Articles On Namoi Cotton (ASX:NAM)

Title Source Codes Date
ASX Market Open: Middle East tensions push oil higher and Wall Street lower, reverberating on the ASX200 | October 4, 2024

The ASX200 is set to open a third of a percent lower today, propelled by negative performances on all three US bourses on Thursday, amid escalating tensions in the Middle East and ahead of key jobs data for September. The S&P 500 end...

themarketonline.com.au NAM 1 day ago
The Overnight Report: Looking For Direction

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin It was a mixed overnight session in commodity and stock markets, with oil prices fir...

FNArena NAM 2 days ago
Singapore’s Louis Dreyfus Company finally wins the battle for Namoi Cotton at a hefty $158m

Almost a year after launching a takeover bid for Australian cotton producer Namoi Cotton (ASX: NAM), Singapore agricultural group Louis Dreyfus Company (LDC) has finally secured full control of the target - but at a significant premium to i...

businessnewsaustralia.com NAM 3 days ago
LDC weaves its way to Namoi control

An exciting day saw the meandering battle for control of Namoi Cotton, the country’s top cotton producer, end with a win to French group Louis Dreyfus Company (LDC). The day saw two pauses in trading, a higher offer from LDC and news that o...

ShareCafe NAM 4 days ago
ASX Market Close: Bourse pulls back from yesterday’s record as retail sales jump | October 1, 2024

The ASX200 closed 0.74% lower at 8,209 points. The bourse pulled back from yesterday’s record close with a fall in commodity prices the key driver. Retail sales data came in for August with total retail sales up 0.7% on a seasonally a...

themarketonline.com.au NAM 4 days ago
Closing Bell: Sigma soars 22pc, Qantas feels heat from Qatar, and traders cash in on miners’ rally

ASX dips as miners lead selloff as Chinese markets close for holidays Sigma Healthcare soars 22pc after merger update Qantas tumbles 4pc as Qatar eyes Virgin Australia stake   The ASX dipped  from its record high as miners led the sellof...

Stockhead NAM 4 days ago
Louis Dreyfus Ramps Up Efforts in Namoi Cotton Takeover, Outpacing Rival Olam

Highlights: Louis Dreyfus increases its stake in Namoi Cotton (ASX: NAM) to 47.7%, raising its bid to $0.68 per share, outpacing rival Olam International (ASX: OLM).  Olam boosts its offer to $0.75 per share and increases its holding...

Kalkine Media NAM 4 days ago
ASX Dips From Record High as Miners Struggle; Qantas Declines, Sigma Healthcare Surges

Highlights: The S&P/ASX 200 Index (ASX: XJO) dipped by 0.3%, pulling back from record highs after a strong September quarter.  Sigma Healthcare (ASX: SIG) rallied by 12.9% amid regulatory efforts, while Qantas (ASX: QAN) dropped...

Kalkine Media NAM 4 days ago
ASX 200 Set for Decline as Global Markets Navigate Mixed Signals

Highlights: The ASX 200 is set for a potential pullback as futures signal a 32-point decline (-0.38%), following recent rallies driven by strong commodity prices, with global markets finishing the quarter on a positive note.  The min...

Kalkine Media NAM 4 days ago
The Overnight Report: Enough (For Now)

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 8274.00 – 32.00 – 0.39% S&P ASX 200 8269.80...

FNArena NAM 4 days ago
ACCC seeks Olam divestments before its acquisition of Namoi Cotton can go ahead

The potential takeover of Namoi Cotton Ltd (ASX:NAM) by Olam Agri Holdings has encountered another challenge, with the Australian Competition and Consumer Commission (ACCC) saying it could force the Singapore-based company into divesting so...

themarketonline.com.au NAM 1 week ago
ASX up 0.45% near noon: IT is best performing sector

Aus shares have reached a record high, while Myer highlights challenging market conditions. Regis Healthcare and Kelsian have secured significant contracts, and Namoi Cotton has endorsed Olam Agri's acquisition bid. The Australian dollar ha...

