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Ideas
Commodities
Olam (O32) to set up US$49m rice farming and milling facility. The facility, located in Nigeria, will see operations commence in 2012. The facility will begin to generate revenue in FY2013, and will be fully operational by FY2016.
Comment: News came out after market close yesterday. Suggest to accumulate under 235
Laggard call: Dyna-Mac (NO4). Price has declined tremendously and may be lagging behind all the other O&M
Sources: Bloomberg, Reuters, WSJ, The Business Times, Analyst Reports, Company Announcements
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