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Even a few of our detractors have now come around
Fox Marble (FOX) has announced it has raised approximately £400,000 by way of a convertible at 6p per share, 5 year, loan note at a 2% per year interest rate deferred for 2 years… though not for its current marble quarrying and processing business in Kosovo and the Balkans. Instead it is to provide a 2% per annum interest loan facility to a recently incorporated English private company focused on buildings made from glass fibre reinforced gypsum modular sections. However, there is far more to this move.
I am just so tired and, needless to say, the carpenter has not done his work. But snake-repellent canisters have been put out. More on that later. Today, I chat about: EasyJet (EZJ); Fox Marble (FOX); Bluebird Merchant Ventures (BMV); and Vast Resources (VAST).
Fox Marble (FOX) has recently announced a fundraising and that it is “optimistic that 2022 will prove to be a turning point for the company”. Bothstatements have akind of familiar ring to them but are there solid grounds for optimism now?
Fox Marble (FOX) has announced half-year results and on its United Nations Commission on International Trade (UNCITRAL) arbitration proceedings against the Republic of Kosovo that it is “pleased to receive Mr Wordsworth QC’s opinion in support of our case”.
Fox Marble (FOX) has announced a new order “to deliver cut and finished paving tiles for installation in the first stage of the redevelopment of the town square in Kamenica, eastern Kosovo” and that it looks forward to updating the market as it continues to win more new business this year. So what’s the detail and outlook her
Remember that Fox Marble (FOX) is now fully funded to pursue a legal claim against the Republic of Kosovo for – under a previous regime – allowing one of its mines to be half inched. Legal giants Dentons were already on board now it has hired top barrister Simon Nesbitt QC from the Maitland Chambers to argue its case.
Fox Marble (FOX) has announced an operating update on a tough 2020 but that it is starting to see some green shoots of recovery. The buy case is intact…
And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Chris Gilbert of Fox Marble (FOX) and Dr Doom David Scott. I discuss averaging down and after news this week Fox is a care case where that is justified. This will – as I explain in thde show – be a multibagger from here. Meanwhile Dr Doom is now a bull. we discuss shares, bonds, real estate, bitcoin and gold in a must listen to interview. Then there are a few thoughts on companies you must NOT own, including Powerhouse Energy (PHE).You can access the show HERE
First I start with Joshua’s Advent calendar and the appearance of the star. Then who is to be my Christmas carol villain of the year then it has to be Welsh First Minister Mark Drakeford who today has just gone complelely bonkers as I describe HERE. Then I look at Vin Murria’s Summerway Capital (SWC) and explain why you are not too late even at 1.65p. then a look at AFC Energy (AFC) and my new policy on dealing with abusive trolls. I discuss Fox Marble (FOX) and averaging down and then the scandal that is Remote Monitoring Systems (RMS) gets even worse. Surely the Oxymorons must investigate.
And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Chris Gilbert the boss of Fox Marble followed by me explaining why, though I am 80% down, I am sure Fox will multibag from here. Then a very long – and very funny – session with Zak Mir with his top share tip among London small caps, his view on the markets, the real economy and discussions on Supply@ME Capital (SYME), Eurasia Mining (EUA) & the lies of both, on Big Dish (DISH) and more. Finally it is me onSupply’s lies again and also on why Trainline (TRN) miust surely see a share price collapse. You can access the show HERE
But hasn’t marble quarrier in Kosovo and the Balkans Fox Marble (FOX) been a long-term disappointer now? Well yes… but we suggest recently announced depressed half-year numbers but recovery signs could mean a material and rapid recovery from a now depressed £6.5 million market cap…
Saturday July 18 is just a day away and is the day of what will be the UK’s biggest mining shares show of the year – MineProphets.com. Fear not there are no issues with social distancing – this show is all online but it is also interactive. This is your chance to quiz experts, tipsters and CEOs on the spot, live in dedicated chat rooms as well as watching me quiz them all in, incredibly detailed, video presentations. You can book your seat which gives you access to all the content for six months HERE.
