Olam Intl   

Ramping up its capex

The target price so different within 1-2 weeks?  

zhuge_liang      ( Date: 21-Mar-2008 00:59) Posted: The recently-battered shares in Olam rose as much as 9.4% after UBS and Macquarie issued research notes saying the company's stocks were oversold. Olam hit a intraday high of $1.97, a day after the stock slipped 12.6% on rumours that the food and agricultural products firm has exposure to a commodities brokerage firm which has been hit by liquidity problems. Macquarie analyst Patrick Yau, who kept Olam at "outperform" at a target price of $3.82, said the recent sell-off in Olam's shares on Wed has created greater value in the stock. UBS analyst Gaurung Bhatia also said Olam's shares were oversold. "We believe there may be concerns about its working capital requirements given its high gearing levels and high commodity prices...the concerns are overdone and the stock should bounce back," Bhatia said.

 

Funny but still got people buy leh?????

 

okay found it , thanks for Google, haha...

http://sg.news.yahoo.com/rtrs/20080326/tbs-markets-singapore-stocks-a5a65c6.html

target price of 1.60 ? so cheap , sure or not...

 

where can i see the ML report of selling call? strange, what's the reason for selling call?

 

After studying Olam in details over the last few days/nights... hv a piece of well-intentioned advice for long term investors who may think of buying Olam on the dip. Please do thorough checks on Olam's balance sheet and cash flow situation.

I hv thought of buying Olam before but after studying the details, decided to beat a retreat. Better to stay away from Olam (Noble is not any better in case you asked but Olam looks more precarious to me.)

Above are fair comments. 178 is not responsible for your gains/losses.

 

Hi.. btw u gt the link to the report?

Eldarchen      ( Date: 26-Mar-2008 10:14) Posted: Yo, Merill downgrade the stock to sell today. Looks like profit taking with pressure

 

gee...at 2.01 now...looks like my SHORTIST battalion in action  liao siah ! :D

i thk it will see 1.90 end of the day ?!?! :P

cheers !

 

Yo,

Merill downgrade the stock to sell today. Looks like profit taking with pressure

 

today drop 20cents + liao.. wooo

 

Haha ya la, i know.. but u know, will still feel sian 1/2. I really waited the whole day hoping for my target 2.25 leh..

Then I see other counter all go mad.. cheong like no tml, so tempted to release this n go into others..

heng the one i enter on goldenagri still nw positive 3 cents. hope tml up another 3 cents then i contra off liao!

 

Hello...pengyuu....Don't laa.....

Sometimes its like that..... what....

always look at the bright side of it.....

What if the last 10mins. it tumble down by 10cts.....

Hah...what hv you to say.....

FRIEND...A BIRD IN A HAND IS WORTH TWO IN THE BUSH......

(forget liau ...hogn.)

....more better luck in furture....Cheers...!!!

freeme      ( Date: 25-Mar-2008 17:18) Posted: Abit sad. ... last 10 min up more than 10cents while i wait whole day it jam at 2.15..

 

Abit sad. ... last 10 min up more than 10cents while i wait whole day it jam at 2.15..

 

ok friend..buai pai...lei

as long as got make money .....ho sei liau....

Mai greedy...greedy...hogn..

Anyway congrats....!!!!

 

freeme      ( Date: 25-Mar-2008 15:12) Posted: Contra out at 2.15 liao..

 

Contra out at 2.15 liao..

 

Stuck v long liao.. buy not strong enough to push it up further..

com'on abit more onli..

 

Sure man....!!!!

Good Luck ....And  all d best to you.....!!

Olam.....c.....h.....i....o....n....g....!!! kee kaa liau......b ooooooo tan chun....!!!

he  he  he  ....( how about that ..???)

freeme      ( Date: 25-Mar-2008 09:46) Posted: Morning musante.. Currently hover abt at 2.15! 2.24 I will get out liao ;) Wish me gd luck.. hehe

 

Morning musante..

Currently hover abt at 2.15!

2.24 I will get out liao ;)

Wish me gd luck.. hehe

 

Morning....friend...

Sorri lei................

Gave you sala information yesterday,,..Never no angmos in New York do not celebrate EASTER DAY.....So only in ENGland they do ..hogn..

Anyway DOW did went up almost 200pts.So this will help to push STI also today...

(hopefully)....and all d best to you...today..hogn.

Once again ...THOUSAND APOLOGIES....for the mistake..friend.

And thanks to PinkyGoh for hiliting....!!!

freeme      ( Date: 24-Mar-2008 23:10) Posted: Tks..Anyway Dow dun seems to go red tonite.. hehe  Hope tml rally up more.. ;)  PinkyGoh      ( Date: 24-Mar-2008 22:11) Posted: DOW is not resting tonight.....here is their holiday for 2008 : 2008   New Year's Day   January 1   Martin Luther King, Jr. Day   January 21   Washington's Birthday/Presidents' Day*   February 18*   Good Friday   March 21   Memorial Day   May 26   Independence Day?   July 4?   Labor Day   September 1   Thanksgiving Day?   November 27?   Christmas?   December 25?

 

Tks..Anyway Dow dun seems to go red tonite.. hehe 

Hope tml rally up more.. ;) 

PinkyGoh      ( Date: 24-Mar-2008 22:11) Posted: DOW is not resting tonight.....here is their holiday for 2008 : 2008   New Year's Day   January 1   Martin Luther King, Jr. Day   January 21   Washington's Birthday/Presidents' Day*   February 18*   Good Friday   March 21   Memorial Day   May 26   Independence Day?   July 4?   Labor Day   September 1   Thanksgiving Day?   November 27?   Christmas?   December 25?

 

DOW is not resting tonight.....here is their holiday for 2008 :

2008   New Year's Day   January 1   Martin Luther King, Jr. Day   January 21   Washington's Birthday/Presidents' Day*   February 18*   Good Friday   March 21   Memorial Day   May 26   Independence Day?   July 4?   Labor Day   September 1   Thanksgiving Day?   November 27?   Christmas?   December 25?