Nanoco Share Discussion Threads

[syd777] 08/10/2016 19:06

Whum,that must be the longest statement I've seen you write,those cheap beer bottles seem to have given you extra strength.

[kuss1] 08/10/2016 18:29

Nano isn't a fraudulent company. Those 450 patents don't get written without some sense of probity. What no-one knows though is the pace and direction of the industry. The key players positioning themselves.

[firminator1] 08/10/2016 18:07

Enteleon and whum I am of your opinion for sure. Exciting times and inevitable ups and downs but i am in it for long term. Slippy seems obsessed with nanoco effectively a fraudulent company which is odd given they called out their incorrect treatment of sales. Not least nanoco 1) have a product full of potential 2) bricks and mortar production / factory. No one knows what is round the corner but I am enjoying surfing this nanoco wave for some time with its peaks and troughs along the way
.

[whum] 08/10/2016 17:39

If you can see through the fog 40% of this company is still held by 3
investors. I feel sure they are party to far more privileged insights
than us mere mortals. on that basis as long as they continue to hold
i won't start panicking.
As I and others have said on several occasions it is a nascent
industry and nanoco are in the vanguard, positioning themselves
for the future battle. As with any military campaign not everything will
go to plan, there will be setbacks and change of tactics. It is a fluid
situation and different approaches have to be explored to overcome
unforeseen obstacles.
You just have to trust that the board have the skills to win
the battle. They are certainly technically up there with the
best of them, It is the business acumen which is the unknown quantity.
I think the change of advisers to PH is a good move, and will provide
much needed guidance.

[enteleon] 08/10/2016 17:04

Nano trying to set the stage for something "new" on October 11th ??
Friday's announcement ref. accounting adjustment clears the decks of "uncomfortable truths" ??

Web-cast on October 11th suggests something bigger than placing. Maybe Nasdaq listing??

Apparent conflict among posters here surely a function of different investment perspectives. Short-term signals looking precarious; medium to long-term dependent on faith in:
1) QDs as a "disruptive technology".
2) QDs as a "platform technology"; that is to say QDs have role in display, photovoltaics/solar, medical imaging, QD spraying and printing.

If a long-term investor, the present focus on display alone may look short-sighted. Article in Investors Chronicle about recent academic research by Prof. Robert Metcalfe at Chicago University demonstrating striking evidence that professional traders are prone to a bias known as "myopic loss aversion"-the tendency to avoid good assets because they look bad over short-term horizons.

Short-term, we may well be in for a rough ride. Slippy, your informant sounds cogent and well-informed. I'm taking that on board. Longer-term is speculative.
My balanced view is that Nano has caught the attention of two of the World's most impressive and broad-based chemical companies and we have the support of a high $-to-£ gradient. I repeat the words of Bill Gates: "Investors invariably overestimate the speed at which new technologies develop, but conversely underestimate the eventual magnitude of new technologies" and he should know !

[kuss1] 08/10/2016 16:34

Nano been around for 15 years. They'll keep going. Doubt a fund raising on Tues. Give it till Jan and the launch of LG's new TV's. Or possibly Merck joint venture news...

The accountancy thing is in the past. Small amounts, too. Perhaps more clarity on sources of income was needed, but the total figure remains the same.

No evidence of institutional selling. Baillie Gifford still got 12%.

Tues will be all positives probably...

[firminator1] 08/10/2016 14:27

What does your source say then slippy? Positive news no doubt:)
Misleading shareholders with incorrect accounting of revenue not great business acumen but that said still excited about next year

[kenirogas] 08/10/2016 13:12

Bagpuss: not sure about the BG thing. Didn't they buy 8m at around 40, and only sold 2m last month at the peak. Good top slicing, IMO...or Serious insider info if based on placing, surely?

[friendofslippery] 08/10/2016 13:07

It certainly smells fishy. My souce has never failed me here.

[bagpuss67] 08/10/2016 12:41

Is it not possible the price has been moving down to the placing price. Maybe 55p. ME said "reasonably" well funded. They need clear visibility of 12 months cash including what they need for investment, they have a new strategy which will involve additional capex, Baillie Gifford sold after holding for so long. All adds up. Load of spiel about how well things are going plus placing...

[kuss1] 08/10/2016 12:16

Dow still going to supply LG's new range of Qdot TV's come Jan. Wait and see on Samsung. Runcorn moved to 24 hour production mid August to supply Wah Hong and Merck. At least up front licensing payments were made so someone sees value in what Nano produce.

Can't say I understand the accounting thing, as long as they don't have to give the money back!

Nano got enough in the bank for the next 12-13 months.

Dow making payments every quarter.

You have to agree there is a clear emerging market in Quantum dots with only a few players able to produce in volume.

[whum] 08/10/2016 12:10

nanoco have just published the new company mission statement. it reads

"How to win friends and influence people"

[onething] 08/10/2016 11:35

And I don't think our share price movements generally follow the day to day market movements. It wasn't just yesterday, we have dropped from a stable 72p or so to 57p over the last few weeks (the 'run up' to results).

[onething] 08/10/2016 11:27

Surely the fact that yesterday's RNS was issued at all, rather than including this information in the results update on Tuesday, makes it very relevant indeed. But in what way needs to be established.

[friendofslippery] 08/10/2016 11:24

This stock is a dead man standing as far as I'm concerned.

[balaura] 08/10/2016 11:06

Why odd? As someone else said, the latest RNS was barely relevant. The fact is, Nano needs about 10 million annualy to survive. It either earns it within the next few months, or announces a new placing. Anything else would be less relevant, including signing of yet another contract.

The share price drop....surely the pound drop must have contibuted to it...foreign PIs who bought soon after the Brexit vote lost more than we did yesterday.

[lauders] 08/10/2016 08:14

jfacwc - Happy to see you are happy. However NANO's actions seem very odd to me and hardly shareholder "friendly". Seems they have a LOT of explaining to do on 11th October and I hope someone finds out some useful details. Shame we haven't seen any serious director dealings here, when permitted (I know not now), to show the confidence they have in their business. The jury is still out with NANO as far as I am concerned & they need to show transparency etc.... Have I ever said "their PR sucks"?

Would love to change my mind next week. Come on NANO show us it has been worth sticking with you from the mid-100's all the way down (a few top-ups on the way down, most of which have gone to "better" homes at slight profits when I had the chance!).