Member Info for TruroTrader

Lot of info in the July trading update and also the news items on the website. Worth a look.

It's developing existing technology so not too cash or time consuming. Does any body know the relative merits of us and Alstom? If we don't then we will have to wait and see.

One interesting point for me is the relative compactness of our offering which makes it extremely mobile. All we will need is a long wander lead and we can refuel on the hoof!

Hi NotMuch , I intend to email Fox re this. However the only sales contact I could see on the website for the UK was Beverley at Fox itself. Could you give me a steer please?

I too find it confusing. The only way I know how to tell is if it was my own trade! I think guessing is not really good enough in todays tech driven world.

Hi b2b. I'm glad you're positive. I have to say that I an unclear how chart analysis works but if you're right I just don't care! One day Rodney we will all be millionaires! Well maybe if we actually announce a profit!!

Yes indeed Alocasia, but to be fair this is now a virtually brand new company with an almost foolproof business model. Yes Segal can afford to be very positive now but it was Southern who helped to instigate the changes when things were not so clear cut.

Both boys done good!

Quite right baserite, with an MC of just 7 Mill it matters not a jot. But why is it that when this happens one always remember the drop!

The bid SP is up by some 10% over the last couple of trading days and we've recovered last weeks unexplained drop. Will this rise be explained? Have we got a new contract? Will we get an EU trade deal? Will Argyle get promoted? Gosh it's so exciting!!

Like other companies we're in the strange position of awaiting both Year End '19 and and H1 '20 figures within a few days. It's all a bit up in the air at the moment. I think the only thing that will move this share is for a profit to be reported and perhaps some positive noises about a Divi.

Over 3 years ago our SP was 8/9p - Ah the good old days! We've pretty much trebled our revenue since Dec '16 with a downward effect on the SP - you couldn't make it up! Enough of the growth and expansion already I say!

If we want to promote the SP we have to declare a token Divi. It needn't be expensive and could actually be seen as an advert. It will attract a wider range of both II's and PI's. Mind you - I have said this before! Oh yes I have!

It's strange how things work out. August '19 I sold out because I was concerned about the legal situation and the lack of government support. I pretty much broke even at 8.4 a share. However next month, in September, Fox issued an RNS which gave a bit of background and clarified it was only the Malesheva quarry affected. In September they also announced the appointments of Don Nicolson and Francisco Espinosa . I thought "hang about these seem pretty high powered kind of guys - so what's going on?"

I kept up to date with events because I have a bit of faith in CG and it soon became clear that Fox were in fact progressing quite well and may have reached the point where they were becoming viable. I therefore started re-purchasing and as a bonus at a quarter of what I sold at! There is obviously still a risk but it is now greatly reduced.

My point is that I am now in a far better position than I was last year and it is entirely fortuitous. No real skill involved - just a bit of luck and research. You never know what's around the corner folks!

I might have to start calling this company Pringle! - once you Top you just can't stop! Looking at the MC and the dilution situation I've done a final top up at 2.19p. I now have some 400k which if the shares go to 400 Mill gives me a 1/1000 part of the company. At around a cost of £8k this is easily my biggest proportion of ownership and I'm feeling pretty smug!

One of the reasons for this is CG. I remember some years ago when the factory delivery was delayed he was getting a lot of flak but he just kept going. Perseverance is a big quality. At that time there was also a bit of opaqueness with block orders
and contracts that he was also getting stick about. However, as he said in the presentation, if the block customer doesn't turn up at the quarry you're stuck. Now we have a much stronger and more professional management team he can get on with running the company which I think he's good at.

All good stuff so far. Is there a possibility of breakeven this year? I don't think so but with the bulk of the three existing projects to come next year then if we get another contract or two we could do it.

With high wages being paid for in shares dilution will happen anyway . However share buy-back is a possibility from the current litigation so a bit of mitigation there perhaps. The only other thing we can do is a top-up with the intention of selling into a rising SP at some point and at around 2p a pop it could be a real bargain. However the massive potential of Fox with both the litigation and Stone Alliance to boost things make this a real growth stock.

More immediate is the full year and half year reports due almost simultaneously which must be some sort of record plus of course the possibility of an update on H2 as well! Full year is probably a non-event now as to much water has gone under the bridge but H1 will be interesting and an update on H2 even more so. H1 will be positive I think because of the project sales. As CG said if a block purchaser doesn't re-order you're stuffed while the project contracts are ongoing once started.

Interesting times ahead in my book and activity in several different arrears. Looking forward to the next town square contract.

Excellent. CG was able to show the growth and opportunities available. He was able to look ahead with much more certainty than has often been the case in the past - for those of us who remember the unfortunate delays of a few years ago. Very very pleased I bought back in!!

I can see revenue this year doubling last years with the final sale tranche due in December. Revenue will automatically increase next year with full contribution from this years recent signings. Any new signings between now and year end will contribute to next year as well . The only thing I can see to stop us is a lucrative takeover - which I don't really want.

Can it get any better?

Hi lor_9, What an excellent view point "Buy the rumor - sell the news" Not heard it before but it seems to be spot on here. I've seen other examples in the past. So many times the news is great and nothing happens. From the last 3 months to the 1st of September the SP had doubled! Double your money in 3 months? Makes you think!

Didn't realise we were hiring and don't know how long the post has been advertised for but it seems a fairly specialized position - might take a bit of filling?

While BoD positions and Executive posts are usually announced via RNSs this is R & D. Would we expect an announcement? ed

Re my inability to access the latest mini brochure. I used the c0ntact email form. Go to "Contact & Sales" and scroll to the bottom. Got a reply within a matter of hours apologizing , attaching a PDF and thanking me for bringing it to their attention. It came from 160 Camden High St from Executive Assistant Lydia Knyvett.

I have replied with a thank you for such a positive and efficient service - far better than any other companies I have invested in.

Just re-read the RNS. A little disappointed in the price drop. There have been no outright cancellations just delays which SRT seem to be coping with quite well. Cash position is good and things are in fact moving on.

R & D is ongoing and prebuilding units prior to shipping will cost a bit more here but make life easier for the installation teams and perhaps save costs there as well as air fares and hotel costs. Transceiver business is growing as is the VSP. Can't complain too much as I'm still in profit but just a little frustrated.

To repeat my old refrain - the $64000 question - can we sign new contracts in time to benefit the 2nd half?

Hi pironi, I think it's a combination. 14 new live partners during '19 and 8 new in H1. It was a 1.7 Mill increase over H1'19. 800k from existing partners and 900k from integrations live since June '19. We Added in 6 new games and hence the possibility of really strong growth for the rest of the year.

Very impressive. With the new recent contracts either starting to produce revenue this half or us getting the full benefit over the next four months is there a chance of us doubling our revenue this year? I reckon there is. Exiting to watch!