11-09-2023, 04:40 PM
![](https://i.imgur.com/CLvY2jA.png")
Olam denies media reports of $68 billion Nigerian forex fraud
11-09-2023, 04:55 PM
Well a few years ago a short seller point out that Olam accounting got problems but Temasek came out to support the company.
I think the short sell is right. Olam grew by borrowing money to acquire companies in the end it has a big debt pile. The shortseller pointed out teb financial impact report for these acquisitions are too good to be true.
Here is shortseller report.
https://www.businesstimes.com.sg/muddy-w...ls-out?amp
I think the short sell is right. Olam grew by borrowing money to acquire companies in the end it has a big debt pile. The shortseller pointed out teb financial impact report for these acquisitions are too good to be true.
Here is shortseller report.
https://www.businesstimes.com.sg/muddy-w...ls-out?amp
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
11-09-2023, 05:47 PM
PAP loves Olam
Already bail them out
but did our investments minus that amount from the books?
![[Image: Bail-out-Olam.gif]](https://i.ibb.co/XX7WjZh/Bail-out-Olam.gif)
Already bail them out
but did our investments minus that amount from the books?
Why do we need 5 Mayors and 80 PAP Ministers?
11-09-2023, 08:33 PM
(11-09-2023, 04:40 PM)Levin Wrote: https://www.straitstimes.com/business/co...uct-review
OLAM.....................OrLan liao lah.......................but 68Billion too big lah the figure............6.8Billion maybe lah
![[Image: Sunny.jpg]](https://i.ibb.co/7gMBKf5/Sunny.jpg)
11-09-2023, 10:15 PM
Temasek supported Olam by offering $2.30 per share AFTER Muddy Waters warned of fraud
To buy when someone just published a well researched study is extremely irresponsible!
Temasek lost 50% after 8yrs.
![[Image: GKFJDVM.jpg]](https://i.imgur.com/GKFJDVM.jpg)
![[Image: 6pQD0Nh.jpg]](https://i.imgur.com/6pQD0Nh.jpg)
To buy when someone just published a well researched study is extremely irresponsible!
Temasek lost 50% after 8yrs.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
11-09-2023, 10:19 PM
Temasek always use our money to tikam tikam..
who is the CEO??? call LHL to squueze him..
that is why dont buy sillypore stock, twist over to wall st,, 10 yrs from now u can thank me..
who is the CEO??? call LHL to squueze him..
that is why dont buy sillypore stock, twist over to wall st,, 10 yrs from now u can thank me..
11-09-2023, 10:31 PM
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
12-09-2023, 05:36 AM
That list don't have Olam so it is safe from now !....
12-09-2023, 07:24 AM
That list is only recent one. Before that we have micropolis, Chartered semicon and more
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