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Exactly the same here The worry is they don't get funding and extend. No matter what the rationale behind it it would look bad and no doubt the sp would fall. Of course the complete opposite could happen and we might all be waxing lyrical. I really thought with PM's contacts finding would be wrapped up by now. Anyhow let's see what happens tomorrow

I increased mine as well at these levels. Growth in the UK is slowing, although to be fair still doing well. I can't see profits rising faster than turnover with a tv campaign to pay for though, and just how much can the uk market grow? A mcap of nearly 700 million now is crazy.

Much appreciated. Let's hope for news next week then.

Sorry guys quick question, I haven't been following for a bit, just waiting for the funding RNS. Does the funding definitely have to be in place by the end of the month? I know one of the conditions set was that funding had to be in place promptly for the new aquisition, I didn't see a fixed date though. Thanks!

Lucky As was mentioned before it was a small transaction to test the market. The amount would have been tiny in the grand scheme of things and doesn't have to be declared, the point wasn't to raise money it was to test the sales end. It will show on the end of year accounts for 2015. It won't be hard to find it will probably be the only revenues this year. Nothing sinister about it, I'm not sure where you are coming from on this. RNS's only have to be released for significant business affecting transactions, this wasn't one of them.

I'm very glad I had some of these tucked away. Thanks shareprophets for the tip! I wonder what the results are?

bow our heads for a minute for Quindell for selling out.....I hope no one took his advice!

that was a nice surprise. I thought for a second it was funding news released, I think that will follow very shortly!

If we hadn't gone for the 2nd mining site quite possibly we would have been in production now I can't see Manduca not succeeding in raising money, he surely has the contacts and name to pull it off? Roll on the next few weeks.

in this management team and company. It's a stable commodity, no wild swings in supply and demand and good margins. But at some time we have to get these sales orders in and filled. We still have the Chinese angle which could come good, but it's worrying we still haven't got the factory up and running or the quarries running at full capacity. I suppose that makes me an armchair critic and I have set businesses up and know delays are inevitable before you hit that sweet spot and everything flows nicely but this could be another 6 months bfore anything of substance happens. Looking at the cash position though I would rule out raising money, I think we have enough for at least 2 years and I believe we will be in profit by then. I expect the share price to fall and then rebound when Chris appears in director's talk later!

Good question. They need something I suppose to reduce cash burn or more money will need to be raised. The sp could honestly go anywhere. Time will tell, I will put this on my watchlist and follow it for a bit.

released yesterday. I'm not invested but thought it may be of interest. "Steve Moore previously commented on AIM-listed WANdisco plc (WAND) HERE (‘after the 2015 Q2 sales update, it’s forecast reduction time yet again!’), including noting forecasts of net cash reducing to $6.2 million at the year-end and an $8.5 million net debt position at the end of next year, with there currently a $10 million revolving credit facility in place with HSBC to March 2017. If this balance sheet position was not too close for comfort already, we now have reason to question the exact nature of the HSBC facility… The August 2014 RNS of the facility saw WANdisco Chief Financial Officer, Paul Harrison, comment that “the reliability, predictability and high growth potential of our subscription-based business model enabled us to secure this credit facility on attractive terms”. We now have reason to believe that there is more to this than it originally appears and ask is the facility reliant on certain subscription-based business? We are told that this is not an overdraft but merely a facility that can be used for working capital on certain large contracts. The cash flow trend in conjunction with recent progress having been far from being anything to get investors partying about (researcher Edison admitting “our estimates assume a substantial acceleration in momentum in the big data business and a recovery in Application Lifecycle Management”) makes our question of utmost significance. Edison sees year end (calendar 2015) net cash of $6.2 million but year end 2016 net debt of $8.5 million. But if that debt can be used only for specific projects then how much of the debt could be drawn down in 2016? cashburn appears to be c$1.5 million a month at Wandisco whicj suggests to us that by Spring 2016 it will be out of cash and it cannot use the facility merely as an overdraft. And that assumes no more forecast downgrades. We have had two downgrades in the past few months so our scenario is a best case one, reality could be far worse. We have a company here with, even in a generous scenario, cash generation not in sight and its cash burn looking set to raise funding concerns. The question on the latter being just how soon? The chances of Wandisco getting its 2015 accounts signed off without qualification seem slim to nil. The 187.5p share price gives a market cap of £55 million. It strikes us that a rescue placing is needed PDQ. The shares remain a Bargepole/Sell. So when will we be singing the new AIM casino theme tune for WANDisco?"

and I'm opening one on Monday morning. Low margin business in advanced economies with very strong competition. I can see them growing revenues, profits however are going to remain very low. Then there is the profit mix. Warranties account for a fair chunk of the profits, there is the risk of more regulation coming in to protect consumers. I also thin consumers are more savvy in shopping around if they do want cover. The fair value of this has to be well south of here I think. AO world are not going to be able to increase margins, they can affiliate as much as they want to increase sales but this mcap is too high.

Totally agree OileyChan sales trumps everything. The factory while being handy to reduce costs is not a be all or end all, we can still get the marble cut and polished elsewhere for a small fee. The delay is unfortunate but its only time lost not really that much money. Fundamentaks are still there, quarries are still being worked on to get our supplies of block marble up. It sounds from the rns more of an easy access issue to different parts of the quarries rather than anything major. I'm on holiday at the moment so just saw the rns release briefly and managed to pick up another 6k worth of shares. I wouldn't normally bottom fish but to me the fundamentals are still there, its just another delay. I suppose the only thing that is on my mind is that there is an awful lot to do before the winter shut down. Its now August the orders in h2 need to be in and being worked on and the factory fit out finished before the winter shut down. I wonder how hard that equipment is to replace. I really hope the next rns is a big sale. I'm going to watch Chris Gilbert's video now and see what he has to say.

that's not good. Sometimes I get the feeling Fox are just jinxed, lol.

the sp has held up really well with not much news. As long as our chinese orders are not chinese whispers this will smash the 25p ceiling.

My opinion not much impact really. I bought into fox as a defensive share with plenty of potential for capital growth. Marble demand grows year on year pretty steadily regardless of economic impacts. Even if the euro devalues making the marble more competitive other currencies are doing the same if can't see that much difference. I would like to hear something about new sales over the next couple of months. The big questions are demand from china and India. I can't see the factory being fitted out for a while.

Think the dividends will be the big thing that underpins this. Still reckon there will be a small dividend at the end of this financial year after increased sales, more as a statement of intent than anything, but next year if this goes to plan could be huge. Next RNS more sales fingers crossed

Think the dividends will be the big thing that underpins this. Still reck

The fox marble website for investors has been updated recently and the last couple of RNS's detail last year and this years sales and where the company is progressing. 30 mins reading can give you the background, I wouldn't invest anything until you have done that as a minimum but the investment case looks solid