Member Info for FlyingHigher

It was also interesting that he said Nanoco need to prove the £46m valuation through commercial partnerships. That infers it could be less in reality.

How much less?

Perhaps the lowest bid could be £30m or 15p.

That would make the current market right and the market is never wrong apparently.

The lowest sensible valuation in the near future would be 23.6p if the company is sold at the £46m accounting IP valuation. That would be a disaster for long-term holders, many of whom rejected 24p recently. There is also £20m cash but assuming that gets depleted in the purchase process.

My prediction remains £70m for the whole of Nanoco at 35p, but we should base our expectations on reported figures.

There is no proven value in anything else. It's speculation.

For traders, this is a good punt for a quick buck.

For long-term holders this is a sad ending.

They're not my buys

Here's the proof =>

https://youtu.be/dQw4w9WgXcQ?si=uLlegUFax9yxTmL4

Yes sue them

In Brian we thrust!

My personal friend Mike used to claim he was selling his shares for charity every year. What a lovely thing to do.

It's so positive to see a sizeable investment there. That aligns Nanoco Leaderships' aspirations with private investors, which bodes well. The current market cap is obviously stupid.

We now have 23.6p based on the accounting valuation of the IP.

10p based on cash.

Then as the update points out, the rest of the business has some value.

Add some value there, discount the cash a bit for cash burn and 35p looks very realistic.

The gap between true and market valuation is too large. There is loads of cash and a great business, making it more likely the share price will go up to reflect this. My target is based on personal finances not what I believe to be fair value. I will sell at £8,000+ and I have 33,119 shares.

Fair value is around 70p

Topped up! Target reduced to 24.2p :D This will pop.

It's going to 15p again to make my top up more expensive.... typical

Ahh yh, but someone from their supply chain might

Then the good bit. They're going to sue Apple/the Apple supply chain.

Apple and Samsung get embroiled in a bidding war.

Apple buy Nanoco for £1bn

I understand what people are saying now.

This update is all smoke and mirrors.

1) They lost the major European customer. Although they retain the Asian customer, it's very unclear what the prospects are there and history tells us they'll walk away.

2) They've added new people to the board, which will increase wage costs. What for?

3)Revenue up from £5.6m to £7.9m but subtract the Samsung payment and it's actually £1.9m

4) EBITDA of £1.2m is actually LBITDA of £4.8m. Bloated costs and absolutely nothing to show for it.

5) Did they return £33m to shareholders? I'm not sure if they mentioned that.

6) They spent £1.5m fitting out the device lab for basic qd enabled sensors for R&D scale. More testing that will probably lead to nothing.

7) £46m for the Patent portfolio is actually disappointing. A decade ago we were talking about £1bn.

We have 4 years to get a sale, which I think will be £70m.

4 years before the cash runs out.

Let's get out at 35p and put this whole sorry sage behind us.

Christopher Richards and the three musketeers

It will rise to 100p according to Milk Stout

In my view, the business prospects are a nonsense. I think they're trying to talk a good game to present a strong hand for the sale. A business has failed to commercialise anything in countless attempts, yet this is it! Yh right!

However, I remain optimistic that there's substantially more value than in the current share price. My £70m prediction is obviously baseless and it comes down to how much value is in the IP for another business to make.

I still predict another large-scale litigation battle to emerge, then a takeover.

If it's apple, then £70m could prove conservative.

£5m for facilities is also stupidly conservative.

£46m for IP, £20m cash, £20m for facilities.

The apple refit was around £20m.

That makes £86m.

I think with some cash depreciation, £70m remains a realistic expectation.

£70m for the entire company is very realistic.

35p and we're out of here.

i doubt apple have infringed.

i suspect nanosys, hansol & lg have.

launch a massive lawsuit and sell up on the value projections i say.

if we can get £60-£100m for this croc of ****, we'll be laughing. thats optimistic though.

Milk float will get us 100p per share though