AMA SG Young Investment
Asked by Anonymous
Asked on 07 Sep 2018
Saw that Noble has a really high volume on SGX recently. What do you guys think of it?
terrible company to invest in as a shareholder. Post restructuring, its balance sheet is still weak and shareholders will not be getting much equity
No, it is not worth taking the risk based on technical analysis.
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/