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Last 7.63 GBp
Change Today 0.00 / 0.00%
Volume 885.0K
OBT On Other Exchanges
As of 11:30 AM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

obtala resources ltd (OBT) Snapshot

7.63 GBp
Previous Close
7.63 GBp
Day High
7.63 GBp
Day Low
7.63 GBp
52 Week High
12/19/14 - 12.50 GBp
52 Week Low
09/29/15 - 6.00 GBp
Market Cap
Average Volume 10 Days
-0.04 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for OBTALA RESOURCES LTD (OBT)

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obtala resources ltd (OBT) Details

Obtala Resources Limited, together with its subsidiaries, engages in agriculture, food production and processing, forestry, and retail businesses primarily in Tanzania, Mozambique, and Lesotho. The company is involved in the cultivation, harvesting, processing, and sale of fruit and vegetable; and planting of fruit tree orchard in 530 hectares (ha) of land under separate lease agreements. It also owns timber concessions of approximately 270,000 ha; holds mineral resource licenses; and invests in natural resources exploration and development companies. In addition, the company offers a range of chilli based and ketchup sauces; dried fruits, including pineapple, mango, banana, papaya, chillies, and tomatoes; and canned italian plum tomatoes and canned organic peaches through supermarket chains under the Mama Jo’s brand. Further, it is involved in the retail of farm, timber, and branded products through 6 African Home Stores outlets. The company was incorporated in 2007 and is based in St Peter Port, the Channel Islands.

375 Employees
Last Reported Date: 06/30/15
Founded in 2007

obtala resources ltd (OBT) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: 155.0K GBP
Executive Chairman
Total Annual Compensation: 150.0K GBP
Finance Director and Director
Total Annual Compensation: 65.0K GBP
Compensation as of Fiscal Year 2014.

obtala resources ltd (OBT) Key Developments

Obtala To Spin-Off Mozambique Timber Business On AIM

Obtala Resources Limited (AIM:OBT) announced plans to spin off its timber business in Mozambique into a separate entity which will list on London's AIM market in early 2016. Obtala shares were up 1.8% to 7.0 pence per share.

Obtala Resources Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Obtala Resources Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, turnover was £2,257,000 against £1,157,000 a year ago. Operating loss was £2,788,000 against £253,000 a year ago. Profit before tax was £5,768,000 against £283,000 a year ago. Profit for the period/year from continuing operations was £3,016,000 against £283,000 a year ago. Profit attributable to owners of the parent was £1,707,000 loss attributable to owners of the parent of £239,000 a year ago. Basic and diluted earnings per share from continuing and discontinued operations were 0.65 pence against 0.09 pence a year ago. Net cash flow from operating activities was £4,089 against £859 a year ago. Purchases of property, plant and equipment was £8,000.

Obtala Resources Announces Management Appointments

Obtala Resources Limited announced the appointment of Kevin Lawrence Milne (aged 53) to the Board in the role of Executive Deputy Chairman and Miles Christian Pelham (aged 37) as a Non-Executive Director with immediate effect. Kevin is a Chartered Fellow of the CISI, has enjoyed a long and distinguished career in Global Financial Services, advising, transforming and leading businesses in both developed and developing economies in Europe, Africa, Asia and the Middle East. Kevin is a strong, results driven, customer and outcome focussed business builder who has successfully led and transformed businesses through targeted acquisitions, integration, restructuring, often with complex stakeholder management issues. Miles Pelham is currently based on Hong Kong and has worked in finance for the past 18 years, during which time he has held senior investment banking positions at some of the financial institutions. His experience ranges from running trading desks to bond and financial instrument management.


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