I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
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Technical Analysis and Charting
Stock Tips

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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