Nanofilm Technologies International

Global Markets

Picking winners in a market under the Hand of God

The market may be overly punishing an entire sector without being discerning.
UOB Kay Hian downgrades Nanofilm to 'sell' as it expects to see 'weak' 4QFY2022 - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian downgrades Nanofilm to 'sell' as it expects to see 'weak' 4QFY2022

In his latest report, the analyst slashed his target price by a further 43% to $1.02.
Analysts issue downgrades on Nanofilm as outlook worsens - THE EDGE SINGAPORE

Broker's Calls

Analysts issue downgrades on Nanofilm as outlook worsens

DBS has downgraded Nanofilm to 'hold' while CGS-CIMB has kept its 'hold' call but slashed its target price.
UOB KH downgrades Nanofilm to ‘hold’ as 9MFY22 results come in below expectations - THE EDGE SINGAPORE

Broker's Calls

UOBKH downgrades Nanofilm to 'hold' as 9MFY2022 results come in below expectations

Despite the downgrade, Cheong does see some drivers for Nanofilm.

Broker's Calls

Citi downgrades Nanofilm to 'sell' as it sees a 'challenging path ahead' for the group

In Citi's bear case scenario, analyst Jame Osman sees a further 47% downside from Nanofilm's current levels of $1.79 as at Nov 2.

Results

Nanofilm targets earnings and revenue of $100 mil and $500 mil respectively by 2025

For its 1HFY2022 ended June, the company reported earnings of $20.9 million, up 16.9% y-o-y

Sustainability

Nanofilm JV signs MOU with City Energy to study fuel cell solutions with hydrogen

The study is expected to commence in early 2023 and will continue till mid-2024.

Broker's Calls

Analysts keep 'buy' on Nanofilm as it sees 'significant runway' for company to capture new customers

UOB Kay Hian, DBS Group Research and Citi Research have all kept their "buy" calls on Nanofilm.
Nanofilm forms Sichuan-based JV to capture growing EV batteries market - THE EDGE SINGAPORE

AVs and EVs

Nanofilm forms Sichuan-based JV to capture growing EV batteries market

The joint venture is called Sichuan Apex Technologies and will have an initial capital of RMB50 million.
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