On Saturday 18th July anyone serious about mining stocks will be tuning in to MineProphets. The conference will last all day but the, more than 30 videos will stay up until just after Christmas. Tipsters, CEO and a swathe of mining gurus and experts will be presenting and most of those who do present will also be there on the day to chat to attendees in dedicated chat rooms. And already I have one stock I am almost certain to buy
Is now the time to buy gold aggressively or has that shipped sailed? What about silver, uranium, rare earths. We have assembled a panel of true experts ready to present to you on how to make money from mining stocks and all will present at MineProphets.com on July 18. You can book your seat HERE.
Firstly the links. For reasons discussed, if you are not registered with Primary Bid register for free now HERE. Secondly we are at 33% help us to save Woodlarks donate HERE. Heck even daughter Olaf has dipped into her vodka funds to donate. In the podcast I look at IWG (IWG), Pathfinder Minerals (PFP), Cineworld (CINE), Bidstack (BIDS), Fox Marble (FOX) and, sorry Jim, Condor Gold (CNR). I also look at the "wisdom" of appointing a Chief Diversity Officer.
We are now at almost 33% of the way to our Rogue Bloggers (well just me) for Woodlarks target. Today I do 11 laps of the fields here in a training walk, so please donate ahead of that ordeal HERE. In the podcast I discuss Gervais Williams, Avacta (AVCT), Novacyt (NCYT), Supply@ME Capital (SYME), Amur Minerals (AMC) and Fox Marble (FOX), with whom I am very cross indeed. I also look at British Land (BLND) which I inadvertently refer to as Land Securities (LAND) in the podcast and commercial property in general.
Yes, the Mrs and Joshua broke lockdown to go see the mother-in-law. Naturally I was keen to join them but gave two reasons why I could not. On that matter the Government has no strategy that works for ending the chaos it created. It is a shambles. I explain what all the fuss is about at Fox Marble (FOX) - you can see for yourself HERE. Then look at San Leon (SLE), Kefi (KEFI), Mosman (MSMN) and Bidstack (BIDS). The moral of the tale, swot up on your show videos tonight HERE.
It looks like the cash that I did not realise until a few months ago I had, will finally arrive in my SIPP this week. so where will I invest it? I discuss my outlook for equities in general, what I shall avoid and then Optibiotix (OPTI). R4E (R4E), Imperial Brands (IMB), Centamin (CEY), Tesco (TSCO), BP (BP.), Shell (RDSB), Wishbone Gold (WSBN) Red Rock (RRR) and Fox Marble (FOX).
Updating on Fox Marble (FOX) earlier this month, we noted we retain the patience for at least continuing to hold with the shares at 2.30p with the potential arbitration and it mitigating a forced quarry operations suspension with increased focus on the sales of processed material from the factory and “further contracts for third party processing are expected to be signed in the near future”. Further updates have now helped the shares to a current 2.90p…
Fox Marble (FOX) “is pleased to announce that as a result of rising client demand the company's factory at Lipjan in Kosovo has moved to two daily production shifts”…
Updating on Fox Marble (FOX) last month we noted enforceability of acquisition agreements challenged – though it believing the claims to be wholly unfounded. It now re-emphasises this “based on legal advice”, though “has suspended operations in its Malesheva quarry in Kosovo pending a resolution to the dispute”…
Fox Marble (FOX) “is pleased to announce it has entered into a new sales agreement with a customer based in China”…
Previously writing on Fox Marble (FOX), earlier this month we noted operational momentum with its biggest single order for Alexandrian White marble. Now the company “is pleased to announce the largest single order of its highly prized Illirico Selene marble from the Maleshevë quarry in Kosovo”…
I start with a discussion of the gender pay gap in football and why it is so much hogwash. Then I look at Neil Woodford and the useless FCA. Then I cover two stocks I own, Fox Marble (FOX) and Venn Life (VENN), and two which I don't Ted Baker (TED) and then a long term target of mine MPorium (MPM), a tale of AIM woe.
