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.

Recommended

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.
19 Feb 2021
Stockmarkets shrug off turbulence
Stockmarkets

Stockmarkets shrug off turbulence

Stockmarkets have hit their first bout of turbulence of the year, but most are clinging onto January’s gains.
4 Feb 2021
The FTSE 100 has clawed back above 7,000 – how much higher can it go?
UK stockmarkets

The FTSE 100 has clawed back above 7,000 – how much higher can it go?

The FTSE 100 index has risen to over 7,000 for the first time in over a year – it now sits just above where it was in 1999. But its era of neglect cou…
19 Apr 2021
Get decades of growth at a discount with this healthcare investment trust
Investment trusts

Get decades of growth at a discount with this healthcare investment trust

Healthcare is set for strong long-term expansion but looks cheap. That makes this investment trust worth buying, says Max King.
19 Apr 2021

Most Popular

“Joke” cryptocurrency dogecoin goes to the moon. What’s going on?
Bitcoin

“Joke” cryptocurrency dogecoin goes to the moon. What’s going on?

Dogecoin – a cryptocurrency created as a joke – has risen by more than 9,000% this year alone. Saloni Sardana looks at how something that began as an …
19 Apr 2021
The FTSE 100 has clawed back above 7,000 – how much higher can it go?
UK stockmarkets

The FTSE 100 has clawed back above 7,000 – how much higher can it go?

The FTSE 100 index has risen to over 7,000 for the first time in over a year – it now sits just above where it was in 1999. But its era of neglect cou…
19 Apr 2021
The bitcoin bubble will burst: here’s how to play it
Bitcoin

The bitcoin bubble will burst: here’s how to play it

The cryptocurrency’s price has soared far beyond its fundamentals, says Matthew Partridge. Here, he looks at how to short bitcoin.
12 Apr 2021