Share Name Share Symbol Market Type Share ISIN Share Description
Fox Marble Holdings Plc LSE:FOX London Ordinary Share GB00B7LGG306 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.60 3.50 3.70 3.60 3.60 3.60 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 1.4 -2.3 -1.0 - 8

Fox Marble Share Discussion Threads

Showing 2326 to 2350 of 2650 messages
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DateSubjectAuthorDiscuss
24/10/2018
08:05
Wols, LOL! More of a vacumn chamber!
andy
23/10/2018
18:33
Giid kuck nitbhav - this site is if anything an echo chamber in the opposite way to LSE share chat!
wolstencroft
17/10/2018
11:02
Fully understand Andy. Cumulative total is 3 to 4k so far from the quarry. Expect that to increase with further investment next year imo. Just be patient as this is a long term play.
nitbhav06
17/10/2018
08:08
nitb, So why don't they explain the 'case' in actual numbers? How much marble are they extracting form that quarry, and what will they save by doing this deal? And if the deal is so good for FOX, why did the other side do it? It would help an investor to judge whether they made a good deal or not.
andy
17/10/2018
06:29
Andy the case for buying gulf was to acquire 100% ownership of quarry in Macedonia which produces high quality white marble. We gave up 40% off gross revenue to gulf which we will now see on our top and bottom line. If you don't believe in fox, you shouldn't be holding the stock. I understand your frustration and there have been challenges however, we should start to see movement in the share price over the next few years. I wouldn't be suprised if we are taken over by a large player like Glencore or Kaz minerals. Fox has so much potential.
nitbhav06
16/10/2018
11:03
Astonedt, Sadly, as usual, no real facts and figures to support the investment case for buying out the royalty! No meaningful information in that interview at all, just a rehash of what we already know, IMO. It's so disappointing they don't qualify their investment thesis rather than just waffle.
andy
16/10/2018
10:51
Written Q&A for the DT interview about the Gulf Marble acquisition - http://bit.ly/2QQetxl
astonedt
16/10/2018
08:16
czar, It has taken 6 years longer to bring the factory into production, and despite previous announcements that it is complete, they are still buying equipment! My point about the new deal is they didn't announce the financial benefit of the deal to FOX, which is disappointing as they piled up yet another loan note.
andy
15/10/2018
17:58
N F Luckett ??????
podgyted
14/10/2018
07:00
I agree czar, the most important thing for now is to demonstrate profitability on the p&l. This will bring in new money imo.
nitbhav06
13/10/2018
11:32
I reckon this little company is about to take off, 2 years later than I thought but the sudden interest and the deals struck look good for the future. The world marble market has clearly taken longer to access and the factory has taken longer to bring into production but the Company looks in the best shape it has ever been in and this is a great entry price imho. I'm topping up and looking forward to developments over the next few years, this could be a really good multi bagger.
czar
13/10/2018
08:18
The Prilep quarry is controlled by a local partner who has appointed Fox Marble to operate the quarry on its behalf. Fox Marble will receive 25% of the gross revenue from the sale of all block marble from this quarry, without having to fund the cost of equipping or having to invest in the reopening of the quarry, which has produced white Sivec in the past. Fox Marble will be responsible for the costs associated with extracting the marble from the quarry. Once Fox Marble's production plant is operational, the Company intends to cut and polish the blocks at this facility. https://www.investegate.co.uk/fox-marble-holdings--fox-/rns/acquisition-of-additional-quarry-rights/201307040700075616I/
effortless cool
13/10/2018
07:43
Imo we will see serious upside next year once all the machinery is fully mobilised. We don't rely on Italy whatsoever now so this will reduce cost and increase margins. Our output should increase significantly and revenue will see serious uplift due to product mix (slabs and tiles). If China demand keeps increasing (which I am confident it will) then that's another catalyst for growth as is middle east. Marble market is expected to grow from $52bn to $65bn to 2025. If we were to capture even half a percent, that would equate to revenues of around $350m which is attainable in my view. If PAT is around $100m and pe ratio is 10. That suggests a $1bn market cap. Giving us a share price of around £5 (66x current market cap). It's worth the risk imo. The above doesn't include stone alliance. The potential is clear and I'd rather be in then sitting on the bench waiting.
nitbhav06
12/10/2018
21:25
Dozey3, 40% of what amount of money?
andy
12/10/2018
21:11
Wasn’t the royalty 40%? Which now will not be payable, having been bought out. Seems clear to me, but then my view like Notbhav06 is over the longer term. Success cannot be assured but progress is being made and perpetual negativity from some on this board tends to obscure it.
dozey3
12/10/2018
17:09
Notbhav06, "Fox is a long play" Well we certainly agree there, 6 years and counting so far! What I would have liked to have seen is the financial justification for the deal, I.E what royalties have FOX actually being paying? and what it means moving forward in real money terms. Sadly, as usual, that information was missing.
andy
12/10/2018
16:57
Andy we will see more upside in revenue and profit as our product mix will be slabs and tiles. With 100% ownership in the Macedonian quary we will keep 100% of the gross revenue. Be patient as the upside will show in the next few years. Fox is a long play. Good luck.
nitbhav06
12/10/2018
09:02
hector, Well financials have just been published,and FOX continues to lose money, albeit at a slightly slower rate, so it's hard to see where the "good news" is coming from to drive the price forward. Fox has previously announced orders to companies such as Banyan and Eboracum that have not resulted in actual sales, as how FOX defines and 'order' seems at odds with how other companies define an order. And they are still not selling much finished product, recent orders are for low margin blocks to India and Turkey. I do not see how a chart can "anticipate good news" unless that news is already known and insiders are buying as a result.
andy
11/10/2018
17:21
That is the total mystery of 'charting' - it does seem to anticipate good or bad news to come. The patterns do fail on occasions when companies do not deliver but I have sneaky feeling that this one will work out.
hector108
11/10/2018
17:12
hector, But surely the company has to perform for your chart theory to work? I am totally baffled why the price has risen today on a news release devoid of financial detail on a deal done with a loan note.
andy
11/10/2018
16:34
Have a good look at the chart. If that is not the base of a 'triple bottom' having been worked out over the last 2 years, then I will give up technical analysis. I tried to buy in volume today and simply could not. The implications of this sort of chart pattern are very positive indeed.
hector108
11/10/2018
12:55
htg - Yes - mind was not properly engaged this morning - not enough coffee.
pugugly
11/10/2018
12:24
Do you mean ex broker ?
haroldthegreat
11/10/2018
10:19
Someone buying in largest slugs (imo) available and pushing up the offer. Old Broker?
pugugly
11/10/2018
07:28
Once again they look tapped out financially, and now have another loan note to add to the pile. I notice they didn't say how much the 40% royalty was costing them PA! Without that information shareholders can't assess the deal.
andy
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