What are your views on Noble (SGX: CGP) Is it a good time to invest and buy it now? - Seedly
 

AMA SG Young Investment

Investments

Asked by Anonymous

Asked on 07 Sep 2018

What are your views on Noble (SGX: CGP) Is it a good time to invest and buy it now?

Saw that Noble has a really high volume on SGX recently. What do you guys think of it?

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Choon Yuan Chan
Choon Yuan Chan
Level 4. Prodigy
Answered on 16 Sep 2018

terrible company to invest in as a shareholder. Post restructuring, its balance sheet is still weak and shareholders will not be getting much equity

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Good Day Every Day
Good Day Every Day
Level 6. Master
Answered on 15 Sep 2018

No, it is not worth taking the risk based on technical analysis.

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Jay Liu
Jay Liu, Diploma in Accountancy at KHEA
Level 6. Master
Answered on 15 Sep 2018

No

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Dwivid Sharma
Dwivid Sharma
Level 3. Wonderkid
Answered on 14 Sep 2018

I am not going to suggest you make an investment in this company. It is near to the end.

It's shareholder returns are all time negative and it is extremely risky for intraday trading.

Moreover, if you want to know why this share lost its value in the market. You can read this blog http://www.mmfsolutions.sg/blog/singapore-noble-share-price/

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Nicholes Wong
Nicholes Wong
Level 6. Master
Answered on 14 Sep 2018

Just 2 words for Noble: It sucks (personal opinion)

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