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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
  -0.575p -3.84% 14.45p 14.05p 15.95p 14.45p 14.45p 14.45p 183,538 09:41:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 20.8 -9.8 -7.6 - 18.43

Iofina Share Discussion Threads

Showing 84601 to 84623 of 84625 messages
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DateSubjectAuthorDiscuss
21/1/2019
11:40
If stocks at distributors have been reduced, as previously reported by indmin, then the demand may increase quicker than usual this year, resulting in at least $30, and perhaps $35 or higher in the first 6 months. Another one to watch! That in itself, hugely impacts profits.
strocketman
21/1/2019
10:39
Quite Squire. However, there are a few traders here, who will cash profits early. Whether they will get a chance to re-buy without losing out is another matter. The time window on this phase will be weeks not months. That last RNS was excellent. The next should be game changing. Quite happy watching events unfold this year as I don't want to miss the big re-rate, which is surely coming soon based on the last RNS.
strocketman
21/1/2019
10:27
MM's looking for shares imo - tree shake
pictureframe
21/1/2019
09:15
New deal could mean new lenders or owners, whatever it is, on paper means new recents highs ;-) so just wait i say ...
squire007
20/1/2019
19:00
Strocketman I have earthquake alerts set up since the Oklahoma, Japan and Chile quakes disrupt iodine. Chile has been unusually quiet on the bigger quake front but one over 6 tends to be followed by others.
superg1
20/1/2019
13:51
I see there has been another earthquake in Chile. This highlights the risk to consumers and distributors of running stocks low as they did last year. I can see this being a trigger to distributors wanting to increase stocks again.
strocketman
20/1/2019
12:49
Can't see prices being under $30/kg for long if in the 2nd week of Jan They have increased by $1
captain_kurt
20/1/2019
12:39
Tom was as positive as I can remember seeing him. The management have gained valuable information on how to tweak the best out of each individual installation. Great care (if frustrating time wise) has been taken regarding placement of the new installation. So I am pretty confident it will be a cracker. As SG has said, there is a difference between what SQM say that they are able to produce to what they are actually producing, hence the gradual price increases that we have seen.Large buyers must be wondering if supply is matching demand, why are prices increasing? Another couple of months and we may see large buyers bidding up to secure supplies. Once the loan notes are sorted, it is looking very rosy here.
rogerbridge
20/1/2019
12:11
'a 50p MBO would be derisory' Any kind of TO on the cheap has concerned me for some time. If these loan notes are resolved, as has been mooted, then we may at least get a realistic offer.
joestalin
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
Chat Pages: 3385  3384  3383  3382  3381  3380  3379  3378  3377  3376  3375  3374  Older
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