Member Info for eshaitan

Completely unsolicited offers as well. Is this a good pr plant or something more substantial? I'm 25p below my average so either way I will take it.

3 million in blocks with a 50pc margin, sorry!

Going through the updates I believe Chris when he says this year they can sell every block they quarry. I’m not sure if they will hit 20,000 tonnes from their Illirico silene or Illyric Bianco marbles, but all their other marbles they have reserves of in their quarries, so total volumes sold could be higher than that quarried this year. If all goes well they could sell over million in blocks with a 50pc margin. But that’s really a lot of work for,in the greater scheme, not a company making amount of money unless they throw more workers and equipment at the quarries and ramp up costs as well. There’s no need to chase China at this stage who only take block marble as we are constrained by supply anyway. It’s the slabs and tiles that really interest me, especially the trickle of small orders that are probably worth tens of thousands to the company at a time. I like the anecdotal stories of people buying containers worth just because they are ready and available. I will be buying shares on Friday as well. I will low ball it and say H1 with the shutdown I would be happy with sales over a million. H2 it needs to be well over 2 million. I can’t see fox making a profit until sales are over 5 million per annum, but as long as half on half they show significant progress this will rerate sharply upwards.

It was one of the longest I have read as well. By waffle I meant repeating previously known facts. You know when the headline numbers are not on the first page there is a problem. But I had to scroll down goodness knows how many pages to get crucial numbers. I’m probably the same as most people here, a shareholder and I like to think a patient one. But at some point they need to put out forecasts. No doubt it will come good. The question when? Is as elusive as ever.

I skipped the pages of waffle and went straight to the spreadsheet. A right pigs ear springs to mind. How long for revenues to come through from these deals?

I try and ignore it all. Lojuxta revenues are likely to be upgraded again. Sales this year are likely to cover all the plc costs, it’s just the AP101 trials that are munching cash. Nothing has changed, if it fails expect a fundraising to clear any debts. If it succeeds upside is huge, and there is always a chance of more products being licensed. Very happy with lojuxta progress, people need to just switch off for a year and see where the dice have landed.

And now it’s up. Marginally.

Sorry typo profit margin in 2016 was 40pc.

Hi ctw2014, I have been a bull and or bear on this board over the last couple of years. I sold out quite a while ago and said I wouldn’t be buying back in until the factory was completed. Too many delays for me and missed financial targets. A couple of observations, the profit margin in 2016 was 60pc. 2017 it was 34pc. Both are pretty irrelevant as the costlier marble block quarries were ramping up and the slabs were being cut by third parties. 2018 onwards will start to give a better reflection of the true profitability. Going through the annual reports there are some savings that will come through to reduce expenditure next year. I think the alliance plans pushed up consultancy and legal fees. Finance costs and writing off debts should also be zero as it looks like many people are now made to pay in advance. I think total costs will come in just over 2.5 million in 2018. I’m back into bull mode again and will be buying within the next 2-3 weeks when I sell an Investment propert back there. I like that the debt is gone so they can pay dividends ( although that is 2019 at the earliest) and have an unused finance facility in place. The main thing for me is the ability to make tiles all year round, it will be a real money spinner. I also observed a couple of years ago our sivec competitors also installed crushing machines to break loose rejected stone up which sold to highways agencies as road markers and linings. I wouldn’t be surprised if fox marble do the same to monitise waste they can’t use. I agree break even or small profit this year. This looks cheap.

Grabbed a few yesterday before close, I expect a slight recovery today. It’s a more realistic p/e but with the good growth prospects I think this is oversold.

We will see. According to the Lee finance news they are predicted to open up 5 percent today.

No nasty surprises. Steady as she goes.

Wpp has some good results for the first quarter. It could bode well for the results on 10th maybif advertising revenues are picking up.

When an rns trading statement wasn’t released by uk investor show date I sold out. Enough is enough. If they had something to say on sales they would have been shouting about it by now. Hopefully the uk/eu will gear up quickly and people get their money back. On balance I will take the loss.

Just another 2.5p and I’m break even. Hopefully something on China soon,

I don’t think anyone had said they were surprised. I think you mean whinging.

And still nothing to say on sales.

The heart says top up at these prices. The head is still saying don’t do it, wait for the results and forward looking statement.

There is only one thing that will move this significantly up and that is large sales. The silence is deafening, you can’t blame the Chinese New Year any more.

Think we might see a bit of a recovery this week but all eyes to interims at the end of April.