Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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Nige-W, re-why we are interested in what RG is doing. I am reminded of the old "joke" about a man walking down the street at night searching for something underneath a lamppost ... We are all interested in RG's buys and shorts because we can see what he is doing at least to some extent. We would all love to search for information around where the missing item was dropped (the Nano case against Samsung) but there is no lamppost there!
BBD. I'm not sure how you are reaching thta conclusion. Maybe he just saw that the share price had run away with itself that morning and saw the chance to either make a quick 10k or put the brakes on and continue his accumulation at a lower price. I don't think you can infer his view on value from such a small trade compared to his overall holding. And surely given the risks he is expecting 50% plus on his 20p purchases.
Hi BBD
Buy then short is just a guarantee of profit. If RG shorted all his shares, it infers he is happy with getting his buy price, but since he didn't, it infers he thinks the price will go far higher. Picked up a few bob on his short anyway.
Don't know why anyone is interested in what RG is doing. What matters is the outcome of nano case against Samsung, if it gets that far, and what the Chinese (or Apple...) value nano's IP at.
BoL
It would be nice to know when the dates will be.
PP, not one of the reasons you give has anything whatsoever to do with RGs buying and shorting. You haven't referred to it, nor made any attempt at reasoned analysis of it. That's disappointing, because it tends to show that you don't really have any argument to offer, leaving us nothing to debate. With Griffiths buying up to 21.4714 and selling at 30.0465, the 25p figure remains the most convincing analysis of his possible valuation figure so far.
troublsome i get all the other deaths and statistics ok, the other day my own sister said to me shes not concerned one bit about the coronavirus , i said to her , well i listened to a chinese doctor talking about it yesterday , he said he lost 5 patients yesterday and he emphasized that the rest of the world must take this coronavirus seriously , his face said it all, i'm not saying to panic at all, that's very important, just to take the virus seriously as the good doctor said.
it could save your life.
GLA
Hi TB,
Just to put things in perspective :
https://www.rospa.com/Home-Safety/Advice/General/Facts-and-Figures
You are more likely to have an accident in the home than anywhere else which result in around 6,000 deaths per year.
A lot of figures reported by the non-scientific press are cumulative and don't indicate the numbers that recover etc...
Saw a report illustrating an increase in the number of people answering 111 calls who seemed to be packed in a large room like battery hens.
Don't panic, don't panic !!!
Troublesome nanoco feels like I'm in a running race and I'm just at the finish line ribbon, and someone pressed the PAUSE BUTTON, without the C, Virus scenario I would happily wait another few months for its conclusion, it's just that I don't want to hold any shares at all until the world wide total cost of the C Virus is understood, nobody has to tell me, it's obviously going to have a massive financial impact on most societies around the world, the cost for the uk alone will be huge, just think about what you as a individual will do, and how you will change your life, shopping centres, theatre's, trains, buses, airplanes,
Pubs, clubs, sporting events, absolutely anywhere you can pick up this virus , you will avoid as much as possible, I myself have been told by several members of my own family that they are cancelling expensive holidays very shortly with the complete loss of money, that avoidance of places were loads of people gather will have a devastating financial effect on our society. It's early days yet, it's only getting started, when the number of cases go up, the number of people in all these places will go down, and remember China shut these cities and people in there homes.
I genuinely hope I'm way way off here, but that's the way I think it would play out in the uk.
That's why I'm eager to cash in my chips in nanoco. I want this risk sorted ASP. the rest I can perfectly deal with ok.
GLA
Hi TB,
Don't you feel Nanoco is a cheap bargain share any longer - just recall your earlier, far more enthusiastic messages.
This coronavirus reporting seems to have got to you and don't really see why Nanoco should be more affected in the longer term than other sectors. In fact, would have thought some possible suitors might see its potential as a kind of tonic to any global downturn.
I bet you them 4 X 50.000 buys were RG. Filling his boots up in anticipation of our formal takeout bid.
GLA
MRrBWM it's only a reasonable Due diligence statistical expectation to get a update around our FSP, though I totally accept our FSP is complex, / lawsuit etc,
I don't accept we should wait to see if equities go up again, I feel we should accept the best offer on the table right now , as I feel quite vulnerable right now to the direction and outlook for world economies, the cost of this virus could be more crippling than the last financial meltdown. Yes we will bounce back , historically we always do, though exactly how long it will take, and what is the final cost from around the world, no one could possibly know yet, and that's why I don't want to hang around to long here, bank the money and sit tight to pick up some very cheap bargain shares. And then eventually watch them rise coming out of this C,Virus period,
another thing Richard Griffiths is a canny investor, it would be good to follow up on his buys in the future.
That CIRCASSCIA pharmaceuticals looks a interesting punt. RG owns 28.6 % of that company. If that company hits it's expected targets, then the shares could really fly. also it would be a nice target for a pharmaceutical conglomerate to snap up.
GLA
"as far as I see you are the only one having that assessment of RGs actions. no one else comes to the conclusion that the RNS or RGs actions show a value of 25p"
Who cares whether 25p is popular or not, the question is whether it is right or not. If you can't say why you object to the figure, or even suggest any alternative number, then you shouldn't be criticising it. Have you even looked at the RG data? If so, give your alternative analysis of it instead of continually dodging the question.
Hi MrBWM,
' Our waiting misery ' - speak for yourself, I just take one day at a time and am not in Gods waiting room just yet.
However, hope your not up to your waist in water and don't have a persistent dry cough and fever.
ATB
TB - Coronavirus throws up an interesting challenge for the sales process. On the one hand a rapid conclusion would at least put us out of our waiting misery, on the other hand with equities currently valued at recent lows it has the prospect of reducing the selling price. All assets are cheaper now and so we might be better holding out until markets regain some value; personally I think it depends on how long the cashflow situation remains satisfactory.