ShareCafe NAM 2 weeks ago
ASX Market Update: Banks Weigh on Gains, Gold Sets Record, Namoi Cotton Surges

The Australian sharemarket saw mixed movement as losses in banking stocks counteracted gains in the energy and mining sectors. Despite early momentum, the market struggled to close at record highs, impacted by declines in major banks.  The...

Kalkine Media NAM 3 weeks ago
Strong Commodities Drive ASX Gains as Gold Reaches Record High

Australian shares continued to advance on Friday, bolstered by rising commodity prices, although banking stocks exerted some downward pressure. The S&P/ASX 200 index closed 0.3% higher, gaining 24.2 points to settle at 8099.9. This rise...

Kalkine Media NAM 3 weeks ago
Harvest Lane Backs Olam Agri's Revised Bid for Namoi Cotton

The ongoing takeover bid for **Namoi Cotton (ASX: NAM)** by Singapore-based **Olam Agri** has gained significant momentum after the specialist merger fund **Harvest Lane** announced its support for the revised offer. Harvest Lane, which hol...

Kalkine Media NAM 3 weeks ago
Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

The Namoi Cotton Ltd (ASX:NAM) takeover story has reached another interesting stage today, with one of the two competing bidders – Olam Agri Australia Pty Ltd – boosting its offer price to $0.75 per Namoi share. The Singapore-listed Olam...

themarketonline.com.au NAM 3 weeks ago
ASX up 0.53% near noon: Gold surges to new record

Australian shares continued their upward trajectory, following Wall Street's rally, driven by rising commodity prices in the energy and mining sectors. At 11:30am, the S&P/ASX 200 is 0.53 per cent higher at 8,118.90, close to its all-ti...

ShareCafe NAM 3 weeks ago
The Overnight Report: Cats & Dogs & Equity Bulls

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 8026.00 + 50.00 0.63% S&P ASX 200 7987.90 –...

FNArena NAM 3 weeks ago
Olam Agri announces third extension to Namoi takeover bid

Agri-business giant Olam Agri Holding Pte Ltd – which is based in Singapore – has pushed out its bid to acquire Namoi Cotton Ltd (ASX:NAM) for a third time, to October 8, amid concerns from Australian regulator the ACCC about bids from both...

themarketonline.com.au NAM 1 month ago
The Overnight Report: Slaughterhouse Friday

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 7925.00 – 144.00 – 1.78% S&P ASX 200 8114.70...

FNArena NAM 2 months ago
Namoi Cotton battle intensifies

The battle for control of Namoi Cotton (ASX:NAM) is heating up. On Thursday, the Australian Competition and Consumer Commission (ACCC) said it would not oppose Louis Dreyfus' proposal to acquire Namoi Cotton. This comes a month after the re...

ShareCafe NAM 2 months ago
ASX Market Update: Index hits record high on news US September rate cut is possible | 1 August, 2024

The ASX200 has hit a fresh record high and is up 0.4% to 8,123 points in early afternoon trade. US interest rate news coupled with a strong night on Wall Street propelled the ASX to chart new territory. The US Federal Reserve held intere...

themarketonline.com.au NAM 2 months ago
Singaporean Olam’s bid to buyout Naomi Cotton raises ACCC alarms – lots of them

Not long after throwing a spanner in the works of Chemist Warehouses’s reverse listing, the regulator has now taken issue with Naomi Cotton’s (ASX:NAM) proposed takeover. Singapore-listed Olam had made a bid to buy ASX-listed Naomi Cotto...

themarketonline.com.au NAM 3 months ago
Daily ASX Market Close: Late run sees market lift 1%, May 31, 2024

The ASX200 took a late uptick to be add almost a per cent at close this afternoon. Most sectors made ground, with Consumer Staples and Energy today’s biggest winners with gains up towards 2 per cent. Burritos giant Guzman y Gomez has...

