Member Info for eshaitan

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 sol

seeing that little flashing dot, thought it was a sales agreement and more cash coming in that way. Oh well, nothing disastrous and only a minor discount, I would rather they do this and have a bigger suffer of cash to go forwards, or the balance sheet would be looking a bit light. Just opened my international dealing account in oz yesterday so will buy a few more fox later this week. Next news will be good I'm sure.

http://www.shareprophets.com/views/11919/video-of-presentation-by-ian-strafford-taylor-of-fairfx-at-uk-investor-show-2015 Sorry if you have seen this already or are not members of shareprophets, but this presentation was released a couple of days ago. Ian Strafford comes across very well. To be honest hadn't heard of this share before outlooks interesting. I emigrated to Australia last year and checked their transfer rates and they are very competitive for large and small amounts. These aren't in my portfolio yet but will definitely be watching them.

And nice to see fox marble doing so well. Guess we will get more news on orders soon. This is my biggest investment and my parents bought a few too. They asked what I thought was fair value and my answer if they hit targets for next 2 years with a pe of approx 10 it's 60p. We shall see :)

This is what we want. Polished slab marble being bought. When the figures for the china sales come through those annual sales will rocket. Nice update.

A bit as well. I thought end of march we may get some updates on more agreements or the Chinese off take. Should be soon hopefully

Hopefully the Chinese off take have selected their blocks in February and work on the factory is nearing completion. You never know when if more orders will spring up as well. I like steady as well.

Should slowly be coming out of hibernation now. Hopefully the Chinese

So target this year is revenue of 7 million euros and a pre tax profit of 2 million....Looks doable, just need a steady stream of orders.

The shares have responded relatively sanguinely – currently trading at 18.5p-19p, capitalising the company at around £28 million. It noted end 2014 cash reserves of €4.7 million (currently equating to £3.7 million) and we continue to believe that recent announcements suggest real progress is being made towards a mammoth ramp up in sales. That could see the company generating eight figure profits in less than two years. Now little ahead on the 17.5p offer price at which the shares were tipped just over a year ago on the Nifty Fifty, we continue to rate them a Penny Shares speculative buy at up to 22p.

http://www.shareprophets.com/views/10118/fox-marble-trading-statement Fox Marble (FOX) has updated that, with much of the 2014 order book having been pushed into H1 2015, 2014 reported sales are expected to be only around €150K, though that it is “encouraged by the strong finish to the year in terms of deferred income, signed offtakes and sales agency agreements” , with “confirmed orders to date for 2015 currently stand at €1.5m of block and slab marble”. The company admitted that “it has taken longer than anticipated to crystallise a number of potential transactions and offtakes”, but that with distribution channels and “a sizeable and varied inventory of marble for potential customers to review” having been developed it anticipates that its order book will now grow at an increasing rate.

That's what we like to see, high margin sales and another potential long term customer!

Taking a look at how the retail sector, supermarkets and oil companies have performed last year I'm glad this isn't going anywhere much! A small drop on delays already reported, that's fine. I see this more as a defensive stock with a lot of potential upside in share price and dividends. Noone knows how this year is going to play out with Europe and China or emerging markets. I'm happy to be mainly invested in this and paragon diamonds. Neither will be at the mercy of sudden shocks to the financial system, they will always have a product in demand at steady prices.

gives a pretty succinct summary. 2014 accounts will show hardly any revenue but gearing up nicely for 2015. Deadline for factory completion by end March now. I still think this will stay around this price until easter when the factory is confirmed as being operational , but gives me a chance to increase my holding :) One good thing is that even with sales being pushed into 2015 cash is not going down fast. It gives me confidence this will very quickly be at break even.

http://www.shareprophets.com/views/9864/tom-winnifrith-s-tenth-and-final-share-tip-of-the-year-2015-buy-fox-marble-at-1825p

I think everyone has the right to post an opinion, there are probably plenty of potential investors sitting on te fence and watching. I did buy another 4ks worth today. I had a look at my portfolio and after a few disasters and a few huge successes I'm finally showing a book profit for this year. Think I have learnt a lot as well, not to get greedy, not to reinforce failure and stick to companies with good fundamentals. I also mostly invest in aim, not sure if that's wise or not it's certainly bit for the faint hearted. I have decided to reduce some of my other shares and bank some profits in January and make fox marble my biggest investment. I'm going to try and put 30-35k worth in my isa and hold them. The bad points about fox are the delays, the block marble deals are not going to do anything other than pay the bills and keep the lights on, and finished marble deals are an unknown, what sort if demand is there? The good points though are this factory should be up and running by summer. I expect there to be a constant stream of deals after that, hopefully some at very high margins, and a concentration on finished marble deals rather than block marble. I think Chris and the team have done well to secure all the quarries, a cheap factory and a world class person to bring it all together. I kind of like this management. Reasonable pay and plenty of skin in the game. The only way for them to get rich is to do aggressive dividends and that can only be good for us pi's. I like the business model. No debt to speak of, very low overheads compared to any other mining and low tech. Most other aim companies stall before they extract anything through lack of cash because they need to raise tens of millions just to get started, and hundreds of millions to gear up we don't. Also a monopoly on some marble. A huge supply that will last thousands of years, so again not like most a mining with short mine life spans. My prediction is buying fox shares under 20p will not be possible by end of march. Factory erected by then and machinery being installed and after a stream of deals a small dividend will be paid this year with a much higher dividend promised in 2016, which will boost the share price and put fox on the radar. Always the optimist. Have a good Christmas everyone and good luck with your investments next year.

That's the big market cracked hopefully

on shareprophets again yesterday, it tipped buying up to 22p, it might create a bit of volume today. I'm not sure there will be any more news this year but I think there will be a lot of news flow soon. This is definitely one share I want to increase my stake in.

I will do the same. Could just be dropping on the boredom factor. Please no more delays though :)

That should prop up the price nicely