Quote:
Originally Posted by capt_nemo A noodle company  Weeeeeeeeee whatever makes a buck man!!! |
The Chinese noodle industry is set to double by 2012 according to this story out today.....
China's noodle makers vie for share of $13 billion market - Yahoo! News
In 2006, New Dragon claimed itself to be the 4th largest instant noodle manufacturer in China. How does this stock trade $.30 below book value?? It can't stay this low forever.