Shares & Derivatives
[Paywall] Nanofilm share price (SGX: MZH) in horror meltdown
By SG Wealth Builder  •  January 25, 2022
What a devastating meltdown. From a high of $6.30 in July 2021, Nanofilm share price (SGX: MZH) plunged more than 50% to reach the current low of $3.05. The capitulation of Nanofilm share price caught the attention of the investment community. Should Nanofilm investors run for their lives? A Lifetime Member has written in to seek my views on this counter. Henceforth, I will share my insights on the two potential factors that could have knocked the wind out of Nanofilm share price. At the rate of correction, Nanofilm share price may reach the IPO price of $2.59. This is especially so if the upcoming full-year failed to meet investors’ expectations. When Nanofilm got listed on 30 October 2020, there was much hype among Singapore investment community due to the dearth of billion-dollar technology firm listings in SGX in recent years. Indeed, Nanofilm share price made a strong start with an opening price of $2.77 and...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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