| Latest Forum Topics / Olam Intl |
|
|
STI 3,000 boosted by pivot investors mkt players
|
|||||
|
flylow6
Senior |
08-Mar-2018 17:01
|
||||
|
x 0
x 0 Alert Admin |
see you at 2.40 Olam 
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
08-Mar-2018 16:42
|
||||
|
x 0
x 0 Alert Admin |
Yes firing up ...2.40 on its way | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
FATABA
Supreme |
08-Mar-2018 13:10
|
||||
|
x 0
x 0 Alert Admin |
Cleared 2.30 and now on its way to its 52wk high......will it set a new high ? Only time will tell .... Happy investing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
flylow6
Senior |
08-Mar-2018 10:13
|
||||
|
x 0
x 0 Alert Admin |
Haha... creeping up  2.30 from now on..  ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
08-Mar-2018 09:50
|
||||
|
x 0
x 0 Alert Admin |
Cleared .....let it digest and march on :))
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
flylow6
Senior |
07-Mar-2018 11:45
|
||||
|
x 0
x 0 Alert Admin |
flirting at 2.29...  waiting to clear 2.30.. ![]()   |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
06-Mar-2018 15:30
|
||||
|
x 0
x 0 Alert Admin |
The market takes a 180deg turn today plus power.  So those retailers who sold off low lost to those BB who buy up happily w profit today > Whatever, OLAM is powering on .....clear 2.30 for a good rise ....awaiting patiently . Once clear maybe on its way to a  new 52wks high. ( previous 2.47) DYODD
|
||||
| Useful To Me Not Useful To Me | |||||
|
Leongsan
Senior |
05-Mar-2018 11:28
|
||||
|
x 0
x 0 Alert Admin |
Both T and M need the management and V and crew about  7% plus. Theywould  want a high exit
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
flylow6
Senior |
05-Mar-2018 11:17
|
||||
|
x 0
x 0 Alert Admin |
Olam holding on strong today..where market is red..  | ||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
04-Mar-2018 23:56
|
||||
|
x 0
x 0 Alert Admin |
Its late but just off my head....T and M tgt have about 75% .....Olam is a great source of food stuff for many countries and certainly a good source with upper and lower chain .  I am very certain both have a v long term view. Just my wish ( ok guess) .....totally not surprise these 2 can collaborate to take it private for both Spore and Jpan .... Easy for them to pay a premium to buy out the 25%....oh jus a wild guess. Whatever, base on current report ....Olam do expect good result and margins over the next few years .
|
||||
| Useful To Me Not Useful To Me | |||||
|
Leongsan
Senior |
04-Mar-2018 13:44
|
||||
|
x 0
x 0 Alert Admin |
The way I see it, Chanrai is looking for an exit but at a good price. Last sale to M ant $2.75.  M is now below 20% and they are big long-term  players in partnership with T. Someone had been collecting past few months. Obis 7% will make a compulsory acquisition difficult
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
03-Mar-2018 22:03
|
||||
|
x 0
x 0 Alert Admin |
Thanks RM....very detailed from the recent agm.  I guess from various response, mgt of OLAM wld very much like Olam to continue to float . Including share buy back ( which is limited now due to this 10% ) ....WHICH IS V POSIITVE ...meaning can support higher share price. Eventually ....keeping this 10% free float is going to be tough each year which mgt stock options .... Extra cash can only be invested into new bz or returned to shareholders ...which spell higher dividends and normally resulted in higher share prices. DYODD " Unidentified Analyst Bruce from ANZ. I&rsquo m just interested in the free float requirement of the stock exchange. Is there an expected time line where the stock exchange will give you the lenience to the I think in April? Sunny Verghese Yes. As for the stock exchange, we need to have 10% free float to remain listed. We have lost that free float at this point in time. We were expecting the free float to be restored with the conversion of the warrants, which was &ndash which happened on the 28th of January. However, because some of the existing shareholders have accreted some shares, that did not happen. The next milestone is we have the restricted share awards to the management team and the performance share awards to the management team which will vest on 1st of April. When those vest, we will restore our free float about 10%, barring any of the existing shareholders not buying more shares and remaining at that level. So we are in discussions with the stock exchange and we have given them this plan. And we will wait and see what happens in April. But our view today is that with the vesting of the performance share awards and restricted share awards in April, we will restore our free float and therefore continue to remain listed." "
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
rainbowman
Senior |
03-Mar-2018 15:32
|
||||
|
x 0
x 0 Alert Admin |
https://seekingalpha.com/article/4151510-olam-internationals-olmif-ceo-sunny-verghese-q4-2017-results-earnings-call-transcript?part=single CEO already indicated ( so softly....lol) that free float is currently below 10%
|
||||
| Useful To Me Not Useful To Me | |||||
|
Leongsan
Senior |
03-Mar-2018 10:55
|
||||
|
x 0
x 0 Alert Admin |
They both are corporate and esp T should have good governance. The early interest expense is still money and there have to be valid  reasons for its action. Something is/was brewing. The early action triggers the free float issue( which they must know all the while) and why was there no immediate announcement  by the CEO when the warrant closes as promised when he announced the problem in October.     
|
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
01-Mar-2018 13:19
|
||||
|
x 0
x 0 Alert Admin |
My personal view is that for T and Chanrai ...the int exp is very small for them . However their move to exercise their warrants do speak volume on their confident and future of Olam  ( esp Temasek ) Early or late, I am sure they do plan to exercise .  As for Sunny ( LOL ) as in individual ...every day counts ( maybe) Anyway , the exercised warrant is a small % of their total holdings.  Not many shareholders look into this final few % Happy investing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Leongsan
Senior |
01-Mar-2018 11:55
|
||||
|
x 0
x 0 Alert Admin |
Fataba,  You are a follower of Olam. Any reasons you could think of as to why Temasek and Chanrai excercised  their warrants early? They could do it like Sunny Verghase  and do it at the last minute and save interest expense. Kindly ponder |
||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
28-Feb-2018 10:02
|
||||
|
x 0
x 0 Alert Admin |
Nett Profit is a cool $580M  ( over half a Billion) not bad for a commodity counter which was once " worth nothing " according to muddy water .LOL Dividend increased 25% to 7.5c a year. BV 2.06 Fundamentally its worth looking into for investment. DYODD. Happy investing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Reo_Reo
Member |
28-Feb-2018 09:25
|
||||
|
x 0
x 0 Alert Admin |
it keeps becoming cheaper and cheaper till i dun want to add alr lol.. theres no buying interest at the moment | ||||
| Useful To Me Not Useful To Me | |||||
|
FATABA
Supreme |
27-Feb-2018 15:35
|
||||
|
x 0
x 0 Alert Admin |
Still relatively strong ....let it flash out the early profit takers ......I think there is room to rise more Dyodd
|
||||
| Useful To Me Not Useful To Me | |||||
|
bishan22
Supreme |
27-Feb-2018 15:17
|
||||
|
x 0
x 0 Alert Admin |
Good results. Will it go higher... | ||||
| Useful To Me Not Useful To Me | |||||



