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Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock -- Ignore unavailable to you. Want to Upgrade?


To: Lee Matheson who wrote (242)5/11/2000 12:08:00 PM
From: Crane  Read Replies (1) | Respond to of 248
 
Hello Lee,
I'd be the last person to suggest that anyone look at Noble China without skepticism. However, there are some things that you don't need to worry about. The dividends from the brewery have always been paid in instalments over the course of the year. The next quarter should give an indication of how much of the sales decline was due to the change in distribution. I'm hoping that sales will be in line with last years numbers.... actually I'm hoping that someone offers $5-$6 before the Q2 numbers are out.....

Good Luck,
Crane




To: Lee Matheson who wrote (242)5/11/2000 2:09:00 PM
From: Mario Gallant  Respond to of 248
 
I enjoyed reading your last post Lee because it pretty well sums up the way I feel.
The comment about the 4 breweries producing the beer, I think refers to the 3 that Noble used to own a portion of, and the 4th would be the one ( can't remember what its called) that the former CEO made a deal with. They are allowed to produce a certain amount which, if I remember correctly, they were close to maximum production a year or 2 ago.

Mario.