SDP: PAP politicising Edusave awards
The PAP MPs will soon be getting out in front of cameras to hand out Edusave awards to students. The Ministry of Education (MOE) recently announced that it would be giving out monetary awards to students who show good character and academic achievement during the school year. Some MPs, as advisers in their constituencies, will...
Olam cut to Sell by UBS on concern of Olam’s financial health deterioration
(Bloomberg, 9 Jan) - Olam International Ltd. (OLAM), the commodity trader targeted by short-seller Carson Block, was cut to sell from buy by UBS AG amid concern that the company’s financial health may be deteriorating. UBS analysts Andreas Bokkenheuser and Anubhav Gupta reduced Olam’s 12-month target price by more than half...
UBS downgrades Olam from Buy to Sell
(9 Jan) - UBS downgraded Olam International Ltd to 'sell' from 'buy' and cut its target price to S$1.33 from S$2.95, citing uncertainties around the cost of its Gabon project. Olam shares were down 0.3 percent at S$1.60 by 0100 GMT, around 8 percent below the level they were at before short-seller Muddy Waters launched an attack...
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