Member Info for Escala

Dangerous statement to take at face value.

As I said earlier much of the pre settlement MCap had already priced a settlement in. And the final figure may be well short of the sums you say. You are guessing, as are we all. My guess is that 70p is about fair value right now, rising to £1 on release of settlement figure then organic growth to £1.50 over next 6 months.

I am a novice in Nanoco. As I posted last week I took a punt and it has paid me back enough to fund half my flying lessons.

But the question for me is should I sell out? To play devil's advocate, might 60p not be about fair value?

The last reported figures show that Nano has a turnover that is negligible and is loss making. However the pre settlement MCap was around £140m. Much of that was because expectation of a settlement had, to an extend, already been priced in. At least 50% looking at recent SP activity. So let's say the "true" value was about £70m, all of which was potential.

Let's also say that the Samsung settlement will be £400m all in. Nanoco will lose a third of that to legal backers and more in fees etc. So that £400m becomes £250m. Let's add back in the £75m original MCap and that gives £325m MCap as a MCap going forwards. That equates to a SP of around a pound when the settlement figure is known and presuming as high as £400m. A 30-40% discount on that figure, given the uncertainty, doesn't seem outlandish.

So I see 60-70p as fair value at present. Although I will probably take the risk and hold out for £1. Then maybe ongoing organic growth.

Very happy to be challenged on the above, but please only with facts and figures, not unfounded sentiment.

Congrats to all the LTHs here who have had their patience rewarded today. it was comment on this board in part that persuaded me to invest.

I hope, but I don't expect. That's why I said it is a gamble! Also fully accept I may lose money, hence limiting exposure to £10k. This is a punt. However, if case lost downside is, at a guess, 50%. Potential upside with the right damages is 200%. I will follow my usual rule though and if it increases 33% before the verdict I will take that profit.

Seems to have levelled out at 43p ish on the offer. Have taken a £10k gamble with these this morning. If court case goes well will take the profit and let the original £10k run. Will be an interesting couple of weeks.

Like I said, no way Garonne could do this. Clearly feels that he has a right to repeatedly say the same thing over and over again. Maybe he doesn't understand his message first time he reads it. Or the second, third and forth. But the rest of us do. Why he feels his polarised and highly negative view should be allowed to dominate the board is a matter for speculation. Paid ramper? Socially unaware? Personality disorder? Or just a bit thick?

I tend to live on the AFC board but the nanoco story caught my eye and I am as of today investing. Having read this board i just want to say what a delight it is compared to the toxic narrative found on the AFC board. So refreshing.

It's a great though. But there is no way Garonne and DW will be able to abide by it.

However, if we could do this and give opinions based on evidence as it arises this bosrd could get back to being the useful place it once was. Some of the simply nasty characters (I won't name them as all will know) will also need to change their ways. leopards and spots??.....would be nice.

Incidentally AFC are currently 5% up on Tradegate Garmoan

Better fortune here Garmoan would start with you either disappearing or having some respect for your fellow shareholders. If you actually have any shares of course.

Not absurd at all Garmoan. Listening to you making the same point day in day out without fails is much worse than watching paint dry, You are tedious in the extreme.

Not taking time off from your paid bashing antics over the holiday period then Garmoan. You make watching paint dry seem interesting.

Suspect he hasnt sold many bog brushes whilst the rest of us relax.

I'm afraid I'm calling it.

AFC clearly signalled that the ABB unit would be delivered in late 2022. That would have triggered a payment.
It hasn't happened. Another AFC expectation missed. Bond has to go.

Garonne, even for you citing that as an example is mind-bogglingly stupid. Alt expressed a perfectly legitimate and valid opinion and took care to phrase his comments to be totally transparent. You just don't seem to function at an intellectual level that is even close to the norm. You have pretty well singlehandedly (with help from DW and the deplorable Ade) taken this board down to a level at which is no longer has anything but vague amusement value.

Not exactly balanced reporting from the reviews on that site is it Daz? Any reason you have picked just the most negative, and missed the positive comments re the working environment?
And the review you cite is from one ex employee who worked there less than a year. Seems he/she could not cut it and is disgruntled perhaps.
The only toxic environment it seems to me is that between yours and Garonne's ears.

That's a lucrative paper round you have there Ade. Given your usual standard of spelling I suspect you mean Margate.

Ade, please don't leave this board. Your posts today remind me that however stupid anyone is there is at least one person on Earth more stupid.

Sadly I do for once agree with Ade. I think AB specifically, and AFC in general, has misled investors over the last 3-4 years. From being told they could sell fuel cells tomorrow, to being told to expect multiple orders last year, and again this year. Now these pilots are over we need evidence that AFC can sell anything at all. If that does not come soon then it is time for AB to go.

Sadly it does say role-out and not roll-out. When the new website was released there were innumerable typos and spelling mistakes. This is another. This lack of attention to detail is a concern.

This is ramping idle speculation without a shred of evidence and is exactly the sort of thing that discredits the board. Anyone can pick anyone of thousands of companies with a single overlapping factor and suggest they could be working together.

Here's one I think is true.

British Airways have lots of planes and serve dinners on them. Farmer Bunce of Bognor grows carrots. BA meals have carrots in them. BA will certainly know of Farmer Bunce because his carrots are sold in the M&S in terminal 5 at Heathrow where BA pilots are known to shop. BA are Farmer Bunce are both members of the Carrot growers and users association. So BA already be working with Farmer Bunce to buy up all his carrots for next year.

Please can we keep this board grounded in a degree of fact and not make up associations that are just not there yet.

Except they are not.