stocktrademan
10年前
$NOAH recent news/filings
bullish
## source: finance.yahoo.com
Tue, 21 Apr 2015 14:35:00 GMT ~ Stocks Slip Into Mixed Trade; DuPont, Harley-Davidson Dive
read full: http://news.investors.com/042115-748796-stocks-open-mixed-in-rising-trade.htm?ven=yahoocp&src=aurlled&ven=yahoo
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Fri, 17 Apr 2015 15:13:36 GMT ~ Alibaba Group Holding Ltd (BABA) Can’t Stop Fang Zheng’s Keywise Capital From Dominating the S&P 500
read full: http://www.insidermonkey.com/blog/alibaba-group-holding-ltd-baba-cant-stop-fang-zhens-keywise-capital-from-dominating-the-sp-500-343218/
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Tue, 14 Apr 2015 15:55:00 GMT ~ Stocks Pare Losses As Energy Sector Leads
read full: http://news.investors.com/041415-747718-stocks-pare-losses.htm?ven=yahoocp&src=aurlled&ven=yahoo
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Tue, 14 Apr 2015 14:25:00 GMT ~ Stocks Give Up Early Gains; JPMorgan Breaks Out
read full: http://news.investors.com/041415-747707-stock-market-today-turning-tail.htm?ven=yahoocp&src=aurlled&ven=yahoo
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Mon, 13 Apr 2015 19:05:00 GMT ~ Stocks Reverse Strong Start; Netflix, Facebook Up Nicely
read full: http://news.investors.com/041315-747548-stocks-reverse-early-gains.htm?ven=yahoocp&src=aurlled&ven=yahoo
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$NOAH charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$NOAH company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/NOAH/company-info
Ticker: $NOAH
OTC Market Place: Not Available
CIK code: not found
Company name: Noah Holdings Ltd.
Incorporated In:
Business Description:
$NOAH share structure
## source: otcmarkets.com
Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$NOAH extra dd links
Company name: Noah Holdings Ltd.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=NOAH+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=NOAH+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=NOAH+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/news - http://finance.yahoo.com/q/h?s=NOAH+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/NOAH/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=NOAH+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/NOAH
DTCC (dtcc.com): http://search2.dtcc.com/?q=Noah+Holdings+Ltd.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Noah+Holdings+Ltd.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Noah+Holdings+Ltd.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/NOAH
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=NOAH&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=NOAH
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=NOAH+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=NOAH+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=NOAH
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=NOAH
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=NOAH+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/NOAH/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=NOAH+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/NOAH.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=NOAH
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/NOAH
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/NOAH
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/NOAH:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=NOAH
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=NOAH
$NOAH DD Notes ~ http://www.ddnotesmaker.com/NOAH
stocktrademan
10年前
$NOAH DD Notes ~ http://www.ddnotesmaker.com/NOAH
bullish
good volume
$NOAH recent news/filings
## source: finance.yahoo.com
Wed, 12 Nov 2014 21:17:47 GMT ~ CFO Moves: Hanmi Financial, Noah Holdings, Escalade
read full: http://blogs.wsj.com/cfo/2014/11/12/cfo-moves-hanmi-financial-noah-holdings-escalade/?mod=yahoo_hs
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Tue, 11 Nov 2014 22:11:33 GMT ~ Noah Holdings Limited Announces Unaudited Financial Results for the Third Quarter of 2014 and Appoints New Chief Financial Officer
[at noodls] - Nov 11, 2014 SHANGHAI , Nov. 11, 2014 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth management service provider focusing on distributing ...
read full: http://www.noodls.com/view/EEB36BBF998B5A602FA8A726606E68FC5CFF997A
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Tue, 11 Nov 2014 22:00:00 GMT ~ Noah Holdings Limited Announces Unaudited Financial Results for the Third Quarter of 2014 and Appoints New Chief Financial Officer
[PR Newswire] - SHANGHAI, Nov. 11, 2014 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth management service provider focusing on distributing wealth management ...
