Member Info for Nanonano

I agree that this just lazy journalism, with nothing new to say. However unless the board pull something out of the hat next week, I think heads may roll.

Posted over on advfn- "The Sunday Times" article appeared in "Databank- Inside the City" section; author Ben Woods. Begins by quoting retail veteran Mark Livingstone suggesting that it is right for a company to have a change of leader as it progresses. Ben Woods comments: "It is a judgment the listed tech minnow Nanoco would be wise to heed." Woods then gives the briefest of history of the company from IPO in 2009 on AIM, then main market listing six years later. Mention of shares plunging in June 77% to 8.5p owing to Apple stalling on contract renewal. Woods then focuses on Edelman- paid £312,000 last year with potential to earn up to £1.3M this year. Woods talks of M.E. making progress in the 15 years in charge, spearheading its initial fundraising, spinning it out from Manchester University and helping to create the manufacturing plant. Further quote from Woods: "Edelman has overseen a total shareholder return of minus 15%. Meanwhile, he sold 2M shares for £900,000 in May to repay a personal loan. That reduced his stake by half. He has bought back in since, but at a lower level, picking up 198,000 shares at an average 12.7p in June. All this does not mean that Nanoco is without promise. The quantum dots market is poised to grow from $2B in 2017 to $8.5B by 2023 and Nanoco's sales are expected to have more than doubled to £6.7M when it reports full-year results on October 16th; pre-tax losses are set to have narrowed from £7.1M to £4.8M." Woods comments that investment research house Edison have said that the contract loss was "a major blow", but stressed that it remained the biggest holder of IP in the field, with 750 patents. Final paragraph: "With commercial opportunities not being fully grasped, though, and investors far from convinced, Nanoco needs a new direction. Until the board is brave enough to shake up the management team, it remains a risky bet. Avoid."

Can’t see a takeover by a Apple personally. For starters there are the licence arrangements with DuPont and Merck- how would that pan out?

I believe that car manufacturers and other big volume users will want water based formulations, and as the RNS from 10th July suggests, that nut has only recently been cracked, meaning products in that field are probably some way into the future yet, as it's taken a couple of years for the JBL contract to reach a point of sales.

Well between him and LOAM, they now own more than 30% of the company. Could it trigger a takeover if they linked their holdings?

Showing over 13 million shares sold! and about half million bought!!

Lot of sells all at 50k shares and sold at exactly 11p. Large holder selling off with a possibly fund raise pending, perhaps?

Simply price to performance. Cadmium based dots work better and are cheaper. What’s the incentive for companies to switch to cadmium free unless it detracts from their corporate image, or forced to do so by legislation?

He does- https://www.appliedgraphenematerials.com/investor-relations/major-shareholders/

Can't see this going anywhere but down in the near term save for a miracle. What other reason could there be for the former ceo to divest his entire chunk of shares in the company?

The size and timing of the CEO's sale was what raised eyebrows. ME has been regarded by many as being efficient with the truth, and reluctant to be drawn on past statements e.g. display releases which fail to materialise, and then are quietly buried.

There's no visible stream for future income, and they have less than a year before cash runs out.

You'll be lucky.

Nothing at all. Don't overlook the fact that they came over to a small UK based company, when they had two other US based companies that claim to be able to make Cd-free QD's. So Nanoco must have something that elevates them above that competition.

Sugar and spice and all things nice....

Some interesting news regarding Apple's AR glasses development, with stories reporting they've been canned, and other like the link saying they've moved to another development phase. If Plessey are to be believed that they have the best tech for this kind of product, then perhaps they may be working with Apple and Nanoco may indirectly get a reprieve. Just a possibility mind you.

https://www.computerworld.com/article/3409057/apple-s-ar-glasses-may-be-coming-sooner-than-we-think.html

Apple could easily bid for the company if they wanted to- would be small change for them.

Relying on a second Apple deal would be extremely risky. For a start, any product would likely be in a development stage, so we could be a couple of years away from release. Secondly, they could easily pull the plug at the eleventh hour like the last deal.

I don't see any addressable market beyond display at this point in time that is large enough to keep Nanoco going in its present form.

Microled and AR glasses will undoubtedly become huge in time, but I can't see that market growing for another couple of years.

Nanoco does not use Indium Phosphate in its CFQD's.

The company Samsung purchased was QD vision .

I wondered what those posts were on about- thought someone had some secret info no one else did. I'm afraid that in lieu of a renewed contract for other technology Apple may or may not be developing, but don't hold your breath. Revenue from them will not be forthcoming after this year ends.

The one thing that may save Nanoco's bacon is if the Rohs exemption goes our way. My thoughts are that many OEM's have tested Nanoco's dots, aligned them with their products, and are ready to switch if required. To date nothing has fallen in our favour, so perhaps this time we'll buck the trend. Place your chips please.....