🕐02.12.14 - 12:54 Uhr

DEKELOIL PUBLIC LIMITED (DKL.L) - POSITIVE LOGISTICS UPDATE PROMPTS BEAUFORT SEC
URITIES TO REITERATE SPECULATIVE BUY AT 1.25P



Good morning Please see below a comment from Beaufort Securities on the back of today’s news that DekelOil, the vertically integrated palm oil producer in Cote d’Ivoire, will have four logistics hubs operational ahead of the peak 2015 Crude Palm Oil production season in Cote d’Ivoire.

The Company currently has two operational which are designed to ensure a seamless and constant supply of fruit from local smallholders to the Company’s 60 tphr mill, which is the largest in West Africa.

With two more forthcoming in the short term, the Company will be well poised to increase CPO production in March 2015. The Company’s announcement is also attached. Many thanks Lizzie [Visit the Beaufort Securities website]
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Research Report Tuesday, 2nd December 2014
DekelOil Public Limited (DKL.L) - Speculative Buy at 1.25p The implementation of a comprehensive infrastructure framework that connects local farmers to the Mill will ensure a seamless and constant supply of fruit, delivered for processing during the two peak harvesting seasons in the Côte dIvoire.

With four hubs due to be operational in time for March when the next peak season commences, combined with the expanded truck fleet, the company is highly confident that the year ahead will see a significant increase in CPO production volumes at the Mill.

We assign a Speculative Buy and regard DekelOil Public Limited as significantly undervalued.

Read the full report Beaufort Securities acts as corporate broker to DekelOil Public Limited plc [Download this research report now!]
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To discuss your strategies with a broker, please call us on 020 7382 8384. Harry Stevenson Research Analyst Beaufort Securities Ltd, 131 Finsbury Pavement, London, EC2A 1NT (t) 020 7382 8384 RISK WARNING The information does not constitute advice or a personal recommendation or take into account the particular investment objectives, financial situations or needs of individual clients.

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