Noble Group

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"Trust" has gone in days, but regain in years. Big Grin  The Chairman's statement is candid indeed...

(vested)

Noble Group hunts investor as profit seen up to two years away

SINGAPORE (Sept 19): Noble Group Ltd. is still seeking a strategic investor as the founder and chairman of the embattled Asian commodities trader says it will take as much as two years for a return to profit.

“A strategic partner is still very possible,” Richard Elman, who is due to stand down as executive chairman by June, said in an interview at the company’s headquarters in Hong Kong. “But it has to be at the right time and the right candidate.”
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http://www.theedgemarkets.com.sg/sg/arti...years-away
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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First insider trade, after the right issue?

Franklin Resources, Inc, acquired 25 million shares @ S$3.46 million (~13.8 cent per share), has increased its share from 5.8% to 6%.

http://infopub.sgx.com/FileOpen/_Form%20...eID=422764
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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(28-09-2016, 08:56 PM)CityFarmer Wrote: First insider trade, after the right issue?

Franklin Resources, Inc, acquired 25 million shares @ S$3.46 million (~13.8 cent per share), has increased its share from 5.8% to 6%.

http://infopub.sgx.com/FileOpen/_Form%20...eID=422764

it would be substantial shareholder i suppose? Franklin Resources has their staff as executive roles (like director) in this company?
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(28-09-2016, 09:13 PM)weijian Wrote:
(28-09-2016, 08:56 PM)CityFarmer Wrote: First insider trade, after the right issue?

Franklin Resources, Inc, acquired 25 million shares @ S$3.46 million (~13.8 cent per share), has increased its share from 5.8% to 6%.

http://infopub.sgx.com/FileOpen/_Form%20...eID=422764

it would be substantial shareholder i suppose? Franklin Resources has their staff as executive roles (like director) in this company?

It should be SSH, rather than insider. My apology. I write it, while doing regular check on the insider trades via shareinvestor.com. Mind and hand out-of-sync.

(vested)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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Franklin Templeton Institutional, a SSH, acquired 8 million shares, with stake increased from 5.97% to 6.03%

http://infopub.sgx.com/FileOpen/_Form%20...eID=423089
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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Noble ($0.152) - Looks like the big game of this commodities company has just started. Possible $0.20 in a month or two time... Good Luck  Rolleyes
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(01-10-2016, 01:39 AM)crabcrab Wrote: Noble ($0.152) - Looks like the big game of this commodities company has just started. Possible $0.20 in a month or two time... Good Luck  Rolleyes

Another round of pump and dump before the company goes kaput?
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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(01-10-2016, 12:21 PM)BlueKelah Wrote:
(01-10-2016, 01:39 AM)crabcrab Wrote: Noble ($0.152) - Looks like the big game of this commodities company has just started. Possible $0.20 in a month or two time... Good Luck  Rolleyes

Another round of pump and dump before the company goes kaput?

Why  you think Noble will be kaput ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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(01-10-2016, 10:18 PM)cfa Wrote:
(01-10-2016, 12:21 PM)BlueKelah Wrote:
(01-10-2016, 01:39 AM)crabcrab Wrote: Noble ($0.152) - Looks like the big game of this commodities company has just started. Possible $0.20 in a month or two time... Good Luck  Rolleyes

Another round of pump and dump before the company goes kaput?

Why  you think Noble will be kaput ?

https://iceberg-research.com/

Read the iceberg articles then look at the quarterly. Look at what has happened to Noble the past year with the impairments, resignation of CEO, the rights issue and sale of some good assets. 

Any investor bother to follow the events and has a bit of logic should be able to put 2 and 2 together and form a conclusion. 

Mine is a high probability of Kaput (yes by kaput i mean end up like Swiber), you may of course form your own conclusion ;D
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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(30-09-2016, 08:09 PM)CityFarmer Wrote: Franklin Templeton Institutional, a SSH, acquired 8 million shares, with stake increased from 5.97% to 6.03%

http://infopub.sgx.com/FileOpen/_Form%20...eID=423089

wonder why do FTI do that... ?? Big Grin

they expecting the chinese bankers to bail out noble? :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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