Nanoco Share Discussion Threads

[pj84] 04/7/2024 13:55

The cashflow ignores the accounting for the deferred Samsung revenue and the estimate for the year ending 25 is now a £4.8m cash outflow reducing the cash from £20m to £15.2m at the end of 25.

[paul planet earth1] 04/7/2024 09:37

How's the bed wetting business going Colin?

...or did you sh@t in it instead lol!

[kooba] 04/7/2024 09:37

Yes PPE1 the circumstances where a what we were told was a broker managed instruction for the £3m to commence 11th April and continue a buyback until funds exhausted or the next AGM on a completely independent basis looks somewhat suspect when they abruptly stopped buying any for 6 weeks before a profit warning. Was it entirely down to Cavendish ?I have asked them no response.No accountability anywhere.Too many coincidences that don't add up.Why did they only pay out the very low end of forecast distribution and kept more money back than they needed?Why did. A paid for broker note come out a week before the warning with new super high estimates of best case scenarios ?Thats before we get onto STM new sensor range that mentions nothing about QD's let alone Nanoco..i can't find they have ever mentioned them at all !Oh well the comms can be interpreted by some as very minor delays and then off to the races with gen 1 materials. Unfortunately another interpretation is"This development appears to be a setback, given that production for Gen 1 was only achieved in December. This implies that we are unlikely to see any meaningful revenues until Gen 2 productions begin to deliver commercial orders, and the aim of reaching cash breakeven in FY25 will likely shift to the right," Peel Hunt analysts said.With gen 2 commercial revenues still 2 years away at best ..if they achieve the performance etc etc. the market and that analyst clearly fear the worst. I'm afraid this is just the company teeing up such bad news and trying to buy some time..the market isnt buying it !

[coiin stein] 04/7/2024 09:30

𝐌𝐨𝐫𝐧9842;𝐧Ү40; 𝐦𝐨𝐚𝐧9838;𝐫Ү52; 𝐚𝐧𝐝 𝐰𝐡𝐢𝐧9840;𝐞Ү51;𝐬,
𝟖.𝟕𝟓 𝐥𝐨𝐨𝐤9852; 𝐥𝐢𝐤𝐞 𝐚 𝐝𝐞𝐜𝐞9847;𝐭 𝐛𝐮𝐲 𝐩𝐫𝐢𝐜9838;.
𝐒𝐡𝐨𝐮9845;𝐝 𝐛𝐞 𝐭𝐡𝐞𝐫9838; 𝐛𝐲 𝐒𝐞𝐩𝐭9838;𝐦Ү35;𝐞𝐫; .... 𝐛𝐚𝐫𝐫9842;𝐧Ү40; 𝐧𝐞𝐰𝐬!!

[terrorwit] 04/7/2024 07:41

"Why they can't make their own screens on a small scale very high quality for mobiles or tablets...If Samsung can do it, so do others."

------

Because they're fewer than fifty people in a unit on an industrial estate in Runcorn and they don't have tens of $billions to invest in a fab plant so they can compete against the Chinese.

It would be like trying to sink a carrier fleet with a pea-shooter.

[paul planet earth1] 03/7/2024 21:25

Kooba probably tipped off by another late call with BT & Co, the guys a f@@king liability and should just go!

[beeezzz] 03/7/2024 18:03

SP Should sink to cash value soon, no value in company. Management have demonstrated they don't posses the entrepreneurial skill set required to turn an innovative process into a commercial product.

Why they can't make their own screens on a small scale very high quality for mobiles or tablets...If Samsung can do it, so do others.

Looking forward to the next piece of transformational news....

[supernumerary] 03/7/2024 11:37

Arms-length relationship between broker and analyst! :¬)

[kooba] 03/7/2024 10:31

But Cavendish have reiterated their price target at 60p ! ( medium term)

[supernumerary] 03/7/2024 10:21

Another surprise yesterday was the absence of that particular conspiracy theory. Were it true one has to assume they would have taken advantage of the liquidity created yesterday. Maybe they simply expect the price to keep falling from wherever it is...

[kooba] 03/7/2024 10:15

The six week + hiatus in any buyback activity ahead of the unscheduled trading update when they had given instructions to Cavendish to execute the buyback independently of the company is also a bit of a mystery ! What prompted them to hold off ahead of a warning i wonder !!

[supernumerary] 03/7/2024 10:06

kooba - thanks - I remain, like you I guess, completely baffled by what's going on with this buyback. I firmly expected them to announce the purchase of a million or more yesterday - I've little doubt it could have been done had they wanted to.

I thought the buyback was a bad idea in the first place, and have seen nothing since to change my view on that.

[twatcher] 03/7/2024 09:52

3 months ago you could have got (and many did get) 24p for their shares via the tender offer.

From todays share price of circa 15p, it needs an increase of around 60% to get back to where it was at the close of the tender, and that's with the company buying back shares ever since to shore up the share price

But corporal jonesy is running around shouting "don't panic...DON'T PANIC !"

[chilom] 03/7/2024 09:46

An occasional journalist now? Is there no end to your talents?

"Nasty anonymous members"? Have you checked your posting history at any point?

[paul planet earth1] 03/7/2024 08:36

Kooba I can't see a bid coming where is the value in Nanoco to support a market cap of £30m?

The mgt team seem inept at delivering anything to date other than bad news through muddled unclear communications.

[supernumerary] 03/7/2024 08:29

kooba - I'm somewhat surprised by how few shares they picked up yesterday. Was there anything you're aware of in the buyback agreement that would have limited it?

[jph] 03/7/2024 08:05

TerrorWit - a sad little CLOWN, doing his utmost to prove his superiority.Deserves pity.

[terrorwit] 03/7/2024 08:02

So far as I can see very little has changed except that the nasty anonymous narrators here and on LSE have had an enjoyable day knocking people they don't know where they can't answer back.

It's all upside down and cowardly.

[kooba] 03/7/2024 06:15

I suppose a positive is they have left themselves completely open to a low ball takeover...they no longer have LOAM and RG to protect them as the very large majority of shares are now in pi hands. Pocket change to one of the major sensor or display companies to secure core IP to support their products and to possibly stymie competitors efforts.With the now increased shares in issue 206m ( see other rns yesterday) the market cap at last nights close is still over £30m with £20m cash left. Whilst the short term lack of commercial traction has hit the share price , the IP is still there , though the time value of some key patents is becoming a pressing factor, there could still be an opportunistic tilt. Maybe taking this company off market might be for the best...as a listed company it has been a drawn out series of disasters for shareholders and still has had only one tiny commercial order in over 20 years in it's existence.

[paul planet earth1] 02/7/2024 20:47

Nige

Your embarrassing yourself again suggest you give it a rest as noone believes the proverbial never ending b@ll@cks you spout!