If you'd invested in: Nanoco and Nostrum

Manchester-based tech company Nanoco is flying, while oil producer Nostrum has had a bad year.

If only...

926_Good

Nanoco (LSE: NANO) is a Manchester-based tech company developing the future of nanotechnology. It is working on quantum dots (tiny semiconductor particles) to improve everything from bio-imaging to the colours of LCD displays on your computer, TV or smartphone. "We've worked really hard to keep all costs within the business down," chief executive Dr Michael Edelman said after announcing a £2m rise in the group's cash position in the first and second quarter. Nanoco grew its revenues 150% last year and the stock has gained 50% in 12 months.

Be glad you didn't buy...

926_Bad

Nostrum (LSE: NOG) explores and produces oil and gas in the Pre-Caspian Basin of western Kazakhstan. The company hit trouble earlier this year when it faced "unexpected challenges", with water flowing into the wells along its gas-producing reservoir. Volatility in global oil prices has made matters worse. Nostrum announced plans last week to reduce the number of active drilling rigs from three to two. The past year has seen the share price slump by 63% as the group made a loss of $23.8m, while net debt has climbed above $1bn.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.
Advertisement

Recommended

Visit/investments/stocks-and-shares/share-tips/600641/share-tips-of-the-week
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
17 Jan 2020
Visit/519913/share-tips-8-stocks-for-robust-returns
Share tips

Share tips: eight stocks that should deliver robust returns

Ryan Ermey of US publication Kiplinger’s Personal Finance chooses his favourite stocks for the next decade, which should be able to grow for years.
28 Dec 2019
Visit/519724/share-tips-of-the-week-166
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
20 Dec 2019
Visit/519436/share-tips-of-the-week-165
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
13 Dec 2019

Most Popular

Visit/investments/stocks-and-shares/600863/sirius-minerals-anglo-american-takeover
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Visit/currencies/600842/eur-usd-euro-slide-against-us-dollar
Currencies

The euro’s slide against the US dollar looks set to continue

The euro has been in a bear market against the US dollar for two years now. And on a broader scale since 2008. A decline like that is telling us somet…
19 Feb 2020
Visit/economy/uk-economy/600862/britains-economy-might-spring-a-surprise-on-the-doomsayers-this-year
UK Economy

Britain’s economy might spring a surprise on the doomsayers this year

The UK economy is looking pretty good – we’re more at risk of a boom than a bust, says John Stepek. Here’s why, and what it means for your portfolio.
20 Feb 2020
Visit/investments/stockmarkets/european-stockmarkets/600725/is-2020-the-year-for-european-small-cap
Sponsored

Is 2020 the year for European small-cap stocks?

SPONSORED CONTENT - Ollie Beckett, manager of the TR European Growth Trust, on why he believes European small-cap stocks are performing well.
12 Feb 2019