The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Can't answer the question, how about pointing me to the fact no RNS is pointing towards a long term climb. I have seen it so many times, a share that will rise without news and ramped by only positive news by yourselves and then disappear. Looking at your posts you are obviously pumping the share to your maximum.
Show we a recent RNS from the Company itself in terms of a statement.
With the greatest respect kid, I am probably more experienced than you in AIM, 12 years specifically. Just because I am a new to the board doesn't mean I am new to AIM. Quit ramping.
This is a pump & dump in the making, simple.
Obtala Resources Limited (AIM:OBT), the vertically integrated agribusiness, timber and retail company, is pleased to announce that it has be awarded the internationally recognized farm GLOBALG.A.P. certification for its agricultural operations in Tanzania. The Company has received notification from our consultants that the GLOBALG.A.P. Certification has been awarded to our farming operation in Tanzania. This is a significant milestone for the Company and overcomes a barrier to entry with many international food groups. GLOBALG.A.P. is the internationally recognized standard for farm production. The core product standard is the result of years of intensive research and collaboration with industry experts, producers and retailers around the globe. The goal is safe and sustainable agricultural production to benefit farmers, retailers and consumers throughout the world. GLOBALG.A.P. Certification covers: · Food safety and traceability · Environment (including biodiversity) · Workers’ health, safety and welfare · Animal welfare · Includes; o Integrated Crop Management (ICM), o Integrated Pest Control (IPC), o Quality Management System (QMS), and o Hazard Analysis and Critical Control Points (HACCP) GLOBALG.A.P. demands, among other things, greater efficiency in production. It improves business performance and reduces waste of vital resources. It also requires a general approach to farming that builds in best practices for generations to come. We continue to address additional requirements to secure BRC Global Standards Certification for the processing unit, which will allow us to export internationally to food producers, wholesalers and retailers. An audit inspection was conducted in late June and a certification audit is expected in October 2015. Commenting on today’s announcement, Francesco Scolaro, Chairman of Obtala, said: “As a Board we are very pleased to have gained the GLOBALG.A.P. certification. The award is the result of much hard work and time ensuring full compliance with required international food safety standards. I personally want to thank the team on the ground for their efforts as we can now access new market opportunities for our projects, which will have a positive impact on the Company and importantly the local community in Tanzania. We are working towards BRC Global Standards Certification on the processing unit and hope to have the certification audit in October. The award of these certificates, coupled with the Export Processing Zone (“EPZ”) Award, received in late 2014, will greatly enhance market opportunities for the farm and processing unit, in a highly attractive business sector which is expected to continue experiencing strong growth. I look forward to updating shareholders in due course.“
http://www.*****************/obtala-resources-limited-obt-bid-talk/ I can't see a specific date on this article so not sure if its another article that's been published again by the board to gain investors attention?
Thanks, I need to wait until payday to buy more. I am hoping for 100% post results but knowing this share it will rise around 30%, lol.
You raise a good point, do you know when the next update is due?
This share price is back to where it was twelve months ago and even with the impending news and the fact that it is so undervalued I have concerns that the market just isn't excited about Obtala. Everyone on here including myself can see the huge potential and see the revenues improving especially after the last set of results, but it just is not moving even with the rumor of buyout recently.