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belugacat Member	21-Aug-2026 19:59        belugacat About Contact  Quote this Post!
x 0   x 0  Alert Admin	i think it is not end of the road yet because there is still Arise P& l stake sale and  their holding of the balance 20.99% of the issued share capital of OAHL for disposition/sale. money4life      ( Date: 21-Aug-2026 13:40) Posted: I think just wait for it to drop till 90c then buy, i think better change the managenment or just privatize as NAV is pretty high  cfdking      ( Date: 21-Aug-2026 13:25) Posted: whose who chased for div sure kena CON
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money4life Senior	21-Aug-2026 15:31        money4life About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on the dividend given this round, do not have much hope on the special dividend that' s to come. LoL, maybe should change another CEO things will be better  alanchee      ( Date: 21-Aug-2026 15:08) Posted: Just added, hold for year end div and special div also, as Arise sale completion is sometime in 3Q.
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alanchee Senior	21-Aug-2026 15:08        alanchee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just added, hold for year end div and special div also, as Arise sale completion is sometime in 3Q.
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money4life Senior	21-Aug-2026 13:40        money4life About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think just wait for it to drop till 90c then buy, i think better change the managenment or just privatize as NAV is pretty high  cfdking      ( Date: 21-Aug-2026 13:25) Posted: whose who chased for div sure kena CON
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cfdking Veteran	21-Aug-2026 13:25        cfdking About Contact  Quote this Post!
x 0   x 0  Alert Admin	whose who chased for div sure kena CON
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cfdking Veteran	21-Aug-2026 13:23        cfdking About Contact  Quote this Post!
x 0   x 0  Alert Admin	div 7c but dropped 16c ..well done
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JerryMaple Veteran	21-Aug-2026 13:22        JerryMaple About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow!! the dividend more poisonous than my poop.. Yum gong lor!!
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Boatman Master	21-Aug-2026 11:22        Boatman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Time to get into olam again :)
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tonytony Veteran	20-Aug-2026 08:01        tonytony About Contact  Quote this Post!
x 1   x 0  Alert Admin	Once again , many many thanks . Alignment      ( Date: 20-Aug-2026 00:48) Posted: At a high level OFI&rsquo s business is buying something cheap, and then at a later point selling it at a profit possibly after some value add. But OFI needs to pay at least in part for what it is buying upfront. The more it has to pay upfront, the more capital is tied down some of which is debt on which interest needs to be paid and the rest being equity for which there is an opportunity cost (for instance paying a special dividend to us). So how much capital is tied down relative to the profit (EBIT) made from having the capital tied down (this ratio is ROCE) is key to the value of OFI. The problem OFI has had for the past few years up to this half year is that input costs have been high, driving up the capital required to finance the sale of a set volume of goods, which means interest costs go up. And because it takes time to pass these interest costs up to end customers, OFI has until now not shown in its results an increase in EBIT to match the increase in interest. What has now changed this half year however is a partial reversal of this dynamic, where capital required has decreased significantly without a fall in EBIT. The valuation impact of this is best illustrated with a numerical approximation (I stress approximation). Suppose the value market valuation for OFI was 10x annual EBIT. Let&rsquo s say last year&rsquo s EBIT was S$1.1bn so the enterprise value last year was S$11bn. Net debt last year was S$5.5bn so subtracting that from the enterprise value gives an equity value of OFI last year of S$5.5bn. Not included in the net debt calculation was S$9.3bn of inventories that OFI was holding to drive the business and deliver the S$1.1bn EBIT. This S$9.3bn was funded partly by the S$5.5bn net debt and the rest mostly by our equity. Basically dead money. So now we come to what happened this latest half year. Run rate EBIT fell slightly, to S$1.05bn so the market enterprise value assuming the same 10x multiple also falls slightly to S$10.5bn. But this fall in EBIT should not be a surprise because there has been a massive reduction in the capital used to drive this business, with net debt falling to only S$3.5bn. The reason for this is that the inventories needed to support this business fell by S$2bn effectively S$2bn has been freed up which was used to pay down debt, all the while EBIT remaining pretty much constant. With these numbers, the equity value is S$7bn i.e. S$1.5bn more than 6 months ago. Another way of saying the same thing is that OFI has shrunk slightly and thereby is worth S$0.5bn less but in shrinking has become more efficient and wrung S$2bn of value out of its balance sheet resulting in S$1.5bn net upside. This S$1.5bn is roughly equal to S$0.4 a share. And the bigger point is that there could be more to come &ndash although inventories have fallen S$2bn, at the end of June the balance sheet still held S$7.3bn of inventories, so this positive valuation impact could have a long way to run. I have no idea what the steady state is (someone should ask Olam), but again, every S$2bn fall in this figure is, by my numbers, worth 40 cents a share. Olam management have been predicting for years that we would eventually get to this point, and partly due to rising input prices it never happened, for which they lost a lot of credibility. Finally, with this set of results, we can see it happening. The final point is how does this benefit shareholders. Well, as this inventory reversal continues and net debt continues to fall, I would expect to see more special dividends coming our way. The reason we have not yet seen a special dividend from the Olam Agri stake sale was exactly this &ndash funds were needed to feed the OFI beast as inventories increased. Now that inventories are falling at some point they can be paid out. tonytony      ( Date: 19-Aug-2026 15:20) Posted: Pls help to enlighten why the 1H result was very strong. Sorry to ask because I really miss this also , many thanks
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shk363 Elite	20-Aug-2026 07:57        shk363 About Contact  Quote this Post!
