Noble Group 03 (Feb 15 - Dec 17)

Re: Noble Group 03 (Feb 15 - Dec 17)

Postby behappyalways » Tue Aug 15, 2017 6:22 pm

Noble Group Hit by `Loss of Confidence' as Ratings Cut Again
https://www.bloomberg.com/news/articles ... oody-s-say
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Re: Noble Group 03 (Feb 15 - Dec 17)

Postby Singaporestockmarket » Tue Sep 19, 2017 4:55 pm

8 Reasons Behind Noble Group Bullish Trend

Why Noble Group Gone Bullish?


1. Succeeded in raising the surplus amount of capital fund as many as 2 billion which were highlighted in the previous quarters.
2. The Noble Company has halved down its debt to capital ratio from 55% to 25% for this fiscal year.
3. The Group has managed to cope up with a loss of $ 1billion in 2015 to a small yet significant profit in 2016. Also, the group forecasted to book a bulk profit by 2018.
4. Some harsh decisions like selling off its profitable noncore business assets help the noble group to refocus on their mainstream business profile. Which ultimately results in the rise of capital fund and the noble group stock prices.
5. Reduction in cost and headcount facilitates the group to enhance their net profit margin.
6. Depression of share price beyond its fair value (Currently trading at 0.32) facilitates traders to take advantage of this market distortion to earn more profit.
7. Another reason for the rise of Noble Energy stock is its all-time low price to sale. Irrespective of such a huge name the group is currently showing a sales ratio of only 0.03.
8. One of the major reasons behind the bullish trend is increasing the dependence of Giant China on Noble Resources which holds about 10% of the Noble Shares.

Points Which Are To Look After:


The decline in Revenue: Due to the sale of noncore business assets revenue gets declined. This ultimately results in the shrinking of business and so the possibilities.
The favorite company tag: Noble Energy Stock is always a favorite stock among the traders despite its trending trade. This results in the improved business opportunities.
Things To Noted Own For Noble Group Share Price:

A. According to 2016 annual report – Barnes and Noble committed a capital of 10 Billion. This means the group hardly needs cash for short to midterm.
B. Shares consolidation may prove harsh for short term but seems to last positive impact for long and midterms.
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Re: Noble Group 03 (Feb 15 - Dec 17)

Postby behappyalways » Tue Oct 10, 2017 4:34 pm

why-did-noble-groups-gas-sale-earn-less-expected
https://www.theedgesingapore.com/why-di ... s-expected
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Re: Noble Group 03 (Feb 15 - Dec 17)

Postby behappyalways » Wed Oct 25, 2017 7:22 pm

noble-sell-global-oil-liquids-business-19-bil-expects-3q-net-loss-us11-125-bil
https://www.theedgesingapore.com/noble- ... 11-125-bil


Noble's Squandered Resource
https://www.theedgesingapore.com/noble- ... 11-125-bil
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Re: Noble Group 03 (Feb 15 - Dec 17)

Postby behappyalways » Fri Nov 10, 2017 5:22 pm

noble-group-sinks-deeper-3q-losses-us12-bil
https://www.theedgesingapore.com/noble- ... s-us12-bil


Noble's Law of Diminishing Returns
https://www.bloomberg.com/gadfly/articl ... ng-returns
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Re: Noble Group 03 (Feb 15 - Dec 17)

Postby iam802 » Thu Dec 07, 2017 8:45 pm

Noble Faces Key Deadlines as Default Threat Looms

https://www.bloomberg.com/news/articles ... lt-lingers

Noble Group Ltd., the embattled commodities trader, faces several significant deadlines as it wrestles with a $3.5 billion debt restructuring.

Once Asia’s largest commodity trader, Noble’s decline since 2015 has been marked by losses, concern it won’t be able to pay its debt and accusations from long-time foe Iceberg Research that it inflated the value of some contracts. The next few weeks will be crucial, as Noble looks to push its debt restructuring through.

One focus is Dec. 20. Lenders had agreed to waive certain rights under terms Noble committed to for its $1.1 billion revolving credit facility until that day. That means the company may need to reach a deal with creditors by then to avoid a default, or seek another extension.

The company met with creditors in Hong Kong on Wednesday, according to people familiar with the matter. The meeting follows talks that started two weeks ago in London and continued last week in Hong Kong, and was to allow creditors to do further due diligence on the sustainability of the company’s operations, one of the people said.

“If Noble’s revolving credit facility lenders don’t extend the covenant waiver, it will be a technical default on the facility,” said Annisa Lee, head of Asia ex-Japan flow credit analysis at Nomura International (HK) Ltd. “That could trigger a cross default on the bonds. If that happens, Noble faces the possibility of going into liquidation, or a debt restructuring, depending on what creditors decide.”

Noble’s external media representative couldn’t be immediately reached for comment.

Here are the deadlines to watch in coming months:

Dec. 15: Shareholder meeting

Noble agreed to sell most of its oil business to Vitol Group in October and will be holding a meeting in Singapore for shareholders to vote on the sale. Shares in the embattled commodity trader fell 5.9 percent Thursday.

Dec. 20: Waiver expires

A covenant waiver on Noble’s $1.1 billion revolving credit facility expires. Noble’s unsecured lenders, which are ranked the same as its unsecured bondholders, have extended the waiver before, but lenders could use it as a bargaining chip to improve their position.

Dec. 24: Perpetual coupon

A coupon payment is due for Noble’s $400 million perpetual securities, which have collapsed 46 cents in the past year to 8.5 cents on Thursday, according to Bloomberg-compiled data. Noble has already deferred payment on the notes once.

Jan. 29: Interest payment

Noble must pay about $39.7 million of interest on its $1.18 billion bonds maturing 2020, according to Bloomberg calculations. Those notes have fallen 42.4 cents to 40.1 cents on the dollar in the past year.

March 20: Bond maturity

This is Noble’s first significant bond maturity in 2018. It must pay $379 million of securities on this day. The notes have slumped 42 cents in the past year to 49.3 cents on the dollar Thursday.

May 18: Credit facility matures

Noble faces its second significant debt maturity for 2018, when its revolving credit facility matures.

1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: Noble Group 03 (Feb 15 - Dec 17)

Postby behappyalways » Sat Dec 09, 2017 8:59 pm

noble-selling-four-kamsarmax-dry-bulkers-us95-mil
https://www.theedgesingapore.com/noble- ... s-us95-mil
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