shortly”;

Definition: in a short time; soon?? Christmas will be here again soon? lol

There is no reason why BT cannot tell his investors the payment date - so why is he not being honest with us?? Answer = because it would break a habit of a lifetime!

His behaviour has been nothing short of scandalous - expect more of the same whilst remaining underground.

I just want completely out - unfortunately he has trapped me, along with many others.

[kooba] 04/3/2024 17:20

This is totally down to them , no…things outside of our control and the usual bluffing , they had a year they had the money earlier than deadline and would have been given prior notice from Samsung and had a firm commitment made with final results to make a capital payment in the first quarter…if they miss it there is no one to blame but themselves and it will appear a very deliberate miss to hang on to the money. No excuses.
The fact they previous said they would commence the capital return shortly after receiving the second tranche and would give details of how in January are also factors underlying their Q1 promise.

[kooba] 04/3/2024 16:17

Posted on the other board and no reason to believe not correct.



Return of CapitalToday 13:58
“From Liam Gray

Thank you for your e-mail. In previous communications, Nanoco has committed to announcing the quantum and method of the return of capital in Q1 of CY24. When announced, this will include more specific details on timing.”

So if indeed correct the company seems to have no intention on meeting its firm committment to return capital in Q1 ..Just going to let shareholder know how they plan to go about it…this is a significant change on what was promised with the results and is a clear delay on what shareholders might expect. It likely moves the actual payment well into the new financial year.

[paul planet earth1] 03/3/2024 21:20

Meanwhile 'Totally F@@ked plc' nose dives to new lows really Sikthetech you've been ramping that rubbish and paying Advfn premium fees to do so for over ten years and in that time the share price has crashed by 99.93% lol!

Of course Nanoco faces challenges but unlike your utter basket case TLY PLC Nanoco has cash to last 5 years and probably commercial deals in the offing. None of which Totally Health Plc has, no money, no profit, relying on one cash strapped customer, the UK Government.

What have you got Sikthetech over 10 years paying premium for the TLY BB lol!

Totally Plc
LON: TLY
OverviewFinancialsCompare
5.86 GBX -9,009.08 (-99.93%)all time
1 Mar, 16:38 GMT • Disclaimer

[sikhthetech] 03/3/2024 20:57

As expected, another month gone and still nothing and the share price has drifted.

If you had sold when they announced they had received the money then you would have been better off. The share price is already down 10% (21.5p when announced).

If they pay via a divi then the share price will fall by that divi amount, so no gain for current holders. The share price has already fallen 2p, if the divi is 12p then the drop from announcement to ex-divi will be 14p.

If they pay via buy backs then there's no guarantee the share price will recover, so no gain for current holders.





sikhthetech - 24 Jan 2024 - 14:59:05 - 38151 of 38678
Buybacks don't always work in increasing the share price

Much better to have the cash and let PIs decide whether they wish to reinvest or use elsewhere.

Buy backs can be stopped at any time. If the company publishes warnings, lack of sales, biggest shareholders selling etc, at any time then any potential gains from the buyback are wiped out and the share price could be lower than today.

Buy backs here will be the worst outcome.

Ask the blnx gang Barky/Gino/PPE etc etc. Trmr(ex blnx) have had buy backs for years. The share price still crashed from 850p to 150p, as I predicted, after repeated profit warnings. Same for Rthm. Losing 80% on trmr AND rthm AND Nano.

[supernumerary] 03/3/2024 19:36

yas - 'The Co. returned my call and I had a chat for some thirty minutes or so.'

With whom?

[paul planet earth1] 03/3/2024 13:45

Yas

Well either they have a business with growth potential and they dont want to payout the cash to shareholders in Q1 because the share price will crash to under 8p and they are waiting to be able to make a trading update with good news in Q2 which would support the share price post return of value mechanism, or

They are lying and hanging onto the cash as long as possible knowing that post return of value the share price will crash to sub 8p then fall even lower as shareholders realise there is no organic growth potential and we are stuck with a lame duck led by a lame mgt team and Tariq Hamoodi's suspicions were right all along about the Board and its future organic growth projections.

You take your pick I guess!

It would very disappointing to discover that the over 20 years of research work have been more or less gifted to Samsung for the equivalent of pennies compared to its true underlying future value and we are now left with effectively a shell company with no future trading prospects!

