Noble Group's bankruptcy is real and coming!

https://www.bloombergquint.com/markets/2018/03/09/noble-group-management-payouts-under-fire-from-major-shareholder

https://sg-stock.blogspot.sg/2018/03/top-management-plundered-noble-group.html

The top management plundered Noble by paying themselves $35m when they caused noble to lose $5B.

The existing shareholders especially the major shareholder don't trust the top management anymore.  This will result in a deadlock impasse and any debt restructuring plan will die in germination.  Without the debt restructuring plan, Noble will be bankrupt.

https://sg-stock.blogspot.sg/2018/03/nobles-bankruptcy-is-coming.html