$Olam Group (VC2.SG)$ Olam will dispose of its entire stake in port and logistics operator Arise P&L for a US$175 million consideration, as part of plans to monetise one of its units. The group said it entered into a conditional sale and purchase agreement with Equitane DMCC to dispose of its whole stake in Arise P&L, amounting to 161.1 million ordinary shares or around 32.4 per cent of the issued and paid-up shares in the company’s capital. The disposal aligns with its updated reorganisation pl...
Olam Group is in very bad shape actually, the Ceo always talking about unlocking values for shareholders is basically just paper talk alike those sales con man on the streets making up numbers to confuse shareholders. After selling off the whole Olam Agri away to Salic, the Ceo did not give any special dividend to shareholders from this sale of business and all of the cash instead are used up to clear debts. Olam Agri makes up of 60% of their...
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102543933
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I think that way too. If the CEO knows how to deal with all this hopefully he is going to make it this time. if a person fell and pick up will do much better I hope so.
Good morning mooers! Here are things you need to know about today's Singapore markets: - Singapore shares opened higher on Wednesday - Major U.S. Stock Indexes All Fell Slightly - Singapore to Hold General Elections on May 3 - Stocks to watch: C52, C6L and etc. - Latest share buy back transactions Market Snapshot Singapore shares opened higher on Wednesday: Today's Volume / Value: 84.57M / S$165.39M Advancers / Decliners: 108 / 73 US M...
$Olam Group (VC2.SG)$from the Reorganisation Update announcement this morning, Olam will eventually left with Olam Food Ingredient (OFI), after divesting Olam Agri and Remainning assets. Interestingly, they allocate US$500M for OFI and still exploring listing in London. Doesn't make much sense when existing Olam Group (OG) is left with OFI and still explore listing of OFI. Must well list OG because OG is OFI. Already spent hundreds of millions in 2021-2024 in restructuring O...
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ScorpioRebelliousTV
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The boss kind of those con man always twisting words to confuse investors. Now also no special dividend from sale of Olam Agri, all goes to the con man ceo pocket on his big salary package at Olam Group
wonghy
OPScorpioRebelliousTV
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The earlier restructuring is supposely list OFI in London. Management delayed the IPO, cited poor market condition due to Ukraine war. The war didn't stop FTSE to hit record high, and still no listing in sight till SAIC offers to buy OA. The board should stop trying to play up market sentiment and focus on unlocking value truely.
ScorpioRebelliousTV
wonghy
OP
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Now tariffs wars worldwide, I wonder how olam group gonna list Ofi for IPO in UK stock market, the Ceo seems to be a con man always looking for excuses and reasons on purpose to delay important matters. I always find these types of Ceo underpeforming when they think they can time the market conditions to launch ipo. There is no such things as perfect timing, Covid, Ukarine war, now tariffs war, future is unpredictable, if these type of ceo aims to launch their ipo under perfect conditions, then i can assure they are never going to launch their ipo, who knows what is gonna come next after tariffs war.
The Ceo of Olam Group will surely receive a lot of questions about how Olam Group is going to unlock values for shareholders espically after selling olam agri to Salic and its stock value has tumbled down below 0.9 What is the final total amount of special dividends that will be distributed to the shareholders after the sale of Olam Agri. $Olam Group (VC2.SG)$
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wonghy
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There will be no special dividend for the sale of Olam Agri tranche 1 which amount to US$2.5B If you look at the Reorganisation Update announced this morning, US$2B goes into paying debt, US$500M for Olam Food Ingredient. Special dividend will only declare for sale of the remainning Olam assets. A big disappointment to investors.
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
Who can predict : it time to let go before shareholders dump their share