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Olam International Awaiting Gabon

Expect 2QFY12 core profit of S$110-152m Financial close on urea project expected in 3Q12 – slightly longer than expectations On track to achieve FY15F earnings of US$454m; push back US$1bn target to FY16 Maintain Hold and S$2.35 TP 2QFY12 profit of S$110-152m. With a seasonal uptick in harvest for a variety of crops between Oct-Dec ...

 

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