NanoFilm shares fell 28.8% on resignation of COO, disappointing earnings report

straitstimes2021-08-17

SINGAPORE - Investors dumped shares of NanoFilm Technologies on Monday (Aug 16), unnerved by the resignation of the company's chief operating officer (COO), which was announced after the market closed...

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Comments

Attap Kia
2022-03-25
Attap Kia
how low will this go?
Yeahyeah
2021-08-17
Yeahyeah
avoid until u see strong recovery
Newbiee
2021-08-17
Newbiee
Think can buy when price goes below 4
- HMHu:
  Dont catch the falling knife.
LTTan
2021-08-17
LTTan
Something must be wrong somewhere
MFME
2021-08-17
MFME
How much more downside?
- Limpek:
  down trend expected

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This was supported by the advanced materials and industrial equipment units.\nHowever, net profit after tax was 2.3 per cent lower, at $18.1 million, compared with the same period last year due to expenses incurred at its new plant in Shanghai.\nThe company racked up expenses on its new product introduction projects, which have yet to contribute materially to revenue.\nThe board declared an interim dividend of one cent per ordinary share for the financial year ended Dec 31, which will be paid on Sept 8.\nNanoFilm sees better growth for its advanced materials business from customers such as makers of smartphones, vehicles and optical lenses as well as companies involved in precision engineering and printing and imaging.\nIt also expects to enter new sectors such as medical devices and optics.\nLast month, NanoFilm shares hit an all-time high of $6.53, a week after the company announced a joint venture with Temasek to develop hydrogen energy 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recovery","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839475013","repostId":1184927536,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839402916,"gmtCreate":1629170660335,"gmtModify":1676529952895,"author":{"id":"3582023594493696","authorId":"3582023594493696","authorIdStr":"3582023594493696","name":"Newbiee","avatar":"https://static.tigerbbs.com/b1bea57aef4eadbd5f8b6d128501c44a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582023594493696"},"htmlText":"Think can buy when price goes below 4","listText":"Think can buy when price goes below 4","text":"Think can buy when price goes below 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somewhere","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839547850","repostId":1184927536,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839543079,"gmtCreate":1629168936791,"gmtModify":1676529952279,"author":{"id":"3574399983193226","authorId":"3574399983193226","authorIdStr":"3574399983193226","name":"MFME","avatar":"https://static.tigerbbs.com/9c7d2325aa9eb91869c4c7144270a75a","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574399983193226"},"htmlText":"How much more downside?","listText":"How much more downside?","text":"How much more 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