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Fox Marble warns again but we really do think this is the nadir

Tom Winnifrith Sunday 18 December 2016

 

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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.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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Eddie Stobart - the Red Flags were there to spot

We missed this one. we cannot spot every car crash waiting to happen. But we did give an alert of sorts. Week in week out, Eddie Stobart Logistics (ESL) featured in Steve Moore’s table of the most shorted AIM shares. When bears hunt in packs, like this, they are rarely wrong, especially when the biggest cheerleader on the other side are Bulletin Board Morons or, as in this case, Neil Woodford. So what were the red flags? There were three big ones:

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