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REA remains positive

By BFN News | 10:27 AM | Tuesday 14 June, 2011

REA Holdingss told shareholders at the AGM that 2011 should be another good year for the group.

In a statement the company said: "The directors are cautiously optimistic as to the extent and speed to and at which the planned continued expansion of the group's oil palm hectarage can be delivered and remain reluctant to assume the success of the group's new venture in coal before this has been proved by results.  

"Nevertheless, they are encouraged that, in recent months, outstanding land issues have become more tractable and can see that, if successful, the new coal operations could represent a useful diversification for the group." 

At 10:27am: (LON:RE.) R.E.A. Holdings share price was +0.5p at 688p

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