Topped up again today26 Feb 2014 17:07
My buy is the one at 15:07. This share is a gift compared to the raft of dross, broken promises and jam tomorrow shares on AIM.
This is a cash cow in the making folks. Already producing. Already selling. Buyers all over the world. Not vulnerable to economic downturn due to being a niche luxury market for the wealthy. No real competition. Rare forms of marble - huge resources. NOT a mining company. I repeat NOT a mining company. Excellent and high quality management with a broad range of experience and in much larger companies. BOD have large stakes in the company so interests aligned with ours.
Once the company is generating sufficent cash flow they will adopt a dividend policy. Yes you read that correctly. A DIVIDEND policy. How many penny shares can you get an income from on the AIM I ask? Still by that stage this will be moving out of the penny share range.
Why isn't everyone buying it up then?
- lack of understanding of the market and lack of research
- under the radar of many
- perceived totally incorrectly as being a mining company. IT IS NOT despite what some plonkers on here say.
- no other comparable companies to evaluate with - only marble quarrying company on the market
- relatively new company still so no track record
- perceived geopolitical risk in the region ie.Kosovo, Macedonia. This fear is way overdone as these are now stable and well supported democracies which back inward investment
This is a MASSIVE BUY and now is IMHO a very good entry point as the price has pulled back from its high and is likely consolidating before the next leg up. Very willing to put my reputation on the table for this one.