Eco Buildings Group – letter of Intent for potential significant new contract, risk/reward Strong Buy

‘Modular housing’ group Eco Buildings (ECOB) has announced, following a visit to its manufacturing facility in Albania by a delegation from the Dominican Republic, “detailed negotiations have progressed positively, building on the Letter of Intent signed with Gramma Constructora SRL (a large private construction company headquartered in the Dominican Republic)” – this for a potential $237 million gross revenue contract to the group. What of an 18.5% increase in the share price to 8p in response, giving a market cap of just £6.5 million.

Eco Buildings (ECOB), with factory now operational says will do orders of 1 million Euro by year end

Eco Buildings – discounted fundraise but now modular housing “deliveries and first revenues: expected "imminently” BUY

Eco Buildings Group (ECOB) has announced that it has raised £0.45 million at 10p per share to allow it “to execute on a short-term purchase order, as well as likely providing the springboard for further orders under negotiation in the near term”, with this modular housing-focused group now emphasising “while reaching this crucial revenue and cash flow point took longer than expected, our customers remain eager for our proven, innovative, low-cost modular solution”.

Eco Buildings (#ECOB) – raises £0.45m at 10p per share, “deliveries and first revenues expected imminently”

Eco Buildings – completes and sells first full building, BUY

Eco Buildings Group (ECOB) has announced that it “has completed and sold its first full building”, emphasising that this showcases its new facility with fully-automated production enhancing its competitive edge in its high-growth industry.

Eco Buildings – shares up as factory “fully automated and operational”, but much further upside potential: BUY

Modular housing group Eco Buildings (ECOB) has announced that it has now achieved fully automated production at its Albanian facility, improving current revenue and profit projections and into the future.

Eco Buildings (#ECOB) – now achieved fully-automated production, reducing production time by 33%

Eco Buildings (#ECOB) – £0.83m equity raise at 12p per share with warrants, from “several supportive existing shareholders”

Eco Buildings Group – “Suspension of Director”, but not an investment concern

A concerning-sounding “Suspension of Director”-titled announcement at a concerning - the ‘no-one watching’ period between Christmas and the new year - time of the year for corporate announcements from Eco Buildings Group (ECOB). That seemed even more so with the announcement just stating that “Dominic Redfern has been suspended from his role as Executive Vice Chairman, pending further investigation by the company”. However, the following is why we are relaxed about the investment situation here.

Eco Buildings (#ECOB) – Executive Vice Chairman Dominic Redfern “suspended… pending further investigation by the company”

Eco Buildings Group – former Fox Marble has modular housing factory close to production and significant sales soon, STRONG BUY

Formerly Fox Marble, the marble quarrier and processer, and now also a modular housing business, Eco Buildings Group (ECOB) has announced that it expects its factory to be operational and fully commissioned in the next quarter, enabling it to commence production and sales – with it already having two supply and manufacture contracts with a value of €114 million deliverable within the next three years. So material cash flow soon.