Simbrad
03 Jun 2016
SP Angel's note out this morning: "Fox Marble report results for a tough year through 2015. Production of just 10,700t was down on 14,188t a year earlier. Order book value of €3.9m at 1 June 2016 for this year indicates substantial improvement in the company’s outlook though the challenge is for the company to meet its obligations... Given that quarrying and marble production is all about sales and distribution management’s performance last year could have been better. It is good to see sales picking up and the challenge for management is to meet its expanded order book and to continue to grow its sales." Scraped from Research Tree
Passive Investor
09 Apr 2016
March 2016 Interview with CEO This gives a bit more background - [link]
Passive Investor
26 Feb 2016
Another interview with CEO [link]
TalygarnTom
22 Jan 2016
Re: Convertible loan It makes sense to me as Fox Marble can now offer much more visibility with regards to potential earnings, so supposedly less risk. Whether Amati choose to re-negotiate might give us some idea of their confidence in the business in the short term. The one thing that I find really annoying is Chris Gilberts seemingly endless ability to over promise and under deliver. In the half yearly report published 10th September he expected 1.4m euros of the order book to be converted to invoiced sales. To deliver just 230,000 euros of this 1.4m is just not good enough. He shouldn't make that statement unless he is sure he can deliver. In the longer term it might not be that important but the CEO's credibility is. Reading between the lines I think the bottom line is that until they can process this marble in house they can't turn a profit on the marble they extract.
Passive Investor
21 Jan 2016
Convertible loan Bit alarmed to read this "Convertible loan note held by Amati Global Investors Limited that was entered into at the Company's IPO in August 2012 at the initial annual interest rate of 8%, is incurring annual interest at a rate of 25% since 1 September 2015, and maturing in August 2017. The Company is in negotiation to replace this loan note with a long-term loan with a significantly reduced interest rate."Since Amati hs a large share holding it is to be hoped that it will be in their commercial interest to negotiate a rate close to market norms.
Passive Investor
31 Dec 2015
Interview with Fox Marble CEO, Chris Gilbert on Share Radio 13/12/15 [link]
IGTV
23 Oct 2015
Fox Marble working ‘very hard’ to boost its order book Full interview: [link] October 2015: (being published tomorrow) Chris Gilbert, CEO of Fox Marble, tells IG that his priority is bringing the factory online as soon as possible. Chris also highlights China and India as good targets as Fox Marble drives into new markets
gretel
03 Aug 2015
Going down to 13p-14p? What a load of cr.p 
)) Terrible update today. This company seems to constantly disappoint, always on the cusp of turning positive.Managed to offload stock mostly at around 18p, making a small loss overall. I can see the share price drifting down for some time now with drastically lowered forecasts, perhaps back to 13p-14p.Surprised to see some buying this morning, but I can't see that holding up the price, especially with such poor interims on the way.Will continue watching as could still be a big winner over time, but there's no point in holding for a while yet unless they come up with dramatically improved news flow.
jonnydurex
05 Jun 2015
Re: On board I don't have level 2 but it does look as if something has been happening the past couple of days. 23% up in a month that is good for the holidays-as long as it's spread over the portfolio but it's not! jd
jonnydurex
04 Jun 2015
Re: On board 15% up in a month or so-so not surprised they are having a breather. Slowly,slowly will do fine. jd
gretel
14 May 2015
Miton now above 5% Tonight's RNS shows that Miton UK Microcap Trust picked up a further 2.5m shares in the placing and are now up to 8.06mm shares, or above 5% - a nice vote of confidence:[link]
jonnydurex
14 May 2015
On board Bought 20k of these as a 'starter pack'. No rush but in the next 12 months hopefully the story will have come good in which case the share price should be a few pence higher. If the Chinese do get into marble you can be sure of that. jd
BWhatUWant2C
13 May 2015
Re: Good news re small placing Chris also gave an interview yesterday:[link] would appear that the factory is finally now complete (in terms of building at least) - hooray!All good news. I wonder if the early selling yest was more to do with the unrest in Macrdonia rather than the placing or this interview. More positive steps in a broader very positive direction IMHO.
gretel
12 May 2015
Re: Good news re small placing The AGM is in 2 days' time - we may get more news flow then.Given the way matters usually unfold following placings, today's news will likely swiftly be followed by news flow - not least the completion of the factory at long last.
gretel
12 May 2015
Good news re small placing Pleasing that FOX have been able to carry out a small £2m placing at a reasonable discount to the current share price to repay the convertible and help with North American expansion.It suggests to me that, given FOX already had £4.7m net cash, there were investors keen to take a stake at this interesting point in the company's development. This is reinforced by the existing investors now increasing their stakes.
