Nanoco Share Discussion Threads

[kooba] 28/3/2024 09:01

Many thanks had looked on there but not to the bottom of the page !

[lordmason] 28/3/2024 08:14

Bottom of this page hxxps://www.nanocotechnologies.com/investors/results-centre/

[kooba] 28/3/2024 07:26

Thanks..what page on the company website is the link on ?
It all needs an overhaul as much is out of date in some areas.

[lordmason] 28/3/2024 07:01

It was there, just difficult to find, the website could do with some work to make more usable. Here’s a link hxxps://stream.brrmedia.co.uk/broadcast/65e897af3daa0a7143649cac/6604a50469e11fcf8fc17a20

[pj84] 28/3/2024 00:48

From todays RNS

"Webcast for sell side analysts

A conference call and webcast for sell side analysts will be held at 10:00am (UK time) this morning (27 March 2024):

A recording of the webcast will also be made available on Nanoco's website later today at www.nanocotechnologies.com"

I still can't see any recording of the webcast on the website!

[pj84] 28/3/2024 00:42

millwallfan the following is from the timetable in the circular:-

General Meeting 10.00 a.m. on 28 March 2024

Announcement of the results of the General Meeting 28 March 2024

Latest time and date for receipt of Tender Forms and share
certificates or other documents of title for tendered certificated
Ordinary Shares (i.e. close of the Tender Offer) 1.00 p.m. on 9 April 2024

Latest time and date for settlement of TTE Instructions for
tendered uncertificated Ordinary Shares (i.e. close of the Tender
Offer) 1.00 p.m. on 9 April 2024

Record Date for the Tender Offer 6.00 p.m. on 9 April 2024

Announcement of the results of the Tender Offer 11 April 2024

Unconditional Date for the Tender Offer and purchase of
Ordinary Shares under the Tender Offer 12 April 2024

CREST accounts credited with unsuccessfully tendered
uncertificated Ordinary Shares by 25 April 2024

CREST accounts credited in respect of Tender Offer proceeds for
uncertificated Ordinary Shares by 25 April 2024

Cheques despatched in respect of Tender Offer proceeds for
certificated Ordinary Shares by 25 April 2024

Return of share certificates in respect of unsuccessful tenders of
certificated Ordinary Shares by 25 April 2024

Despatch of balance share certificates in respect of unsold
Ordinary Shares in certificated form by 25 April 2024

[barkbooo] 27/3/2024 19:50

Frank - NANO are at least talking now ..several investors friends have had their question addressed….albeit swerving several points.

Whilst that is better - I think it is probably been forced….and the management now realise they are treading a fine line.

[kooba] 27/3/2024 19:18

It is possible to believe that the company could flourish under a refreshed executive management team that has more relative experience in progressing technology and can build a better relationship with the shareholders. As it is the shares have very little enterprise value for the unrealised prospects so even if you do not trust the management or think they are doing the best job the valuation already reflects the that view and the disappointment with current progress so the risk reward does not justify dumping at these levels. No body though needs to explain to you the reasons for holding but wanting better delivery and to say they do makes you the idiot. Glad i could help. Chin chin.

[terrorwit] 27/3/2024 18:30

Fat Frank

"Whilst I understand the point you make regarding my holding it is still the case that if I take up this offer I will be selling at a lot less than my purchase price."

------------

This is not the right way to look at things at all. The position is more sophisticated. Think of it this way. Whilst taking up the tender offer may look and feel like selling shares at a loss that's only because you're considering them as numerical holding. If instead you consider your holding as a proportion of the business you are not selling anything. You are being given 24p cash for 38% that will then be taken out of circulation altogether. Afterwards you will still own the same proportion, or share, of the business as before.

It's more useful to think of declining the tender as buying more shares at 24p or subsidising those who accept the offer.

This is why I expect all the institutions to take up the offer and for it to be fully subscribed.

Hope this explains.

_________


Others

I don't need to justify my opinions. I trust the company guidance and the directors. (This should be obvious because otherwise I would not be invested.) I don't need to give any more reasons than those they already provided in the company's RNS announcements and presentations all of which seem professional to me.

What you need to do is explain why you're invested even though you don't trust the company although to my mind this is the very definition of financial idiocy so I don't think there's another explanation - unless it's that deep down you do trust them.

[fat frank] 27/3/2024 17:41

Kooba you are right but I doubt any recent purchasers would have any where near my holding and would simply sell after the inevitable price fall afterwards and end up with little profit. I would have been able to realise substantial cash and retain my holding. The tender offer does not afford me the guaranteed 25% profit that those who simply made a speculative buy at 20p will get

You also have to take into account that I have a continuing belief in the technology and the future for Nanoco. Hopefully this will be under different management.

[paul planet earth1] 27/3/2024 17:34

Good points on the tender 24p being well below what many holders average share price is as well as being well below the 37p placement.

Personally I suggested a 40p tender but that might of rewarded newer investors the same for taking no risk versus LTH's.

My average is much lower so have more of a buffer to play with.

