Orbis Share Discussion Threads

[derizzo] 08/9/2003 06:27

an unnusual tip by wrongprice.com a while back. Said it was very high risk but potential for very high rewards. Don't see that anything has changed.

[sean paul] 07/9/2003 20:43

50P A DREAM ! YES 1 POUND A SHARE SOON !

[richardbonny] 07/9/2003 13:09

At it's peak in 2001, this was priced at the equivalent of 900p (see the Advfn 3 year chart - sorry don't know how to post it). What has happened since 2001? Not a lot really, except that the debt problem which existed then has now been solved for the foreseeable future. 50p a dream? I don't think so.

[sonicx] 07/9/2003 10:03

`OK I don't mind dreaming, I've got plenty of time and 50p this year dose not sound unreasonable.

[denzil_e] 07/9/2003 07:01

50p - Dream On

[richardbonny] 05/9/2003 23:39

camiladasi - I agree with TheWrongPrice if that's what they're saying. Market capitalisation shown by ADVFN today on the OBS quote page is £28 million. Looks reasonable? yes, but actually it's wrong, they haven't factored in the share split so with only 14 million new shares out there now at 16p/share I make it £2.2 million. Isn't that ridiculously low? Well I think so.

[terry91] 05/9/2003 23:16

Nice to see the rise again.

L2 looking better 3 bid now 2 offer.

Good luck all.

[adrianallen99] 05/9/2003 18:14

A realistic short term price would be 25p, with this moving upwards towards the 50p mark over the next few months. But this is just my opinion.

I wonder if Obs will open higher on monday?? Is there anyway to check to see how many orders have been place over the weekend?

[pinchponch] 05/9/2003 16:09

Fifty/slap
Still at it are we. You truly are the ultimate slag. Just keep off the OXB thread and I will let you get on to play with your mates on this thread.

[camiladasi] 05/9/2003 15:47

richardbonny,

thanks for that - I think you may be right.

as for the market, I'm impressed that despite a 50% rise today, there was not a wave of profit-taking sellers near close of play. I thought there would be. That suggests to me that the market is now re-rating the stock because it has been severely under-valued [however, WDIK].

I'm therefore hopeful that Monday will see a continuation of the rise - but I'm a little concerned that we will suffer a set-back further on as the move to AIM takes place.

However, that's a future issue. For tday, I'm happy to see some money coming back that I'd virtually written off. Maybe I'll even get out of the hole on this (lol).

[sixpintsid] 05/9/2003 14:31

grab a branch I think this tree's shaking !

[rhiannon] 05/9/2003 13:34

Still say LONG WAY TO GO YET. Just taking its first step.wdik

[richardbonny] 05/9/2003 13:26

nurdin/camiladasi - the preference shares cannot be exercised at all unless the company is going to be sold. Therefore there is no dilution except in the event of an offer for the company. Also it would be the current shareholders, not the preference shareholders, who would have the right to decide whether or not to accept any offer. The way I interpret this is that current shareholders have 100% ownership rights, although I don't think the market agrees with me based on the current share price....Anyway I have bought some more shares today.

[adrianallen99] 05/9/2003 12:53

I brought this share last night, but the purchase didnt got through until the price was in the mid 13's, was very annoying. Although I would be surprized if it hits 25p either today or monday. Of course come 2-3pm there may be a drop as people not wanting to hold it over the weekend.

[camiladasi] 05/9/2003 12:28

richardbonny/nurdin,

don't forget that the lenders only have preference up to a fixed point (is it £15M?). After that the shareholders are in for 66%. The details of all this were set out (by better people than me) in earlier posts - around the #460 mark I think before we got inundated with foul-mouths on personal vendettas.

TheWrongPrice still think highly of this share's prospects. Their only concern I think was with the way the management incentive program has been set-up. But if management can pull this recovery off, they probably deserve a decent incentive.

IMHO, this share has still a lot further to go to be at a realistic price - although whether I'll ever get out of the red on it I'm not so sure (but wdik).

100 may not be realistic, but 60p would not be unreasonable based even just on a conservative multiple.

as usual PDYOR.

[rhiannon] 05/9/2003 12:10

BET IM RIGHT. wdik

[nurdin] 05/9/2003 12:00

you forgetting the 127m preference shares now in the hands of the lenders...seriously diluted now
On a diluted basis OBS are valued at about £23m

[fifty cent] 05/9/2003 10:53

terry91 get in while you still can under 20p .

OBS heading towards £1 its true value .

Just buy take the dog for a walk come back and you will be rich rich rich .

50c

[terry91] 05/9/2003 10:47

1 bid 4 offer 50cc could drop just as fast. It is just above where it started after the 10 to 1 share.


Good to see some people makeing money how bought this week though.

[fifty cent] 05/9/2003 10:28

1st place on the leaders board and plenty more to come . : 0 )

[fifty cent] 05/9/2003 09:25

3rd on the leaders board

Dont miss the Orbis express !

lol

[camiladasi] 05/9/2003 09:02

I think the main reason for today's rise is {imho, wdik] is a note out from TheWrongPrice saying that the market has got it totally wrong and they are so sure about their original recommendation that they are going to add to their holding today. Their original recommendation was before the re-org and was for a buy at 2p with a target of 8-10p. In today's terms that was a recommendation at 25p and a target of 100 - 112.5

It would therefore take a lot to get their subscribers even back to the start point (100% rise) let alone up to the target they believe the company should be valued at. So I suppose their "add" note must be carrying some weight.

As usual, please DYOR. I'm just passing on information not necessarily recommending.

[fifty cent] 05/9/2003 08:39

4 th place on the leaders board

lol @ the doubters

ps lol

[fifty cent] 05/9/2003 08:36

sonicx people are realising how massively undervalued orbis is .

pinchponch (filtered)

I suggest other OBS holders filter this moron !

50c