NAN - Nanosonics Limited
- Thread starter mkhocha
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I think this looks like it could be a great stock but then again it is early days and it seems possible one of the larger manufactures could develop a device which could compete with it.
I purchased a parcel on the day the stock started trading which turned out to be a bad idea in hindsight. I recently sold out on a small loss, it appears when new positive buy recommendations come out the stock is driven up the 70c levels and then retracts to the 50/60c level after the hype dies down. I think mid 50c - low 60c seems to be a good level to get in at. I am in two minds if I should re-enter as AVX/PXS seem to be good quality stocks which could use some extra
I purchased a parcel on the day the stock started trading which turned out to be a bad idea in hindsight. I recently sold out on a small loss, it appears when new positive buy recommendations come out the stock is driven up the 70c levels and then retracts to the 50/60c level after the hype dies down. I think mid 50c - low 60c seems to be a good level to get in at. I am in two minds if I should re-enter as AVX/PXS seem to be good quality stocks which could use some extra
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Is anyone following this stock ?
Long time since last post. This Sydney based company has just made their first ever sales of their first ever product, the Trophon EPR. A unique disinfection product for probes used in hospitals/clinics. They have at least 3 more products in the pipeline which are at advanced development stages.
I've been following this company for around 5 months and despite that they are a very small cap (now transitioned from research to commercialization) and don't have a great deal of cash, they on the other hand don't have competition and have a global market opening up with a European distribution network already established with an office in Hamburg.
planet
Long time since last post. This Sydney based company has just made their first ever sales of their first ever product, the Trophon EPR. A unique disinfection product for probes used in hospitals/clinics. They have at least 3 more products in the pipeline which are at advanced development stages.
I've been following this company for around 5 months and despite that they are a very small cap (now transitioned from research to commercialization) and don't have a great deal of cash, they on the other hand don't have competition and have a global market opening up with a European distribution network already established with an office in Hamburg.
planet
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It's been even longer before the post before this....where is everyone?
NAN has changed alot since then... come on people?
NAN has changed alot since then... come on people?
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I thought it was about time to bring this thread back to life!!
Getting ever closer to its ATH of 99c.
Getting ever closer to its ATH of 99c.
Country Lad
Off into the sunset
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Yes, well one of those "shoulda" ones. I saw the break from 72 and shoulda bought it. Still don't know why I didn't.
Looks a bit different if you use closing prices.
Cheers
Country Lad
Looks a bit different if you use closing prices.
Cheers
Country Lad
Country Lad
Off into the sunset
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Don't you ever have an opinion of your own? The only posts you make are what stoxline (Stock Doctor) says.
Pray tell what is you association with stoxline/stock doctor???
Cheers
Country Lad
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I have somehow missed this spam. This URL has now been permanently added to the ASF banned words list.
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Updated P&F...
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I posted this one in my live thread.
It looks very good at the moment.
Big volume and breaking higher.
It looks very good at the moment.
Big volume and breaking higher.
Wysiwyg
Everyone wants money
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Well done piglet. Addition to the S&P/ASX 300 on 20 March 2015 and it does appear they have a niche market. The reading implies room to expand.
So_Cynical
The Contrarian Averager
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The fact that NAN was added to the ASX300 allowed me to buy it for my super fund a few months ago at $1.56
came good today up about 10% after releasing a solid quarterly report, quarter on quarter sales up 41% http://www.asx.com.au/asxpdf/20160129/pdf/434nc9b3bkxrbn.pdf
greggles
I'll be back!
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Anyone know what's up with Nanosonics? It's gone from $3.05 to $3.62 in the last four days and I can't see any recent announcement that could be the catalyst for such a strong move north.
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Potential breakout and if it does it's all blue sky
DYOR
DYOR
Cam019
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tinhat
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A bit late to the party I opened a position on NAN today buying at $5.01. I will be happy to average down if it continues to retrace.
I had this stock on my watch list during the second half of last year but took my eye off it and away it went this year.
It's trading at an eye-watering PE, even on forward earnings forecasts. The investment thesis is that the company capitalises on its first mover advantage and becomes the standard solution for ultrasonic sterilization globally and reaps the recurring revenue stream through sale of the consumables the technology uses.
I had this stock on my watch list during the second half of last year but took my eye off it and away it went this year.
It's trading at an eye-watering PE, even on forward earnings forecasts. The investment thesis is that the company capitalises on its first mover advantage and becomes the standard solution for ultrasonic sterilization globally and reaps the recurring revenue stream through sale of the consumables the technology uses.
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Was the last buy on my system based portfolio and already lost nearly 20pc
But in the system I trust
But in the system I trust
tinhat
Pocket Calculator Operator
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Was the last buy on my system based portfolio and already lost nearly 20pc
But in the system I trust
Hopefully you are still in the stock. A big jump-up (and gap-up) today based on better than anticipated results, opening at $5.90 and closing at $6.50. [edited, oops, I was looking at the weekly graph earlier].
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