Shares & Derivatives
ONE STOCK WHICH I HAVE BEEN ACCUMULATING
By Singapore Stocks Investing (SSI)  •  January 30, 2016
Today, Noble stock rallied up by 14.8% to close the trading session at $0.31. The rally could likely be due to the “bargain of the decade” report by Religare Capital Markets’ analyst Nirgunan Tiruchelvam who gave a target of 37 Singapore cents for the stock. And as shared by myself in my previous posts, the rally could also be due to the successful gathering of approval from shareholders for Noble Group to dispose of its shares in Noble Agri for liquidity moves. Prior to Religare Capital’s report, I have shared with readers in a post on 17 Jan 2016 how I have been accumulating Noble Group stock while the stock was trading at low prices (you could read the post here). I have not read Religare’s report but my accumulating reason in Noble Group stock stems from my many years of experience trading in the stock, going ......
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By Singapore Stocks Investing (SSI)
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