Ngohiang
2022-06-13

$Olam Group(VC2.SI)$In an era of inflation, consumer goods prices will increase. In an era of recession, people will only spend on basic consumer goods.


Lump those two eras together, and know what Olam business model is, this may be his era to shine.


Loaded 200 on Friday (via Vickers). Will DCA each month.

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Comments

  • route77
    2022-06-13
    route77
    Consumer goods prices must increase in a sustained manner
    • Ngohiang: 
      You're right, this is the way to make it a win-win for producer and consumer. End of the day, its the consumer (like us) that needs the "win" more (amidst increasing prices). Olam will win regardless.
  • EdwardLe
    2022-06-13
    EdwardLe
    Basic goods can be subjective
    • Ngohiang: 
      It really depends also on how the SG Government can control the prices to help the consumer. The issue is if there really becomes Inflation + Recession, the Government will be fighting on two fronts.
  • Newcslee
    2022-06-13
    Newcslee
    y
  • Kiki19
    2022-06-13
    Kiki19
    K
  • hwhw123
    2022-06-13
    hwhw123
    ok
  • ChloeX
    2022-06-13
    ChloeX
    👍
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