Member Info for FlyingHigher

This looks set to go sub £4 again in the coming months. From that point it will be a reasonable buy.

I hope for your sakes I do! :)

I'm out for now. A great little trade successfully executed. Good luck all!

It tends to bounce very well from these levels. I wouldn't be surprised to see 20p in the very near future, but we shall see!

$5m for historic royalties on this calculation.
I think GigaWitt and others could have been right though, they probably agree $150m and made the numbers work.
It may not have really been that forensic.

It makes me uncomfortable that some seem so keen to uncover somebody's personal identity and then conduct a character assassination.
Gigawitt has the absolute right to partake in discussion with complete anonymity and we should all respect that.

We've seen this all before though sadly

My response was to HH.
I hear what you're saying BC and agree.
I don't think this contracts will be very large though given the lifetime of the patents from this point.

That's like saying a minimum wage earner earning £9.50 per hour for a 37.5 hour week earns £18,525 per year, but has the potential to earn £83,220 if they worked 24 hours per day every day of the year.

Nanoco will sue more parties for billions of dollars but settle for a few million. I'm not sure I can be bothered.

troublesome - I lost my marbles when the forum when to pot with all kinds of ridiculous forecasts after that second RNS. At that point I was speculating on what would happen if Nanoco retained little or nothing.
Now I base my view on current value and the share price sensibly reflects that.
Hopefully things should be a lot clearer with the sensing business in future, but I won't be surprised if we get more vague updates surrounding revenue.

After the second settlement RNS that dampened expectations,
I ranted on here and annoyed lots of people with why I felt the company was definitely overvalued, but I was trying to help others avoid further losses and now I think we've hit a more sensible level.

I imagine Gigawitt sold for the same reason as I did: that the company had a lofty valuation for where it was at.
I gather he has since bought back in and so have I now that the share price has fallen to a more sensible level.

The investment case here now is a very calm one.
The share price is clearly about right for the cash and assets the business has.
The cash burn is extremely low, meaning the company has a very long time to build a sustainable business from sensing and other QD applications.
This means it's gone from a high risk litigation play to a speculative low risk Quantum Dot applications business.
I invested at 27p based on the comfort in the current valuation and hope that the next news will increase value and the share price rises to reflect that. It's a boring case though.
Speculative Buy, targeting 36p.

Like a fully fledged sensing applications business returning profits perhaps.

HH although the early settlement scenario was different to the prospects for a trial, what I find baffling is how BT had the nerve to describe it as a good or transformative outcome.

Like you're saying, if our expectations for a post-trial outcome based on the two models presented were unrealistic, BT should have corrected this beforehand.
Or
If something changed in the discussions that led them to believe such an outcome was less likely, that should have been explained.
To present an obviously devastatingly disappointing outcome as anything other than that is a lame attempt to pull the wool over our eyes.
To me it looks at ridiculous as being offered $90m now or $1bn in 3 years time and they've taken $90m now.
This is based on increased US sales since the trial was announced. A multiplier applied for willful infringement.
The Chinese and German trials with an EU injunction. The last point being the real pressure point for Samsung.
Sure US appeals are never-ending but the EU appeals aren't and the injunction is issued after trial.

So I reiterate my point that if these prospects were correctly reported by BT himself (which they were) and still in play, then it's mad to take $90m. By the way, I think something probably did change in the discussions though, but that's what we're not being fed and instead we were treated like children, who BT/Nanoco thought wouldn't be able to see the obvious disappointment.

It's no wonder investors on here have called for BT to step down.

Tariq is an opportunistic investor then, well let's hope he called this one right.
I've seen these investors like RG call it badly before though, so it doesn't change my perspective at all

Who is Tariq Hamoodi?
Gigawitt was right about the transfer of shares from small to large investors.
It's unsurprising because the share price is definitely more on the cheap side.

I don't think GGP are particularly cheap for the phase they're in. I take it the asset is £1.8bn but there's big money to be spent to get it out of the ground and their current valuation is in the hundreds of millions.

Ginodog - I worked it out properly after that point.
I did a whole load of sums that were wrong initially, then eventually got to the right outcome.