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Africa issue will be a drag, but likely worst outcome is heavy fine, which is one-off. Worrisome is the high interest now, given it' s debt level ( but mgt did say will increase commoditiy price to cover this costs). Dyodd, vested....sigh.
Guess ,many cut loss already
Oh...ok, miss that news. That' s some consolation, may be they bought again today.
FATABA ( Date: 26-Oct-2023 14:55) Posted:
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wt!!!!! 88 cents now!!!!! fomo!!!
Hmm did I miss it or NO one here wish to share about Kewalram Spore Limited ...one of Olam large SH
increased it holding by 250,000/262000 shares if not wrong on 25th Oct ( filed w SGX)
So we never know who is the party which started pushing it down from $1+ and now could be accumulating
PLEASE DYODD
this bb always gain.
increased it holding by 250,000/262000 shares if not wrong on 25th Oct ( filed w SGX)
So we never know who is the party which started pushing it down from $1+ and now could be accumulating
PLEASE DYODD
this bb always gain.
after a long hiatus, i think mgmt has commenced sbb this morning
just my observation
just my observation
congrats, i really no guts to buy at 795/80
Tempest ( Date: 26-Oct-2023 14:33) Posted:
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kateks this morning die pain pain
congratulations to those who bought at 0.8 this morning.
thanks for the link , do you have the full article? wonder what is going on in Africa.....this Olam mgt certainly need to update SH ....WHY SGX never query them w
so sharp drop in share price. ( sleeping again )
While French multinationals in Gabon have gone broke like Rougier and Necotrans or battle with the presidency like Veolia and Eramet, Indo-Singaporean group Olam has gone from strength to strength. The man behind its success, its Gabon country director Gagan Gupta, has succeeded in forging close links with the Gabonese presidency
so sharp drop in share price. ( sleeping again )
While French multinationals in Gabon have gone broke like Rougier and Necotrans or battle with the presidency like Veolia and Eramet, Indo-Singaporean group Olam has gone from strength to strength. The man behind its success, its Gabon country director Gagan Gupta, has succeeded in forging close links with the Gabonese presidency
Thiamm ( Date: 26-Oct-2023 09:51) Posted:
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V shape !
https://www.choiseul-africa-businessforum.com/en/gagan-gupta-2/
https://www.africaintelligence.com/central-africa/2018/08/09/gagan-gupta-ali-bongo-s-favourite-indian-tycoon,108319709-ge0
https://www.africaintelligence.com/central-africa/2018/08/09/gagan-gupta-ali-bongo-s-favourite-indian-tycoon,108319709-ge0
否 极 泰 来
50B small? i am not really sure but i am really shitty with this olam..
Tob231 ( Date: 26-Oct-2023 09:24) Posted:
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this counter is overly suppressed/sold and the equal opposite force is building up .... any opportuntistic group/s might seize it
tempest could be right .... anger and feeling resentment can be a powerful force to be reckoned with.
someone said olam in nigeria constitute a small percentage maybe that' s why no news .... what news to expect ..... nigeria ... corruption ... !!!! hahaha
once investors see through all the crazy hype, i think the next wave will come in
patience .... dollar buy averaging ....
tempest could be right .... anger and feeling resentment can be a powerful force to be reckoned with.
someone said olam in nigeria constitute a small percentage maybe that' s why no news .... what news to expect ..... nigeria ... corruption ... !!!! hahaha
once investors see through all the crazy hype, i think the next wave will come in
patience .... dollar buy averaging ....
6cts dividend, below 0.85 is 7% yield. knn just buy liao lo. 
0.79 seems like the bottom
always two sides of a coin. newton' s third law comes in.
why chose 80c as the wall ?
why chose 80c as the wall ?
Is it time to buy the dip? 0.795 to 0.800 looks attractive eh
2500 lots of seller at 0.8.. shitty liao