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I'm sure all who play with stock knows people buy or sell base on rumours, it is for the discerning to decide where it should go. As I have said this does not come from me ... I even gave you the source ... I am but a novice, a " ikan belis" ... the market today went down not because of what I said .... plea...se [I am flattered]. How on earth do you want to contain what people are saying. The best thing to do is start doing your homework. Don't be 幼 稚 market will find it own level. If this isn't true there is nothing to be worry, but if it is true ... then you better be worried and take action. Arguing with me will not help the situation. By the time it is a FACT, game already over ...
This incident is vivid in the mind of everyone, when America WTC was destroyed ... whole world was caught by surprise, When the anniversary come, do you think ... the security will say, RELAX ah they will not do it again. On the contrary as the date draw near they have to beef up the security and deploy more manpower. Rest assured, the shortists have waited for such a time. It is not a time to turn a deaf ear.
I am surprised that you have made me your enemy, and decide to shoot the messenger. The trend setter is out there. Don't be fool .... there is nothing to " AGREED"
GorgeousOng said " My money I decide, Your money you decide" Believe or not is up to you. Sayonara
Agreed
nngeeh ( Date: 29-Oct-2013 18:23) Posted:
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Unless Olam has announced officially that they will issue rights, we don't really need to debate the impact on Olam's share price. If it is based on hearsay, i would say that it is just rumours that is intended to bring the share price down.
EZ3626 ( Date: 29-Oct-2013 17:23) Posted:
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Don't really got your point. Mind repeating it with much more direct approach?
EZ3626 ( Date: 29-Oct-2013 17:23) Posted:
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I'm not being narrow ... consider the current situation of Olam. Please hear from
Roostertan said it very nicely, .... " Sad to say that it is the lack of good management team and poor judgement foresight in extreme M& A that caused their debts to balloon. Wisely to say, whether it is in equities or business investments, always invest with a limit with reasonable cap borrowings."
Olam is highly geared (board). So the best way is through the shareholders who already have a stake in Olam.
Take yourself as an example, you already hold their stock if they were to issue rights or whatever ... would you decide to forgo ... knowing there is going to be a dilution ???
Ok. I will stop here. All the best !!!
Rosesyrup ( Date: 29-Oct-2013 15:13) Posted:
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Agree with you that Temasek shouldn't be factored into the analysis.
We don't care whether you shorting or longing. We only care about objective analysis and factual claims.
True that price movement depends on BBs not retailers, but your flawed arguments can mislead people. Be responsible in what you post!
EZ3626 ( Date: 29-Oct-2013 16:10) Posted:
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Relax bro, take it ez. You are a ball of nerves. Remember Temasek is behind Olam nothing going to happen maybe some shaking. Relax I am not the shortist. I hear and watch the BB.
Nobody said you are wLong. I know but definitely shortists are not letting opportunity slip by. They are traders remember.
Relax and the game play on ..... 5 Nov 2013
Doesn't matter either way, cause your claims still problematic.
- If your definition is narrow. Then meaningless, because firm is not limited to raise money through public offering.
- If your definition is board, go find out how much Olam has borrowed from various world organizations.
- When Olam issues bonds to raise cash, MW claimed that Olam's action reinforced its belief that Olam is near bankruptcy.
- Assuming you are right that Olam did not raise cash for the past 1 year, then it shows that Olam admit MW is right.
- So no matter Olam raise money or not, MW is always right?
It seems to me either your argument is flawed or you are really simply sprouting nonsense.
Rosesyrup ( Date: 29-Oct-2013 15:13) Posted:
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Your raise cash definition is narrow (as in through public offering only) or board (include borrowing from bank)?
EZ3626 ( Date: 29-Oct-2013 15:07) Posted:
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Yes, you are not wLong and the shortists also correct. But of course they won't say when they will do it. I watcher. Do you realise that every now and then .... you all like to quote Temasek.
During this 1 year they dare not raise money ... you know why ??? if they do ... They are admitting MW is correct. I also hope they don't raise money .. we " retail" investors most frighten is raise cash. Pray hard it doesn't happen.
You are not wLong and shortists also correct. Just wait and see .... I am sure Olam management is more kancheong than all of you.
I'm agreeable with Rosesyrup's posting. We shouldn't be spreading rumours without facts to substantiate it. Based on Olam's FY13's report, the performance is slightly lower than FY12's report, but the share price is much lower compare to 1 year back. Based on the facts which was audited by accredited auditor, the current price looks very attractive based on the few facts below:
The share price is the same as the NAV, Olam is profitable, paying dividend of 4 cents, and has Temasek's backing. Even if BB decides to short Olam, the share price will bounce back due to it's fundamental which has not changed since 1 year back. The only concern is the gearing which Olam is driving to push it down. Since it is still profitable (EPS of 14.36 cents), it has fundamental to stay or go above it's current price. This is based on FACTS.
| FY2013 | FY2012 | |
| Cashflow | 735 | 587 |
| NAV | $1.54 | $1.45 |
| EPS | 14.36 | 14.96 |
| Profit after Tax | 362.6mil | 370.9mil |
| Gearing | 1.93 | 1.81 |
| Dividend | 0.04 | 0.04 |
| Oct-13 | Oct-12 | |
| Share price | 1.54 | 1.97 |
Bro, I am not ... it is open book .. you can go to Muddy Water and receive the article dated 2 Sept 2013. I'm sure you can search for him.
