Member Info for FlyingHigher

Well there we are! Panic over, no impending doom after all.

What is actually happening in the business is anybody's guess, but it bodes well that LOAM are topping up.

I sold at 160p. One of the few trades I've ever done where I've called it right.

I still believe we could see those prices again in time.

For now, the funding issue remains a deterrent.

"Is this liftoff?" That's what my ex used to ask before being disappointed

TwoGood2Die, that's precisely what I'm hinting at! The BIG warning we all had back in 2019.

Fantastic results, the BT market cap is a joke.

The results were much better than I was expecting.

Sensible valuations for BT put the share price at 500p+

That cheeky bid was placed at 150p, 118p is an absolute no brainer stonking buy.

Put everything you have in here in I say!

I predict an RNS in the near future to say STM have finished their program with Nanoco and there will be no further collaboration between the two companies. The share price falls to 6p.

I don't buy this theory about a matching buyer and spinning it as good news.

When companies have a shocking announcement you often see massive sell trades in the lead up to it.

It seems more likely that's the case here.

You have been warned by somebody who has been bitten badly before.

From 15.5 to 12.25p in no time at all and money is still required.

Who knows how low this will go?

I have been burnt badly back in 2019 when I had all my eggs in one basket in Nanoco and Apple 'unexpectedly' pulled out. I lost £23,000 in an instant.

I realised I had a gambling problem masquerading as an investment 'strategy.'

I get frustrated seeing people lured into a similar mindset.

If you held after yesterday and lost your money today, you're an absolute clown to be blunt about this.

Obviously nobody knew the state of the company before yesterday, but that RNS was saying "take a little bit of money if you can get it before it goes bust." Whatever your losses were at that point was irrelevant, even if you could have got £5 for a Friday evening pint, it was obvious you should have.

Yet, absolute clowns on here shouted everyone down and you lost everything.

So incredibly stupid and if you were on here encouraging people yesterday, you should reflect on that and resolve to do better.

In particular, the clown who replied to me saying why didn't I see it before yesterday.... Irrelevant, lots of people didn't, but to hold yesterday..... Madness

A 28% spread is due to the obvious fact that there are way too many shares available because nobody wants them because the company is due to go bust.

No corruption.

No driving the price down.

Just a rational market response to the perilous position of this company.

Don't buy these shares for goodness sake.

I get so fed up of this nonsense.

Every company that's ever on the brink of going bust has loads of punters living in fantasy land about how it's all going to be OK afterall.

I saw this on McColl's and so many others in recent times.

Get out with what you can before its too late and take it from me, if you're topping up now you have a gambling problem.

You'll have more fun at a Casino.

Be sensible.

Really positive, but against the backdrop of so much economic uncertainty! Let's see what happens.

Delays. I also think GGP has a lofty valuation at this stage.

I think this will drift to 4p.

Back in March, I looked at SED when it was 20p. I hovered above the buy button, but then did an extra review of recent results. It was obvious to me that they needed a lot of cash and that put me off.

That proved to be a terrible call because they shot up to 60p, but it was the right principle.

I couldn't have slept knowing I'd taken a bit of a blind gamble.

I missed an opportunity, but I also feel the BoD missed an opportunity by failing to address the obvious funding issues at a discount to 60p.

Now SED are looking at funding at a discount to 20p and the concerns I had back in March are finally coming home to roost.

Really poor management.

There's no credible investment case here until the funding issue has been resolved.

The financial health of this company is awful, so I think they could struggle to raise funds for much longer.

The higher the risk, the greater the discount has to be.

I wouldn't be surprised to see a placing at 15p forward sold into the market.

The US is collapsing and Eurasian economies are linking up with Russia to preserve their wealth. In Senegal there have been massive pro-Russian demonstrations. British and French embassies rushing to evacuate Africa as the people are booting them out.

Make no mistake about this, global wealth is being redistributed like never before.

The Ukraine war is a smokescreen as sad as it is that huge numbers of mostly Ukrainians are being killed.

This is really about wealth and people in the UK feel virtuous for supporting Ukraine and the environment.

In reality we're all just getting much poorer, Ukraine is being totally destroyed very methodically, which takes time and the environmental impact is just shifting away from us to other countries gladly benefiting from a standard of living the west have deprived them of for centuries.

It's truly remarkable!

Global boiling, slava Ukraine, it's a great and very tragic deception, but I'm glad for those poor nations getting richer from the stupidity of British people.

You should be banned from LSE.

The one-off licensing fee from Samsung has skewed revenue upwards hence the £5m+, I forgot about that, thanks all.

This makes it more tricky to value the company and applying a P/E would be inaccurate, although the company advised that the ramp up of sensing should match this revenue for the next year. We shall see!

For now, this remains a very safe but boring investment with the risk that the market could value it lower based on uncertainty. Like I said, surely not lower than 10p, that would be silly. I consider that the floor because around £30m is proven cash and assets and obviously IP is worth something more.

Thanks NGR. If Nanoco becomes a significant commercial producer in sensing applications, I'll concede that an early settlement may have been sensible. It remains a big IF though.

That was a very professional update, which makes me wonder if the board have been reading this forum!

Nanoco are now in a much stronger position than ever before and it seems as though they are actually finally on the brink of commercialization. We've seen contracts come and go before though.

Valuing the business is obviously tricky because a lot is still unclear.

What's clear is the business is in a strong position and here to stay.

The risk remains that the market could value Nanoco lower based on cash and the production site because IP value remains very unclear. Somewhere around 10p is probably the worst case scenario bottom.

Absolutely should have gone to court across multiple countries, then entered negotiations after the initial damages verdict, likely in the billions. Nanoco could then accept £1bn and we'd all be happy.

Unfortunately, they were so eager to settle for the preservation of business that we still haven't seen anything from. It's a shambles.