Iofina Share Discussion Threads

[awolagain] 15/3/2015 19:01

Crazy...was wondering if anyone had noticed that...that's analysts for you...not an idea!

[freshvoicem] 15/3/2015 16:49

Just like us, increased earnings and reduced price. NotLOL!

[crazycoops] 15/3/2015 13:26

Downgraded earnings forecast with an increased price target. Pure genius lol!

[awolagain] 15/3/2015 09:47

More on the issues facing SQM and all miners in Chile...it is only a matter of time before SQM will have to open the door to the facts that surround them and are impacting their business...this won't put them out of business and might be good for their Iodine revenue....if we have reduced output from Chile the market price will jump...good for those left...h

If it's starting to impact copper I bet it's impacting iodine and eventually the sleepy noodle headed analysts will wake up. Sqm share price is skittling down.

Antofagasta (ANTO) will publish full-year results after a bad couple weeks for the Chile-focused miner.

A civil court in the country ordered the miner to demolish part or all of a dam at its flagship Los Pelambres mine after locals (who blocked access to the mine) complained that the the dam altered the course of the area's river, causing water shortages.

The miner will appeal the court's decision, which could take up to two years, and is entitled to continue operating the dam in the meantime.

An RNS on Thursday said the company expects that the final impact of the protesters' action would "reduce production at the mine by approximately 8,000 tonnes of copper for 2015".

However, analysts at Barclays weren't too worried in a recent note, but did adjust their forecasts.

"The company has a reasonable track record in dealing with these sorts of issues so we would expect it to come out relatively unscathed. Both are actually a result of the extended drought in Chile which is getting worse and is already starting to threaten total country copper production," said Barclays.

"We are downgrading EPS [earnings per share] forecasts for 2015 and 2016 by 11% and 7% respectively (we increase our PT to 735p based on 12x 2016 earnings)".

[awolagain] 14/3/2015 08:58

Valparaiso fire: thousands evacuated as blaze threatens Chilean city
hxxp://gu.com/p/46jbx

[che7win] 14/3/2015 08:37

My previous TPL idea, it hasn't gone well....so far.

I've been very vocal on condemning management, both publicly and behind the scenes. Shareholders (private shareholders) a few months ago managed to oust the previous Executive Chairman and reorganise the board.

Oil prices haven't helped, but note, this is all about gas, I think this one could do well. I have held for a number of years, so please recognise my bias and it isn't without risk :-)

Anyway, I spoke to the CEO for nearly an hour yesterday with a frank discussion on the issues and frustrations shareholders have had. I am more sanguine.

I think this one has potential to move fast and soon. Sinohan deal is still progressing and I expect a resolution over the next month which will be a game changer. An easy 1 bagger minimum if that happens IMHO.
Taj and Georgia will be farmed down which makes sense to me.

Please DYOR.

[che7win] 14/3/2015 08:25

On ideas, I'm going to throw one out here, it may or may not work...

SCS recently listed on the stock market and has been rerating ever since. Part of the attraction is the high yield which they intend to pay.
It's been tipped in a couples of places, I nearly bought first thing last Monday morning at 216p, but didn't take the risk as I need the capital elsewhere.

I like consumer related stocks in this environment, high cost items like kitchens, carpets, furniture should do well.
I have a very few HDWN because if this.

SCS results out on 23rd March which might further help its rerate.

Here is the thing, DFS listed just over a week ago too (Same sector), it's had a slow start but risen slightly from the bottom. I'm thinking it might bounce on SCS results in reaction to good results?

Please note this is a trade idea, not a long term investment for me, DFS has more debt than SCS too.

Just an idea for a trade I'm throwing out here...DFS for a short term trade?

[escapetohome] 13/3/2015 22:04

TERN up today ( my actual tip) - which was not AFR

[escapetohome] 13/3/2015 21:48

I didnt even recommend AFR AS A TIP so what is your problem?

Move on old boy and get a life for gods sake. Waiting for an apology you never in one quintillion thousand trillion billion years.

FFS geta life.

[escapetohome] 13/3/2015 21:42

If you are still waiting for an apology old boy then you are one of the stupidest people in existence.

I have explained the situation wrt to apologies so move on.

[awolagain] 13/3/2015 21:24

I know we are all waiting for news and a rise in the share price....if we can all just hang in there we can have the last laugh....please read this and then think about SQM and the future price of Iodine!

hxxp://blogs.blouinnews.com/blouinbeatbusiness/2015/03/12/is-desalination-the-answer-to-chiles-drought/

[cyberbub] 13/3/2015 20:38

People might like to take a quick look at VAST over the weekend?Do your own research though...

[gadolinium] 13/3/2015 15:17

Bocker,
If you look at the bar graph in odvod's link to the average price/unit, the price of 99.5% iodine in February (the last full month available) dropped to $30.7/kg from $31.96/kg in January, edit: a two year low I think..

[superg1] 13/3/2015 14:13

A but of a dip woody as the peso has been on record weakness as of late. The copper industry seems as though it is suffering on costs. If copper sorts itself out so will the peso.

[che7win] 13/3/2015 12:54

Final piece in the jigsaw for AFR today.Escape, still waiting for an apology.

[bocker01] 13/3/2015 11:34

Odvod, doesn't that show a considerable recent increase in prices combined with a reduction in levels more recently imported - or am I missing something? Is it implying that the recent dumping in the USD mid 30s has stopped and prices are now a tad under the mid 40s?

[ridicule] 13/3/2015 10:41

superg in trying to check the latest Iodine price I am having propblems finding an accessible web site. Do you have the current price per defined quantity?

[superg1] 13/3/2015 10:29

I suppose my email calling them liars isn't of interest lol. They didn't reply or try to refute it as they know I'm right.

[superg1] 12/3/2015 16:38

Fresh

Well that fits nicely with my 6 to 8 weeks at the most estimate.

[awolagain] 12/3/2015 16:33

This month.... ;-)

[freshvoicem] 12/3/2015 15:48

2015 0f course, based on good info, from guess who.