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Knowledge is King

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Knowledge is King

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Friday, 01/25/2008 9:42:29 AM

Friday, January 25, 2008 9:42:29 AM

Post# of 173816
CNOA rebounding 48% from recent meltdown...

Q3 results for this Chinese organic rice company were dramatically improved-- revenues tripled to $22M and net income was up over 12x to $7M. According to this PR, the company is looking for 2007 EPS of $.29, giving this China Ag stock an attractive P/E of 5.
http://biz.yahoo.com/bw/071203/20071203005470.html?.v=1

When it comes to P/Es, 7 is the new 14...

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