Personal and undiluted views
Kosovo

128 days ago

Fox Marble appoints QC and hires Kroll on legal claim - BUY to possibly double

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.

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765 days ago

Fox Marble – after biggest single order for Alexandrian White marble earlier this month…BUY

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”

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1076 days ago

Photo Article - marble from Kosovo now in place at the Greek Hovel

I suspect George the Architect is still a bit cross about me using marble from Fox Marble (FOX) in Kosovo rather than local marble at the Greek Hovel. But I am a shareholder, get a discount, and want to show my support.

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1088 days ago

Jesus Wept! The Greeks bring disaster upon themselves – snagaroo at the Hovel

You wonder why the Greek economy is such a trainwreck?  Of course there are all sorts of reasons: the scorched earth policies imposed on Greece by Germany, the EU  and IMF banksters; the debt Greece should never have been allowed to take on, the bloated public sector, corruption, they all play a part. But, as I discover again today as I try to rebuild the Greek Hovel, it is the smothering bureaucracy that kills enterprise. Take my marble, stuck at Kalamata.

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1170 days ago

Fox Marble – 2017 sales lower than hoped, but now looking forward to “significant growth” - BUY

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”

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1190 days ago

Fox Marble – new factory installations add to potential

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”.

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1598 days ago

Orwell would be proud - the Dusseldorf truth emerges after the news cycle has moved on

I noted yesterday the ludicrous line being spun by the German Police that the axe wielding chap on the rampage at Dusseldorf station was from the former Yugoslavia, a country that had not existed for 16 years. Within minutes they had been able to say that the man had psychological issues. if only the NHS was so efficient in terms of diagnosis there would be no crisis. Yet the Police could not say where the chap came from. And the liberal media - in as much as they covered this at all - played along.

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1599 days ago

Dusseldorf attack - Orwellian use of Yugolaslavia by Police, why not blame Donald Trump

You will remember that the killer of Jo Cox MP had a long history of mental health issues yet sections of the mainstream media still term him a right wing extremist. In Dusseldorf in Germany last night a man attacked folks with an axe injuring seven and he has already been branded as mentally ill. He may well be but the Police, without questioning from the liberal media, are also insisting that he hails from the former Yugoslavia. This is Orwellian.

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1752 days ago

New Fox Marble JV - still a buy

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…

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1877 days ago

Fox Marble Results - no shock we knew they would be poor: the shares remain a buy

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”.

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1898 days ago

Fox Marble placing - we take part: the shares are a buy

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:

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1958 days ago

Fox Marble: More Good News - Buy

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”.

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2046 days ago

Video: Chris Gilbert CEO of Fox Marble presents at Gold & Bears November 2015

And the next presentation is by Chris Gilbert of Kosovo based Fox Marble (FOX), shares in which I rate as a buy - it will come good in the end. Enjoy

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2130 days ago

Work Related Trips I’d like to do: Kosovo, Spain – any other ideas?

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.

I shall have family reasons to visit the Pindus Mountains of Northern Greece at some point. It would be great to pop in to see The Baker of Zitsa and have a glass of sparkling red wine and read some Byron while I am there. But from Zitsa it was just a horse ride for Byron and Hobhouse to Albania and would be a short drive for me to Kosovo and Macedonia (the ex-Yugoslav Republic).

Again

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2395 days ago

Tom Winnifrith’s tenth and final share tip of the year 2015 – Buy Fox Marble at 18.25p

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 owns quarries which are largely in Kosovo, an area once in Serbia where with the complicity of the West the ethnic Serbs were ethnically cleansed by the Albanians. The latter have no historic claim on the area (it was never part of greater Albania) but when it came to the vilification of the Serbs we in the West did not really care about our oldest allies in the region. Rant over. The new regime does appear relatively honest so when a bent local official tried to seize a Fox asset soon after the IPO he was sent to prison and the asset quickly restored. None the less being in Kosovo has not been seen as a massive plus point by AIM casino investors.

And

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2630 days ago

Fox Marble – I remain a buyer after AGM

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”.

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2688 days ago

Democracy Crimea Style vs. Democracy EU Style

The EU and USA are not recognising the referendum in Crimea. In both zones the political classes simply fail to understand that democracy is the will of the people and that for almost 100 years an abiding principle of international law has been the principle of self-determination.

My sympathies in the Ukraine have always been with Putin and Russia not the meddlers of the EU who created this mess.

Today I feel more strongly as ever on this matter.

The referendum in the Crimea was not perfect. I am not sure that 95% of Crimeans really wanted to rejoin Russia. But the vast majority clearly did. And as such let the people have their say.

In contrast when the people of, say, Ireland have voted no to the concentration of powers within the EU, the leaders of the Evil Empire have simply bullied them and told them to think again. 

In Kosovo the 1991 referendum was clearly somewhat flawed. Would you as a minority Serbian have rushed back to your burned out village to vote? But most Kosovans wanted to be free of Serbia – that was clear and so the EU recognised the result. Natch the EU did not recognise referendums held in Northern Kosovan districts in 2012 which – with a Serbian majority population - voted to leave Kosovo.

For the EU referendums are only valid if the little people vote the right way. Otherwise they are either not recognised or the little people are told to vote again. This is not democracy. What has happened in Crimea is democracy. And as such we should be supporting it and the principle of self-determination without reservation.

The UK should today be imposing sanctions on Belgium and confiscating the assets of anyone employed by the Evil Empire at a senior level in order to show our support for democracy and self-determination and our opposition to those who seek to deny the wishes of the people if those wishes are “inconvenient.”

 

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