FBR (ASX) Why are the machines not yet returning revenues ?

Originally posted by Hokey 5771 ↑

It would appear to me something not quite right here.

it was an age ago when an ANN came that FBR had two fully completed machines ready to go .

sooo I have asked myself why did they make that ANN when it has become very obvious that more R & D work was to be done inside a factory.

inside a factory yard has seen more R & D work had to be done now it’s build houses inside a bigger factory never ending story while cash coffers dwindle away and the SP capitulates.

if these machines were as ANN fully operational
so long ago why has not one single cent in revenue resulted the question needs to be asked as to why that ANN was made that the machine was complete

We have seen CAT drop them like a hot potatoe the biggest machinery dealer in the world walked why you ask well you only have to look at the never ending story and a SP been slaughtered and CATS money invested becoming chump change

we have not seen one single wall built by these latest machines in a suburban street under severe weather conditions in full public view to test the DST not one anywhere in a normal street block why beggars belief

For me a factory yard is not normal conditions of green fields builds far from it

i put it to you that simply perhaps this machine is seen by most people in the industry as maybe not the holy grail as first thought if it was I think it would have been taken out by now surely if it was ??????

i don’t see anyone coming a knocking at near yearly lows and over 80 per cent down of highs sorry to remind you sure you guys see how much profit has been burned in your accounts.

Is robotics the future of course it is we all know that but every day around the world other robotic technologies are been developed time moves rapidly in tech adoption 15 years in development not one single wall built in a suburban street in full view of the public who is kidding who here.

I just saw some innovative construction in japan most of which is designed by 3 D Cad drawings the standard they have so many robots in japan it blows your mind they are so far ahead of everyone else it’s not funny

A lot of the world sits on fault lines flood plains and other geography that dictates new modern structures not just brick walls and a roof

ok we know HX can build a housr so can I built 4 in my life and probably 50 sheds big n small on farms I’ve owned anyone can build with directions and basic skills

Point is in this country science and innovation is basically ignored by governments little funding support or tax concessions making it incredibly difficult for Aussie start ups in machinery manufacturing yet OS they fund new innovation to the hilt

I feel sorry for the founders I really do great innovation brilliant invention but this is Australia basically no one cares here about innovation most of the awards are off shore go figure

By the time they get this out there building in my view the tech will be old hat we still looking at you tube videos while innovative housing is been built in bulk in Europe Asia and North America we know the machine can build walls for a house in a few days guess what so can a very good bricklaying team not very far behind and a team does not cost 2 million to put together OS labor is dirt cheap in 90 per cent of the world keep that in mind folks

You ever driven past a new home at slab then a few days later go wow that went up quick or tilt up commercial construction or mechano like modular clipped together on site it’s everywhere HX will not be unique in my opinion only

I think FBR has missed the boat any no of companies developing this tech at this cap could just snap the company up for a song no ??

All the MOU partners have to do is wait till the SP
drops more or cash becomes an issue and go bang

The Saudi’s could buy this for smoko money if they really wanted to do could Brickworks maybe they will who knows

Cash is never discussed here why not it’s going to be crucial in the development of the company everyone involved can just sit and wait and watch the $$$ evaporate what can they do without cash seriously what when it gets very low ?

Do you really think building a few walls for Archistruct will see great profits given over 65 million has already been spent and counting a lot to get to profit on investment no

It’s all starting to stink to the core really as time and tech advancements continue to evolve

Protect you’re capital maybe something to consider I did try to warn here back in the high teens that the SP would get back here and I am sad to see you guys hurting unfortunately in my view the real capitulation is yet to come

Right now my rating of this stock is the strongest sell rating yet it’s time to get real I feel in my opinion only

Expand

The best bit is how you discuss all the companies that would want to buy the tech.

It certainly is exciting stuff.

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(20min delay)
Last 3.5¢		Change 0.001(2.94%)		Mkt cap ! $156.1M

Open	High	Low	Value	Volume
3.6¢	3.6¢	3.4¢	$438.7K	12.53M

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