R.e.a Share Discussion Threads

[coolen] 11/3/2016 20:31

Founder-director and major shareholder retiring shortly. Maybe already.
Bright lad. One of the few people in the City who was able to write an Offer Document single-handed.

[topvest] 11/3/2016 19:36

Quite a price increase today. Always the chance that they will be on the end of a bid at this level.

[my retirement fund] 04/9/2015 12:09

I see they have struggled with the issue of senior 8.75% notes and have not managed enough they wanted to neatly deal with the 2017 notes.

I also see they were talking about issuing more equity to conserve current cash balances.

Entire operation is looking rather over leveraged.

If palm oil prices plunge further there's going to be trouble at the mill

[mw8156] 04/11/2014 22:25

should be due an IMS any day now and today a 'buy' A/C finncap.

[exbroker] 28/10/2013 10:06

I spoke to the company last week and can report the following.

Relations with the locals are better with no major problems since the spring.
The power generation is not being distributed via a locl grid, they have much more capacity and will join to the national grid in due course, they dont provide the wires etc that the national energy company so who knows how long that will take.
Saving in diesle about $3m per year as well as cash back from the sales.
Production volumes up, extraction rates getting better as is the quality of the oil.
Palm oil price reasonably stable and ok for them at this level.
Local currency weak against the dollar so has helped recover some local cost rises, ie labor.
Coal now being looked at by a partner with a royalties deal, no cost to REA.
Crushed stone, they are still waiting to get the permits to use on there own roads, thay have the only supply in the area so may be able to sell to third parties in due course.
Conclusion.
A hold, this company is worth a lot more to a bigger local produce than the market give it value as a listed entity. At some point the chairman will retire and sell the stake, this plus the insto holders will be able o deliver over 50% so an easy deal at some point.

[phoenix1234] 12/6/2013 11:10

REA Holdings at 402p worth 500p – VSA post AGM Statement
 hxxp://www.shareprophets.com/views/644/rea-holdings-at-402p-worth-500p-vsa-post-agm-statement

[trytotakeiteasy] 07/5/2013 19:36

oh dear a placing.. that is RE. off my potential buy list... company can't even manage its own finances....

[citymohawk] 04/1/2013 23:23

Hi All

I've put a bit of analysis down on RE. I welcome your thoughts on the VALU thread.

Thanks
CM

[pugugly] 20/12/2012 09:23

Maybe this is one of the reason why the share price has fallen and (imo) could have further to fall.- Continuing fall in palm oil prices and also coal..Extract from the FT today.


"Despite tentative signs that China's economy is starting to pick up again commodity prices remain low. Palm oil and rubber farmers have been squeezed, coal miners have been forced to shutter sites and send home workers, "

If you have access to the FT well worth a read. In world News.


Also link to Palm Oil prices

[exbroker] 13/9/2012 17:50

Re is this about coal, no it was all to do with falling out of the All Share index on June 15 that's why the price was under pressure and the volume so high around that date.

[johnrxx99] 16/8/2012 04:09

Coming back very nicely. More to go imo.

[pugugly] 17/6/2012 11:10

undervaluedassets;> Good point - I had missed pLUS Japan restarting some reactors so could possilbly increase downward pressure on hydrocabon pruces by reducing demand for gas and a knock-on effect on coal.

One for the back burner - Revenue is there, it is just a case of share price falling to an acceptable buying level in respect of yield.

[undervaluedassets] 17/6/2012 08:41

Is this about coal too?

coal has gone very cinderella lately.

palm oil price is also off substantially with along with crude

[johnrxx99] 17/6/2012 04:28

AGM was not bright thus continued negativity. The Malaysian IPO has done anything to help either. Watch and wait.

Pugugly, thanks for that, you could well be right but at 200p it would be quite a steal, assuming half the worlds population hasn't gone.

[pugugly] 31/5/2012 16:08

johnrxx99:> Have a look at the 10 year graph - Chartists might say it is making a very extended head and shoulders wit a downside of about 200p

I have not checked fundamantals - Only graphic pattern.

[johnrxx99] 29/5/2012 08:56

I'm a bit risk averse at the moment (understatement) until this Greek situation quietens or blows up. I suspect Spain will continue whatever.

It looks a bargin at these levels until I look at the 5 year graph. Borrowings are still essential and a meltdown could have serious short term consequences.

[undervaluedassets] 08/5/2012 07:25

yes weird.

I can find nothing wrong here.

opportunity?

[hectorp] 06/5/2012 17:14

It's much lower fast... on watch.

[gill23] 26/4/2012 13:14

have i got this right, there is a futures market for house prices? like ftse or dax?

[johnrxx99] 23/2/2012 01:51

This board is probably for my own benefit to track the company. I have a small holding.

[johnrxx99] 23/2/2012 01:26

A somewhat neglected palm oil producer and coal dealer. Feb 2012's trading update was positive and they are meeting goals in a consistant manner. They are trying to create a more Indonisian friendly corporate structure and they seem to be able to handle local disputes reasonably well.

No doubt part of the unattractiveness of the company is the location thus it is trading on a per of under 7 with a peg of 0.27 and pays a small dividend.

Palm oil has had bad press over the years but REA have many years of experience and are developing their acreage in an established palm oil area and also encourage artisan production which they mill.

[topvest] 01/10/2011 14:17

Can someone explain the story re. the preference shares here please and the various capitalisation issues?

I don't quite understand why the company issues preference shares to holders free to augment low returns from ordinary dividends due to lack of cash flow because of the extensive capex programme.