The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Wah Hong share price is up because they've recently announced a dividend and earning per share of NT$1.51 for 2018 "an increase of 2.2 times, and a new high in the past four years. It is expected that in 2019, the shipment of automotive polarizers will continue to grow and the cutting equipment in the latter stage will increase".
Seems the outlook for Wah Hong is pretty good at present - but I've (rightly or wrongly) come to the conclusion that Wah Hong's performance recently has nothing to the with Nanoco or QD's.
https://m.moneydj.com/f1a.aspx?a=95e761b0-d389-4038-b43c-ef97116bb0cc
I’m a little concerned about what the results may throw up next week. I’ve had a growing concern that there is still not an identifiable Nanoco CFQD display on the market – and so display income will be ‘kicked down the road’ again. This statement in Wah Hong’s Q4 2018 results as also got me worried:
http://www.wahhong.com.tw/download/fin/fin_report2018_Q4.pdf
See top of page 74. Rough translation is as follows:
“The total amount of the company's technical license payment is determined by the sales volume that can be reached during the contract period. The estimated total price… is about 95,255 thousand. It is paid in multiples when the agreed sales volume is reached. At the time of the highest possible payment, the expertise and other payables were recognized and paid in the amount of RMB 31,795 thousand. However, in the 107th year ……it is estimated that it will not be able to reach the agreed sales volume and the remaining amount is not required to be paid 63,460 thousand.”
I believe Wah Hong report numbers in the New Taiwanese Dollar – and so if I’m reading this right (happy to be corrected), then in 2018 (i.e. 107th year in the Minguo calendar) Wah Hong sold c. 1/3rd of what they originally envisaged under the Nanoco agreement…. (c. £0.75m instead of c. £2.4m)?
Looks like WASS made a recent pitch for airport work in Chile:
https://www.leylobby.gob.cl/instituciones/AD020/audiencias/2018/81144/303183
This one is potentially quite interesting. New Westminster Aviation employee (Commercial Director) recruited this month. Seems to have extensive experience of being stationed in East Africa - with some work also training staff in the Middle East....:
https://www.linkedin.com/in/vincent-toscani-65580310/
New employee on Linkedin:
https://www.linkedin.com/in/tony-spanswick-453399b/
Recruiting for Security Guards for a contract in Southport:
https://www.indeed.co.uk/Full-Time-Security-jobs-in-Southport?vjk=12ed93b9ab74eee4
New registered address for Westminster Sicherheit GMBH...:
https://www.moneyhouse.de/Westminster-Sicherheit-GmbH-Bernau-aChiemsee
HP site suggests that their new 65 inch gaming monitor is Cad Free...:
https://www8.hp.com/us/en/displays-accessories/gaming/omen-x-emperium.html
Not sure if this has been discussed before on this board(?) - any ideas if they are our dots? I believe this is one of the Nvidia BFGD's with the panels supplied by AUO.
New DuPont page about Trevista:
http://www.dupont.com/products/quantum-dots.html#overview
MD of Westminster International (Stuart Gilbert) spotted in Nigeria this week:
https://www.linkedin.com/feed/update/urn:li:activity:6509722195747495937/
Job advert suggests MicroLED component production is 24/7.
https://www.networxrecruitment.com/Jobs/Advert/1528931?cid=1640&s=False&t=Shift-Facilities-Engineer&l=Plymouth
Any chance the ‘upgraded light engine’ could feature Nanoco’s Dots?
https://next.reality.news/news/vuzix-reveals-first-smartglasses-running-qualcomms-snapdragon-xr1-with-m400-0194137/
“ Vuzix expects the next-generation smartglasses to enter volume production this summer ...... Vuzix announced last year that its next-generation smartglasses would include an upgraded light engine (the component that generates visual AR content) from Plessey”
Nanoco shortlisted:
http://www.plc-awards.co.uk/awards-information/shortlist/
Just a reminder as to why we know the airport contract is IKA:
https://pasteboard.co/HOaBo2h.png
https://pasteboard.co/HOaDv1M.png
https://pasteboard.co/HOaEsjS.png
https://pasteboard.co/HOaGbiS.png
https://pasteboard.co/HOaNvhk.png
Salam terminal at Iran's Imam Khomeini airport to be ready by end of March
https://en.trend.az/business/economy/3016482.html
Slightly fuller article now available:
https://www.aviationpros.com/airports/news/21060064/iran-to-construct-mega-terminal-at-imam-khomeini-airport