SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ciao who wrote (43)1/10/1999 2:14:00 PM
From: Mario Gallant  Read Replies (1) of 248
 
I don't know of any analyst following this stock right now. I don't think we can blame the problems in that part of the world on the poor performance of this stock. The sales are flat and have been flat long before the troubles in that region started. I think for a company's stock to grow they need to show us that they are doing the right things. Only my opinion, but the company itself when announcing the arbitration award had already excepted the fact that the 90mil would probably never be collected. The result of the cancellation of the 5.? million share was great and it increased the book value and EPS etc, but now on flat sales how are they going to grow the EPS??? One can hope that they regain control of the two northern breweries which of course would do both increase sales and EPS. With that news the share price would increase dramatically and the future would be bright. Now the company is keeping their shareholders in the dark about the negotiations etc and shareholders are tired of holding and therefore selling. This is of course only my opinion and I'm going to keep holding since I can't see the price going down much from here and I think the upside potential is worth holding.
Mario.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News