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Posts Categorized: Obtala
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Obtala – Shares remain significantly undervalued despite rise following upbeat Q4 update
By Richard Gill, CFA Shares in Africa focused agriculture and forestry company Obtala (OBT) have bounced back from recent lows following the release of a positive trading update for the three months to December 2017. Following good momentum continuing in the final quarter the company expects record revenues for the year, with contributions having been […]
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Obtala – Completion of WoodBois acquisition highlights further value potential
By Richard Gill, CFA Africa focussed forestry and agriculture company Obtala has announced three pieces of news to the market since last Friday afternoon. Most importantly, the company has finalised the previously announced acquisition of Gabon timber business Woodbois International through 75% owned forestry subsidiary Argento. The deal, which was completed by 30th June as […]