Member Info for Basscadet

A bit more searching reveals that all Vizio TVs are assembled by Amtran. A Taiwanese company that buys panels from Innolux, AUO, Foxconn and others. Vizio itself doesn't manufacture anything and always goes to the best value supplier. So, who knows? but at least it removes one point of doubt from my mind. That Nanoco was concentrating on their work with Taiwanese OEMs. That doesn't rule out Amtran.

After displaying scepticism yesterday that it was an AUO panel I think I'll express the same that they are Nanosys dots. "We're always excited to see great new Quantum Dot products hit the market so we've rounded up some of the most notable excerpts from the first Vizio P-Series Quantum reviews below." Sounds like they are admitting it's someone else's product in the above sentence. I don't think we ever get to know for sure in this business.

Dilution is always a concern NigWit. We just need to know that the money is being spent well and that's it's not an endless conveyor belt. The fact NANO has no debt and has historically been reluctant to dilute is reassuring to me but the outlay has to come back in profit at some point. Unless this company's really Amazon and no one told me.

If Peel Hunt are correct (pinch of salt house broker and all that) I think we'll be okay for funding. All comes down to the additional costs vs. upfront and milestone payments for the new contract. Then yes it's all execution risk.

What a tangled web :)

I'm sure it stated a 'new' company to Nanoco in one of the releases. We've obviously been working indirectly a lot with NVidia so fits the bill. That description does look a lot more like Dow though.

Apologies. One other point of doubt, "Focussing on Taiwan OEMs."

Yep. My money's on NVidia now.

On this particular model yes. It pays to be sceptical in this game NigWit. I note Samsung is still on the list as well as others we have no information on so far. Dell have no known plans to introduce QD screens for example. 'Working with' could be on an imminent product release but it could also be on next generation products that are years away or simply collaborated on a presentation together. My own searches found that Vizio use AUO but also buy from almost every panel manufacturer. I haven't read the presentation yet. Will get to that today. I do note that that the potential customer list has been updated since the one to KIDS on Feb 9. Vizio are a new entry. That's an interesting point in itself so I am hopeful. The price is only thing that has me questioning. It would be a breakthrough if CFQDs.

We'll each have to use our own judgement over the amount of salt to be taken with that list. It still looks like a list of everyone they've met at a conference. For me, I want to see the revenue now. The Vizio TV looks like a significant product for a couple of reasons like I said so fingers crossed.

I wouldn't give that much weight to be honest. Just my opinion but I see the list on page 9 as, "Every OEM we can think of." Not, "Companies we are actively engaged with." Still, as there's a chance I'll add the 2 points of info I found out. Expected release date is late June and the consensus amongst commentators is that at that price point it has every chance of being a huge seller.

No worries rc30. Glad you did if it teases out a Nanoco connection.

Didn't see that Nigwit. Wast that in the RNA or the transcript please? If so then I see this as very important. The price point beats OLED hands down (for the first time), it's an entry into the US market which I was writing off while Loofa Face was in charge due to indiscriminate deregulation and I did a few searches yesterday on the P Quantum. It's getting extremely good early press.

Posted this one up yesterday. AUO is a known supplier but not the only one. As a US company I doubt they're bothered about the cadmium thing. Not sure what chances that gives of it having NANO's dots. Impressively cheap. Probably leans toward cadmium based.

I feel more positive after reading the results transcript. "Significant,' "Game changing," etc. Partner payments this year need to be in the order millions. Lets hope they are. Also, 8 programmes moving to commercialisation that "Will be going to retail." 3 monitors, 3 BFGDs and 2 TVs? If all revenue came from Runcorn in H1 and the $38 a gram assumption is safe then they sold around 8,000g. If none of the 8 programmes were in mass production but are going to be in H2 that figure will hopefully leap as well.

Thanks rc30.

As distraction from the half year results here's an unsubstantiated assumption... Vizio launch the P-Series Quantum this summer. The Quantum is 65" only, has FALD and AUO is a known supplier to Viizio. However, they use panels from everywhere. It is also surprisingly affordable for 75" QD FALD telly. https://www.cnet.com/news/vizio-2018-m-series-p-series-tvs-do-local-dimming-for-less/

In May. I wonder what the hold ups have been and whether the BFGDs will be plagued by the same issues (as they appear to be AUO's).

Thanks ddubya and thanks for your take Nigwit. My reaction is negative. I hope it's unfounded but I can articulate why. Deciding to invest in a new technology company is always a balancing act between the size of the opportunity and the costs incurred to get there. Timing is key. The update has changed my expectations regarding both formal and informal guidance given previously by the company. The formal part, that we are funded until mid 2019, is blown completely out of the water I think. The informal part, that Dow revenues are increasing and that we are in full execution mode (I would expect some sort of ramp up last 1/2), really doesn't look credible. Unfortunately, the text of the update is obfuscatory. It's not possible to draw any conclusions as to whether such concerns are unfounded or whether Nanoco is struggling. Some specifics... Display (my expectations lowered): - Dow is a dead duck. If we get anything from them over the next year it will be a bonus. - Merck is several years off doing anything significant. This is as expected. It's a great partnership but as we know, due to natural product cycles, it takes a couple of years at least to be up and running properly. As they're working toward the future product area of the IP I would think it'll be 5 years before we get anything significant from them. - AUO really does look like the partner Nanoco always needed. The 4K monitors and the BFGDs appear to be amazing products. I'm sure they will establish a reputation for quality. They're niche though. Revenue would be significant if I were not now less confident on costs and with nothing else coming from Dow. The new partner (sounds great but short term liability): - Obviously a very big and significant opportunity. - CAPEX maybe covered but I doubt OPEX is. So all the new staff, admin and any further research will be paid for by Nanoco. This is the main reason I don't think existing financial guidance still stands. - No disclosure on the upfront or milestone payments. We have nothing to gauge whether it will even start to cover the additional costs this year. - Taking staff from Display doesn't feel right to me. Display is supposed to be the main driver for the company. Everything depends on whether the management is doing the right thing here. Other business lines (expectations unchanged). All are very promising but still a long way off. I can't see any significant income for many years: - Stadium lights - Qatar 2022. - Careware in discussion with the Chicago Cubs. This is not going to become a big business quickly. - Agricultural lighting is not an industry yet beyond a few show offs trying to get on BBC Click. - Good to hear progress in LIfe Sciences but but I worry there's potential for significant cost increases. Clinical trials are not cheap. Overall, financial risk has increased. I haven't sold any today but might trim my holding by 50% if the SP rises above my average and buy back on news

Thanks ddubya. Did he say anything about current finances or short term outlook? Also, did he take any questions?