Landkom is fast becoming one of Europes largest producers of high value agricultural feed stocks including oil seed rape (OSR) and wheat for the biofuel and food markets. The company's production is centred in Western Ukraine where the land is amongst the most fertile in the world. In 2007 the company will have planted 10,000 hectares of land for harvest in 2008.

Demand for feedstock in markets in Europe and the rest of the world is likely to outstrip supply for several years to come. European Union (EU) biodiesel, which has been mandated for a 5.75% biodiesel blend rising to 10% by 2020, is likely to result in a demand/supply imbalance in the world OSR and wheat market.

Landkom is well positioned to take full advantage of opportunities due to its geographical location in Europe, modern farming methods, low cost operations, better than average yields and flexibility of crop.

Landkom is a major positive contributor to the economy as we are now fully utilising former agricultural land which was fallow.

Raised 50.1million through its placing on the 15th of November 2007 at a price of 50 to 52p a share

Current Targets (Expected upgrade and update on planting in March 08)
Current rights to 50,000 hectares (10,000 planted) and a target to increase this to 350,000 hectares

Landkom Homepage

Good to see Chief Exec supporting company with cash...
This RNS from 25.01.08...

LONDON (Thomson Financial) - Ukraine-based feed stocks producer Landkom International PLC said chief executive Richard Spinks bought 13,300 shares at 76 pence each, taking his stake in the company to 11.41 mln shares or 6.03 pct.

Certainly had a good start to trading...

Had a read of Farmer's weekly, old habits die hard!Talks about agriculture becoming more important now than since the war due to rising population, prosperity therefore demand for exotic foods, reduction of agricultural land by growing housing pressures, falling agricultural yields, higher input costs and wilder weather. Not sure whether it is easier to just buy cfds/ spreadbets in soft commodities which will only benefit from all of the above as well as a falling dollar. Difficult to appraise the management, politics risk of disease involved in Landkom's venture and commodities will always have some intrinsic value whilst shares can ultimately become worthless or diluted.

Have wheat and corn futures on watchlist with spreadbet, but looking at this type of company, in its infancy to cover agricultural would be a favourable exposure and with no running costs of SB or CFD's...

Share price powering ahead. My stake is via a quarterly spreadbet with IG-index

Good news today. Landbank predictions at 115'000 hectares by the end of 2008. Currently at 76'000.

Hope everyone bought in before the update,

Good results and plans... future is bright for this co, imo

Looking very good here, been acquiring some stock of late.

2 to come. Oil is 129

That makes oil $254 pb!!! I think not! :o)

The production is planned to increase 30% a year.
Given their performance this year, the increase can be much more and much more productive than the current levels.

Their cost is very low... Watch and learn... DGO was 10p when I suggested to buy!

Picking up again now, this should continue to gain going forward.

Looks to have fallen too much of late, and a bit of catch up to regain the former highs.

LKI will update the market on their progress in sept '08, but planting & land aquisition seem to be on target. Broker target is currently 118p. However, bad weather & a poor harvest look to be the only risk factors, in a market of high oil seed & wheat prices.
If they increase their land bank at the end of the year, it is probable that they will need to raise more capital, so share dilution a possibility.

That looks like good news on the summer harvesting agreements and a bit of additional revenue to come from the cereal crops already planted.

I suppose that was very positive. Why the fall then?

From what I read a few weeks ago, there is concern that the Ukraine is on russia's list of areas which may see troop deployments. Political uncertainty is knocking this one, imo.

I thought that is more positive.

broker target 118p.....lol, hilarious.

18p more like.....or 1.8p