Member Info for Glorfindel1

Hi Morbox - I interpret all of that as Samsung "did engage" in the process (otherwise how did they make an initial offer?) but did not move to completion. My point is that no one knows how long a process should take as each situation is different.

ST Micro were looking at using smart phones as a hand held spectrometer with their IR sensors to protect brand integrity / anti-counterfeiting. So alternative competitor technology?

Having read the website I'm struggling to understand what the company actually do? Is this about software and algorithms? Or chemicals / chemistry (as in Quantum Dots)? Or hardware or printers. The website references "a system"? Anyone have any better insight?

Lots of idle speculation on how long a sale process lasts or is supposed to take. With cash in bank Nanoco can't be forced into a quick fire sale. Which is at least positive for long suffering long term holders. And in truth a sale process outside of an Administration could take months or even a year or more. The notion that "anyone really interested would already know everything they need to know" seems like unsubstantiated assertion. Take some facts from recent history. We know Samsung had loads of info on Nanoco gathered over many years, then participated in the last Formal Sale Process that formally started in November 2019 and no doubt had months of prep before hand. And Samsung disengaged (presumably) in February 2020 when they were sued by Nanoco. So despite years of accumulated knowledge, 4-5 months of engagement in the FSP and effectively unlimited resources and expert advisers - they still got their assessment wildly wrong (even with the low $150m settlement - it cost them twice as much as their offer during the FSP). Add to all of this that Nanoco is not even in an FSP this time around so no real fixed timetable for anything. So this is a bit of a "how long is a piece of string" question. DYOR.

Sounds like a good plan! Can we really imagine the US who turn rivers green and are sooooo OTT on St Patrick's and all things Irish that they will put tariffs on the black stuff?

Given NG is a regulated utility - any investment is allowed to make a return - so in theory ANY capital investment will be allowed a return. The question for investors is twofold: are we happy with the target return and do we think the Company can outperform it? So whether investing for zonal networks, renewables, distributed generation, grid reinforcement, etc surely we are happy to see capital going into what are fundamentally underwritten "safe" investments? And political instability reinforces the idea that energy security is worth a lot whereas previously the drive for cheaper energy reduced redundancy and "buffers" in the system. Blows my mind that one sub-station fire took out Heathrow - what happened to diverse redundant supply??

Nothing on the High Court website re a settlement (the case would have to be withdrawn so the news would have to be public). So talk of a settlement is either just made up (why?) or it's one of Hamoodi's 1%-ers being fed a line ............. DYOR

Think the tariff thing only works for Renold product made in USA. And Company has said different plants make different products so will depend on mix of sales. And presumably if other countries retaliate then the exports become more expensive. So impact may depend on whether Company can switch products to be made in USA. And Renold may have top pay the tariffs if they use imported steel. So definitely better than no plant there but impact will be hard to estimate from outside.

Any views on whether Renold are actually making any headway on their pension deficit. Given their revenue and earnings (and implied multiples) - what else is holding back the SP? We need a refresh on the likely trajectory of the deficit from the Company if only because EV - debt (pension) = MCAP (SP).

According to Nanoco Circular last summer (verified by their lawyers / brokers etc I presume) - QD Vision sold for $65m while insolvent. So asset sale only, no ongoing business. Samsung Court papers said they bought "dozens" of patents and patent applications in that deal. Nanoco said QD Vision had raised and burned $115m though my 5 second Google search says $134m over 10 years or so........

Company website says "by 31 January 2025"........

See below from the FCA handbook - so at a stretch - if Milkwood have sold to cross a shareholding threshold, they have a max of four days (if they claim they did not know for two days the trade had happened - which seems unlikely!) The day with big trades a week ago (9 million or so) would definitely be caught by this - unless their Cayman registration for the Milkwood Fund means they just ignore the rules!

The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UK issuer and two trading days in all other cases, after the date on which the relevant person:

(1) learns of the acquisition or disposal or of the possibility of exercising voting rights, or on which, having regard to the circumstances, should have learned of it, regardless of the date on which the acquisition, disposal or possibility of exercising voting rights takes effect; or

(2) is informed about the event mentioned in DTR 5.1.2 R (2).

And for the purposes of (1) above a person shall, in relation to a transaction to which he is a party or which he has instructed, be deemed to have knowledge of the acquisition, disposal or possibility to exercise voting rights no later than two trading days following the transaction in question