Nanoco Share Discussion Threads

[bones698] 06/3/2024 08:32

So around 6p after they dole out the cash which they are hanging onto deosetatly. What if they find some dud business to buy with it instead lol. Heading back to 16p before the cash is handed out leavingnot most after. What a total w as ye of time this while debacle has been for nanao and its investor's and board that has shown how incompetent they rrlaly are at every turn

[kooba] 06/3/2024 06:55

On a cash position positive they should have gained about £500k in interest on the full second tranche on overnight deposit for a couple of months.And now it appears they merely expect to announce how they might go about making the return this month they might well get a further months interest in April before they have to part with a penny.
Be interesting when the results come out if one can decipher the actual commercial revenue from “the order” over the j/v r&d spending..i imagine it will be well disguised so impossible to separate and have any idea on the actual size of the first commercial order or the type of margin one could be looking at..that kind of stuff that is rather important in making investment decisions.

[kooba] 05/3/2024 15:49

PJ84 ..they still have debt owed to LOAM and RG to be repaid ( they got the big success bonus on their holding paid out of the first tranche but the capital sum remained!) and previous research has set aside £5m to cover debt so net cash is a lower figure. Also they have burned some cash since the year end maybe £1m so all told they likely only had a few £M net of debt in the bank before the second tranche , they also have bought kit for the new testing facility which could have reduced that further as well. So they might not have £40m to pay out to leave the £20M they said they needed left in the business…but it should be quite close.
They didn’t give a net cash estimate in the trading update which would have been useful!

[barkbooo] 05/3/2024 15:43

The market is pricing in the CEO as a dud - and he has certainly earned that!

[pj84] 05/3/2024 14:05

They may be waiting to see if the chancellor pulls out an unexpected rabbit from the hat, very unlikely, or might now be waiting to announce it with the half year results which they advised would be on 27 March.

Market cap is now £62m and the receipt from Samsung before any interest since receipt was £58.8m. The cash in October was £8m so possibly now a negative value being applied to the business suggesting that the market does't believe the cash retained will produce a positive return!

[barkbooo] 05/3/2024 10:14

Supernumerary - thanks for the reply. I guess that PPE 38701 answers your questions far more eloquently than I ever could…..his personal feelings probably represent a very large proportion of sensible investors in this stock.

The management comments have never added up - illegal or just very poor management judgment is the question?

As for the “blue bandit” comment - I have found over many years….the blue gives power for posters to manipulate the conversation, banning other posters that might have influence over an authors ✍️ thread….you don’t use those powers. We disagree here, nothing more.

[jph] 05/3/2024 08:31

YasX,No call for you this morning then!For me, something has to be happening in the background- to let Samsung "off the hook" for so little, after "pumping" the stock with misleading paid for research, the "split runs", comments like "inflection point, multiples of current share price, transformational" etc. There has been over a year for them to get the ducks in a row and go through all the scenarios so a path for "return of capital" could have been announced in a professional and timely manner.Takeover?MBO?Major customer announcement?I would love it to be the last one, but suspect one of the former, - beneficial to directos not PIs.

[paul planet earth1] 05/3/2024 08:29

I'm an absolute genius, no way could anyone link 'TerrorWit' with 'NigWit' the similarities are uncanny..I mean its not as if 'NigWit' reinvented himself using a similar sounding name is it, absolute genius!

[paul planet earth1] 05/3/2024 07:56

Terrorwit

Have you shared these views with the wider market as the current share price as evidence seems to favour the majority view.

You sound very much like NigWit are you a relation per chance?

TerrorWit
Member since: 04 Mar 2024

I believe most investors are beyond anger more frustrated and I expect a far few will dump their holdings and leave post return of value while others may stay some to reinvest to see how things turn out on the organic front.

The issue though is 'deja Vue' or the feeling off, 'once bitten, twice shy' as the expression goes..Not so much trapped angry wasps bashing against a window but gnats stuck to a fly trap trying ever so hard to break free each leg that's entangled and not succumb to starvation or thirst striving in hope of living another day.

[terrorwit] 05/3/2024 07:36

There's no evidence of insider dealing

There's no evidence that the market doesn't trust individuals at Nanoco,

In fact Nanoco was awarded a massive legal settlement and has several relationships with top companies and the whole BoD have been re-elected twice since with huge majorities in their favour.

All that's wrong is a tiny few saddos who got carried away through nothing but their own greed and ignorance and can't drop it.


Buzzing on and on all day, every day like trapped wasps banging the window and getting nowhere but angry.

