Noble shares is even worth buying now

Image credit: McDonald's

Had McDonald's Prosperity Burger for lunch today. This burger is only available around the Chinese New Year season. It's tasty and value for money. A set cost around $9.

Dinner was light. 2 slices of toast from "Four leaves" with cheddar cheese and butter. A cup of yesterday's mussel chowder and some broccoli.

Didn't do much as just recovered from flu. So spent most of my time monitoring my shares. I am glad that SIA has raised the offer price of Tiger to 45 cents from 41 cents.
Noble is another counter that is worth monitoring since the price has plummeted to a very low of around 32 cents. One of the reasons Noble share has dropped a lot is due to Moody and S & P's downgrading it to "junk" status. I firmly believe that Noble is worth much much more than its current price. Many skeptics say that Noble may go bankrupt but it is utter rubbish. I have traded in Noble shares in recent days and made some money out of it. In fact, I have bought more at 33 cents and is waiting for it to go up. To me "no risk, no profits".

This news may be good for NOBLE's shareholders

Image credit: www.sharejunction.com Read more

I got into Noble but wait you may get even cheaper on Monday

The Dow, Nasdaq and S&P is down badly last night. It will be another day of decline for the STI on Monday.
I got involved with a stock named Noble. I bought it shares at 0.395 cents. The shares have been battered down badly due to accusation of poor accounting practices and low commodity prices. A year ago, its share price was $1.20.
In my opinion, this the best time to buy Noble shares. I think it will pick up soon. It has a team of efficient management people running the show.
However, buy at our own risk. Use your discretion because I am no expert.

30 September 2015 Wednesday

                             
Haze still bad but went out for lunch with friends

The haze situation is still bad. It is still in the very unhealthy range. Many have suffered due to the haze which is a regular affair at this time of the year. The haze is caused by the burning of the forest and peat land in Sumatra and Kalimantan, Indonesia.

Nevertheless, today me and my wife braved the dreadful haze and ventured out to have lunch with our friends at Takashimaya.
We met at a Japanese restaurant (Tampopo Grand) for lunch. Our lunches consist of sushi and sashimi. The food wasn't extraordinary and was pricey too. I did not snap photo of our friends and the food we ate. I was afraid it may be considered rude to take pictures as one of them is a celebrity.
As they were busy people, we bade farewell a little later after we've finished eating.

Since we were at Takashimaya we decided to do a bit of shopping with the gift vouchers that someone gave us. We bought a few face towels and a hair dryer. After an hour or so we were back home.

The STI was up 2.95 points at the closing. The shares that I dabbled in rose a little...example Noble rose 1.5 cents to 0.415 cents on a heavy volume of 75 million. Hopefully, it could go up again in tomorrow's trading. Tiger Air closed up half a cent to 30 cents. SIA was unchanged at $10.70. Wilmar International was up 5 cents to $2.57. Genting (S) was down 1.5 cents to 0.725 cts.

The Dow Jones futures look good. At 1930 hours, the Dow futures was up 100 points. The futures is an indication of how the Dow will fare when it opens at 2130 hours later tonight.

2140 hours:

Wow the Dow is up 224 points 10 minutes after the opening. Things look good. Hope the upward trend could be sustained. Promise to be a good trading day tomorrow. Keep fingers crossed.

The old blog www.bohtong.org

I notice that many still visit my old blog. Some have told me they want me to carry on blogging about crew and airlines stories. They are very interested in what's going on in the airlines particularly SIA.
Some of these readers are cabin crew hopefuls while others are members of the public. As for the current flying crew, they dislike me writing about them or about things concerning flying. Naturally they are afraid that if they do anything wrong I may blog about them. Well there is a saying in Chinese which goes something like this...."if you have not committed a crime or done anything wrong why should you be scared of the policeman?"...right?