Member Info for Nanonano

The presentatios are always recorded, so you can play them back at any time and they also upload the meetings to their YouTube account.

Will see what they have to say at the investor presentation tomorrow morning.

I'm not expecting any additional information in the presentation beyond what was given last week for the analyst's call, but I've asked a few questions and will be interested to hear how they (may) answer, and I expect others have done likewise.

I think there is roughly half the percentage of ii's holding compared to pre-Samsung settlement. Tariq is still holding his 4%, Oryx I'm not sure as they have dropped beneath the 3% reporting threshold, LOAM and of course Nigel Pickett holds a significant stake in the company. There are probably a fair few large holders out there but below the 3%.

So somewhere between 20-25%.

If you're registered (free), then you can put questions via the Investor Meet Company website for the presentation on Tuesday.

https://www.investormeetcompany.com/companies/nanoco-group-plc

Well a phablet is a mobile, so you're splitting hairs here. The point that needs addressing is if any displays in these categories are currently being produced in the volumes shown. I wasn't aware of any, so I asked on here, and it seems noone knows.

It's difficult for anyone to give accurate forecasts for future sales, but for current or past volumes reasonable accuracy should be a given.

Https://i.postimg.cc/mZwRc8qb/nanoco.jpg

The lions share was Tablet/phablet, the other smaller categories were laptop, monitor and 'other'.

For an off the cuff remark, an error is acceptable. In an annual report, and then using the same chart in a further two presentations, that won’t cut it, especially with the quality of communication leading up to the settlement. Just looks like puff IMO.

The CFQD display market has been conceded to Samsung, and any projections by Nanoco management for growth in this area is just finger in the wind stuff. They have no contracts in display, and things seems have gone rather quiet with the expected deal that was mentioned a few months back. There doesn’t appear to be any enthusiasm from OEM’s to shift from cadmium.

In sensors they have small contracts, but not enough to break even, and there’s so little information, nothing to really place any sensible investment decision on.

I have concerns they may not experience the wider adoption they expect. Sensors from competitors which can operate in wavelengths where QD’s are not required are offering powerful features not found elsewhere, and they’re inexpensive.

I don't see anything on the right hand graphic of that slide that makes it clear about whether it represents QD or non-QD displays, and I don't think that was made clear in presentation either. In the annual report it clearly labels the same graphic as "other QD display devices".

In contrast the lefthand graphic for QD tv's is very clear, although it's only an estimate naturally.

At present QD's have had little to no impact in small screen display, simply because users swap devices out much sooner, and existing technologies like OLED do a very good job and are improving all the time. Future technologies like microLED are still very much in state of flux, e.g. AMS-Osram have recently caught a bit of a cold, as Apple have pulled the plug on their internal microLED development. In addition Porotech have a system that I believe is very likely to set the standard for small screen microLED, and importantly for Nanoco it doesn't use QD's.

Ahh the Korean chaebol's. I think Hansol largely acted as a smoke screen, with all the equipment and set-up performed by Samsung using their acquired knowledge from Nanoco.

The graphic from the slide was also featured in page 17 of Nanoco's annual report.

"So basically no quantum dots are being used in manufacture of millions of phones/phablets in 2023"

I said I'm not aware of any. I believe that an Amazon Fire tablet used QD film some ten or eleven years back, and I think it may have been the first commercial use of QDEF film from Nanosys, although AFAIK that was not repeated in subsequent models.

Anyone here know any phones/phablets in production at the moment or recently that use QD's in their displays?

I can't think of a single one, but the chart presented on page 13 of the interims presentation shows tens of millions as of 2023, and that figure estimated to be rising to hundreds of millions by 2030.

https://i.postimg.cc/mZwRc8qb/nanoco.jpg

Not according to Nanoco's annual report.

"Nanoco’s view that initial use cases in 2024 will be for low volume applications outside mobile phones."

"Nanonano , is it unreasonable for a company like Apple to demand that "millions of sensors" are tested to understand performance and failure rate as part of their validation process"

Not about reason, it's just not necessary.

Mobiles in 2026 does not justify materials for millions of sensors in 2023-on, also remember that was delayed by a year. What was the earlier statement from the company about the commercial order- first use of its dots in a commercial product wasn't it?

"Normally we are told when a product has launched"

Didn't hear him say that, I did hear him say that normally companies tend to tell you (e.g. the wider market rather than Nanoco themselves) when their product contains a certain technology. He also reiterated that they have no idea who the end user and application is.

Apple don't tend to be too forthcoming about the tech in their devices, and they certainly wouldn't want it too public that the sensors are using lead-based materials, no matter how minute the quantities. We do know they were still exploring Nanoco's heatwave dots post-June 2019, which of course doesn't mean they subsequently found their way into a device.

If it isn't the AVP, what is the most likely end use?

" BT said he doesn't believe their products are in any devices on sale today....so in my view that rules AVP out."

I believe you're referring to BT's response to a question they were asked about November's material supply. What he said is that bearing in mind timescales for processing material and incorporating parts into modules it's very possible that the product is not yet on the market.

As they've already stated they don't know the end use and who the customer of their customer is, then how he can state with any certainty one way or the other whether its on the market or not?

"Based on the development timescales the expected growth is coming from Gen 1 materials into phones in 2026 and the current orders are to satisfy the development of the sensors for the mobile device rollout in 2026. "

Doesn't make sense to me. You might want a few hundred, at stretch maybe a few thousand for development, but millions of sensors?

AVP still makes the most sense, especially as they stated that they expect further low volume orders CY24, and that ties in with the AVP being rolled out into other markets reportedly starting with China.

That's an old article you linked to from about three years ago.

Nvidia, not Nvisia.