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Fox Marble – sales agreement with expected value “in excess of €1 million over the next twelve months”, remains a buy

Tom Winnifrith Thursday 24 January 2019

 

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“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”...

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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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