Damn those shorties!!!!!!!!!!!!!!!!!!!!! Pull all loan out shares!!!!!!!!!!!!! Announce to masses to stop Noble Group shares loaned!!!!!!!! Challenge Michael Dee, Muddywaters, Iceberg to conduct shorties conference to point out Noble Group' s problem!!!!!!!! Any tweeting,Facebook,mass media experts here?? If media put out these above, Noble Group shares sure no more drop.
There are many unknowns in Noble which the management refused to answer.
Like......
“How many ‘inventory sales’ have you done in each of the past three years by number and amount and how many times have you not repurchased them?”.
Like....
How much profits are accounted but not earned?
These are questions that the management did not or refused to answer. If the inventory sales turns out to be debt then the company debt to equity ratio would suddenly surge up and would the banks start appearing to recall their loans??????
If the profits are future profits......(may or may not happen yet) then the NTA might need to be written down. Not to forget Yancoal. Then your debt to equity will increase and the banks might start calling......
These are some of the reasons the shortists are smelling blood......
not vested
(18-08-2015, 09:12 AM)charlesgee Wrote: [ -> ]Damn those shorties!!!!!!!!!!!!!!!!!!!!! Pull all loan out shares!!!!!!!!!!!!! Announce to masses to stop Noble Group shares loaned!!!!!!!! Challenge Michael Dee, Muddywaters, Iceberg to conduct shorties conference to point out Noble Group' s problem!!!!!!!! Any tweeting,Facebook,mass media experts here?? If media put out these above, Noble Group shares sure no more drop.
The questions raised in recent AGM by shareholders , till today are not answered by management . Shareholders engagement is just a smoke screen .
Heading new low direction .
(18-08-2015, 04:21 PM)cfa Wrote: [ -> ]Heading new low direction .
Are you interested to buy some @ 0.35 ?
No matter what the management do to placate the investing publics , people just sell to signal to the management. Buy they still choose to act blur.?
Should ask the Noble management to suspend the stock first? Otherwise a lot of damages will be done on long term investors?
http://www.valuebuddies.com/thread-457-p...#pid117265
Remember Enron? Enron also passed through all check points...
SGX is simply not doing enough... I still maintain modern matas are hopeless... only Regulators can halt and suspend a listed company that smells a rat and conduct comprehensive investigation.
In fact, the major shareholders could have launch a buyout to clear up the airs once and for all so that there is no doubts.
Remember Olam? Unfortunately even suitors are running scare of what they are seeing or even doing due diligence...
Odd lots vested
GG
Waiting for a certificate
(18-08-2015, 05:06 PM)Max12345678 Wrote: [ -> ]Should ask the Noble management to suspend the stock first? Otherwise a lot of damages will be done on long term investors?
Short interest up to 14+%...
Noble surges 6% as shorts reach a record
SINGAPORE (Aug 19): Short interest on Noble Group Ltd ( Financial Dashboard) shares surged to a new high this week when its CEO, Yusuf Alireza, defended the finances of Asia's biggest commodity trader at a meeting with investors.
Short interest as a percentage of Noble's outstanding shares rose to 14.15% on Monday, latest available data from Markit Group Ltd tracked by Bloomberg showed.
...
http://www.theedgemarkets.com/sg/article...ach-record