Member Info for NGR1616

Nanonano it would appear that ST have been unsuccessful in securing high volume design wins. In other words their sensors were not selected. Why? Who knows. Performance, size, price, power consumption? Some or all of these reasons and possibly nothing to do with Nanoco.

That they cancelled rather than refined the technology is interesting. Is it cost cutting? Is it technically too challenging? Financially better to invest in something else because the ROI here isn’t as lucrative or could it be there’s competition with a better design that was selected by the OEM at ST’s cost.

TG2D the fab is to make devices…..

Clutching at straws but Sony are an existing supplier to Apple of CMOS sensors.

Good find Xenon and underscores the validity of Nanoco’s position rather than the suggestion they knew all along.

ST has some issues of its own. It’s possible the device they produced was not the only one being sampled by the OEM. ST were aiming at integrating the device (global shutter) into a mobile for hundreds of millions of units….its possible the OEM preferred the other solution and ST has pulled out. Optimistically the Asian Customer has the better solution…..but right now my optimism is shattered and regardless , I agree with Kooba….if I were the Asian customer, I’d be driving a hard bargain.

Separately, the Edison note to me looks like something is being tee’d up and fast before cash runs out.

I was referring to the bullish PR Kooba mentioned which was April

Cavendish dropped their target to 30p Kooba.

As for BT and the PR - I don’t think they saw this coming. But there’s no excuse for that level of naivety especially when people’s jobs at Nanoco are involved not to mention our investments.

Costs will be cut I would expect. Not sure why they are continuing the buy back now though. Cash preservation I would think would be paramount.

The only reason to be here is the Asian Customer. Everything else is a display of human behaviour.

This is me

https://youtube.com/shorts/IJnfWLZAyTI?si=IYXLI6eqW0uEjhIS

Magmanus I don't understand people like you- you are not going to make the slightest bit of difference with this backdrop. And your more buys nonsense is just that. There is a sell and buy at the same time - but the reporting of it is not accurate and not an indicator. The only indicator is the 33% drop on much larger volume. People like you are trying to profit from other who have had enough...there's no guarantee this company will find the hat again let alone a rabbit.

The biggest hope is that the Fab will speed up some other commercial opportunity.

STM pulling out 8 months into a 2 year agreement is odd though. What's more frustrating is BT's comments that ST would not invest for no reason. Has the target customer (that that shall not be named) done another volte face?

Lowered guidance by 50% to 30p and note strong cash position, that the co will continue to explore opportunities in QD that offer significant upside in the share price.....

I meant last post 'today' for the avoidance of doubt.... sorry to disappoint.

Last post (possibly) from me....I'm a positive person. I always have been in life and on this one I have read it wrong and I'm big enough to admit that.

TG2D you are making unfounded claims. You have been proven correct in your prediction. I'll give you credit where credit is due, but claiming the company deliberately or knowingly withheld market sensitive information is libellous.

Terrorwit - I agree to some extent but I think the guidance from the company (having learned no lessons from the communications around the settlement) should have been much more cautious and have spoken about risks of adoption. There are clearly never guarantees but as (what I still consider them to be) a fledgling company the risks were/are huge.

But the SWIR tech won't die. Someone will want it in end user devices the question is will Nanoco have any part of it. All eyes to Asia.

Hear hear troublesome and TG2D!

Feeks I think that is unfair frankly. If we were the only two people holding shares then it would be appropriate to say that but fact is we are not. You may as well accuse everyone holding shares that they are deluded even if they were silent.

Kooba yes, we can look forward to a litigation against ST down the line.....

I didn't say he wasn't pushed but I was open to the idea that in actual fact he made his own decision to move on for personal reasons. It now would appear that whilst the latter is still a possibility; that it is the former. As a point, I don't believe it's wrong to have some faith in the board of the company you are invested in. I'm not the only person here to be invested in Nanoco and being disappointed this morning .

ST are entitled to cancel agreements. The question is did Nanoco over egg the pudding? I think we know the answer.

I'd like to see something from STM that validates the comments of the C Richards "It is noteworthy that our customer has taken their decisions based on it's own strategic priorities and not on a lack of belief in, or the performance of Nanoco's technology......" Without evidence these are just words. STM are unlikely to publicly challenge this statement but there needs to be more than words.