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Optibase Ltd. (OBAS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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11.83-0.08 (-0.67%)
At close: 10:13AM EDT
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  • A
    Anonymous
    What will $20 million in profit from 300 S Riverside Plaza mean to OBAS' stock price? About a 28% increase in market cap more or less means stock price above $14. If unrecognized profit on other properties is taken into account OBAS stock value should be in excess of $18. Maybe with this coming gain recognition on sale of 300 S. Riverside Plaza investors will start to add in that other unrecognized gain to push stock up to true value
  • A
    Anonymous
    OBAS' largest investment (a 30% interest) in 300 S Riverside Plaza building in Chicago is almost now fully leased due to CareerBuilder leasing over 100,000 sq ft. Cash flow always improves exponentially when you are leasing up the last space available. If rent is $25 per sq ft then that extra 100K ft is over $30 million xtra cash with Obas getting 30% or $9 million which increases OBAS' quarterly rental income by over 50%. Stock will jump when this gets fully covered over next 2 quarterly reports of income
  • A
    Anonymous
    Looks like OBAS has at least 20 million in profit on 300 S Riverside Plaza. Property fully leased and now up for sale valued at over 280 mill. With about 200 mill invested OBAS gets 30% of that 80 mill profit. Plus b4 it sells gets 30% of the annual 6 mill free cash flow. See article on listing of building
  • x
    xu2me
    Avg. Results, no problem in 12 months, will double and PP will reflect it..
    Just be patient and you'll be rewarded.
  • Y
    Yahoo Finance Insights
    OBAS is up 10.26% to 8.60
  • Y
    Yahoo Finance Insights
    OBAS is up 7.62% to 10.24
  • Y
    Yahoo Finance Insights
    OBAS reached a new 52 Week High at $9.90
  • Y
    Yahoo Finance Insights
    OBAS is up 10.03% to $9.54
  • Y
    Yahoo Finance Insights
    OBAS is up 10.12% to $9.47
  • Y
    Yahoo Finance Insights
    OBAS reached a 52 Week high at $9.90
  • Y
    Yahoo Finance Insights
    OBAS is down -8.00% to 8.05
  • A
    Anonymous
    Looks like CareerBuilder lease of 300 S. Riverside Plaza does not start until the 4th quarter.
  • Y
    Yahoo Finance Insights
    OBAS is up 7.85% to $9.76
  • Y
    Yahoo Finance Insights
    OBAS reached a 52 Week high at 10.74
  • Y
    Yahoo Finance Insights
    OBAS reached a 52 Week high at 11.35
  • Y
    Yahoo Finance Insights
    OBAS is down 12.09% to 10.11
  • Y
    Yahoo Finance Insights
    OBAS is up 11.11% to 12.00
  • Y
    Yahoo Finance Insights
    OBAS is up 10.66% to 11.12
  • Y
    Yahoo Finance Insights
    Optibase is down 8.25% to 11.01