NAN

1.67%

$3.53 nanosonics limited

Can NAN Weather The Storm?, page-2

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Starks03

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16/03/20

17:04

Post #: 43521786
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Originally posted by Michaelirish: ↑

Just looking at the market, CSL, COH taking a battering. When a lull comes in the storm the world will realise this sharemarket is all about disinfection. NAN is positioning itself to be knnown as the disinfection brand. The market will eventually see this point. Hold on.

"
A manufacturer of medical disinfection equipment, Nanosonics has seen its revenues more than quadruple in the last five years as the company successfully expanded into offshore markets. Operating under a ‘razor-and-blade’ model, it generates a reliable and high-margin revenue stream from the consumables it sells to customers (who are likely to be especially conscious of the need for effective disinfection at present!).
It too generates the lion’s share of revenue from overseas and therefore benefits from a weaker dollar. Importantly, it has zero debt and a whopping $82 million of cash on hand. With a large and growing addressable market, an industry leadership position, and new products about to be released, it seems likely Nanosonics is well placed to be a more profitable business in the years ahead.
One thing to bear in mind is that, despite the recent pull back, the company remains very much on a growth multiple with a PE of 151x. Bulls argue that that’s justified by a very robust growth outlook, but investors should be mindful that the share price could potentially fall a lot further if sentiment continues to deteriorate. The business itself, though, appears rock-solid.'

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Hi Michael,

i'm watching NAN closely, but for me ultrasound disenfection is not enough to justify the price in my view. What's next? Surgical/procedural sterlisation is a different ball game and ultra competitive.

NAN Price at posting: $5.42 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last $3.53		Change -0.060(1.67%)		Mkt cap ! $1.070B

Open	High	Low	Value	Volume
$3.59	$3.60	$3.51	$1.609M	455.0K

Buyers (Bids)

No.	Vol.	Price($)
2	9698	$3.52

Sellers (Offers)

Price($)	Vol.	No.
$3.54	4219	2

View Market Depth

No.	Vol.	Price($)
2	9698	3.520
3	2268	3.510
6	5134	3.500
2	3195	3.490
3	3395	3.480

Price($)	Vol.	No.
3.540	4219	2
3.550	3446	2
3.560	3446	2
3.570	3446	2
3.580	698	1

Last trade - 16.10pm 11/10/2024 (20 minute delay)

NAN (ASX) Chart

Can NAN Weather The Storm?, page-2

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