x 0   x 0  Alert Admin	patience will pay off Alignment      ( Date: 20-Aug-2026 00:48) Posted: At a high level OFI&rsquo s business is buying something cheap, and then at a later point selling it at a profit possibly after some value add. But OFI needs to pay at least in part for what it is buying upfront. The more it has to pay upfront, the more capital is tied down some of which is debt on which interest needs to be paid and the rest being equity for which there is an opportunity cost (for instance paying a special dividend to us). So how much capital is tied down relative to the profit (EBIT) made from having the capital tied down (this ratio is ROCE) is key to the value of OFI. The problem OFI has had for the past few years up to this half year is that input costs have been high, driving up the capital required to finance the sale of a set volume of goods, which means interest costs go up. And because it takes time to pass these interest costs up to end customers, OFI has until now not shown in its results an increase in EBIT to match the increase in interest. What has now changed this half year however is a partial reversal of this dynamic, where capital required has decreased significantly without a fall in EBIT. The valuation impact of this is best illustrated with a numerical approximation (I stress approximation). Suppose the value market valuation for OFI was 10x annual EBIT. Let&rsquo s say last year&rsquo s EBIT was S$1.1bn so the enterprise value last year was S$11bn. Net debt last year was S$5.5bn so subtracting that from the enterprise value gives an equity value of OFI last year of S$5.5bn. Not included in the net debt calculation was S$9.3bn of inventories that OFI was holding to drive the business and deliver the S$1.1bn EBIT. This S$9.3bn was funded partly by the S$5.5bn net debt and the rest mostly by our equity. Basically dead money. So now we come to what happened this latest half year. Run rate EBIT fell slightly, to S$1.05bn so the market enterprise value assuming the same 10x multiple also falls slightly to S$10.5bn. But this fall in EBIT should not be a surprise because there has been a massive reduction in the capital used to drive this business, with net debt falling to only S$3.5bn. The reason for this is that the inventories needed to support this business fell by S$2bn effectively S$2bn has been freed up which was used to pay down debt, all the while EBIT remaining pretty much constant. With these numbers, the equity value is S$7bn i.e. S$1.5bn more than 6 months ago. Another way of saying the same thing is that OFI has shrunk slightly and thereby is worth S$0.5bn less but in shrinking has become more efficient and wrung S$2bn of value out of its balance sheet resulting in S$1.5bn net upside. This S$1.5bn is roughly equal to S$0.4 a share. And the bigger point is that there could be more to come &ndash although inventories have fallen S$2bn, at the end of June the balance sheet still held S$7.3bn of inventories, so this positive valuation impact could have a long way to run. I have no idea what the steady state is (someone should ask Olam), but again, every S$2bn fall in this figure is, by my numbers, worth 40 cents a share. Olam management have been predicting for years that we would eventually get to this point, and partly due to rising input prices it never happened, for which they lost a lot of credibility. Finally, with this set of results, we can see it happening. The final point is how does this benefit shareholders. Well, as this inventory reversal continues and net debt continues to fall, I would expect to see more special dividends coming our way. The reason we have not yet seen a special dividend from the Olam Agri stake sale was exactly this &ndash funds were needed to feed the OFI beast as inventories increased. Now that inventories are falling at some point they can be paid out. tonytony      ( Date: 19-Aug-2026 15:20) Posted: Pls help to enlighten why the 1H result was very strong. Sorry to ask because I really miss this also , many thanks
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Alignment Elite	20-Aug-2026 00:48        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	At a high level OFI&rsquo s business is buying something cheap, and then at a later point selling it at a profit possibly after some value add. But OFI needs to pay at least in part for what it is buying upfront. The more it has to pay upfront, the more capital is tied down some of which is debt on which interest needs to be paid and the rest being equity for which there is an opportunity cost (for instance paying a special dividend to us). So how much capital is tied down relative to the profit (EBIT) made from having the capital tied down (this ratio is ROCE) is key to the value of OFI. The problem OFI has had for the past few years up to this half year is that input costs have been high, driving up the capital required to finance the sale of a set volume of goods, which means interest costs go up. And because it takes time to pass these interest costs up to end customers, OFI has until now not shown in