The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I expect a few sells now from this tick up as many had hoped for news sooner. I'm staying in until that factory is up n running.
LOvely weather until December... http://www.meteo-europ.com/en/rs/serbia/lipjan-weather-15-days.html
Snow from December...I'm sure FOX would like to see the roof on by then, Q3 was the target so should be positive news soon.
Factory should be completed soon (End of Q3) and can't get over how nice the weather is over there... http://www.meteo-europ.com/en/rs/serbia/lipjan-weather-15-days.html
is to get more roof builders!
Silly Spread.
Weather still looks good on this site though.... http://www.meteo-europ.com/en/rs/serbia/lipjan-weather-15-days.html
Still sunny out there, Couple of showers Fri/Sat then Sun Sun Sun for 2 weeks. Roof completed in November? http://www.meteo-europ.com/en/rs/serbia/lipjan-weather-15-days.html
Good stuff...baby steps into the world of Marble and it looks like FOX are keeping the good stuff for themselves which is good. Wonder how that roof is getting on during the lovely weather kosovo are having?
http://www.1blueplanet.com/weather/forecast/?wc_location=788652&wc_language=en
Saw the blue flashing dot on media but I think it's about last months talk about 'God and the weather', speaking of which...up until the 23rd Oct it's mainly lovely....never realised how nice the weather is over there at this time of year, might go there for me hols. Roof = BOOOOOOOM!
'On Monday 29th September the first ShareProphets evening seminar was held. 4 talks, free pizza and booze. A great time was had by all. To ensure that you get priority booking for future seminars (the next one is 13 October) register HERE. The first talker was Chris Gilbert of Fox Marble (FOX) who spoke well and made a good case. I rate the shares as a buy'. - See more at: http://www.shareprophets.advfn.com/views/8156/shareprophets-seminars-video-presentation-by-chris-gilbert-of-fox-marble#sthash.4ZkzWITs.dpuf http://www.shareprophets.advfn.com/views/8156/shareprophets-seminars-video-presentation-by-chris-gilbert-of-fox-marble
Apart from Monday and Tuesday the weathers lovely for the next 10 days....so get that bloody roof on! http://www.1blueplanet.com/weather/forecast/?wc_location=788652&wc_language=en
Nice little read about how a private investor looks for profitable companies... and he picks FOX http://1clicknews.com/the-diary-of-a-private-investor-hunting-for-the-best-shares-and-revealing-the-winners-and-the-losers/
Interesting activity from 10am. I think they're mainly buys and someone is trying to not draw attention to themselves. When the roof goes on the factory ....then the machinery can go in then....... the sales people can go into overdrive....then we have a smile on our face.
'Furthermore, as the company digs deeper into its quarries, the quality of the marble is improving.' and the weather looks lovely in Lipjan https://www.google.co.uk/#q=weather+in+lipjan
LONDON (Alliance News) - Fox Marble Holdings PLC Monday said its sales figures were "below expectations" for the first-half, but expects improvements in production and sales now that its quarries are fully operational. Fox Marble's shares were down 13% to 20.50 pence per share Monday morning following the release of its half-year results. The marble quarrying company focused on Kosovo and Southeast Europe reported revenue of EUR34,000 in the six months ended June 30, after introductory sales were made to customers in the US, Europe and the UK, but revenue development is still in its initial stages, it said. The company generated no revenue in the first half of 2013. Fox Marble's pretax loss widened slightly to EUR1.2 million in the six months ended June 30, compared to EUR1.1 million in the first-half of 2013. "Despite working hard to establish Fox Marble as a seller of premium quality marble, our sales figures for the first half of 2014 have been below our initial expectations," said Chairman Andrew Allner. Unseasonal and bad weather that has persisted in Kosovo since April has hindered progress, it added. Fox Marble is confident that development of its quarries is now at a stage that will support significant progress in sales revenues in the second half of 2014 and 2015, it said. "Now that the quarries are fully operational, this will give customers confidence that our products can be reliably supplied in sufficient volume which should underpin new orders from customers that were reluctant to order from a quarry in the development phase. Furthermore, we are busy extending our marketing sales and distribution arrangements around the world which should also deliver new sales in the next 12 months," said Chief Executive Chris Gilbert. "The company is expecting to be able to announce further orders in the next few months. In the meantime the company has sufficient working capital to continue to develop operations," added Allner. The company said it had EUR2.5 million in cash and equivalents at June 30. Fox Marble has purchased a double-skinned steel factory for the cutting and processing of blocks which is currently being erected on its 10-hectare site in Lipjan, China, and it said it expects it to begin processing marble for sale from the factory in the first half of 2015. "With the exception of sales, which have taken longer than expected to ramp up, we believe your company has made good progress in the period," Allner said, addressing shareholders.
'to the extent that it is even possibly to consider it declaring a maiden dividend for the period.' Just need to sit on these (unlike what I did with Moni bought at 3p - sold at 6p then they went to 70p..now 30p)
And here is a weather link to Lipjan were the factory is being built https://www.google.co.uk/search?client=opera&q=lipjan+weather&sourceid=opera&ie=UTF-8&oe=UTF-8 .....I'm bored today.
"The company is expecting to be able to announce further orders in the next few months." said Chairman Andrew Allner. This is what we are waiting for.