BigBiteNow - great piece and ssolidly quantified. I was disappointed with the figures issued by the company UNTIL I calculated that they were obviously based on a seriously conservative estimate. Which makes OBT a strong buy.
I have had a very small first nibble in this share this morning. Funding for diamond exploration is difficult at present but I have a gut feeling that diamond exploration companies will have a good year.
At last with the new Chairman we are being kept up to date with developments. Glad to see African Home Stores on the way out as they have been a drain especially with the collapse of the Rand. Estimated revenues seem much more conservative than in the past and as such are likely achievable. Good stuff. Also forestry seems to be generating outside interest?
for stepping down as Chairman - this is a good move for the future of OBT and to sustain the focus and momentum that the board has been concentrating on recently.
Looks sound and decent progress and profitability sustained. Next year 2017 could really see things continuing on an upward direction. Kilimapesa still loss making but should do well again in 2017. I am happy with this. Any comments anyone.
BBN - you have summed this up to a tee. It appears that at long last OBT management are finally getting their act together and being realistic and honest in their summations on the way forward. There is real value here and by early 2017 if things remain on track we may all be in clover.
Agribusiness looks like it could fly and be a great earner. Timber is OK for now and I suspect will show further divestment. Shops as we all suspected are a bit of a disaster but losses presumably have been largely stemmed? Overall postive for 2016/2017.
is gaining traction and unlike gold there is a serious shortage coming. GDP sitting on some which will help cashflow. Price could easily double. Yes company will need funds for expansion plans .