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Noah Education Holdings Ltd. Message Board

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  • lovedavidtsui lovedavidtsui Jan 23, 2008 1:13 AM Flag

    NED's P/E is about 1 because of the $3.7 CASH/share.

    Since its new DLDs have already entered the market this month, NED's 3nd and 4th qarter earnings ended on Mar 31 and Jun 30, 2008 are expected to be very strong, therefore, its annually growth rate will be much higher than the previously predicted 30%, and consequantly, its earnings of this year, I would say, should be around $1.50/share, not $0.98/share, and of course, NED's forward PE should be much lower then. But I believe NED's share price will not stay in single digit very long.