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Olaim Group Financial Results

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Tob231
    01-Feb-2024 22:26  
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wish you all the best .... may i asked why you like north wind ?
why not east wind  万 事 俱 备 , 只 欠 东 风
or west wind .... understand in some country west wind is good and east wind not so good because the wind comes from the desert ... very hot will dry up all the crops
​ so far don' t hear south wind 
 
 
HuatAh7898
    01-Feb-2024 21:39  
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North wind will blow soon
watch it
huat ah!

Goodwill77      ( Date: 01-Feb-2024 20:29) Posted:

Ai chiong liao boh?

 
 
Goodwill77
    01-Feb-2024 20:29  
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Ai chiong liao boh?
 

 
Alignment
    01-Feb-2024 19:12  
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The big drivers are 1) sale/IPO of Olam Agri, followed by 2) sale/IPO of OFI. The first of these is scheduled in 2024. It may slip, but while it would be better for investors were it not to, even if it did slip to 2025 investors are likely to end up happy. More than doubling one&rsquo s money in say three years is a pretty good result. But one needs to believe the opportunity is there in order to have conviction to hold for potentially years and potentially through the boring/negative share price periods. That is why one needs to do one&rsquo s own research in order to build that conviction. Definitely do not take my word on it. Relying on what other people say is unlikely to provide the strength of conviction to hold.

Tob231      ( Date: 01-Feb-2024 10:24) Posted:

what is the push for this counter ?
it has been like that for more than 6 months .... not going to be stuck for another 6 months
i exited another counter .... price also dropped significantly but boh lat few million dollars would have sent the stock going ..... 
nobody chat so boring except one soul down down down .... boring 

Alignment      ( Date: 31-Jan-2024 14:35) Posted:

If you look at how much the Saudis paid for their stake in Olam Agri, the implied value for Olam is somewhere above S$2 a share.

Now, the Saudis have done (a lot) more work than I have in terms of analysis and also have had access to more information. 

So my interest in this company is on the basis that eventually the Saudis themselves will make money on their effective S$2+ per share investment. They might fail of course - that is always the risk in investing.

So a couple of cents here or there in terms of share price move does not mean much to me


 
 
Alignment
    01-Feb-2024 18:57  
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What can Saudi do? I think we need to take a step back from all the rumours (about which none of us know anything concrete) and look at the key players. Insofar as Nigeria has the ability to hurt Olam, they would be taking on Singapore, which probably does not worry them too much. But they almost certainly would worry about annoying Saudi, especially given the current geopolitical environment. Ultimately I doubt Nigeria will do anything major to Olam, whatever the truth of the matter.

Tob231      ( Date: 01-Feb-2024 10:19) Posted:

share the same thought ... just not comfortable when it kept hovering around 0.89
what can Saudi do to the situation that cloud this counter ???
just imo
not saying it won' t move or what .... 

 
 
Tob231
    01-Feb-2024 11:47  
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Yes, finally the shortists are retreating and moving away from 8 to 9 series
safe now 
 

 
Tob231
    01-Feb-2024 10:30  
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DPM Lawrence to deliver budget speech at 3.30pm on 16 Feb ... hope something good
 
 
Tob231
    01-Feb-2024 10:24  
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what is the push for this counter ?
it has been like that for more than 6 months .... not going to be stuck for another 6 months
i exited another counter .... price also dropped significantly but boh lat few million dollars would have sent the stock going ..... 
nobody chat so boring except one soul down down down .... boring 

Alignment      ( Date: 31-Jan-2024 14:35) Posted:

If you look at how much the Saudis paid for their stake in Olam Agri, the implied value for Olam is somewhere above S$2 a share.

Now, the Saudis have done (a lot) more work than I have in terms of analysis and also have had access to more information. 

So my interest in this company is on the basis that eventually the Saudis themselves will make money on their effective S$2+ per share investment. They might fail of course - that is always the risk in investing.

