Shares & Derivatives
What’s Brewing At Noble Group?
By The Asia Report  •  May 30, 2015
One of the largest battles for  corporate governance is unfolding. Not since the debacle of Olam have we seen an incident involving such a prominent and well known company.  The result of various stakeholders in pushing for more disclosure has been unsatisfactory to say the least. An Open Memo To Noble Group’s 15,000 Employees (LINK This post is written by Michael Dee, who has been in the investment banking scene (ex Morgan Stanley CEO SE Asia, ex Senior MD of Temasek Holdings), and his opinion carries a lot of heft. Here are some of my favourite points from his memo:
“When the vendors of this short term capital stop lending bankruptcy can follow as we saw so often in the recent financial crisis and with Enron.” “Who to believe? The publicly traded market price or a secret model which says it is worth 30 times more. You decide. Oh ...
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By The Asia Report
Richard is passionate about teaching the principles of value investing to people from all walks of life. Richard is also a frequent guest speaker on investing and financial markets at institutions such as University College London and the London School of Economics, and at investment conferences held in Singapore ...
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