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30 people like this.
lkcs0202 :

Remind me of swiber. After things happened then take action. Sad.

SGX reprimands Swiber Holdings for breach of listing rules

KallangVictimWoof :

Calling muddy water to join in to deal the KO blow

hk1super :

bedok reservoir later or.kallang river will have lots of CDP statement with counter noble

kaikiatong :

Well written Iceberg article on Noble. Very direct and clear. How did Noble raise $500m in 2016 and $750m in 2017 when their deception was uncovered in 2015. Big question! Didn't see this side of the story in the main stream papers.

pohjunjie :

Sounds similar to the Nokia story.

KusaKanmuri :

Anyway, Noble got a base now at $0.365, her price cannot go below this level anytime soon.

KusaKanmuri :

Reply to @kaikiatong : Can't go below 0.36 any time soon. Big shot masterminds behind it, SGX cannot identify them. In the name of White-Knight they are hanging carrot every now and then.
Eventually after some time, her share value must have to be a big big ZERO, by this time few small fish will be found floating in Kallang River.

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fasthandy :

Iceberg's accusation of MAS and SGX is dumb because they probably never heard of this famous song called "He Ain't Heavy, He's My Brother" in Malay aka "Abang Adek"

Hongyiyi :

Reply to @fasthandy : Short SGX then and see heavy or not .. haha

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Long :

Don't jump just run

patricklam :

Is funny how the last report impact compare to the today report. I have yet to see any critical shorting. By closing we can see a closer picture, if noble really has a hidden white knight.

KusaKanmuri :

Compare to Golden Agri Reasources, which shares prices now $0.38, Noble share prices should be not more than a single cents.

KusaKanmuri :

Reply to @bgting : $500m market cap, US$3.2 Billion debt and US$1.93 Billion Loss, and people still buying/queing at $0.38???
Actually Gamblers are playing, not the investors, not the traders.

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$Noble Group(CGP.SI) believe sale will go thru...looking at above 50....dyodd

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$Noble Group(CGP.SI)
Halted pending announcement of major transaction

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To hold or not to hold , that is the question.

Investing / trading is a gamble , like it or not, unless you have insider info.

Retailers are always at the mercy of unannounced news .

For example,

If you hold $Noble Group(CGP.SI) pre-consolidation

You will be sitting on a 70% loss

If you hold $ComfortDelGro(C52.SI) at its peak, a 10% loss

Investment is an art. Cutting loss is castration but keeping your life.....

I personally vested in 3 losing stock this year.

1. Loyz energy - bought at 0.021 cut loss at 0.016
2. Golden energy - bought at 0.56 cut loss at 0.48
3. Keppel - bought at 7 cut loss at 6.5

Yes investment is to hold long term, but when the dip comes , would you wanna accept your misjudgement or holding on in hope of a revival?

Biggest lost of all - blumont bought at yr 2013 timing 1.5 sell at 0.1 , 0.05, 0.001...

Well time for meow gibson to go look for table scrape again.

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