Noble Group

Noble is doing fine this morning +1.5 c to $1.08.

Noble ($1.10) is enjoying a recovery after being oversold. Noble looks the most attractive valuation-wise, as it is now trading at 10x CY12F P/E and more importantly, at 1.1x CY12F P/B. The book value should be the absolute floor, in our view.
Nomura has 'buy' on Nomura at $1.50

It once was a stock that could go nowhere but up .
Now struggling to stay afloat at above $1.10.  I just got  in. Wish me luck.

I think the uptrend is sustainable. Now $1.15. Wish me (more) luck!

DBS Vickers said on 8 Aug 2012:


Noble’s share price has fallen by 54% since January 2011 and reported three consecutive quarters of y-o-y decline in earnings starting from 3Q11. We see Noble’s 2H12 operating performance recovering y-o-y; and thus expect a re-rating soon. We believe investors should
accumulate ahead of an earnings and share price rebound.

Wowee! Today, Noble rocks!
Closed at $1.25
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[mark 10-08-2012]:

I think the uptrend is sustainable. Now $1.15. Wish me (more) luck!