O32.SI - Olam International Limited

SES - SES Delayed Price. Currency in SGD
2.0100
+0.0400 (+2.03%)
At close: 5:04PM SGT
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Previous close1.9700
Open1.9700
Bid2.01 x 0
Ask2.02 x 0
Day's range1.9600 - 2.0300
52-week range1.5700 - 2.5000
Volume2,211,700
Avg. volume561,829
Market cap6.397B
Beta (3Y monthly)0.65
PE ratio (TTM)13.31
EPS (TTM)0.15
Earnings date28 Feb 2019
Forward dividend & yield0.07 (3.61%)
Ex-dividend date2018-08-20
1y target est1.96
  • Reuters SG3 days ago

    UPDATE 2-After sugar blow hits profit, shares, Wilmar CEO targets sweet spot in sector

    Wilmar International Ltd shares fell more than 4 percent on Friday after the Singapore-listed commodity trader said its quarterly net profit halved, mainly due to a provision linked its Australian sugar assets. Reporting October-December earnings late on Thursday, Wilmar made a provision for a $138.6 million impairment on its goodwill and sugar milling assets in Australia, citing ongoing depressed sugar prices, in the fourth quarter.

  • Reuters SG19 days ago

    CORRECTED-UPDATE 1-Trading house Mitsubishi maintains full-year profit forecast

    Japan's biggest trading house Mitsubishi Corp on Tuesday posted a 6 percent rise in its April-December net profit thanks to higher income from energy operations, and stuck to its record profit forecast for the year despite one-off losses. Mitsubishi's net profit grew to a record 442 billion yen ($4 billion) for the nine months to Dec. 31 from 416 billion yen a year ago.

  • Reuters SG19 days ago

    Mitsubishi's CFO says firm has no plan to trim stake in Singapore's Olam

    Mitsubishi Corp booked an impairment loss of about 28 billion yen ($255 million) on its stake in Olam International in the October-December quarter but it has no plan to trim its stake in the Singaporean commodity trader, its CFO said on Tuesday. Japan's biggest trading house also took an impairment loss of about 31 billion yen on its investment in iron ore mines in Chile in the same quarter due to an extra environmental cost and a repair cost for a broken shiploader at a port, Chief Financial Officer Kazuyuki Masu told a news conference. Olam said last month that it plans to invest $3.5 billion into key growth areas, such as edible nuts, coffee and cocoa, over the next few years, while exiting four existing businesses to raise funds.

  • Singapore's Olam to invest $3.5 billion in growth areas; exit sugar, rubber
    Reuterslast month

    Singapore's Olam to invest $3.5 billion in growth areas; exit sugar, rubber

    Singaporean commodity trader Olam International plans to invest $3.5 billion into key growth areas, such as edible nuts, coffee and cocoa, over the next few years, while exiting four existing businesses to raise funds. The agricultural commodity trader will double down on 12 prioritised businesses, which include spices, edible oils, cotton, dairy, grains and animal feed. "We will continue to invest in businesses where we have consistently performed, have market leading positions, clear differentiation, it is in line with the key consumer trends and there is significant potential for future growth," chief executive Sunny Verghese told a briefing.

  • Reuters SGlast month

    UPDATE 2-Singapore's Olam to invest $3.5 bln in growth areas; exit sugar, rubber

    Singaporean commodity trader Olam International plans to invest $3.5 billion into key growth areas, such as edible nuts, coffee and cocoa, over the next few years, while exiting four existing businesses to raise funds. Olam will sell its sugar, rubber, wood products and fertiliser assets to help release $1.6 billion of cash to reinvest as part of a six-year strategic plan, the company said on Friday.

  • Reuters SGlast month

    Singapore's Olam to make divestments of $1.6 bln over next few years

    Singaporean commodity trader Olam International said on Friday it will sell its sugar, rubber, wood products and fertiliser businesses and other assets to release $1.6 billion of cash to reinvest as part of a six-year strategic plan. Olam is majority owned by Singapore state investor Temasek Holdings and counts Japanese trading house Mitsubishi Corp as its second-largest shareholder.

