Another short seller report on Noble.
fyi
https://icebergresearch.files.wordpress.com/2016/02/report-4-credibility.pdf
it's amazing how Iceberg, a nameless and rankless company set up in 2015 with less than 10 years of history, can bring down a S$1.00+ company.
Either the research company is very powerful to uncover the actual truth, or we (investors) are gullible and simply ruled by fear.
That said, my comments should not be translated or interpreted as a buy call. Of which i have told my friends to stay away from troubled counters; takes time for companies as such to recover to its former glory.
It is just a casual comment on the scale of damage done by a mere 'research' entity.
Any comment please reply to this post. I prefer open communications than replying to individual emails.
Happy weekend guys!
