Latest Forum Topics /
Olam Group
Last:1.2
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Rex International
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HVRRVH
Elite |
23-Feb-2024 14:35
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Hit 92.5 but never get cos I am qiueuing at 90.5 now. Maybe stil can get but not too sure. Now the company should have entered embargo period prior to results release, their last act was the release of the report that internal audit found no fraud. Now on retrospect, some big BBs have made use of the news to let go at $1and above. As a long term holder in this, my bias view is that BBs got it wrong by selling. However, we never know, the sharp downward price movement, especially if support hold - my view is at 90.5 or above - could be instead of selling, there is big accumulation at lower prices. Let' s see. 
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Tob231
Elite |
23-Feb-2024 10:40
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🤔 you think it will go below 90c .... not sure certainly it has moved quite a distance from 86c ... maybe 90c is more realistic
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Boatman
Master |
23-Feb-2024 09:31
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Steady!! | ||||
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vivacious
Supreme |
21-Feb-2024 16:50
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wait below 90c safest | ||||
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HVRRVH
Elite |
21-Feb-2024 16:33
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Got a feeling will get. If not, I may move my q up to 92.5. See how. Time on my side.
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Alignment
Elite |
21-Feb-2024 10:24
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I' m not sure technical analysis is relevant for this particular stock at this particular point in time. The company has just come out with a significant piece of news. It is also about to announce its results, which will also contain price sensitive information. What this price sensitive information turns out to be, and how the market perceives this, is what will drive the share price. |
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SmallSmall
Supreme |
21-Feb-2024 10:18
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Olam Group (OLG SP) Trading buy range: S$0.975-0.980 Last price: S$0.990 Target price: S$1.120 Protective stop: S$0.930 The price has formed a bottom at S$0.87. It broke out from its recent price high and is moving far above the middle Bollinger band, aka the 20MA. The RSI is rising above its neutral level. These could increase chances of the stock price moving higher. The potential upside target is S$1.12. Stop-loss could be placed at S$0.93. Approximate timeframe on average: 1-2 weeks (initiate this trade idea if the stock hits the entry price range within three trading days |
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HuatAh7898
Supreme |
20-Feb-2024 23:44
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Will continue to add and increase Huat ah! |
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Battle123
Elite |
20-Feb-2024 18:14
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few obstacles cleared, shld fly up up de and back to the glorious days...
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Boatman
Master |
20-Feb-2024 15:33
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lets crash 995!! and chiong! | ||||
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Boatman
Master |
20-Feb-2024 15:05
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understand your concern.... but i think is already very discounted already
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FATABA
Supreme |
20-Feb-2024 14:50
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My concern now is the result on 28th Morning . I doubt it will be good base on all the situation , Hope I am wrong  Do be cautious DYODD
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HVRRVH
Elite |
20-Feb-2024 14:33
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Hope so as overall I am long, interjected with some short term trading here and there. Just want to be more cautious as it had a meltdown from 90 over censt $1 to 79.5 cents not long ago. 
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Boatman
Master |
20-Feb-2024 14:31
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clear $1 soon!! | ||||
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Boatman
Master |
20-Feb-2024 14:24
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hahah.. happy waiting... i think within a week should at least $1.30
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HVRRVH
Elite |
20-Feb-2024 14:18
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Personally I don' t trust the market. Will wait at 90.5. 
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Boatman
Master |
20-Feb-2024 14:15
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undervalue now!!!! buy and sell later | ||||
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HVRRVH
Elite |
20-Feb-2024 10:45
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Sold at $1. Now average holding price is $1.03. Fightable position, I like!
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moonsun
Veteran |
19-Feb-2024 23:17
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Lets hope for the best ? :)
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Alignment
Elite |
19-Feb-2024 20:08
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I hear and sympathise with you on the Singaporean examples you give. But while you are right about Singapore you don&rsquo t know Nigeria if you think Nigeria is better or even the same. As Leonardo DiCaprio said in Blood Diamond &ldquo TIA. This is Africa&rdquo .
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