Nanotech Wire News:

Nanoco Group closes at 6.5% below VWP but at 11.6% premium to 52-week low

News Bites - Western Europe : United Kingdom
February 18, 2011

Nanoco Group (NANO.L), the 6th largest semiconductors company by market capitalisation in the United Kingdom, strengthened 0.25 GBX (or 0.3%) to close at GBX85.50. The price is at a discount of 6.5% to the 1-month volume weighted average price of GBX91.471, which may appeal as a value proposition. Compared with the FTSE 100 index, which fell 4.4 points (or 0.1%) on the day, this was a relative price change of 0.4%.


Volatility: the traded between an intraday low of GBX84.50 and a high of GBX86.57, suggesting a trading opportunity between peaks and troughs.

Moving average price (MAP) [with equal weightage to prices at close]: the price to 200-day MAP ratio is 0.89, a bearish indicator. The 200-day MAP has decreased to GBX95.644. A decrease is another bearish indicator.

Exponential Moving Average Price (EMAP) [with higher weightage to recent prices]: the price to 50-day EMAP ratio is 0.9, a bearish indicator. In the past 50 days this ratio has been under 0.9 just twice suggesting a support level. The 50-day EMAP has decreased to GBX95.157. A decrease is another bearish indicator.

Moving Average Convergence Divergence (MACD): the MACD indicator of 12-day Exponential Moving Average (EMA) minus the 26-day EMA is negative suggesting a bearish signal. Both the 12-day EMA as well as the 26-day EMA are falling, another bearish signal.

Relativities: today its percentile rank in the United Kingdom market was 58. In the United Kingdom market of 743 stocks traded today, the has a 6-month relative strength of 7 indicating it is trailing 93.0% of the market.

Volume: the volume was 0.03 times average trading of 487,889.

% Discount to high: the last price is at a discount of 27.4% to the 12-month high of GBX117.75 four months ago on 25 Oct, 2010.

% Premium to low: the last price is at a premium of 11.6% to the 12-month low of GBX76.60 nine months ago on 25 May, 2010.

Falls to Rises: In the last three months the number of falls outnumbered rises 33:23 or 1.43:1.

Oversold [Bullish Signals]: the Stochastic indicator of 12.3 has broken through the oversold line of 20; the stock is also oversold according to the Williams % R indicator of -85.8.

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The is in 3 indices and 2 sectors.

The rise went against the trend set by the following index and sectors:

Semiconductors sector of 6 stocks traded today, which was down 232.0 points or 1.2% to 18,530.9,

FTSE 100 index which was down 4.4 points or 0.1% to 6,083.0,

The Total United Kingdom Market of 743 stocks traded today, which was down 2.5 points or 0.04% to 6,154.2


Trailing one week: the fell twice (40% of the time), rose twice (40% of the time) and was untraded once (20% of the time). The volume was 0.2 times average trading of 2,439,445. The value of GBX1,000 invested a week ago is GBX929 [vs GBX1,010 for the FTSE 100 index], for a capital loss of GBX71(or loss of 7.1%).

Trailing one month: the fell eleven times (48% of the time), rose eight times (35% of the time), was unchanged twice (9% of the time) and was untraded twice (9% of the time). The volume was 0.6 times average trading of 10,733,558. The value of GBX1,000 invested a month ago is GBX912 [vs GBX1,004 for the FTSE 100 index], for a capital loss of GBX88(or loss of 8.8%).

Trailing one year: the value of GBX1,000 invested one year ago is GBX1,075 [vs GBX1,142 for the FTSE 100 index], for a capital gain of GBX75. The total return to shareholders for 1 year is 7.6%.


Annual Report for the year ended July 31, 2010 (year-on-year comparisons with previous corresponding period)-

Favourable Changes: Sales to total assets up 38.89% to 0.3.

Unfavourable Changes: EBIT Margin of -46.3%; EBITDA loss of GBP872,000 ($US1.4m); current ratio down 77.66% to 3.6; Net tangible assets per share down 17.96% to GBP0.0 (US6.3c); operating cash flow is negative; total number of shares outstanding up 5.1% to 180,397,031; Working capital to total assets down 30.66% to 48.1%.

Major Common Size Ratios: total current assets to total assets down from 73.99% to 66.49%; cash to total assets down from 68.48% to 36.08%; total non-current assets to total assets up from 26.01% to 33.51%; fixed assets to total assets up from 22.11% to 27.47%; cost of goods sold to sales up from 8.07% to 16.85%; depreciation to sales up from 11.69% to 14.57%; tax expenses to sales down from 12.04% to 9.81%; interest revenue to sales down from 2.86% to 2.32%; amortisation to sales up from 1.96% to 2.04%.


Price to NTA: the price to net tangible asset backing per is 22.3.


Based on 188,610,932 issued equity the market capitalisation is GBP161.3 million (US$261.2 million). It is United Kingdom's 8th largest Semiconductors company by assets.


Nanoco Group PLC, formerly Evolutec Group PLC, is engaged in the development of applications incorporating semiconductor nanoparticles, quantum dots. The Company operates facilities in the United Kingdom and Japan. Nanoco Group PLC's stock quantum dots (NanoDots) provides customers with photo bleaching-resistant semiconductor nanoparticles in a range of standardized colors. In addition, the Company supplies a selection of stock products with properties; primarily its restriction of hazardous substances (RoHS)-compliant, non-toxic, heavy metal-free CFQD range of cadmium-free quantum dots. Nanoco Technologies Ltd is the Company's subsidiary.


The last 2 company announcements are:

January 28: Nanoco Group: Successful Placing of 16,700,000 new Ordinary Shares, raising approximately 15 million pound

[News Story] Nanoco Group plc (AIM: NANO) announces the completion of the placing announced yesterday afternoon (the "Placing"). A total of 16,700,000 new ordinary shares in the capital of Nanoco (the "Placing Shares") have been placed with institutions at a price of 89 pence per Placing Share (the "Placing Price").

January 27: Nanoco Group: Issue of Equity

[News Story] Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of quantum dots and other nanomaterials, announces that application has been made for 21,000 ordinary shares of 10 pence each in the capital of the Company ('Ordinary Shares') to be admitted to AIM, pursuant to the exercise of options granted under the Company's share options scheme.

Currency Conversion: Pence Sterling GBX1= US$0.0162 [or US$1=GBX61.73]; Against the US$ the GBX added 62.11 basis points (or 0.6%) for the day; added 1.2% for the week; increased 1.2% for the month; climbed 6.6% in the past year. Great Britain Pound [GBP] 1 = GBX100.


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