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Olam International
Broker's Calls
Olam may be shunned but is growth set to stun?
SINGAPORE (Nov 16): DBS Group Research is maintaining its “hold” recommendation for Olam International, as the stock is expected to trade within its range for the near term.
November 16, 2016
Results
Olam 3Q earnings fall 8.6% to $20.5 mil
SINGAPORE (Nov 14): Olam International has posted 3Q earnings down 8.6% to $20.5 million in 3Q16, compared to $22.5 million in the same quarter last year.
November 14, 2016
Market Close
STI closes 0.1% lower at 2,813.87
SINGAPORE (Oct 31): Singapore's benchmark stock index closes little changed, surviving weak global cues like several of its Asian peers.
October 31, 2016
The Edge Billion Dollar Club
Supermarket and grocery store operators lead the pack in commerce sector
SINGAPORE (Oct 25): Home-grown supermarket chain operator Sheng Siong Group is not exactly a fast-growing company. Yet, against a backdrop of soft economic growth and volatile costs, its resilience has made it something of a star performer.
October 25, 2016
Stocks To Watch
China Auto Electronics, HPH Trust, FCL, GL, Olam, CRCT
SINGAPORE (Oct 25): Here are some factors and stocks that could move the market this Tuesday morning:
October 25, 2016
In print this week
Olam takes a bet on big farms
SINGAPORE (Oct 14): Some of the largest farms in the US, with over 100,000 acres of land, run much like corporations, with hundreds of employees and teams of professional managers.
October 14, 2016
Betting on big farms
Corporates with money and technology could be on their way to dominating the US agricultural industry. The once-beleaguered Olam International is supplying seeds and machinery, and even doing some planting of its own.
October 14, 2016
Olam completes US$2 bil debt refinancing
SINGAPORE (Oct 13): Olam International says it has secured a revolving credit facility aggregating US$2.0 billion ($2.8 billion).
October 13, 2016
Commodity trader Olam hunts bolder deals after US$2 bil spree
(Sept 14): Olam International, one of the world’s largest food commodities traders, is targeting more acquisitions next year after a US$2 billion ($2.7 billion) spree since late 2014 involving deals in cocoa, peanuts and wheat.
September 15, 2016
Broker's Calls
Lower trading liquidity sees OCBC cease coverage on Olam
SINGAPORE (Aug 16): OCBC Investment Research on Monday says it is ceasing coverage on Olam International due to “severely reduced” trading liquidity.
August 16, 2016