Obtala Resources Share Discussion Threads

[jack jebb] 16/11/2016 05:42

But I'm a generous man, zcap.


NAV per share:

Latest corp interims released on 30th Sept put assets at $170m (independently valued two years ago and audited). With no debt that puts NAV per share at 52p.

($170,000,000/
263,260,644) / 1.24 GBPUSD
= 52p

[jack jebb] 15/11/2016 18:36

I am not sure you should rely on strangers on free bb to make your investment decisions, and even if someone gave their nav opinion, who's to say its right?

Sell if you dont like it. There's plenty of willing buyers.

[zcaprd7] 15/11/2016 16:29

Well. I don't understand the nav calculation for the forestry division anymore. And the new corporate structure isn't helping that? All I want to know is the nav per ordinary share, and no one here can tell me convincingly...

[jack jebb] 15/11/2016 10:41

Not too late to get back in, iLee. Not by a long way.

[ileeman] 14/11/2016 14:37

I see OBT is hitting yearly highs...does Superg still post here?

lol

[tadtech] 14/11/2016 12:20

Remember directors hold 40% of the shares and have been strong buyers this year.

I can see this getting to 30p+ in due course based on forward revenue streams alone.

Miles Pelham has delivered and most importantly seems to have wealthy Far East contacts happy to continue to buy OBT shares.

[michaelfenton] 14/11/2016 11:28

Yep the tax concessions certainly help the bottom line and as for NAV I cannot say apart from the obvious fact that OBT is still undervalued. News re agriculture would be welcome after a lot of promises it has been slow to develop. Surprisingly forestry has been the driver of share price

[zcaprd7] 14/11/2016 11:13

It's a resource company. I think it's reasonable to ask how much the resource is worth?

[jack jebb] 13/11/2016 19:39

I am not sure how current NAV is relevant. Its like trying to value something like AMZN on current NAV, pointless. What you are buying here is future revenues and profitability, which should be quite spectacular starting from around now.

[zcaprd7] 13/11/2016 18:20

I didn't trust that calculation as they seemed to think tax breaks equals nav...

[scotty1] 12/11/2016 19:02

If one looks at the valuations external investors have placed on the forestry assets in real deals it is clear that NAV is now well in excess of 35p per share. As such we upgrade our stance to buy at up to 17p with a target of at least 25p to sell.

[scotty1] 12/11/2016 18:59

Why zcaprd are you not capable of doing the calculation yourself 😏

[jack jebb] 11/11/2016 15:29

Did you mean tetchy? I'm not. I was just responding to your post.

[zcaprd7] 11/11/2016 13:10

Wow. Why are you so techy?

[jack jebb] 11/11/2016 10:55

Who are we? And why are you waiting?

[jack jebb] 10/11/2016 20:12

Several of the company's announcements mention irrigation, old fruit. Obtala's land isnt in the Sahara, and water supply will not be a problem. I'd stick to premium bonds, mate, though there is a chance Ernie could break down if there was a power cut.

[michaelfenton] 10/11/2016 19:22

Jack Jebb you cannot grow fruit and vegetables without water, True people want to eat but you need a guaranteed water supply. I was just asking a simple question and was just a little flabbergasted by your response.

[jack jebb] 10/11/2016 17:28

I think we're all flabbergasted at MF's global warming concerns.

Whether its true or not, I suspect approx 99.9999999999999999% of the world population will want to carry on eating tomatoes, bananas and whatever crops OBT decide to grow and sell.

Similarly, the wood from the forests will equally be in demand, if only to build the rafts for protection from the global floods that concerned Noah a few years back.

[zcaprd7] 10/11/2016 13:36

Well, get more worried if you believe the fairy tales, because Trump doesn't...

[michaelfenton] 02/11/2016 19:26

Thanks Jack I was just a bit worried about global warming and changing weather/rain conditions?

[jack jebb] 02/11/2016 19:05

Sorry fella, I was being flippant. I know they have cultivated and irrigated a considerable amount of hectares, but as for how many, I do not know.

[michaelfenton] 02/11/2016 17:23

Jack Jebb

Can you elaborate on the yes? Please.