| Latest Forum Topics / Olam Intl |
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OLAM_OLAM
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shawaw
Member |
06-May-2014 09:11
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can someone tell me what happens after 23May. I mean if I dont sell the olam stock in hand, what will happen ?  is there a chance of delist after 23may and the price dips more ?  |
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lynn89
Senior |
02-May-2014 22:33
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I have sent in my acceptance letters, and will be receiving the 2 cheques in 10 days. Better to use the funds for other better stocks |
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WanSiTong
Supreme |
25-Apr-2014 14:37
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Published April 24, 2014
 
Temasek' s offer for Olam becomes unconditional
 
The offer period will now be extended till 5.30pm on May 23. Temasek said it had received 6.5 per cent of Olam' s maximum potential share capital in acceptances as at 5pm on Thursday, adding to the 46.2 per cent it held with its concert parties when it launched the offer. The independent financial adviser (IFA) to Olam, Rothschild, had last week said that Temasek' s offer was " fair and reasonable" for shareholders and warrant holders, but not so for those who own its convertible bonds.   |
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Octavia
Supreme |
23-Apr-2014 09:07
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UBS remain sceptical of a competing bid for Olam, and with the stock trading in line with Temasek&rsquo s offer price of $2.23/share, house believes funds are better deployed elsewhere, and therefore downgrade Olam from a Neutral to a Sell rating. UBS reckons with the limited share price upside, house do see downside risk if Temasek chooses to walk away from the offer, conditional on holding more than 50% of total diluted issued capital in the company and subject to relevant regulatory approvals. Assuming conversion of convertible notes and options, we estimate total diluted issued capital as 2,721m shares. Given Temasek and consortium members account for around 1,255m shares, acceptances or purchases of only 106m shares are required to clear this hurdle. |
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duran123
Member |
13-Apr-2014 15:47
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If I return my acceptance letter earlier, does that mean I will get my cheque earlier also? Or there is a specific date  when everyone gets the cheque together  after the offer period? |
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beginners
Veteran |
12-Apr-2014 03:31
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Yes. Just do see the point still got ppl want to buy at 2.24.
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freeman_5js
Senior |
11-Apr-2014 15:28
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Accepting tt offer means no comission right? so those selling at 2.24 in open mkt got to minus comission.   |
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Leongsan
Senior |
11-Apr-2014 09:24
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Am I right that if Tamesek buys above 2,23 then they have to offer at the highest price?
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beginners
Veteran |
10-Apr-2014 21:35
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Temasek is offering 2.23. Today ends at 2.24. Curious who is the one willing to buy at 2.24. | ||||
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FATABA
Supreme |
10-Apr-2014 16:22
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is this official ?  Pls advise where u see this news ? Or the 20 M vol is assume to be from Temasek ? thks
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RosyAiry
Master |
10-Apr-2014 15:57
Yells: "banned!" |
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Temasek adding 5% stake
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FATABA
Supreme |
10-Apr-2014 15:38
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I think unlikely as Temasek has no wish to delist Olam.  Further the 20M vol dont really change the game/  does it ? Hmm
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sun233
Elite |
10-Apr-2014 15:13
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Maybe take up rate of offer might be a problem. So buy up. |
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FATABA
Supreme |
10-Apr-2014 14:59
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Wonder why it jumps 3 cent at this high volume?  Temasek need not do this ? Who ?
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roostertan
Member |
10-Apr-2014 08:45
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If your holdings is bot thru CPF, then yr acceptance offer letter shd be received, probably, by this or next week from yr Investment Bank.  I hv contacted my Investment Bank and they are processing letters to be sent out by this week.
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beginners
Veteran |
10-Apr-2014 00:20
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What I received is the same as bro duran123. Bro iuhne1, maybe you check with your broker.
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roostertan
Member |
09-Apr-2014 17:57
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Hi Leongsan and John_ric, care to share  what is your opinion on whether is it worthwhile to accept the 2.23 offer price?  I feel it is unreasonably low price offer.
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roostertan
Member |
09-Apr-2014 17:53
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Hi Bro Leongsan and John_ric, I have already contacted my investment bank and they are sending out the letter of acceptance and shd be receiving by this week. Thanks for all yr advices.
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john_ric
Supreme |
09-Apr-2014 16:34
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..the retirement acct with a bank
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roostertan
Member |
09-Apr-2014 15:41
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Bro John-ric, what is SRS ?
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