The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Notice of final results
The Company expects to announce its final results for the year ended 31 July 2023 in the second half of October 2023.
Directors have small windows in which to trade in their own stock, suspect they’re unable to until results are published.
But even if they did make purchases post Oct Final Results, suspect many people still wouldn’t be happy and would claim foul play.
Having repeatedly called out the companies near term prospects, I hope the Directors do make purchases, and significantly profit from gem.
@HH - People either believe in the investment case or they don't, the time to challenge the board has come and gone, at least for 2023. The only reason doubters keep regurging the same stuff is to depress the SP. I'd like the board to get back to sharing insights, articles, etc.
On the plus side:
- commercial deals imminent (maybe)
- Potential legal action/settlements against further infringers (if Samsung, with their deep pockets, settle against a borderline insolvent Nanoco, smaller infringers will fold now that tech is validated and N have the cash and experience to pursue others).
- Up to 70% dividend/return in March 2024 based on todays SP.
Against:
- mgt team/BOD - some investors are furious, some feel comms have misled, some are less bothered
- will the positives above not materialise and the SP tank
If we flatter the trolls on here, their chat may make PIs nervous and the SP drif, but now that the EGM has passed/failed, none of this impacts the two factors that will actually drive serious value:
- A commercial order, the outcome of literally years of collaborative development work
- Further legal action/settlements against other infringers
It looks like today there's been more buying than selling, and good support at the present SP. If the SP does drift I'll be averaging down further.
Again, very jealous of the opportunity to enter for new investors at an incredible price, with a potential dividend/share buyback in March 2024 equivalent to up to a 70% yield based on current SP.
Regardless of whether a commercial order is announced this year (which I suspect it will), which will turbo the SP, at the current price a a £40m return to shareholders is nearly a 70% yield, in 6 months.
I've just added a small amount to average down.
Nervous because I've loaded up too much already, this was over 10% of my portfolio at one point, sadly not now. But with the return of £33-£40m to investors in March, If the price drops/yield increases I'll be buying more.
Not sure why LOAM aren't buying, possibly risk mgt. But didn't Oryx take a sizable position on 1st August, and one of the board (Jamie Brooke) previously worked at LOAM.
There’s only two things that will move the price up:
- announcement of commercial order
- announcement of new licensing deal or legal action against other infringer
Institutions aren’t interested because they can’t get the volume to make a meaningful trade, there isn’t enough liquidity in the stock. Friend of mine is a fund manager, when I talked about N he checked his phone and immediately switched off when he saw the trading volumes, not interested.
We have to sit and wait, and average down if brave enough.
I’ve said before, this is an incredible entry point for new investors:
- closer than ever to first commercial order (I know there’s debate about trust on this point, but review their pipeline progress and make your own decision. Suspect there’s de-ramping so others can buy cheap)
- you’ll have a return of 10-12p per share (65% yield within 6 months) when second instalment received from Samsung.
- Potential is huge as QDs are adopted at scale in sensors, displays, medical applications, etc over coming years. This could snowball very rapidly after second mainstream adoption (Samsung has already proven the tech works)
I’m sitting nervously on what I have, and waiting it out.
It's only reasonable to listen to the other side tomorrow, then we'll get this silly vote out of the way wait for the first commercial deal announcement/s.
Hopefully some of the heat will dissipate and we'll see a lift in SP to at least cash value.
Once again, an incredible entry point for new investors.
Onwards and upwards.
I've just voted to REJECT all resolutions. Think we're close and it would be crazy to cause such disruption at a time like this.
Obviously speculative, but for new holders wondering what all of the fuss is about, this could be an incredible entry point. Read todays Circular, gives a good overview of both guaranteed returns to shareholders and potential upside from anticipated commercial orders, which...........could be 'transformational' - https://wp-nanoco-2020.s3.eu-west-2.amazonaws.com/media/2023/07/Nanoco-Circular-and-Notice-of-General-Meeting.pdf
I'd add more if I wasn't already in too deep.
Switching off now until after the EGM, good luck all.
I keep an eye on this board to see if anything new has happened or someone had discovered interesting new articles or research. I can’t believe the circular discussions and tedious repetition of the same rubbish, day after day after day.
Please stop.
Whatever your view of events, everything has been said already, there’s nothing anyone can do and we’re just waiting for news from Nanoco.
Assuming something transformational happens soon like the commercial deal they keep signalling, or a licence agreement/settlement with someone like Nanosys (because if not we're all ****ed anyway), there seems to be support at 18p, so this is likely the best time to average down or enter.
I've added a small amount at just under 19p.
Sorry if this was posted at the time, but very encouraing (from April 2023).
If this comes to pass, we'll all be rich.
"The Short Wave Infra-Red (SWIR) market is expected to be worth $2.9 billion in 2028, says Yole Developpement."
https://www.electronicsweekly.com/news/business/swir-market-waits-for-game-changers-2023-04/
An article from Feb 2022, but interesting points:
"Yole says the first commercial products based on SWIR could be released by 2023."
"If SWIR imagers reach a low price point, shipments could skyrocket to hundreds of millions within a few years. The SWIR industry could emulate the current 3D imaging industry, where STMicroelectronics and Sony share nearly 95 per cent of the 225 million shipments (2020 data)"
"New quantum dot SWIR technology, not only from STMicroelectronics, but also SWIR Vision Systems and Emberion, could lower the cost of SWIR imaging substantially."
https://www.imveurope.com/news/arrival-st-and-sony-transform-swir-market-yole-says
And although I'm suspisious of Tariq's motives (don't know if there are other commercial angles for him beyond driving the share price as an investor), I do like the scrutiny Nanoco are getting.
Their comms and guidance were definitely not good enough - no clear guidance of damages was given and a lot of people lost money as a result. And the LOAM share transactions are very suspicious, which I'm happy to put down to naivety. It's expected that the Nanoco board would defend themselves and not admit mistakes, but I expect a big improvement in communication, commercialisation and SP moving forward (by the end of Dec 2023.
I'm confident that no clear guidance was given around potential damages during the trial (I looked for it everywhere, as did everyone else, and we all stated our SP forecasts based on the settlement figures that we could find, based on their broker projections and vague statements from BT - if it was there, someone would have found it and shared in on this board). Saying that, at some point, damages models were made public by the court (available only to some who had paid subscriptions and may have clawed throguh the detail), isn't good enough and I don't feel constitutes 'guidance' from Nanoco, as they claim.
But I don't feel leadership change is appropriate right now, and could jeopardise any deals that are close to completing. I'd be happy to wait until the end of the calendar year to give them a last opportunity to deliver.
If they can't close a supply agreement and/or confirm more revenue from other infringers (actual settleements with $s as opposed to new legal action), that's when I'd support a change of leadership.
Suspect one of two things will move the SP upwards:
- News of a commercial order, latest indication is by Dec 2023 latest
- News of another legal settlement. In the Samsung settlement comms, they heavily signalled that they'll be looking at other infringers. Nanoco now have their patents validated, have legal experience and legal partners in place and are a different leage in terms of cash, so are less likely to use funders for legal action. It's likely that they're talking to other alledged infringers now (eg Nanosys), about a licence/damages to avoid legal action. Using Nanosys as an example, they wouldn't be prepared to follow the same route as Samsung as they don't have deep pockets, and enter a legal conflict they'll likely lose.
So another (retrospective) licence agreement (and potentially further damages, although these coudl be negotiated away as an incentive to take out a licence) could be announced at any time.
Failing these, suspect the SP will drift downwards, in absence of positive news/sentiment from Nanoco.
https://polaris.brighterir.com/public/nanoco/news/rns/story/rgndq7w