Member Info for Nanonano

What’s that saying about never interrupt your enemy when he is making a mistake?

I would fully expect Nanoco to continue until late stage of first JDA, I believe the second is on shaky ground. Then having exhausted its funds, and done all the hard R&D suddenly there’ll be no progression to production. With no money, the company will suspend trading, wind up operations and IP sold to competitors. A few months later the products appear via a Shoei or Samsung etc.

Or simply let the company continue to run down its cash reserves recently depleted by £3.2m, then when they can’t list as a going concern, pick up the IP in a fire sale. Plenty of times that’s happened before.

Company got asset stripped by LOAM.

No conference call either. Could what’s left of the board be worried about the prospect of uncomfortable questions surrounding the Shoei case?

They’ve said they’re closing down some of the facilities, and have laid off five more staff.

Second JDA reads to me like they may not continue, we shall see.

If they’re talking 2028 for production, and that is the most optimistic they can be, where will the funds to scale come from, cash will be a few million by then. Most here will recall Tenner saying that company is didn’t like the precarious balance sheet of Nanoco. It’ll be precarious by then.

Small wonder Dmitry and Nigel departed.

This will be down to thruppence by Christmas.

Terrorwit is talking out of his backside as usual.

LG settlement wiped out by legal costs, yep they folded alright. If they’d kept a bit more cash in reserve from the Samsung debacle they may well have been able face down Shoei.

Also note that they’ve moved the goalposts to breakeven from 2027 to an ‘ambition’ to reach that in the medium term.

Such language is open to interpretation, but medium term tends to mean two to five years, and the fact they’ve no longer giving a year suggests this is going to take longer than they first indicated. Edison material says sensor material could start in 2028. So that’s a maybe.

TW spinning away, these results confirm investors had good reason to air concerns on this board in recent weeks, and your view of what was going on was way off beam.

Quit talking out of the wrong orifice, and you may be taken seriously.

Nanoco didn't even know they could litigate against Samsung until Tenner arrived as CFO, as he suggested third party funding. So yet more TWaddle from you.

That has been the pitch in the decade I've been invested, although they were more largesse with the cash back then and had a larger workforce. Remember the CEO back in 2017 saying a webinar that they were 'so close to commercialisation'.

I remember them saying a lot about second line supply, yet I've never seen any such second line supply- seems the OEM's are content to deal with a sole provider of dots.

“Yole can't predict the future any more than anyone else.”

So simply treat any forecasts as wishful thinking, exactly why Nanoco is valued cash or cause to,

Do you value yole analysis as junk?

How do you rate Yole on the junk scale?

You have to take any such predictions with a very large pinch of salt.

For Nanoco to predict a breakeven state during 2027, they're either utterly winging it (very possible) or a they have some visibility of a product line the tech would feature in which may or may not reach production.

Either way Highly doubtful investors will receive any more detail beyond what we already have around potential application for infrared sensors in consumer applications e.g. AR , under display faceID, automotive sensors etc.

More TWaddle.

Plenty of past form of Nanoco working with major players only to get rinsed out, and that was with materials that were developed.

e.g. Samsung, Dow, LG, Merck, AUO, Apple, STMicro etc.

The key difference this time is there won't be anyone bailing them out if they blow it with sensors. The company came very close to going under in 2019, and only managed to keep it's head above water with a couple of fund raising rounds and loan notes.

Nanoco became a much riskier investment after STMicro walked away in 2024. Following the end of the cdx process with no sensible offers, we have the ambiguity surrounding the Shoei settlement and what looks like on the face of it no further income likely to come from display.

If that turns out to be the case then that leaves all the eggs in the sensing basket- with no apparent large scale market for the mature gen 1 materials, that means second gen materials which remain under development.

Company says it expects to break even in 2027, but is very light on detail on how it expects to achieve that.

I believe that page was really pegging the investment case as a potential quick return of 50% based on a company sale and/or settlement with LG based on a higher estimate than turned out to be the case.

Made it clear it when it was from, also far more recent comments on the analysis at that link.

As for the rest, TWaddle as usual for the silent readers, probably like imaginary friends.

Interesting analysis from 10 months ago. I see the author believed the LG case could be potentially in the £12.5m ballpark, so $5m was clearly well below that prediction.

https://www.specialsituationinvestments.com/2025/06/quick-pitch-nanoco-group-nano-l/

I wouldn’t read too much into any modest uptick in trading, we’re only a short while into the new financial year, so there may be a few people moving money about.

Not much to be excited about Nanoco currently, see what they have to say in the interims, no announcement of a conference call yet, I think there’ll be quite a few questions from investors regarding the Shoei agreement.