There won't be a sell off with a few weeks more delay. As long as the market believes the story is on track. It's a new industry and the Dow factory a major capital project. Anyone who knows anything about project management would understand this. Also, there is the conference call and what the CEO says to bear in mind.
Hansol chemical are supplying Samsung. Given they are selling millions of SUHD TV's you would have to admit there is some element of scale involved. But I think more supply from different sources will be needed to convince the new assessment bods. But if Dow can get up and running soon that would be a game changer. In fact the more you think about it, it's quite opportune that the assessment is due 2016. Given Dow is producing by then, the exemption won't be allowed and that's two years earlier than the commission wanted initially. Also, 2016 is around the corner in product terms placing a drag on the take up of cad quantum dots imo....
Bonzoful, you are right but the delegated act didn't enter into force. But that was a new act, not the revocation of the exemption, which is different. The exemption is still valid as we stand. But just a question of time before it's revoked and the reason is simple: cadmium in consumer appliances has no future. If people can't see that they are deranged... So QD vision and nanosys better get their cad free up to scratch in the next 12 months or good night.
The shorting question is the wrong question. At the end of the day, either Nanoco are a success or a failure. The shorting camp know, no better than the longs. It's all a game and in the short term a psychological one. I liked Nanoco's EU challenge and the fact that the EU Parliament voted so significantly in their favour. It's a sign of the times imo. The waves of change continue but we all live in the present.....
Yes, it's true vested interests here. The commission chose to ignore the last report. Fortunately, they didn't get the extension in regards to LED lighting, which remain cad free. Nanoco's petition could make things difficult for the Commission. Maybe this will be referred to the EU court for a decision. The EU environmental lobby is also quite powerful. They won't be happy with cadmium coming back to displays...
Pretty appalling that the EU Commission can just delay all action post expiry of the exemption in breach of the RoHS directive and contrary to the vast majority of the EU Parliament. Fortunately the petition is going back to the Parliament ... !
Yes, shadowcity, everyone tends to see samsung as a negative, but I think the opposite. Without them the EU Parliament couldn't have voted against extending the exemption on cadmium; as market leaders they have made a clear statement that only cad free is the futures; their Qdot TV's are selling like hot cakes taking market share from LG and the rest; their next generation Qdot TV's to be launched at CES in Jan. LG have to catch up as affordable OLED is still years away. Qdots will spearhead the UHD drive to the mass market and samsung will require larger and cheaper supply of Qdots. Can Dow produce more and more cheaply than Hansol .. Anyway, it all rests on that factory coming on stream soon. I'm hoping the results will coincide with good news out of korea.
The shorters are just traders, that's all they know. Unfortunately, due to the highly complex nature of this science no-one really has any idea fundamentally about the subject. It is all guesswork. That's why some faith in management is crucial. When the CEO says there will be multiple contracts on completion of the factory it is important that he delivers. We await news .. strong markets ahead, to which should help. Everyone gets fearful but the capitalist system kicks in and cycles play the same tune every year..
ticking up nicely.... Could easily double from here if there is a positive update on production from Dow's factory. I assume that was the intention behind the decision to build and commission it...
Interesting review here of LG's non OLED or QD TV's. The point is they aren't up to scratch. If they don't go QDot and soon they'll lose out to other Qdot rivals..[link]