Olam Group    Last:1.26    +0.03

Olaim Group Financial Results

The SBB has been ongoing since results released on daily basis! It started with 750K shares daily and gradually dipped to 250K toward the XD and now post XD the SBB volume is back up to. 500K. 

moron101      ( Date: 04-May-2024 10:33) Posted: When will SBB start? If follow CLI should be next Monday. Let's see on Monday. HVRRVH      ( Date: 03-May-2024 21:16) Posted: On XD itself indeed SBB increased, not quite 750000 SBB but still a 100% from 250000. Should go back up to 750000 daily SBB if the share price weaken.

 

Price action on this one not looking good at all.

Same like starhub.

Unlike starhub in that its business is so much more complex.

I'd go for a more simple one to understand.

I'm only a simple bear

 

When will SBB start? If follow CLI should be next Monday. Let's see on Monday.

HVRRVH      ( Date: 03-May-2024 21:16) Posted: On XD itself indeed SBB increased, not quite 750000 SBB but still a 100% from 250000. Should go back up to 750000 daily SBB if the share price weaken. HVRRVH      ( Date: 29-Apr-2024 11:19) Posted: XD in 4 days, look like can' t breach 1.2 let alone 1.25 and price is likely to drop upon XD. Expect to see company increase SBB amount to 750,000 shares per day. Let' s see.

 

On XD itself indeed SBB increased, not quite 750000 SBB but still a 100% from 250000. Should go back up to 750000 daily SBB if the share price weaken.

HVRRVH      ( Date: 29-Apr-2024 11:19) Posted: XD in 4 days, look like can' t breach 1.2 let alone 1.25 and price is likely to drop upon XD. Expect to see company increase SBB amount to 750,000 shares per day. Let' s see.

 

A bit of technical talk here. If the buyers are genuine, then $1.15 should be well supported unless the same buyers have managed to sell above $1.2. Not discounting that since the price have hit high of $1.22 or 23 if I remember correctly. Regardless, I see value below $1.1 and if it come to that, it is time to add again proportionally just in case the price get push down below $1. Next round of dividend in Aug and at least 3 cents is expected. 

HVRRVH      ( Date: 08-Apr-2024 14:49) Posted: Small clarification. It' s about 1m and not 2m got bought at 2:27 pm at one go. Fat finger. My bad.  HVRRVH      ( Date: 08-Apr-2024 14:33) Posted: About 2 millions shares at 1.17-1.19 at asked was scoop up by a single buyer at 2:27 pm. Now sellers are defending 1.19. Hope to see 1.2 get cleared and onward to 1.25 for the real test!

 

Last push before XD tomorrow. Likely to settle 1.2 at closed. See how. 

 

The gating item for an Olam Agri IPO is regulatory/technical, not geopolitical. Olam Agri will be the first non Saudi company listed in Saudi so they need time to sort out the listing issues.

The gating item for an OFI IPO is geopolitical, or rather market conditions based. Market conditions on LSE a bit fickle.

It did seem to me though from the results presentation that Olam are considering alternative crystallisation events if the timing of these events continue to get pushed out.

 

Any time if geopoiticsl situation improve..

eddyeddy      ( Date: 25-Apr-2024 22:17) Posted: Did the management disclose the ipo date for olam Agri in AGM today ?

 

XD in 4 days, look like can' t breach 1.2 let alone 1.25 and price is likely to drop upon XD. Expect to see company increase SBB amount to 750,000 shares per day. Let' s see. 

 

Did the management disclose the ipo date for olam Agri in AGM today ?

 

You are not ignorant. My post was not written well.

My view is that Olam is a very complex business that is difficult to analyse, and for that reason is valued less than it otherwise might have been. In contrast Capitalandinvest portrays itself (successfully to a degree) primarily as a fund manager whereas I see it primarily as an investment company. The earnings of fund managers earn a higher multiple than for investment gains because the former is more obviously replicable, so based on my logic a higher valuation multiple is applied to Capitalandinvest by the market than it deserves.

 

 

Pardon my ignorance. Which is underestimated and which is overestimated? And why?

Alignment      ( Date: 22-Apr-2024 17:58) Posted: Personally I don' t like either leg of that trade. I think both stocks are misunderstood by the market, one underestimated and the other overestimated. Olam I can understand because the business is structurally complex. But Capitaland invest markets itself primarily as a fund manager whereas it is clearly primarily an investment company.

 

Either to defend a fall in share price, or accumulating treasury shares at lower prices.
Smart management.

Alignment      ( Date: 24-Apr-2024 18:29) Posted: Olam management pretty punchy continuing to buy back shares at these levels.

 

Olam management pretty punchy continuing to buy back shares at these levels.

 

Personally I don' t like either leg of that trade. I think both stocks are misunderstood by the market, one underestimated and the other overestimated.

Olam I can understand because the business is structurally complex. But Capitaland invest markets itself primarily as a fund manager whereas it is clearly primarily an investment company.

 

sold and move to capitaland invest

 

Up down up down testing 1.2 with 1.1 to 1.15 baiting sellers to sell. XD should remain a true test to see how aggressive sellers are, they would seize the excuse/reason of XD to sell down. Personal guess is that 1.1 should hold if it doesn' t at least test 1.25 before XD. If it hit 1.25 level, then 1.15 should hold. Let' s see, about 2 more weeks to find out. 

 

Or push down

Boatman      ( Date: 12-Apr-2024 09:51) Posted: matter of time BB will push it high high soon.. slowly pushing up now

 

The concern is when? Price seems to be falling lately. Don' t see any SBB queue also.

 

matter of time BB will push it high high soon.. slowly pushing up now