Fox Marble (FOX) “is pleased to announce that it has conditionally acquired Green Power Sh.p.k the licence holder of the Maleshevë quarry and Scope Sh.p.k., a company through which Fox Marble has entered into two hire purchase agreements”…
In this podcast I look at the growing mini bond scandal as I flag up another ponzi waiting to collapse today HERE. Then I do a review of my own bull portfolio: Optibiotix (OPTI), Yourgene (YGEN), Concepta (CPT), Big Sofa (BST), Wishbone (WSBN), Kefi (KEFI), Reach4Entertainment (R4E), Falanx (FLX), Fox Marble (FOX), Berkeley Energia (BKY) and Argo Blockchain (ARB). I did not mention Fox in the podcast so I'll do a seperate update later. Finally: why have you not joined the roll call of heros HERE? I say a few extra fucktards on that count.
Fox Marble (FOX) “is pleased to announce the resumption of production after the usual winter shut down in our Prilep quarry in Northern Macedonia” – and with the deployment of additional equipment and a new customer…
I told you on November 8 that shares in Accesso (ACSO) would halve as I published a major short dossier. Oh how my critics laughed and scoffed for they all know better. Well it has not taken long for it to be ouzo time and vindication again at Sheriff of AIM Towers. I discuss DP Poland (DPP), Fox Marble (FOX) and a shameful ramp by a pig ignorant mother called Blue Horseshoe on Brokerman Dan's website, that is to say Dev Clever (DEV)
A “New Material and Orders” announcement from Fox Marble (FOX), emphasising “Commercial extraction commenced of Alexandrian Blue marble from Prilep Quarry. 441 tonne order of Alexandrian Blue completed and paid in December 2018. Sales agreement entered into with an indicative value in excess of €1 million”...
The regvular bearcast will appear later. In this podcast I cover Optibiotix (OPTI), Yourgene (YGEN), Wishbone (WSBN), Falanx (FLX), Concepta (CPT), Big Sofa (BST), Red Rock Resources (RRR), Reach4Entertainment (R4E), Obtala (OBT), Ariana (AAU), Wandisco (WAND), Fox Marble (FOX), Argo Blockchain (aaaaaaaaaaaaaaaaaaaaaaagh) and Kefi (KEFI)
Fox Marble (FOX) has announced the acquisition of its joint venture partner based at the Prilep Alpha Quarry, Macedonia and “look forward to seeing the benefits of our increased participation in the Prilep Alpha quarry feeding through to the bottom line going forward”. Hear, hear!...
Fox Marble (FOX) has announced results for the first half of 2018 and that “the board is positive about the outlook for the company for the remainder of this year and into 2019”…
Fox Marble (FOX) has updated on the first half of 2018 and that “as we move into the second half of the year our focus will remain on capitalising on growth, increasing our capacity and enhancing our product range in order to strengthen our position in the market”…
Kosovo and the Balkans region marble quarrier Fox Marble (FOX) has announced 2017 results, including that “sales have been lower than expected” but that it “has made important progress over the year… Our factory in Kosovo is now fully operational, we have entered into a number of promising sales agreements, and we are beginning to see momentum building in the demand for our marble”…
Fox Marble (FOX) has announced new installations in its marble processing factory in Kosovo to “provide additional capacity to meet increased order flow and improve margins”.
I knew about this. I was an insider as well as a loyal shareholder. And for that reason I declined to make Fox Marble (FOX) one of my tips of the year. Otherwise I would have been sorely tempted. 2018 may well be the year of the Fox.
Fox Marble (FOX) has announced that it has received an unsecured loan of £500,000 from Roy Harrison OBE, a non-executive director of the Company - The interest rate is a very reasonable 5% and the loan can - and will - be repaid within two years.
Fox Marble (FOX) has announced “an important new sales channel for the company into the United States” and further sales under a previously announced agreement to Turkey. Good news on the Turkey front this Thanksgiving..
