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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (45359)	11/10/2011 2:20:43 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78705

re Noble - maybe it's a one -off maybe not, but nothing screams "buy it" to me based on those valuation metrics: finance.yahoo.com ADm missed earnings but at least they still generated a solid profit.Both ADM and BG profit margins are multiple times that of Noble Group. Noble seems to be more of a trader than a refiner of AG commodities and I am suspicious of this business model, which is more vulnerable to dislocations.

To: E_K_S who wrote (45359)	7/13/2013 9:55:53 AM
From: Paul Senior	Read Replies (3) \| Respond to of 78705

NOBGF: Barron's out with an article on Asian supply-chain managers. The stocks of Singapore-based players like Noble Group (ticker: NOBL.Singapore),Wilmar International (WIL.Singapore), and Olam Intermational(Olam.Singapore), the region's equivalent of global giants Bunge (BG) or Glencore Xtrata (GLEN.U.K.), have fallen below book value and are starting to look very attractive, says Abhijit Attavar of Jefferies in Singapore. All are expected to report double-digit gains in earnings over the next three years. Otoh, also stated therein: "All three major supply-chain outfits have been getting downgrades from analysts for months now." Back otoh, "Attavar, who describes the trio as "unloved and oversold," likes Noble. He sees it eventually hitting S$1.35—up nearly 50%." ===== "Eventually" could be a long time. I've been holding all my NOBGF shares (a losing position) since '08.