its results an increase in EBIT to match the increase in interest. What has now changed this half year however is a partial reversal of this dynamic, where capital required has decreased significantly without a fall in EBIT. The valuation impact of this is best illustrated with a numerical approximation (I stress approximation). Suppose the value market valuation for OFI was 10x annual EBIT. Let&rsquo s say last year&rsquo s EBIT was S$1.1bn so the enterprise value last year was S$11bn. Net debt last year was S$5.5bn so subtracting that from the enterprise value gives an equity value of OFI last year of S$5.5bn. Not included in the net debt calculation was S$9.3bn of inventories that OFI was holding to drive the business and deliver the S$1.1bn EBIT. This S$9.3bn was funded partly by the S$5.5bn net debt and the rest mostly by our equity. Basically dead money. So now we come to what happened this latest half year. Run rate EBIT fell slightly, to S$1.05bn so the market enterprise value assuming the same 10x multiple also falls slightly to S$10.5bn. But this fall in EBIT should not be a surprise because there has been a massive reduction in the capital used to drive this business, with net debt falling to only S$3.5bn. The reason for this is that the inventories needed to support this business fell by S$2bn effectively S$2bn has been freed up which was used to pay down debt, all the while EBIT remaining pretty much constant. With these numbers, the equity value is S$7bn i.e. S$1.5bn more than 6 months ago. Another way of saying the same thing is that OFI has shrunk slightly and thereby is worth S$0.5bn less but in shrinking has become more efficient and wrung S$2bn of value out of its balance sheet resulting in S$1.5bn net upside. This S$1.5bn is roughly equal to S$0.4 a share. And the bigger point is that there could be more to come &ndash although inventories have fallen S$2bn, at the end of June the balance sheet still held S$7.3bn of inventories, so this positive valuation impact could have a long way to run. I have no idea what the steady state is (someone should ask Olam), but again, every S$2bn fall in this figure is, by my numbers, worth 40 cents a share. Olam management have been predicting for years that we would eventually get to this point, and partly due to rising input prices it never happened, for which they lost a lot of credibility. Finally, with this set of results, we can see it happening. The final point is how does this benefit shareholders. Well, as this inventory reversal continues and net debt continues to fall, I would expect to see more special dividends coming our way. The reason we have not yet seen a special dividend from the Olam Agri stake sale was exactly this &ndash funds were needed to feed the OFI beast as inventories increased. Now that inventories are falling at some point they can be paid out. tonytony      ( Date: 19-Aug-2026 15:20) Posted: Pls help to enlighten why the 1H result was very strong. Sorry to ask because I really miss this also , many thanks. Alignment      ( Date: 19-Aug-2026 12:59) Posted: People who focus on revenue growth/net profit don' t understand this company.  The key development in this set of results (even more than the special dividend) is that OFI EBIT (in US$ terms) was flat even as invested capital fell 18%. This business is like a bank - ROCE is the real performance metric, and in 1H ROCE shot up massively. As such the 1H results were very strong indeed yet this was largely missed because most people don' t understand how to look at this. Shows you how many people are investing blind.
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tonytony Veteran	19-Aug-2026 15:20        tonytony About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pls help to enlighten why the 1H result was very strong. Sorry to ask because I really miss this also , many thanks. Alignment      ( Date: 19-Aug-2026 12:59) Posted: People who focus on revenue growth/net profit don' t understand this company.  The key development in this set of results (even more than the special dividend) is that OFI EBIT (in US$ terms) was flat even as invested capital fell 18%. This business is like a bank - ROCE is the real performance metric, and in 1H ROCE shot up massively. As such the 1H results were very strong indeed yet this was largely missed because most people don' t understand how to look at this. Shows you how many people are investing blind.
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Alignment Elite	19-Aug-2026 12:59        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	People who focus on revenue growth/net profit don' t understand this company.  The key development in this set of results (even more than the special dividend) is that OFI EBIT (in US$ terms) was flat even as invested capital fell 18%. This business is like a bank - ROCE is the real performance metric, and in 1H ROCE shot up massively. As such the 1H results were very strong indeed yet this was largely missed because most people don' t understand how to look at this. Shows you how many people are investing blind.
