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$Nanofilm (MZH.SG)$10% a day, a drop of 5%, has the company ...

$Nanofilm (MZH.SG)$10% a day, a drop of 5%, has the company closed down?
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  • Stirling : Company is sound. Operating cashflow is healthy.  At current price versus NTA at 66 cents and PE ratio at 27x FY2021 earnings, the valuation appears stretched.

    The market expected this company to show strong growth and therefore afford a higher PE ratio but its growth appears to have plateaus.  Nanofilm need to show it can go back to grow its business or alternatively its other growth drivers (Eg. new revenue contributions from its sydrogen)