[kooba] 05/3/2024 06:30

A core mandate for CEO’s is in managing expectations by communicating the facts clearly so that shareholders have a conservative, up-to-date estimate on how the project/initiative is going and what the result is likely to be. Another very important one is to raise the value of the company.
Fail at one fail at the other.

[paul planet earth1] 05/3/2024 05:30

This is where the likes of Supernumerary, Nigwit et al start to come unstuck.

What we have are a large group of investors called the 'market' acting on information over a two year or more period making 'rational' decisions based on the information 'disseminated' by the Board.

To blame individuals ergo the 'market' for misreading the information as disseminated is clearly at fault as a large group of 'rational' individuals made investment decisions based on the Boards guidance over a long period of time.

Now look at the facts the share price has crashed 70% not because of 'individuals' choses but because the market is telling the Board in no uncertain terms we don't trust the information that you guide us with.

That is the whole point the market believes the Board deliberately misguided, misinformed, and misled investors which is reflected in the low current share price which without the cash settlement would be close to zero pence.

The Board know perfectly well what's going to happen once a return of cash happens the share price will crash to below 8p more like 7p at best reflecting just the remaining cash held on the balance sheet with zero pence awarded for any speculative future organic growth.

Hence why the Board are delaying the return of value to get the most from interest earned on the settlement cash balance with the hope of a good trading update with news of commercial deals to restore the huge amount of credibility and faith that the Board through its own self inflicted deliberate actions and decisions incurred with the market.

It is not retail investors at fault with poor and unwise investment decisions but entirely the Boards fault at Nanoco for the information disseminated over a long period of time..

The same information I might add used to support last year's cash placement at 37p or nearly double the current share price. Likewise the same information that both LOAM and RG had access to with one investor selling up and the other selling down, with both seemingly happy with material profits made as I note, with retail buying while those two were selling, based on access to the same information, nothing has been bought by either party in the form of disclose of legal proceedings with general discontent with the Boards actions and behaviour, funny that isn't it. Maybe the regulator should have looked more closely at their trading actions given that they had I assume access to the same information as retail investors had, but seem to have acted very differently to it.

As for investors negative views and opinions these are not symptomatic of poor investment decisions but are symptomatic of being misled with information that was inaccurate.

Equally you seem to conclude that the regulator did not find fault. That's just an opinion there is no evidence that the regulator has or hasn't investigated hence that's an irrational conclusion to make..I could equally add that given the time and legal cost of pursuing investigations and concluding them in court through litigation the regulator could easily have turned a blind eye to the events and proceedings as they unfolded.

[supernumerary] 04/3/2024 22:35

BB - nobody questioned your intelligence, and your risk assessment skills speak for themselves, so I don't know why you feel the need to defend either.

If you say there's a 'very stringent and calculated process' I'm happy to accept that, but it did lead you to an incorrect conclusion about the outcome of the patent case, and to a correspondingly overweight position here. It seems that process, however rigorous, is no substitute for correct facts and assumptions.

I expect the regulators looked hard and decided, like most shareholders, that there was nothing to see. Your 'legal acknowledgment' means nothing I'm afraid - perhaps you could get the lawyer involved to present his/her views here so we can examine them in detail?

'Enjoyed'? Perhaps, a bit, but really I just try to encourage people to ignore noise, and deal in facts. Not everybody finds it easy, and many try to blame someone else for their consequent troubles, so the very occasional pointer in another direction seems amply justified. If you disagree and/or disapprove, just use the filter and save yourself the aggravation.

BTW - not sure what the question is here - can you clarify? Anybody can be blue; my views are invariably straightforward; and your characterisation of me as 'bandit' is absurd.

[kooba] 04/3/2024 20:58

Bark..explains a lot !

[barkbooo] 04/3/2024 20:32

TerrorWit - “Nanoco is run by ordinary, competent, pragmatic business people trying to do the best jobs they can”

I have it on good authority that BT took the batteries out of his carbonmonoxide detector because it kept making a noise! 😂

[kooba] 04/3/2024 19:41

Do bore off you sad little individual ..whatever id you set up you are the same idiot that knows nothing and makes up everything. Pick up and XL bullies , really what silly stuff you come up with nitwig QL QL1,..you are just a projecting little twerp that seems exceptionally insecure. Do grow up.

[supernumerary] 04/3/2024 18:43

BB - this made me laugh: 'unfortunately he has trapped me' lol

Has it ever occurred to you that it was your choice to buy, and ever since it's been your choice to hold or sell? So in what way have you ever been 'trapped'? As far as I can see, the only thing that 'traps' you is your own inability to act accurately and dispassionately.

[kooba] 04/3/2024 18:39

It’s also odd that certain bad actors turn up with new IDs when the company comes under fire and is exposed for not delivering on previous commitments..odd indeed.