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

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Old 05-05-2017, 09:13 AM   #1
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Thumbs up NEW *NOBLE GROUP* OFFICIAL THREAD (SGX: CGP)

Goodbye N21 & welcome CGP!
At current price to reward ratio Noble is quite enticing (0.35 PB approximately)
All bad news has been priced in & fundamentals should improve in the coming quarter(s)



Vested near temp support level @ 0.120 (now $1.20)
2,700,000 shares (270,000 shares after consolidation)
Cut loss level near S$1

Last edited by king2penn; 05-05-2017 at 05:15 PM..
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Old 05-05-2017, 09:16 AM   #2
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Opening 1.32 today and now currently at 1.335.
Small ups preferred to big movements

With the current pips (0.005) and taking into account the share consolidation, share prices are actually moving in finer increments
Positive momentum towards share price. Current share price has priced in possible negative/flat results end of next week so anything that suggests an improvement should result in more upward momentum

Expect sideways consolidation these few days
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Old 05-05-2017, 09:43 AM   #3
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wow noble is back to its blue chip days!

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Old 05-05-2017, 10:13 AM   #4
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wow noble is back to its blue chip days!

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The bluechip definition goes by market value! Not the share price.
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Old 05-05-2017, 10:19 AM   #5
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Dropping as of now
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Old 05-05-2017, 10:32 AM   #6
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The bluechip definition goes by market value! Not the share price.
quote for truth
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Old 05-05-2017, 10:33 AM   #7
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Today friday so might test the recent low of 0.120
going forward next week even though its consolidation phase it might go further south to test 0.112. depends on market sentiment

=hug to sleep=\

its not noble if you don't go into losses first!

P.S. I traded noble from 0.144 to 0.20 last time
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Old 05-05-2017, 11:27 AM   #8
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I agree that with the consolidation, less magnitude in terms of movement. But then, it won't rise big anymore. Many would have move on to other pennies.
Those who lost $$ on this before consolidation won't be happy about it as upward movement now is not gonna be big.
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Old 05-05-2017, 11:30 AM   #9
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I agree that with the consolidation, less magnitude in terms of movement. But then, it won't rise big anymore. Many would have move on to other pennies.
Those who lost $$ on this before consolidation won't be happy about it as upward movement now is not gonna be big.
true.. nature of the stock will change also
but now shortists would'nt find it rewarding at all to short this stock due to lesser rewards and a now depressed value
not much to earn for them

new movements should be more stable and trending upwards like a proper stock. key thing is whether big funds will move in again into this counter. that will give it a bigger momentum
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Old 05-05-2017, 11:31 AM   #10
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wow the price increased 10 fold? why so hiong?

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Old 05-05-2017, 11:31 AM   #11
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wow the price increased 10 fold? why so hiong?

share consolidation lor. my first ten bagger!
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Old 05-05-2017, 11:39 AM   #12
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share consolidation lor. my first ten bagger!
gxgx... king of ssi
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Old 05-05-2017, 12:10 PM   #13
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anyone got business times access to the full article?

http://www.businesstimes.com.sg/comp...rception-noble

think today & next week will be tough times for noble longists before release of next friday's result
lets see how this will turn out
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Old 05-05-2017, 12:29 PM   #14
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will it fall below the rights issue price of $1.10 ?
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Old 05-05-2017, 12:49 PM   #15
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Today friday so might test the recent low of 0.120
going forward next week even though its consolidation phase it might go further south to test 0.112. depends on market sentiment

=hug to sleep=\

its not noble if you don't go into losses first!

P.S. I traded noble from 0.144 to 0.20 last time
one minute u say up, the next minute u say down, good commentary!
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