So a couple of cents here or there in terms of share price move does not mean much to me.

Tob231      ( Date: 31-Jan-2024 11:01) Posted:

Wow ... you must be a seasoned investor ... this counter is not for short term investor.  
 


 
 
Tob231
    01-Feb-2024 10:19  
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share the same thought ... just not comfortable when it kept hovering around 0.89
what can Saudi do to the situation that cloud this counter ???
just imo
not saying it won' t move or what .... 
 
 
crazy_fave
    01-Feb-2024 09:41  
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I totally concur. No risk, no gain as the saying goes. smiley

Alignment      ( Date: 31-Jan-2024 14:35) Posted:

If you look at how much the Saudis paid for their stake in Olam Agri, the implied value for Olam is somewhere above S$2 a share.

Now, the Saudis have done (a lot) more work than I have in terms of analysis and also have had access to more information. 

So my interest in this company is on the basis that eventually the Saudis themselves will make money on their effective S$2+ per share investment. They might fail of course - that is always the risk in investing.

So a couple of cents here or there in terms of share price move does not mean much to me.

Tob231      ( Date: 31-Jan-2024 11:01) Posted:

Wow ... you must be a seasoned investor ... this counter is not for short term investor.  
 


 

 
Tob231
    31-Jan-2024 17:59  
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Indeed, you are very analytical. Salute 
Thanks for bringing my attention to Saudi
 
 
Alignment
    31-Jan-2024 14:35  
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If you look at how much the Saudis paid for their stake in Olam Agri, the implied value for Olam is somewhere above S$2 a share.

Now, the Saudis have done (a lot) more work than I have in terms of analysis and also have had access to more information. 

So my interest in this company is on the basis that eventually the Saudis themselves will make money on their effective S$2+ per share investment. They might fail of course - that is always the risk in investing.

So a couple of cents here or there in terms of share price move does not mean much to me.

Tob231      ( Date: 31-Jan-2024 11:01) Posted:

Wow ... you must be a seasoned investor ... this counter is not for short term investor.  
 

 
 
HVRRVH
    31-Jan-2024 12:00  
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If it go up to 92.5 cents I will sell. Small volume up big volume down, fed up. If BBs don' t want me to hold more then that' s fine. 

HVRRVH      ( Date: 22-Jan-2024 10:43) Posted:

Added a bit at 90 cents but it seems price weakness will persist for a while.

HVRRVH      ( Date: 28-Dec-2023 14:58) Posted:

Ok I have now till end of Feb 2024 for the price to come back down to around 97.5 before I add again. If it doesn' t come to that level that' s fine too, then I will see what' s the dividend amount and development on Nigeria saga and IPO matter. Let' s wait and see. 


 
 
Tob231
    31-Jan-2024 11:01  
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Wow ... you must be a seasoned investor ... this counter is not for short term investor.  
 
 
 
Alignment
    31-Jan-2024 10:53  
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I' m not a short term investor and don' t have the requisite skills, so unfortunately I cannot help in divining short term movements in share prices. 
 

 
Tob231
    31-Jan-2024 10:52  
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now at the door step 0.89 .... shoo shoo go away ... don' t even try
 
 
Tob231
    31-Jan-2024 10:50  
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don' t think they will be test again the third time .... alignment, what do you think ???
 
 
Tob231
    31-Jan-2024 10:34  
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coast should be clear now ... touch $0.89 twice .... alignment is right 
 
 
Tob231
    31-Jan-2024 10:33  
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finally going up again .... ready to go for CNY
 
 
Tob231
    30-Jan-2024 18:31  
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my bad ... i am referring to those who are saying time to go up. how when the situation has not been resolved
you are right asset value is good .... if any sensational news happened again, it will go down further.
good that the major shareholders stepped in to shore up the confidence.
thankfully the support came in at the closing. else 1pip down 0.885 
not vested. baywatch 
 
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