Monday, November 26, 2012
Noble
Noble: is +p 2.3% at $1.10, the best-performing STI component stock. Beyond the company's disposal of wholly-owned subsidiary coal company PT Alhasanie for US$4.0 m, "there's really nothing," says OCBC, noting that the market is chasing up high-beta stocks amid a broad rally. "It's more trading than anything. The stock has fallen quite a bit since the results."
The stock remains down nearly 14% since the company released its results after market close on Nov 8
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