Singapore Stock Market News

Latest Report from Muddy Water on Olam!!

StockFanatic
Publish date: Tue, 04 Dec 2012, 12:24 PM
StockFanatic
0 10,452
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Olam's 180-''Degree Reversal on Tapping the Markets Validates Muddy Water's Thesis, and Raises More Concerns!!

' Olam's surprise announcement of an unusually structured US$750 million debt issuance validates our thesis that Olam is in danger of failing. Only in the case of our November 2010 report on Rino International have we had a faster confirmation of an investment thesis.
Read more ''
Discussions
Be the first to like this. Showing 6 of 6 comments

Kevin Ong

The u turn is misleading and unfair to minority shareholders

2012-12-05 01:35

stockmarketmindgames

ye! dont touch

2012-12-05 11:14

ticktock

small shareholders will be flushed out.....be brave & trade the range.......

2012-12-05 14:17

333a110

The Report dated 30 Nov 2012 is full of stuff.

NOT JUST OLAM for which the report pinpointed.

ANY COMPANY could do the same.

How much is true? ONLY TIME WILL TELL.


The report could be found here:

http://www.scribd.com/doc/115018012/Muddy-Waters-Agrees-to-Pay-for-Olam-Debt-Rating

2012-12-07 10:10

333a110

As noob, we often read the annual report at face value.

THE muddy water report is really a wake up call:

The lesson learnt:

NOT TO BELIEVE EVERYTHING THAT IS WRITTEN IN THE ANNUAL REPORT AT FACE VALUE

(of course, noobs like us most likely will not be able to see through the veil.....)

2012-12-07 16:25

passerby

any put warrant issued by any IBs for Olam ?? :)

2012-12-13 14:03

Post a Comment