Anyone considering investing in this company might like to compare this extract from page 11 of their 2023 Annual Report with the actual outturn over the last 2 yearsSales and MarketingThe Group has been successful in securing sales contracts with the following construction companies:• Andrra Invest LLC A Kosovan company specialising in construction of residential and non-residentialprojects. Its activities include project management and development as well as marketing alreadyfinished construction sites. One of the best known completed projects is Andrra Residence in the capitalPristina, which is a high rise residential and business building complex.• Egeu Stone LLC A well-recognised construction company in Albania, which has won 9 public tendersand has completed over 25 diverse construction projects in Albania, including multistorey residentialdwellings, hotels and other commercial and industrial buildings, schools and public spaces.Both sales agreements follow the same framework and involve the targeted production of between 350 and 450residential units per year with sizes ranging from 120 square metres to 150 square metres.The payment terms for Eco Buildings are structured as follows:• a fixed price per square metre produced, of which: a. 65 percent will be paid to Eco Buildings in advanceof the product shipment; and b. the remaining 35 percent will be paid to Eco Buildings on installationof the units.• Eco Buildings will also receive a profit share from the unit sales of Andrra Invest LLC and Egeu Stone LLCto their end customers.As previously announced, commercial production began at the factory in June 2024 following the completion ofthis work. We have already begun to supply material for our first order, and have received a purchase order forthe first rolling program of panels from AED Shpk for 25,000 sqm to be drawn down in accordance with aschedule of works. The sale of these panels will allow the company to generate revenue as we roll out the morecomplex complete dwellings.
There was a presentation that suggested that The British Empire cost The British Taxpayer far more than the funds generated by the Empire.The People who Benefitted from the empire were individual wealthy families.
If Burnham had any sense (which he hasn't), and any morals or decency (which he certainly hasn't) he'd know who to blame.Rachel Thieves - the ex-lying Chancellor. She laid the framework for the destruction of the UK economy, and Nosferatu will follow in her footsteps.That's why Poundland has gone under.
Yes the gold rush principle works well in so many similar scenarios.The people who sell the equivalent of the pic axe and shovels are the ones who make the money.
I think a number of commentators did point out that gold was over extended when it suddenly shot up to 5500.However since then there has been a consistent failure to assess the impact of the ongoing wars.In both Ukraine and the gulf there has been a perception that the wars would be over quickly.I dont know what is going to happen but unless there is a fundamental change in world events the short term pressure on miners will surely be negative .The impact of the speed of the fall in Gold has been to materially effect the free cash flow being generated.
I would have thought that it was in PB's interest to investigate the data collection done by UJO. I guess it won't make any difference to the company's fortunes as the people concerned have now left but it could be seen as good housekeeping. Hopefully, for UJO, CH and JA were not part of the spying!I'm guessing that PB's essay will be on ECOB? I will read it with interest.
"Perhaps now, as they see their savings heading down the pan with the shares now just 0.725p they will see the folly of their ways."Nah, they won't, it's easier to blame you than admit to their own poor judgement.
There is no doubt that Trump will leave a legacy, it will just be one of lives lost, businesses ruined, and a country wallowing in debt. He will be remembered as the worst President in the history of the United States.