Obtala Resources Share Discussion Threads

[blue59] 06/9/2018 17:07

Too much noise made by some.....period!!

[beeks of arabia] 06/9/2018 14:09

A lot of noise made when it goes down, not a peep when it goes up!

[shareideas1] 05/9/2018 11:41

Either that or the fact that MP has seemingly started piling into the shares, fuelling the take private speculation...

[njw2] 05/9/2018 11:26

As I said yesterday that is the seller out. See you at 10 p .

[jack jebb] 05/9/2018 10:44

It is a little lacking in detail, but it doesnt make it wrong.

[jack jebb] 04/9/2018 23:24

Good luck fella. This is an AIM stock on a free bb, where sensible debate is as common as an exciting Man Utd game.

[pj 1] 04/9/2018 23:19

LOL @ Jack Jebb. Just honest and wanting to know the true facts so I can draw a proveable valuation. And maybe raise common sense debate? Edit- the post above mine is actually worth jack sh*t isn't it

[njw2] 04/9/2018 22:32

Get buying guys as this thing will be back above 10 p in a flash soon . Big news coming and a lot going on behind the scenes here .

[jack jebb] 04/9/2018 22:05

So reading between the lines, you two aren't bullish here?

[pj 1] 04/9/2018 20:17

Because according to Stockopedia 2018(E) is $48m Revs and wait for it.....2019(E) is $76m

How can any credible and honest Company allow such figures to be out in the Market? How come HSR have not challenged these figures as they do when they are bearish on Companies?

How come a ''chat'' means so much when they pulled Paul Scott to pieces for ''chatting'' with Companys?

[pj 1] 04/9/2018 19:33

Jaknife. Thanks for the accounts lesson lol. So its worse than I calculated.

Obv HR are not asking the same questions. After a ''chat'' with the Company its still a Buy. Its down 70% since summer 2017, 53% below the last placing price (which is normally a massive red flag to Shareprophets), and has a BoD who have not delivered on one thing yet promised. It looks to me as if they need yet more funds....


They also had the biggest stand at UKIS

[pj 1] 04/9/2018 17:57

So from HY the tangible net asset value is -(minus) £58m

It's worthless unless someone pays goodwill.

[pj 1] 04/9/2018 17:53

Discounted Placing!!!!

[sleveen] 04/9/2018 17:46

Should OBT really be worth £21m, especially with another placing due soon?

[shareideas1] 04/9/2018 17:40

Agreed that nav is valued as projected cash flows over the concession life discounted back - that is standard valuation for concessions. Also agree that management have failed miserably to deliver on promises over past 12 months. Part due to regulation changes (eg Mozambique) part due to tight credit markets in Africa and a not insignificant part in mid-execution...Where I differ with you is on the outlook, which is why the Chairman is investing additional cash into the business - even if via prefs rather than ords!

[pj 1] 04/9/2018 16:59

No wonder they have allowed ludicrous forecasts to be out in the Market then, to give a false impression of future profitability and cash flows. If they changed auditor I doubt they could get that through

[pj 1] 04/9/2018 16:39

What seller is that then?
What makes you say ''seller cleared''?

[njw2] 04/9/2018 16:29

Seller cleared . Should go back up now .

[thebigchap] 04/9/2018 16:24

whats this latest rns all about?bit confused?

[shareideas1] 04/9/2018 16:21

It's quite clear - the assets are forestry concessions and the timber mill/veneer plants...The recently installed veneer plant accounts for much of the current market cap!