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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

Olam Co-Founder and Group CEO Sunny Verghese

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

Olam International

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

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