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Please go back under suspension the drop off n price is to much lol
I really wonder if they will start some kind of PR ? To stop the drop
Not how I read it. At all. First panel more likely by month-end. sheesh
Hi Bullish, yes at least it is trading again and investors can finally make their mind up whether they are in or out. In regards to the factory being operational, I don't think that is the case. Major components have been installed but it mentions that commissioning will take place through Q4 with the first panel due after that, so I would read production delayed until Q1 next year.
So we return from suspension
Personally happy that progress has been made with the new factory and are now operational and start on our existing contracts .
wouldn't be at all surprised if more were to follow now
The frustration from some holders over the suspension is understandable but you now have to look at the company based on what it has achieved and is about to do so its make your mind up time .
lets not forget the placing was done at 55p so investors clearly thought it was a good investment at that level let alone at these .
1p a share
The suspension is lifted from 19/10/2023 7:30am, the half-yearly report having been published.
C'mon nobby, how much did they used to pay you? and why did they stop? spending too much time playing wordl?
How much are they paying you Foxy? Come on admit you work CG?
A superb update?!!! What a load of BS Foxy. Revenue has only increased because of damages awarded against some Indian company otherwise it would have been a reduction in revenue. Those impressive control measures that Andrew Allner has mentioned have resulted in an increase in admin costs from £1.7m to £2.3m and the loss has widened to - £1.9m. Oh yes that is perfect Foxy, where did you learn business cause where I come from those figures are the result of an incompetent management team. I see also borrowing is at £2.5m. I also see in the narrative attached to the figures that they are still forecasting factory completion in Q3 23, does anyone in the company proof read the rubbish they churn out, we are now in Q4. Don't get me started on suspension, how can anyone be happy with that? As John says, gives that idiot CG an opportunity to collect another £24k of our harder earned money and not have to communicate with shareholders. There is no factory update Foxy, you talk () & £
Joe
There really are some people on here who don't think they have been fleeced and have not lost every penny! Time will tell, and I will be happy to apologise if I am proved wrong, in which unlikely event I will also get some of the small amount of money back that I gambled.
I put gambled because the word invested is not appropriate with anything associated with idiot Gilbert.
PMSL the worse is yet to come shockingly bad but expected
Hi Foxy,
Funny how I popped my post early morning and then the RNS drops. I must have been tuned in to what was happening. If only I could see into other matters!
I've been sat in the background patiently waiting, rarely commenting here, but I would hardly call this morning's RNS 'superb'. Its an update on accounts. My post this morning is not 'trashing' the company for lower entry- on the contrary, I've been invested here pre-ECOB, I look in here and on the telegram group too. There are people on here that do have specific intentions and it's clear for all to see but my post is not to be mixed in with those.
What this morning's RNS should have included is when they now expect for the interim results to be released and an approximate timeframe for when this share will be relisted. That's what I would like to see because, quite frankly, my patience has run too thin because of a lack of communication from the board.
'Shareholders should be aware that Company's Shares will remain suspended until publication of its Interim Results for the Six Months ended 30 June 2023.' Ok, strictly they haven't put a time estimated time on it but given what we have seen since June what is your expectation?
I will change what I previously said. We are the idiots, not Gilbert. For him it is £24k till Christmas.
What makes you think that we wont be re-listing soon?
There are many of us in here that have been patiently waiting.
What I would like to know from the board: is it too much for you to communicate with your shareholders?
Initially, accounts were to be in July, then mid-September, but here we are in mid-October, no further forward and no update as to what is happening. It’s not acceptable.
Prior to change over from Fox to ECOB, I had everything in here because I believed in what was being presented. Thank goodness I followed my instinct and pulled out half of what I had.
All we ask is that you keep your shareholders updated. If you miss a deadline, don’t be going weeks on end with radio silence. If I was to do that at my place of work, the CEO would have had my head on the chopping block by now.
Maybe he has a lot of money invested in it. I genuinely hope not for his sake.
Long weekend away without the phone. Wondered whether there had been any movement in EB whilst I had been away, what a silly thought. So according to Foxy this Board is not of interest and irrelevant, well if that is the case why are you on here defending the company? Also I do have access to your Board Foxy, I hope City Girl gets better soon and in regards to me trashing person this investment, I don't need to, the coma y is doing a mighty fine job of it themselves. I see across several Boards now including this one, shareholders have had enough of no communication and an u tradeable share. WAKE UP FOXY, this is a dog!!!!!!
any sign of this piece of **** company coming out of suspension yet! any news on this so called contract kicking off any chance of any information coming forward from management! any chance this won’t collapse when suspension is lifted ! any chance of getting our money out at a half decent price lol not a chance
tomorrow is a new week half october is now behind us and still nothing
Well I read this board so I assume that I am an alias? Never been one of those before.
What I am is a retired finance professional with 2 degrees along with actuarial and taxation qualifications. I have also had 40 years of experience investing largely in smaller companies. After that that time I have had many successes and also suffered the pain of many company failures. I know the smell when something isn't right, and this one is emitting a stronger odour than any I have encountered in the last 10 years or more. Its a dog, it appears it was a dog from day 1. In my view the chance of ever seeing a brass farthing from my thankfully small investment here is three quarters of the cubed root of sod all. Hype this all you like, this was a con from day one. I mean really, after 4 and half months it has been suspended for 3 and a half. And yet you continue to push the £114m message repetitively like the Norwegian Blue before its sad demise. You are either a company stooge or totally deluded. Filtered.
I have read all of this Foxy in the Admission Document, I don't need you regurgitating it on here. I am bringing a sense of realism to their aspirations and saying that what they are wanting to achieve would be difficult for an experienced management team to deliver let alone a team that has a track record of continuous failure of the last 12 years. Mind you, you seem to be more active Foxy on here I am wondering whether CG has gotten you to fluff us all up before the RNS' start coming out?
These clowns will require another raise at least, no question about it. Originally they needed £10m to fulfil their ambitions, they cannot deliver what they though they could on less than a fifth of that, that was all the City was prepared to give them. There is no way a house builder can deliver this EUR114M contract and all the other potential contracts that they have been bigging the market up on including Eco North on just £2m, it is not feasible. When you have so many housebuilders and construction companies falling into administration, developers will want financial security to ensure that they don't fail half way through a contract. Eco Buildings from what I see has nothing. This is a flop again at the nds of EA and CG
RNS 2nd June 'Admission to AIM'. RNS 3rd July 'Suspension of trading' Today is i9th OCTOBER SO WAKE UP
At least we had a run of a few years with Fox. From memory ECOB gave us a single month before suspension, apparently never to return.
Same people in charge Foxy of Eco Buildings as Fox Marble, you fail to grasp this fact. They promised the World in Fox and delivered diddly squat. Similar to what has happened here. I was hearing about Eco Buildings last year when they started the roadshow, the presentation talked about first production at the end of last year, why has it taken so long to pop up these factories and production lines, clearly the model does not work.
Time will show who is right here, we appear to have 2 distinct groups with very polarised views.
Sadly, as an admittedly very small shareholder, I am 99.99% convinced that the group I belong to is right. Would be better for my finances if my group was wrong!