RE: Sharetalk3 Feb 2017 12:30
As you say, when revenue starts to flow this will be a lot higher. CG states the order book is 2.9M euro, but the rate of delivery is woeful. They've presumably got all this capacity in the new factory all waiting to swing into action, yet they cant get the polishing line installed in a year!? I'd like to think this is just ineptness but as time goes on i felt it could be worse and pulled out.
The recent 'high end' installations can only be good news, but i'd rather hear of shedloads of average quality marble go to a developer in the costa del sol!
Also, do we believe that this ultra high quality stuff (and presumably, top dollar) is going to sit well with mass markets in India and China?
I'll may be back but not yet...
GLA