29-11-2012, 01:29 PM
OCBC Investment Research on Olam International Limited (Olam)
VALUE AROUND S$1.23; MAINTAIN HOLD
• Tone likely less risk-on
• Near-term volatility remains
• Value around S$1.23
After MW comment, the valuation "depreciated" from previous valuation of $1.80, without any major changes in business operation, company strategy and debt structure.
Analyst report seems following Mr. Market mood and equally un-predictable
VALUE AROUND S$1.23; MAINTAIN HOLD
• Tone likely less risk-on
• Near-term volatility remains
• Value around S$1.23
After MW comment, the valuation "depreciated" from previous valuation of $1.80, without any major changes in business operation, company strategy and debt structure.
Analyst report seems following Mr. Market mood and equally un-predictable

“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