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IOF Iofina Plc

21.25
0.15 (0.71%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Iofina Plc 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
  0.15 0.71% 21.25 20.50 22.00 21.75 21.00 21.50 603,671 14:00:36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 42.2M 7.87M 0.0410 5.18 40.77M
Iofina Plc is listed in the Offices-holdng Companies sector of the London Stock Exchange with ticker IOF. The last closing price for Iofina was 21.10p. Over the last year, Iofina shares have traded in a share price range of 19.00p to 37.50p.

Iofina currently has 191,858,408 shares in issue. The market capitalisation of Iofina is £40.77 million. Iofina has a price to earnings ratio (PE ratio) of 5.18.

Iofina Share Discussion Threads

Showing 74726 to 74748 of 74750 messages
Chat Pages: 2990  2989  2988  2987  2986  2985  2984  2983  2982  2981  2980  2979  Older
DateSubjectAuthorDiscuss
24/5/2024
17:30
What's the saying Sell in May buy back after St Ledgers..
beeezzz
24/5/2024
14:26
What a mess the share trading is today. Not following any sort of sense to the trades going through.
beercapafn
24/5/2024
09:11
Chillpill: Thanks for your constant flow of information, it is much appreciated.
beercapafn
24/5/2024
09:06
Confirmation in the SQM earnings call the new water pipeline won’t be finished until 2026 at the earliest- delayed at least a year- all confirms the higher prices for longer thesis.

Seen nothing else recently on Cosayach whose mine expansion has been refused meaning imminent closure of a 2500t pa facility.

A fall of in the iodine price has been the biggest concern but being increasingly clear that isn’t a big concern. As SQM say the price could yet surprise to the upside.

chillpill
23/5/2024
23:24
Tut tut... how rumours begin!
pjl4
23/5/2024
15:00
Beer, There is no departure of Lance so what would they mention….
naphar
23/5/2024
14:49
I thought the presentation was good. To have Malcome on the screen the whole time was a distraction.

Disappointed that the departure of Lance was not mentioned.

beercapafn
23/5/2024
09:27
A mere 27 views so far.
chillpill
23/5/2024
08:39
Disappointing share "buys" appetite today after a positive presentation.
beercapafn
23/5/2024
08:31
Reading between the lines they want to build 1 1/2 plants a year. I think the general plan is to spend upto $8-9 a year on Capex so to expect any dividend will need cashflow above that.

If iodine prices stay at current level and IO#10 and IO#11 are both operational this time next year then yes I think they might consider a maiden dividend.

chillpill
23/5/2024
08:18
It was a good presentation yesterday and plenty of time set aside for answering questions which were informative.Steady progress perhaps not as fast as many would like but the company has reduced many of the risks that were there and with each new plant that should give the board more confidence.I think the company will be more willing to consider a dividend or buyback once net cash is above $6m as that level will exceed the annual capital expenditure on new plants so unless they then consider acquisition what are they going to use the excess for?
redstone64
23/5/2024
08:16
Planning to
naphar
23/5/2024
08:12
AGM on 13th June? Anyone here going?
nellyb
23/5/2024
07:59
Yhe payback time has been 3 years for quite a while now and the plant expansion plan has been very poor. They put in place financing for plant expansion and it is still there. It was a very weak response regarding buyback or dividend. Cash generation is enough to do one a year and do a dividend. The chemical derivative side expansion has been poor. Every year the AR and interims mention expenditure on derivatives and non iodine products but there never seems to be any real change.Btw, a better presentation but plant or chemical expansion has been way less than expected and I think now most people are waiting to see them deliver. And the reduced profit this year due to increased brine payments.
fft
23/5/2024
07:35
Agreed. It was the most informative and best presentation so far.
jwoolley
23/5/2024
07:24
SQM results overnight with the following extract:
“We believe that the global iodine market demand could grow ~4% in 2024. • Given the expected demand growth and limited new supply, we believe the price could remain stable for the remainder of the year, with a possible slight upside.”

Watched the Investor Meet presentation last night which for long term investors is a must watch.

I thought it was the best presentation Tom has done.

Key points for me from that:
-They recognise they need to pump more through IC to drive margins.
-Payback for new plants is less than 3 years- key metric.
-New animal nutrition product coming online during this year.
-Iodine price for Q1 above $65 for Q1- a bit higher than SQM.
-Inputs/chemicals make up around 40% of cost of sales- higher than I thought- one of the key variables.
- IO#10 is not with Ovintiv despite being 2 miles down the road.
-Multiple discussions for IO#11 but very advanced.

chillpill
22/5/2024
12:33
Why not ask today at the Investors meeting in half an hour...
tackems
22/5/2024
11:36
The sales and Marketing manager, Ken Sullivan has been in place for 10 months, Maybe to soon to expect a change to last year, but I would expect a positive impact this year and it would be reassuring to have an an H1 update on IOC, with his Bio I expect him to hit the ground running. Remember all the IOC upgrades to production and laboratories.
activmojo
21/5/2024
19:34
Many have been critical of the expansion of Iofina Resources but I am more critical of the failure to improve volumes and profits through Iofina Chemicals. Why haven’t they been able to increase value added products?
chillpill
20/5/2024
22:01
Is Weakness In Iofina plc (LON:IOF) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
beeezzz
20/5/2024
08:31
Tom in his post results interview indicated IO#11 is down to a couple of options. My interpretation of what he said was at least one of those options is in that area- Kingfisher/Altona direction.

Commodities are starting to go up again as structural shortages in metals such as silver and copper hit home.

chillpill
20/5/2024
07:53
Chillpill: So do you think IO#11 is likely to be in the same cluster. ?
beercapafn
19/5/2024
09:31
Just checked the location of IO#10 and it is 2 miles due west of IO#9.
chillpill
Chat Pages: 2990  2989  2988  2987  2986  2985  2984  2983  2982  2981  2980  2979  Older

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