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Buy Obtala Resources at 8.5p

By Hot Stock Rockets | Thursday 9 January 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The Opportunity:  This Company is a mini conglomerate operating in Africa with exposure to diamonds, agriculture and forestry. It has net cash and is cash generative. The valuation at an 8.5p offer is £21.5 million which fails to discount the cash that this company will be generating. There are a number of news triggers due over the next few months that will drive a material re-rating.



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