Nanofilm Technologies - OCBC Investment 2024-11-26: A Thawing Winter

• Initiate coverage on NanoFilm Technologies (SGX:MZH) with a HOLD rating and fair value estimate of S$0.76.
• Management expects higher y-o-y revenue and profits for FY24, barring any unforeseen events, which would mark the first year of growth for NanoFilm since FY21.

Light at the end of the tunnel.

• - Read this at SGinvestors.io -
• Notwithstanding a seasonally stronger second half of the year, both industry-wide trends and NanoFilm’s underlying growth seem to be inflecting upwards especially in the Computer & Communication subsegment, suggesting that the worst might be behind the company.
• - Read this at SGinvestors.io -

Near-term uncertainties…

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-04-08 Nanofilm Technologies - Cloudy Outlook; Upgrade To Non-consensus BUY..

Previous report by OCBC:
2025-04-02 Nanofilm Technologies - Not Immune To Global Spillovers.

Price targets by 2 other brokers at NanoFilm Target Prices.

Listing of research reports at NanoFilm Analyst Reports.

Relevant links:
NanoFilm Share Price History,
NanoFilm Announcements,
NanoFilm Dividend Payout Dates & Corporate Actions,
NanoFilm News