Report: Parent of Retail Supplier’s Short-Term Liquidity Manageable, Long Term Uncertain
August 21,2015
The Business Times (Singapore) reported that Noble Group's, "liquidity position in the next two months should improve, but how its balance sheet will fare after that is still a question mark, analysts said, adding that the support of its major banking partners will be critical."
Noble Group is the parent of Noble Americas Energy Solutions
The Business Times also reported that analysts believed that Noble could have spent more time, "explaining [to investors] 'potentially undervalued assets in its balance sheet' such as its retail energy supplier business in the US, Noble Americas Energy Solutions (NAES)."