Monthly Archives: December 2017

Noble Americas Corp failed and it’s wonderful

Noble Americas Corp failed and it’s wonderful because we like to see awfully bad people fail.

For the records they were given a blank card and what they did with it was roulette “double the stakes or quit” losing million dollars in negative cash flows per day* depending on how you read  Noble’s torture of its operating income from supply chain and  non-cash mark-to-market unrealised observable positions or its (bogusphysical turnover.

STAMFORD — Commodities trader Noble Group, which has offices at 107 Elm St. in Stamford, Conn., plans to lay off 84 Stamford-based employees by Dec. 31, 2017.

The layoff notice was received last Friday by the state Department of Labor. Affected positions at Noble Americas Corp.’s downtown offices, at 107 Elm St., include accountants, analysts, managers, senior vice presidents and traders. The cuts are scheduled to be made by Dec. 31.

If you want to know the real story of Noble Group, it is pretty simple :  in trading A 3rd or a 2nd won’t make it. It’s not enough. Vitol doesn’t re-hire thirds-traders or failed VPs. (Got to get everything right and 10/10), or the market will grind you down to the ground, it will.

Noble Americas Corp failed and it’s wonderful.

Merry Christmas.

the Noble Files 高贵组文件 研究

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STAR ???? Hello Star

Noble’s Star Gasoline Trader Sinenko Said to Join Gunvor

Gunvor Group Ltd. has wooed Noble Group Ltd.’s star gasoline trader to join its expanding U.S. operations as an exodus from the struggling Asian trading house continues amid asset sales and a debt restructuring.

Dmitri Sinenko, one of Noble’s top performing oil traders, has agreed to join Gunvor’s U.S. operations… -Bloomberg

 

 

There is a few myths and misconceptions in the presser starting by STAR ??? Hello star.

On the cash-flows statement basis the U.S pipeline trade is absolutely what has killed any ray of hope for Noble of breakeven and paying back the borrowing base. https://noblegroupresearch.wordpress.com/?s=oil+liquids

 

The ‘Co-Stars’

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In our book, the co-stars Dmitri  https://noblegroupresearch.wordpress.com/tag/dmitri/ and Jeffrey “Chief Relaxation Officer ” VICE president and CO-CEO Frase, simply put, are synonym of two high rollers overheads.

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Noble Americas Oil Liquids was Noble’s last hope and they have bet everything on the same horse.

Noble Group Business

For the records they were given a blank card and what they did with it was roulette “double the stakes or quit” losing million dollars in negative cash flows per day depending on how you read how Noble torture its operating income from supply chain and  non-cash mark-to-market unrealised observable positions or its (bogusphysical turnover.

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If you want to know the real story of Noble Group, it is pretty simple:  in trading you can’t be just a second or a third, it cannot and won’t work.

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“Even with massive refineries shutdown of a historical proportion in the wake of Harvey flooding, Dmitri has not break-even, was losing Noble Americas Corp. half a million a day on his pipelines trades.”

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A 3rd or a 2nd won’t make it. It’s not enough. You need to get everything right and 10/10, or the market will grind you down to the ground. Don’t hire bums.

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the Noble Files 高贵组文件 研究