You are a great contributor in this forum. I will take piece of information into account when I get into Olam again. Thank you very much.

Obfuscate      ( Date: 07-Jan-2013 18:37) Posted: Heard that Merrill just cut the price objective further to 90 cents (from $1.00 since 23 May) in its 4 Jan 2013  research on the basis of higher funding cost, unsustanable non-core profit, weak internal capital generation,  stretched valuation and execution risk. counter      ( Date: 07-Jan-2013 08:21) Posted: Religare Capitals, Macquaire, Maybank Kim Eng and OCBC all have a sell/hold call on this stock and a TP at $1.40??? UOB has a target price of $1.98 for Olam and OSK-DMG has a target of $2.20. http://sgx.i3investor.com/servlets/ptg/o32.jsp This is a classic example of bad jounalism pointed out by Martin Wee

 

Are CFD holders eligible for the rights? If yes, how to apply?

 

Re Olam 939 'nil-paid' Rights example -  If I sell partly in R1  and partly in  R313 on the same day, will the sale be amalgamated as one sale or be considered as 2 sales by brokers and SGX and thus incurring 2 minimum charges?  In other words cheaper to sell all the 939 Rights in either R1 or R313 and not in both?

counter      ( Date: 07-Jan-2013 14:53) Posted: If you want to sell 939 rights, you can key in 939 in either R1 or R313. sghlynn      ( Date: 07-Jan-2013 14:03) Posted: Sorry but noob question here... if i want to sell my 939rights then i should click sell on Olam R313 US$ Qty  3 right? Alternatively if to top up to full lot i should click on Olam R1 US$ x 61 (1000 - 939) ?  Olam R313 US$ (code: R8HR)

 

You're welcome.

Octavia      ( Date: 07-Jan-2013 14:17) Posted: Thanks for your hint. Dont buy now already huat arh..! Peter_Pan      ( Date: 07-Jan-2013 11:37) Posted: Hope all have big ang bao from this one

 

Heard that Merrill just cut the price objective further to 90 cents (from $1.00 since 23 May) in its 4 Jan 2013  research on the basis of higher funding cost, unsustanable non-core profit, weak internal capital generation,  stretched valuation and execution risk.

counter      ( Date: 07-Jan-2013 08:21) Posted: Religare Capitals, Macquaire, Maybank Kim Eng and OCBC all have a sell/hold call on this stock and a TP at $1.40??? UOB has a target price of $1.98 for Olam and OSK-DMG has a target of $2.20. http://sgx.i3investor.com/servlets/ptg/o32.jsp This is a classic example of bad jounalism pointed out by Martin Wee. Octavia      ( Date: 07-Jan-2013 02:15) Posted: IMO, Olam shares will face difficulty re-rating upwards and sustaining even a moderate earnings multiple for the next few quarters, even if the financial risks Muddy Waters warns of do not materialize,Olam's guidance that it won't be generating positive free cash flow until 2015, making it hard for the company to completely dispel the concerns raised.Olam's greenfield Nigerian sugar mill has been postponed indefinitely and a key urea project in Gabon also remains uncertain has been confirmed by Olam.   Religare Capitals, Macquaire, Maybank Kim Eng and OCBC all have a sell/hold call on this stock and a TP at $1.40. Even in March 2008, Merrill Lynch analyst Han Lim Chong cut the commodities trader to ?sell? from ?neutral?, with a target price of S$1.60, citing the firm?s high debt levels and slower earnings growth. Whereas someone here with no accreditation who said that he chooses stock based on fundamental criteria has a buy call at $2.00 somemore(more like his target exit price).Smell a rat here...Open your eyes,make your own judgment call. I guess you would not want to rub shoulders with headless chicken in the hot tub,rite?.

 

PEACE.Happy for you.

counter      ( Date: 07-Jan-2013 17:05) Posted: childish is too kind a word to describe people like you Octavia      ( Date: 07-Jan-2013 16:47) Posted: LO

 

childish is too kind a word to describe people like you

Octavia      ( Date: 07-Jan-2013 16:47) Posted: LOL counter      ( Date: 07-Jan-2013 16:21) Posted: You are most welcomed. Sold my rights at $0.169 and my shares at $1.645 to pay for Midas due to strong short selling pressure. I will come in again when the pressure eases

 

LOL???

My cost price is $1.45.

Stop posting all these useless pictures.

You need to grow up.

Octavia      ( Date: 07-Jan-2013 16:47) Posted: LOL counter      ( Date: 07-Jan-2013 16:21) Posted: You are most welcomed. Sold my rights at $0.169 and my shares at $1.645 to pay for Midas due to strong short selling pressure. I will come in again when the pressure eases

 

LOL

counter      ( Date: 07-Jan-2013 16:21) Posted: You are most welcomed. Sold my rights at $0.169 and my shares at $1.645 to pay for Midas due to strong short selling pressure. I will come in again when the pressure eases. sghlynn      ( Date: 07-Jan-2013 15:05) Posted: counter - many tks!