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OCBC's Lim raises fair value for Nanofilm Technologies to 79 cents but warns outlook remains uncertain

The Edge Singapore
The Edge Singapore  • 2 min read
OCBC's Lim raises fair value for Nanofilm Technologies to 79 cents but warns outlook remains uncertain
Near-term earnings recovery may be gradual / Photo: Nanofilm Technologies
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OCBC Investment Research's Ada Lim has raised her fair value for Nanofilm Technologies International from 72 cents to 79 cents, following yet another round of gains in a fortnight when she last increased her value for this counter.

"While the demand outlook for Nanofilm remains uncertain, it may not be as negative as previously expected," states Lim in her Sept 11 note.

"At its 1HFY2025 results briefing, management sounded optimistic about maintaining growth across its business units for the rest of this year, in our view – notwithstanding a still uncertain macroeconomic environment," she adds.

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