Share Name Share Symbol Market Type Share ISIN Share Description
Obtala LSE:OBT London Ordinary Share GG00B4WJSD17 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 5.85p 5.80p 5.90p 5.85p 5.85p 5.85p 135,000 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 8.4 -9.9 3.5 1.7 19.29

Obtala Resources Share Discussion Threads

Showing 12026 to 12046 of 12050 messages
Chat Pages: 482  481  480  479  478  477  476  475  474  473  472  471  Older
DateSubjectAuthorDiscuss
16/10/2018
08:41
I wonder if Milesy will top up?
beeks of arabia
03/10/2018
15:01
"posh factoring" then...
zcaprd7
03/10/2018
13:18
There's no reference to "factoring" in the recent interims, they specifically note: "As discussed in our recent market update in July, the main challenge in our search for trade finance has been the adoption by Banks of the Basel 3 capital adequacy regulations, the technical implementation deadline for which is 2019. This has reduced the willingness of banks to lend against receivables and inventory, particularly in developing markets and hence our focus on partnering with a specialist fund or funds to convert the pipeline within our substantial order book into sales. Given the growth backdrop of the continent, very significant opportunities clearly exist for companies that prove themselves capable of delivering the necessary funding solutions. Achieving this is a fundamental part of our strategy and we expect the time and effort invested in this to be rewarded" From: Https://www.investegate.co.uk/obtala-limited/rns/half-year-report/201809031643186279Z/ The announcement from earlier in the week also notes: "Our internal trading fund (ITF) attracted additional capital during the quarter and now stands at US$4m. The vehicle pays 11.5% to lenders and is secured against receivables, inventory and timber that has been invoiced and received from third party suppliers. The initial tranche of ITF deployed in January 2018 has been recycled on average every 80 days and average margin per trade has been above 10%. We believe the high levels of proven returns provide compelling evidence for potential investors as we seek to scale the trading business." From: Https://www.investegate.co.uk/obtala-limited/rns/quarterly-update/201810020700066096C/ So this "internal Trading Fund" has security over the trade receivables. JakNife
jaknife
03/10/2018
11:32
No, I think it's just for trading liquidity, they are factoring their invoices for cash flow purposes... The deal will be with a bank.
zcaprd7
02/10/2018
10:00
JakNife - I’m assuming that fund refers to the directors’ loans/investments discussed earlier but maybe not?!
blue59
02/10/2018
08:32
Too complicated for me. All they need to do is chop some trees down and operate a manufacturing/ processing Plant. I have concluded that is probably too much for these Directors to achieve. They cannot even respond or acknowledge a simple email.
pj 1
02/10/2018
08:24
The key point that I got from this morning’s update is that if you don’t want to buy the ordinary shares or the preference shares (yielding 5%?) then they now have some new fangled “fund” that they’re offering to investors that’s paying 11.5%!! Who saw the advert for that one?
jaknife
17/9/2018
21:50
‘..there was (sic) some willing sellers...’ Just about says it all!
blue59
17/9/2018
13:41
Well worth a listen. hTtps://audioboom.com/posts/7010096
jack jebb
14/9/2018
12:00
...and again!
shareideas1
14/9/2018
08:44
LOL! I suspect its more to do with the person who knows most about the company investing serious wedge into it.
jack jebb
13/9/2018
11:07
Aye. Always good to put some legwork in to research before investing. A 140 character tweet should do it
beeks of arabia
13/9/2018
10:57
I've acquired a few today - A mention on twitter -
tomboyb
13/9/2018
10:56
How much more can he buy. Confidence or what
letmepass
13/9/2018
10:09
More chairman buying of prefs today
shareideas1
12/9/2018
11:25
He's certainly good at trading his own stock. He sold 9 Million shares at 8p in July and has bought back 8 Million shares at around 5p. Several hundred £k in that manoeuvre.
simpletonremover
12/9/2018
09:45
And again today...
shareideas1
11/9/2018
15:24
More director buys.
tidy 2
11/9/2018
12:11
Nice buying again.
hope67
11/9/2018
11:27
MP back in the market buying shares
shareideas1
10/9/2018
11:43
https://total-market-solutions.com/2018/09/10/obtala/Obtala has been in decline over the past 12 months following a major shake-up of its business that has involved several major acquisitions and a large placing. Could #OBT be worth a punt at 7.6p asks @TMSreach ?
burtond1
Chat Pages: 482  481  480  479  478  477  476  475  474  473  472  471  Older
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P:42 V: D:20181018 11:55:51