themarketonline.com.au NAM 4 months ago
ACCC throws a spanner in the works for Louis Dreyfus in its bid for Namoi Cotton

The takeover plans of Singapore’s Louis Dreyfus Company (LDC) for Australia’s largest cotton processor Namoi Cotton (ASX: NAM) have been dealt a blow after the competition regulator raised concerns about a potential acquisition. The Austra...

businessnewsaustralia.com NAM 4 months ago
Softer jobless claims push US stocks higher

US markets rallied on Thursday following a rise in jobless claims that rekindled investor hopes that the Fed will cut rates in the second half of this year. The Dow rallied 0.85 per cent to make it the seventh positive close in a row for th...

ShareCafe NAM 4 months ago
Market Close: ASX steams uphill to deliver slim gains to the station

The ASX200 closed up .2 of a per cent with IT – gaining almost a per cent – carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%. In the green BB1 Digital healthcare pioneer BlinkL...

themarketonline.com.au NAM 5 months ago
Namoi Cotton shares leap 13% on French-Singaporean bidding war

Australian cotton processor Namoi Cotton Ltd (ASX: NAM) has seen its shares jump more than 13 percent as two agribusiness giants – one French and the other Singaporean – duke it out with takeover offers for the company which first began in...

themarketonline.com.au NAM 5 months ago
Olam Agri makes decisive play for Namoi Cotton to outbid Louis Dreyfus by $21m

The bidding war for Australia’s largest cotton ginner Namoi Cotton (ASX: NAM) has stepped up a notch with a decisive move by Olam Agri Holdings firmly outbidding its Singapore counterpart Louis Dreyfus Company (LDC). Olam is prepared to pa...

businessnewsaustralia.com NAM 5 months ago
Closing Bell: ASX finds some bulldog as copper-gold pup Canterbury pops, just like we said it would

The ASX belts one out on Monday, up 0.8pc All 11 sectors are better for it Canterbury Resources grows by half   The benchmark Aussie index has started the week with decisive and broad based gains. All 11 sectors ended Monday higher. US Fu...

Stockhead NAM 5 months ago
Louis Dreyfus Company looks set to stitch up Namoi Cotton takeover for $124m

Singapore’s takeover battle for Australian cotton producer Namoi Cotton (ASX: NAM) looks all but stitched up by Louis Dreyfus Company after a major shareholder expressed its support of a revised bid that values the company at $124 million....

businessnewsaustralia.com NAM 5 months ago
US stocks bounce back as Middle East tensions ease

  US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results. The Dow Jones closed up 0.67 per cent, the S&P 500 closed 0.87 per cent higher a...

ShareCafe NAM 5 months ago
US stocks bounce back as Middle East tensions ease

US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results. The Dow Jones closed up 0.67 per cent, the S&P 500 closed 0.87 per cent higher and...

ShareCafe NAM 5 months ago
MoneyTalks: Walk like an Egyptian, but Think like an Acquirer

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from IML’s Marc W...

Stockhead NAM 6 months ago
Gold and Materials lead Australian markets higher

Australian markets rallied into the close, shrugging off the bigger-than-expected jobs data. Australian employment rose by 116,500 in February versus a consensus expectation of 40,000. The unemployment rate fell to 3.7 per cent. The Februar...

ShareCafe NAM 6 months ago
Singaporeans battle for control of Namoi Cotton as Olam’s $122m bid trumps Louis Dreyfus

A battle for control of Namoi Cotton (ASX: NAM) has emerged with an offer from a another major Singapore agribusiness, the second in the past four months, upping the ante for the Australian cotton processor by 16 per cent to $122 million....

businessnewsaustralia.com NAM 6 months ago
ASX lifts; dollar rises as jobs data beats estimates

Jobless rate falls to 3.7 per cent; jobs growth also beats consensus. Brickworks falls on loss. Gold hits record high. Namoi Cotton, ASM jump. Sigma profit up. Seven executive quits Stokes camp. 

