I recently did a short exercise with some of the stocks listed on the Singapore Stock Exchange. I want to see how dividends, splits, rights and bonus shares affect certain stocks. So I created a SGX Singapore Stocks Factsheet Google Spreadsheet to keep track of some of the stocks [You can review them here >>] I covered a wide range of stocks from dividend stocks with predictable cash flow like Starhub, CMPacific, SMRT, First REIT to blue chip stalwarts like Keppel Corp, DBS, SIA Engg to the really small value stocks like Boustead, Kian Ann, Adampak. While doing the exercise, one of the stocks that grip my attention was Noble Group.

Noble Price 11 years

Here is a chart of Noble’s stock price since 2001. Notice that the stock price then was at 22.5 cents. This is during the 2001 to 2003 bear market. During this period, ......