Olam: Share price up on buy backs.

I have always thought Olam's gearing level quite scary. Then again, it is the same with Noble and Wilmar although not as highly geared as Olam. I was told that their business models are such that high gearing level is nothing to worry about. Indeed, Mr. Market seemed to think so as their share prices were sky high once upon a time.

Gearing is a double edged sword and if a business is able to

Noble Group: Another quick trade.

Technical analysis (TA) is dynamic. Day to day, charts have new information and TA will provide new insights. Not too long ago, I wondered if Noble Group's share price might hit $1.90. Read blog post here.

If you guess that I must have been waiting to sell at $1.90, you are right. However, doing a bit of charting last night revealed that we might not see $1.90 although there is still a chance

Noble Group, NOL and CapitaMalls Asia.

Just a quick look at some charts:


Noble Group's share price formed a bullish engulfing candle on high volume. If we turn on the MA envelope, we see how it touched the lower boundary and bounced off. Stochastics is in the oversold region and could turn up. Could share price rise to $1.90?


NOL's share price formed a white hammer on high volume. Similarly, Stochastics is in the oversold region

Noble Group: Caught a falling dagger?

Today, for the first time ever, I became a shareholder of Noble Group. I will confess that I do not understand the business and that going long here is taking on quite a bit of risk. Then, why did I do it? Let me share with you what's on my mind.

The share price of Noble Group is, undoubtedly, in a downtrend. I drew two trendlines, one connecting the lower highs and one connecting the lower lows