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The high likelihood like many others now is they’ll say no value of AIM and they’ll delist, management buyout and disappear
Thanks TT for your comment. I am in complete agreement with you but where I draw the line is where shareholders are misled. That is what I have a major issue with.
Their are various posters here who castigate Fox/ECOB and their Directors both past and present. But they took risks when they bought their shares. Risky investments can bring high rewards but also high losses. Shares on AIM can fall as well as plumet.
Risk 1. The AIM is considered a junior market and is less regulated than others.
Risk 2. Both Kosovo and Albania are considered to be less stable countries that have a higher level of risk than Western European countries.
Risk 3. Both Fox and ECOB are start-ups and profitless and have been so for many years. Inevitably luck will play a part if they achieve success.
I'm not trying to start a war here but we are all responsible for our own actions and have to live with the consequences of them.
These shareholders, presumably, volunteered to buy the shares. It was their own decision. There should be no surprises at various delays, cash calls and set-backs. The responsibility for their situation is largely of their own making.
TT if your talking about the tiny little rise from the 52 week low of 10.25 then it’s barely worth getting excited about considering where it’s fallen from I am not seeing any progress worth any form of excitement or any to change my opinion on this company as of yet
All I have seen is it decimation from its ridiculous RTO price so until I see a noticeable and sustained rise in share price and value return on my money my view will not change
Ultimately they build houses with their walls, where is a picture of their first house built with eco buildings walls? I think we have been waiting long enough. As mentioned before there is no indication that these contra ts are being fulfilled just rns on board changes and standards being achieved in other markets, focus on these two contracts and revenue generation would be key. From my recollection this year what have they actually generated in revenue TT?
Nobby,
I don't think your quite right. ECOB produce walls and ships them to a customer and, as I understand it, the customer does the actual building. I can't recall any talk of ECOB doing any building? I could be wrong of course.
Any houses built yet? I thought we were expecting the first one in Q1. After all this is a house building company.
JoeJoe,
I'm uncertain If your post today refers to my post of the 18th. If so look at the share price history for that date and all will be revealed!
Still no one is buying this garbage
Not sure what rise your talking about as I don’t see no price movements
Hi unvrkw,
I too am sitting on a large loss which is exactly why I'm averaging down. Todays rise shows that there is at least a little interest!
As for Fox it is presumably still going - bonus if it is I think. There possibly could be a bit of arbitration cash as well as another bonus. What with earthquakes, wars and floods ECOB could just be in the right place at the right time. Worth a punt I reckon.
My comment is in jest by the way truro!!! talking from experience I've lot's a cash in here too and sitting on a 97% loss which i have a strong feeling will never be recovered
Jesus Truro you stay well away from this you've been in this share for far too long and given it to much of your hard earned cash.
if you need a share i'll give you another one but let fox go and buy another.
I got here through Fox and have very little knowledge of the modular building market. But what little I've seen I think ECOB is one of the simpler systems to operate. I am heartened by the Chile certification which we seemed to pass with flying colours. This can only give confidence to prospective customers.
Might just raid the piggy bank for a small top-up.
Https://www.londonstockexchange.com/news-article/ECOB/official-certification-for-latin-american-markets/16428716
The 'start' accelerates a bit more. Chile is clearly being advanced in parallel to Albania so this certification is notable for that. The next update will hopefully turn back to Albania and deliveries into customers.
Tt - that rns was a guidepost. Albani is a serious individual for whom Eco shareholders can rely on to give 110% towards the series of goals clearly implied in the release. Let's hope his stepping up to this executive role is a hint of important milestones to come soon.
Yes bluerill, I also see todays RSN as a start. At least the guy has a definite incentive! The presence of Sir Mark Lyall, is for me, the singing canary and I don't see any real major problems. The recent fund raise from existing shareholders was also welcome. Not quite like Thames Water!!
I'll concede that nothing short of line-of-sight of first revenues linked to deliveries into the 2 big contracts in Albania and Kosovo and/or signing another big deal in another jurisdiction that the company keeps alluding to, is going to get the share price popping, but today's RNS can be read as a hint of more positive developments to come (soon). Albani has obviously been the key figure in securing and maintaining the company's key advantage (despite the sp performance) over its competitors: the massive dual contracts in the region and is likely close to signing more business, as this RNS implies. Agreeing to essentially come out of the background and take such a prominent executive role at the company - for me - indicates they're ready to move forward in a way we all want to see: delivery of product, first revenues, and then growing the business elsewhere through JVs and partnerships. And perhaps I am too ambitious in my reading of the RNS, but I am cautiously encouraged by quotes like, "As the Company's largest shareholder, I want to assure our long-supporting as well as potential investors, that my efforts will be keenly focused on creating shareholder value and improving the performance of our shares. Your trust and investment in our company are paramount and I am committed to working diligently towards our collective success." At least it comes close to a mea culpa for the appalling sp performance-to-date and a promise to do better going forward. Let's see.....
https://www.londonstockexchange.com/news-article/ECOB/board-change/16422181
Patience, job, patience
Progressing well I see , wonder how many weeks/months this will take.
I don’t think there is anything to ramp on this stock it’s pitiful and the price action tells u everything it’s dire the board can’t even get the first payment on time also tells u there’s more problems under 10p possibly on the cards
Yet still someone will say its fantastic and this time next year we will be millionaires. No.we won't. In all honesty is even the most bullish ramper here 100% sure this crock of s*i* will.be here in a year?
what do you know 10p on the bud what a crock of **** did say this would hit 10p several months ago
With tomorrow being Good Friday I take it today is the last trading day of the quarter? Looks like no news on the first house then.
Anyone actually think this will help the share price or just provide an exit for everyone to sell into ?
The fact that no one seems to buying this stocks at rock bottom with the 1st payment so close is a massive red flag
5 days of trading left of the 1st Q to see if the self acclaimed anticipated 1st revenue will land on time surely there won’t be a delay time will tell.