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Share Name Share Symbol Market Type Share ISIN Share Description
Iofina LSE:IOF London Ordinary Share GB00B2QL5C79 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.90p -5.67% 14.975p 14.55p 15.40p 15.60p 14.65p 15.60p 616,783 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 20.8 -9.8 -7.6 - 19.10

Iofina Share Discussion Threads

Showing 84576 to 84599 of 84600 messages
Chat Pages: 3384  3383  3382  3381  3380  3379  3378  3377  3376  3375  3374  3373  Older
DateSubjectAuthorDiscuss
19/1/2019
15:53
Zendo "Assuming a p/e of 15, then the market is pricing in net profits of £1.27m" Well, I've seen some predicting net profits between 3m and 10m (just shows how much a guessing game this all is, although PE 15 is also a stab in the dark - I remember the days when people were arguing for PE 20 or more). If so, then an easy doubling or tripling from here. That is an IF, though. Or an IOF, LOL. My understanding from the interview is that the "solution" refers to sites where brine supply can be guaranteed rather than fickle. Hoping for a 2019 with plenty of upside from here! Looking forward to the official resolution of the loan notes. Hopefully, the longer it takes, the less they'll need to borrow. And also my understanding is that they weren't allowed to borrow more than 3M of the current debt anyway without (not given) approval. Anyway, looking forward to clarity in 2019 and hopefully justification of my claim that a 50p MBO would be derisory :-)
madchick
19/1/2019
15:43
The new deal may also reduce costs, and improve profits. Would not be at all surprised to see a new major investor, looking at the medium to long term, because this year, I believe the potential can finally be seen from results.
strocketman
19/1/2019
15:36
Aye Captain - But at approx $22 - $23 dollar the Co was likely making a real loss, taikng into account interest payments etc - Perhaps efficient IO7 production & the closure of IO5 has decreased this break even point - They should have done - Last Years H2 figures will likely tell the true story & give us a better idea going forward - Nor sure who they are re financing through - AB for some probably, but wouldnt be surprised to see another Iodine interest ( The Japanese?) get involved - or even Midstates..
pcjoe
19/1/2019
14:58
The maths are clear for 2019. Around $16/kg production costs. Selling price $28/kg. They should do close to 670 tonnes this year without a new plant
captain_kurt
19/1/2019
14:46
Funds investing may push up the share price in the short term, and traders may look at that as an opportunity to trade out of the share for a quick return. But as I said before, it is profit, pure and simple, that will drive the long-term price. My guess of a p/e of 15 is just a stab in the dark, but it suggests that a doubling or tripling of the share price can't happen until IO8 is moving into view and profits are rising sharply. This is important when you have people popping up on the board wondering when we'll be over £2.40 a share again. It's the fundamentals that count, not good stories on a bulletin board and they are moving slowly, not explosively. Investors and traders often talk at cross-purposes, but if you read between the lines, you can tell who is who.
zendo102
19/1/2019
13:00
Once the loans are addressed very shortly funds/institutions will be able to invest imo dyor
captain_kurt
19/1/2019
12:50
Thanks mikky, makes contextual sense.
king_roster_iii
19/1/2019
12:49
PE is always difficult to assess. So many factors involved, but a key one is growth. Another is profit. Many others. IO7 appears to be a key contributor as many lessons learned have been deployed. I suspect IO8 will be even better and get us close to the 1kt by itself. Every plant seems to have a lower cost of production than the last, and I also suspect IO8 will be no different there as well. If the loan notes resolution supports growth, that will be key.
strocketman
19/1/2019
12:19
A p/e of 15 justified? - Probably If made on the basis of rising iodine prices and a confirmed order for an io2/io7 style IO8 ( I see that wasn't guaranteed for 2019 - just the promise of a decision re siting - An error by Tom or just the now typical management caution?) - If there is indeed a number of potential high earning sites then caution and tough negotiation on royalties/site cooperation/ local govt potential restrictions is wise before making choice - re iodine price fluctuations - like most commodities it goes up and down - I havnt seen a historic I price graph for a while , but if I recall right each bear and bull phase lasts for a good few years each with the odd spike ( not uncommon nuclear accident etc) - It looks like we have commenced on the next bull - that's why we are all invested I guess - Can't get too smug yet & always a risk - but hopefully this will end up being the smuggest and most irritatingly self satisfied BB on Advfn
pcjoe
19/1/2019
10:42
King, I saw, by chance, a programme a day or two ago on Bloomberg called Commodities Edge. It was all about fracking and seismic implications, particularly in Oklahoma. I think they made the points that, originally, fracking had caused tremors and been a serious problem, but now the problems were being addressed ( I think by making sure that produced water is put back into the right formations underground or reused for more fracking), but that there were still tremors and that care was needed. I would imagine that Iofina are making great efforts among other things to make sure that whatever arrangements they make with oil companies, there will not be any hold ups due to fracking/ inappropriate use of disposal wells.
mikkydhu
19/1/2019
10:09
Yes indeed, SG. The question is whether SQM have the ongoing capability to keep a lid on the price. If not ....... From the production results this year it looks like each plant will be running on average at 170 tonnes p.a. so only need IO8 and IO9 to be built and we are at 1000 tonne run rate. Anyone got any views on what "solution" might mean in this line from the results though.... "The Group anticipates that final plans for IO#8 will be determined in 2019, however, management will only act on these plans once a sound, long-term, low-risk solution is fully vetted.
