Analyst Research Report Snapshot

Title:

LANDKOM INTERNATIONAL - NEW SHOOTS FROM RESTRUCTURE

Price:

$10.00

Provider:

Edison Investment Research

Date:

14 Jun 2010

Pages:

12

Type:

AcrobatPDF

Companies referenced:

LKNTF.PK

Available for Immediate Download
Summary:

A new management team, constructed over the past nine months, has acted aggressively to bring Landkom back on track after its shaky start as a public company in 2007. Costs have been cut significantly; the land bank is being tuned and its quality improved; inappropriate investments in machinery are being replaced; and the quality of its expertise in agronomics has been greatly enhanced. The initial indicators of progress should begin to show through in the return on the current year’s harvest. This will be a significant step in the process of rebuilding confidence in an investment opportunity that has considerable potential in the large and highly fertile market of Ukrainian arable farming.

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