This high growth Chinese company provides on-line and offline interactive, multimedia learning materials to Chinese students.
Noah Education is growing fast and well and it is dirt cheap:
Trailing P/E: 9.91, Forward P/E: 1.55 from yahoo finance. Those numbers tell us how much earnings are expected to grow and how cheap this growth stock is.
NED’s cash is amazing (Total Cash:150.08M) if compared to its market cap: 214.29M. The reason why we see those unbelievable numbers is the fact that the company went public in November 2007 at $20 just before World market’s collapse. Noah Education shares are now worth around $5.
All news I could find is excellent and on last Quarter Noah Education reported earnings above expectations.
Moreover, NED does not rely on exports to slowing US economy. All its sales are in China which still has GNP growing at 10% yearly rate.
By the way… I just found out on Wall Street Journal that Noah Education was up 19% premarket because it said net revenue rose 8.5% for the quarter, and gross margins increased.
BUY, SELL, KEEP 
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