read full: http://finance.yahoo.com/news/noah-holdings-limited-announces-unaudited-220000045.html
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Tue, 11 Nov 2014 12:07:03 GMT ~ Q3 2014 Noah Holdings Ltd Earnings Release - After Market Close
read full: http://biz.yahoo.com/research/earncal/20141111.html?t=noah
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Wed, 29 Oct 2014 12:19:50 GMT ~ Noah Holdings Limited Schedules Third Quarter 2014 Earnings Release for Tuesday, November 11, 2014
[at noodls] - Earnings Conference Call to be held on Tuesday, November 11, 2014 at 8:00 pm (Eastern) / 5:00 pm (Pacific) / November 12 at 9:00 am (Hong Kong) Oct 29, 2014 SHANGHAI , Oct. 29, 2014 /PRNewswire/ -- Noah ...
read full: http://www.noodls.com/view/3592EA88D3E91A2206742BC6107C3AC25458B6A2
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$NOAH charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$NOAH company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/NOAH/company-info
Ticker: $NOAH
OTC Market Place: Not Available
CIK code: not found
Company name: Noah Holdings Ltd.
Incorporated In:
Business Description:
$NOAH share structure
## source: otcmarkets.com
Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$NOAH extra dd links
Company name: Noah Holdings Ltd.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=NOAH+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=NOAH+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=NOAH+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/news - http://finance.yahoo.com/q/h?s=NOAH+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/NOAH/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=NOAH+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/NOAH
DTCC (dtcc.com): http://search2.dtcc.com/?q=Noah+Holdings+Ltd.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Noah+Holdings+Ltd.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Noah+Holdings+Ltd.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/NOAH
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=NOAH&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=NOAH
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=NOAH+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=NOAH+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=NOAH
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=NOAH
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=NOAH+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/NOAH/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=NOAH+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/NOAH.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=NOAH
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/NOAH/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/NOAH/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/NOAH
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/NOAH
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/NOAH:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=NOAH
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=NOAH
$NOAH DD Notes ~ http://www.ddnotesmaker.com/NOAH
KinGSolomonsPOOLs
14年前
Noah Holdings Limited Schedules Third Quarter 2010 Earnings Release on Wednesday, December 15, 2010
Earnings Conference Call to be held on December 16, 2010 at 8:00 am (Eastern) / 5:00 am (Pacific) / 9:00 pm (Hong Kong)
SHANGHAI, Nov 29, 2010 (BUSINESS WIRE) --
Noah Holdings Limited (NYSE: NOAH; the "Company"), the leading independent service provider focusing on distributing wealth management products to the high net worth population in China, today announced that it will release unaudited financial results for the third quarter 2010 after the US market close on Wednesday, December 15, 2010. The earnings release will be available on the investor relations section of its website at http://ir.noahwm.com.
Following the earnings announcement, the Company's senior management will host a conference call at 8:00 am (Eastern) / 5:00 am (Pacific) /9:00 pm (Hong Kong) on Thursday, December 16, 2010 to discuss the financial results and recent business activities. The conference call may be accessed by calling:
Toll Free Toll
* United States
+1-800-510-0219
+1-617-614-3451
* China
10-800-130-0399
* South China
China Telecom
10-800-120-2655/ 10-800-152-1490
* North China
China Netcom
10-800-852-1490/ 10-800-7122-655
* Hong Kong
800-96-3844
* United Kingdom
080-8234-7616
Participant Passcode
"NOAH"
A telephone replay will be available shortly after the call until December 23, 2010 at (US Toll Free) +1-888-286-8010 or (US Toll) +1-617-801-6888. Passcode: 22746453.
A live webcast of the conference call and replay will be available in the investor relations section of the Company's website.
About Noah Holdings Limited:
Noah Holdings Limited (NYSE: NOAH; the "Company"), the leading service provider focusing on distributing wealth management products to the high net worth population in China. Noah distributes over-the-counter wealth management products that are originated in China, including primarily fixed income products, private equity funds and securities investment funds. With over 300 relationship managers in 28 branch offices, total coverage network encompasses China's most economically developed regions where high net worth population is concentrated. Through this extensive coverage network, product sophistication and client knowledge, the Company consistently caters to the wealth management needs of China's high net worth population.
