Back

Latest Forum Topics / Olam Group    Last:1.24    -0.01

Post Reply

Olaim Group Financial Results Post Reply Rate topic
easywin Supreme	13-Sep-2023 14:50        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cut lost and preserves capital to minimized the pain and further damage I think is a wise choice rather than wait and see.
Useful To Me  Not Useful To Me
Thi654321ABCDEF Master	13-Sep-2023 13:29        Thi654321ABCDEF About Contact  Quote this Post!
x 0   x 0  Alert Admin	auditors any have endorse and collect money , at the end retail investers suffer , auditors no suffer nothing and enjoying eddyeddy      ( Date: 13-Sep-2023 12:58) Posted: Olam said that fraud was untrue , but now seems to admit it is true by posting a bond ? If untrue still need to post a bond for its director?
Useful To Me  Not Useful To Me
eddyeddy Master	13-Sep-2023 12:58        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Olam said that fraud was untrue , but now seems to admit it is true by posting a bond ? If untrue still need to post a bond for its director?
Useful To Me  Not Useful To Me
eddyeddy Master	13-Sep-2023 12:56        eddyeddy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Olam said that fraud was untrue , but now seems to admit it is true by posting a bond ? If untrue still need to post a bond for its director?
Useful To Me  Not Useful To Me
ahbui8 Master	13-Sep-2023 11:32        ahbui8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If the fraud is real, Olam Agri IPO will be gone.  yuhanooi      ( Date: 13-Sep-2023 11:20) Posted: Olam creates a lot of empolyment is Nigeria, I don' t think it is in the new government' s interest to kill it. Likely outcome is a fine on the FX transgressions ( there was complicated fx rules, before the 36% devaluation in June). Hope the legal team and negotiators get a lenient deal. Dyodd.
Useful To Me  Not Useful To Me
FrancisLim Elite	13-Sep-2023 11:24        FrancisLim About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Co should halt trading in its share and ascertain all the facts and disclose to the Exchange and to its shareholders. Waiting to be informed by subsidiary through midnight call and disclose half an hour before trading commences, is not adequate even for a penny stock.
Useful To Me  Not Useful To Me
Thi654321ABCDEF Master	13-Sep-2023 11:23        Thi654321ABCDEF About Contact  Quote this Post!
x 0   x 0  Alert Admin	Auditors do what , any have endorse , how to believe auditors ,  Very dangerous , donot belive auditors simply and buy stocks. some companies show this quater profit and next quater loss , all fraud  mrwise      ( Date: 13-Sep-2023 11:18) Posted: No need to speculate... I believe this Company have a high chance of good n fast recovery...
Useful To Me  Not Useful To Me
luckyguy3 Master	13-Sep-2023 11:22        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The collateral damage u forget to mention, the 2 IPOs will be affected, at least much delayed liao.. share price will be capped for quite sometimes yuhanooi      ( Date: 13-Sep-2023 11:20) Posted: Olam creates a lot of empolyment is Nigeria, I don' t think it is in the new government' s interest to kill it. Likely outcome is a fine on the FX transgressions ( there was complicated fx rules, before the 36% devaluation in June). Hope the legal team and negotiators get a lenient deal. Dyodd.
Useful To Me  Not Useful To Me
yuhanooi Member	13-Sep-2023 11:20        yuhanooi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Olam creates a lot of empolyment is Nigeria, I don' t think it is in the new government' s interest to kill it. Likely outcome is a fine on the FX transgressions ( there was complicated fx rules, before the 36% devaluation in June). Hope the legal team and negotiators get a lenient deal. Dyodd.
Useful To Me  Not Useful To Me
mrwise Supreme	13-Sep-2023 11:18        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	No need to speculate... I believe this Company have a high chance of good n fast recovery...
Useful To Me  Not Useful To Me
mrwise Supreme	13-Sep-2023 10:57        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I think Temasek and others are looking onto this and should help the Company as they have huge investment on this Company...
Useful To Me  Not Useful To Me
dot123 Senior	13-Sep-2023 10:56        dot123 About Contact  Quote this Post!
x 1   x 0  Alert Admin	guess we will know soon ba, only a few days since this erupted....the orthodox will need time to dig through this mess, in meantime unorthodox just spread fire lo.... luckyguy3      ( Date: 13-Sep-2023 10:53) Posted: The thing is the cash and assets over at Nigeria, whether still exists or not.. no one knows.. dot123      ( Date: 13-Sep-2023 10:51) Posted: In some countries, law is made up, if u dont comply, u are wrong, thats all, i believe the bond paid is more for the safety of said person they say pay, u pay....cannot argue one but yes, its a mess now, let it settle down first...
