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Nanofilm Technologies International
Broker's Calls
Nanofilm shares drop following profit warning, CGS-CIMB reiterates call to 'reduce'
Its shares are now trading near its all time low
July 11, 2023
Results
Nanofilm abandons FY2025 earnings and revenue target following profit warning for 1HFY2023
The company expects revenue to drop by a third and incur a loss of $8 million
July 10, 2023
Broker's Calls
DBS downgrades Nanofilm to ‘fully valued’ as outlook remains weak
Despite the downgrade, analyst Ling Lee Keng sees Nanofilm’s recovery in the 2HFY2023 as “intact”.
June 24, 2023
Broker's Calls
CGS-CIMB downgrades Nanofilm to 'reduce' with lower TP of $1.13
The company may report a loss for its 1HFY2023 results, notes analyst William Tng.
June 22, 2023
New appointments
Nanofilm Technologies makes changes in leadership
The changes will be made effective on June 15.
June 11, 2023
Broker's Calls
Analysts neutral on Nanofilm; UOBKH upgrades call to ‘hold’ as challenges appear to be lesser in FY2023
UOB Kay Hian analyst John Cheong has upgraded his call for Nanofilm to “hold” with a higher TP of $1.28 from $1.02 previously.
February 24, 2023
Results
Nanofilm Technologies reports 2HFY2022 earnings of $25.0 mil, 43.6% lower y-o-y
Nanofilm has proposed a final dividend of 1.1 cents per ordinary share, payable on May 18.
February 21, 2023
Broker's Calls
DBS cuts Nanofilm's target price to $1.33 on lowered profit guidance
While Nanofilm has lowered its FY2022 numbers, there is no change to its 2025 earnings target of $100 million
February 03, 2023
Results
Nanofilm expects to report 30% decline in patmi for FY2022
The group will be releasing its results for the 2HFY2022 and FY2022 on Feb 21.
February 02, 2023
Broker's Calls
CGS-CIMB keeps 'hold' call on Nanofilm, eyes FY2024 as 'key' year for possible re-rating
"We believe normalcy has returned to its China factories since Jan 2023."
January 17, 2023