Member Info for Kooba

Flying the company has increase fixed overhead and have stated that the monthly cash burn (pre settlement of around £100k a month) has risen to current be £300-£400k a month so you can annualise that figure to get the right kind of number. As pointed out recently the Cavendish note is forecasting cash falling from £23m to £19.5m in the next financial year to July 2025 despite a £1m jump in interest earned so still averaging a burn close to £300k a month into next year.

If anyone wants to question those facts i am happy to listen. But have some workings.

I “predicted” the impact on the cash per share. It was entirely correct. The cash per share post tender will be 13p..it will fall a little bit further as they continue buying back shares at a significant premium to that level.those figures are facts..the fact the shares had traded for an extend period at the pre tender cash level for an extended period is also a fact..acknowledged by the company a number of times there was no value put on the organic business.

How the market behaves as many have said can at times be illogical.

Maybe interesting for Nanonano

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Events and Seminars

ONLINE Webinar - Addressing sensing challenges: an introduction to ST’s FlightSense™ family 04 Apr - 04 Apr, 2024

ONLINE Webinar - Smart presence detection using ST 8x8 multizone Time-of-Flight sensors 09 Apr - 09 Apr, 2024

https://www.st.com/en/imaging-and-photonics-solutions/vd55g1.html

I still question whether the company may be missing a trick in optimising solar yield. They have IP from previous jvs but it appears in a world striving for net zero that much more effective yield from small or mobile applications looks like a very high revenue use case.

hTTps://thequantuminsider.com/2024/04/13/quantum-dots-shine-in-ubiqds-solar-energy-joint-development-deal/

Developed by Samsung Display, QD-OLEDs direct high-energy light from blue organic LED (OLED) into a layer of printed red and green quantum dots. The quantum dots are optimized for maximum light transmission; when the quantum dot sub-pixels are excited by blue light, they become photoluminescent, emitting very pure red and green light while the blue light is directly passed through. The result is an exceptionally wide range of volumetric color expressions that more closely approximate human vision when compared to conventional OLED.

hTTps://www.provideocoalition.com/smallhd-quantum-32-a-new-31-5-oled-monitor/

At that price though a small market but shows Samsung display are keeping ahead of the game.

And meanwhile WW3 beckons!

US SAYS IRAN HAS BEGUN AN AIRBORNE ATTACK AGAINST ISRAEL

…let’s hope the iron dome does its work.

Biden says will defend Israel.

Zzzzzzzzz

Charty i know you think you are funny but im afraid it really is tiresome..companies have enterprise value when the market believes they can deliver on promises of moving to be a sucessfull profitable company..yes Nanoco was floated at a big premium to its cash all those years ago but after serial disappointment than that position crumbles. As i have posted many times i believed the organic business should have had a valuation of 5-10p and was surprised how far the shares caved in and stuck at the cash valuation for months and months foloowing the settlement and actually traded at a discount to the cash position.

So was the valuation illogical ..maybe but it was where it was for a long time. Is a capital event distributing excess cash a point where one might expect a rerating ..nope not really.

No i am not knowingly posting anything that is not personal opinion explained using factual information..if anyone on here believes that markets always behave logically and needs a reminder every post like charty . Do not invest in markets please..they are beyond your comprehension!Glad i helped on the indices..least you have learnt something.

Anyone with the smallest knowledge of markets understands being ‘in the FTSE”..means in the FTSE100.

If you wish to provide any examples of what you claim i posted that was incorrect please could you provide a link , as otherwise im afraid specifically saying “At least that's how you explained it” is totally meaningless without context..and judging by your posts you have difficulty understanding fairly basic things. I also seem to think you have a fixation directly posting at me ..something that is apparent with other posters elsewhere who display similar trolling behaviour…but don’’t go attributing such nonsense without any basis.

Are you a bit stupid charty ..if you rely on posters on a bulletin board to make decisions you really should not be investing.

I posted facts charty ..facts don’t change..share prices do.

If i posted anything apart from reasoned personal opinion based on the value placed on the company by the market pre distribution then please point it out. If not stop being a silly boy.

Good for you charty..Nanoco is not in the FTSE ..it’s a bit too small.

Good luck with your research.

Oh charty i didn’t realise you relied entirely on my posts ..you really should do your own research..yes i think you do understand correctly that the market has suddenly decided through financial engineering that the company has considerable value above and beyond how it has been valued for months ..well done for keeping up. Bless.

Ok let’s focus on the value of the organic business . A few weeks ago it was nothing ..now its £20m with no new news.Amazing isn’t it.

Charty

I’ve been explaining what happens to the cash per cash figure accurately ..unless you think that £26m divided by 200m is not 13p. Since the market valuation has been around or even at a discount to cash for the past 6 months it seemed reasonable that the cash was a basis for valuation as there was no value placed on the as yet unprofitable organic business ..something commented on by the company and research. That valuation was not mine but the markets.

So the figures provided were accurate ..how the market reacts and the fact that surprisingly the company is active in the market immediately after the corporate action may be short term factors. We will see.

£60m cash market value £58m

£26m cash market cap £46m

Go figure.

So irrational for months on end now rational for a few days..thanks for take…its one way of explaining things that can’t be explained logically.

Its all an interesting exercise on how you can turn a company with no enterprise value into a smaller one with £20m enterprise value in the short term just by returning excess cash to holders ..that was at the smaller end of commitment expected…when there has been no change in the expectation of commercial traction or anything else just a balance sheet event and some ability to mop up any small selling. I’m not sure achieving such a rerating has been achieved or held onto in a capital distribution before!! It is magic!

The 17p estimate of like for like valuation is still there these things don’t change ..there are other factors at work in terms of where the shares are now which have been mentioned..those who subscribed for over 38.5% unable to deal and the fact the buyback has started at a level not commensurate with the pre premium distribution level..it is far higher.

The fact in quantity and that the buyback is paying these levels in indeed supporting the price.

Ngr you sold some to buy back in the teens ..why has it not fallen to the level you expected??

If you sold because of the unchallenged like for like adjustments estimates you read on here then that explains a lot.