NOE novarise renewable resources international limited
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ann report confirms 3xproduction =5xprice :)

  1. mjp2
    11,170 Posts.
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    11/04/11
    12:03
    Post #: 8245994
    annual report confirms new production facility to be completed this quarter for a tripling of capacity, full commercial prodn in july 2011. This babe is pretty lightly rated for current production so do the math

    110m Mkt cap; 15.2m NPAT; => PE 7.2
    then triple production

    put this on a reasonable PE at 3x production, theres your 5 bagger within a year

    plus their other growth and margin improvement plans

    giddyup

    NOE Price at posting: 27.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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