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FBR - FBR Limited

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I think it was Buffett that pointed once that there used to be something like 3000 Automobile companies in America early on, and even if some one correctly predicted the rise of the automobile, it would be near impossible to pick which 3 would end up being the success, and even then those 3 have run into trouble.

Probably why he doesn't invest in start ups. he would much rather wait to the are successful, then buy them at a discount to IV when the opportunity comes up, rather than try and pick which company will be the winner before the gates have really opened.
 
I was reading something along the same lines from Taleb in his Randomness book, he reminds us that the majority of new tech ideas turn out not to be any good, but of course the availability bias has us remembering the few that did, cars, iPhones, planes...
 

The value (if any) would be in the code that controls the robot. The value of the company would then be not much more than the cost of replicating that code.

And just to put things in perspective, Caterpillar invested ~$US2m in FBR. Last year Caterpillar spent $US2b on R&D.
 
The think with industrial robotics is they need such precie
McLovin said:
The value (if any) would be in the code that controls the robot. The value of the company would then be not much more than the cost of replicating that code.
Click to expand...
And that code has to be manually changed each time a new project is done. Industrial robots are great at doing the same thing, exactly the same thing to 0.3 of a mm, 10000s of times a day. How many construction jobs are exactly the same? I am involved in an industrial biz that is starting to use a very big and powerful robot. Every time the smallest thing is changed it requires new programming. Knowing how time consuming it is to change a robot for simple tasks makes it hard to see how you would easily use one in this application!
 

Yeah, good point. I guess how easily a robot can be re-tasked is a key part of the programming and economics. It's great to show a robot building a four walled brick house with no mortar but if it took months to program it to do that then its application will be very limited. Where there's a will there's a way, unless the computer says no.
 

Lovin; I've been perplexed by the thinking around the way that say 'Siri' or 'ok google' use voice recognition to initiate and then preform the task requested; this is overtly the use of already written code with an adaptability to continue to better work with its personal user.
This stuff has been created by some seriously inventive and skilled people.
Learning coding of the various types, then getting good at it, debugging the whole imbroglio ... It's not for everyone.
I just wonder who's out there working on the expansion of voice recognition as the mode to actually write code.
A weekend spent with an out of the box Raspberry Pi or Arduino will have you doing some basic coding stuff with a keyboard, the library used by these platforms is open source and free.
I think it's a 'when' not 'if' we take the step to talk through what you want done by a processor (that's if it's not already with us now but not widely known, or on the near horizon). This giving access to a vastly larger constituency to do constructive programming. Then the intellectual property of something like FBR becomes not much more than a curiosity.
Crystal Ball stuff???? Luv to know the thoughts of people who actually do the Coding thing for a living...
 
At what point is this stock a little top heavy... today it's at valued at about ten years worth of Ian Narev...
 
determined to shoot themselves in the foot the company attempts to mimic an oiler by
placing an extra 10% scrip to auction ..... with no viable product to market (at least as listed in the ingredients!)

adding 10% takes scrip to 744mm + new options ......
 
FBR significantly down from its October high of 26c. It's currently at 17.5c and looking aimless.



Worth a punt at these prices?
 
greggles said:
FBR significantly down from its October high of 26c. It's currently at 17.5c and looking aimless.

View attachment 85203

Worth a punt at these prices?
Click to expand...
maybe close(r) to .110's ......21 day + 13 week money flows have remained underwater

looking further back in that chart 12-15's is prior accum zone, likely to be replugged by pros as retail goes dark

everything gets fixed by a real machine that lays real bricks on a real piece of land .....ya know
 
http://www.asx.com.au/asxpdf/20171222/pdf/43qdj8wyw2jl51.pdf
released to market 9.40am muted

fbr are one of their own best cheer-leading squads which is usually a redflag for a stock when execs are making whoopy on their own company in social media
more volume transacted at the offer
good close but not at the HOD (and not including chi) saw the 10min single price transact 760k at the bid when the spread was 019's x 0195's
total vol 10.2mm including chi

imh experience when price closes at the HOD with single price auction transacts at the offer on a news-driven day then that tends to be all ticks in the right trending boxes, however that didnt occur today and the bar was against the consolidation grain

anyways, observations for what theyre worth ...about 2c
 
hype n hike all done ?

failure to make above todays low and hold, tomorrow, will prove out the idea that this was a % trade and a distribution while the auction seeks out the major low swing culling weak hands along the way

 
today also had an executive annoc, arguably higher importance than last weeks and the news was sold into ....close at ..195's likely to see follow-thru
.145's look more attractive next few weeks, money flows remain negative
 
even with new exec staff on board the current auction activity is testing retail strength and we're likely to visit .160's this week, there's simply not enough bid to drive price up yet plenty of bids when price dips, so its not all a selling game i guess
 
Fastbrick Robotics kicking up today on news that the company's Hadrian X construction robot is on track to be fully assembled this quarter. The announcement reported that the most technically complex component of the build has already been constructed, tested and fitted. Once construction is complete the testing process will begin.

FBR currently up 2.5c to 17c.

 
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