This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Olam International (O32): The agri-food giant on Tuesday posted a 13.1 per cent drop in profit after tax and minority interests to S$155.6 million for the first quarter ended March 31, due to the absence of net exceptional gains in the previous corresponding period. The group also announced a three for 20 rights issue which has been priced at S$1.25 per rights share to repay the debt used to fund its acquisition of Olde Thompson in May. Shares of mainboard-listed Olam closed at S$1.71 on Monday, down 2.3 per cent or S$0.04.
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