Member Info for Ctw2014

20p? Unlikely anytime soon but, even if so, that wouldn’t even touch the value destruction that this outfit have managed over the years. Original ‘investment’ £1337. Current value of shares held £5.05! You have to laugh. One of the true dogs of AIM hiding behind a new name. Just look up a chart of Blur’s share price performance if you don’t know the history.

“The Company is in the final stages of signing documentation for the purchase of the onshore Thames Reception Facility ...” Can’t be long now before we hear confirmation of completion of this purchase.

Really looking forward to finally seeing the hydroxide results and the revised PFS, both due this month according to the RNS last month.

I have been a a long time supporter and investor in Fox, in the past struggling almost solo to rebut the cynism of posts by Notmuchinsales but today, I have to admit, he was right and I was wrong. I have now sold in disbelief and disgust at this morning’s appalling update. We now have bad audited results in May nailed on, and I can’t see anything much happening between now and then to support the SP, so I would rather incur a loss and take my chances and invest the money I had here elsewhere, at least until there is hard evidence, rather than spin, of a turnaround, or the SP is once again at bargain basement levels. Revenues hardly up on last year and the second half not much better than the first. Debt increasing again. It is now clear that the claim of demand outstripping supply has been a result of underperformance in the quarries rather than galloping demand. The dramatic increase in production at Prilep since the new quarry team was introduced shows that the old team must have been virtually sleeping on the job, and yet it has taken until November to address the issue! An order book of €3m for block sales in 2019 (larger order book claims have, I think, been made in the past) but no mention of future orders for processed marble despite the factory apparently now operating two full shifts year round. We are told that a dedicated tile polishing line will be operational in Q1 2019, despite being told in the preliminary results that the factory “became fully operational in Q4 2017. The gangsaws, resin line, and polishing line are fully installed, commissioned and operational”. Ok, rant over. Fox may well come good eventually and I wish all holders well. It is fortunate for Fox that they have been able to persuade investors to pay a small premium for the placing, which is obviously the main reason the SP has not been decimated. I may buy back in, but for now I am gone and will out of respect for those holding refrain from further posts on this board (unless I do buy back in).

Nitbhav06 - Well you could buy the shares you want at 9.25 and do us all a favour; you never know, you might be able to keep the sp up all by yourself! Seriously, with some of the trades we have been getting lately, we could keep on ticking up without news. After all, we would probably all agree that Fox is a good buy at these prices and if logic has anything to do with it, you would expect buys to continue to exceed sells. I don't think we have many traders looking at this share yet, so the normal aim blues during dry spells may not apply. All it needs is holders to hold and a few new buyers to cotton on to the opportunity.

Interesting 3x 100,000 buys; 3x 50,000 sells; and 5 x 900 buys - who would buy in 900 lumps?? That must have cost 5 times the trading fees he/she would have incurred just buying 4,500 in one go. Odd. I could understand if buying in 9000 lumps but 900?

Guess!

Nice update from Bert on **********. Can’t post a link as on my phone.

I said on the 21st that they might hold off until closer to the Investor show on 30/3/19. I don’t think that is necessarily poor on the part of Fox and may well be a canny move. After all, the more sales he can get under his belt post period end, the better it will come across irrespective of the 2018 figures. He will I think also want fairly ‘fresh news’ to talk about at that event. Frustrating though the wait may be, it could be in our interests that the next news is more of a barnstormer, rather than just good.

Actually there is something more to say which is that some of the negative comments on here are bonkers.

Brilliant update - nothing more to say that hasn’t already been said. Onwards and upwards HUM.

Trading picking up a bit now. Should be due another tick up soon if it carries on like this. Almost in the black again!

The SP is not as bad as it looks. LSE have got the mid price at 17p when in fact it should be 17.5p. Every little helps!

Yes, Fox were very clear that the money for Stone Alliance would be raised independently so no dilution for Fox at all.

And updated PFS with hydroxide results next month.

Can’t see why - makes no logical sense to me. In any event, having given a timescale the silence is at best annoying. All it achieves is uncertainty and a drifting share price. Can’t see how that’s in shareholders interests.

Well, I would love to know when we can expect the hydroxide results which were originally scheduled for October and which Keith, in his latest interview, said had tipped into November! I have emailed the company asking this and not even had the courtesy of a reply. Whilst I am a firm holder here, I do think the company’s comms are poor.

I think folk might be under estimating the significance of this client. The $0.9m order was the first DEPLOYMENT order, which was quickly followed up by another at $0.5m. These are fairly small sums for the DoD and wouldn’t amount to a partularly large amount of kit compared to the size of the US armed forces. I think there is potential for a lot more orders from this source, and this is a non core activity for GDR where the main focus is on marketing the HCV test. And there are several other potentially big revenue drivers in the pipeline such as the TB test and the test for antibiotic related hearing loss in babies. We just need more people to cotton on to this share and the fact that there are some big investors on board, such as the Pru, who don’t just put their money anywhere.

Hypocritical nonsense. Having said that, it will be interesting to see their next move. Overall I personally view their intervention as potentially positive.

Just waiting for those Q4 results - this week possibly.