Member Info for Nitbhav06

BTF, it might even take a year to bag from 25p. Debenhams uncertainty could take this even lower. But long term, we should be fine. We arw a global company so to be valued at these levels is a bit silly. Deb need to get their $hit together in order for us to see a nice jump in share price.

Btw what is your view on foot?

Threeputt, completely valid point however, our online sales are increasing exponentially. We've increased by 44% in H1 vs prior year. If that run rate continues our online revenues will be over £40m. International sales are up 16% to £12m so full year, we could see £24m.

Base case £64m from online and international markets for 2018. Let's assume PBT is 10% of revenue, that gives us £6.4m without concessions, even if Debenhams went t*ts up, our market cap should be as a minimum £64m. I'm buying on Monday. The online sales will keep increasing significantly. Debs is not a problem in the long term.

The problem is keeping up with online orders.

Esh, I think 2020-2021, they have the POTENTIAL to extract over 50k tonnes with the new capex spend on Prilep and Malisheve however, Chris may not even have an order book that big.

They say keep emotion out of investing but most shareholders have had enough of the lies and blatant borderline fraudulent behaviour from Execs. What on earth is Fiona getting paid to do as Finance Director? If I was CEO, and I announced these results, I wouldn't take a salary, I'd be ashamed.

Fox is not worth £20m market cap.

Truro, order book is peanuts. €3.3m is nothing, that's break-even point! You can't trust CG, he over promises and under delivers. We are in desperate need of a new CEO.

I could have sold €1.1m in UK alone if I was part of the sales team. It's an embarrassment to report such terrible numbers. If it was me I'd step down. Utter shambles. It will take a year to ramp up production to the levels he wants and will probably sell it for peanuts.

I'm out for now and will wait for a big retrace before I buy again. Risk reward at current market cap is not worth it.

I've cut my holding. I am sorry to say this but Fox is not worth a market cap of £20m. I'm happy to pay a premium after h1 results but I have lost faith in Chris the waffler. This is a £100m market cap company in the making but Chris is not the guy to take us forward. I don't like investing in a co. where management are useless and can't be trusted, period. Good luck all.

If it dips to £10-12m, I'll be buying again.

Esh, what the clown in charge is doing honestly begs belief. The fact we didn't hit over €2.5m is a disgrace to all shareholders. He's investing more into the quarries however, are we able to sell all off it? I honestly don't think so. I think he's lying if I'm honest but he's been doing that for several years now the plonker.

We should be turning over €8m plus this year but I doubt we'll even get to €2.5m. Management need to go as they are thick and clueless.

Chris should be ashamed of himself based on this embarrassment today. He's cost all of us a lot of money due to his incompetence as a CEO. I'd barely consider him in an admin role. So full of sh*te it's unbelievable. I hope a lot off shareholders call him up and kick some sense into him. He's not good enough as a CEO, nms you were right, he's a waffler.

Unv I'm holding off now. We better see significant progress this year. This is the last placing we should be having. Extract and sell our so called high quality marble. I'm really ****ed off with this pathetic update. I could sell more with my network in UK.

Absolutely terrible update. I'm disgusted as a shareholder. Chris needs to step down now. He is not capable of taking this company where it needs to go.

Thanks for sharing guys. I had a look and they do seem to be very busy. Good news Esh if quarry was still going during December.

They also sold around 10500m2 and I've assumed at €70m2. That equates to €735k. So in total we have around €2.1m excluding Indian, China and Turkey orders.

Yep, would be helpful. For me the most critical item this year is extracting more marble from Prilep and Malisheve. Our aspiration should be to extract over 60k tonnes a year. By 2020 if we can get to 60k and then as close as possible to 100k, we would have made superb progress. Remember we can sell 4x current output at Prilep and Malisheve (white and grey marble).

At close to 100k tonnes, Unv's divi will start kicking in. I still think our quarry will be acquired by a big institution so I hope Chris doesn't sell our goldmine.

You are an absolutely right. As Peter Lynch once said, buy shares which aren't heavily owned by ii's. It boils down to frustration if I'm honest. We just want to know where we are for full year. I also want Chris to mention something around our strategy as this will need to be updated this year. Priorities should be:
- increasing quarry output
- turning a profit
- cash flow positive
- more processed orders and increase customer base
- cost management
- additional capital raising for increasing quarry output.

Anything below 40k tonnes for this year will be a failure in my opinion.

Unv, the problem with not announcing anything is that the sp will start to come down. As a LT holder I don't really mind as I want to accumulate a few more at 7.5p ish. Whether it will go that low, is a different story.

I'm liking the last few rns statements and the way in which the organisation is moving forward. Fingers crossed for an excellent 2019.

Still no update, very disappointing from Fox. We'll have to wait several weeks now.

No RNS, but someone must know something. The volume has been excellent over the past few weeks. Esh, I did say the volume would come, ii's can't ignore stocks with this much upside. I'm just glad us private investors have a lot of shares accumulated. It will be hard for them to accumulate given supply will be peanuts, unless the sp rockets.

Blimey, it looks like whatever I'm monitoring you're invested in haha. Demand is there for Luceco, they need to focus on cost control. This is a hidden gem. Long term there is serious upside, unlike Asos.

Indeed and the buys are quite large, which is promising. Let's hope results are good, then we can smash through 10p.

This is starting to feel like a world class marble company. We have an abundance of very high quality marble, which we are selling lower than competition. Factory is up and running and customer base growing. We just need it to translate into financials, as this is what will move the share price.

Oh please, stop the moaning. Brexiteers were fed up of people coming in from anywhere and everywhere. We are paying £billions to the unelected old men in Brussels. The EU is a sinking ship, I hope we get no deal and go to WTO terms. Junker and Co are crooks and we have saved the UK from becoming a sh*tshow.