Shares & Derivatives
GOLDEN AGRICULTURE AND NOBLE GROUP; COMMODITIES STOCK OUTLOOK
By Singapore Stocks Investing (SSI)  •  August 13, 2013
Both commodity stocks: Noble and Golden Agriculture stock continued to head south in their stock prices after their latest earnings results announcement. Noble stock and Golden Agriculture stock are now at a price level that could be viewed as attractive. But I believe the question that weighs on investors’ mind is where the bottom is that these two stocks could reach for when Noble stock reached $1, we thought that may be the lowest for the stock but it headed south even further. A charting chart for these two stocks which I have read on newspapers pointed that Noble Group stock could reach $0.74 while Golden Agriculture stock could reach $0.48. Many analysts pointed out that the commodities outlook may still not be too good and hence the commodities sector will continue to perform similar to this trend that we see now. I personally think that if China ......
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By Singapore Stocks Investing (SSI)
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