Wolf Money(Olam Group)

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The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer.

I re-entered Olam after the recent price weakness. I am buying with the view of their upcoming half yearly earnings showing a substantial improvement. There will likely be some sort of special dividend after completion of close to $3b in disposal in related companies. Of course, nothing is guaranteed until the company’s board decides on the matter. Recent corporate news includes redemption of preps by the company which will allow the company to save on substantial interest cost. More details at the end of the month update. God bless. 🙏

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Disclaimers 

All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.

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