Company Report
Last edited 2 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#7
Performance (34m)
-1.2% pa
Followed by
54
Straws
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#Broker Targets
stale
Added 2 years ago

Not getting much love from brokers following results.

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#Update
stale
Added 2 years ago

Looks like a strong updated from NAN - 45c402x7vskr60.pdf (asx.com.au)

Sales of $120M beating market consensus of $116M for FY22 - some 3% beat.

Narrative around transition to direct seller from GE distriutor appears to be negative whereas it really seems it should be a positive. GE continuing to sell Tophon units as well with extended 12 month agreement.

NAN is not cheap at today at over 10x revenue but large short postion of 11.6% from Shortman - today's trade will be interesting given slight market beat.

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