| Stock (Symbol) | Stock Price | |
Hoah Holdings (NOAH) |
$20 |
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| Data is as of | Expected to Report | Sector |
December 6, 2013 |
Feb 21 – Feb 25 |
Financial |
| Sharek’s Take | ||
| Noah Holdings (NOAH) seems to be falling off the radar of institutional investors. Last qtr I had 2 qtrs of earnings estimates to look at, now I’m down to only 1. Next quarter I could be driving blind with no estimates to count on. Noah is a Chinese brokerage firm that specializes in high net worth clients, and gets its revenue from a combination of stock & bond trades and recurring fee-based asset management. Another thing is annual profit estimates didn’t move this quarter. Estimates had been jumping, now there’s no movement. None. I bought NOAH at $16 and now it’s around $20. I’m selling around 1/3rd of my shares to take profits. | ||
| One-Year Chart | ||
 This one-year chart looks great. The stock’s only selling for 17 times earnings. I feel NOAH can go from $20 to 30 next year, but it could still be sitting at $20 also. These Chinese stocks have additional risks too. |
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| Earnings Table | ||
 Sales rose 61% last quarter and profits jumped 80%.Investors didn’t like the fact NOAH missed by a penny, it had been beating all year. This sparked a change in momentum.
Annual Profit Estimates stayed the same. 24% profit growth is expected next year, but this isn’t a dependable number. |
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| Fair Value | ||
 This stock was abnormally cheap last year. Now profits are expected to double and that’s got people’s attention. I feel there’s 45% upside in these shares next year, but am cautious about owning a lot of stock going into 2014. |
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| NoahTen-Year Chart | ||
 That’s a big dip the stock made, I don’t trust this chart pattern. We could see profit taking in early 2014. |
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| Power Ranking | Bottom Line | |
Growth Portfolio
15 of 25 |
Noah Holdings isn’t hot as it was a few months ago. Annual estimates didn’t increase this quarter, and I’m concerned I might be flying blind if I don’t have earnings estimates next quarter. I’ve sold around 1/3 of my NOAH position.NOAH ranks 15th of 25 stocks in the Growth Portfolio Power Rankings. It’s 11th of 11 stocks in the Aggressive Growth Portfolio Power Rankings. | |
Aggressive Growth Portfolio
11 of 11 |
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