MIDAS SHARE TIPS: Could Nanoco Group deliver sky-high profits?

How often do you see something online, buy it and then find out the colour is quite different from what you saw on screen?

The difference can be infuriating and it is caused because most TVs, computers and mobile phones cannot display certain colours with accuracy.

Nanoco Group, a small, high-tech company based in Manchester, has worked out how to solve this problem, using nanomaterials that display light more effectively than any other products on the market and also use less energy in the process.

The shares are 44p and could increase substantially in value this year and beyond as Nanoco’s technology is increasingly put into practice.

 

Nanoco Group (LON: NANO) harnesses the power of nano-materials. .Nano-materials are materials with dimensions typically in the range 1 – 100 nm. Nano-materials have a range of useful properties, including optical and electronic. Quantum dots are a subclass of nano-material that have size-dependent optical and electronic properties. The Group produces quantum dots. Within the sphere of quantum dots, the Group exploits different characteristics of the quantum dots to target different performance criteria that are attractive to specific markets or end-user applications such as the Display and Electronics markets.

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