Remebering Noble...

Noble Group was one of my first few purchases from the open market.  Actually I do not remember now the reason why I bought Noble.  Perhaps some hot tips?  But during the days of the 1,000 shares per lot time, Noble was the first counter that I held more than a single lot size.

When I decided to embark on my dividend investment journey, Noble was the first counter that got the cut because of its low dividend payouts.  I exited Noble with some profits when it was still a low $2+ stock.

Not that I am paying particular attention to the stocks that I have in the past, but Noble was always in the news.  Muddy Waters, Iceberg reports and the non-stop procession of bad news keep Noble in the forefront of financial news.

Now the CEO had left and the Chairman is abandoning ship.  And the issue of 1:1 rights at massive discount to the current share price.  This is a sad story of a commodity giant turning into a penny stock.

Well, you win some and you lose some.  I also cut off Raffles Medical which is turning into a big mistake now.....