Dekel Agri-Vision’s community and multi-commodity approach is bearing low hanging fruit
“…A step change in profits has been forecast due to the company’s diversified operations…”
Collaboration with thousands of palm oil farmers in the Cote d’Ivoire, and investment in communities in Western Africa has laid the moral and corporate foundations for Dekel Agri-Vision’s additional commodity venture into cashew nuts.
A recent research note by Arden says the relationship between farmers and the company is symbiotic and one of the reasons they have put their target price for the stock at 7.6p, equating to a market capitalisation of £32.2mln.
The note factors in just a fraction of the cashew business which executive director Lincoln Moore is confident will be profit making within its first year of business with operations commencing Q2 2021. Construction of the on-location processing plant is gathering pace as evidenced by the timely visual updates on the company’s twitter stream @DekelAgriVision.
Listen to executive director Lincoln Moore tell Sarah Lowther why the cashew enterprise is providing low hanging fruit and why investors should expect news about forays into related commodity ventures when it is financially prudent to do so.
Access the Arden Research note here
The author was remunerated but does not hold shares in the company