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[STOCK] OLAM INTERNATIONAL LIMITED
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15-10-2013 10:45 AM
babylon Offline
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Thinking: Olam to pay penalty in cocoa 'cash and carry' violation settlement

http://www.reuters.com/article/2013/10/14/markets-cocoa-ice-idUSL1N0I41DX20131014

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15-11-2013 8:31 PM
babylon Offline
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Cool: OCBC Investment Research - 1QFY14 results mostly in line

http://www.ocbcresearch.com/pdf_reports/company/Olam-131115-OIR.pdf

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20-3-2014 10:45 AM
flexway Offline
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A blog entry by Kenneth Jeyaretnam that is worth a few minutes of your time reading. In it he said Temasek should have forced a restructuring of the company by buying Olam's debts for peanuts and just wipe out existing shareholders. That will be doing us, Spore citizens, a favour.

"The rational strategy would have been to buy the debt of Olam at a big discount to face value and then take control of the company by forcing a restructuring, wiping out the equity holders in the process. To make an irrationally generous offer for a failing company with public money is rewarding foreign shareholders at the cost of the Singaporean taxpayer and CPF holder. Temasek has a case to answer here and questions need to be asked."

Link: http://sonofadud.com/
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30-8-2014 8:52 AM
valueinvestor Offline
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Olam is a bad stock. Avoid it or short it

http://m.todayonline.com/business/olam-talks-sell-assets-after-profit-slide
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15-5-2015 8:29 AM
reiko Online
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The Business Times ‏@BTBreakingnews 2m2 minutes ago
Olam's Q1 profit plunges 92.1% to S$31.26m due to loss from bond buyback http://btd.sg/1GaPAE0 #Singapore
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15-5-2015 8:35 AM
ysh02 Online
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15-5-2015 8:29 AMreiko wroteThe Business Times ‏@BTBreakingnews 2m2 minutes ago
Olam's Q1 profit plunges 92.1% to S$31.26m due to loss from bond buyback http://btd.sg/1GaPAE0 #Singapore

This will turn it to " Zhu Char Hor Fun"...
dunseedunseedunsee
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15-5-2015 9:03 AM
bravo Online
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DJ Olam International's 1Q Net Profit Down 92%


By Huileng Tan


SINGAPORE--Olam International Ltd.'s (O32.SG) said Friday first-quarter net profit fell 92.1% from a year ago because of a one-time charge stemming from a bond buyback.

Net profit for the three months ended March 31 was 31.3 million Singapore dollars ($23.7 million) compared with S$396.1 million, Olam said in a statement to the Singapore Exchange.

Results this quarter include a net one-time loss of S$97.2 million mainly from the buyback of US$750.0 million worth of bonds due in 2018. The bond buyback is expected to generate interest savings of about S$55 million to $60 million a year over the next three years, said Olam.

Results in the same quarter last year were boosted by net one-time gains of S$293.9 million largely from a revaluation of its stake in stevia-sweetener producer PureCircle Ltd., as well as the sale and lease back of its almond assets in Australia.

Revenue fell 10.7% to S$4.3 billion as sales volume fell 33.2% with the company reducing volumes in or exiting lower-margin businesses.

Other than the foods staples and packaged foods business, all other businesses achieved higher Ebitda, said Olam.

Olam has cut spending and sold assets since it was targeted by short seller Carson Block and his company Muddy Waters LLC in November 2012.

In January, the company switched the start of its fiscal year to that month from July.
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11-1-2016 2:49 PM
valueinvestor Offline
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Olam acquires wheat milling, pasta-making assets in Nigeria for S$396m

http://www.todayonline.com/business/olam-acquires-wheat-milling-pasta-making-assets-nigeria-s396m
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11-1-2016 3:16 PM
win Online
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Hope Muddy water come to stir the mud. Ho Ho Ho
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29-2-2016 10:47 PM
reiko Online
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Channel NewsAsia ‏@ChannelNewsAsia 2m2 minutes ago
Olam goes into the red after writedown on its investment in sugar producer http://bit.ly/1oJ9r7s

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