Member Info for TruroTrader

Some years ago, Kirkham, replied to a question in a Q & A session and said that each reactor could generate around a 1 Mill a year revenue. This may have been before the production tweaks that improved capacity a little. If this is so then 10 Mill a year is a current possibility. He also said that each reactor costs around a 1 Mill and takes a year to order build and commission. So a 2 year 'payback' is on the cards. For me the real proof of the pudding is when we start ordering new reactors and looking for additional premises. My guess is that HDD will at some point be on a continuous growth curve as more and more products come on stream. I can see profits in our next year but also a lot of development nd growth spending in the years ahead.

There maybe a token Divi in a year or two but we may have to wait awhile for anything meaningful. I've been here some 15 years now so a bit longer won't hurt!

Not an exact comparison but stonewalling can be effective in the short term.

TGP and Daniel Levy. 1

SAG and Harry Kane's brother. 0

Whatever the results for lasts years trading are, these 2 top signings in the 1st 2 months of this year should ensure we will continue to grow. I think this current year will cement growth for the longer term future and I see this as the beginning of an inexorable path to becoming a world class company. It's taken time but we are, at last, on the way.

Yes extrader, only 5 weeks to go and it's becoming less likely that even if they sign before the year end the initial payment will miss this year. I feel for Simon - he does his best to be positive within customer constraints and his recent purchase shows he genuinely believes in the contracts.

Its going to be like policemen, buses and bar staff - you wait for ever and three or four come along at once. But boy when they do (and they will!) the sp will climb dramatically initially and will level out to continuous growth because of the high margin coupled with the after sales data contracts. Oh happy days!

Hi Radius. Very succinctly put. Your post seems to cover most of the situation - bearing in mind we know not a lot! Fortunately I'm breaking even so am a little ambivalent. I've been here since Corac in September 2013 - always look to the long-term!!!

I'm happy. The important bit for me is that we continued to invest. This current year is going to reflect that. What a nice chap Lyn is!!

Could be a two edged Sword? Excellent as a customer but not to sure about them bidding for a takeover! However some people say all publicity is good publicity.

Could be a two edged Sword? Excellent as a customer but not to sure about them bidding for a takeover! However some people say all publicity is good publicity.

Fox does have a lack of revenue problem. My guess is that block sales will have to wait till next year because one of the causes of the high freight rates is that the empty containers are not getting back so that they can be re-filled. Apparently it will be a good 6 months for this to be sorted. So the factory sales are our only source of revenue.

In June '20 they announced a 600k contract to be delivered this current year with CC Apartments.
In July '20 they announced a 700k contract with contractors to furnish 20,000 Metres for Poduyeve town square.
In Feb '21 a 2nd further Poduyeve contract was announced. But no value stated. Perhaps part of the original?
In Feb '21 a 190k contract for Kamenica was announced.

So although the situation is serious we are a going concern just. Providing we quarry block over the summer the factory can operate through the winter. Last year the factory was reconfigured to double production and 2 further cutting machines were installed. Is revenue a major problem? well yes. Is it terminal? I don't think so because CG just keeps swinging, It's a quality I admire and I firmly believe he will get us through this. Is it a gamble? Of course it is - t his a start-up company on AIM!

Block sales are the problem. Because the buyer pays the freightage costs I can't see any buyers actually buying until the container freight rates reduce. They are currently around 2 to 4 times the usual rates. That is if you can actually get the containers.

One is entitled to call the company a POS but to be fair, the reason is totally out of Foxes control.

I do hope Foxes legal team don't monitor this Board because if they do they will be running for the hills right now! Especially if they can translate! I wonder if there's a largely Government sponsored/controlled news channel in Kosovo? Couldn't possibly be - could there?

Who ever posted that is pretty desperate. Obviously the Kosovo government will mount a defense, is this part of it? Impossible to evaluate. But why this board? How influential is it? Can't really see the point.

I don't see a lot of recognition here for, in my book, a very smooth and continuous revenue trend. If you look at the figures on the fundamentals tab you will see a remarkable 2 year growth pattern.

Take Year '16 Year to year '18. Then year '17 to '19 and then '18 to '20. In every 2 year period the revenue has grown by over 2.5 times. The average is around 2.7 times. for a young start-up company this is truly impressive and if you extrapolate that it brings big numbers fairly quickly. However we are largely agreed that the company has a huge potential to generate greater revenue in the next 2/3 years and beyond. Add the reducing losses over those 6 years and I don't really have a problem with the day to day ups and downs. I'm just chilling.

Have we just had it?

Sorry - CG every time.

So. A new one post wonder. Hope Dentons and Samuel Wordsworth don't read the post!! They might do runners! While I know the UK press can get it wrong, I have absolute faith in the credibility of the Kosovo press!

To be slightly more serious, if skullduggery is involved who would I trust the most - CG or the previous Kosovo Government?

CG evert time.

Has anybody got a clue re the drop!!??

I'm puzzled. There's been no TR1. So would it not be a new holder or a very, previously, minor one?

Been a little spate over the last couple of days or so - maybe something in the wind? If so could save the 1st half figures!

Airbus approval is a vital, albeit expected, achievement and has had no SP effect. However when we announce production orders we will see a steady and sustained climb because we now have the production facilities to deliver. We're close to break even anyway and so because of our high margin profits will rise quickly. In addition the credibility will attract new customers.
A pound a pop within 2 years! However we will possibly need new reactors and possible new premises PDQ so initial profits will be limited and so will divis but the SP will start to recognise the potential.

Feel very good now - and it only took 15 years!!!

Thanks BrianBone. A lot of useful 'insider' info. Seems to be a lot more complicated than my simple take! Thanks again.