king_roster_iii
19/1/2019
09:32
Zendo I think the trend is about to change. There are plenty sitting on the sidelines re IOF waiting for the notes to be sorted. We'll see if the theory below works out. The trend you talk of happened in a period where it was well known io8 would not be coming soon and the notes and debt were a big issue for some. It's also known by anyone that follows this thread in detail that the iodine buying season kicks off with earnest in April. In the 2nd half of 2018 all we have heard is, production not meeting demand, buyers using inventories as they are reluctant to pay increasing prices and various issues with some Chile producers re costs and viability to expand due to SQMs kill the price strategy. SQM did all of that in a reduce mining period by them to cut costs. They too used up inventories of stockpiled mined caliche. Long story short we know that the price has kept squeezing up and we currently sit in the iodine buying doldrums which happens every year, yet we keep getting reports of the price rising due to lack of supply. So the default of iodine buying season kicks in towards the end of Q1. We also know the MMs are not carrying stock as when we try to buy it's typically at the top end of the offer. The difference is now, we know the notes will be sorted, we know production has gone well and we know the iodine price is rising with demand to go up shortly. We also know you can't buy many shares when those on the fence started. IOF on the cash balance are likely to be break even or a slight profit imo and now moving to profit at this rate. So on a coin flip if I wait and want some after things are sorted, I know I'd be probably have to buy them at 20p plus. I doubt I'm on my own and now some relish a pull back to get some. Typically I follow the rule of what for news and buy when the risk is lower, BUT I just think the stock won't be there at lower prices due to a lurking crew on the same plan.
superg1
18/1/2019
21:37
That's a different calculation. I want to know what the market is factoring in at the moment. Making 3-year predictions is very difficult, especially if it's about the future... 3 years ago, would you have said that Iofina would be at these levels?
zendo102
18/1/2019
20:51
Course he was taking about growth stocks. Mainly this one!
bocker01
18/1/2019
20:50
Netley said 10 times projected profits 3 years out.
bocker01
18/1/2019
17:14
Meanwhile, the share price has - as ever with Iofina - slipped back considerably after the good news. Rinse and repeat it seems. I suspect the same will happen once the funding is in place, a mad rush to pick up shares on the good news followed by declines over the following days and weeks. Yes, the funding is important, but it must be remembered that ultimately this share will be judged on PROFITS and not by the signing of a finance deal. So where are we? Full year (2018) production of 588.8 tonnes (85% pure) which is equivalent to 500.5 tonnes of pure iodine. Market cap: £19.1 million Assuming a p/e of 15, then the market is pricing in net profits of £1.27m or £2.54 per kilo (approx. $3.28 per kilo in greenbacks). Can we make a net profit of $3.28 per kilo given the recent price rises? And can we do it without IO8? I think we might just, with the promise of more to come. DYOR
zendo102
18/1/2019
16:36
Excellent news CK
rogerbridge
18/1/2019
15:57
Further good news Iodine price maintains upward trend By MICHAEL GREENFIELD, MICHAEL GREENFIELD Published: Friday, 18 January 2019 The price of iodine price has risen for a second week , while market participants query SQM’s latest proposed expansion. Iodine prices rose for the second consecutive week on Thursday January 17, with undersupply supporting prices. The price for iodine, min 99.5%, spot, delivered Europe/US, cif Asia, was $26.50-28.50 per kg, as assessed by Fastmarkets on Thursday. This was up from $25.50-28.00 per kg a week.. www.indmin.com/Article/3854549/Iodine/Iodine-price-maintains-upward-trend.html
captain_kurt
18/1/2019
13:42
cant buy or sell without negotiated trade
pictureframe
18/1/2019
09:28
mesquida - I like that thoughtful interpretation. Thanks.
pjl4
18/1/2019
07:23
Strocketman, he actually said that resolution of the loans situation " will really take the top off of the company and potentially the stock of the company ". It was me that interpreted this as meaning "the lid". It was an unfortunate choice of words, because it could be interpreted quite differently, but given the content of the rest of the interview i think it is obvious that what he really was saying was that the Company's growth plans had been frustrated by the loans, but once that was sorted the company would be able to grow and ( potentially ) the share price would rise.
mesquida
17/1/2019
22:12
Looks like they are finally getting all their ducks in a row...debt out the way, look to grow organically turning into a good investment. SP will need increase a bloody lot to get my money back, would buy more if I had the money.
beeezzz
17/1/2019
22:06
I originally thought he said in the next week, but having listened over and over, he definitely said "it should be resolved here in the next weeks and err we're near the finish line I can see it ahead but err you know hopefully we'll be able to in the next few weeks come to that conclusion..." Either way, good results on production out today, and a nice promising update.
naphar
17/1/2019
21:25
He did actually say that notes will be sorted in the next week, and then indicated the market will know in a couple of weeks. If that is going to "take the lid off the share price", then the deal should be good for us. Best day here for a while, but I suspect more to come very very soon. The loan note situation has been the overriding driver for the share price over the past 6 months. Hence I can fully appreciate Tom's comment, and expect us to settle around 25p after the next RNS. That is assuming you believe the update from Tom.
strocketman
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