Greetings all I was catching up on some of the threads at airports the last day of two
Lol it's like a two month time warp reading them
Here's the facts folks until they get secured contracts to sell the machines its just going to be one giant cash burn
It's all going out nothing coming in right that's a fact been missed here
Burning 10 mill a quarter for no cigar in terms of a locked in agreement
Ok so two machines are built great good news we knew that was priced in no cigar on the SP.
We wait to hear about CAT they are not going anywhere cat venture do not abandon start up ventures
Could be a delay so what if they were walking you can bet insiders would have bailed and this would be sub 10 cents by now its not
What we need is sales orders then we can calculate a model to do a DCF
at the minute it's wild speculation which counts for nothing
FBR has gone 9 times its cap on hype hope promise and expectations
Now it's time to walk the walk in terms of revenue we all know it will build a house we all know it will get a 30 second mention on the news big deal
Unless we see some $$ flowing in soon they are going to have to raise capital big time in another two quarters
That along with performance shares will cause plenty of dilution -no ones getting rich from.here anytime soon too much pressure on the cap coming .
FBR have done incredibly well the spec end of the ASX has been smashed of late creamed the air went out of all the hot stocks in spec land
I'm surprised its held so well a very good sign in my view no big sub sellers is great to
Plenty of other stocks doing ok don't lose sight of the opportunity cost waiting for a number 9 bus that never comes can do to your bottom line
Tech has been flying medical stocks flying while industrials retail and banks have been towed up as I said they would be back in Jan the DOW is down for the year and may June have been quiet months
I suspect half 2 18 will be good for markets so if FBR can monotise something they should do well half 2 18
Wrapped to.see my core stocks firing car related stocks and tech especially
I hardly looked at stocks last two months too busy Enjoying a holiday loved it
Pro 9 global lol Dan the man Jukic lol Nah has he actually finished the cladding jobs in Croatia yet?
Modular is definitely on the increase hugely popular in Europe
The Mexico MOU is interesting id say that's more about disaster relief in that region
It's a mass of humanity Mexico condensed resi areas that need upgrading problem is the Mexican govt is skint but in time who knows
Anyone who has been to Mexico inc me will tell you the whole joint needs rebuilding so lots of scope
All in all you guys should be pleased given the performance of the spec end last 2 months
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