Latest Forum Topics /
Olam Group
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Olaim Group Financial Results
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eddyeddy
Master |
11-Sep-2023 16:03
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I vestors don't believe the clarification by the management . | ||||
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luckyguy3
Master |
11-Sep-2023 14:11
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typical dilemma, do you collect now at cheap price or u dun touch a falling knife? | ||||
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7ocean
Master |
11-Sep-2023 14:02
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Mati Lor... Lau sai
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ahbui8
Master |
11-Sep-2023 13:31
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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. | ||||
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easywin
Supreme |
11-Sep-2023 12:56
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Can just short at opening after lifted? | ||||
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Alignment
Elite |
11-Sep-2023 12:29
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So a pretty clear refutation from Olam, as I would have expected.
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bechaotic
Member |
11-Sep-2023 11:39
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Omg!  The ' muddy water' short-selling game coming back again from 2012 to haunt Olam ?? | ||||
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FATABA
Supreme |
11-Sep-2023 11:13
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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. 
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Alignment
Elite |
11-Sep-2023 10:27
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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.    |
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eddyeddy
Master |
11-Sep-2023 10:17
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Got scammed ? | ||||
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7ocean
Master |
11-Sep-2023 09:40
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Ji Pai BBQ liow... KNN 50B.....7th month festival We also burn so much
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Observers
Elite |
11-Sep-2023 09:19
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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?
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Jiyaji
Senior |
11-Sep-2023 07:35
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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 ...   
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ysh2006
Supreme |
11-Sep-2023 05:18
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It seem this Olam news not so hot many forumers no heed will it affect it share price traded in Sgx ?
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eddyeddy
Master |
10-Sep-2023 21:56
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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.
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eddyeddy
Master |
10-Sep-2023 21:55
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https://www.primebusiness.africa/olams-50b-forex-scandal-sparks-sss-investigation/ | ||||
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ysh2006
Supreme |
10-Sep-2023 21:42
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Heard this company have a Africian base company it do foreign exchange too... | ||||
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halleluyah
Supreme |
08-Sep-2023 09:21
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fr coming ipo tis year ?
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tonytony
Veteran |
08-Sep-2023 09:12
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Sbb almost very day | ||||
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halleluyah
Supreme |
08-Sep-2023 09:00
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accumulate olamie... | ||||
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