[kooba] 27/3/2024 17:29

Fat Frank good points well made…though of course a special divi of 10p would have been paid to whoever held on the ex date whether long or short term.
But i think your point of being forced to take losses to participate fair..you might be able to replace at a lower level and get the same holding and take some cash out which might take the sting out of it !!

[bones699] 27/3/2024 17:27

No more simple than little old me on Angle Plc..Been invested there for donkeys years got f@@k all out of it except a free t shirt with 'sucker' written on it and a free mug with the word 'mug' on it..Just realised I'm going to have to break into the kids savings banks for the next impending cash placement, cee ya!

[bones698] 27/3/2024 17:16

Seems people selling on the news and drifting back down. Lower profits and turnover. Only one minor deal signed in years. And shafting shareholders yet again with the share buy back and tender offer. You couldn't make it up.

Some simpletons though seem intent on hanging on watching paint dry. More fool them

[fat frank] 27/3/2024 17:05

On a more adult theme:

I contacted Nanoco and asked if a straightforward dividend had been considered as this would have provided me with a substantial cash award as I own 400k shares. I received the following reply:

'We have previously referred to the various methods we were considering, and yes, one of these was a special dividend. We consulted with a number of shareholders as part of this process (as disclosed in the circular).


The tender would still allow you to hold your shares and receive some cash. If full participation, whilst your holding as a number would reduce, the share capital of the company would also reduce and so your % of the company would remain very similar.'

I responded with:

'Whilst I understand the point you make regarding my holding it is still the case that if I take up this offer I will be selling at a lot less than my purchase price.

Do you not agree that this offer is far more attractive to a short term holder who bought in January 2024 at around 18p than it is to your loyal long term holders that bought in at a much higher level and have stuck with you for many years?'

Thus far I have had no response......

[kooba] 27/3/2024 17:03

Our Brian was on Sky Business news with Ian King this evening. Not much new except Brian has a new Nanoco branded shirt …not too sure myself, looks like a salesman in a warehouse retailer.
Should be watchable on utube at about 4 mins in.

[fat frank] 27/3/2024 16:47

I think he's just a sad, deluded, attention seeking, lonely little boy.

Mummy lets him invest his pocket money...

[jph] 27/3/2024 13:56

So what exactly are you doing here, Clown?

[bones699] 27/3/2024 13:53

Terrorwit

"who want to ignore guidance and industry analysis"

So we all misinterpreted the guidance and industry analysis..

Would you like to elaborate on that one with specific examples?

Specific examples in terms of 'guidance' I assume Board guidance from who and when and 'industry analysis' from what third party, when, and in what form?

[chilom] 27/3/2024 13:46

We aren't asking you to do our research,we are asking you to justify your comments.You have been unable to do this at any point.As for industry analysis/guidance you have previously stated that it was wrong (in the case of Edisons' estimates) and that you were correct with no other justification except your "experience in litigation" No evidence.Just an opinion.

Now you expect us to believe guidance and industry analysis with no other justification but that they are correct because you feel they are.Again-no evidence/justification. Do you see the contradiction in your argument?

You say you have nothing to prove and yet you expect us to accept your opinions at face value.Why should we accept them if they,as they currently appear,to have no backing apart from a feeling?
You expect to see 42p by the end of next year.I ask why?
You feel this crop of analysis/guidance to be accurate,Again why?
You feel the patents the company has will lead to success but have been unable to give any examples.Has this situation changed? I understand not giving specific examples but can you give a specific concept or novel use they detail which you feel will achieve this-maybe send this to a potential suitor to help them (and us) out?
You have previously mentioned the time value of money and how an early (read low) settlement was worth more than a court case but have not mentioned anything about how the money has been used/planned to be used given the time we have had it.

I see a lot of statements in your posting history,under each previous incarnation,what I don't see is any reasoning.In fact,all I see is a crass,rude individual with little to no insight.

[terrorwit] 27/3/2024 13:26

Your taunts don't matter to me. I'm not going to do your research or your thinking for you so you will have to find another mug.

I'm not the one who has to prove anything anyway. You're the ones who've called it wrong and who want to ignore guidance and industry analysis.

[paul planet earth1] 27/3/2024 10:47

Based on TerrorWits response I've decided I'm ignoring all Edison, Turner Pope, Cavendish reports because they are paid for propaganda, also Nanoco Trading Updates and Board guidance because I've come to the conclusion they are all unreliable, inaccurate, or blatantly misleading so my fault given them any form of trust or respect...in future I'm just going to read the tea leaves and flip a coin on this one..sell, hold, buy.

The utter imbecile and moron TerrorWit. Oh so scarry, lol, has no f@@king clue just a repetitive bore and life long liar. .

[bones699] 27/3/2024 10:40

As expected when faced with a reasonable question TerrorWit aka NigWit resorts to form becoming both pompus and arrogant when caught out and cross examined!

In fact I would go further your not only a pathetic clown but a lying one too who knows Jack squat what your talking about!