Noble Group "Collateral Margin Call"

HFA Padded
Mark Melin
Published on
Updated on

Noble Group, Asia’s top commodity trader, has endured short selling attacks from the likes of Muddy Waters LLC and the anonymous Iceburg Research. With its stock value cut by over ¾ on a year over year basis, and bouncing near all-time lows, along comes a new report from researcher Simon Jacques calling recent actions a “collateral margin call.” Moody’s Noble Group Rating Although it has made its loan payments, Noble Group’s commodity-based assets used as collateral have been significantly dropping in value, the report said. It is against this background the stock trading near 0.40 cents after starting 2015 at $1.16….

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HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.