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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Iofina Plc | IOF | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.50 | -2.70% | 18.00 | 15:18:51 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 18.50 | 18.00 | 18.50 | 18.00 | 18.50 |
| Industry Sector |
|---|
| CHEMICALS |
| Top Posts |
|---|
Posted at 14/12/2024 06:32 by chillpill The problem is not the demand side. It is IOF being able to demonstrate they can build more than one plant a year. |
Posted at 01/12/2024 18:31 by chillpill I don’t disagree Naph.IOF talk about accelerating the roll out of plants but are stuck on one plant every 12 months. I do wonder where the AIM market will be in 5 years time. I imagine the best businesses will continue to get picked off by their discounted valuations. IOF is a niche business so probably not that many potential bidders. |
Posted at 01/11/2024 08:25 by gb904150 If they do EBITDA of $12m it would put IOF on an EV/EBITDA of about 4.That plus the 'step change' in production - an added potential. Perhaps it's a process improvement? Or identification of new brine sources? Hopefully the former as that would be a quicker impact. And not much at IOF is quick. If it's good enough for RS down at these levels it's good enough for me. He will know enough about the business going forwards. |
Posted at 22/10/2024 10:24 by gb904150 So we have a strong iodine price and expecting it to remain strong into 2025.We have IO#10 which didn't add any production in Q3 but will be adding to Q4. IO#11 is in advanced discussions. Should be signed by EOY. Bring online in 2025. More details soon. Then there is this somewhat cryptic 'step change', mentioned again in this interview and first mentioned in the last interims: Future plants have already been identified and Iofina is investigating opportunities that would likely provide a further step-change in growth of iodine production in a new core area in the coming years. We look forward to sharing these plans once fully developed and internally vetted. Then we have Sneller going from 20% to 21%. And Trump likely to be confirmed as next POTUS in 2 weeks time. That should be encouraging for companies with USA production like IOF. All in all. I think this 18.5p price is a long term gift. If I didn't already so many I'd be topping up! |
Posted at 18/10/2024 06:01 by lostsole RNS outIofina PLC - Q3 2024 Update #IOF @iofinaplc https://www.voxmarke |
Posted at 27/9/2024 06:01 by lostsole RNS outIO11 agreement - operational in 2025Iofina PLC - IO#11 Update #IOF @iofinaplc https://www.voxmarke |
Posted at 25/9/2024 16:37 by zendo102 Thanks for the link to the Tom Becker interview lostsole - interesting comments:1. "Rolling out these iodine plants at a faster rate." 2. "It's all about growth." 3. "We are well funded to be able to build the next few iodine plants." 2. IO#10 to start production this month 3. IO#11 to be under construction before the end of the year It all sounds very bullish, doesn't it? However, it's worth putting these comments into a wider context: Year metric tonnes produced 2012 10 2013 171 2014 328 2015 569 2016 474 2017 503 2018 589 2019 603 2020 610 2021 518 2022 516 2023 559 Iofina produced more iodine in 2015 than in 2023. 2018-2020 were also better than 2023. I think to be considered a true growth company, the market needs to see IOF smash through 700 MT/year with more plants on the way. IOF can't rely on iodine price rises alone. If IO#10 and IO#11 are in full production and another couple of plants are lined up, they might just get there. |
Posted at 20/9/2024 06:01 by lostsole RNS outIofina PLC - Interim Results #IOF @iofinaplc https://www.voxmarke |
Posted at 02/5/2024 09:39 by zendo102 Results:Lacklustre and pedestrian - there is nothing on the horizon that is likely to jump start the share price. Compare: “Costs of raw materials to process the brine water into iodine continued to increase in 2023, however, chemical cost increases in 2023 were lower than those of 2022.” “During H2 2022, iodine prices peaked and have subsequently slowly come off these highs during 2023 and have currently settled in the mid to upper sixties per kilogram.” In other words, those supplying chemicals to Iofina were able to raise their prices, but Iofina were not able to pass those increased costs on to their customers. Margins suffer. (Inflation hit 10-15% last year. Why are iodine prices not $77-$80/kg? Everything else has gone up.) Growth strategy: IO#10 is so well flagged that it is now a banana skin rather than a possible surprise to the upside. Only a ramp up in plant building (or a surprise maiden dividend) can save us now. How about starting the next plant before the previous one is finished, so those preparing the site finish and then move straight onto the next, those installing equipment do the same? Iofina has the resources to do this - either there is no will to do it, or the economics are just not that good. Yearly share price chart: a relentless share price drop from 32p to where we are now. Any more and we will be at the offer price of the share placement 5 years ago (April 1st, 2019) - shares were offered at 16p, which according to the Bank of England’s (very conservative) inflation calculator, is equivalent to 19.74p today. That was the last time I bought Iofina shares. With the current price of 19.77p, I’m effectively up less than 0.03p (1%) a share over FIVE years in real terms. Drinks all round? I think not. Investor Mood: The lack of comments on this board show extreme investor apathy as well. In years gone by, when the narrative was good, there was 10 times as many posts on results days. A company does need to focus on the fundamentals, but investors also need to see a story to buy into. Iofina used to trumpet the unique tech, the strategic importance of iodine, the environmentally friendly extraction of a valuable product from waste product, the huge untapped potential of the vast quantities of brine being disposed of every day, the lowest costs of production in the industry, the desire to be the biggest producer in the USA. Many of these ideas are there, but they are buried in the strategic report (did you read that far?) In becoming prudent and conservative, Iofina has become BORING. There are some value characteristics there, but where is the out, the catalyst that will drive the share price up? Without that Iofina will just plod along. This could be the bottom for the share price, but sometime over the tax year, unless there is a dramatic turnaround, I suspect I’ll be selling my medium-sized stack of Iofina shares to offset capital gains elsewhere. Anyone care to change my mind? |
Posted at 09/6/2023 08:49 by beercapafn I asked Google - BARD Ai search engine what it knew about Iofina's share price.This was the response. An interesting positive report. View other drafts Iofina (IOF) is a specialty chemicals company that has seen its share price rise by 65% since January 4th, 2023. The company's stock has been on the rise due to strong demand for its products, which are used in a variety of industries, including water treatment, agriculture, and mining. In addition, Iofina has been expanding its operations into new markets, which has helped to boost its revenue and earnings. The company has also been investing in research and development, which has helped it to develop new products and improve its existing products. As a result of these factors, Iofina is well-positioned for continued growth in the future. The company's stock is currently trading at a P/E ratio of 10.38, which is below the average P/E ratio for the LSE. This makes Iofina a relatively undervalued stock, which could make it a good investment for investors who are looking for growth potential. However, it is important to note that there are some risks associated with investing in Iofina. The company is exposed to the cyclical nature of the chemicals industry, which could impact its revenue and earnings. Additionally, Iofina is a relatively small company, which could make it more susceptible to changes in the market. Overall, Iofina is a good company with a bright future. However, investors should be aware of the risks associated with investing in the company before making any investment decisions. Here are some of the reasons why Iofina's share price has risen so much since January 4th, 2023: Strong demand for its products Expansion into new markets Investment in research and development Relatively undervalued stock However, there are also some risks associated with investing in Iofina, such as: Cyclical nature of the chemicals industry Small company size Overall, Iofina is a good company with a bright future. However, investors should be aware of the risks associated with investing in the company before making any investment decisions. |
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