Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Hot on the heels of the Sky TV interview there is today a piece on the This is Money website under an 'Exclusive' banner: 'Nanoco eyes new chapter after Samsung settlement and attempted boardroom coup'.
It's a long article and not had time to read it through but even if - as likely - it doesn't tell LTHs anything new it still helps raise the profile.
This is the link but not sure if it will paste correctly (I seem to recall that can often be a problem on LSE but will give it a go).
https://www.thisismoney.co.uk/money/markets/article-13243763/Nanoco-eyes-new-chapter-Samsung-settlement-attempted-boardroom-coup.html
Happy Easter all.
For what it is worth, this is the feedback I gave at the end of the Investor Meet presentation:
I have been a shareholder for almost exactly 10 years, increasing steadily my holding to 300k. Having been disappointed on numerous occasions in the past not to have arrived on the oft-promised sunlit uplands I feel the current share price is about fair until someone signs an actual real life commercial supply contract. I remain excited about prospects. I thank you all for your time today. I believe in the board and will be voting against all resolutions.
I would, however, like to record one significant reservation. I feel you managed expectations about the Samsung settlement very poorly. Despite the proclaimed board experience in managing early stage and developing tech companies I believe you do not have a good enough grasp of small cap private investor psychology, and that matters. This was clearly demonstrated by not understanding the likely effects of the first January RNS, necessitating a second. This is a matter of record, not opinion, given the impact the first statement had. I also feel it is disingenuous of you to say, in answer to the question about Edison, that their opinions are not endorsed by the board. By making no attempt whatsoever to distance yourselves from those opinions, is it surprising that PIs inferred you were tacitly in agreement? It's not like you have to keep your eyes on dozens of investor relations businesses commenting on Nanoco. I hope you will manage expectations better in the future. Sadly I suspect that for a while yet genuine good news will not move the share price as we would all want it to until you have regained the market's trust. I look forward to you receiving 100% of your incentive scheme bonus as the share price heads past 70p, assuming I live that long!
Many thanks Feeks for your thoughtful post. As it happens the choice of ‘If’ was especially appropriate as it is a poem I committed to memory some two decades ago to exercise my brain and often replay it to keep it in my head.
I shall certainly be trying to keep my head, whatever the outcome of the trial.
I have been invested here since August 2013 when I made my first modest purchase at a frankly embarrassing price of £1.70, pretty much the peak of the peak. I have steadily added, done a little trading, and made a £10k profit when I bed and ISA'd a slug back in April that I had bought at 14p. My current holding is a shade under 200k at an average purchase price inc costs of 42p. This is by far my largest holding and the second largest exposure I have ever had to any one share (the largest ever holding ended disastrously many years ago).
Last year was the latest is a series of very difficult years for me and my family; I am hoping that this year will be different and that 2023 will finally see Nano and its shareholders get their just rewards, bringing something positive to all of us long term holders. I have read this board for years but have never felt I could add anything useful. However, I thought at the start of this new year, I would echo comments made elsewhere that this is by far the best-mannered and most informative board I have frequented. I find that these days people are quick to criticise and slow to praise. So I want to thank you all, even the mildly cantankerous ones, for keeping me informed (I am in awe of your resourceful research) and motivated. At times I have looked upon the regular contributors almost like a family, a family which has provided support throughout the year. I wish you all a happy and prosperous new year.
Thanks for the link W13Ken. I was alerted to the article via Google Alerts but could only access the first bit until you provided the link. Much appreciated. Fingers crossed this might get more people interested and that the HY figures on Tuesday will be positive. I have been a holder since March 2013 and thus fully experienced the share price rollercoaster Lucy Tobin writes about.
My first post so please be gentle.
I have just finished listening to the results broadcast which I found interesting and instructive. I have not heard Ofer Druker speak before and whilst I found the analysts‘ questions less than forensic (quite disappointing actually) he seemed keen to answer directly and was in no way evasive. I found it interesting that all the analysts who asked questions appeared to be from American investment houses which might or might not justify the decision to list on NASDAQ but certainly suggests that interest in the company has increased as a result of that listing.
CEO and CFO prepared remarks are available on the website and didn’t appear to add a great deal to what was in the RNS, which I suppose is as it should be.
Two key things I took away, in answer to analyst questions were:
Firstly, despite the impressive increases in turnover and profit, Ofer was keen to point out that at least as far as Unruly is concerned Covid had limited their ability to leverage the acquisition. That suggests in this segment there is more growth to go for.
Secondly, I think I heard correctly, that he saw scope for significant growth in CTV continuing at least until the end of next calendar year. From what he said it seems that significant parts of the advertising world were still just at the stage of experimenting with migrating more of the ad spend to CTV, the area TRMR consider to be their largest growth market.
Even more interesting is to see how the share price, after gyrating up and down today, has increased significantly since the call ended. I confess whilst I was in no doubt about the fact the figures today would have been strong I had not expected them to be this strong. I was also concerned about market reaction, given how recent strong figures from US peers had led to declines in share prices. As someone who has held since 2012 in the days of Blinkx I am delighted to have been proved wrong. I’m sure the share price will continue to be more volatile than historically but I am encouraged by what I have seen and heard today.