not vested
Nanofilm Technologies International (NANO SP)
NDR Takeaways: Positioned For Growth And New Opportunities In The EV Space
We held an NDR with Nanofilm’s management.
Key takeaways include:
a) operations have improved in 3Q22 with the Shanghai plant reverting back to its normal state and is currently in the peak season production,
b) Nanofilm is gaining traction with Customer Z as it wins more wallet share across all product categories, and
c) Nanofilm expects positive development in the EV battery space, where further details will be revealed in the near term.
Maintain BUY and target price of S$2.72.
Source: UOBKH
https://research.uobkayhian.com/content ... e7dbdb7982
