As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Value Investing
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Saturday, 14 February 2009

Noble - up or down?



Market is already expecting good result.
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NOBLE BUSINESS STRATEGY RESULTS IN RECORD NINE MONTHS 2008 PERFORMANCE
10 Nov 2008 Hong Kong


REVENUES: UP 87% TO RECORD US$29.3 BILLION
GROSS PROFITS: UP 117% TO RECORD US$1.15 BILLION
NET PROFITS: UP 174% TO RECORD US$438 MILLION
Noble Group (SGX: NOBL), a global supply chain manager of agricultural, metals, minerals and ores, and energy products, announced record Group revenues of US$29.3 billion and US$9.4 billion for the nine months and third quarter periods, respectively, ended September 30, 2008. Revenue growth continues to be well diversified with each of our four business segments reporting revenue increases of between 65% and 110% compared to the corresponding nine months levels for 2007.
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