Monday, November 06, 2006

Nooooooodles

I have been following this company for three years now and I seen it grow and grow. They have a very strong brand name in China for instant noodles but New Dragon Asia(NWD) is now changing the game. They are expanding into parts of China they have not tapped into, plus they are now distributing their products to Europe. This will help the top and bottom line significantly. Look for huge numbers over the next 6-9 months on results from the expansion of their business.
Current Price: $1.53
Price Target: $ 2.05

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