At the end of last month we noted from marble quarrier in Kosovo and the Balkans region Fox Marble (FOX), with the shares then down to circa 7p, disappointing interim financials but some reasons for optimism. The company has now since followed a $500,000 receipt from a sales agreement with a “First consignment of marble to Marble Dino” announcement...
A piece of good news is posted by our friends in Kosovo, Fox Marble (FOX). It says that the advance payment of $500,000 it was promised by OM Enterprises , a leading tile manufacturer and distributor based in Calcutta has arrived. This is part of a deal announced on the 28 September 2017 when OM Enterprises agreed, to purchase 5,000 tonnes of material over three years. As part of the agreement, OM committed to a $500,000 advance payment.
Marble quarrier in Kosovo and the Balkans region, Fox Marble (FOX) has announced results for the first half of 2017, including “we have reduced the estimate of the amount of our order book we expect to realise in 2017”, but that “the board is positive about the outlook for the company for the remainder of this year and into 2018”. it is a mixed bag from a company that has missed targets far too often. So I can understand why some investors are saying that enough is enough and why the shares have slipped to 6.75p-7.5p. But
Shares in Fox Marble (FOX) fell by almost 10% to 8.25p-8.5p on the back of news that it had appointed Beaufort Securities, Belfort Secs to its legion of admirers, as the company's joint broker. The assumption is that Belfort, whose clients are mainly bucket shops, will be doing a discounted placing. that is not the case, Fox has enough cash to get it through to profitability but Belfort's reputation proceeds it. Fox has gone on the record to say there is no placing.
It was a case of the good, the bad and the ugly but on balance there were a lot more goods than bads. Let's start with the ugly from the Fox Marble (FOX) AGM..
Fox Marble (FOX) has announced its Preliminary Results for the year ended 31 December 2016. The company reported a loss of €2.76 million on sales of €0.80 million, compared to a loss of €3.03 million and €0.23 million respectively. in 2015. So far so bad. But...
In this video from the storming success that was the 2017 UK Investor Show Chris Gilbert, CEO of Fox Marble (FOX), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
There were many who worried and sold. Oh ye of little faith, at long last Fox Marble (FOX) is starting to deliver real sales. We had news last week of a $300,000 order in the UK and Australia now there is a really big deal that has been announced.
Just a quick note following a “New Orders and Specifications” announcement from Fox Marble(FOX). Yes this is an upbeat statement. It had to happen one day!
I have been alerted by various folk to the fact that a Fox Marble (FOX) customer Eboracum Marble has a First Gazette notice out against it which, according to the knockers, means it is going bust/is a fraud and that Fox will issue a profits warning. This has seen the shares drift to 7.75p. Sometimes before you hit the sell button it pays to make a few phone calls. Which is why you should buy the shares today.
Nomad Cairn has not resigned as adviser to Cloudtag (CTAG) even though it has lied to investors on a serial basis and committed Securities fraud. Cairn's reputation is thus in tatters. It thus begs the question of how any of its other clients are frauds, how many are simply not investment grade material and how many of the few good clients will want to be associated with the disgraced Nomad for much longer as it will not help their share prices to be linked to this rotten, stinking adviser. The clients are listed below by AIM or ISDX category.
Another day, another disappointing update from Balkans region quarrier Fox Marble (FOX) – with “the conversion of orders into delivered sales has taken longer than anticipated… leaving our estimated sales number for full year 2016 lower than expected”. We’ve now spoken to CEO Chris Gilbert.
I have loaded the photos of pressing the olives from the Greek Hovel HERE. There may not be a bearcast tomorrow as I am about to start travelling soon. Today I look at LGO Energy (LGO), Milestone Group (MSG) and its CEO Deborah White who has committed market abuse and should be fired, Strat Aero (AERO), Fox Marble (FOX), Golden Saint (GSR) where I suggest a rule change is needed at AIM to deal with share dumping parasites like PR genius Steffi, and Proxama (PROX).
Having asked for readers tips for 2016 for the amazing prize of lunch or dinner with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance with the competition now into its final month (to be eligible needed to have selected a buy & sell pick and those to be listed on the LSE or on the AIM Casino)...
