Member Info for TruroTrader

I don't think the 15 months to June are that relevant now. What will be more important, to me at least, is what's happened since June. It would be marvellous if we reached a milestone payment from the new contract before December but I think that's not achievable - but perhaps by the AGM on the 23rd of Jan?

Hi Champagne - yes it looks like Indonesia to me, especially with the job advert - good find that.

I do appreciate your efforts-many thanks.

Hi Champagne,

Read your link re Indonesia. However I missed any dates about anything starting in it and couldn't see anything re MDA. It's more like a general "look what's going to happen one day" stuff? I've never seen Indonesia mentioned before but there's no reason to suppose it's not Indonesia. Any clarification? Actually trying to start 2 massive contracts at once will be a bit of a challenge anyway! My guess is that Feb/Mar would suit SRT better.

Cheers

I think a lot of info re Nexus has already been released because in the last webcast Simon said they'd received pre- production orders which has never happened before.

We have of course completely missed the boat re the European season (Ged it!) but as our Chandlers are world wide this should be steady growth for years to come.

If the May '23 contract starts in the new year say after the initial milestone payment on the new one is received then the financial situation for SRT is moved to a whole new level. Is it too good to be true!!!!!!!!!!!

Just reread the LOI and it seems pretty clear that it is some sort of interim statement. It mentions previous discussions and the fact that a sample is already on it's way for testing.

I reckon Gamma is going to need three product lines to achieve 2000 houses per year so this a major partnership/ joint venture/collaboration/whatever. There is obviously a long way to go and perhaps many turns in the road but this lays out a route for future including a discussion on a turnkey manufacturing facility in the DR.

Long way to go and lots to sort out but the DR certainly has a need that ECOB can fill. Well done the BoD to reach this level of Government both here and in Chile.

.

Dear Darientaylor , I think you're wrong - after all they install the letter boxes anyway!!!

Hi bluerill, Yes I've said before when told that ECOB will fail as Top Hat did that that poster failed to understand the business model.

Albania, Chile and Dominican Republic can have light touch regulations if needs be. I'm just curious re the cost and construction time of a new production line and which country it needs to be in! Chile is a little spread out but the Dominican Republic is closer to other markets. Interesting times. I've done a small top-up today - feeling quite chipper!

Well yes Radika, I'm well under water. But that's the gamble, you buy shares in an unproven start-up company that makes no profit but does have a USP. What you do then is hope! Still reckon this will come good at some point - not the end of the world if it doesn't. As always, time will tell.

Cheers

Hi Radika, very strange indeed, only 24 trades on the fundamentals page and 55K sold and 86K bought. The last two trades were both buys at 15.29 and 15.39 which is when the price started heading south. Unfortunately with the weekend coming up we've only got tomorrow to find a reason.

Maybe bad news on the Kosovo Arbitration?

CJ66. Not too sure what you meant by "clearly wanting to exclude small shareholders". How can the company do that?

I'm a small shareholder and I bought on the open market on the 15th and am in 5% profit already. In fact once you list on any market you have little or no control over who can buy.

Quite right Jurado, and also there is a contract waiting to start at $180 Dollars signed in May '23 that has the funding held up by the UKEF.

Released as Reach RNS No 7960L. The Dominican Republic Housing Minister, and other dignitaries, inspected our Albanian manufacturing facility. They are interested in providing social housing for the Republic in large volumes. There is an expected update in the near future on this.

If this is added to the Chilean update of the shipping of 3 social houses for evaluation then all of a sudden we're poised to expand. Both of these initiatives may well result in manufacturing in South America in multiple countries.

I'm sure John, nobby10 and one or two others are very pleased that they were wrong!!!

Hallo Black Knight. I think these are the new markets that you were not to sure about in your post of the 31st October - didn't take long did it ?!!!

Hi bluerill, Agree with your view about company engagement but I don't do X. However I do find that since the readmission ECOB have been quite good with meaningful RNSs. The latest being a good example. Once the product is shipped that's definite positive stage reached. I wonder if the payment for this is part of the expected £1 Mill revenue or is a bonus on top - probably allowed for I guess.

I guess there's a bit of a training exercise to achieve the actual construction but it bodes well for next year. The only question I have is the cost of installing a second production line and how long it takes. Would be great if it could be self funded.

Apologies. The above post was for Black knight 7

Your post on the 31st of October. You denigrated the modular housing market and said that modular housings firms such as Top Hat and Berkley homes had "thrown in the towel" Not so. Top Hat have said they will send me details of a Modular garden Office if I wish and Berkley Homes has a share price of £4,344.00 at midday today.

Could you be more precise please?

Well the good news keeps on coming. This is a real step up in the manufacturing process. Some government contracts can take a while to make payments - lets hope It's COD! If this initiative does take off It's a pretty strong new string to our bow and could be a real money-spinner.

Onwards and upwards folks.

Yes Hardboy, over subscription guaranteed. I do dislike this situation because you can increase your application expecting to be only allocated a part of your bid but still need to be prepared to pay for more shares than you actually wanted.

It should be possible to be granted a number of shares based pro-rata on your actual holding but shares are held in a number of different ways so might not be practical. I suppose there may also be holders who no not want to increase their holdings anyway. Ho Hum time will tell.

You actually mentioned 3. An MC of $100 mill is indeed significant. It may well be that their business model was similar to Huf Hous. (I've looked up the spelling) and provided a comprehensive bespoke, and expensive service. ECOB is totally different in that we only supply the walls. Simple and and very cost effective.

Hi Black-Knight7. There is modular housing that supplies every thing. A successful example is ' Hof House ' a German company that has featured on Grand Designs. It is high end and expensive. Very efficient and a very quick build on site. They will supply everything needed, including trades people, to make a house liveable, even down to supplying art work and ornaments if required. You will make several trips to Germany to finalise everything.

ECOB does not do that - it is totally different. It is cheap and quick to only supply wall panels with associated flooring and roofing panels. The business model is totally different. I think that ECOB helps to assemble the basic panels they supply on site but the rest of it is down to the builders themselves. This is simple and basic stuff. Not a lot to go wrong. Apparently the one production line they now have can supply the walls for some 700 plus houses per year. The last three RNS's offer an insight.

I don't know where the companies you mention were on the scale of things but my guess is much closer to Hof House than ECOB.