|Bid||1.74 x 0|
|Ask||1.75 x 0|
|Day's range||1.68 - 1.75|
|52-week range||1.68 - 2.50|
|Beta (3Y monthly)||0.82|
|PE ratio (TTM)||11.15|
|Earnings date||14 Nov 2018|
|Forward dividend & yield||0.07 (4.02%)|
|1y target est||2.19|
YAOUNDÉ, Cameroon—Cameroon’s two main cocoa exporters have withdrawn their buyers from the southwest region following threats and harassment from secessionist groups, company workers said Friday. Neither Cargill’s Telcar Cocoa Ltd., which accounts for 27% of the nation’s cocoa exports, nor Olamcam, a unit of Singapore’s Olam International that ships nearly 21% of Cameroon’s beans, would comment on the move from the key cocoa-growing region. Company workers told The Wall Street Journal that secessionist splinter groups had demanded cocoa exporters pay them 5 million Central African francs ($8,900) to operate in southwestern Cameroon.
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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.
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 ...
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 ...
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.
It sold 5,100 acres of a Californian farmland. Olam International Limited (Olam) bagged $148.26m (US$110m) from the sale of its farmland assets in California. According to a press release, it completed ...
Sales volume grew 44.4% in nine months. Olam International reaps its harvest as its profits grew 17.5% YoY from $20.5m to $24.1m in Q3. According to its financial statement, revenue increased by 42.7% YoY to $6.71b, whilst gain in fair value of its biological assets widened dropped by 80.9% to $0.5m.