R.e.a Takeover Rumours (RE.)

Hi pb - lots of positives around, I think. And a few negatives.Company has indicated that higher prices will likely be offset to some degree by lower volumes. As for stone, company appears to continuing with the consolidation already mentioned. Then there is the £20m+ due in August. Suspect there will be some reduction with the rest rolled over.As regards takeover, imv a “local” is more likely. Everything depends upon CPO price remaining strong though.

dandigirl. I hold a few ordinaries and really should have just bought more prefs instead, it was many years ago at much higher prices. With CPO hitting a multi year high if you exclude the covid peak. You would hope management will get things right this time. I hope the palm oil is producing good cashflow. I really hope the management team continue to retire expensive short term debt. Once this debt is fully repaid, If it was me running the company I would buy back prefs at below par. Then one day start paying dividends on the ordinaries. I just hope they do not buy any coal or stone mines where they have no expertise. Maybe in the new year we will get a takeover for the entire company. Come on MPEvans. I would be happy to take 120p for my prefs and 200p for my ordinaries. It would be a great Christmas present. To all Merry Christmas and Happy New Year.