Nanoco Share Discussion Threads

[enteleon] 19/10/2016 22:29

Howl01- Do you feel able to share your deep searches into the status of the Dow Cheonan Plant ? Many of us would be most grateful if you do feel able. Thank you.

[syd777] 19/10/2016 18:09

SSW maybe the word Abracadabra will do the trick.

[whum] 19/10/2016 17:03

shuti, don't hold back, let it all out

[euroto] 19/10/2016 16:38

Is this the same idiot who predicted all time share price low last Xmas ?

[slipperysidewinder] 19/10/2016 16:33

Bagpuss how quick you want it to fall????

Isnt 30% in a few weeks good eniugh for you? Or are you so used to getting bent over s barrel with apple in the mouth and shafted, that you are now getting to like it. A but like stockholm syndrome but with shares.

Listen, two events in the coming weeks.

Event 1 further institutional sales

Event 2 further board chsnges

Then hey presto 42p share price

Watch this space

[howl01] 19/10/2016 16:08

I spent some time the last few days looking at jobs boards, networking sites etc - I don't think it's fair to specify names on here - bit of time and keyword searches by anyone interested will bring up same information - paints a very strong picture of stage of production at cheonan I think....

[mwwh] 19/10/2016 15:56

Fil340: Excessively cautious would be good. Successful companies consistently exceed expectations.

[bagpuss67] 19/10/2016 15:55

Yes led up the garden path by all that snake oil

[syd777] 19/10/2016 15:51

Bagpuss your commander in chief has disillusioned you.

[bagpuss67] 19/10/2016 15:44

Slippy please can we have an update. The share price is not declining as you envisaged.

[fil340] 19/10/2016 15:33

Sampling exercises in the past have never required shift work. So either volume of sampling has gone way up, or they're now into commercial production. Either way, I wonder if ME has been excessively cautious in his approach to providing news.

[beercapafn] 19/10/2016 14:26

Thanks PC..

[perfect choice] 19/10/2016 13:22

Working pattern as stated on vacancies right now from Nano web site:

Working hours:
12 hours shifts, following 24 hr operation. This will comprise of a Day Shift running from 7.00am – 7.00pm and a Night Shift running from 7.00pm - 7.00am. This will follow a 24/3.5 pattern. You will be required to work this pattern which is four days on, three days off, three nights on, four days off. It is a two week repeating cycle across the year. It does not include weekend working, although flexibility is required as the site may operate varied shift work patterns as demand requires.

[redhill9] 19/10/2016 12:50

Yes, individual staff can be working 5 days a week but production can be 7 days a week on shift basis.

[jfacwc] 19/10/2016 10:57

maybe variable 5 days... so including weekends?Just a thought.

[perfect choice] 19/10/2016 10:44

Job adverts clearly stated 5 days not 7 days, but a case of just employing more staff to go to 7 days.

[iomdm] 19/10/2016 08:52

Mike, I am sure it was ME who said it was 24/7. I assume you believe he was mistaken. It was either in the recent webcast or one of the two interviews linked about 60 posts ago, if I get a chance tonight I will listen to them again to confirm what he claimed.

[spike_1] 19/10/2016 08:22

fil340: to clear up one misunderstanding - Nanoco Runcorn are NOT 24/7, they are 24/5 utilising the same staff as now - but moved to shift working, i.e. there is still the potential to go to 24/7 as the next step prior to capital expenditure to increase further. Assuming of course, they don't improve the technology significantly to get even greater yields than now.

Best wishes - Mike

[firminator1] 19/10/2016 07:38

Thanks enteleon useful insight

[enteleon] 18/10/2016 23:24

Firminator1- As we have said repeatedly, there may be some short-term turbulence. The markets are high at the moment and the macro picture is dominated by the US presidential election and the Fed's inclination to raise rates in December. The US inflation figures have just come in which makes a US rate hike more likely. We all know what happened last January(after the Fed did their first raise in over six years) although that massive dip was heavily sponsored by a huge dip in the oil price.

Nanoco is vulnerable to the macro sentiment, the $/£ gradient etc. Also, there could be disappointments from Dow and from absence of news from CES Jan, 2017.

The long-term shorters short-sold at £1.60 odd, so they have massive leeway. The recent shorters are taking a risk. My rough calculation is that Old Mutual lost about £600,000 on their short, but they short-sold at 40p which was very, very stupid.

The charts suggest support at the prior resistance (battle-ground) of 46-48p. Below that we have massive support between 38-40p. Remember the famous quote from Warren Buffett regarding market timing: "There are those who don't know and then there are those who don't know they don't know".

I'm looking past the short-term squabbles; I'm not selling but will add on weakness on a monthly drip-feed basis. The prize lies in the medium to long-term. The old adage says: "Decide what you really believe in; buy cheap; buy courageously and be VERY PATIENT".

[firminator1] 18/10/2016 20:52

should we not have expected the shorters to close their position or at least reduce though

[syd777] 18/10/2016 20:28

Jpmorgan could be in loggerheads with GMT and GSA as they seem to have missed the boat with their short opening at 50.Not many shorts will try to place a short below 50 fearing for their lives.There is no need to over rant, we all longers know where we are heading.Roll on the DOW webcast next week and let's see if anything gives.

[kenirogas] 18/10/2016 18:36

edit.deleted...got all excited as I thought in the Edison interview ME stated that sales were coming through from WH. Just said that's what we should be watching out for...errrr...

[fil340] 18/10/2016 18:01

My understanding is that Runcorn is now in 24/7 production. They can produce 500kg p.a. So I'd say supply and invoicing this year. Announcement of TV's at the pleasure of manufacturers (December - lead up to CES). I've been waiting for years. A bit longer won't bother me (though shareholder panic sure does).