Olam Group    Last:1.24    -0.01

Olaim Group Financial Results

Heng, on the day I queued did not manage to sell and ther very next day was overseas till today and I just returned to SG about 2 hours ago. Didn' t touch or even follow market news until now and of course, good news that Olam clarified that no fraud based on interal audit. Not out of the wood yet and I will sell tomorrow if it stay above 99 cents minimum. If manage to sell, it will cut my average holding cost for the remaining position significantly and it will be in a ' fightable' position and could be even attain paper gain once dividend is declared. 

HVRRVH      ( Date: 08-Feb-2024 10:15) Posted: Gotten 89. Queuing to sell at 93. This is short term strategy, rinse and repeat. I am a long term holder in this overall.

 

Errrr.. spore might be worst..
Remember cordlife board say no disclosure on temperature issue as immaterial?
Noble board say murky water no proof ? fake ..etc
And many many incidents .. i lose my faith in spore corporate governance..

 

Errr because its Nigeria. Look at where they rank on the corruptions index. You can' t treat it like Singapore you know...

moonsun      ( Date: 19-Feb-2024 14:27) Posted: If internal audit found no evidence.. Hmmm .. why govt investigate leh ? Better exit whilst gap up.. Dyodd. Gd luck

 

haha have to clear resistance 105 and 110 first lah ...

nt sure have anymore bad news left leh

nt sure will have rerating of tis counter

spanky      ( Date: 19-Feb-2024 14:17) Posted: Ya man, looking forward to 1.80...  Alignment      ( Date: 19-Feb-2024 10:35) Posted: I said for some time this was the likely outcome. The Saudis want to make money on their investment. To do so the share price would implicitly have to more than double from here.

 

Yes, catches the wind. Is time to set said.
Sui

 

Holding well at $1 today .  Result is on the 28th Morning ....let see if the 4.5c angpow of different . 
Also I think it is time for an update on the listing situation. 
Dyodd

vivacious      ( Date: 19-Feb-2024 11:14) Posted: sold at 985... 10 lots nia FATABA      ( Date: 19-Feb-2024 10:15) Posted: wow u got in at the right timing ....congrate,  And if listing is Reconfirm ,,,it will go back even higher.  Some internal staff benefited  Dyod

 

If internal audit found no evidence..
Hmmm .. why govt investigate leh ?
Better exit whilst gap up..
Dyodd. Gd luck

 

Ya man, looking forward to 1.80... 

Alignment      ( Date: 19-Feb-2024 10:35) Posted: I said for some time this was the likely outcome. The Saudis want to make money on their investment. To do so the share price would implicitly have to more than double from here.

 

sold at 985... 10 lots nia

FATABA      ( Date: 19-Feb-2024 10:15) Posted: wow u got in at the right timing ....congrate,  And if listing is Reconfirm ,,,it will go back even higher.  Some internal staff benefited  Dyodd vivacious      ( Date: 16-Feb-2024 20:37) Posted: bad news priced in already....the only way is up.

 

I said for some time this was the likely outcome. The Saudis want to make money on their investment. To do so the share price would implicitly have to more than double from here.

 

 

wow u got in at the right timing ....congrate, 
And if listing is Reconfirm ,,,it will go back even higher. 
Some internal staff benefited 
Dyodd

vivacious      ( Date: 16-Feb-2024 20:37) Posted: bad news priced in already....the only way is up.

 

You made a good call...congrats

vivacious      ( Date: 19-Feb-2024 09:37) Posted: Olam Group Says Audit Committee Has Found No Evidence of Fraud The Singapore-listed company said all its businesses in Nigeria continue to operate normally

 

The Singapore-listed company said all its businesses in Nigeria continue to operate normally

 

 

still lots of selling pressures last week
trade with expectations and alertness
dyodd 

 

There has been to SOUND or PICTURE of the purported issues

vivacious      ( Date: 16-Feb-2024 20:37) Posted: bad news priced in already....the only way is up.

 

bad news priced in already....the only way is up.

 

Full year results on 28 Feb. Expecting poor results with all bad news factored in, but hoping the worst is over by then...dyodd.

 

queue at 87

 

some selling today
well absorbed 💪

 

Wind blowing