R.e.a.hldgs. Share Price (RE.)

The late dividend payments of around 11.5p on the 9% preference shares look like to be paid on 7 April , even their price is moving up. They have stated that all being well dividend payments will then normalise to 4.5p end of June and 4.5p end of December, so there could be a 20.5p a share divi by 30 Dec 24. I am in on preference shares but not on these.

This has risen around 10% this week. Have I missed some info? Tipped by somebody in the press?

Yea, Evil knows the Directors well so knows the score but like many before he's been a buyer much higher up the food chain and will be 'doin' money if he's still in.

I was.... very stupidly bullish on RE some years ago and threw in the towel. I'm back in on a joint but 250 that looks a stretch given their unlikely to be making money at $980 given the Indonesian Govt propensity to use palm companies as their own piggbank

You may have read Virgin are flying to NY on 100 % sustainable veg oils

having got UK clearance. Given the obsession with carbon neutrals etc this should be good for palm oil in the years to come as REA have a direct route into local mrkts.

Celebrity trader Evil Knievil follows REA and he has provided a brief but positive update in his most recent column. He also stated that Panmure have put a target price of £2.50 a share on the stock.

Like the deal loosening the strangle hold of debt which has crippled REA for far too many years. Its been a longtime comin' I just wonder it might be too late cpo prices being where they are.....whatever REA is on a much sounder footing even on significantly reduced acerage.