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501-520 of 934
same, same. to cash out to buy more rights.
I guess you must have made a lot.
I am still holding.
no greedy, started unloading already.
Thanks. You are sitting on even more profits. Cheers!
counter ( Date: 02-Jan-2013 21:12) Posted:
Nice to hear that you are sitting on nice profits. Congratulations!
Peter_Pan ( Date: 02-Jan-2013 19:16) Posted:
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Nice to hear that you are sitting on nice profits. Congratulations!
Peter_Pan ( Date: 02-Jan-2013 19:16) Posted:
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Sitting on nice profits.
Now just waiting to trade the rights.
Date? Anyone?
This stock is for long term investment and not for punters
Isolator ( Date: 02-Jan-2013 13:00) Posted:
Run now if you dont short..... |
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Run now if you dont short.....
Dont think there is shorts covering,think to make the rights more attractive.
derekchong ( Date: 02-Jan-2013 11:31) Posted:
today still has shorts covering or
shorts squeeze.
good starting for the year 2013. |
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today still has shorts covering or
shorts squeeze.
good starting for the year 2013.
Can start to short LAM LAM.... lol
Futures of arabica coffee, the world’s most widely consumed variety, plunged nearly 37% – one of the steepest declines across commodity markets – on ICE Futures U.S. this year. The culprit: big production.
The International Coffee Organization expects record global coffee output in the 2012-13 crop year, which started in October, to the tune of 146 million bags. Brazil, the source of around one-third of the world’s coffee, reaped a record crop this past season of 50.8 million bags.
Problematic is the fact that the International Coffee Organization expects record global coffee output in the 2012-13 crop year, which started in October,
according to the Wall Street Journal.
In other words coffee will be oversupply and price will be dampened going forward.
I agree with you on your analysis. However, I am less sure about whether the sovereign debt problem in Europe will be clearer a year from now. Although the austerity measures in Europe will reduce the government expenditure, the tax revenue will also fall if the measures lead to an economic contraction, and we are starting to see this in Greece. The problem is that no one can accurately measure the effects of the austerity measures in Europe on the government expenditure and the tax revenue. That being said, I do not see the problem posing any big risks to the stock market as it has largely been priced in, unless the problem worsens unexpectedly in a dramatic manner. For this reason, I believe that world interest rates are more likely to start rising towards the later part of 2014-2016 which you stated. When this happens, hot money will start flowing out of Asia to interest-rate setting countries such as the US and Australia. Therefore, I am preparing to shift my portfolio to Aussie-dollar denominated assets, also in simple and liquid stuff. My preference of Aussie-dollar denominated assets is due to my prediction of a larger appreciation of Aussie dollars. As the world economy picks up, the world demand for resources will rise which will lead to an increase in exports in Australia and hence the demand for Australian dollars resulting in a larger rise in the exchange rate.
Today is the first day of 2013.
I wish everyone here a prosperous year ahead.
Obfuscate ( Date: 31-Dec-2012 11:58) Posted:
By end Jun 2013 and even end Dec 2013, I truly believe all risk asset prices will be higher that what they are today. A case of a rising tide will lift all boats so all other things being equal Olam's price should be higher. But this I also believe: Asia in general is lagging both USA and Europe in terms of economic cycle. While Asia is just starting to slow down, ie marginaly weaker compared with recent history, at this moment, USA is on the up and Europe's recovery will be clearer a year from now. The risk for Asia is 2014-16 when global interest rates start to increase. Funds will flow out of Asia because of better oportunities elsewhere and risk asset prices can fall a lot because of this. We have seen how Japanese real estate prices can fall 80%+ over 20 years, how HK prices can fall 70% in 5.5 years, how Irish prices can fall 50% in 3 years, all because there is no buyer. Hence I like to stick with simpler but very liquid stuff.
counter ( Date: 31-Dec-2012 11:32) Posted:
You are welcomed.
Anyway, I didn't buy into Olam simply because Jim Rogers was an Olam shareholder.
What is your prediction of Olam share price three months and six months from now, assuming we don't fall off the 'fiscal cliff' |
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Did u short olam recently??
Isolator ( Date: 31-Dec-2012 11:11) Posted:
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I do not recall having any disgruntled discussion with you and from nowhere you sound so offensive. If you find offended by the issue of multiply accounts that only confirm my suspicion.
With regard to your pointers there is nothing indigenous from your contributions. Just taking my views and do a 180 degree flip and throw back to me.That is precisely what a frustrated loser would do when running out of rebuttal bullets and in self denial stage.
As for the clip, I can advise don’t behave like the European dairy farmers. If they are protesting against low milk prices why waste and douse the European Parliament building as if the milk is so cheap. It is just shooting own foot which is mirroring the management in concern here. Maybe the milk should douse at Rosesyrup and turned into banDUNG drinks .I wont be caught up with your sweet syrup mongering on the issues here.I only engaged with positive and balanced minded person.
Meantime sitting in the comfort of my room eating my NTUC FAIRPRICE Belgium conference pear.
Rosesyrup ( Date: 30-Dec-2012 18:38) Posted:
Regarding your statement " Sunny quoted " We will take stock and see whether we need to slow down, decelerate, recalibrate. We're convinced that we've got a great strategy . . . but we might recalibrate . . . the pace at which we are doing things," . Sunny merely felt that the company's acquistion plan might be too agressive and too rapid, thus leading to investors' doubt and uncomfortableness. Sunny did not say anything about the firm has difficulty in its debt repayment. If you think that investors' uncomfortableness is a fundamental problem, I have got to fully agree with you. Although it is true that some investors are concered with its high debt, there are still a large number of investors who are willing to buy into Olam. This can be easily seen from Olam current share price- Olam's market value is merely 8% less than what it was piror to MW's attack. Thus such fundamental " problem" is not a major concern for me and it appear to me that the most of the shareholders remain comfortable with this firm.
