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.