Shares & Derivatives
Is it a good time to buy this stock?
By Singapore Stocks Investing (SSI)  •  May 31, 2016
Noble Group CEO has resigned from the company, as was announced today. Along with this announcement was another announcement that the company is selling an US energy stake. Noble Group stock price went south by 8.2% today similar to what we noted for Singpost stock when its CEO resigned from the post and this I believed has to do with investors thinking that while the sale of the subsidary would unlock cash for the cash-strapped company, having a Captain for the ship to steer the company is more important.While I have on many occasions said that Noble Group is a good trading stock at least for me; this is probably not the time for me to be noble about the stock for without a CEO a company is like a ship without a captain. I hope the new CEO will be someone who will bring Noble to a ......
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By Singapore Stocks Investing (SSI)
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