Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
***Correction ***'run' should have been 'chased'
Watch out for the night of the 21st. The Chinese/Asian new year starts this Sunday the 22 Jan. Tradition has it the Monster is runs away terrified by the fire crackers and the colour red of the lanterns. Lets hope the great monster "S"is slain by that night and that the red we see does not represent the blood of naive investors!
I don't agree that it is obvious at all, The SP/Market cap is based on a number of different things including potential sales of the new materials. The settlement on it's own ought not be the thing that justifies or does not justify the SP/Market cap.
Hawi, I asked who the buyer was ages ago oen this board. I am still positive although cautiously so. I don't really understand the strength of some people's negativity here given we know so little, although I think the company made a (fairly minor) mis-step with the second RNS. However on the buys =sells point it is the price movements that indicate buyer and seller quanities. At the moment the MMs have only been able to find sufficient buyers to match the sellers by lowering the price. I suspect we may eventually see that someone/some people (one or more iis?) may have started to build a smallish stake But we shall see. For now all is speculation. I'm trying to avoid being affected by the negativity here, but without complete success I admit.
*bite
I'm not sure that's right. Some of Samsung's display competitors would love to eat their lunch and if Nanoco can provide them good/better quality dots at the right price one or more of these companies will bight Nanocos hand off. (important if in that last sentence!)
Does anyone have any idea of the lead time Nanoco /St micro would need to be ready to supply products. Lot of ifs, but IF the first product for Nanoco's new IR sensor material is to be the Apple VR headset and if, as currently suggested, this is to be announced in the Spring for shipping in the autumn, then between now and the autumn Nanoco has to have time to produce the materials, STmicro then has to produce the 'chip' then Apple has to bring this together with all the other components. Is that feasible? Anyone know how long before the actual launch of the product Nanoco would have to be producing their materials and hence by when would they need firm orders? I assume Nanoco itself would have to order some things and do some work on Runcorn before it could start producing and this would introduce further delay. I guess I'm asking is by when do we think Nanoco would have to receive firm orders by if Apple is to launch a product in the Autumn which contrains STmicro chips that themselves contain Nanoco products?
I re-listen to the Youtube video qa few days ago, although I can't remember the exact words BT actual said something along the lines that it shouldn't effect the Euroipean companies orders but whether it did or not was a decision for them = in other words it had accurred to BT that it justy might do!,
I have learnt a lot from people's posts today so a big thank you to all who contributed. I hope others learnt from people's contribution today as much as me.
Sorry should have read article loinked to by LordWM and then I would have known the IR connection. Thanks all
On the Apple headset. Thanks those who have provided info. One 'concern' I have is nowhere can I see this product requires IR sensors as opposed to visable light sensors, and the first Nanoco new material seems to be all about IR sensing. Thoughts?
Also GigaWitt thanks, I has missed that. So maybe we could get good news on the organic growth front soon!
Thanks for your reply Nanonao . Now I didn't know that! So it may be a real possibility. I wonder, if that is the product, what the volume of sales would be. I am not an expert in this area but I would have thought the big market would be in cars!
Do you think that Apple would use STmicro chips? If not, this doesn't seem compatible with what we have been told so far!
Whatever the settlement, Nanoco must, going forward, sell something. At the moment we only have visiblity on various consultancy services. This is keeping the business afloat but the current income from consultancy contacts clearly doesn't warrant the current SP. Maybe the settlement will justify it, maybe it won't. I don't have a crystal ball and neither does anyone else here. Fortunately there is scope for income from the 'new materials'. The problem is despite being told the company would have visibility of orders for one of these materials at the end of last year, we ordinary investors have had no news. There are three obvious possibilities: (1) there has not been and will not be any such orders (some problem has occured) (2)there has been a delay or (3) Nanoco has some visibility of upcoming orders but either nothing is firm enough yet or the quanties are not significant enough for Nanoco to notify the market. If and when significant orders are placed and nanoco inform the market the SP will move upwards. How much upward and how quickly will depend on the size of these orders. But I think I remember they said Runcorn has the capacity to produce £100m of product a year with a good profit margin. I hope news on this front comes soon as it truely could be game changing. It would be interesting to know whether the situation wrt to these new mterial orders have been or are influencing Nanocos strategy re the settlement. For example is STmicro reluctant to committ to large orders with Nanoco before the Samsung litigation is resolved! If so, the settlement may trigger movement on this other front as well.
People are however questioning everything that BT has in the past said about this whole settlement. My point is the legal requirements of reporting assets and income will mean it would be impossible to hide this anyway apart from for a small period of time. Even at low settlement amount, given Nanoco's current income, expenditure ansd assets, it would be like trying to hide a full grown elephant in an extremely small beach hut.
Nanoco has a London stock exchange main market listing so it has to produce accounts every year, including all assets such as cash in the bank. Even if they don't formally state the settlement amount to the market we will be able to estimate it pretty accurately in the end.
Myself when young did eagerly frequent
Doctor and Saint, and heard great Argument
About it and about: but evermore
Came out by the same Door as in I went.
From: Rubaiyat of Omar Khayyam
Chinese/Korean New Year starts in about a week's time and many people there have a full week's holiday. So not sure whether much will happen during that week, My guess (and it is a guess) is that if things aren't rapped up by next Friday we may end up having Samsung asking for an extension. What fun!
Aside from the settlement I think Nanoco's worth is at the moment very subjective. My own view is a lot depends on if/when STmicro release a product with some of Nanocos new materials in it and how well they sell as this will feed directly into STmicro orders for Nanoco's products. Hopefully some of these products may have been presented at CES2023 (my favourite is STmicro's SVB1940 5MP RGB-IR image sensor because it fits the right timescale and the Infra Red aspect fits in with Nanoco's description of what their new material is designed for.) BUT this is mainly my conjecture. If I am right though we are getting close (three months maybe) from some ST orders which would slowly start to increase the value of Nanoco into hopefully a serious and stable player in this market and transform Nanocos financial position..
Do people really believe there is much chance that they might finalise the deal just a week into the 30 day period allotted?