Incidentally your earlier message says 'we "should" be due it by now'. Due diligence takes as long as it needs and I don't imagine the court case will have speeded things up. The last RNS refers to news 'in due course', which could cover a range of time horizons!
Screenlearner if you read my post again, it says “ could “ we be getting some good news very shortly. I’m asking that question???
Though the reasoning for my enthusiasm is that the average Due diligence time is 30/60 days, we’re past that now, so it’s not unreasonable to think some news might be due very soon, nanoco was obviously happy with several bid proposals to allow due diligence to proceed, so here we are waiting for a update ASP, but more so that we can all bag a good profit, and then hide in our attics until the Coronavirus leaves our shores. LOL
if China had not locked down Those cities , keeping most people inside, then god only knows how many deaths would have occurred, the uk won’t/ has no plans to do that, so what does that mean for fatality numbers. Another thing I was wondering about, if China locked down those cities, then how many older people didn’t get the ordinary FLU and died , because they’d were effectively quarantined, it’s actually possible that the Coronavirus stopped these people form catching the normal flu and dying, I would like to see them statistics eventually revealed,
I’ve seen loads of people over the years bring the cold and flu back to there elderly parents and they died from a ordinary cold, and one was just before Xmas, the elderly lady was 91 though. I’m reluctant to say this for all the obvious reasons, but the Coronavirus May save more lives than it may actually take, by virtue that the elderly are less exposed to the cold and flu because they are now more protected by isolation in there homes.
If I’m honest here I really don’t like the implications for the world economies because of this virus, that’s why I would just like nanoco to seal this deal ASP, I’m sure any astute person would have come to the same conclusion.
GLA
ThomasB, I like your enthusiam but I'm not sure I understand why you believe that we are due significant news very soon. Obviously news will come at some stage and yes, I know, it could be tomorrow but isn't it just as likely that it may take several months or perhaps longer? As for Griffiths, it's good news he is still adding but (a) he might be wrong and (b) even if he is right to invest he may think 20p is a good bet. I have no inside knowledge but I wonder if Griffiths knows or suspects a probably minimum sale price per share. As others have pointed out his actions so far suggest this "minimum" might be around 25p a share but with hopes (I stress hopes) of much more. what do others think?
You mean, like investing ??
ATB
Could we be getting some good news very shortly ? We should be due it by now , let's cross our fingers, we need some good news when dealing with this coronavirus threat. Good luck to anyone with a any particular associated risk.
GLA
He owns 77% of this AIM company, wow how impressive. He obviously knows a good situation when he sees one/ nanoco.
https://www.adamsplc.co.uk/content/investors/company-docs
GLA
RG He keeps on increasing his holding in nanoco, if your looking in here RG thanks a million.
Some of his other investments below.
https://www.marketscreener.com/business-leaders/Richard-Griffiths-05J8QH-E/biography/
https://twitter.com/surprised_trade/status/1234112403207524353
Pity our case wasn't taking place in China :
https://www.chinasage.info/torture.htm
I'm sure they'd soon get Samsung to cough up - whoops shouldn't have mentioned coughing ATM !!
BoL
Also remember that licencing deal Dow chemicals were giving us = 20 X $ 6+ million milestone payments to nanoco , that was also scrapped when Samsung says no to Dow chemicals licencing of our CFQD, then Samsung had our IP know how by then, and just said to HANSOL CHEMICALS here make this CFQD for us/ Samsungs attitude = , we're just not paying anyone any licencing fee at all. !!! Unbelievable and seemingly fraudulent, thus our solid lawsuit.
So we have to also factor in that lost 20 X $6+ million milestone payments, or a proportionate amount of our losses. Nanoco have obviously checked Samsungs TV,s. And confirmed Samsungs use of our IP, I'm wondering if nanoco is holding back on releasing a lost revenue amount, it could be a very high figure, so that they can quietly negotiate with Samsung without anyone losing face, if that's possible.
I don't know about anyone else, but I would be in heaven if nanoco just sold out to any permutation of Chinese suitors. And yes punish Samsung for there dirty tricks, though they are all at it now days,LOL.
GLA
now would LG like to put a stop to Samsung and it's worldwide TV sales dominance. If they buy our patents wouldn't that let them pull the plug on Samsungs sales, I guess we all know that answer already. If Samsung don't pay up, they could be in trouble. After what they come to us , wouldn't it be fitting to just sell our patents to LG, and say up yours Samsung, I simply struggle to believe that at least one of our suitors wouldn't pay a dear price to buy our patents, and really make life difficult for samsung, or at the very least make them pay a fortune to have a definite control over the legal right to use our IP / patents to make CFQD TV,s. Our patents and IP won't go cheaply that's for sure.
https://www.sammobile.com/news/samsung-sold-twice-as-many-qled-tvs-as-lg-oleds-2019/
https://www.whathifi.com/us/features/how-samsungs-2020-qled-tv-strategy-plans-to-topple-oled
Yes TB and quite a range available:
https://www.samsung.com/uk/monitors/gaming/
Need to put a stop to their game !!
ATB
Troublesome I knew there were gamers ok, but what stunned me was the very percentage of people buying the larger QLED TV,s specifically for gaming, as Samsung’s QLED TV,s could cope extremely well with the newer demands of the constantly changing games being played. I remember seeing the older type TV,s being damaged by games being played on them. Quantum dots are absolutely perfect for that job, as they can withstand a million hours ? of use/ 114 years and before any deterioration is seen , pardon the pun,” a game changer “
GLA