Noble Group *Official* (SGX: CGP)

Mancunian2

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long time never see thosai too,
he was kind enough to warn me off noble when I contemplated buying

thanks once again!
 

Mancunian2

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Now is whether will bankrupt or not

Any corporate turnaround similar to noble one ar? I'm vested leh

Hongkan
after the latest massive loss, they are running out of capital and time

with current low price, rights issue won't make any meaningful difference

with so much debt outstanding, bankruptcy looks more and more likely in the not too distant future.....

my 2 cents worth
 

Mancunian2

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with the steep drop today, tomorrow sure got many margin calls

expect another fall off the cliff .... possible to see 50 cts?
 

MikeDirnt78

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Hindsight is 20/20... if they sub rights and sold when it was above 20, they Huat like crazy

If you bought shares at very high price and subscribed, no way to break even.

Ok that one was hindsight because I cannot remember if I did advice to avoid.

But I did advice yyhwin to sell sell sell when Noble was at 80 cents. I sold mine at $1+ pre-split. Post split equivalent of $10. :D
 
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