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

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To: fellowfool who wrote (2)5/12/1998 11:33:00 PM
From: Michael M. Cubrilo  Read Replies (1) of 248
 
I agree with your comments. Apparently, the CEO must pay $100M to the company by May 30 or else NMO can cancel over 5MM shares held by the ex-CEO. Either way, this one time gain will drastically boost the EPS of the company. If they can repair the damage done to their image and credibility with the other two breweries, I see no reason why the other two breweries should be any less profitable than the one brewery that NMO reports earnings on.

mike
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