Member Info for unvrkw

The case for obvious reasons is outside of Kosovo, no different it probably is for most companies in any country. Whether Kosovo agree out of court or agree to pay a settlement if that is the outcome I have no idea. I assume legally every country signs up to this process in law so it’s hard for them to argue against or in fact impossible once a decision is final. It’s not criminal is civil, would expect even to save lawyer fees that this goes so far and if the case strong enough it’s settled

Well we shall see, I think the same people said there would be no case, be no lawyer, be no support and no challenge at all so we’ve moved forward.

Same people said company would be bust on loan notes which then got rephrased to 2026

Same people who said they’d simply go bust for no orders and whilst this may still happen it hasn’t as yet.

One way or another someone or groups are still quite willing to back this company. It’s not the Kosovo government that decide the outcome of this case but an impartial group so whether they then pay is a totally different matter.

They hire dentons which are now slatted, six weeks ago is was going to be no one.

Gla, happy new year,

Good update in new year and confirmation of the remaining divi will help the sp along

I’m not thinking covid in regards the factory more restrictions from country to country and wider lockdowns that mean businesses aren’t selling, buying, building with materials that fox sells. The business itself will manage covid more does the demand dry up

Nice one, like the comment. Interesting point and question that. I’m not retired but actually gone far more defensive and income based last six weeks. Taken a lot of the risk off the table into selection of income funds. It’s all in isa and sipp so tax free bar the Swiss aspect!!

So good thinking, observation. It’s been a very interesting year overall amongst the problems of course has been then the chance to do well, covid the obvious answer

Nice and large buy which helped the sp up yesterday afternoon. Unusual territory for fox shareholders that others have bought in however we’ve seen the litigation potential alongside a business that can start delivering more high margin marble. At this stage I still think covid is the biggest short term restriction

The court cases and appeals against the majority share holder are all finished and dropped, there is no legal cases outstanding which upped the sp from around £1.90.

Expectation this year is £5+, iron ore is through the roof, costs down as driven by oil and special divi announced next week probably payable by feb and then this leads into next divi. Granted Swiss tax but it gives a little more security around the business and of course do your own research, gla happy new year

I’m holding Aviva

only challenge with too much in a stock like this is ability to sell in reasonable volumes if necessary but i take that as the risk associated with divi potential and sp growth.

looked at the shares the company has invested in and then like pires looked into what they have also invested within. i like the link with capital arranging arm, the warrants this generates in other businesses and we all know how investment arms make a fortune out of this on other junior exchange businesses.

fxpo, one of the best growth and divi stories to come and has already started. divi announcement next week and expected to be very high as iron ore prices increases. i hold AV, will see out for divi, watch the sp and decide when i break even hopefully soon.

have to wait for better volumes in the new year as everyone comes back. sometimes i find especially on low volume traded shares you can get a good upswing, fxpo i think will trend up but maybe needs larger volumes from next week.

may get the divi update on the 4th, first day back which means there might be a few join beforehand

Looking ok like a lot of the market, covid connections seem to be doing ok. Financials struggling due to Brexit and lack of clarity on what this means to banks and access to EU?

I don’t know what difference this matters, if you like and believe in the share you invest if you don’t you look for something else. With AIM if experienced both extremes. Long term investment turning to nothing abc delisted alongside long term investment increasing in price five fold and setting me up. Each to there own, fox is in the category of doing either still

Well we obviously don’t think we are going down in sp so let’s see. I’m sure it will be fine!

Comes down to being able to prove the value in the quarries involved, value of what they are worth and what they will be worth which then links to evidence demonstrating this loss in value and case won or not.

These I guess are the fundamental questions of the case that need to be demonstrated. The €195 million is obviously maxed out amount if everything was and had been perfect, discounted hugely based on reality check, out of court and what value is true

I think anything around €20 million would be good and bonus, they don’t need an amount for perfection, they need an amount to pay debts, open quarries and new ones also for the future. This case isn’t about a one off payment and everything then closed, this is a payment to help get things going more.

The price has continued to firm and stay strong all the way upto the 25th. Looking good

Certainly a lot of momentum in iron ore and the failure of the dam at the Vale site in Brazil closing down the works will have had a huge impact

The CEBR says China is expected to average economic growth of 5.7% a year from 2021 to 2025 before slowing to 4.5% a year from 2026 to 2030.

Might squeeze £3 this morning with a bit more overall exchange momentum which is coming no doubt. Expect through Xmas and early new year to now be very good

Yes could do, if Brexit is confirmed this morning. I think the markets close 1230 so not as long to increase but a Santa rally now between Christmas and new year then into some of January as they catch back up after significant discount over many months.

I sold my Barclays last week due to latest on covid so lost out there, did reinvest but in unit funds so I’ll get some gain but not as much, decided a little more defensive share portfolio for nee year is needed.

Yep just the two of us but that’s fine. I own odx shares, years on no posts and now it’s 300 plus a day easily, becomes too much so I hardly venture there anymore.

Good news they suspect on Brexit at 7pm, appreciate this share doesn’t need a deal but it will no doubt help it push upwards of the overall uk exchanges do. Ftse is a huge discount to other global exchanges.