NWD (New Dragon Asia Corp) - Penny Stocks

007 · Mon, 03-19-2007, 01:31 PM

NWD (New Dragon Asia Corp)

NWD profile:
New Dragon Asia Corp. and its subsidiaries engage in the milling, sale, and distribution of flour and related products. It produces and markets a range of wheat flour for use in bread, dumplings, noodles, and confectionary products, as well as offers instant noodles and soybean-derived products to retail and wholesale customers in China. The company also provides a range of instant noodle products, such as packet noodles for home preparation, and snacks and cup noodles for outdoor. In addition, the company offers two types of soybean products, including soybean protein powder, and soybean powder supplied principally to food and beverage manufacturers. The company markets and sells its products through distributors, supermarkets, and food stores in China. It also exports its products to Korea, Australia, Malaysia, and Indonesia. New Dragon Asia Corp. was incorporated in 1999 and is headquartered in Shenzhen, China.

Some key statistics (per Yahoo Finance)
Market Cap (intraday): 79.70M
Book Value Per Share (mrq): 0.853
Shares Outstanding: 52.43M
Float: 16.75M
% Held by Insiders4: 64.49%
% Held by Institutions4: 1.00%
Shares Short (as of 12-Dec-06)3: 541.84K

Recent insider transactions:
19-Jan-07 LU HENG JING
Director 2,500,000 Direct Sale at $1.61 per share.

Some quick opinions:
NWD makes processed foods; noodles and soybean products. This looks like a good stock to have considering the recent world market woes. They recently reported strong 3Q results. 4Q/2006 results should be out by 3-30-07. In October, the company was still in agreement with its 2006 guidance of a record $60,000,000 in revenues. NWD has a strong balance sheet, and has increased production by acquiring undervalued assets in the last two years. NWD has high insider holdings. The chairman just dumped a load at $1.61 in January. I predict that eventually NWD will follow in the footsteps of AOB and JADE as the next exploding China stock; however, it may not be this year. Still, this is a long term stock. I've jumped in and out of this for a while. I had some at $1.70 before the crash (NWD was in a steady growth trend before the fatal Tuesday), but now I've added more at $1.49. I am not selling early on this one, I already missed the full potential of JADE and AOB. I'm not missing NWD.

ClosetDoors · Mon, 03-19-2007, 09:41 PM

WHATTTTTTTTTTTTTTTTTT

capt_nemo · Mon, 03-19-2007, 09:57 PM

NUTJOBS

007 · Tue, 03-20-2007, 12:20 AM

ok.....what was that about???

007 · Tue, 03-20-2007, 09:00 AM

Quote:

Originally Posted by capt_nemo

NUTJOBS

No kidding. What's with all the spam lately?

Dutchtrader · Tue, 03-20-2007, 03:42 PM

interesting 007 before 3-30 going to add some stocks

Canestsal · Tue, 03-20-2007, 04:02 PM

ik ook wel!

007 · Tue, 03-20-2007, 04:20 PM

Quote:

Originally Posted by Dutchtrader

interesting 007 before 3-30 going to add some stocks

Yes, I believe that the annual report needs to be released by March 30, but I'm not positive. They filed a 2005 annual report correction last fall, but their 10-K was on March 23 last year.

It needs to overcome some resistance at about $1.60, right now. But I'm looking down the road, so if it drops, I will only continue accumulating.

Dutchtrader · Wed, 03-21-2007, 11:11 AM

New Dragon Asia Corp. to Announce Results for Fiscal 2006 On March 23, 2007
Wednesday March 21, 9:30 am ET

SHENZHEN, China, March 21, 2007 (PRIME NEWSWIRE) -- New Dragon Asia Corp. (AMEX:NWD - News), one of China's leading producers of instant noodles, flour-related products and soybean powder, will announce its financial results for the fourth quarter and full fiscal year 2006 on Friday morning, March 23, 2007.
Following the announcement, Mr. Peter Mak, Chief Financial Officer will host a conference call on March 23rd at 9:00 AM (New York) / 1:00 PM (London) / 9:00 PM (China) to review the results.

The conference call will also be available via webcast at: New Dragon Asia Corp, and will be archived on the Company's website for 90 days.

Dutchtrader · Wed, 03-21-2007, 11:40 AM

Quote:

Originally Posted by Canestsal

ik ook wel!

nicely spoken you have dutch connections?

