Shares & Derivatives
Bullish on Noble, IndoAgri, Genting and DBS?
By A Singaporean Stockmarket Investor (ASSI)  •  September 4, 2011
I was reading The Straits Times online edition. Yup! AK71 is catching up with the Times! I love this pun! There is an interesting article by Andy Mukherjee titled "Don't get seduced by analysts' darlings" and he selected four stocks as examples. Andy is of the opinion that "analysts are overly bullish. They are beginning to turn nervous, but are far from throwing in the towel." He also said that "for choppy markets to get better, sentiment must first hit rock bottom. Like it did in the first quarter of 2009." Stock #1: Noble Group
"Analysts are still wildly bullish about Noble... (with) consensus estimate for the stock (suggesting) a 35 per cent upside. "Noble shares fell more than 80 per cent between June and October 2008." Stock #2: Indofood Agri Resources
"With the hiving off of Salim Ivomas Pratama, .. the company is ......
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By A Singaporean Stockmarket Investor (ASSI)
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