Nanosonics (ASX:ASX) FY 2019 Full Year Results Analysis

The latest episode of the Three Wise Monkeys Podcast is out now. The pint-size chimps cover MNF Group (ASX:MNF), Pro Medicus (ASX:PME), Appen (ASX:APX),  Nanosonics (ASX:NAN), A2 Milk (ASX:A2M) and Webjet (ASX:WEB) in an action packed earnings season episode.

Nanosonics (ASX:NAN) Grows Profit: 1H 2019 Half Year Results

With brand new microphones we sound out Nanosonics Limited (ASX:NAN), and discuss our reservations -- but also what we like -- about Afterpay Touch Group Ltd (ASX:APT).

Disinfection specialist Nanosonics (ASX:NAN) has delivered an 11% drop in sales and a 60% decline in pre-tax profit for the full year ending June 30, 2018. That’s a big decline, but these headline numbers mask what’s really going on.

A major reason to study short-sellers is that a weak short thesis can create opportunities to buy underpriced equity.