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Joelton Supreme	15-Aug-2026 16:15        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Divestments lift Olam&rsquo s patmi to $1.9 billion dividends of seven cents declared For 1HFY2026, due to one-off gains from divestments totalling $1.75 billion, Olam Group has reported 489% increase in patmi to $1.9 billion. An interim dividend of one cent and special dividend of six cents were declared. Operational patmi from continuing operations stood at $64.4 million for 1HFY2026. The company says that adjusting for the $1.75 billion one-off gain and non-cash foreign exchange gains recorded in 1HFY2025, operational patmi from continuing operations grew by $84.7 million to $64.4 million y-o-y. Due to divestments, Olam ceased consolidating earnings of Olam Agri, Mindsprint and Terrascope from their respective disposal dates. It says that the results of the prior corresponding period of 1HFY2025 reflects a full six months of contributions from these businesses and is therefore not directly comparable with the current period. The apples to oranges comparison would have resulted in Olam recording a 61.5% decline in operational patmi from continuing operations, instead of an increase. Revenue declined 18.3% to $12.5 billion mainly due to the marked drop in input prices in Olam Food Ingredients (ofi), namely cocoa and coffee, coupled with lower volumes in Olam Global Holdco. Olam Group executive director and ofi CEO Shekhar Anantharaman says: &ldquo The first half of 2026 marks an important milestone in Olam Group' s journey. Following the completion of the first tranche of the Olam Agri transaction, we have significantly strengthened our balance sheet, enhanced financial flexibility and demonstrated our ability to unlock value for shareholders.&rdquo In April, Olam completed the sale of a 44.58% stake in subsidiary Olam Agri to the Saudi Agricultural & Livestock Investment Company (SALIC). Olam recognised a gain of $1.34 billion following the transaction. Olam also completed the divestments Mindsprint to Wipro Limited for around US$386 ($492) million and Terrascope to XeleratedFifty for US$1 million during 1H2026. The company currently comprises ofi and OGH which houses other parts of the overall business slated for divestment. Olam adds that it is committed to &ldquo responsibly&rdquo divest all its remaining businesses and assets of OGH over time and progressively distribute the net proceeds of such divestments via special dividends to shareholders after taking into account prevailing operational and financing needs of the Olam. Olam plans to pay the dividends on Aug 31. Shares in Olam closed at $1.30 on Aug 13, down four cents or 3%.
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tonytony Veteran	15-Aug-2026 16:07        tonytony About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just watched the first H2026 result briefing by the new team , they said IPO for ofi is no longer that urgent  , they can afford not to list ofi now .
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Joelton Supreme	15-Aug-2026 16:05        Joelton About Contact  Quote this Post!
x 0   x 0  Alert Admin	Olam H1 profit up six times at S$1.9 billion on Olam Agri spin-off declares dividend of S$0.07 a share [SINGAPORE] Olam Group : VC2 -6.15% on Friday (Aug 14) posted an almost six times rise in net profit to S$1.9 billion for its first half ended Jun 30, from S$323.8 million a year earlier. This was driven by a total one-off gain of about S$1.8 billion following divestments of its 44.58 per cent stake in agribusiness unit Olam Agri and the entirety of IT and digital services unit Mindsprint. Olam Group noted that it also recognised an accounting gain on the valuation of its remaining stake in Olam Agri. However, net profit from continuing operations in OGH (formerly known as the remaining Olam Group) and food ingredients arm, ofi, fell 66 per cent during the six months to S$55.6 million from S$163.7 million a year earlier. This decline was largely due to the absence of non-cash foreign exchange gains recorded in the year-ago period. Olam Group&rsquo s revenue was also down 18.3 per cent at S$12.5 billion from S$15.3 billion in the corresponding year-ago period. This, Olam Group said, was mainly due to the &ldquo marked drop in input prices in ofi, namely cocoa and coffee, coupled with lower volumes in OGH&rdquo . In April, the group said it secured all required regulatory approvals from a total of 21 jurisdictions for its proposed US$1.8 billion sale of 44.58 per cent of Olam Agri to a Saudi fund. The deal was first announced in February 2025 as part of the group&rsquo s broader multi-year restructuring plan. Gautam Wadhwa, CEO of OGH, said: &ldquo Our reorganisation plan to unlock value for shareholders from divestments is on track, with three businesses sold or wound down, and the sale of our remaining stake in Arise P& L making progress.&rdquo &ldquo We remain focused on delivering a resilient operational performance as we continue to work on responsibly divesting and monetising these assets over time,&rdquo he added. Earnings per share (EPS) stood at S$0.5023, up from S$0.0816 in H1 FY2025. The EPS comprises S$0.0104 from the group&rsquo s continuing operations and S$0.4919 from its discontinued operations. The group declared a total dividend of S$0.07 a share, comprising an interim dividend of S$0.01 a share and a special dividend of S$0.06 a share, to be paid out on Aug 31. The total dividend previously was S$0.02 a share. The group&rsquo s net gearing stood at 0.93 times, down from 2.09 times a year earlier, which the company attributed to &ldquo reduced net debt with deleveraging at OGH from divestment proceeds and lower working capital related debt in ofi&rdquo . Olam Group noted that while it expects the constituent businesses of OGH to deliver &ldquo resilient operational performance in 2026&rdquo , it is monitoring the global environment for any adverse changes. For example, an escalation of the Middle East war &ldquo could negatively impact the performance of these businesses&rdquo .
