mojotronic

China Organic Agriculture Buys Vineyard: Business or Pleasure?

Demand in China for foreign wines, including those produced in California, is growing rapidly. In 2007, the import of wine into China totaled approximately 54 million bottles, representing a 125% growth from 2006, according to the latest report of the International Wine and Spirit Competition. The market share of imported wines in China increased from 6.6% in 2006 to 10% in 2007, while industry analysts project that share will reach 18% in 2008. Total wine consumption in China is expected to increase 65% from 2001 to 2010, a growth rate 6.5 times faster than the global average.

CNOA has grown their rice profits exponentially for the last three years and should have no problem increasing their profits in the fast growing wine business. I like that they're aggressively expanding their business portfolio, and seriously suspect the author of this article is short on CNOA and unable to buy back in at the moment.

China Organic Agriculture Buys Vineyard: Business or Pleasure?

CEDC is one of the most successful stocks available. Their business is distributing liquor in Eastern Europe. Take a look at their charts for the past few years. I'm not saying CNOA will have the same sort of dynamic success because I haven't researched their competition, but if they do, this move could be the best they ever made. If you're already in CNOA, no sense bailing now. If not and you're a gambler, the stock is at a low for the year.

China's Agriculture Sector Is Ripe for Investment

CNOA now trading at 4x its EPS. It just signed a multi-million dollar sales contract. Its ratios are high, and has no debt. It's insane that this stock is so low for a company so solid and profitable.

China's Agriculture Sector Is Ripe for Investment

CNOA's CEO just announced a major buyback. Jump in if you can, it's already going up, still a little under the radar. Great company.

Impact of Bad Weather May Spread to China Organic Agriculture

Considering that CNOA deals in rice, I find it highly doubtful that this storm will affect them in any substantive way. It seems far more likely to affect pork dealers and other more perishable goods. Overall it seemed like a silly article, with the author at least admitting he was relying on half-baked speculation to propose a theoretical impact.