Member Info for eshaitan

And to think nearly a year ago the company announced their largest sale from malisheve and shortly after the best h1 results ever with reduced operating losses and greater profitability. It seemed a given they would break even in 2019.

It’s been an interesting year since of legal shenanigans and plague. I see Coronavirus infections are still quite high in Kosovo after restrictions were relaxed slightly. I think it’s still going to be a while before it’s business as normal.

Those weren’t mine but yes I did have some small top ups in my ISA taking me to just under 1.2 million shares.

That’s enough for me at the moment, I’m just completing on a house on Monday so I have sold a lot of opti shares 2 weeks ago for the deposit and to buy some fox marble.

I guess I’m being a bit more cautious now, fox is really my only high risk investment, like you I’m not buying or selling I’m going to wait and see if Chris fulfill his promises.

I see no reason to delay the results. The accounts staff and management are still working. They can still social distance and put them together for release. You would have thought this would be an ideal time to do it while it’s quiet.

Anyone planning on attending the AGM?

Although a lot is already known. A total of 1.4 million revenues 2019-2020 is bad especially as 1 million of that was in h1. It shows how much of an impact losing malisheve had on sales and the knock on effect of management wasting time relocating equipment and instructing legal action.

Which brings us possibly to a trading update for this year so far. Assuming the worst there may be no block sales at all this year if travel remains restricted eliminating one source of revenue.

The processing of 3rd party material might be the biggest earner for the company followed by work on their own projects. This covid situation makes it impossible to predict anything. Best case scenario fox marble smash2019-2020’s revenue this year just with the factory and with lower overheads. If that happens the business case for investing looks very strong. Of course the 3rd parties might be scaling back as well, it’s hard to say.

I have also been reading some past judgements of international arbitration cases against Kosovo, including the largest Kosovo successfully defended. The biggest risk for fox is if they lose they could be on line for costs of a couple of million.

But Kosovo seems to be struggling with their own rules, I see lute credit put in a claim as well a couple of months ago having had their business hamstrung by the kosovan central bank. Also judgements can take a couple of years from being lodged so it may be late 2021 until judgement is passed.

There was nothing in the results that were surprising. I thought the most interesting thing yesterday was elrico’s blog. SOH gave targets which if achieved would exceed 2.4 million in revenues. As more and more deals come to fruition this year I’m sure it will be exceeded.

And sensible housekeeping. Reduce costs, get rid of Goetz thank god and increase margins. There’s plenty to be cheerful about.

Maybe they should give Fred the probiotix division to run as well. He seems to be the master of deal making.

I have added 30k worth as well. I sold some shares late last week as this happens every time the end of years results come out. Loads of waffle, everyone scrolls down to the numbers and the share price crashes.

It’s annoying this share is tradeable on the ups and downs. I think that will change at the end of this year when they show a maiden profit. I’m happy to be buying in at a lower price, there was always the danger of a mega rns and this motoring on ahead.

FTSE 100 starting up 2pc. But will Lloyd’s be immune to that....

Thanks for the interview. The company has never been in a better position, but I’m wondering will we see the usual retrace into the 50,s until the next piece of news?

Well I just started buying in. There aren’t many shares out there at the moment. Probably a good sign if news does hit.

It’s only a matter of time before the share price is back In 3 figures. Their sales momentum is impressive.

Haha unvrkw. You’re maths is right, but only if that particular outcome happens!

And interesting idea Truro, maybe they will reach a compromise, it all depends of Chris. He has so many shares of he thinks they are going to win I wouldn’t settle early. For us the outcome would be thousands, for him it could be millions.

So many variables aren’t there?

On a 2 year view 10-15p would look very good. It could be much more if the business plan comes good. I’m wondering if there will be any delays of the court case with Covid 19 lurking around.

I’m trying to time an entry but I’m definitely going to get it wrong. At the moment I’m in optibiotix, and I’m up. I think it has further to go this year before I sell. I’m thinking maybe the fox share price will stagnate on news or ebb back with the final results and that could be my entry point but we will see!

Absolutely sublime. Very well done.

I just had a look on the Facebook page of fox marble and they certainly are ploughing on with this Kosovo order, they have processed an impressive amount of tiles already.

And then for the first time in months Lanii kastrati who is still frequently dropping off blocks to their factory usually to some very dodgy Albanian music. They seem to be ticking over nicely until lockdown ends.

I still think there will be a small fundraise soon but I don’t see it happening at a discount to the share price.

I expect them to be good. Busy week so just got round to listening to Elrico’s podcast on revenues. I’m still more bullish than the 3 million revenues in 2020 he would be happy with. If optibiotix are receiving between 2 and 3 pounds for every slimbiome box Holland and Barrett sell it should be far more.

I just filtered him. The first person I have done that to in 6 years. He obviously isn’t going to engage with the company and I hate rudeness. Shame really he could have done something constructive and got the company to put something on record.

If you’re not willing to do that it’s just hot air and you can’t be taken seriously.

Hey dactions.

No problem, hopefully you will get your money back. No argument on the slow ramp up of the company if is a serial disappointed. When they lost malisheve I sold out, but just prior to that it fox looked like it was about to break
Into profitability with malisheve providing most of the revenues.

Unvrkw has mentioned this but it may have been a good thing, they have had to be more creative and focused on their factory and employ people that have marble experience. Now it will be processed marble that drives profitability, probably what they should have done from the start. But setting up a new business is always trial and error.

As for the articles from McGrath, he can post what he like. But posting the article 4 times in 12 hours does look a little odd. Instead of taking it out on the people that use these boards mainly for a bit of fun he should challenge the company openly through their investor relations or ask share prophets to challenge fox on his behalf. Otherwise he doesn’t have the full picture and neither does any other poster so what’s the point in arguing on it? If he takes action now he can make the company address it in their results due soon.

Well easy answer to this. Pick up the phone and make a call and ask Chris Gilbert to contact you, or email the investor relations.

Let us know what Chris says, it should be interesting. Thanks.