SOURCE: Noah Holdings Limited
IR
KinGSolomonsPOOLs
14年前
Citi Appointed Depositary for Noah Holdings Limited’s Sponsored ADR Program
Date : 11/19/2010 @ 9:00AM
Source : Business Wire
Stock : (NOAH)
Quote : 18.0 1.19 (7.08%) @ 4:32PM
Citi Appointed Depositary for Noah Holdings Limited’s Sponsored ADR Program
Noah Holdings Ltd. American Depositary Shares (NYSE:NOAH)
Intraday Stock Chart
Today : Friday 19 November 2010
Click Here for more Noah Holdings Ltd. American Depositary Shares Charts.
Citi today announced that its Global Transaction Services business, acting through Citibank N.A., has been appointed by Noah Holdings Limited (“Noah”), a Cayman Islands-registered China-based company, as the depositary bank for its NYSE-listed Level 3 American Depositary Receipt (ADR) program.
Noah's ADR program was established through a $115,920,000 offering, originally priced at $12.00 per ADR. The ADRs are listed on the NYSE under the symbol “NOAH”. Each ADR represents 1/2 ordinary shares; however, as a single-listed ADR program, the underlying ordinary shares are not listed or publicly traded in the issuer’s home market.
Jingbo Wang, Chairwoman of Noah Holdings Limited noted, “Noah’s successful listing on the NYSE is a big milestone and we are delighted to have Citi as our depositary bank.”
Dirk Jones, Global Head of Financial Institutions Client Sales Management, with Citi's Global Transaction Services said, “We are pleased to be appointed by Noah Holdings Limited to be the depositary bank for their ADR program. Through Citi’s investor relations expertise and global equity distribution network, we are confident that we can help Noah build a successful ADR program.”
For more information on Citi’s Depositary Receipt Services, visit www.citi.com/dr.
Global Transaction Services, a division of Citigroup’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the third quarter of 2010, it held on average $340 billion in liability balances and $12.4 trillion in assets under custody.
About Noah Holdings Limited
Noah Holdings Limited provides investment advisory and wealth management services. Noah offers financial planning consultancy services for Chinese high-net-worth clients. Its products include product development process, product access and selection, risk control management and compliance management. Its services include third party financial management, production duration management service and financial products design services. The company was founded in 2005 and is located in Shanghai, China. Additional information may be found at: http://www.noahwm.com/index_en.shtml
About Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 160 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.
KinGSolomonsPOOLs
14年前
Shalom sonny, well IMHO I think it's only the beginning for NOAH, most of the high net-worth individuals and families in China have historically made their own decisions pertaining to managing their wealth. But in this present dispensation and era of time I think the younger wealthy X/Y generation of China would probably end up going the smarter route to having the more experienced wealth management of NOAH assist in handling their assets.
International Leaders
Wealth Management Is Chinese IPO's Niche
By DONALD H. GOLD, INVESTOR'S BUSINESS DAILY Posted 11/10/2010 06:16 PM ET
http://www.investors.com/StockResearch/Quotes/Nyse-Noah-Holdings-Ltd-Ads-NOAH.aspx
China's economic miracle proves fertile ground for the growth of millionaires. Wealth is growing at almost all levels of that country's economic ladder. But, like everywhere else, the wealthiest need to pay special attention to their portfolios.
Noah Holdings (NOAH) — which went public on the NYSE Wednesday — caters to China's growing population of millionaires with wealth-management products. Its menu includes fixed-income, private equity and securities investment products, all targeting high-net-worth individuals.
In its SEC filing, Noah says it's "the leading independent service provider focusing on distributing wealth management products to the high net worth population in China."
"We believe," it continues, "that we have established our brand among China's high net worth population as a symbol of independent, personalized and value-added wealth management services and sophisticated product choices."
