Australian (ASX) Stock Market Forum

FBR - FBR Limited

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Are you still following this J?

TMF looking to trend higher (altho admittedly still well below zero) and it just seems the auction doesn't seem to have the 'oomph' to push the 15c area. Arguably worth dipping the toe in?
 
kid hustlr said:
Are you still following this J?

TMF looking to trend higher (altho admittedly still well below zero) and it just seems the auction doesn't seem to have the 'oomph' to push the 15c area. Arguably worth dipping the toe in?
Click to expand...

yes, keenly ......altho as time moves out the concept is getting underwater from competition so each month the're losing their market(able) edge .....not seeing enough money flow to call a swing low..yet
 
kid hustlr said:
Are you still following this J?

TMF looking to trend higher (altho admittedly still well below zero) and it just seems the auction doesn't seem to have the 'oomph' to push the 15c area. Arguably worth dipping the toe in?
Click to expand...

price begins to range or traps in a zone you'll find the MF will revert to zero as a default especially as volume lowers, trades are still balanced, it's one of the crucial mechanisms Colin Twiggs has pointed out it can be deceptive so you need to see a strong divergence ....MF cannot show if smart money is slowly soaking supply and the rate of price decline is no insight - but - that price is beginning to range suggests a few hands think theyre in the value zone... longtermers won't capitulate here .....i like .11's
 
kid hustlr said:
Are you still following this J?

TMF looking to trend higher (altho admittedly still well below zero) and it just seems the auction doesn't seem to have the 'oomph' to push the 15c area. Arguably worth dipping the toe in?
Click to expand...

looking like another lack-lustre day then the 10min auction saw bids have to own the close at .19's on more than dbl daily vol
...leaky boat ?
 
looking like another lack-lustre day then the 10min auction saw offers have to close at the close at .185's
...leaky boat sunk ?

daily price came and sat on the oct 2016 peak, i suspect a few thought that was a decent floor but todays rotation speaks of a failure to take advantage of the news, (?)because the trend does not call for the news.....yet

fbr review daily 270418.png
 
FBR in a trading halt while they finalise two material agreements. It's spent the last couple of months trading between 17c and 20c and looks ready to break one way or the other. This upcoming announcement will no doubt be the catalyst for that move. Which direction it will move is anyone's guess.

I'm not holding but hope for those who are that the move is up.

big.chart-FBR.gif
 
RexxarLoh said:
Hi all, I am a newbie investment. Bought some FBR shares a year ago. Will its technology has any potential?
Click to expand...

Well, based on today's announcement and price action you would have to say that it does have potential.
​
First Full Home Structure Built with Hadrian X

Highlights

• First build of a full home structure completed in under three days
• Hadrian X Factory Acceptance Testing completed
• Class A Performance Shares condition met​

Tuesday, 13 November 2018 – Robotic technology company FBR Limited (ASX:FBR) (‘FBR’ or ‘the Company’) is pleased to announce that the Company has successfully demonstrated its robotic home building technology by building a 180m2, 3-bedroom, 2-bathroom home structure in less than the targeted total elapsed time of three days, a technical milestone that was set for the Company in 2015. This represents a world first achievement for the Company and the most significant technical milestone completed to date in the Hadrian X programme. It followed the successful completion of Factory Acceptance Testing of the Hadrian X construction robot.
Click to expand...

Lots of punters jumping in today on the assumption that this home building robot may actually have a real market in construction. It's harder to argue against now that it has actually built a home.

21c is looking like resistance and given today's price action we may see more short term share price gains. It finished at its high for the day and volume was well above average. A break above 21c would be a bullish move.

big.chart-FBR.gif
 
Miner said:
Interestingly published today FBR and Caterpillar announced their strategic divergence (not difference !!) and termination of the MOU. Caterpillar will also divest their holding with FBR.
https://www.asx.com.au/asxpdf/20181204/pdf/440ynfqhqz26p8.pdf
Click to expand...

Hard to know what to make of that announcement ….

The SP has been retracing on lowering Volume since the Spike on the 14th Nov (pretty normal) …

Todays announcement didn't seem to create too much negativity (positive) ….

Plus there has been a bit of jockeying with Substantial shareholdings lately (interesting)

Things are going on behind the scenes but who knows whato_O
 
barney said:
Hard to know what to make of that announcement ….

The SP has been retracing on lowering Volume since the Spike on the 14th Nov (pretty normal) …

Todays announcement didn't seem to create too much negativity (positive) ….

Plus there has been a bit of jockeying with Substantial shareholdings lately (interesting)

Things are going on behind the scenes but who knows whato_O
Click to expand...
Barney
The Caterpillar announcement happened after closure of market. Let us see how market reacts on Wednesday. DNH
 
galumay said:
Well it didn't do CAT any good!! Down 10% overnight.
Click to expand...
Yes.
Also it has affected Seven shares today + DJ slump = more than 18% slump on FBR price this morning.
What a start - when do we get better news ??
Luckily resisted entry FBR even though technically it has a great future and sorry for the holders
 
This tech won't work on domestic housing construction.

On commercial, big projects... it might have a chance but then those are either steel/glass or concrete slab walling aren't they? Very far and few jobs in between.

On big projects, the wall will need to be pretty damn long, Hadrian Wall kinda long for it to be cost-effective.

I mean, there's only so many courses of brick/blocks you can lay in a day. Maybe 10 courses, tops. The mortar need to dry and harden before you can stack more than 10 courses. So that'll take at least half a day's waiting else the whole thing will just collapse on itself.

On construction sites, at least the few that I've been on... the footing are so rough, the leveling/height so varied that you'd need a professional brick layer to set out and adjust the first course or two to level the whole thing.

Only after that's done can this kind of robots stack them up. And getting that done require brick sawing, grinder, this and that adjustments. Once that's done, brick laying by the pros become pretty fast by any average brickie.

The other issue they have is that domestically, at least in Australia... it's unnecessary to do full brick house. Most will go with timber/brick veneer.

When the timber frame's involved, in sloping ground, tight access... this might work on a couple elevation. Then there's the brick ties...

Then there's the windows and door openings issue. A machine will be precise; the guys who cut the windows won't be. The slab and footing guys are roughing it... To keep the windows in a brick veneer tight you need the window there and play around with the mortar joints a bit to fit them tight.

With this machine, you'll most likely need customised windows or a lot of caulking round the edges. Not free to have that done.

A good brickie with a labour could do most domestic jobs in a week or two. Labour goes for $150 a day? A pro maybe $300?

To hire this machine you'd probably need 3 labourers to fill the bricks, mix the mortar?
 
Miner said:
Barney
The Caterpillar announcement happened after closure of market. Let us see how market reacts on Wednesday. DNH
Click to expand...

Thanks Miner …. Didn't realise the ann was after hours … The punters have spoken today as you suggested they might.

The innovation behind this idea is clever but as @luutzu has pointed out above, there may be more than just a few problems getting it to be profitable.
 
barney said:
Thanks Miner …. Didn't realise the ann was after hours … The punters have spoken today as you suggested they might.

The innovation behind this idea is clever but as @luutzu has pointed out above, there may be more than just a few problems getting it to be profitable.
Click to expand...
Fully agreed Barney
 

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