| Latest Forum Topics / Olam Intl |
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OLAM_OLAM
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sun233
Elite |
03-Apr-2017 12:24
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This is not good.....i thought the whole idea was to reduce debt!!
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Octavia
Supreme |
03-Apr-2017 11:24
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  The group is issuing ¥ 5.7b 0.47% fixed rate notes due 2022 under its US$5b euro medium term note programme. Proceeds will be used for working capital, capex, potential acquisition opportunities and other general corporate purposes.Kind of still reeling from over gearing. |
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FATABA
Supreme |
31-Mar-2017 22:01
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I somehow thing more good news might be on its way .....OLAM to se $2 again ? See below .....invest w Japnese... Olam takes a greater bite of West Africa biscuit market with capacity expansion    Singapore, March 31, 2017 &ndash Nutrifoods Ghana Limited today opened its newly expanded biscuit production facility in Tema, Ghana, which manufactures high quality biscuits for both the domestic and export markets1.   Jointly owned by Olam International (75%) and Sanyo Foods of Japan (25%), the Nutrifoods facility is currently the leading biscuit factory in Ghana. It produces an assorted brand portfolio which includes two of the most popular biscuits in the country &ndash the King Cracker and the Perk Shortcake.   The company invested US$8.25 million in expansion work, upgrading the capacity of the facility with new state-of-the-art production equipment and technology including an additional third production line.   The expansion has strengthened Nutrifoods&rsquo position as the number one biscuit producer in Ghana. It has a 30% market share and an unbeatable benchmark in quality, producing international standard products for local market tastes. Moreover, the expansion has increased employment opportunities offered by the company, providing an additional 150 jobs and raising the existing workforce to 600 employees, of which 99% are Ghanaians.    The completion of the expansion project is hailed by stakeholders as a major milestone not only for Nutrifoods but also for the entire food manufacturing sector in Ghana. An inauguration ceremony held at the factory was attended by the Minister of State for Trade and Industry of Singapore, Dr. Koh Poh Koon and Ghana&rsquo s Minister for Trade and Industry, Mr. Alan K. Kyeremanten.   At the event, Dr. Koh congratulated Olam on the inauguration of their new factory and expressed hope that more Singapore companies can participate actively in Ghana&rsquo s growth. He also noted that Singapore companies are not just investing in the physical infrastructure but also in building human resource capabilities for Ghana&rsquo s future, with companies such as Olam sponsoring educational programmes in Ghana.   Mr. Chitwan Singh, Business Head at Nutrifoods Biscuits said: &ldquo With this expansion, we have doubled our existing production capacity, developed a new capability to make more varieties of biscuits, enhanced food safety and security through automation of our production line, and increased employment in other areas of operation.&rdquo       |
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sun233
Elite |
31-Mar-2017 17:01
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Good for you. Hope you manage to sell. These day best to not hold anything too long.
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sun233
Elite |
31-Mar 17:00
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Very odd B volume and sell volume rising in tandem!! |
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leongyan
Master |
31-Mar-2017 16:40
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i do short term trades on Olam. doing in 200-300 lots so prefer to take profit at stages
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sun233
Elite |
31-Mar-2017 16:38
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Why? Tired of waiting.......
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leongyan
Master |
31-Mar-2017 11:00
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those who bought at 1.85 and sold at 1.91 making good profits.. i am queiing to exit at 1.92 |
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sun233
Elite |
31-Mar-2017 10:47
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Gd Luck too. Market really quiet.......not moving at all.
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FATABA
Supreme |
30-Mar-2017 12:43
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I bot some small qty ....and CS is the seller in 100s......I suspect they are accumulating ....but hard to tell as qty is low. Gd luck
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sun233
Elite |
30-Mar-2017 12:23
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Thanks for info. This stock is being accumulated by the big boys after they bring price down. 
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newbie24
Veteran |
29-Mar-2017 16:25
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Anw if people are concerned, JP Morgan and CS were the ones who sold | ||||
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newbie24
Veteran |
29-Mar-2017 16:05
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Hoot a bit, MACD and RSI giving bullish signal | ||||
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lcfarn
Member |
26-Mar-2017 16:04
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Any negative news, why the big volume ? Any correlation to China Huishan Dairy crash ???  
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sun233
Elite |
26-Mar-2017 12:30
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Yes the limited number of scrips is a pain for regular shareholders. One must buy and hold.......when big boys(big funds) finally give up and have to show profits to their shareholders then this will chiong...........It' s what happened last month before earnings..........Hence the reason i had to recalibrate. ADM' s increased holdings in Wilmar really interesting. A fight looming perhaps or a takeover? Drama should be interesting.
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shadow
Veteran |
23-Mar-2017 10:47
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yes , keep in watchlist...  
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FATABA
Supreme |
23-Mar-2017 10:44
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U are right ...v oversold and bb action is here .....limited scripts so easy to control .
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sun233
Elite |
23-Mar-2017 10:35
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Waiting for big boys to finish playing with themselves to add...... |
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sun233
Elite |
23-Mar-2017 09:37
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  No worries this is a long term play...... Ah Kong sure to take care of company. 
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seanpent
Supreme |
22-Mar-2017 15:41
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Time again for Olam to catch short positions  
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