Dekel Agri-vision Share Discussion Threads

[hastings] 21/9/2021 07:30

Indeed rivaldo, much to like, should be interesting to see how it's received in the current market climate. Hughie Green moment perhaps! (Showing my age lol)

[royalalbert] 21/9/2021 07:27

No problem with these results, 50 days for cashews as well, confirmation of commissioning.

[rivaldo] 21/9/2021 07:23

Terrific H1 results today.

Against a £24m m/cap, H1 produced €3.9m EBITDA and €2m PAT - and that's after including the set-up costs of the cashew plant.

Cashews are on the "cusp" of first production, and CPO prices remain at around 10-year highs - boding well for the coming high season given the 6-8 week delay in pricing locally.

Plus there's the potential for a third commodity, and for clean energy projects being assessed.

Also noteworthy is "completion of final pre-audit of the Roundtable on Sustainable Palm Oil (RSPO) certification process setting us up to deliver our goal of RSPO certification".

Can't ask for more.

[chadders] 21/9/2021 07:21

Early interims usually a good sign. DKL eager to publish their stellar results...they don't disappoint. On the cusp of Cashew business commencing.

[mr doughnut1] 21/9/2021 07:21

All reads very well.

[2vdm] 17/9/2021 10:32

Shouldn't be long now before we get an update on the commissioning of the cashew nut plant and the next month's figures re CPO production, the latter in 3 weeks approx. There's a huge amount of money out there looking for opportunities. I think once this gets on the radar it will move quickly, so I continue to hold and add when I can.

[tradertrev] 16/9/2021 11:35

Surely only a matter of time before the shares break out of this wedge pattern...

[rivaldo] 16/9/2021 09:47

CPO prices remain around multi-year highs:



REA Holdings reported H1 results last week, and commented:

"With CPO and CPKO prices expected to remain at remunerative levels, the group looks forward to a period of prosperity"

[royalalbert] 14/9/2021 10:06

Cheers for that.

[outlawinvestor] 14/9/2021 07:49

Anyone have any idea on PEs for this type of industry?

Food Producers sector PE is 21.9 according to

[royalalbert] 13/9/2021 17:27

Chadders yes he did mention the 60 days. However a RNS stating that a start of commissioning has begun would in my eyes be appropriate given the number of times that it has been mentioned in previous RNSs.

All said and done this board is very quiet, the people here seem to understand the business and the potential for the future. Lets hope we are correct and rewarded.

[chadders] 13/9/2021 09:18

ROYALALBERT,the only RNS to realistically expect will be the interims. LM mentioned cashew production in 60 days in the last monthly update. Could elaborate on that maybe but I wouldn't be surprised if we had a separate note announcing cashew production had commenced.

[rivaldo] 13/9/2021 08:38

From MP Evans' H1 results this morning - I suspect Malaysian COVID restrictions won't be fully ease for some time to come given Delta etc, which should continue to be good for CPO prices:

"As indicated above, CPO prices remained strong in the first two months of the second half of 2021, and given the continued strength evident in the forward markets, the full-year average cif Rotterdam price is likely to be at a multi-year high. Looking into 2022, much depends on the extent to which production in Malaysia recovers if and when foreign labour restrictions are relaxed as Covid-19 is brought under control."

[royalalbert] 10/9/2021 09:23

Rivaldo, 9p is not to far a stretch, once cashew plant is generating revenue fully next year expect us to exceed 9p.

Anyone have any idea on PEs for this type of industry?

[rivaldo] 10/9/2021 08:19

Arden have published a new research note - they retain their Buy and 9p target (they also have a 9.5p DCF sum of parts valuation.

They expect the "forthcoming half year report to reflect the very strong start to the year".

They also have an encouraging comment that:

"We see news from the Malaysian Palm Oil Board (MPOB) detailing lower yields and broader sentiment around shortages of labour as a strong indicator for continuing support for the strong pricing environment which Dekel’s Côte d'Ivoire plant can capitalise on."

[royalalbert] 09/9/2021 09:30

You would think that chadders, half year results and cashew plant commissioning RNS's together?

[chadders] 09/9/2021 09:21

Excellent CPO news as expected. Cashew production within 60 days so commissioning has started, if as Co stated earlier 60 days commissioning required. Half year results before end of month I expect to froth things up a bit....

[mattjos] 09/9/2021 09:05

Very nice update

[here and there] 09/9/2021 08:09

Excellent set of numbers. Nice, easy long term hold, waiting for the market to catch up.

[royalalbert] 09/9/2021 07:53

Looking good rivaldo, if we take averages given by the company.

H1 revenue CPO 20.249m Euro
PKO .969m Euro
PKC .131m Euro

Total H1 21.349m Euro.

July production comes in at 3.301m Euro in total.
August comes in at 2.246m Euro in total.

Total for the first 8 months is 26.896m Euro, total revenue in 2020, 22.5m Euro.

Looking good may be an understatement, granted CPO price is high but oilers move up in good times, so should we.

[rivaldo] 09/9/2021 07:14

Another terrific monthly production report out today:

- CPO prices 76% up on last year!
- CPO sales 25% higher than last year
- PKO sales 181% higher than last year

Plus first cashew production confirmed for within the next 60 days. And a noteworthy comment that:

"International CPO prices continue to remain at 10 year highs. Should prices remain around this level over the coming months, we are very well placed to continue this period of strong momentum into the next high season commencing mid January":

[mr doughnut1] 08/9/2021 20:14

From R.E.A Holdings half year results, today.
Outlook - ‘with CPO AND CPKO prices expected to remain at remunerative levels, the group looks forward to a period of prosperity’.
The share price finished up 12.28 percent.

[royalalbert] 08/9/2021 15:52

Not many shares around max buy £1500 otherwise NT.

[royalalbert] 08/9/2021 13:27

Chadders could receive a update regarding cashew at the same time

[mr doughnut1] 08/9/2021 08:56

REA up this am.