When you are with friends especially traders they talk, bro. I consider myself a beginner also kanna by shortists but I am not angry with them cos they leverage on such info and they are good.
The last time, I have told you, the source ... Nextinsight ... haven't I. Olam so far has nothing to tell about their achievement, they are basically consolidating their ground. They may have to issue right to create more reserve if they want to thrust forward.
Roostertan said it very nicely, .... " Sad to say that it is the lack of good management team and poor judgement foresight in extreme M& A that caused their debts to balloon. Wisely to say, whether it is in equities or business investments, always invest with a limit with reasonable cap borrowings."
Funds got burned up very fast .... not sure how ??? Management team has to overhaul ...
Please not asking to sell but be careful as you have mentioned anniversary coming and Olam is shakey nothing to prove or show to the world at this moment. Let's watch and hear their reporting.
If you have good reports please share .... so we can get excited and jump in the band wagon. Just be watchful we are 7 days away from XD date.
Friend, you can ignore the thumb up/down system. I too received many thumbs down, but I don't care. I am here to share and get info to earn money not to earn thumb up/down.
I am currently in the money and I don't mind exiting if what you said were true. But the problem here is you keep posting something that cannot be substantiated.
- You started off with some exaggerated claim that Olam overhauled management team. In fact only 2 directors stepped down. I mean seriously....
- Now you claimed that you heard from grapevine shortists want to short this counter, but never tell where your grapevine extended from. Grapevine from your 10k net worth colleague and billion net worth friends can be very different. We can't assess the strength of your claims don't even mention verify.
- Best of all, you mentioned MW's comment which was made months ago " OLAM not changing old way" .
Negativity aside, I don't understand why you always choose to post some " news" that cannot be verified, I mean what's the point? And whenever I tried to verify your 'news' you never failed to escape with the answer 'your money you decide....mymoney...'. Come on, I am just trying to verify things, how can I possible decide on where you use your money. Your tendency to avoid giving direct answer is a mystery that I have yet to solve. If you really think olam is really that bad, why don't you just short it and let us know your TP and analysis? Don't you think it's more healthy to share objective analysis here rather than some rumor?
Anyway the only reason I still stay in this stock is that I am eye the big pie of $3.20. Now shortists you are welcome to thumb down me :)
EZ3626 ( Date: 29-Oct-2013 08:39) Posted:
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Handongni,
I have a question, if you long this stock or passionate about it, ask yourself why no one is blogging about anything good happening to this stock. It is so quiet. Hope people don't buy because the name is nice .. Olam. You have the power to post good reports about Olam .... apparently not.
Not forgetting during the recent run up in all the commodity counters, sad to say Olam fair poorly.
Is there any wonder why shortists are getting ready to hoot big time ..... Let's not hope every times Temasek is there to bail the BB out. Crazy !!!
handongni ( Date: 29-Oct-2013 09:24) Posted:
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Haha really. I understand, for the shortists they are being exposed while those who long think that I pour cold water. This is rightly so and for a minority who agreed they are not here cause they know.
It is ok ...
Member EZ3626 has an Enemy in ShareJunction because almost all your posts was thumbs down :-(
Handongni, not everyone who sound the alarm has an enemy in ShareJunction. Like I said I regret not listening to the many alerts in this forum before. Just like you, I see them as " enemies" just watch and see .... what if it is true the shortists are at it. What if you are not prepared for right issue, warrant or whatever .... ???
They even said Temasek going to buy over Olam which I think cannot be .... Temasek don't want to carry a baby, ..... INVEST. Why would they want to run the company.
My money I decide Your money you decide ..... Ultimately be cautious
Member EZ3626 has an Enemy in ShareJunction
This BB is still vunerable. I heard through the grapevine, the shortists are going to hoot this BB ..... they said this BB is going to be under attacked again. As I have mentioned, too risky to enter (speaking for myself) ... shall watch and see as the day draws near.
Also, Muddy Water has posted some comments ... he is at it again. Agreed with roostertan it is their poor management. Hope the management is vigilant ....
Have also vested Olam in 2007 when it hits the high and still holding it. Olam is indeed a profitable company and there is no doubts about it. Sad to say that it is the lack of good management team and poor judgement foresight in extreme M& A that caused their debts to balloon. Wisely to say, whether it is in equities or business investments, always invest with a limit with reasonable cap borrowings. Hopefully, it can trend higher in the near term. Otherwise, all shareholders will be disappointed, even they does pay dividends.
EZ3626 ( Date: 26-Oct-2013 09:07) Posted:
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