Noble China (NMO) on TSE. Chinese Brewery Stock Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ciao who wrote (181)	7/14/1999 11:49:00 AM
From: Mario Gallant	Read Replies (1) of 248

I agree that it is disappointing but this company has been undervalued for so long. I am very pleased with this management and how they set out to create shareholder value and have in my opinion delivered so far. We must be patient with this one and I am sure we will be rewarded for our patience down the road. The price has moved nicely in the last several months from the low two's to where we are now around $4.00. The book value, earnings etc should continue to grow while the number of shares outstanding decreases with the share buy back. That and all other activities going on(ie: new brand being introduced, etc.)will only help. The company now is very profitable with low ratios(P/E. P/C.F. etc) and all this on only 1 brewery reporting. The way I see it, this one can only get better. They must still be sitting on 15 million in cash or more. The next quarter release should be interesting. Regards, Mario.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next