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I'm not sure how much faith I have in Candlestick analysis, but British Bulls (which generates buy and sell recommendations using end of day candlestick analysis) have changed their recommendation after close of play today to a BUY. Let's hope they are right. They gor the last sell recommendation pretty correct.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=NANO.L
It is great that LOAM has the confidence to up its stake by such a margin, even if were just a defensive move to protect against Samsung’s agents building stakes. It shows real confidence in their investment.
I suspect it is more likely connected to orders/announcements than the litigation though, which probably has a number of twists and turns to take, potentially over a year or two. At least I hope so, because it will make for a far better outlook and returns.
Nice to be going back up again.
Any accompanying licensing agreement could be worth as much to the share price as the settlement lump sum.
If we win the trial and the basis of the award is in our best case scenario (I know , I know big couple of ifs) this would be far from chump change. Even Samsung would find it hard to payup quickly.
I think Samsung’s burgeoning legal team tells you that they are at least going through the motions of taking this the whole 9 yards, regardless of markman and patent board decisions.
Show of force, chuck the kitchen sink at it etc, if it all goes Pete Tong, well, back to plan B and we settle.
It’s worth bearing in mind that even an astronomical, record breaking settlement would be small change to Samsung. I honestly reckon they see this all as a free hit where there isn’t much to lose on their side and like I say, if the litigation heads south, get the cheque book out and make it all go away.
Ask yourself this: if Samsung thought markman and Patent board are a slam dunk in their favour, would they be busily assembling the Avengers of litigation right now? Of course not. They expect to get smoked on both counts and they will see us in court thank you very much.
Either way, and I keep coming back to this, markman will be a critical signpost. If it goes in our favour then our prospects look very good indeed, regardless of Samsung’s posturing.
Wouldn't the need to pay the huge price to entice shareholders into accepting an offer discourage companies of using this method to make litigation go away or,conversely,if you are going to pay a large sum anyway why not pay a bit extra to own the IP that made the offender so much extra revenue in the first place-they know it works,they know there is a market for it.Settlement/damages represent a bit of a sunk cost anyway so if you think you are paying out no matter what why not pay out more to buy something which you can use to generate revenue/licensing fees in order to recoup some of that cash you are inevitably laying out anyway?
The argument that the larger the award the more likely the chance of a bid due to these factors could be made I suppose. From what I understand apple have a bit of a reputation (as did microsoft in their early days) of buying companies specifically for their IP so things like this may happen from time to time. I think settlement is the more likely option as any bidding war for nano would quickly come to outweight a sttlement/award figure,and if samsung don't win any war they will be giving a company swollen with their cash to a business rival-quite embarassing,but if QD are potentially as big a market as has been previously mentioned anything is possible.
I have doubts Samsung is buying NANO. Firstly, would it stop the legal action? I would guess not, otherwise any big company could buy a tiddler as a way round flagrant IP infringement and that wouldn't be justice (or am I being naive?). Secondly, they would have to pay a huge price to entice shareholders into voting in favour of a takeover, when those who have invested believing we will win the legal case are expecting a large increase and possibly multiples of the current SP, especially considering the separate recent Intel award, plus Samsung's recent court failure.
We are still some way below the recent high. I suspect some people want in at this price in case they get caught out by a piece of good news. And we are expecting news (hopefully positive) in the next few weeks. The rise today is still relatively modest, and we will have to wait and see whether it sticks , extends or ... you know does that other thing we don't like talking about!
Maybe Samsung are less confident of their position as they might have been last year?
I don't think this is a takeover.I think it's just Lo displaying a degree of confidence in Nanoco's position, perhaps they have a sniff of future business with STMicro?
If Samsung wanted to buy the company out,. they could have done so much easier last year by placing a sensible bid, but they did not.
RG has been there for yonks.
SP is going up this morning on lots of sales..... Only a few tiny purchases.
Well one of those sales was my own buy and further 'sells' happened later at even higher price. Looks like some funny business going on. Makes sense that Samsung would try to buy up as many as they can, then go for the takeover at a bargain basement price. LO have been in a long time but has RG?