OEL - (Otto) Multi based, Gambling Stock.

**tricha** · 01-10-2007, 02:54 PM

Did a search an could not find it so new post, if there is one please edify me.
Looks great value and I indulged, just bought 50,000 of them.

FINALLY
Quote from RM Capital’s research note
“Otto is currently trading at an 84% discount to our base case valuation
of A$1.75 per share..... We consider Otto represents a compelling near
term investment”
Thank you.

Please visit us at our booth at the conference or website at

www.ottoenergy.com

for more information.

**kura** · 01-10-2007, 04:40 PM

Some time ago I saw a valuation of round 70 cents, but weather it's 70 or 1.70 don't really matter, as in either case it is still seriously undervalued.
Disc: I hold

**clearasmud** · 01-10-2007, 07:50 PM

The market is still waiting to see if they get the Argentine Leases.

The company seems to be all business but lots of patience required.

Cheers

**tricha** · 01-10-2007, 09:15 PM

[quote=kura;167162 as in either case it is still seriously undervalued.
Disc: I hold[/quote

Clear as mud [I]-"The market is still waiting to see if they get the Argentine Leases.[/i]
The company seems to be all business but lots of patience required."

Absolutely patience is required and yes it is also extremely undervalued.
The management profile looks outstanding and if anyone knows it, Peter Strachan does.

**ronthepom** · 01-10-2007, 10:35 PM

[QUOTE=tricha;167208]

Originally Posted by kura;167162 as in either case it is still seriously undervalued.
Disc: I hold[/quote

Clear as mud [I

-"The market is still waiting to see if they get the Argentine Leases.[/i]
The company seems to be all business but lots of patience required."

Absolutely patience is required and yes it is also extremely undervalued.
The management profile looks outstanding and if anyone knows it, Peter Strachan does.

This is my first post have held these oel for eight months sold two thirds and hold same now 50000, also hold shg,esg,mpo,ady, got the bully from my brotherinlaw who's in the business in perth. Your onto it--argentina!!!!

**shasta** · 22-10-2007, 04:10 PM

[quote=ronthepom;167225]

Originally Posted by tricha

This is my first post have held these oel for eight months sold two thirds and hold same now 50000, also hold shg,esg,mpo,ady, got the bully from my brotherinlaw who's in the business in perth. Your onto it--argentina!!!!

Have jumped in today, while all the stocks are taking a knock, interesting share esp, recently developments in Turkey & Argentina.

**shasta** · 24-10-2007, 06:02 PM

Hmmmm Trading Halt....

Argentinian lease now resolved perhaps so we can drill that monster permit?

**tricha** · 11-04-2008, 07:10 PM

**tricha** · 10-12-2007, 11:31 AM

Shasta - "Once brokers & institutions read this ann & revise valuations we should see a SP north of 40c.

Once again another NO BRAINER, Otto is the real deal "

A very good reports u have put out here on Otto, Shasta. I have been buying more at these very good prices.

**ADB** · 10-12-2007, 11:35 AM

Brief mention of Otto in The Australian
http://www.theaustralian.news.com.au...-18261,00.html

"Now Otto Energy has added Italy to its international portfolio of Argentina, Turkey and the Philippines. It has picked up the 50 per cent of gas projects in northern Italy from Deltana Energy, whose $16 million IPO fell over. Gas in that part of the world attracts very high prices and the key to the deal was Jaap Poll, who was to have been chairman at Deltana but also sits on the board at Otto. When Deltana faltered, he suggested Otto take on the projects and then stood clear of deliberations to avoid any conflict of interest."

Anybody able to fill in the blanks regarding failed Deltana IPO?