NANO Nanoco Group

Edison issues report on Nanoco Group (NANO, NNOCF)

Edison Investment Research Limited
Edison issues report on Nanoco Group (NANO, NNOCF)

24-Jun-2024 / 09:42 GMT/BST
The issuer is solely responsible for the content of this announcement.


 

London, UK, 24 Juni 2024

 

Edison issues report on Nanoco Group (NANO, NNOCF)

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1931571  24-Jun-2024 

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24/06/2024

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Reports on Nanoco Group

John Cheong Ming Chern ... (+2)
  • John Cheong Ming Chern
  • Jonathan Koh

Singapore Daily: Tuesday, August 05, 2025

KEY HIGHLIGHTS Sector Tech Manufacturers Picking three tech winners of MAS’ EQDP; top BUYs: FRKN, UMS, VALUE. Update Frasers Logistics & Commercial Trust (FLT SP/BUY/S$0.87/Target: S$1.15) 3QFY25: Double-digit reversion from Australia; rapid backfilling in Singapore. Frencken Group (FRKN SP/BUY/S$1.67/Target: S$2.08) Positive indicators for the semiconductor segment; raise target price by 49%. TRADERS' CORNER Delfi (DELFI SP): Trading BUY ...

John Cheong Ming Chern
  • John Cheong Ming Chern

Tech Manufacturers: Picking Three Tech Winners Of MAS' EQDP; Top BUYs:...

Tech manufacturing stocks with good earnings growth visibility and positive catalysts should continue to see valuation re-rating as the valuation gap of 35-40% vs Malaysian peers remains wide. Our top picks are Frencken (target price: S$2.08) and UMS (target price: S$1.73) given their positive outlook of sequential earnings growth from their semiconductor customers. We also like VALUE for its attractive valuation and renewed growth profile from new customers. Maintain OVERWEIGHT on the sector.

Benjaphol Suthwanish ... (+14)
  • Benjaphol Suthwanish
  • Carol Dou Xiao Qin
  • Colin Lee
  • Desmond Chong Chee Wai
  • Heidi Mo Jinghui
  • John Cheong Ming Chern
  • Johnny Yum Chung Man
  • Julia Pan Mengyao
  • Kasemsun Koonnara
  • Ming San Soong
  • Paula Ruth
  • Philip Wong
  • Sunny Chen
  • Tanaporn Visaruthaphong

Regional Morning Meeting Notes: Wednesday, April 23, 2025

GREATER CHINA Initiate Coverage Tencent Music Entertainment Group (1698 HK/BUY/HK$47.80/Target: HK$60.00) World’s largest music platform with evolving social ecosystem. Results Dian Diagnostics (300244 CH/HOLD/Rmb13.99/Target: Rmb15.00) 2024: Results in line; maintain 2025 revenue growth estimate of 8.8% yoy. iFlytek (002230 CH/SELL/Rmb45.18/Target: Rmb35.00) 2024 and 1Q25: Earnings miss on heightened R&D spending; solid top-line growth. Update Sunn...

Heidi Mo Jinghui ... (+2)
  • Heidi Mo Jinghui
  • John Cheong Ming Chern

Nanofilm Technologies International (NANO SP) - 1Q25: Revenue In Line ...

Nanofilm’s 1Q25 revenue of S$44m (+12% yoy) met our expectation, forming 19% of our full-year estimate. However, gross margin fell 6ppt yoy, missing our expectation of gross margin remaining flat yoy. Revenue growth was driven by the AMBU and NFBU segments. While Nanofilm’s direct exposure to the US’ tariffs is limited, the impact may be felt indirectly. Although Nanofilm’s revenue recovery is on track, it may take some time to achieve meaningful earnings. Maintain SELL with a lower target price...

Bella Lu Yifei ... (+12)
  • Bella Lu Yifei
  • Colin Lee
  • Damon Shen
  • Jieqi Liu
  • John Cheong Ming Chern
  • Johnny Yum Chung Man
  • Julia Pan Mengyao
  • Ken Lee
  • Kong Ho Meng
  • Ming San Soong
  • Posmarito Pakpahan
  • Thanawat Thangchadakorn

Regional Morning Meeting Notes: Tuesday, April 22, 2025

GREATER CHINA Sector Property Supportive policy remarks by Premier Li Qiang point to further upside; upcoming Politburo meeting to be an important policy window. Results Fuyao Glass Industry Group (3606 HK/BUY/HK$49.15/Target: HK$68.00) 1Q25: Earnings up 46% yoy, in line with estimates. Maintain BUY. Target price: HK$68.00. Han’s Laser (002008 CH/BUY/Rmb24.27/Target: Rmb32.20) 1Q25: Net pro...

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