Member Info for ninjazx6r

I like what i see. 20396 shares @ 98p 1150hrs

don't understand why this announcement is considered worthy of an RNS

I like what i see. 192685 shares @ 13.45p Good luck all

time for the weak to leave the party. GLA

this is a free ride (no resistance) to 120p

“We recently got an order from Total for the Solaris project offshore Norway and Total allowed us to announce that we had achieved that order without even going to tender because there’s only one company with equipment that is capable of drilling 20,000psi wells on jack-up rigs without removing the blowout preventer, which is critical in Norway where safety is of course very high on the agenda.”

rumours doing the rounds of a GE Oil & Gas takeover bid.

loving this increase in volume. Its just a waiting game now.

you need level 2 Mezza

This could pop anytime soon

company remains locked in a closed period (interim results March). We need a vote of confidence from the board, increasing their holdings at the current suppressed SP would go a long way.

POS through its Malaysian subsidiary has bagged its first order. It did however begin operating in country in Aug 2014.

POS has now global coverage for its POS-GRIP through the issue of 2 licence agreements. Yantain Jereh Oilfield Services Group for China, Asiam Brazil and the Middle East, and more recently Konar and Gusar for Russia and its now independent states. It will receive royalty payments from either sales or rental through both licences. With revenue at approx £30 million as confirmed in latest financials (up to June 2015) from just UK and Europe sector (license agreements signed post June 2015) i remain optimistic that the loss of revenues from a poor UK oil services section may be replaced by continued growth of exploration in other regions. MCAP of £54million - where's the risk!!

perhaps a case of buy on rumors sell on news. Either way the financials (the numbers) stack up on this one. Ignore this volatility and look forward to the interims due soon

bid @ 7p has been broken - finally. There'll be some very unhappy PI's....

With the divestment of the forestry / timber function of the business, its inevitable that 'Obtala Rescources' the company will be valued at a lower MCAP than when the asset was on its books.

in this instance (OBT) we are not talking about a leak but a diversification strategy that has already been communicated to the market. Which we are led to believe has a current valuation of $161m with a 12% discount. Come on!!

The market and OBT's SP really does not look like a succesful diversification of the forestry / timber business is on the cards. I've had past experience with asset rich companies that remain loss making and they never seem to be able to start generating cash from its assets.

Make sure you read the 59 page Annual Report or 2014 posted on OBT's website. A far more comprehensive update (operational) than this mornings 'summary'

LCS contributed £1 million to revenue and £57,448 to losses for the period between the date of acquisition and the reporting date. If it was acquired at the beginning of the year then it would have contributed £6,087 million in turnover and a loss of £562,400 to losses.