Added to YB: 2024-12-27
Pitch date: 2024-12-24
RE.L [bullish]
R.E.A. Holdings plc
+64.79%
current return
Author Info
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Company Info
R.E.A. Holdings plc engages in the cultivation of oil palms in the province of East Kalimantan in Indonesia.
Market Cap
GBP 56.8M
Pitch Price
GBP 0.71
Price Target
2.62 (+124%)
Dividend
N/A
EV/EBITDA
6.69
P/E
3.12
EV/Sales
2.16
Sector
Food Products
Category
value
REA - an OB 2024 idea
RE.L: Preference shares at 78.1p, 70.2% discount to £2.62 NAV. 11.5% yield. CPO producer with 5 plantations, 78% sustainable. Stone/sand business growing. Indonesia 40% biofuel mandate in 2025. Risks: ethical concerns, weather, taxes. Potential upside from asset development, higher palm oil prices.
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