Nanoco Share Discussion Threads

[jfacwc] 05/12/2016 18:19

curious nano success?Nano have been in the top ADVFN list for three consecutive days! (The London Losers..)

[onething] 05/12/2016 18:09

Maybe he could declare the advent of another transformational year.

[howl01] 05/12/2016 17:47

Blind hope all I have left now - wouldn't like to be in ME's position at upcoming AGM - unless he has something up his sleeve..... Yawn

[firminator1] 05/12/2016 17:19

..for now !!

[firminator1] 05/12/2016 17:09

Let's see what tomorrow brings. I am holding

[fil340] 05/12/2016 16:43

One positive piece of news re Dow will have everyone on this board wondering how they allowed themselves into the doom is nigh echo chamber.

[slipperysidewinder] 05/12/2016 16:36

Well done. But it should have been sooner. At least you bit the bullet.

But what I would say is that the purchase of the Kodak IP is only relevant if Nanoco are around in 10 years. As Nanoco are already finding out, (probably to their cost) IP has a shelf life. You have to make the most out of it under ticking clock conditions. ME has already indicated, QLED is not a focus up until after the medium term. In other words it is long term.

Get on with the job in hand. Make the shareholders some money. That is ALWAYS priority. The problem with boffins is they are forever moving off tangent and onto the next big idea. Apple and ARM both built on pragmatism.

[kuss1] 05/12/2016 16:33

I disagree USS are selling because of inside knowledge. They are restructuring their pension provision. If it was inside knowledge all the institutional holders would be off-loading not just a single seller...

This has been a year of progress yet the share price hasn't moved on..

But each to their own buying or selling...

[mwwh] 05/12/2016 16:26

SSW: Congratulations to you. I have always said that I would not sell. I lied. Friday, I sold everything (almost 50 K shares) for the following reasons: (1) The gift of cost-free options to employees appears to be a desperate attempt to keep employees through bad times; (2) The University Pension sale is probably based on insider knowledge, to which they have easy access; (3) There is little to hold the price up prior to the AGM; and (4) I expect management to announce little at the AGM other than a need for additional funding;

The purchase of Kodak IP was probably a good move and complementary to Nanoco's current products, but had nothing to do with the price drop. I will keep and eye on Nanoco and possibly buy after the AGM if and when I see real revenue and not just pipe dreams.

[slipperysidewinder] 05/12/2016 16:23

Level 2 showing buyers wanting it cheaper.this could hit 35.

[kuss1] 05/12/2016 16:22

Someone sells someone buys. Now at historic lows years before the Dow deal.

See what's said at the AGM..

[knobbly] 05/12/2016 16:14

J777J, So USS have possibly a little over 4 million shares (1.7%) left now?

I wonder if today's effort was a trim or the start of an all-out dump.
If they keep this rate up the pain will be over by the end of the week.

[j777j] 05/12/2016 15:59

30 mins left 1.8 million reported trades on lse and isdx. Already above my estimate.
Dark pool trades remain unknown.

[slipperysidewinder] 05/12/2016 15:06

You guys should be hoping that the CEO becomes history and a hard headed experenced top level leader takes over who will ultimately make a success of the enterprise.

[slipperysidewinder] 05/12/2016 15:00

I will tell you about misinformation shall I?????

"Patient investors have not got long to wait".

That statement was made by ME at the time of a fundraising at a figure several times what the share price is as of two minutes ago.

Many moons later and with no significant revenue or product rolling off a customers production line, the Nanoco share price is reaping what had been sown by its CEO.

[j777j] 05/12/2016 14:55

You deliberately put out misinformation. As you sow you reap.Enjoy.

[slipperysidewinder] 05/12/2016 14:52

Nothing to do with Karma and everything to do with a failure to stick to a critical path due to poor implementation of a business strategy.

If Nanoco is to be a success it will be with someone other than ME at the helm.

Quite simply investors have lost faith and become sceptical to say the least. The recent accountancy discrepency didnt help to boot.

[j777j] 05/12/2016 14:45

If you can look yourself in the mirror and be happy making money by disseminating false news,good luck.However,Karma is a very powerful law.

[slipperysidewinder] 05/12/2016 14:41

J777

Ive closed 70% because I am in the business if making money. You may be here for other reasons but I doubt it.

[j777j] 05/12/2016 14:38

5 problems that you created in your own head.5 problems you have such conviction about,but then you closed 70% of your short. Oh dear.

[slipperysidewinder] 05/12/2016 14:28

No we are not there yet. Level 2 is showing no demand from investors. We have 5 problems here.


1 A definite large overhang of stock.

2 After the CEO has recently repeatedly said that Nanoco"s focus was on the commercialisation of OLED. He actuslly states in his latest RNS that "medium term" this is the future. And he had spent hard earned shareholder funds on unproven IP to support a market that is to develop at some time in the distant future. Furthermore, he gives no indication of what has been paid. Adding further doubt to his claims of Nanoco having sufficient funds to see them through.

3 In a recent podcast ME gave no indication of the commercialisation of Nanoco's technology in 2017. Just saying they will be, "looking to support it's licencees".

4 Nanoco have refused to inform the market of receipt of recent royalty payment and the amount. Further fueling the view that it is so low it is not worth mentioning.

5 With no news expected the share price will struggle to support itself.

Finally, it looks like another fundraising will be on the cards sooner or later. If ME is still around, when questioned on previous statements saying Nanoco had enough cash, he will probably say that this was before the oppurtunity to buy IP from Kodak arose. Giving him a lame excuse for a further cash call. In other words he will say it wasn't factored in.

That is my take. Incidentally I closed 70%i of my short at around 12.30 today you will be happy to know.

[j777j] 05/12/2016 14:25

At current burn rate of around 200,00 shares per hour,could be 1.7 million reported trades today.So the 400,000 a day clown is way off.

[j777j] 05/12/2016 14:02

Another 400,000 traded today on isdxSo 1.3 million reported ao far today.

[j777j] 05/12/2016 13:58

With dark pools and delayed reporting,hard to tell when overhang is cleared.Nearly 900,000 already reported on lse.