CMC's Yang Says Things Not on Right Track for Noble

Noble is facing significant financial challenges, with rising default risks and a deteriorating solvency status. The company issued a profit warning, reporting substantial losses in the second quarter, leading to a 40% decline in market cap. Liquidity issues are exacerbated by a negative feedback loop, making it difficult to raise funds. Noble's five-year note is trading at a low value, reflecting its solvency concerns, and the cost of funding is increasing.

What significant financial warning did Noble issue recently?

• A profit warning of 2.5 billion losses

• A profit warning of 3 billion losses

• A profit warning of 1.8 billion losses

• A profit warning of 1.2 billion losses

What was one of the major financial issues Noble faced in the second quarter?

• A 400 million loss in its supply chain

• A 1.2 billion profit in its cash adjustment

• A 1.2 billion loss in its supply chain

• A 400 million profit in its supply chain

How does the negative feedback loop affect Noble's financial situation?

• It improves the company's ability to raise funds

• It makes it easier to get banking facilities

• It makes it more difficult to raise funds

• It has no impact on the company's finances

What is the current trading value of Noble's five-year note due in 2020?

• $0.75 per $1.00 of power value

• $0.39 per $1.00 of power value

• $0.50 per $1.00 of power value

• $0.60 per $1.00 of power value

What is the implication of Noble's deteriorated solvency status?

• The cost of funding is decreasing

• The cost of funding is increasing

• The cost of funding remains the same

• The cost of funding is eliminated