Obtala Resources Share Discussion Threads

[beeks of arabia] 26/4/2018 13:24

I don't understand the question

[michaelfenton] 26/4/2018 13:08

Beeks - have you looked at it recently?

[odvod] 25/4/2018 13:39

looking very good here - for the trees

[getmeoutofhere] 18/4/2018 08:53

Problem here is, East Africa region quickly developing a track record as unfriendly to any sort of monetisation of resources - see Acacia. Overlay that with the stack of 'shareholders' in OBT leveraged/margined up their eyeballs and this probably goes lower on fear/margin calls before recovering in the medium term

[jack jebb] 18/4/2018 06:22

I agree MF. Basically, the Moz Government have taken out all of Obtala's competition there. Short, medium and long term, this can only benefit them imo. but frankly, whether the wood is produced in Gabon or Mozambique is hardly of major importance.

Storm in a tea cup, and stock punished by Obtala's desire to keep shareholders updated.

[stats12] 17/4/2018 14:35

No, interims are out shortly and we will get a better picture then.

[pj 1] 17/4/2018 11:37

Stats12
17 Apr '18 - 11:21 - 3151 of 3151
0 1 0
Utter nonsense - read the last trading update and then this, major profit warning, is you totally doom mongering
==================================================================================

Really?

Stockopedia has consensus turnover increasing from £7.84m 2017(E) to £32.9m 2018(E) +320%

You don't think those figures are at Risk at all then?

[stats12] 17/4/2018 11:21

Utter nonsense - read the last trading update and then this, major profit warning, is you totally doom mongering

[michaelfenton] 17/4/2018 09:54

I think this Mozambique business is a storm in a teacup. Sure it is a short term problem but dealing with illegal loggers will benefit OBT in the long run? The share price reaction is overdone and may present a buying op at 9p???

[pj 1] 17/4/2018 09:31

Looks like he knows better than us?

At best a major profit warning for 2018

At worst how much could have been sent to money heaven, their destiny isn't in their own hands I fear

[jack jebb] 16/4/2018 14:29

darkthroat seems to have posted 4 times, all anti Obtala.

I'm guessing he's not a fan.

[pj 1] 16/4/2018 10:29

The volume for those 6 species needs to be replaced from somewhere........

[michaelfenton] 16/4/2018 10:10

Thanks Beeks for saving us the trouble of researching that.

[beeks of arabia] 16/4/2018 09:00

None of which are exported or sold by Obtala.

Thanks for stopping by though.

[darkthroat] 16/4/2018 05:47

hxxp://clubofmozambique.com/news/mozambique-bans-logging-and-export-of-six-species-of-wood/

[pj 1] 05/4/2018 20:48

I note HSR are getting slower and slower on ''updating'' on their current tips (against the quoted criteria). Most open tips are heavily underwater and in down trends.

Lets see what spin they put on this, as its impossible for them to issue a sell note I suspect......

[beeks of arabia] 05/4/2018 13:19

Meh - honestly held opinions are all good Jaknife, as you know!

[beeks of arabia] 05/4/2018 12:45

:)All opinions welcome K, just kidding.I don't think many expected the align research article to be anywhere near the actuals.Progress being made, I'm happy with that. I don't have a fortune in these any more however good to see them still moving on cautiously with the business plan.

[michaelfenton] 05/4/2018 12:07

Beeks - Update shows things progressing nicely and I am happy?