GARP ( Growth At a Reasonable Price )
This applies to NOE.
Revenues UP 17% ( in RMB)
NPAT UP 50%
The new Nan'an facility delays not detrimental.
Cautious comments for the current 1/2 year.
Even with a FYNPAT of $10m , NOE will be trading at a PE of 8 .
Terrific value for a growth stock.
GARP ( Growth At a Reasonable Price )This applies to...
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