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Strange random figures here. On what basis is the sensor market valued at 5 million. How do you come to a valuation of 10 million for patents, when Samsung paid 85 million for a single patent.
Some patents will expire, but nano have 22 years of experience in production and development. That will be hard to replicate. Even Samsung needed 5 years of collaboration before they could produce. To say nearly 500 core patents, a production facility and the whole team of scientists plus collaborative agreements with multiple clients has zero value is not credible going forward imo. And if the sensor tech is so easy why did Apple and then ST micro approach nano?
I agree the market is driven by larger players. Their are many significant institutional investors in Nano. LOAM is just one of them. They sold high . good for them. Whether, as you suggest, that was the result of insider information is another point. But they stopped selling way before settlement was announced, so I'm not sure your logic holds up as they would have sold everything surely.
Anyway, I'm a buyer at these levels. I'm not waiting for an announcement on commmercialisation to buy at 40p. I'll be selling my stake at 100% profit while others pile in. That's the market ....
I think you are missing my point which is that the market is more than often wrong. It was wrong at 70p and it's wrong at 23p imo. Sell high buy low is how it works. There are loss making tech companies valued at over a billion. Nano has significant cash and IP resources. Of course, if you have no confidence in the management then you can't possibly invest. But BT isn't going anywhere imo.
Regarding the May production target, this is something BT has referred to a number of times.
Production contracts tie in with this. So in second half 2023. 12 weeks at a maximum it would seem.
I accept the market is valuing nano business at 2 million. I also think it's wrong to do so. Just as wrong as when its value was at 70p a few months ago. The 'market' got that one badly wrong...
We're down at 23p because there is no appetite for risk anymore. Most have sold up and moved on. Good time to buy imo. 85 million for 2 patents and the other 490 are worthless. Come on! St Micro have a production plan for May of this year. The large panel makers are moving across to Qdot display. They all can't be supplied by Samsung. Anyway, each to their own logic but I think Nano offer good value here.
I don't think the market is valuing nano at £2 million. That's nuts. Samsung bought 2 non core patents for 85 million. That leaves about almost 500 left. Nano was at 55p not so long ago with no cash and no imminent production. I continue to buy at these prices. Seems a good bet. 10p special dividend come this time next year. 50% yield with zero risk. Sensor production will happen at some point. It's the way the industry is going. It's just a question of when not if imo. Display also has to include cad free quantum dots. Samsung has set the standard. The rest have to come into line soon. Oled can't compete going forward.
I never thought nano were a takeover target, but now I've changed my mind. You can buy those 500 patents and a 22 year old business with production facilities and multiple contracts for 2 million. Now that is nuts.
Hey Gigawitt,
Are you the same witt who was banned from Advfn? Also, the same one who said you wouldn't post again on these boards but then changed your name to something similar?
Just wondering ... maybe I'm wrong..
It was $15 per set 7 years ago. Why are people suggesting $10 a set now. Each Qdot film enabled an $800 premium on sales.
Settlement is highly likely now imo. Otherwise Samsung will lose and face 3x$20 for infringement. A win in Texas means the other jurisdictions very likely to go Nano's way.
Qdot display production accelerating massively now, too.
Yes, I think nigwit was banned from LSE forum and then from advfn... posting semi aggressive posts with pseudo legal knowledge..
Anyway, trial all set to go. Nano has probably the best case going against Samsung. Won all the pre-trial stuff hands down. The case will turn on the chemistry/science facts more than rhetorical arguments imo.
Minimum damages $15 per TV sold. Maximum the added value to the TVs ... up to $800 per TV is the additional value for a Qdot TV.
Dropping the red Qdot claim makes perfect sense as red Qdots can be synthsised using hot injection. Nanosys were doing this successfully prior to 2013. It was the explosive nuclearisation for green dots that was always the problem so better to focus on this claim and the required seeding process that Samsung blatantly stole imo..
Yes, any details however small on Samsung's defense would be greatly welcomed. I'm sure you must have a snippet of an insight given you think Samsung have a strong case.
Remember, Samsung also thought they had a good case with PTAB. Yet lost all 47 claims, probably the most convincing PTAB decision in its history imo.
Lot's of strange posts on this thread. If you think Samsung have a strong case you need to post a few facts in support. One or two will suffice for a start. Any patent references etc..
Otherwise, you're just saying nothing is certain.
Carrot, no one has said this is the bargain of the century. But the price holding up quite well given the general market meltdown. All I do is buy the cash. 200 million fcf .. at least come final results. Market cap 216 million here. Recurring cash for the next 5 years is 1 billion, you can buy that cash cheaply.
But I forgot, you don't do the fundamentals, just the hysteria and some dodgy charting, which is also pretty bad imo.
Well carrot you can believe me or not as you wish.
But I'm assuming you were heavily short this stock at 86p and geared, so your losses must be 200/300%?
Also you lie about Petra. You said the exceptionals had dried up. And you intimated this was because the workers were stealing the diamonds. This is an appalling accusation.
You also don't understand the financials.
Sorry, but I've no time for people like you.
carrot,
I said around 70% can't be bothered to do the exact maths as I've been buying petra all year at different levels. But I recall buying around the 60p mark on the dive after consolidation. I've bought as high as 137p, so a small loss there.
So you said sell at 86p and now it's 114p and you're still trying to get people to sell. I'll leave it up to readers to decide who's the fantasist. Also, you provide no objective analysis of pdl, you just use language to frighten new traders from what I can see.
I'm up around 70% at these prices. Fortunately, I didn't listen to carrot's advice to sell at 70p. Also, I see we're up now 12-13.. so much for the tin hat stuff.
Remember, Petra earns in dollars so there's another 10% increase in profit given the poor state of the pound these days. Wouldn't surprise me to see near parity with the $ in a few years.
Indications in the last tender statement that the next tender in June will have a better mix of diamonds. Should easily beat Q3 revenue imo. Another 50 million of debt in Q4 is my guess with a healthy net cash position..
I thought this was definitely going back to 96p. I can see 116 on the ask! And exceptionals had dried up, but they just sold another for 6 million.
The lower prices this time round was due to the comparative and the mix of stones. Both are indicated to improve in the next sale in June.
Diamond prices are not falling of a cliff. Prices for smaller stones are strengthening..
Fcf should eradicate debt quick quickly imo. Plus there is the sale of the loss making mine.
I'll just take the 21p divi this year and again and again. I don't care about jam. I just look at the yield ...the market can do what it wants. Next year the divi will be 50p.
Yes, Vertiga is a massive asset to have... but there are many more.
Yes, the problem was HP. Massive indigestion from that purchase. But it wasn't a bad decision, just poor execution. Now that's behind us and this massive company is on the turn for the better. I can see days of 100 rises...