NOE novarise renewable resources international limited

GARP ( Growth At a Reasonable Price )This applies to...

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    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.
 
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