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% 17.375p 17.00p 17.75p 17.375p 17.375p 17.375p 2,842.00 07:34:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 3.7 -10.4 -5.4 - 44.98

Obtala Resources Share Discussion Threads

Showing 11226 to 11241 of 11250 messages
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DateSubjectAuthorDiscuss
18/4/2017
17:57
The trend on Obtala is downwards. The chart clearly shows this. Obtala certainly is not a value investment. The smart money has been made by those who came in around the 5p mark and sold around the 20p mark. They will mostly be trend followers. The value investors who buy and hold will begin to see the profits decrease and the share is being sold. I would not be surprised at all if this went back to the 12p - 15p range. It may even see 10p who knows. Asset values are great if anyone ever actually sells them for anywhere near the valuation. It is revenue growth and ultimately profits that will determine a future share price for Obtala.
bapodra_investments
17/4/2017
11:53
hxxp://www.shareprophets.com/views/28476/obtala-fact-check-evil-banksta-is-just-wong
scotty1
13/4/2017
16:35
Keep driving backwards, fella.
jack jebb
13/4/2017
16:21
LOL, you're living on planet la la. 13 farms in Tanzania or 1 Obtala (which only actually owns 75% of the farm and has some preference share liabilities as well). Common sense tells you which is more valuable, although common sense is remarkably uncommon. Happy Easter all, JakNife
jaknife
13/4/2017
16:13
Jak I am not interested in what it is worth today. It is what it will be worth in 3-5 years time that is of importance to me, and why I, and most others, are invested. When you have a farm of this size that will produce a whole host of fruit and veg (and no wheat), all of which will be sold, and a forest the size of Kent, much of which has expensive woods, equipment to utilise it all, and a global market, you own part of a simple business that has all it needs to become a several hundred million/billion dollar company. You think it should be priced at 10% of current levels at 2p or so; I think it will be conservatively trading at well over 100p by then. Your approach is very much looking in the rear view mirror. I, and other shareholders, are looking forward.
jack jebb
13/4/2017
15:49
hxxp://www.shareprophets.com/views/28429/video-dragon-s-den-2-featuring-sula-symphony-environmental-asiamet-bluebird-merchant-ventures-with-nigel-wray-at-uk-investor-show-2017 OBT in at 2.53min
scotty1
13/4/2017
10:22
Jack, Tell, us how much is it worth and how do you determine the numbers? Jak
jaknife
13/4/2017
09:58
You are concentrating on the wrong thing. It is the forestry that has the massive value. The agriculture will be the cash cow that produces the regular, sustainable and increasing monthly revenues. However, land which is unprepared is probably only worth what you claim. Land with properly prepared soil, irrigation, regular crop growth and rotation, drying houses, machinery and security isnt. Dont let facts get in the way of your misinformed campaign though.
jack jebb
13/4/2017
09:47
I don't recollect ever writing on London Clubs. In the absence of evidence, it didn't happen. Eg, in the absence of evidence showing that a 1,730 hectare Tanzanian farm is worth $20m then I have to assume that it's worth a little bit more than a 1,400 hectare Tanzanian farm that's available for £3.4m: hxxp://tanzania.realigro.com/for-sale/farmland/arusha-1/14810.html
jaknife
13/4/2017
08:28
Derampers will always exist. They post for their own personal agenda and to frighten suckers in to selling so the proceeds can be mopped up cheap? I have almost reached the point of not reading. I am here to learn not to be conned?
michaelfenton
13/4/2017
08:04
LOL! Is building flats Obtala's latest ruse? I lose track, they do seem to change their minds regularly.
jaknife
12/4/2017
19:51
Here you go evil banksta, some more comments on people putting upto $10mln into this mythical business: https://www.youtube.com/watch?v=VAKbbbbGzJ4
jack jebb
12/4/2017
09:36
Evil Scriber You might like to reread the RNS of 1/Dec/2016 to see how mythical this hard cash was valued at then.
jack jebb
12/4/2017
08:56
Jack Jebb Its a bad thing to buy a asset cheaply and then use Level 3 fair value Enron mark-to-myth accounting to pretend that it's worth something that it's not. regards, JakNife
jaknife
12/4/2017
08:11
So its a bad thing to buy a significantly undervalued asset cheaply? I am glad you're not running this company. Forestry concessions in Mozambique are actually not easy to get hold of, particularly after they have ceased the illegal logging operations that were rife. Indeed, I understand from the investor show that Obtala are in negotiations with the Government to buy the thousands of tonnes of illegally chopped wood at a knock down price. That, my little keyboard warrior, is how to run a business. Buy low, sell high. As for the percentage Obtala own, that is how to do business in Africa. Better own a majority stake in something valuable than 100% of something worth nothing. People like you look at shares that have risen, where you have missed it completely, and try to find reasons to knock it down. The CEO and Chairman here have bought 10% of the company with their own money. Not options, freebies or anything else that AIM management habitually do. I suspect they have a better idea of the value of their purchases than a keyboard commentator like you.
jack jebb
12/4/2017
07:43
Good morning Jack Jebb, I prefer my explanation of the preference shares (as a hybrid that is part debt, part equity) to that paid for moron at VSA. I was going to include a comment in the original article but here's as good a place. VSA moron notes: "A 2014 assessment by Honour Capital valued 11 of OBT’s forestry concessions at £107.9m (using a 12% discount rate). This compares extremely favourably to OBT’s current market cap of c£50m. Since then, OBT has secured a further concession covering an additional 35,000ha, which has the potential to widen this mismatch even further." But of course he/she (shall we stick to just "VSA moron"?) fails to note that Obtala owns (at best) *ONLY* 58% of the forestry concessions business. And he/she further fails to note that the biological assets number is a made up fiction plucked out of the air, which is best evidenced by noting that OBT paid basically nothing to secure the "further concession covering an additional 35,000ha". It's a good game when you can buy something for nothing and then pretend that it's worth £107.9m but that's exactly what they've done with their Level 3 fair value Enron mark-to-myth accounting. 13 Tanzanian farms or 1 in Obtala. Common sense tells you the answer ... but common sense is remarkably uncommon. JakNife
jaknife
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