|Bid||1.82 x 0|
|Ask||1.83 x 0|
|Day's range||1.8100 - 1.8400|
|52-week range||1.5700 - 2.5000|
|Beta (3Y monthly)||0.69|
|PE ratio (TTM)||12.05|
|Earnings date||25 Feb 2019 - 1 Mar 2019|
|Forward dividend & yield||0.07 (3.87%)|
|1y target est||1.96|
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.
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.
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.
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.
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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.