Member Info for Nitbhav06

All holders, I would strongly recommend reading the article below. Our revenue potential from Prilep is going to skyrocket over the next few years. Imagine this is revenue from one quarry and one product (white marble). Strong buy and strong hold.

Unv, we have the quarries but we need to invest so much more to extract commercial quantities. Until we're producing 50-100k tonnes a year, divi will be peanuts. We still need to pay loan notes in 2020. Chris needs to work out a proper strategy to tackle how this company will now triple revenues every year. At the moment we have a factory, acquired Gulf but now shareholders want to see the 70% margins flowing through the p&l. If we do anything below €5m this year, it would be a travesty. If he can't deliver, we need new management as demand is there, all we need to do is control cost and extract every ounce of marble from prilep and malisheve.

Oh and no more stupid announcements on order books. Just imagine if we do 120k processed of white marble, revenues would be €18m! That's only around 10k tonnes. That's where we have to be in 2020. Quadruple output there and malisheve, that's when we become a €150m market cap marble company.

Phili, I think you're miles off with your percentages. If we get 15% next year, it would be a miracle. Remember we need to penetrate this market from scratch as most of revenues are from block. Chris and the team must build customers in UAE and this will take a while to do. The orders so far are quite small so there's no way we'll hit more than 15% processed.

I can't wait for us to get prilep producing 10k tonnes a year. That will equate to revenues of around €7m with a bit of processed.

Unv, we won't see 40% mix in 2019. Remember we are still establishing our customer base in UAE, USA etc. China and India will only take unprocessed because they have cheap labour.

I think we'll do around 15% (best case) in 2019. 2020 imo will transform the company imo. Once we can extract large quantities from Prilep quarry, we will be doing in excess of €10m from that alone. We also own a bigger stake now, due to acquisition of gulf marble. Once we are producing at scale there, I think we'll be a takeover target. White marble is a scarce commodity and just watch our average selling price explode in the coming years. €25bn demand just for white marble in 2025. Cagr growth 15%.

Customers will come because we have a scarce commodity and Italy/Greece is the only other place in the world where the quality is comparable.

Bear, UK economy will outperform EU. That made me chuckle. We've got the worst PM in history in the hot seat. We'll get a terrible deal or no deal. Either way we're screwed.

May will go down in history as the traitor of Great Britain and like Flybe, sink to all time lows. Why anyone would invest in that garbage is beyond me (HH - no rant please).

I'm sitting on cash waiting for sh*t to hit the fan as it will be a good buying opportunities over the next year and a bit.

Oh it's great to have you on board, HH, I do miss the banter. You'll realise this is a good long term play at current market cap. Massive upside over the next few years. I've been very clear I'm in it for the long term. Hope you're put of flybe. It seems to be flying down like Quiz haha.

Over the next few years, this will see a parabolic rise. I can't believe how cheap this share is. If it drops again on Monday I'll be doubling my holding.
Revenue up
Online sales up
International exposure up
Growth strategy in place and more investment into the website. Strong strong buy at these levels.
Solid company but you've got to look long term.

Esh, best way imo is to always look for simple businesses. In the words of Peter Lynch, invest in a simple business because eventually it will be run by an idiot.

Everyone I'm sure has missed the multi-baggers at some point.

Snow looks terrible, based on pictures on instagram. Let's see how we manage with processed orders. Hopefully results soon. I'll be amazed with anything over €2.2m.

Taly thanks for sharing, great to see that Fox are working closely with the Government.

Esh, my numbers are based on Fox selling everything they extract from quarries. In reality, that is not feasible as they'll need to stockpile for Jan-March 19. I'll stick to €2.2m just because it's fox so don't really know where we'll end up.

My average is 33p, hardly what you'd describe as being under water pmsl. Good luck with Asos, I've said my bit on it. The problem with these boards is that of someone has a negative view, they are deemed as talking nonsense. I think Asos is overvalued even at these levels. Remember the price can come down, just as quickly as it's gone up. Who knows I might even buy in if it gets to £15 a share. Not touching it at these levels though. Good luck.

Thanks HH, you still holding overvalued Asos I take it :). I saw the SP today and had a feeling you'd be quite smug. Let's see over the next few years who performs better. I'm backing Quiz.

Happy New year all. I've been running a few calculations and my numbers are pointing to revenue of around €3.3m.

What I've done is taken the total output for H1 which was 5429 tonnes and extrapolated this across 8 months, due to cold winter. So I've got 2700 tonnes * 8 months which gives me total output of 21,600.

I've then taken 21,000 tonnes to allow for potential downtime and taken an average price of €160. This gives me revenues of around €3.3m.

However, this doesn't take into account processed material because we can sell this for €1000+ per m2/tonne. I think we could smash past €3m if we take this into consideration.

Another big assumption is that we've sold everything we've extracted from the quarries. Results will be very interesting! It could go either way!

Dibeg, I don't know what possessed you to enter in at that price? With tech stocks it's literally a punt, most of the time or stupidly high valuations. My nervousness is that the company is valued at £780m and it doesn't have a pe ratio. It can't sustain this share price unless earnings are being generated. Appreciate RPA is talking off but is PRSM worth £780m I doubt it because when competition starts to come in, they will eat into market share. Good luck

HH, sorry I forget you've got a group of people in the know here so you can predict the future. The order pickers are bullish, so buy whatever shares you can. It's only going North because Managers and people at the warehouses said so. This company is run by incompetent people who don't understand and can't control margins. Quiz is a far better buy. The fact that you can't accept views contrary to yours is pathetic but you can't explain to stubborn people. Good luck, I hope you've spent enough time reading up on the financials as they are very poor from my interpretation.

How's everyone feeling about Cakebox, going into 2019? I'm super bullish if we open 2 new stores every month.

Loads, did they also tell you that they are working on 4-5% margins? Did they tell you that they discounted a lot of their products so this will have an adverse impact on margins? This is going South next year, it can't sustain a pe ratio of 23 given the intensity of competition.

Quiz is the place to be for serious upside. I can see it going up to £1.50 next year, and it has a superb balance sheet unlike Asos. The intangible asset valuation is absurd but people like Hereshoping will not accept these simple facts.

Be careful with this one, as it could fall sharply. Oh but the order pickers said we had a great Christmas. They probably also said the share price would go up as well.

Asos is so overvalued it's unbelievable.

I hope so Unv. I'm intrigued to see what the plans are for next year. No excuses now, everything is up and running so time to deliver. If we can do EUR5-6m next year, I'd be delighted.

Key indicators i'm looking out for are as follows:
- How UAE is developing
- Are we penetrating US slabs market, since it accounts for 30% of global processed demand
- Do we have significant uplift in extraction at Prilep and Maleshive, as we can sell 4x current supply
- % processed vs unprocessed
- Further capex spend, if we need it
- First 6-months of revenue (crucial that we see progress)

Good luck all, let's hope we have good news in January.

Merry Xmas. I think we'll be doing £15-20m just from prilep in 3-4 years alone. As Chris says in his interviews he can sell that and grey marble 4x over. This year I think loss of €1m. Not year profit of €2-3m.