UOB KAYHIAN | RHB |
NanoFilm Technologies International (NANO SP) Unique Technology Solutions Provider With High Growth Prospects
NanoFilm provides renowned blue chip customers with surface vacuum coating technology solutions, which is critical in enhancing the functionality and useful life of products. We expect a robust 3-year earnings CAGR of 38.7% for 2019-22F, from the bigger wallet share of existing customers and the new application of technology. We believe its unique technology provides a strong competitive advantage and warrants a premium to peers. Initiate coverage with BUY and target price of S$4.07.
|
ST Engineering (STE SP) New A330 P2F Order Wins; Keep BUY
Maintaining BUY with SGD4.40 TP, 9% upside and c.4% yield. ST Engineering continues to register strong order wins, with new orders for two A330 passenger-to-freighter (P2F) conversion from CDB Aviation, an aircraft leasing company that is venturing into freighter conversion for the first time. STE’s commitment towards cost optimisation and gradual demand recovery should drive earnings recovery in 2021. Moreover, its plans to reorganise its business should enable greater focus on future growth areas and support earnings beyond 2021. We continue to like STE for its defensive earnings quality, ability to sustain dividends and deliver profit growth in 2021.
|
UOB KH |
UOB KH |
Airports of Thailand (AOT TB)
|
Bangkok Chain Hospital (BCH TB) |
Check out our compilation of Target Prices