ScorpioRebelliousTV
Kind Pumpkin
:
Olam Group Ceo does not seems interested in unlocking value for the company shareholders, it seems he is more focus on leeching the company by taking his high salary as Ceo while destroying value of its own company stock slowly.
$Olam Group (VC2.SG)$Instead of using word "sold out", Its more appropriate to use " adding one more partner to business". I mean nothing is sold out here as far as stock holders concern
ScorpioRebelliousTV
OP103966719
:
Temasek is the biggest major shareholder of Olam Group, hopefully Temasek will do something about it by questioning that Olam Group Indian Ceo about why is he not distributing a special dividend to shareholders since Olam Agri had already been sold off to Salic Investment
DYODD Investor
:
Even sold, the money also need to pay debts first. How to pay special dividends? Their financial statements already mentioned huge interest expenses. how to survive?
$Olam Group (VC2.SG)$ Olam Group's net profit fell 69% in 2024 as a significant increase in net finance costs of 445.7 million Singapore dollars, equivalent to US$330.54 million, outweighed growth in earnings before interest and taxes.
DYODD Investor
huEYc
:
worst case maybe declare bankruptcy like one of the big company before. For shareholders like T*, losses on this company is peanuts. For small investors, its a huge losses. luckily i hv sell off all my shares at 1.19.
Olam Group Stock Forum
Olam Group's net profit fell 69% in 2024 as a significant increase in net finance costs of 445.7 million Singapore dollars, equivalent to US$330.54 million, outweighed growth in earnings before interest and taxes.
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