Olam International - Challenges continue to bite | I3investor

Blogs Headlines

Singapore Stock Market News

Olam International - Challenges continue to bite

StockFanatic

Publish date: Sat, 18 May 2013, 01:51 PM

Olam's 9MFY6/13 profits would have missed expectations had we not lowered our forecast recently. Olam's profits remain vulnerable to challenges. Its industrial raw materials segment is recovering but the confectionery & beverage segment threatens to slip into difficult times.

9M13 core net profits met our lowered expectations, coming in at 73% of our FY13 estimate and 74% of consensus. We keep our EPS forecasts, target price (based on 1x CY13 NAV) and Underperform rating, with earnings disappointment being a de-rating catalyst.

Olam Intl (O32)

Related Stocks

Market Buzz

More articles on Singapore Stock Market News

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Record highs on trade, vaccine developments

Created by StockFanatic | Aug 26, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: Data help US market end week on a high note

Created by StockFanatic | Aug 24, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: And they are back, with S&P within inches of record high close

Created by StockFanatic | Aug 13, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: Winning streak snaps

Created by StockFanatic | Aug 12, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Market Commentary: US negotiations over stimulus continue amid diplomatic tensions

Created by StockFanatic | Aug 11, 2020

Discussions

Be the first to like this. Showing 0 of 0 comments

Post a Comment

Featured Posts

MQ Chat

New Update. Discover investment communities that resonate with your ideas

VCPlus

Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!

Latest Videos

New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!

0:17

New IPO: Supreme Consolidated Resources Berhad, a distributor and warehouser of F&B products, aims to list on the ACE Market!

MQ Trader 344 views | 10 d ago

New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!

0:17

New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!

MQ Trader 2493 views | 18 d ago

M & A Value Partners IPO Equity Fund

0:43

M & A Value Partners IPO Equity Fund

MQ Trader 10221 views | 4 mo ago

MQ Market Updates - 15 November 2024

0:15

MQ Market Updates - 15 November 2024

MQ Trader 173 views | 2 d ago

MQ Market Updates - 14 November 2024

0:16

MQ Market Updates - 14 November 2024

MQ Trader 191 views | 3 d ago

Apps

Send individual or group chats with anyone on i3investor

Earn MQ Points while trading with MQ Trader

MQ Affiliate

Earn side income from Affiliate Program

Online learning and teaching marketplace

Top Articles

1

CEO Morning Brief

Crypto Market Capitalisation Hits Record US$3.2 Tril, CoinGecko Says

2

RHB Investment Research Reports

ComfortDelGro - Sequential Growth Continues; Keep BUY

3

RHB Investment Research Reports

Golden Agri - QoQ Earnings Recovery Dragged by Weak Output

4

SGX Market Updates

Goodwill Entertainment – Multi-Entertainment Provider – Debuts on SGX

5

RHB Investment Research Reports

First Resources - QoQ Earnings Decline Despite Stronger Output

Hot Stocks Today >

1

1000

2

DBS Group Holdings Ltd

311

3

Oversea-Chinese Banking Corporation Ltd

278

4

United Overseas Bank Ltd

258

5

Singapore Airlines Ltd

240

6

CapLand Ascendas REIT

Ascendas Real Estate Investment Trust

234

7

Singapore Telecommunications Ltd

231

8

CapLand IntCom T

220

9

Mapletree Log Tr

Mapletree Logistics Trust

218

10

Mapletree Ind Tr

Mapletree Industrial Trust

217

Daily Stocks

HSI 22000MBeCW241230

0.039

-0.003

153,544,500

HSI 21800MBeCW250127

0.065

0.00

58,007,500

HSI 21400MBeCW241230

0.05

0.00

56,600,000

HSI 23200MBeCW250127

0.042

-0.001

42,574,300

Genting Sing

0.775

+0.01

41,518,400

Man Oriental USD

1.79

+0.09

34,538,825

CapLand IntCom T

1.98

+0.01

29,808,900

Seatrium Ltd

1.86

-0.03

29,682,900

HSI 18200MBePW241230

0.07

-0.003

28,327,500

YZJ Shipbldg SGD

2.54

-0.01

23,366,700

More active Stocks

236.96

+1.46

3,105

42.08

+1.04

322,000

JD 5xShortSG260513

2.88

+0.384

1,000

12.79

+0.38

1,216,600

36.37

+0.37

2,809,100

317.96

+0.32

1,102

NVDA 3xLongSG261006

8.32

+0.291

3,000

TESLA 3xShortSG261006

1.135

+0.257

50,100

META 3xShortSG261006

4.26

+0.248

1,000

AMZN 3xShortSG261006

2.51

+0.207

2,000

More gainer Stocks

SPDR S&P500 US$

592.00

-7.30

560

TESLA 3xLongSG261006

8.18

-1.878

4,500

XT SingGovBond SG$

151.05

-1.00

50

Nasdaq 7xLongUB250922

11.93

-0.827

100

NetEase 5xShortSG250320

0.245

-0.426

74,600

XT Vietnam US$

24.45

-0.22

3

S&P 7xLongSG260226

3.37

-0.218

12,100

DBS 5xLongSG250716

6.29

-0.147

6,600

NetEase 5xShortUB251128

0.111

-0.146

1,300

Geely 5xLongSG251113

0.36

-0.143

213,000

More loser Stocks

Featured Advertisers / Partners

Top Brokers >

1

CGS-CIMB Securities

2

Citibank Brokerage

3

DBS Vickers

4

iFAST Financial Pte Ltd (FSMone)

5

KGI Securities

Books Review >

Ride The Bull Short The Bear

CS Tan

4.9 / 5.0

This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....