Having asked for readers tips for 2016 for the amazing prize of lunch or dinner with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected a buy & sell pick and those to be listed on the LSE or on the AIM Casino)...
Kosovo and the Balkans region-focused marble company, Fox Marble (FOX) has announced participation in a “landmark venture formed with the Kosovo Government” aiming at “a world class new stone industry for Kosovo” and “a much wider marketing, sales and distribution platform” for Fox…
Having asked for readers tips for 2016 for the amazing prize of lunch or dinner with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected a buy & sell pick and those to be listed on the LSE or on the AIM Casino)...
Fox Marble (FOX) has announced results for the first half of 2016 – including admitted “disappointing” revenue of €0.262 million, but that the “board is positive about the outlook for the company for the remainder of this year and into 2017”.
Having asked for readers tips for 2016 for the amazing prize of lunch or dinner with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected a buy & sell pick and those to be listed on the LSE or on the AIM Casino)...
There are folks out there determined to suggest that something is not qu9ite right with Fox Marble (FOX). In one sense they are correct, Fox has missed a stack of targets. We know that and it is well and truly "in the price". The conspiracists quite simply maintain that Fox is built on smoke & mirrors. They are - I believe - wrong but their war on Fox has left the shares very cheap indeed.
The Star Wars imagery should tell you that this is Tom writing not Steve. The series of movies will be my specialist subject if I ever go on Mastermind. Enough geekery, you want to know about marble not that I am losing my marbles.Another day and another operational update from Fox Marble (FOX) sees, on balance, more good news than bad. We will get full interims for the half calendar year by the end of September but the trading update is full. Let's start with the bad.
We start with Boxhill (BOX) chaired by Lord Razzall who still refuses to answer 10 questions from Cynical Bear. The company has now gone legal. It is utterly uninvestable. Then I look at Wandisco (WAND) - which schmucks backed its placing today? I also cover FastJet (FJET), Fox Marble (FOX) and Nighthawk (HAWK)
Having previously warned, calendar year 2015 results from Fox Marble (FOX) are unsurprisingly “disappointing”, though the Kosovo and Macedonia quarrier emphasises that it is now“seeing the results of our efforts in establishing our product in key marketplaces throughout the world and the benefit or having our marble actually installed in developments”.
Fox Marble (FOX) has announced that its “order book has increased to €3.9 million for the year” and developments offering further potential.
The first Dragon's Den session at UK Investor Show saw myself, Gary Newman and Steve Moore each invest £1000 via our broker European Wealth in 3 stocks. Our choice of pitching CEOs were from Noricum Gold (NMG), Fox Marble (FOX), Nostra Terra (NTOG) and Eurasia Mining (EUA)
This presentation has been somewhat overtaken by events - something Steve & I cover HERE - but Chris Gilbert gives a good explanation of the investment case none the less. Enjoy.
Kosovo and Macedonia quarrier Fox Marble (FOX) has announced financing developments – including a conditional £2 million gross placing at 10p per share and we took part in a small way. The funding is:
At UK Investor Show we ran five Dragon's Den sessions where five CEOs each gave a five minute pitch and three Dragon's each picked one stock in which FIML invested £1,000 via our most excellent broker J Herbert Esq at European Wealth. And so £15,000 was invested on Tuesday Morning. Steve will track this portfolio over the year with each Dragon at liberty to place a sell order at any time. And so this is what we bought.
Having asked for readers tips for 2016 for the amazing prize of lunch or dinner with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected a buy & sell pick and those to be listed on the LSE or on the AIM Casino)...
Shares in marble quarry company Fox Marble (FOX) are continuing something of a recovery having fallen towards 10p early this month, with some further momentum now being provided by an update including that commissioning and opening of the company’s factory in Kosovo “is anticipated by the middle of the year”.
Fox Marble (FOX) has announced that a payment of €390,000 from Eboracum Limited will shortly be sent to the company as part payment of the €2 million order announced last year. This is good news and bad.