Useful To Me  Not Useful To Me
luckyguy3 Master	13-Sep-2023 10:53        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The thing is the cash and assets over at Nigeria, whether still exists or not.. no one knows.. dot123      ( Date: 13-Sep-2023 10:51) Posted: In some countries, law is made up, if u dont comply, u are wrong, thats all, i believe the bond paid is more for the safety of said person they say pay, u pay....cannot argue one but yes, its a mess now, let it settle down first...
Useful To Me  Not Useful To Me
luckyguy3 Master	13-Sep-2023 10:51        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The problem now is investors have lost confidence already. Few days old news only now then Olam confirmed the news, not very transparent. What other skeletons that are still not yet known?   mrwise      ( Date: 13-Sep-2023 10:47) Posted: Few days old news and price may recover soon.... Higher mgt should be working on this....Any clarification will helps to boost the share price...   luckyguy3      ( Date: 13-Sep-2023 10:39) Posted: So Olam confirmed the news is real one.. not fake news... jialat lia
Useful To Me  Not Useful To Me
dot123 Senior	13-Sep-2023 10:51        dot123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	In some countries, law is made up, if u dont comply, u are wrong, thats all, i believe the bond paid is more for the safety of said person they say pay, u pay....cannot argue one but yes, its a mess now, let it settle down first...
Useful To Me  Not Useful To Me
mrwise Supreme	13-Sep-2023 10:47        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Few days old news and price may recover soon.... Higher mgt should be working on this....Any clarification will helps to boost the share price...   luckyguy3      ( Date: 13-Sep-2023 10:39) Posted: So Olam confirmed the news is real one.. not fake news... jialat liao zmatrixale      ( Date: 12-Sep-2023 21:14) Posted: This got me reading more into what's going on in Nigeria and it certainly looks like a lot of drama happening given the change in leadership and what seems to be politically motivated actions to go after the previous Central Bank Governor, which is spilling over into Olam and others. Messy indeed. Hope it doesn't drag out too long
Useful To Me  Not Useful To Me
luckyguy3 Master	13-Sep-2023 10:39        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So Olam confirmed the news is real one.. not fake news... jialat liao zmatrixale      ( Date: 12-Sep-2023 21:14) Posted: This got me reading more into what's going on in Nigeria and it certainly looks like a lot of drama happening given the change in leadership and what seems to be politically motivated actions to go after the previous Central Bank Governor, which is spilling over into Olam and others. Messy indeed. Hope it doesn't drag out too long. luckyguy3      ( Date: 12-Sep-2023 19:32) Posted: http://dailynigerian.com/multibillion-dollar-fraud-olam/ Olam Nigeria Limited has paid a huge bail bond of N1billion to secure the release of one of its directors, Prakash Kanth. The payment was made into a special recovery account operated by  the State Security Service, SSS. Other top executives of the company have reportedly fled the country in the wake of the arrest of the governor of the Central Bank of Nigeria, Godwin Emefiele and his accomplices.
Useful To Me  Not Useful To Me
luckyguy3 Master	13-Sep-2023 10:37        luckyguy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So is real one.. not fake news... luckyguy3      ( Date: 12-Sep-2023 19:32) Posted: http://dailynigerian.com/multibillion-dollar-fraud-olam/ Olam Nigeria Limited has paid a huge bail bond of N1billion to secure the release of one of its directors, Prakash Kanth. The payment was made into a special recovery account operated by  the State Security Service, SSS. Other top executives of the company have reportedly fled the country in the wake of the arrest of the governor of the Central Bank of Nigeria, Godwin Emefiele and his accomplices.
Useful To Me  Not Useful To Me
mrwise Supreme	13-Sep-2023 10:37        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Temasek bought over some Olam shares for $2.23 in 2014 and they have now about 51% shares of the Company! Maybe another rescue plan by Temasek!? Come Come...
Useful To Me  Not Useful To Me
mrwise Supreme	13-Sep-2023 10:31        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Some may be buying up for this good opportunity!
Useful To Me  Not Useful To Me

                                                         First   < Newer   1201-1220 of 1521   Older>   Last