Member Info for FlyingHigher

£19,000 car allowance seems really stingy for a CEO.

It looks almost certain that the trial will now take place in the new year.
With so uncertainty in the market and at Nanoco the question is where will the share price settle?
34p?

I think that's definitely the logic of a ramper. You can interpret silence however you want.

My view is that focusing on economic factors surrounding currency fluctuations is probably premature, given the possibility of Samsung appeals and further trials in the pipeline. If it's long-term factors keeping the pound low v the dollar, that will be good for us if and when the settlement arrives, but then as others are pointing out, it's weighed down by the wider inflationary pressures in everyday life.
My hope is that just before the settlement is announced, the exchange rate goes to 4 pounds to the dollar, we get paid $500m or £2bn then the day after, the exchange rate recovers to around 1/1 again :)

A typical Nanoco RNS that begs more questions than it answers.

Who cares about a few weeks delay at this point? Imagine thinking: After this epic journey of 7 years+ for some investors here, this is the final straw and I'm throwing in the towel.

The implications of a loss could render Nanoco virtually worthless.
We need to be clear about this, however unlikely we feel it may be.

I started reading the RNS and I thought this has been a massive overreaction, fortune favours the brave.
Then I read the financials and outlook summary:
Gross development value £2.7bn - Great, but down £300m and if costs are rising, does this even matter?
Net debt is down but still at £100m
£75m of revenue delayed and under review.
Delays and further £4.7m expected credit loss provisions
Loss of £37.1m with the caveat that completion of land sale could improve this to £12.1m
NAV massively down but still at 65p.
Breaching of financial covenants.
Market cap £41m
It looks cheap, but for good reasons.

2 questions:
How much cash do they have?
How cheap is too cheap in terms of the share price?

Lets bring it all up again. What are the chances of an early settlement here? ;)

Worst case scenario analysis is difficult.
If Samsung have found a loophole in the Nanoco IP, the display part of the business is worthless.
There will be doubts around their legal competence for sensor applications and it's absolutely dire overall.
This would make Nanoco absolutely uninvestable and put a price on that - sure 5p, who knows?
This would be a monumental failure, one that most of us here believe has been covered off in the Legal Due Diligence process. I personally think it's prudent to add it to our risk registers though :)

If Nanoco win in Texas, it will be like watching a boxer swaying around in round 2 of a fight, waiting to be knocked out.
Just throw the bloomin towel in before it gets too messy.
I think the settlement will smash records on the amount and then do it over and over again across the world.
The question is how long will this all take?
Sadly some on here have passed, thinking about Nige in particular - RIP.
We don't want to wait forever, so I guess we set personal targets and aim for those.
£1 is surely a good target for the end of the year.

We've seen this type of grant before. It's probably nothing

The bottom is in. If I had money, I'd be buying. Unfortunately I don't #sadtimes.

"Any deleveraging transaction will likely result in very significant dilution of existing equity interests in Cineworld." from the RNS.
Yet you say you think dilution at this stage is unlikely.
I think it's a near certainty and you're not accepting that reality.
I also think your recovery calculations fail to account for the long term decline in the business and the reasons why, coupled with the inflation and cost of living crisis we have at the moment.
2019 levels will never be seen again.

can you publish your sort code and account number so I can transfer the money please

Just to recap, do we think there will be an early settlement? ;)
Sorry bored at work and couldn't resist.

Let me tell you all about an exciting investment proposition. It's a company with declining revenues for the past few years, operating in a market where new online services are rendering their business redundant. Losses over the past 2 years at over $2bn, it has $5bn of debt and just issued an update to the market to say it's considering bankruptcy, which will result in large-scale dilution for shareholders. It's worth £30m at the moment, has to be worth a punt right?

I once had a takeaway meal and I have to say it was a novelty

even a takeover won't necessarily save shareholders though, we need to be clear on this.

1.8p