NNO Nano One Materials Corp

EQS-News: Nano One Materials announces joint agreement with Umicore

EQS-News: Nano One Materials Corp
Nano One Materials announces joint agreement with Umicore

22.12.2022 / 17:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Contact Details

Proactive USA

Proactive USA


News Source: News Direct


22.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: Nano One Materials Corp
United States
ISIN: CA63010A1030
EQS News ID: 1520427

 
End of News EQS News Service

1520427  22.12.2022 CET/CEST

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22/12/2022

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Reports on Nano One Materials Corp

John Cheong Ming Chern
  • John Cheong Ming Chern

Nanofilm Technologies International (NANO SP) - 1H23: Results Within E...

Nanofilm reported 1H23 net loss of S$8m (vs S$19m earnings in 1H22), in line with our expectation. 1H23 revenue fell 34% yoy due to softer end-consumer demand, particularly in its 3C segment and the slower-than-expected recovery in China. 2H23 revenue is expected to be higher than 1H23, but will be lower than 2H22, due to the uncertain macro environment. We trimmed our 2023/24 EPS by 38%/8%. Our target price fell 10% to S$1.00. Upgrade to HOLD.

Adrian Loh Tzum Yung ... (+13)
  • Adrian Loh Tzum Yung
  • Ariel Poh Yun Li
  • Benjaphol Suthwanish
  • Jo Yee Ng
  • John Cheong Ming Chern
  • Johnny Yum Chung Man
  • Julia Pan Mengyao
  • Kampon Akaravarinchai
  • Ken Lee
  • Kochakorn Sutaruksanon
  • Kwanchai Atiphophai
  • Tanaporn Visaruthaphong
  • Zhifeng Shen

Regional Morning Notes - Friday, April 21, 2023

GREATER CHINA Sector Automobile: 2023 Shanghai Auto Show – The prelude to the endgame of ICE cars. Maintain UNDERWEIGHT. Top picks: BYD, CATL and Ganfeng. Results Zhejiang Shuanghuan Driveline Co (002472 CH/BUY/Rmb23.98/Target: Rmb33.00): 1Q23: Results in line; strong growth momentum from EV, robots and overseas. Update Baidu Inc (9888 HK/BUY/HK$126.40/Target: HK$187.00): 1Q23 results will be solid; ERNIE Bot as the key market focus. Li Ning Company (2331 HK/BUY/HK$57.40/Target: HK$72.60): Retai...

John Cheong Ming Chern
  • John Cheong Ming Chern

Nanofilm Technologies International (NANO SP) - 1Q23: Revenue Misses E...

Nanofilm’s 1Q23 revenue of S$33m (-40% yoy) missed our estimate due to China’s soft recovery. Nanofilm believes that the macro environment is looking brighter in 2H23. Nanofilm’s green plating business is progressing as planned and is expected to contribute significantly from 2024. We trimmed our 2022/23 EPS by 20%/18% due to weak consumer demand. Our target price increased by 26% to S$1.61 (18x 2024F PE) after rolling over the valuation base year. Maintain HOLD.

 PRESS RELEASE

EQS-News: Nano One Materials announces joint agreement with Umicore

EQS-News: Nano One Materials Corp Nano One Materials announces joint agreement with Umicore 22.12.2022 / 17:30 CET/CEST The issuer is solely responsible for the content of this announcement. Contact DetailsProactive USAProactive USA News Source: News Direct 22.12.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at -news.com Lan...

Singapore Research Team
  • Singapore Research Team

Strategy - Alpha Picks: Add Nanofilm, Remove AEM, Venture And ComfortD...

Our Alpha Picks outperformed the STI in Aug 22, increasing by 2.9% on a market cap weighted basis vs the market’s 0.3% increase. For Sep 22, we add Nanofilm as we believe new product launches and market expansions will lead to a strong 2H22. We have also taken out AEM as we expect a weaker 2H22, and removed ComfortDelGro due to its recent exclusion from the STI. Additionally, we have taken profit on Venture as we see no near-term catalysts.

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