Post Reply
1281-1300 of 1516
I vestors don't believe the clarification by the management .
typical dilemma, do you collect now at cheap price or u dun touch a falling knife?
Mati Lor... Lau sai
ahbui8 ( Date: 11-Sep-2023 13:31) Posted:
|
So fishy, maybe trying to attack in order to collect cheap. With the recent SBB, BBs really very difficult to collect very big lots in this counter.
Can just short at opening after lifted?
So a pretty clear refutation from Olam, as I would have expected.
FATABA ( Date: 11-Sep-2023 11:13) Posted:
|
Omg! The ' muddy water' short-selling game coming back again from 2012 to haunt Olam ??
I think this type of article HEADLINE is certainly for creating FEAR. wishing the public will dump it on opening .
Certainly OLam is right to halt the counter and awaiting their clarification is best.
Amount stated DO NOT tally at all to the balance sheet LOL
We know that plans are on its way to be listed early 2024 ....mths away . ( do we suspect the objective and timing of some sources ? )
Anyway Temasek is the MAJOR shareholders ....I believe they look at the account clearer then those sources .
Awaiting the news patiently . DYODD pls.
Certainly OLam is right to halt the counter and awaiting their clarification is best.
Amount stated DO NOT tally at all to the balance sheet LOL
We know that plans are on its way to be listed early 2024 ....mths away . ( do we suspect the objective and timing of some sources ? )
Anyway Temasek is the MAJOR shareholders ....I believe they look at the account clearer then those sources .
Awaiting the news patiently . DYODD pls.
Alignment ( Date: 11-Sep-2023 10:27) Posted:
|
Notwithstanding the trading halt, some of the article seems exaggerated.
The ICE " substantial monetary penalty and disgorgement of profit" relates in total, I think, to US$461k only... ie an amount Olam would generate revenue in literally less than 5 minutes
The US$262m Ivory Coast fine in 2021 is clearly a large number, but can anyone see it in the accounts? I tried (briefly) and I cannnot find it, and US$262m is a large enough number that it would show up. If anyone does see it in the accounts can they point it out - would be much appreciated.
The ICE " substantial monetary penalty and disgorgement of profit" relates in total, I think, to US$461k only... ie an amount Olam would generate revenue in literally less than 5 minutes
The US$262m Ivory Coast fine in 2021 is clearly a large number, but can anyone see it in the accounts? I tried (briefly) and I cannnot find it, and US$262m is a large enough number that it would show up. If anyone does see it in the accounts can they point it out - would be much appreciated.
Got scammed ?
Ji Pai BBQ liow... KNN 50B.....7th month festival We also burn so much
Observers ( Date: 11-Sep-2023 09:19) Posted:
|
Jialat. Is this a side effect of France (EU) losing control of Francophone North Africa due to support from BRICS? Esp the R in BRICS?
eddyeddy ( Date: 10-Sep-2023 21:56) Posted:
|
The company' s answer is to call for a trading halt .... while they come up with some spin to to this story while lining their own pockets with SBB follwed by stock options exrecise when price falls on such news ...
ysh2006 ( Date: 11-Sep-2023 05:18) Posted:
|
It seem this Olam news not so hot many forumers no heed will it affect it share price traded in Sgx ?
eddyeddy ( Date: 10-Sep-2023 21:56) Posted:
|
BUSINESS/LATEST NEWS
Olam?s $50B Forex Scandal Sparks SSS Investigation
By Emmanuel Ochayi
21 hours ago4 mins read
SHARE THIS
The State Security Service (SSS) has initiated a thorough investigation into a massive economic fraud scandal involving Olam Nigeria Limited, Olam International, and their nine subsidiaries, with an astonishing sum exceeding $50 billion at its core.
This groundbreaking expose brings to light a web of financial deceit and underhanded dealings that have allegedly plagued the nation for years.
eddyeddy ( Date: 10-Sep-2023 21:55) Posted:
|
https://www.primebusiness.africa/olams-50b-forex-scandal-sparks-sss-investigation/
Heard this company have a Africian base company it do foreign exchange too...
fr coming ipo tis year ?
tonytony ( Date: 08-Sep-2023 09:12) Posted:
|
Sbb almost very day
accumulate olamie...