Member Info for Dibs61

Nice article, thanks. We could do with some encouragement here! I see there's a mention of a Kolar towards the end of the article. I do get the impression from this, and other articles published in recent months that there is growing activity from the government in India to kick start gold exploration and mining. Any positive developments could see this quickly multibag as it is so cheap and valued at virtually cash with nothing in the price for other assets - (stake in GSMI is valued at 2.8p on it's own!) ATB

An order is being filled here. And I suspect there will be more.

The SP movements looking positive. Mms widening then narrowing the spread but trend is clearly UP reflecting growing confidence.

HL Comment: "Shares in Kosovo marble quarrier Fox Marble are cheap, Midas said in the Mail on Sunday. The AIM-listed company's sites are home to some of the most highly prized stone in the world, including White Sivec, used to build the extraordinary Grand Mosque in Abu Dhabi. At 17.75p, below its 2012 float price of 20p, the shares are unappreciated due to investor scepticism of the region that Fox has since gone some way to dispelling. Although results for 2014 out this coming week are noting, but, with an order backlog of £2m, 2015 should be pivotal in terms of sales and profits and the stock's price should respond. "Adventurous investors should pick some up now."

Thanks for posting shab. I think the market is already well aware that the historical results will be uninspiring due to previous updates hence the disappointing SP performance in recent times. So I think its already priced in.

Thanks shabzay for drawing attention. I've attached the corresponding link. A very detailed and positive article but at the same time highlighting the possible pitfalls as well: http://www.thisismoney.co.uk/money/investing/article-3035011/MIDAS-SHARE-TIPS-Kosovo-builds-profit-marble-ex-warzone-turns-luxury.html

TW & Co continue to be strong advocates of this stock. http://www.shareprophets.com/views/11556/fox-marblethis-sounds-much-better

Its not peanuts but thats not the point i'm making. They need to demonstrate that they can control costs which are rising more quickly than revenues. The director buys are required to try and steady the ship but I note there was virtually zero market reaction whilst 18 mths ago the shares would've zipped higher. The 2014 results showed they are strongly negative in terms of cash generation so rising revenues mean nothing until they address their ever rising cash burn. I'm here because I still feel this has potential but they also have competitors and the next nine months are going to be absolutely critical for this companies future.

I agree, and the early addition of a premium UK house builder to the companies sale portfolio is a great endorsement of the product quality. rivaldo - could you kindly copy and paste the remainder of the article please? Cheers.

'Ramping' means board contributors trying to talk a share price up by making all kind of bullish comments and claims about it. Many of which are either debatable or sometimes outright lies.

….which ostensibly I might be comforted, indeed impressed, by. Except that I recall Helium were big fans of the idiot Breith over at COMS and followed him there, and at Verdes. Nuff said? Nonetheless I suppose if I was being generous it is hedge fund support. As for Alan Ward, well I've met him and he seemed a nice chap and very knowledgeable and he's chucked another £25k into the ring so thats not too shabby. Jury still very very much out here though and I'm not taking Heliums involvement as an endorsement of good management due to the 'Breith factor'.

Neither the new CEO or CFO have bought a single share here thus far. I want to see their skin in the game big time if this is to be seen as a good investment.

I think someone's just dumped a load. Stock is very illiquid.

Looks like someone has dumped a stack here this morning mate?

nm

Now means no rush to buy in. Looking for target price of 2.5p with drift over delay period this year.

Now sub 6p should be achievable

I read this as essentially negative short term as they will only be planting 1,000ha whereas target for year must be up to three times that number, perhaps more? Which is all going to slow growing revenues further down the road.. Plus Ebola is not going away in terms of restrictions.

The CEO receiving options @ 6.5p!!!! At a discount to the current SP! To exercise any time in the next three years. Where is the incentive for this guy to perform? The SP is already at a historic low so he can't lose really!

Just from my own experience and perspective Korg. I spoke to a senior official within the company and he advised me it was NOT the PR company but someone in the IT dept who cocked up and that that person had effectively received a good kicking. Unfortunately the same individual (who shall remain nameless) also, shall we say, misled me regarding the company results, completely unnecessarily. I also recall the company advising last year that they were trading at more or less neutral at that point. The strong implication being that they were on the verge of turning profitable. We now know that was nowhere near the case. So, I feel I have some justification for being a bit wary of this lot but, at the same time, I do see possibilities for recovery.