HWZ Forums

Login Register FAQ Mark Forums Read

NEW *NOBLE GROUP* OFFICIAL THREAD (SGX: CGP)

Like Tree23Likes
Reply
 
LinkBack Thread Tools
Old 10-05-2017, 02:23 AM   #31
Great Supremacy Member
 
Mancunian2's Avatar
 
Join Date: Jan 2006
Posts: 62,815
http://repository.shareinvestor.com/...nal_filename/1

at the rate Noble is burning cash, how long more can they last?
__________________
“Singaporeans get the government they deserve, so I don’t want to hear any complaints.”
Mancunian2 is online now   Reply With Quote
Old 10-05-2017, 08:49 AM   #32
Member
 
Join Date: Mar 2009
Posts: 395
Think there will be a gap down in stock prices on Thursday. However, the price action downwards will probably be not too drastic as the stock has already crashed >50% from its high of $2.70 this year

Due to a combination of:
1) iceberg
2) share consolidation
3) now with losses

I think the share consolidation part did the most damage to the stock price already and this may lead to the losses being at least 50% factored into the stock price

That being said, the results warrant a closer look at its balance sheet & performance of its other divisions besides coal

We will probably test its historical low of S$1.12 soon but there should be strong support around there and below that for bargain hunters as Noble is already trading close to bankruptcy P/B valuations (0.3 PB)

Historical Low = $1.12
0.25 P/B = $1.03

Going forward, the only way is up once Noble finds its bottom
king2penn is offline   Reply With Quote
Old 10-05-2017, 09:11 AM   #33
Arch-Supremacy Member
 
Average's Avatar
 
Join Date: Apr 2012
Posts: 23,917
the worse the result the harder it falls, the better the deal for sinochem...

Sent from 好心人 using GAGT
Average is online now   Reply With Quote
Old 10-05-2017, 09:23 AM   #34
Supremacy Member
 
[M]aiev's Avatar
 
Join Date: Jan 2008
Posts: 9,931
what happened to yyhwin?

long time never see him promoting noble liao
__________________
There is a person who lacks of empathy and is right at ALL times. His name is Financial Market.
[M]aiev is offline   Reply With Quote
Old 10-05-2017, 04:01 PM   #35
Member
 
Join Date: Mar 2009
Posts: 395
Don't think theres anything fundamentally wrong with the company yet but they got to change the way they go about making trades on their coal

Glencore faced the same problem as well:
https://www.bloomberg.com/news/artic...-keep-rallying
king2penn is offline   Reply With Quote
Old 10-05-2017, 05:57 PM   #36
Supremacy Member
 
Join Date: Jun 2002
Posts: 9,118
Don't think theres anything fundamentally wrong with the company yet but they got to change the way they go about making trades on their coal
Please declare how much are you vested and what price?

Usually people with vested interests have differing views with someone who is not vested.
__________________
Too many stocks = market returns. You are better off buying the index.
MikeDirnt78 is offline   Reply With Quote
Old 10-05-2017, 06:49 PM   #37
Member
 
Join Date: Mar 2009
Posts: 395
Please declare how much are you vested and what price?

Usually people with vested interests have differing views with someone who is not vested.
haha check out my first post bro. anyway I am realistic about my expectations. As good traders/investors we need to have a good stop-loss level and entry price

I believe that some rumours may come true in the coming months and we shall see
king2penn is offline   Reply With Quote
Old 11-05-2017, 09:02 AM   #38
Supremacy Member
 
[M]aiev's Avatar
 
Join Date: Jan 2008
Posts: 9,931
good investor? Good investor will avoid this stock. Anyway gap down. SONG BO

__________________
There is a person who lacks of empathy and is right at ALL times. His name is Financial Market.
[M]aiev is offline   Reply With Quote
Old 11-05-2017, 09:07 AM   #39
High Supremacy Member
 
Kinetic88's Avatar
 
Join Date: Jun 2007
Posts: 45,534
congra to those who shorted/sold their shares.

it ish down 15% as at time of post.
__________________
Look at K88 shu shu's avatar for share trading ideas







Govt flipping policies just like this prata man, patterns more than badminton.
Sinkies always kena pawn deep deep
Kinetic88 is offline   Reply With Quote
Old 11-05-2017, 09:10 AM   #40
Supremacy Member
 
Join Date: Jun 2002
Posts: 9,118
yyhwin is very quiet. I think he is lucky to cut loss early.
__________________
Too many stocks = market returns. You are better off buying the index.
MikeDirnt78 is offline   Reply With Quote
Old 11-05-2017, 09:13 AM   #41
Supremacy Member
 
[M]aiev's Avatar
 
Join Date: Jan 2008
Posts: 9,931
yyhwin is very quiet. I think he is lucky to cut loss early.
i remembered he got hoot the right(s) one leh

__________________
There is a person who lacks of empathy and is right at ALL times. His name is Financial Market.
[M]aiev is offline   Reply With Quote
Old 11-05-2017, 09:19 AM   #42
Senior Member
 
Join Date: Feb 2004
Posts: 2,126
Check is the iOCBC portfolio will not auto update N21 to CGP?
homedriver is offline   Reply With Quote
Old 11-05-2017, 09:20 AM   #43
Arch-Supremacy Member
 
nats7798's Avatar
 
Join Date: Jun 2008
Posts: 16,088
This counter cannot trade yet? Must wait after announcement ar? I q at 118
nats7798 is offline   Reply With Quote
Old 11-05-2017, 09:25 AM   #44
High Supremacy Member
 
Kinetic88's Avatar
 
Join Date: Jun 2007
Posts: 45,534
This counter cannot trade yet? Must wait after announcement ar? I q at 118
nao trading at 1.06.

what talking chiu ?
__________________
Look at K88 shu shu's avatar for share trading ideas







Govt flipping policies just like this prata man, patterns more than badminton.
Sinkies always kena pawn deep deep
Kinetic88 is offline   Reply With Quote
Old 11-05-2017, 09:28 AM   #45
Supremacy Member
 
Join Date: Jun 2002
Posts: 9,118
i remembered he got hoot the right(s) one leh

Yeah he got subscribe rights fully. Maybe he sold everything at 20+ cents.

If vested, usually he got come and show off here.
__________________
Too many stocks = market returns. You are better off buying the index.
MikeDirnt78 is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

HardwareZone
Rewards