A Hidden Value in the Tech Innovation Sector Poised for rapid growth NNDM has remarkable new technology Good day everyone, Today we are initiating coverage on Nano Dimension Ltd. (NASDAQ: NNDM), a company that operates as an additive electronics provider. The company offers DragonFly Pro and DragonFly LDM precision systems for additive manufacturing of printed electronics. It also develops conductive and dielectric ink. Statistics: Current price $3.00 per share 52-week range $2.15 to $21.30 Outstanding shares (est.) 4.11 million Float (est.) 2.59 million shares Book value $5.65 per share NNDM has scheduled their Q3 earnings release for November 13, 2019 but the company has released some preliminary financial data. On October 30th, the company released unaudited estimates of financial results for the third quarter of 2019 and reported record quarterly revenues of approximately $2,200,000 for the third quarter of 2019, which represents 32% growth year-over-year. Additionally, Nano Dimension introduced 3D printed capacitors embedded in additively manufactured printed circuit boards (PCBs), saving space and eliminating the need for assembly. The company ended the third quarter of 2019 with approximately $5.5 million in cash on its balance sheet. Sales have improved as the company sells more of its DragonFly LDM systems (just rolled out in July). The Lights-Out Digital Manufacturing (LDM) is a manufacturing methodology in which systems run with little to no human intervention, around the clock. In the case of additive manufacturing, LDM means DragonFly users can 3D-print more functioning electronic circuitry faster. NNDM recently announced that it has signed a multi-year Memorandum of Understanding (MoU) with Chungbuk Technopark in South Korea. The partnership has already resulted in novel applications for the electronics sector, including a fully functional 3D printed IoT communication device that can shorten development times for IoT devices by up to 90%, compared to traditional devices. The extra space afforded through embedding capacitors and side mounting allows design engineers to pack more functionality on the circuit board which is particularly relevant for IoT and Industry 4.0 NNDM sells its manufacturing technology along with upgrades and support. We don’t normally go into a company’s technology to this extent, but NNDM is on the leading edge of tomorrow’s technological advances such as 5G and IoT and industry 4.0. The DragonFly system(s) 3-D prints circuitry, 24 hours a day, virtually without human intervention. That’s amazing. As you do your due diligence, also consider: NNDM shares are trading at 86% below their 52-week high. The price/sales ratio is 1.98X. That ratio could drop significantly when the Q3 revenues are officially released in a couple days. NNDM has a tiny float (2.96M shares) and a book value significantly over the share price. 2 Wall Street analysts have issued ratings and price targets for NANO DIMENSION/S in the last 12 months. Their average twelve-month price target is $4.75, suggesting that the stock has a possible upside of 60.47%. When we couple the recent revenue growth, the favorable share structure and the other value metrics at NNDM, we believe we may have discovered a rare investment opportunity. As the chart below indicates, NNDM shares are trading below their 50 DMA and 200 DMA of $3.42 and $5.41 respectively. The current RSI (14) is 40.97. These data indicate shares that may be oversold. The Traders News Group |
Privacy Policy and Disclaimer Your Consent By using our site, you consent to our online privacy policy and disclaimer. Do we disclose any information to outside parties? We hate spam and we do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. What information do we collect? We collect information from you when you subscribe to our newsletter or fill out a form. This includes your email address only. When registering on our site, as appropriate, you may be asked to enter your: e-mail address What do we use your information for? When we collect your email it is used for one purpose to send you the free information you requested about small cap stocks. Please read our disclaimer carefully before viewing our emails. Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, other than for the express purpose of delivering the information on small cap stocks that you requested. We send periodic emails The email address you provide may be used to send you information, respond to inquiries, and/or other requests or questions. How do we protect your information? We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, your email address. We use a secure third party to send email to you. Because we value your privacy we have taken the necessary precautions to be in compliance with the California Online Privacy Protection Act. We therefore will not distribute your personal information to outside parties without your consent. Online Privacy Policy Only This online privacy policy applies only to information collected through our website and not to information collected offline. Contacting Us If there are any questions regarding this privacy policy or disclaimer you may contact us using the information below. Editor@TradersNewsSource.com Traders News Source is a wholly owned subsidiary of Traders News Source LLC, herein referred to as TNS LLC. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use. PLEASE NOTE WELL: TNS LLC and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever. Release of Liability: Through use of this website viewing or using you agree to hold TNS LLC, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. TNS LLC encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and TNS LLC makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead TNS LLC strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. TNS LLC is compliant with the Can Spam Act of 2003. TNS LLC does not offer such advice or analysis, and TNS LLC further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor�s investment may be lost or impaired due to the speculative nature of the companies profiled. The Private Securities Litigation Reform Act of 1995 provides investors a �safe harbor� in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be �forward looking statements�. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as �projects�, �foresee�, �expects�, �will�, �anticipates�, �estimates�, �believes�, �understands�, or that by statements indicating certain actions & quote; �may�, �could�, or �might� occur. Understand there is no guarantee past performance will be indicative of future results. In preparing this publication, TNS LLC has relied upon information supplied by its customers, publicly available information and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. TNS LLC has not been compensated for the mention of NNDM and we do not hold any form of equity in NNDM. The advertisements in this website are believed to be reliable, however, TNS LLC and its owners, affiliates, subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. TNS LLC is not responsible for any claims made by the companies advertised herein, nor is TNS LLC responsible for any other promotional firm, its program or its structure. TNS LLC is not affiliated with any exchange, electronic quotation system, the Securities Exchange Commission or FINRA. TNS LLC is not a Broker/Dealer and does not engage in high frequency trading. |