Eco Buildings Share Discussion Threads

[effortless cool] 22/8/2023 17:34

53 days into July now, and still no sign of those audited accounts.

I'm sure that all is well, however.

[effortless cool] 14/8/2023 13:18

July - the longest month. We're into day 45 now, and still no sign of those audited accounts.

[pugugly] 11/8/2023 10:22

No news - no update on timing of accounts - 7 weeks of silence - Management owe investors and update - Even if it only bye bye!!

[epicwarlock] 18/7/2023 10:36

Any update on when trading will resume? In the absence of any updates / contract wins from the company, I'd expect the relisting price to be under pressure the longer this delay runs....

[kemche] 30/6/2023 15:36

From a knowledgeable poster elsewhere. Seems to know his onions.


bluerill

Posted in: ECOB

Posts: 1,580

Price: 25.50

No Opinion

RE: Suspension of Shares29 Jun 2023 22:00
PKF are the auditors from the legacy Fox Marble business. Eco are not the first casualty among small cap UK companies of an open secret in the industry: that firms like PKF have severely overbooked business while it remaining understaffed. This has all the hallmarks of such a situation. This is likely wholly on PFK's shoulders and shareholders should not be frightened into thinking otherwise. A couple, three weeks and PFK will have worked through their backlog and we will re-list. No harm, no foul

[epicwarlock] 30/6/2023 10:53

Auditors are late with FY22 prep, so will miss today's deadline and release some time next monthShares will be suspended on Monday as a resultMaybe no biggieThis is a longer term punt anyway.....I personally really like the solutions they offer and unless there is some major flaw in building this way, can see it being super helpful in building quickly and affordably. When I was born less that 50yrs ago, the world population was around 4bn......you do the maths....the world has a housing crisis, not just the UK

[shearluc] 30/6/2023 08:30

I think this is a good entry point, There should be a lot of news flow over the next few months.

[newvest1] 30/6/2023 08:06

Great addition to the Board...Building and Construction Executive of the YearWinner-George BoumoussaCEO and Managing DirectorGJ Building and ContractingGeorge's buzzwords are: fast, efficient andeffective. So, it's no surprise that by its fourthbirthday, GJ Building and Contracting Pty Ltdwas already celebrating more than A$50million worth of projects. And it's upping theante to a target of A$200 million within thenext yearAR#executiveawardsMASERAASECEO

[epicwarlock] 27/6/2023 19:24

My broker wrote to me today to Confirm the FOX preference shares and I see them now showing up in my SIPP alongside the new ECOB ones.If the litigation outcome is anywhere close to the 50m you mentioned, I'll be dancing on the kitchen table. I don't have much hope, but if it comes right it would be my biggest win since getting balls into CHAR at 20p during the GFC and watching it all the way up to 320p (although I was still holding it all minus a bag when it subsequently crashed back down to around 20p......). Should have been sensible and bought a little house, but I was greedy and hoping I'd be a millionaire off it, which could have happened if those billions of barrels had turned out to be useable oil. but I digress...

[christopher logsdon] 27/6/2023 10:35

My understanding is they have one of the best QCs in the business. I hope for 50 million.

[epicwarlock] 23/6/2023 12:40

Hi folks, thought I'd start a thread for ECOB holders

I'm a short-suffering holder, down almost 70% since the FOX reverse takeover.

I like what ECOB offers the market and if they can make good on their prospective order pipeline, I can see this rocketing on the very small free float proportion of share in the market.

Have not given up hope of a settlement in the FOX litigation - the risk reward looked decent at the time, albeit with a very low chance of success (even if the net settlement is EUR5m of the 200 they are asking for, that's equal to a bag of return for us holders of FOX at the relevant date.

Please feel free to share on-topic thoughts and GLA

[epicwarlock] 23/6/2023 12:36

New thread to discuss this holding