  • Reuters SGlast month

    Small Ivorian cocoa exporters seek relief on commitments -sources

    ABIDJAN/NEW YORK, Jan 16 (Reuters) - More small cocoa exporters in Ivory Coast were unable to fulfill their international contracts at the end of last year, and sources at the country's cocoa board told Reuters that this group asked to postpone 70 percent of October-to-December commitments due to a lack of financing. Each year, the cocoa board of top grower Ivory Coast (CCC) sells forward most of its expected harvest, a portion of which is allocated to small exporters. In October through December, small exporters were allocated contracts amounting to 180,000 tonnes of cocoa.

  • Reuters SGlast month

    Dreyfus, COFCO head-to-head in Brazil soybean export rankings -data

    French commodities trader Louis Dreyfus Co vaulted ahead to third place in the rankings for Brazil's biggest soy exporters in 2018, locked in a virtual dead heat with China's COFCO, according to annual shipping data. Bunge Ltd continued to top the rankings, while Cargill Inc remained in second place, according to data from shipping company Williams compiled by Reuters. Brazil, the world's largest soybean exporter, shipped a record 84 million tonnes of the oilseeds in 2018 after harvesting its largest crop ever, with most of it going to China.

  • Reuters SGlast month

    RPT-Ivory Coast cocoa bean quality hit by dry weather, financing woes

    ABIDJAN/NEW YORK, Jan 11 (Reuters) - Farmers in top cocoa grower Ivory Coast say the current crop is worsening, with beans starting to rot, as lack of financing prevents them from properly fermenting and drying beans already stressed by bad weather. Front-month New York cocoa futures traded on ICE have risen nearly 15 percent since the start of December, mainly on worries over consistently dry weather in Ivory Coast, traders said. The conditions were brought on by seasonal Harmattan winds that sweep in sand from the Sahara, which can ravage cocoa pods and sap soil moisture, leading to smaller beans.

  • Barrons.com2 months ago

    Blame the Bankers for Bad Corporate Behavior

    The Muddy Waters hedge-fund manager takes aim at bankers, investors, and other Wall Street institutions that fund companies engaged in bad behavior. And he does so publicly.

  • Can Olam International Limited’s (SGX:O32) ROE Continue To Surpass The Industry Average?
    Simply Wall St.8 months ago

    Can Olam International Limited’s (SGX:O32) ROE Continue To Surpass The Industry Average?

    The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to begin learning the link betweenRead More...

  • Olam gets US$163m loan from ADB and JICA
    Singapore Business Review11 months ago

    Olam gets US$163m loan from ADB and JICA

    The proceeds will be used mainly on Café Outspan Vietnam Limited. Olam International secured medium term financing facilities worth US$163m from the Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA). According to an announcement, the facilities consist of two tranches: a US$83m, five-year facility and a US$80m, seven-year facility for Café Outspan Vietnam Limited (COVL), a wholly owned subsidiary of Olam.

  • Wilmar buys 50% of investment holder from Olam for $194.35m
    Singapore Business Review11 months ago

    Wilmar buys 50% of investment holder from Olam for $194.35m

    Following the completion of the acquisition, Nauvu is now a wholly-owned subsidiary of Wilmar. Wilmar International’s subsidiary Wilmar Resources Pte Ltd (WRPL) bought a 50% equity interest in Nauvu Investments ...

  • Chart of the Day: Temasek's major stock investments yielded 8.1%
    Singapore Business Reviewlast year

    Chart of the Day: Temasek's major stock investments yielded 8.1%

    Its investments in Keppel paid off the largest at 12.8%. This chart from the Singapore Exchange (SGX) shows that Temasek Holdings’ investments in six major stocks listed for over 20 years had average annualised ...

  • Olam 2017 profits grew 65.3% to $580.74m
    Singapore Business Reviewlast year

    Olam 2017 profits grew 65.3% to $580.74m

    Its sales volume rose 56.3%, led by growth in grains and edible oils. It was a good harvest for Olam International as its profits grew 65.3% YoY from $351.31m to $580.74m in 2017. In Q4, profits also showed growth and rose 159.3% to $265.15m.