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alexvar Senior	14-Aug-2026 13:06        alexvar About Contact  Quote this Post!
x 0   x 0  Alert Admin	The dividend was too small !??
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chongpin Senior	14-Aug-2026 10:41        chongpin About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Olam shares fall 8.5% after H1 continuing operations profit drops, revenue declines It posts an almost six times rise in net profit to S$1.9 billion for its first half year ended Jun 30 [SINGAPORE] Shares of Olam Group : VC2 -6.92% fell as much as 8.5 per cent on Friday (Aug 14) morning, after it released its H1 results pre-market open. At 9.10 am, Olam shares were trading at an intra-day low of S$1.19, 8.5 per cent or S$0.11 lower. On Friday, it posted an almost six times rise in net profit to S$1.9 billion for its first half year ended Jun 30, from S$323.8 million a year earlier.   This was driven by a total one-off gain of about S$1.8 billion following divestments of its 44.58 per cent stake in agribusiness unit Olam Agri and the entirety of IT and digital services unit Mindsprint. Olam Group noted that it also recognised an accounting gain on the valuation of its remaining stake in Olam Agri. Meanwhile, net profit from continuing operations in the remaining Olam Group and food ingredients arm, ofi, fell 66 per cent during the six month period to S$55.6 million from S$163.7 million a year earlier. https://www.businesstimes.com.sg/companies-markets/olam-shares-fall-8-5-after-h1-continuing-operations-profit-drops-revenue-declines
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tonytony Veteran	14-Aug-2026 08:21        tonytony About Contact  Quote this Post!
x 0   x 0  Alert Admin	Total dividend : 1 plus 6 = 7cts .
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trader1970 Elite	14-Aug-2026 08:12        trader1970 About Contact  Quote this Post!
x 0   x 0  Alert Admin	News Release Olam Group reports PATMI of S$1.9 billion, up 488.7% year-on-year for H1 2026 declares total dividends of 7.0 cents per share ? Higher PATMI due to total one-off gain of S$1.75 billion, comprising gains from the disposal of 44.58% stake in Olam Agri (?Tranche 1?) and 100.0% interest in Mindsprint, and fair value gain on the valuation of the put and call option for the remaining stake in Olam Agri. ? Adjusting for the S$1.75 billion one-off gain and non-cash foreign exchange gains recorded in H1 2025, Operational PATMI from continuing operations1 grew by S$84.7 million to S$64.4 million year-on-year. ? Net gearing down from 2.09 times to 0.93 times on reduced net debt with de-leveraging at OGH from divestment proceeds and lower working capital related debt in ofi. ? Board declares total dividends of 7.0 cents per share, comprising an interim ordinary dividend of 1.0 cent per share and a special dividend of 6.0 cents per share. Olam Group?s Executive Director and CEO of ofi A. Shekhar said : ?The first half of 2026 marks an important milestone in Olam Group's journey. Following the completion of the first tranche of the Olam Agri transaction, we have significantly strengthened our balance sheet, enhanced financial flexibility and demonstrated our ability to unlock value for shareholders. ? At ofi , our performance demonstrates the resilience of our integrated business model. Despite continued market volatility and geopolitical uncertainty , we delivered stable earnings with significant reduction in capital deployment, leading to improved capital efficiency , strong cash generation and higher net earnings. ? Looking ahead, we remain focused on investing selectively behind growth opportunities while maintaining capital discipline. We are confident that these foundations will continue to support long-term value creation for both ofi and Olam Group stakeholders . ? Olam Group?s CFO Venkataraman Krishnan said : ? Our financial results today reflect a less complex, more focused and financially stronger business. Olam Group will continue to focus on long-term growth and capital efficiency in ofi and execution of the divestment programme in OGH. ?
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