Obtala Resources Share Discussion Threads

[mrphiljones] 04/9/2018 15:49

Better than a kick in the head....

[pj 1] 04/9/2018 13:02

As an aside I think Primary Bids days are numbered. 80% of the Placings they arrange can be bought much much cheaper than the Placing price after a few months, as in reality all they raise for are POS's


Take away PB 's VRS success and the figures are shocking, it almost guarantees loss's for PI's

[pj 1] 04/9/2018 12:59

Down 54% from the last Placing. The Co still allows false figures to be out in the Market with a forward p/e x2. It needs noting that at UKIS they inferred they could BEAT these figures LOL. They are absolutely no where near. Draw your own conclusion on that one! The chart continues to fall of a cliff. Another placing looks nailed on to me

At the last Placing (at 12.5p in February)) ….''Miles Pelham, Chairman of Obtala, commented: "We are delighted with the support we have received for the Fundraising from both institutional and private shareholders.The Offer through PrimaryBid has enabled all shareholders to participate on the same terms. The funds raised will be allocated to business lines with a high ROI and will be rapidly accretive to our bottom-line. With last year's heavy-lifting of integration and rationalisation complete, management's energies will be fully focussed on delivering top and bottom line growth throughout 2018."


Pelham has failed to date. Compounded by TW communicating Pelham doesn't understand the share price decline for a Company at break even. LOL 'Fool' springs to mind.


IMO There is no way HSR can continue to tip this as a buy. Its one of their 10 long term losing shares in freefall.

[jack jebb] 04/9/2018 12:23

Massive assets.

revenues will follow and are already showing strong growth, but this is Africa, so patience is needed.

[njw2] 04/9/2018 11:29

Think this may be the bottom here . A great place to buy imho.

[zcaprd7] 04/9/2018 09:48

Nearly at my 5p target price...

[mrphiljones] 04/9/2018 08:48

😂 What is it they say ‘You can lead a horse to water’ and all that.....🤥

[jack jebb] 04/9/2018 00:30

Yes fella. Its a long term investment. Proper foundations are being made, and this will rocket in the fullness of time, of that I have no doubt whatsoever.

Many thanks for your continued interest.

[mrphiljones] 03/9/2018 20:15

Still the “new Glencore of Africa” Jack?....

[toolsmoker] 03/9/2018 20:13

Most of the time kaos if was all of the time I'd have to much cash

[kaos3] 03/9/2018 20:00

any opinion on oex? the 2nd one that I wait and wait and wait ..... for tool to be right lol

[toolsmoker] 03/9/2018 19:47

Tool is right most of the time .facilty will be out any day I believe then it's take private time. Crazy cheap here

[thebigchap] 03/9/2018 19:43

to which do you refer boa?

[beeks of arabia] 03/9/2018 19:39

Who is "Angry man"?

[kaos3] 03/9/2018 18:51

tool and laptop were right but not as envisioned imho

rotten jing jang

some will get extremely rich with OBT assets on hand. they are almost perfect I feel

[shareideas1] 03/9/2018 18:49

Asset value is still significantly ahead of the total EV of this business... either they get the business firing on all cylinders or it gets taken out by someone else who will!

[kaos3] 03/9/2018 18:48

obt has woodland has built infrastructure has developed processing capabilities and is all ready to go. but wait - it is making loses. so share price is low. buy out time ???

all done just press a GO button - after ......

[kaos3] 03/9/2018 18:46

they do not know the business or they do not want to give the industry data on purpose

they mention peeling (which wood what capacity what buyers ...)
drying capacity - who cares if not given how much of our wood have been dried, what is energy source, why makes sense to do it by the Co etc)

m3 logged ???
price per m3 achieved classified by wood type on the road
wood sold directly
wood processed by the Co and the price achieved
long term contracts - who are the buyers
wood stock in the forrest
logging plan
logging productivity.....

this is a steal for sure

AIM (As In Mozambique)

angry man ?? any comments by you

[shareideas1] 03/9/2018 18:45

Print itself is about as negative as could have been expected (and explaining the stock collapsing post the q2 trade update in early July). Clearly the question now is if this is the kitchen sinking to clear the decks? If so then we will find a floor and move higher with confirmation of better news from here... let's see...

[thebigchap] 03/9/2018 18:33

ok bottom line question troops is this going up or down tomorrow?

[mattab] 03/9/2018 17:42

Probably why MP sold ords and bought preference shares I would think

[pj 1] 03/9/2018 17:28

Good grief, I don't understand all that waffle, net current assets (minus) are decreasing???

They need a slam dunk another Placing. It needs putting down.

It cannot be that complicated chopping few bloody trees down.

[mrphiljones] 03/9/2018 17:08

Oh deer....