Fox Marble (FOX) has updated that 2015 reported sales are expected to be around a self-declared “disappointing” €230,000, but that the outlook for 2016 is much more promising indeed. And that is why the shares are a buy. This has been a poor share tip to date but now is a time to average down big time.
And the next presentation is by Chris Gilbert of Fox Marble (FOX), shares in which I rate as a buy - it will come good in the end. Enjoy
It I all very well sitting in my garage in Bristol or in the Greek Hovel writing about companies but it would be fascinating to actually go visit a few of them on the ground with a video camera in hand to report from the coalface. Right now that is not an option for personal reasons you know too well but next year I’ll need to clear my head and already two road trips are sort of planned.
Fox Marble (FOX) has announced results for the first half of 2015 and that, whilst frustrated by operational setbacks experienced, remains “confident of fulfilling our plans”.
Although the percentage trade as far as shares of Fox Marble (FOX) have been concerned over the past 3 years has been to assume that the 15p – 25p range will remain intact, today’s Bull Call Of The Day is fighting the odds in order to suggest the big breakout is finally upon us.
It is almost time for the "placing song" but not quite. In this podcast I look at Fox Marble, Coms, Image Scan (in detail), Blur and Tethys. Warning strong language used in connection with the total POS that used to do PR for Image Scan, itself a total POS.
Fox Marble (FOX) has announced further sales to Berkeley Homes plc and initial small scale orders for its red, Rosso Cait, marble for customers in Egypt.
Fox Marble (FOX) has updated that, with much of the 2014 order book having been pushed into H1 2015, 2014 reported sales are expected to be only around €150K, though that it is “encouraged by the strong finish to the year in terms of deferred income, signed offtakes and sales agency agreements” , with “confirmed orders to date for 2015 currently stand at €1.5m of block and slab marble”.
This is the closest I am going to get to tipping a mining stock in a hurry – Fox Marble (FOX) might own mines but it is essentially a building materials stock. This should be a boring and dull business. To date it as not been.
Fox Marble (FOX) has announced an offtake agreement for €1.5 million of block marble in three six month tranches and which will see it receive an immediate €250,000.
On Monday 29th September the first ShareProphets evening seminar was held. 4 talks, free pizza and booze. A great time was had by all. To ensure that you get priority booking for future seminars (the next one is 13 October) register HERE. The first talker was Chris Gilbert of Fox Marble (FOX) who spoke well and made a good case. I rate the shares as a buy.
Contrary to suggestions made here and elsewhere by some of my greatest admirers, the first ShareProphets seminar was packed out with just over 50 folks gathering in Clerkenwell on Monday and – I think – having a good time. The next seminar is on Monday October 13 and you can ensure you get priority booking by registering HERE.
There have been posts made on several Quenron (QPP) Bulletin Board threads from folks suggesting that they were planning to attend and disrupt tonight’s presentations in Clerkenwell or to have a go at me as I shall be speaking. Just a warning to any morons who are tempted.
The first ShareProphets Monday seminar is tomorrow. It booked out ten days ago. Fifty folks will from 6 PM on the 29th be enjoying free pizza and wine in Clerkenwell and listening to presentations by Premaitha, Fox Marble and Anglo African Agriculture and to one by me on 10 ways that AIM companies mislead investors by inflating profits. I shall illustrate my talk with real examples. The next talk is on 19th October and they continue every two weeks thereafter.
I am a fan of Fox Marble (FOX) – t has had mishaps but the underlying investment case is still there. This is stock where if Chris Gilbert and his team deliver, as I believe they will, it could easily treble from 19p. In this light I bring you today’s note from house broker Fox Davies.
Kosovo and Balkans region-focused marble company, Fox Marble (FOX) has updated investors attending its AGM that it continues to believe that “2014 will be a pivotal year in establishing Fox Marble in the market”, though “as a result of the unexpected weather conditions and one quarry site being extended to acquire the premium quality resource, production has been set back and thus booked revenues will be more strongly second half weighted”.