[nigelpm] 02/3/2024 20:57

Agreed - that is a bit odd really. Thanks for posting though Yas. These things do take time.

[millwallfan] 02/3/2024 14:38

Another week of zero action or info on the capital return - DISGRACEFUL!

[wynterwilde] 02/3/2024 09:49

yasX

Thanks for reporting your conversation with the Company.

Reading your posts, you appear to be articulate, balanced and forthcoming, so I'm rather presuming they were glad to be speaking with you (as an un-official spokes person) and not one of our rabid holders....... :-)

[the imperialist] 02/3/2024 09:00

I think you lot would be more suited to a cash ISA. What a bunch of bedwetters.

[jfacwc] 02/3/2024 08:46

Goor reply yasX, thanks.Why woukd they need to phone you after their announcement? Shows they are anxious.Rather hoping that you had been sworn to silence! Koobas summary more than covers things - sad though that we all remain no wiser. Can only guess it is not in Nanocos hands.

[kooba] 02/3/2024 07:07

Thanks yasX pretty much what one might expect from a company where the management don’t see themselves as accountable to their shareholders the only time they make any effort is when raising money from the hoi polloi or are trying to protect their jobs.
They treat their commitments and timelines as variables and often just move goalposts whilst ignoring previous key dates , seems they will do the same around capital repayment. The difference here is they can’t blame external factors and out of their control narrative…..this is totally down to them and displays scant concern for ordinary shareholders who had every right to expect a timely return to shareholders shortly after funds were received as promised.
Difficult to think why they are taking so long in making a decision around limited and pretty straightforward choices in mechanism and as for amount there is no reason from trading updates why it will not be the full £40m (12p) distribution. This is a long term commitment to make a capital return that they have had a year to organise..it is also something key to their defence at the GM called! Now they got the votes they will do as they please.
If this is how they deliver on a major strategic objective it is not surprising that the market affords virtually no enterprise value under this executive management…the question is why don’t the NEDs hold them to account to deliver on these stated strategic aims for shareholders..that’s their job.
Only thing i can think they are up to is working with leading shareholders and others on working out how they can buyout the organic business alongside some distribution, after all they have managed to get the business down to a rock bottom valuation why not take advantage of it ? Scorched earth !! Whatever the reasons for delaying this payout they are not for shareholders benefit.

[yasx] 01/3/2024 21:15

Katsy - Nanoco is listed on the main market.

Jf/Kooba - they stand by the previous announcement indicating a return, mechanism to be determined etc. Naturally no price sensitive information discussed, but I pressed very hard on issues that have been disclosed but require clarification. Frankly, I found the replies underwhelming. To suggest processes are being followed to determine what is most efficacious is not justification for a disproportionately protracted exercise that has already lasted over a year.

Frankly, he had little useful to add. He has agreed to ring me on the morning of any announcement to see if my concerns remain justified - make of that what you will.

I suspect (and that is my interpretation only) is that we will get some announcement this month detailing the magnitude/mechanism of the return, with any payout in the second quarter.

I think that despite all the guff about great effort being made to transform the business to a productive one and all the ongoing research efforts, I think the business has little value absent a change at the helm.

[pj84] 01/3/2024 19:48

"jfacwc28 Feb '24 - 09:20 - 38632 of 38666

Poor argument to worry about share price drop.
Rather have dividend and take chances.
More choices.
Can always buy more. The future prospects have not changed?
Always so much gloom here."

jfacwc28 I missed your post at the time but I would also rather get it all as a dividend so that I can choose what to do but that wasn't my argument I was just pointing out that all other things being equal even if the return is all by dividend Barkboo won't then get out unscathed as the share price is likely to drop by that amount as soon as it goes ex-div unless the market then rerates it up or down.

My fear is a buyback which would allow LOAM a way to reduce it's holding and whilst in theory a buyback should be neutral or even positive there are numerous examples of it having no positive effect on the share price often with the share price falling.

The delay doesn't make any sense as Nanoco was wall aware of all of the alternative's for returning funds to shareholders last year and I would be surprised if for once they favoured small shareholders who have or should have there shares in either a SIPP or ISA and should want a dividend.

As I write this I am actually questioning why I continue to hold given that I have long ago lost any faith in what BT says.