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Monday, June 5, 2017

Noble has difficulty in getting new loans!

Noble is asking for credit extensions with its existing banks because it has encountered great difficulties in securing new funding.

We did warn in our previous postings that investors would have little confidence in Noble because of its negative cash flows and the weak commodities industry.

1 comment:

Eric Ho said...

Noble will become a penny stock if it can't secure new funding.

We are not talking down the stock because we've no vested interest. We do not short or hold any position in Noble.