Noble group credit rating got downgraded again by S&P and Moody's!

https://www.bloomberg.com/news/articles/2017-08-14/noble-group-facing-higher-risk-of-default-s-p-and-moody-s-say?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo

OMG! The default risk is real....very real!

This is the reason that Noble group got downgraded again.

We're also very negative about Noble group.

Please read our previous postings on Noble group.