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: 1st.mate who wrote (118)	3/27/1999 4:16:00 PM
From: Ciao	of 248

Matey, I would be interested in the progress of key issues if you could follow up; 1) control of Northern Breweries: this has been going on for over 2 years 2) enforcement of arbitration award against LEI Looking at NMO's stock chart, I noticed after slow Jan/Feb volume picked up in March (due to 2 news releases, anticipation of year end results?) and stock has then consolidated with some support at $2.70. I received a hardcopy of NMO's 1997 AR and 9 month results and see that even without the Northern Breweries, the stock should be trading for at least a conservative PE of 10 and cannot understand why people were selling at $2! They are probably going to be the ones buying back at $6!

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