Obtala Resources Share Discussion Threads

[archibald meatpants] 06/5/2016 21:13

I suppose sets mean more opportunity for investors, however more possibility of manipulation than seaq.Obviously manipulation works upwards as well as downwards.I'm currently halfway through a bottle of grillo, however will put my foreskin on the line and predict a re-rating this coming week - mid teens even.

[beeks of arabia] 06/5/2016 18:14

What a great week.

Have a good weekend all.

[tadtech] 06/5/2016 16:10

RNS

More good news today, as I stated in an earlier post expect new buyers of Obtala shares from the Far East, can see this getting back into the mid teens shortly.




Move to SETSqx

Miles Pelham, Chairman of Obtala commented, "As our business continues to grow, we are seeing significant interest from investors from outside of the UK. The move to SETSqx is important in this regard as our stock will be available on many more electronic platforms, specifically in the Far East and North America, and as such provide greater liquidity for the benefit of all shareholders. The ability of investors to use their electronic platforms of choice will allow them to more easily trade our shares and avail themselves of many more order types ".

[1smartcookie] 03/5/2016 14:42

Great to see timber orders coming through in light of the recent press on Mozambique.
very encouraging.That is the business that will transform this company, if they get it moving.
Also, saw Kevin at the show,but not entirely sure what his role was in the company. Time will tell.

[tadtech] 03/5/2016 14:16

No surprise to me after the show, they are a changed company in my view and it looks like there are wealthy entities out there wanting to buy into the story.

Another aspect, was told Frank has no intention of selling his stake.

[archibald meatpants] 03/5/2016 14:13

Looking very strong now.

[mohammedalibusiness] 03/5/2016 12:42

Hahaha - oh my the clowns on ADVFN are mental!! What a loser...

Rookieinvestor80 3 May'16 - 11:54 - 2209 of 2209 0 0 (Filtered)

[tadtech] 02/5/2016 13:22

More from UK Investor....

Higher margins and increased sales growth the theme.

Was told that shipping rates have come down significantly, by approximately 66% compared to 18 months ago, this is hugely beneficial to Obtala who ship timber out to the Far/Mid East.

Lower shipping rates will also benefit export of farm produce once ramped up to similar destinations, obviously these low rates, if they remain, will improve margins moving forward.

From the presentation it was stated that Obtala are currently exporting 20-30 containers worth of timber per month but with more investment (circa $1m) this could be ramped up to circa 120 containers.

New trial batches of timber are being shipped out to new potential buyers, it was implied that interest in the forestry assets is significant.

Someone asked about dividend policy, it was stated that a dividend would be paid as soon as it is possible but the priority is to invest for growth.

[michaelfenton] 02/5/2016 07:18

Tadtech - I mam in Cyprus so could not attend so very grateful for your positive and encouraging report. All sounds good and I will resit selling when in profit as this looks like a good long-term holding.

[kaos3] 01/5/2016 20:13

thank you in a big way

[tadtech] 01/5/2016 19:29

Attended UK Investor yesterday and met Obtala on the stand and at the presentation.

Wanted to clear up a number of issues....

Firstly the Mozambique political situation (Renamo) has had no effect at all on the forestry division, was told by Simon Rollason (who was in Moz last week) that this has been hugely over hyped by media, Obtala transports timber to the port with no difficulty.

I emphasized to Miles Pelham that it was essential PR was improved to get the Obtala message out there, he was in agreement, I think we will see a new era in this regard moving forward.

Was very impressed with the new drive to pump out more revenues from both forestry and the farms, it looks like they will ramp up timber sales in the first instance, they have had significant interest from new buyers from the Far/Mid East.

The farms will target high margin and specially selected produce for both export and local sales, the 50% that cannot be exported due to quality/size issues will be sold locally, the idea being local sales will fund costs with export sales delivering clean profit.

It was stressed how important the food certificates are to the business, getting these was described as a 'nightmare' thus the delays in revenue on the farms front. Now they have them they are free to export, export targets mentioned were Saudi and China!

I got the impression from Miles that there may be more new entities buying Obtala shares, is it likely we may see some more holdings statements? I think so.

Non core assets will almost certainly disposed of, the emphasis is to deliver value from forestry and farms which are both capable of significant growth.

The presentation was clean and concise. Miles responded to a question from a very high net worth AIM company director (is he buying in?) that Obtala will remain a non diluting company and will not take on debt, he implied there may well be more money coming from 'investors' interested in taking stakes in the forestry assets.

I am in no doubt Obtala is a changed company moving forward, entirely focused in delivering shareholder value from 2 main assets, no longer a 'bits and pieces' company.

My view is the share price will take care of itself in due course.

No advice intended

[beeks of arabia] 29/4/2016 17:26

Nicely consolidated abover the moving average. Looks primed for another leg up.

Confirmation of monies for forestry (ie: Promising and delivering) will propel this forward.

Have a good weekend all. This is just the start.



PS: anyone seen the negative one (superg)? The last I heard he was crying somewhere over some spilt semi-skimmed.

[jack jebb] 29/4/2016 14:44

Why do you think his cost is over 10p?

If I recall correctly, his announcement of his holding came out near the lows.

[tadtech] 29/4/2016 14:31

Finally some PR and hopefully just the start, if ever a company needed a massive PR push Obtala is the one.

So refreshing, out with the old and in with the new, hopefully IR will also be improved.

Can see this re-rating especially as the new Ex Chairman has 13m shares bought, almost certainly, above 10p.

[zcaprd7] 29/4/2016 09:08

Are the new investors related to this new forestry arrangement? Have they been "encouraged" to buy shares as part of the deal?

[kaos3] 29/4/2016 07:24

I think the management reads this BB. They are answering the questions and dillemas. Very good.17 % of 20.000 ha only. Thank you. I might not sell all after all when the time comes

[beeks of arabia] 29/4/2016 07:17

Money in the bank...

[michaelfenton] 29/4/2016 07:05

zcaprd7 - true but we are not likely to know at this stage what the new investors are looking for. But overall it is a nice feeling that Far East money is on board.

[zcaprd7] 29/4/2016 00:01

It's just the timing is all a bit convenient for his exit stage right. I feel we're being kept in the dark a bit. There was a massive spike a few days ago, and it dropped right back, intraday...

[archibald meatpants] 28/4/2016 11:17

Another new investor...Interesting times!

[1smartcookie] 27/4/2016 20:05

Money due in this week from Basic materials. should be another announcement showing $600k into the company. lets see!
I am topping up at 7.75 if they get there.I think these go to 12p over the next couple of months with a bit of news.

[beeks of arabia] 27/4/2016 18:40

What would that be zcaprd? Quested announced his intention to reduce a few months ago and has been slowly selling in to volume since then. THe latest spike was the perfect time for him to clear out.

Judging by the drop today, most of them have been cleared and moved to new buyers. New blood is sometimes required in a share that has been stagnant for a few years.

[michaelfenton] 27/4/2016 18:29

zcaprd7 - please elaborate - just what exactly do you mean by "Something a bit fishy going on if you ask me..."