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Published date:
Thursday, May 1, 2008Landkom International (LIK:AIM) 97.5p
Last week the Ukrainian government decided to lift all grain export restrictions. This should significantly benefit the company. Until now the price of wheat in the Ukraine has been at ‘a significant discount to world prices’. The lifting of the restriction will enable the group to sell the 2008 harvest directly to international buyers at higher prices. That should lead to profit upgrades. Already 22% up on our original 79.5p tip, the shares should continue to motor.
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