Noah Holdings traded 9.3 million shares on its first day. On Tuesday, the company sold 8.4 million American depositary shares for 12 each, better than its estimated range of 9 to 11.
Noah closed Wednesday at 15.99, 33% above its issuing price.
Noah's revenue, just $3.2 million in 2007, leapt to $8.4 million in 2008 and $15 million in 2009. Through the first half of 2010, Noah had logged sales of $13.7 million.
The company earned 7 cents a share last year, compared with a 1-cent loss in 2008. Quarterly profit is still measured in a few pennies per share.
Noah's pretax margin last year came in at 29%.
So what's so special about a wealth-management firm? Is there anything new here?
Yes. As we've seen in a myriad of other stocks from a vast array of industries, China itself is what makes this stock a potential winner.
Everything in China is new, it seems. A slew of superstars from a wide array of Chinese industries have emerged, including wireless providers, carmakers, jewelers, coal miners, travel-reservation Web sites, a maker of corn alcohol and, of course, a wildly successful search engine.
Can Noah make a real landing among China's financial industry? Its profit record so far is scanty, and some key data, such as per-share cash flow, are not yet available. But sales growth suggests the company has a future.
Elsewhere, Chinese solar-power issue Trina Solar (TSL) fell 3% in average volume. The stock had been a market star until mid-October.
Trina, now threading around its 10-week moving average, is five weeks into the construction of what may prove to be a new base.
KinGSolomonsPOOLs
14年前
Wealth Management Is Chinese IPO's Niche
By DONALD H. GOLD, INVESTOR'S BUSINESS DAILY Posted 11/10/2010 07:01 PM ET
China's economic miracle proves fertile ground for the growth of millionaires. Wealth is growing at almost all levels of that country's economic ladder. But, like everywhere else, the wealthiest need to pay special attention to their portfolios.
Noah Holdings (NOAH) — which went public on the NYSE Wednesday — caters to China's growing population of millionaires with wealth-management products. Its menu includes fixed-income, private equity and securities investment products, all targeting high-net-worth individuals.
In its SEC filing, Noah says it's "the leading independent service provider focusing on distributing wealth management products to the high net worth population in China."
View Enlarged Image
"We believe," it continues, "that we have established our brand among China's high net worth population as a symbol of independent, personalized and value-added wealth management services and sophisticated product choices."
Noah Holdings traded 9.3 million shares on its first day. On Tuesday, the company sold 8.4 million American depositary shares for 12 each, better than its estimated range of 9 to 11.
Noah closed Wednesday at 15.99, 33% above its issuing price.
Noah's revenue, just $3.2 million in 2007, leapt to $8.4 million in 2008 and $15 million in 2009. Through the first half of 2010, Noah had logged sales of $13.7 million.
The company earned 7 cents a share last year, compared with a 1-cent loss in 2008. Quarterly profit is still measured in a few pennies per share.
Noah's pretax margin last year came in at 29%.
So what's so special about a wealth-management firm? Is there anything new here?
Yes. As we've seen in a myriad of other stocks from a vast array of industries, China itself is what makes this stock a potential winner.
Everything in China is new, it seems. A slew of superstars from a wide array of Chinese industries have emerged, including wireless providers, carmakers, jewelers, coal miners, travel-reservation Web sites, a maker of corn alcohol and, of course, a wildly successful search engine.
Can Noah make a real landing among China's financial industry? Its profit record so far is scanty, and some key data, such as per-share cash flow, are not yet available. But sales growth suggests the company has a future.
Elsewhere, Chinese solar-power issue Trina Solar (TSL) fell 3% in average volume. The stock had been a market star until mid-October.
Trina, now threading around its 10-week moving average, is five weeks into the construction of what may prove to be a new base.
KinGSolomonsPOOLs
14年前
Noah Holdings (NOAH) IPO Jumps Higher
November 10, 2010 9:50 AM EST
The IPO for Noah Holdings Limited (NYSE: NOAH) is open for trading. Shares are trading at $14.95 after pricing 8.4 million ADSs at $12, above the expected $9-$11 range.
