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

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

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To: Ed Pakstas who wrote (110)	3/16/1999 3:35:00 PM
From: mick	Read Replies (1) of 248

Yep, that could help, though its hard to say what they consider good value. Lets say the stock runs up to $ 12 (in which case, you wouldn't hear me wine). They probably wouldn't buy back any. Its good that they see the stock as being under valued. Why doesn't the market? The way I look at it, the valued the shares at $ 3.5 prior to 5 M shares being removed after the arbitration. Using simple math, the market now should have valued the shares at $ 5. Instead, as the news gets better, they let it drop to $ 1.7. Ok, I need some quick money next week and having this stock run up to $ 5 would really help. Just annoys me to see First Marathon dumping. Almost looks like a mutual fund cashing out. I can't believe I am complaining about a stock that has given me a 20 % return this week. Guess I am getting greedy after all the losses last year. Cheers

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