The Australian NAM 6 months ago
Hot Money Monday: This is what the Father of Momentum Investing thought about ‘undervalued’ stocks

Momentum investing has been shown to be a successful strategy over the long term. The strategy essentially involves “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”....

Stockhead NAM 7 months ago
Hot Money Monday: ASX is best place in the world to profit from momentum strategy, says this fundie

A momentum trader will essentially be “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”. The biggest question for momentum traders is therefore how to find those stock...

Stockhead NAM 7 months ago
Closing Bell: Smug ASX ends Tuesday higher, but not much better

The ASX benchmark has ended Tuesday higher 8 of 11 sectors in the green Small caps led by Plenti Group (ASX:PLT), InteliCare (ASX:ICR) The local market has trimmed some of its early gains (wussed out) after jumping out of the blocks in...

Stockhead NAM 10 months ago
ASX closes 0.39% higher due to gains in REITs and gold

Shares rebounded on Tuesday due to gains in real estate and gold, while the Australian dollar reached a four-month high amid expectations of prolonged high borrowing costs compared to other developed nations. Despite a surprise 0.2 percent...

ShareCafe NAM 10 months ago
In Case You Missed It: AI-aged care deal, EV bank loans and some rare earths

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

Stockhead NAM 10 months ago
Namoi Cotton shares soar on non-binding indicative offer from LDC

Namoi Cotton (ASX:NAM) shares are soaring after Louis Dreyfus Company Asia made a non-binding indicative offer to acquire the company The Namoi Board, after careful consideration, has approved advancing the NBIO The bid was lobbed at...

themarketherald.com.au NAM 10 months ago
Stocks of the Hour: Namoi Cotton, Imugene, Beston Global Food

28 Nov 2023 - A snapshot of the stocks on the move, featuring Namoi Cotton (ASX:NAM), Imugene (ASX:IMU) and Beston Global Food (ASX:BFC).

FNN NAM 10 months ago
ASX up 0.72% at noon: Retail sales in October declines by 0.2%

Retail sales in October declined by 0.2% compared to September, falling short of the expected 0.1% increase, indicating that rising borrowing costs and elevated inflation are impacting consumers' spending. However, over the 12-month period...

ShareCafe NAM 10 months ago
Stocks of the Hour: Namoi Cotton, Imugene, Beston Global Food

  Namoi Cotton (ASX:NAM) has received a non-binding, indicative and conditional offer (NBIO) from Louis Dreyfus Company Asia to acquire the remaining 83% of issued shares in Namoi that it does not currently own, by way of a scheme of arrang...

ShareCafe NAM 10 months ago
Top 10 at 10: Special EV loans, M&A, and a big Brazil REE buy

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Stockhead NAM 10 months ago
Louis Dreyfus offers to acquire Namoi Cotton in cash deal

Global commodities giant Louis Dreyfus (LDC) is looking to acquire Namoi Cotton (ASX:NAM) with a non-binding all-cash offer of 51 cents per share, representing a substantial 41% premium over Monday's closing price of 36 cents. Louis Dreyfus...

ShareCafe NAM 10 months ago
Louis Dreyfus offers to acquire Namoi Cotton in cash deal

28 Nov 2023 - Global commodities giant Louis Dreyfus (LDC) is looking to acquire Namoi Cotton (ASX:NAM) with a non-binding all-cash offer of 51 cents per share, representing a subs…

FNN NAM 10 months ago
Singapore giant LDC explores $105m takeover bid for Namoi Cotton

Namoi Cotton (ASX: NAM) looks set to be absorbed by one of its major shareholders and joint venture partners, the Singapore-based agricultural group Louis Dreyfus Company Asia (PDC), which has launched a full takeover that values Australia’...

businessnewsaustralia.com NAM 10 months ago