Last 9.63 GBp
Change Today -0.25 / -2.53%
Volume 663.6K
OBT On Other Exchanges
Symbol
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London
Berlin
As of 11:30 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

obtala resources ltd (OBT) Snapshot

Open
9.88 GBp
Previous Close
9.88 GBp
Day High
9.88 GBp
Day Low
9.38 GBp
52 Week High
06/11/14 - 12.88 GBp
52 Week Low
09/6/13 - 6.38 GBp
Market Cap
25.3M
Average Volume 10 Days
956.7K
EPS TTM
0.09 GBp
Shares Outstanding
263.3M
EX-Date
--
P/E TM
1.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for OBTALA RESOURCES LTD (OBT)

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obtala resources ltd (OBT) Details

Obtala Resources Limited, together with its subsidiaries, is engaged in the development of agricultural and timber projects primarily Tanzania, Mozambique, and Lesotho. It also develops mineral resource licenses and projects; and invests in the other natural resources exploration and development companies. In addition, the company is engaged in forestry, agriculture, and food processing businesses. Obtala Resources Limited was incorporated in 2007 and is based in St Peter Port, the Channel Islands.

232 Employees
Last Reported Date: 06/27/14
Founded in 2007

obtala resources ltd (OBT) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: 155.0K GBP
Executive Chairman
Total Annual Compensation: 150.0K GBP
Finance Director and Director
Total Annual Compensation: 17.0K GBP
Director of Agriculture Operations and Direct...
Total Annual Compensation: 71.0K GBP
Compensation as of Fiscal Year 2013.

obtala resources ltd (OBT) Key Developments

Obtala Resources Limited, Annual General Meeting, Aug 13, 2014

Obtala Resources Limited, Annual General Meeting, Aug 13, 2014.

Obtala Resources Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Obtala Resources Limited reported audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported revenue of £304,000 compared to £929,000 a year ago. Operating loss was £10,441,000 compared to £5,172,000 a year ago. Profit before taxation was £74,809,000 compared to profit before tax of £14,361,000 a year ago. Profit from continuing operations was £40,448,000 or 9.44 pence per basic and diluted share compared to profit from continuing operations of £14,516,000 or 5.97 pence per basic and diluted share a year ago. Total profit for the year attributable to owners of the parent was £22,975,000 or 9.44 per basic and diluted share compared to total profit for the year attributable to owners of the parent of £13,475,000 or 5.97 per basic and diluted share a year ago. Net cash outflow from operating activities was £2,708,000 compared to £4,477,000 a year ago. Expenditure on property, plant and equipment was £1,139,000 compared to £1,528,000 a year ago.

Obtala Resources Limited Provides an Operational Update on its Forestry Operation in Mozambique

Obtala Resources Limited provided an operational update on its forestry operation in Mozambique. The company continues to actively work on the timber railway sleeper contract, as announced on 20th February this year, and has recently received a further order by the client, Vale; the Brazilian mining conglomerate for an additional 31 junction sets over and above the original 90 sets ordered. The company remains confident that additional timber supply contracts of this nature will be received as the company continues to align itself with the on-going national development plans in Mozambique as a recognised supplier to Vale. A contract has been concluded to supply +100m3 of sawn Kiaat timber on a monthly basis over the next year to a local company. Local Kiaat prices are currently in the order of $750/m3 and predicted to rise. The revenues generated on a monthly basis from this contract will off-set the sleeper production costs. Additional orders are being negotiated as local timber prices and demand continue to rise as the country grows and infrastructure is developed and upgraded. The Company has engaged the services of an independent UK based and regulated forestry investment appraisal and Management Company to undertake an appraisal and valuation of the forest assets held by the company in Mozambique. The initial site visit is expected to be completed by the end of the month. In addition the company has held discussions with European based timber producers and traders, who control substantial assets in Sub-Saharan Africa and have extensive global client lists for sales. Discussions are on-going to explore opportunities to realise value through increased production and market opportunity with the potential to form a working collaboration.

 

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Valuation OBT Industry Range
Price/Earnings 1.0x
Price/Sales 76.5x
Price/Book 0.3x
Price/Cash Flow 1.0x
TEV/Sales 84.2x
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