Fox Marble Share Discussion Threads

[wolstencroft] 28/2/2017 07:31

I think someone mentioned Eboracum was dormant: Here is Companies House confirmation:


Registered office address
Thieme & Co, 18 Thorne Road, Doncaster, South Yorkshire, DN1 2HS

Company status
Active

Company type
Private limited Company

Incorporated on
22 October 2015

Accounts

First accounts made up to 31 October 2016
due by 22 July 2017
Confirmation statement

Next statement date 21 October 2017
due by 4 November 2017

Last statement dated 21 October 2016
Nature of business (SIC)

99999 - Dormant Company


Wonder what positive spin Tom will put on this? Been working so hard selling marble they've all fallen asleep?

[petewy] 21/2/2017 09:17

Agreed Nashwan. More new and contracts. I'm out until then

[andy] 20/2/2017 09:01

nashwan,

That would not surprise me either!

It's actual sales as opposed to "orders" that are the main issue here, and sadly the Indian order is for unprocessed marble, which they have stated has a much lower margin.

In presentations they always state that the big bucks are in the actual processing.

[nashwan123] 20/2/2017 08:41

Andy

Sorry I'm unable to answer your questions. I do get a feeling this duck/swan has been paddling away below water(marketing/securing contracts and leads) the last 12 months.
If/when more contracts are announced then market cap will look even cheaper.
One slight nag I have is that they might tap the market for more money in the next few months.

[andy] 19/2/2017 23:28

nshwan,

Wow up to £20 million market cap.

How much profit do you think they will make in 2017?

Do you know what the margins are in their Indian deal?

[nashwan123] 19/2/2017 23:02

A reminder of business and current prospects.

hxxp://tiptv.co.uk/deal-indias-mahadev-boost-cash-flow-fox-marble/

[nashwan123] 14/2/2017 10:09

FOX now looking a great prospect with more contracts in the pipeline and up 5% today.

[nashwan123] 13/2/2017 16:22

Auction at 1pm caused by large buy.Now up nearly 10% and more to come.

[dhlindy1] 13/2/2017 16:12

And it's getting more interesting as we chat. Up 10%

[dhlindy1] 13/2/2017 15:51

Not sure I can describe this one as fun but it is certainly an interesting ride!

[wolstencroft] 13/2/2017 15:13

Good luck dhlindy1. I'm here because of what I found out about Eboracum, Scott, Jigsaw and Banyan, just for fun really and I really know I should spend my time investigating shares I'm going to invest in! Neither long nor short.

[dhlindy1] 13/2/2017 14:21

Andy: I agree everyone has a right to post here and I don`t like or dislike ECs posts. My comment was that I was unclear as to why EC was on this particular board.

Given his posted comments such as:

"it is a probable basket case" and "you need your head examined if you buy these"

it would seem reasonable to think that EC is not invested, he has declared that he is not short.

That leaves us with that rare thing a purely academic interest that happens to have landed on Fox Marble!

Wolstencroft: I am on here because I have invested. I know it comes with risk. I have tried to evaluate that risk by visiting Kosovo and viewing two quarries and the factory, where I saw marble being cut. I did so against a background of folks suggesting that the factory did`t even exist.

EC has said why he is on the board so I`ll accept it as stated

GLA

[nashwan123] 13/2/2017 13:53

MMs pushed up buying price today and now in Periodic auction call.

[czar] 13/2/2017 13:19

EC thanks I'll take a look.

[czar] 13/2/2017 12:02

Effortless Cool may I reserve the right to tease those that did not see the massive potential here. From sub 8p to 10.75 in a few weeks for a 35% gain. not a bad start but much much more to come imho. Well done to those who had the foresight to invest recently. Incidentally what is your best holding with a view to massive capital gains this year?

[nashwan123] 13/2/2017 08:04

Delayed trades of just under 500k reported from Friday justgone through. Nice start if a few more go through.

[investment dave] 12/2/2017 21:33

Maybe that's why CEO on IG tv

[andy] 11/2/2017 10:29

czar,

If you valued mining companies on assets in the ground, at full price, they would ALL be 'undervalued'!

Sadly you have to take into account such things as costs to produce, profit margin, management salaries and overheads, listing costs, and the ability of the management to achieve sales!

At the rate FOX are currently selling, it is going to take millions of years to sell their assets! :-)

[czar] 11/2/2017 09:02

Market cap is ridiculously low for a company that has €60 billion of assets!

[hamidahamida] 11/2/2017 08:40

M/cap is bit high at £17 million for a company that has so far only delivered dangling carrots to justify that kind of market cap you should be making at least £1 million profit

[hamidahamida] 11/2/2017 08:36

Short on cash I reckon placing coming soon

[effortless cool] 10/2/2017 20:38

czar,

I'm not short - too difficult and dangerous with microcaps.

With FOX, I simply do not trust the management, and it is uninvestable as a long for me, as a consequence.

I wish you luck too, but reserve my right to tease longs in the meantime.