Report
Doug Hawkins

R.E.A. Holdings (RE.L): All Change From 2019

As weather patterns revert to more normal conditions, REA is hoping to see production levels rise across its oil palm plantations in Kalimantan during 2017. However, full recovery in oil palm production can take up to 18 months, so improvement in production will spread into 2018. Nevertheless, revenues should see growth of more than 20% y-o-y, helped too by contributions from the electricity generating operations and possibly, also by the coal mining activities, as demand for coal grows domestically and abroad, providing support for prices.
Provider
Hardman & Co
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Analysts
Doug Hawkins

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