As for the " much anticpated second report from Olam" , I am not sure who is anticpating such a report. You or the market? MW's 133 pages report has already been retorted by Olam's 45 pages report. After its 133 pages report, MW has yet to make any new claim- " new" is the key word here. What is there for Olam to response to? Maybe you would like to quote us some articles on market expecting Olam's second report. As for your demand for a perfect company without any weakness, perhaps Olam with its high debt is reallynot an investment option for you and you should seek for other counters. If you are kind enough, you might like to share with us who are the perfect companies before you leave for other topics on this forum. Remember to quote us the reasons and your definition of a " perfect firm" too- maybe a firms which are monopoly and have 100% of its assets in cash are perfect firms? Thanks in advance.
You have also raised the concern that many of the forum users, who posted supportive comments about Olam, are actually multiple accounts owned by the same person. However, this is something that you can't verify or prove. So what happened to your call for a " more balance,truthful and enriching discussion in a respectful manner" , when you keep harping on something you can't prove? Why not be more respectful, and give everyone on this forum the benefit of doubt. Afterall when it comes to discussion, it's the content of the comments that matter, not the person behind it- be objective!!!!
Before I end my comment here, I would like to reiterate the great opportunity I see in the agriculture business in the coming years. Comparative advantage (CA) of farming lies with developing countries due to its cheaper labor, land and other legal aspect. However, for decades developed countries (mostly from Europe) have distorted such CA, by providing their farmers with generous subsidies- for political reason.Such large subsidies lead to great competition for firms in developing countries who giving out lesser subsidies. As a result, agriculture firms in developing countries recieved much thinner margin and are forced to operate in a much more efficient manner in order to survive. Nevertheless, the situation is changing, the recent European financial crisis have forced many of its government to reform: cut subsidies to farmers and move to export goods that they have CA in. One of the most recent example is Dairy farmers from France, Germany, Luxembourg, and the Netherlands went on a strike aganist the low purchase price set by their governemts.
Refer to http://www.telegraph.co.uk/news/worldnews/europe/eu/9705438/EU-dairy-farmers-spray-Brussels-parliament-with-milk.html
With the European nations moving away from subsidising agri businesses, we can expect farmers in these nations to shift toward other industries that their countires have CA in. This would in turn reduce the competition for agri firms operating in the developing countries, and their margin would also improve. Most of Olam operations are in developing countries. Olam with its newly acquired business units would provide it with the economies of scales it needed to compete in the agriculture industry when the world economy recover.
Just as the lemon are pretty good, grapes are pretty sour too.
Octavia ( Date: 30-Dec-2012 12:59) Posted:
Another aspect of your self denial on your part.
You said Sunny has a lot to learn from this episode to bring Olam to a new high. It is good to know that he is doing reflection. Sunny quoted " We will take stock and see whether we need to slow down, decelerate, recalibrate. We're convinced that we've got a great strategy . . . but we might recalibrate . . . the pace at which we are doing things," Isnt this statement as self admission that something is not working fundamental right?
I reckon investors are waiting in anticipation for the second rebuttal report from Olam. I asked myself " why the management would take such a long time to come out a report.Dont they have a very the experienced team working inside?" Maybe the report is not coming out afterall with fear of more scrutiny and might damper the share price.
I am not here to talk down the company,just that I wish to find out a balance and true views of this counter before any investment. |
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By end Jun 2013 and even end Dec 2013, I truly believe all risk asset prices will be higher that what they are today. A case of a rising tide will lift all boats so all other things being equal Olam's price should be higher. But this I also believe: Asia in general is lagging both USA and Europe in terms of economic cycle. While Asia is just starting to slow down, ie marginaly weaker compared with recent history, at this moment, USA is on the up and Europe's recovery will be clearer a year from now. The risk for Asia is 2014-16 when global interest rates start to increase. Funds will flow out of Asia because of better oportunities elsewhere and risk asset prices can fall a lot because of this. We have seen how Japanese real estate prices can fall 80%+ over 20 years, how HK prices can fall 70% in 5.5 years, how Irish prices can fall 50% in 3 years, all because there is no buyer. Hence I like to stick with simpler but very liquid stuff.
counter ( Date: 31-Dec-2012 11:32) Posted:
You are welcomed.
Anyway, I didn't buy into Olam simply because Jim Rogers was an Olam shareholder.
What is your prediction of Olam share price three months and six months from now, assuming we don't fall off the 'fiscal cliff'?
Obfuscate ( Date: 31-Dec-2012 09:15) Posted:
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You are welcomed.
Anyway, I didn't buy into Olam simply because Jim Rogers was an Olam shareholder.
What is your prediction of Olam share price three months and six months from now, assuming we don't fall off the 'fiscal cliff'?
Obfuscate ( Date: 31-Dec-2012 09:15) Posted:
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The merger talk broke down in February 2011.
Anyway, the point I was discussing with obfuscate was not about the merger. It was about whether Jim Rogers was already an Olam shareholder before the MW/Olam saga.
Kensonic77 ( Date: 31-Dec-2012 11:02) Posted:
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I thought that was old news in 2010. Louis Dreyfus had abandoned merger talks with Olam in February 2011. They parted amicably.
Kensonic77 ( Date: 31-Dec-2012 11:02) Posted:
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