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Noble Group *Official* (SGX: N21)

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Old 24-04-2015, 12:25 AM   #16
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i believe there are better correlations with oil in other stocks if that is what ur aim is for
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Old 24-04-2015, 08:51 AM   #17
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some say oil will range between 55 - 75. I will go with 75 betting it to go 65 and buy some noble.

I am betting not investing. No investment wisdom applied.
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Old 24-04-2015, 09:48 AM   #18
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some say oil will range between 55 - 75. I will go with 75 betting it to go 65 and buy some noble.

I am betting not investing. No investment wisdom applied.
If you are betting, I think casino is more fun.
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Old 24-04-2015, 11:20 AM   #19
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If you are betting, I think casino is more fun.
Agree with you. For fun I prefer forex and the comfort of home.
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Old 24-04-2015, 11:48 AM   #20
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The fall continues
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Old 24-04-2015, 04:48 PM   #21
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some say oil will range between 55 - 75. I will go with 75 betting it to go 65 and buy some noble.

I am betting not investing. No investment wisdom applied.
if it's pure gambling....i guess SELL.
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Old 24-04-2015, 05:54 PM   #22
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Wah... Free falling

Sent from An offshore drilling platform somewhere using GAGT
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Old 24-04-2015, 10:17 PM   #23
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what has oil have to do with noble?
I long oil, will take profit when it get to 65. Using that profit to buy noble shares.
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Old 25-04-2015, 09:38 PM   #24
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if buy noble cos related to oil...i think you're wacky. so many other counters with better prospects and co-relation with oil. if you somehow see other potential, then fine lor.

personally i dont think Noble is going to be good.
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Old 25-04-2015, 09:39 PM   #25
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the following are kope-ed from other forums:

[LONDON] The head of grain and oilseeds for Noble Group Ltd' s agribusiness has left the commodity trade house, two sources familiar with the matter said on Friday, as the unit' s integration with China' s COFCO picks up.

Switzerland-based Paul Marland had run Noble' s grain and oilseeds operations since 2012.

A spokesman for Noble Group said the company did not comment on personnel or business matters.

Marland declined to comment when contacted by Reuters
Edited
Noble Group Prediction (named The Missing Puzzle)
23 Apr- closed @ $0.86, a Prediction regarding The Missing Puzzle is borned.
As there is much distrust in market towards Noble handling of Financial Statement & Incomplete Statement Issue, I boldy predict Noble isexpected to drop lower within 3 Days.
24 Apr- closed @ $0.84 (Prediction Fulfilled)
I predict that there will be further downside to $0.825/ Lower within 4 Days.

View Officially Ended & Prediction borned, Previous View (16 Apr to 23 Apr)
Noble Group (View)
16 Apr (Thursday):
16 Apr Noble Group Closing @ $0.875- It is likely that Noble Group will drop to $0.86 in near term.

As the market confidence runs low,& only few of shareholders of Noble Group individual has some vested interests of 5%.
There is a lack of certain issues not explained by Noble Group to IceBerg & Muddy Water queries. Therefore, investors are to remain cautious about Noble Group Stock.
Though there is increased of Shareholder interest, but totaling of around 5% are not enough to support the market confidence level, & it is also a vested interest (self interest, in which to support his previous around 4% interest). Overall, there needs to be further investigate on the Accounts of queries of Noble Group as it is still too cloudy of the facts / not facts surrounding Noble Group.

Is Noble Group really worth to invest? I think the answer can be found after further review. More Views will be updated after further review.


17 Apr (AGM) + 18 Apr (Saturday- The Question is: Where do My Money (US$311 Million) goes to?):
The Question is: Where do My Money (US$311 Million) goes to?
Financial Accounting Needs Review by 10 Reowned Auditors as (Type of Methodlogy not explained how US$10 million becomes valued at US$322million?)
If in Financial Accounting [13% Stake in Yancoal worth only US$10 million- being valued at US$322 million]- After deducting (- US$311 Million), what is the real value of Noble Group? Is it Losses being covered up/ where do the US$311 Million goes to?

Details of AGM on 17 Apr Friday:
Noble Group had not answered in details on why Stake in Yancoal worth only US$10 million- being valued at US$322 million.
So, where do the US$311 million goes to? (Excess Evaluation of Stake in Yancoal)
Likewise, when another shareholder, Richard Lau, 66, queried Noble' s management on its methodologies of valuing its stake in Australian coal company Yancoal - a key feature in Iceberg' s allegations - Mr Elman once again avoided the question.

In its reports, Iceberg had queried why Noble was valuing its 13 per cent stake in Yancoal at US$322 million, when the stake was worth only US$10 million. At Friday' s AGM, Noble' s CEO Yusuf Alireza said the group uses a very specific third-party cashflow model used by many mining companies to value its assets, which is all audited by Ernst & Young.

20 Apr
The 2nd Question is: If 13% Stake in Yancoal in Financial Accounting can be marked up 32.2 Times (Based on 13% stake in Yancoal valued @ USD10 Million being accounted as USD322 Million], then if all inventory & assets used the same accounting metholody. Then All Inventory, Assets, Profits may be accounted the same way (32.2 Times more).

22 Apr
I) Noble Group barred from Platts' oil pricing process:
Contacted by Reuters, Noble would not comment on its specific involvement in Platts' pricing process.
http://www.straitstimes.com/news/bus...urces-20150422

The 3rd Question is: Why is there a sudden change of reaction from 17 Apr AGM? (What is behind the Incomplete/ Confidential Information?)
Meeting with Noble Group Representatives on 21 April 2015 by SIAS
Date: 22 April 2015
Chairman answered all the questions posed by shareholders and did not dodge any.
The Chairman even gave one shareholder his personal email when he complained that the email sent to the company earlier was not replied to. He invited all shareholders to write to his personal email if they did not get a reply from the company.

Assumption Made:
1) There was some Confidential/ Incomplete Information not revealed/ missed out to shareholders question previously
2) As even employees of Noble do not even know what is happening in Noble Accounts- Chairman knows.
3) Chairman feels that it is better for him to answer shareholders question as employees of Noble don' t know/ may speak to bluntly to be used as evidence by any unidentified party.
4) Chairman feels it is better for all questions to be directed at 1 contact point, instead of multiple contact points so he can arrange and present the information without dispute to the Public Knowledge.

The 4th Question is: Capital of Noble Group (More View to be added later)
Assumption Made:
Is resistant at Last Few Mins of Trading Hours using own funds just to withstand & booast confidence in Market?
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Old 25-04-2015, 10:10 PM   #26
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Have no confidence in this counter at all...
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Old 25-04-2015, 10:30 PM   #27
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latest news mention they want to revamp their management , more transparancy etc....


I also don't know this counter can buy now or not as ...

as I also quite interested on it .
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Old 25-04-2015, 11:22 PM   #28
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If you are scared that of oil price and funny reports affecting its price, its better to leave noble alone. No confidence please dont buy.

However, if you are aware of they function, what they deal with, strength of their balance sheet and cashflow statements whatnot, know that 52 week low doesnt mean cant reach new low.
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Old 26-04-2015, 06:13 AM   #29
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latest news mention they want to revamp their management , more transparancy etc....


I also don't know this counter can buy now or not as ...

as I also quite interested on it .
Talk is cheap. Wait for them to show some real results of improvement 1st.

Pretty obvious some people behind the scenes want to bring this company down. I dont think they will end it here.
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Old 26-04-2015, 08:48 AM   #30
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noble has what to do with oil prices?????????

no correlation leh
I thought they multi-industry...
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