Mon, 03-19-2007, 01:31 PM	#1 (permalink)
007 James Bond Join Date: Aug 2006 Posts: 83	NWD (New Dragon Asia Corp) NWD (New Dragon Asia Corp) NWD profile: New Dragon Asia Corp. and its subsidiaries engage in the milling, sale, and distribution of flour and related products. It produces and markets a range of wheat flour for use in bread, dumplings, noodles, and confectionary products, as well as offers instant noodles and soybean-derived products to retail and wholesale customers in China. The company also provides a range of instant noodle products, such as packet noodles for home preparation, and snacks and cup noodles for outdoor. In addition, the company offers two types of soybean products, including soybean protein powder, and soybean powder supplied principally to food and beverage manufacturers. The company markets and sells its products through distributors, supermarkets, and food stores in China. It also exports its products to Korea, Australia, Malaysia, and Indonesia. New Dragon Asia Corp. was incorporated in 1999 and is headquartered in Shenzhen, China. Some key statistics (per Yahoo Finance) Market Cap (intraday): 79.70M Book Value Per Share (mrq): 0.853 Shares Outstanding: 52.43M Float: 16.75M % Held by Insiders4: 64.49% % Held by Institutions4: 1.00% Shares Short (as of 12-Dec-06)3: 541.84K Recent insider transactions: 19-Jan-07 LU HENG JING Director 2,500,000 Direct Sale at $1.61 per share. Some quick opinions: NWD makes processed foods; noodles and soybean products. This looks like a good stock to have considering the recent world market woes. They recently reported strong 3Q results. 4Q/2006 results should be out by 3-30-07. In October, the company was still in agreement with its 2006 guidance of a record $60,000,000 in revenues. NWD has a strong balance sheet, and has increased production by acquiring undervalued assets in the last two years. NWD has high insider holdings. The chairman just dumped a load at $1.61 in January. I predict that eventually NWD will follow in the footsteps of AOB and JADE as the next exploding China stock; however, it may not be this year. Still, this is a long term stock. I've jumped in and out of this for a while. I had some at $1.70 before the crash (NWD was in a steady growth trend before the fatal Tuesday), but now I've added more at $1.49. I am not selling early on this one, I already missed the full potential of JADE and AOB. I'm not missing NWD. __________________ mission briefing ---> http://www.stockhideout.com/welcome-...007s-page.html Last edited by 007 : Tue, 03-20-2007 at 01:10 AM.

Mon, 03-19-2007, 09:41 PM	#2 (permalink)
ClosetDoors Join Date: Mar 2007 Posts: 1	sliding closet doors WHATTTTTTTTTTTTTTTTTT Last edited by capt_nemo : Mon, 03-19-2007 at 09:55 PM. Reason: haaaaaaaaaaaaaaaaaa

Mon, 03-19-2007, 09:57 PM	#3 (permalink)
capt_nemo Realist,/Moderator!!! Join Date: Dec 2005 Location: My feet!!! Posts: 2,836	We are being invaded by,,,,,,,,,,,,,,,,,,,,,, NUTJOBS __________________ All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. Joseph Conrad, Use your own mind on what to buy and sell!!

Tue, 03-20-2007, 12:20 AM	#4 (permalink)
007 James Bond Join Date: Aug 2006 Posts: 83	ok.....what was that about??? __________________ mission briefing ---> http://www.stockhideout.com/welcome-...007s-page.html

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Tue, 03-20-2007, 03:42 PM	#6 (permalink)
Dutchtrader Join Date: Jan 2006 Posts: 5	interesting 007 before 3-30 going to add some stocks

Tue, 03-20-2007, 04:02 PM	#7 (permalink)
Canestsal Super Member Join Date: Jul 2006 Location: Wine Country Posts: 439	ik ook wel!

Wed, 03-21-2007, 11:11 AM	#9 (permalink)
Dutchtrader Join Date: Jan 2006 Posts: 5	New Dragon Asia Corp. to Announce Results for Fiscal 2006 On March 23, 2007 Wednesday March 21, 9:30 am ET SHENZHEN, China, March 21, 2007 (PRIME NEWSWIRE) -- New Dragon Asia Corp. (AMEX:NWD - News), one of China's leading producers of instant noodles, flour-related products and soybean powder, will announce its financial results for the fourth quarter and full fiscal year 2006 on Friday morning, March 23, 2007. Following the announcement, Mr. Peter Mak, Chief Financial Officer will host a conference call on March 23rd at 9:00 AM (New York) / 1:00 PM (London) / 9:00 PM (China) to review the results. The conference call will also be available via webcast at: New Dragon Asia Corp, and will be archived on the Company's website for 90 days.