Member Info for HenryHistorian

That’s it. I have decided not to buy any Samsung products for the rest of my life.
If I get the email address of a senior representative of Samsung UK they will get this message from me also in their inbox. I suggest other Nanoco investors do the same. Time for a direct approach so Samsung.

@RevoltingPeasant: Exactly and this is why I found today’s RNS so stupid. I mean were these broad commercial terms not already known on the release of the first RNS or is the RNS the state of play of current negotiations…?
Honestly I am not happy about the communication from Nanoco.
By the way: I will never ever buy a Samsung product again.

@TyreTtead; Please no as it seems that all the RNS create confusion. I repeat myself they should have released one RNS on Friday and that’s that. There was no need for a second RNS today.

Do A level students now write RNS statements as honestly the whole thing does not strike a consistent tone. It is the equivalent of a dish with very sweet and very sour components and could be marketed as starter, main course and dessert with equal justification.

All this could have been communicated in the first RNS released on Friday. Fact is that the second RNS is not concrete either and from the price reaction one can see how harmful the second RNS was.
I feel bad for all the retail investors selling out now.
It almost feels like institutional buyers get another chance to enter the ship.

For me the frustrating things are two things:
1. The best approach would only have been one RNS, ie that of Friday. The RNS really does not lift the uncertainty in any way at all.
2. It would have been best to suspend share dealing on Friday until a final RNS with the agreed financial terms could be published.
I am continuing to hold on to all my shares as a) I am still solidly positive/in profit and b) it goes against my grain as an investor to sell out of a position when the situation is opaque.
I still believe that the share price as of now is undervalued and hope to sell at a higher profit once we have the final RNS out so I can make an informed decision.

I honestly don’t believe that we need to read too much into Lombard selling or that they have any inside knowledge. Fact is that Lombard has been selling also at times where not selling would have been good/made more sense, for example shortly before the PTAB ruling and again shortly before 6 January. I mean you don’t hold ca 20% of Nanoco shares and only sell a small fraction if you as a fund manager are not convinced by Nanoco’s case.
I have worked at major asset management companies and I can honestly tell people that asset management companies are going into panic mode when there is even a whiff that inside knowledge has been inadvertently received…. legal and compliance departments and considerations are paramount.
So irksome as Lombard selling is I don’t read anything into it.
I am continuing to hold on to all my shares as I trust BT that transformational in value does not mean a market value of GBP 180m. This market value reflects a situation where Nanoco would have been desperate to settle (which they were not) and which certainly does not incorporate the license fee income going forward which we will receive until 2028 and maybe even 2035 when the last patent expires.
Having said all of the above I understand that at the moment the market finds it difficult to value us and that shareholders that have less faith in Nanoco or who are even now highly in profit sell.
I bought in tranches from 19p up to 46p but mainly in the mid 35p range and did so as even under my most conservative/pessimistic assumptions I arrived at a share price of at least 80p and most often at a share price of 120-150p. And if I am not totally deluded this is what in my humble opinion we will see post the next RNS.

@Ginodog: Regarding stt or sikthetech you are absolutely spot on.
Best to completely ignore him and see how the share price will go higher within 30 days.

@intrusivethought: Woof woof!!! Happy now?(smiley)

Ca 140,000 shares and smiling… and holding on to all my shares for the time being. I somehow feel there will be a special dividend down the line this year. … and maybe dividends going forward…. who knows.

@PJT: Until yesterday we were a company that didn’t have a commercially valid product (due to Samsung’s underhand behaviour) and that was almost on the ropes. Now we have a company which due to this win has definitely a bigger profile in the tech world, a steady income stream from one of the biggest tech companies in the world and that (if we trust BT and I do trust him) will soon have another viable product with a European customer.
I know that you are playing the devil’s advocate and that is fine but I really think that 2023 is the year that Nanoco really shifts gear in a big way.

Dear all,
Today was a highly positive day as:
1 IP successfully defended legally
2 Instead of a long drawn out appeals process we know everything will be wrapped up in 30 days
Again the price action was a bit disappointing BUT:
there will always be short term orientated profit taker AND the real value is to come and by that I mean a share price north of 80p (and thinking here very very conservatively).
This share price will come once we know the exact financial terms.
I don’t think for 2 minutes that BT will have settled for nothing less than a global deal and one that puts a fair license fee rate on Nanoco’s IP.
So a bit more patience but within 30 days we will get the CONCRETE goodies and I personally think that some traders will rue selling out in the high 50s and mid 60s.

@NicetoMichu: To be honest I remember Lombard selling one or two days before PTAB ruling and just one or two days ago before start of this trial Lombard was selling - and both times they sold too early (if one applies hindsight).
So deducing from this I am really not sure that Lombard selling does reflect that not further upside is to be had. Maybe Lombard is selling for different reasons unconnected to Nanoco investment case which in my opinion was significantly strengthened today.

@troublesome: I get you but if Samsung would try to wriggle out on this one Judge Gilstrap would reschedule the case for February and in his ruling would throw his entire legal book collection at them for taking the mickey out of his court and Nanoco - to put it in folksy terms.

@troublesome: Does it really matter if we know the financial details only in 30 days….or in 10 days? I mean as Nanoco investors we have all waited for enough time so this is not important in my view.
Nanoco has won, it’s Izp has been validated and upheld and that is all that counts.
I guess profit takers have taken profit and that is fine but in my humble opinion 60p nowhere reflects the value of Nanoco and this is why I hold on to all my shares.

I am not selling. The share price will rise again - one cannot blame quick profit takers but the real potential and share price rise will come. I will be happy to sell at say around 90p.

Dear fellow Nanoco investors, I have been shouting with joy in my flat this morning!!!!!!!

@blitzed: To answer you: Yes it is time. The jury trial will start in Texas this Friday 6th January and will return a verdict either Thursday 12th or less likely on Friday 13th.
Please note that Samsung can and probably will appeal against a guilty verdict but in my humble opinion in essence Samsung will be toast if the jury hands down a wilful infringement verdict.

@Sammy88: Let us hope for high damages and wilful verdict. Dishonesty and deceit needs to be punished if innovation is to be protected.

Maybe it really needs a “guilty” verdict from the jury for Samsung to see sense. I guess psychologically a “guilty” verdict might make it easier for individual senior Samsung managers to tell their bosses to settle instead of dragging out the inevitable.
I hope common sense will prevail at Samsung.
But even now their stubbornness is costing them compared to a takeover say 2 years ago….