The offering is being made through J.P. Morgan, BofA/Merrill Lynch, Oppenheimer & Co., and Roth Capital Partners.
Noah Holdings is a service provider focusing on distributing wealth management products to the high net worth population in China.
KinGSolomonsPOOLs
14年前
Noah Holdings (NOAH) IPO Price at $12, Above Expected Range
November 10, 2010 9:32 AM EST
Noah Holdings Limited (NYSE: NOAH) priced its initial public offering of 8.4 million ADSs at $12, above the expected $9-$11 range. Shares will open later today on the NYSE.
The offering is being made through J.P. Morgan, BofA/Merrill Lynch, Oppenheimer & Co., and Roth Capital Partners.
Noah Holdings is a service provider focusing on distributing wealth management products to the high net worth population in China.
KinGSolomonsPOOLs
14年前
Noah Holdings Limited Announces Pricing of Initial Public Offering of Its American Depositary Shares
Business Wire News Releases
Noah Holdings Limited (“Noah” or the “Company”) (NOAH), the leading independent service provider focusing on distributing wealth management products to the high net worth population in China, announced today that its initial public offering of 8,400,000 American Depositary Shares (“ADSs”), two ADSs representing one ordinary shares, was priced at an initial offering price of US$12.00 per ADS. The net proceeds from the sale of the ADSs are approximately US$91.2 million. The ADSs are expected to begin trading on November 10, 2010 on The New York Stock Exchange under the symbol "NOAH."
Noah Holdings Limited has granted the underwriters a 30-day option to purchase up to an additional 1,260,000 ADSs to cover over-allotments.
The Company intends to use the net proceeds from this offering as follows:
* $15.0 million to set up new branch offices and expand coverage network, including hiring additional relationship managers;
* $15.0 million to upgrade IT infrastructure;
* $15.0 million for capital contributions to funds of funds formed by the Company;
* the remaining amount for general corporate purposes.
J.P. Morgan and Bank of America Merrill Lynch are acting as the joint bookrunners for this offering.
The Company’s registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering of the securities is made only by means of a written prospectus forming a part of the effective registration statement. A copy of the prospectus related to this offering may be obtained by sending your request to J.P. Morgan Securities LLC at 383 Madison Avenue, New York, New York 10179 or Merrill Lynch, Pierce, Fenner & Smith Incorporated at One Bryant Park, New York, New York 10036.
About Noah Holdings Limited
Noah Holdings Limited is the leading service provider focusing on distributing wealth management products to the high net worth population in China. Noah distributes over-the-counter wealth management products that are originated in China, including primarily fixed income products, private equity funds and securities investment funds. With over 300 relationship managers in 28 branch offices, total coverage network encompasses China’s most economically developed regions where high net worth population is concentrated. Through this extensive coverage network, product sophistication and client knowledge, the Company consistently cater to the wealth management needs of China’s high net worth population.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Further information regarding these and other risks is included in Noah Holdings Limited’s filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1, as amended from time to time. Noah Holdings Limited does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
Contacts:
Noah Holdings Limited
Investor Relations
+86 21 3860 2388
or
Investor Relations (HK):
Taylor Rafferty
Savoy Lee, +852 3196 3712
Director
or
Investor Relations (US):
Taylor Rafferty
Delia Cannan, 212-889-4350
Director
Press Releases: NOAH
Wed, Nov 10, 2010
KinGSolomonsPOOLs
14年前
Noah Holdings IPO raises 20 pct more - underwriter
NEW YORK | Tue Nov 9, 2010 5:56pm EST
NEW YORK Nov 9 (Reuters) - Noah Holdings Ltd, an independent seller of wealth management products in China, raised 20 percent more in proceeds than expected in its initial public offering on Tuesday, according to an underwriter.
The company sold 8.4 million American Depositary Shares for $12 each, raising about $100.8 million. It had planned to sell the shares for $9 to $11 each. (Reporting by Clare Baldwin; Editing by Richard Chang)