Iofina Share Discussion Threads

[che7win] 20/3/2015 13:44

eddy,
yes, we are looking to get some expansion this year, think IO2 type margins.

Regardless of new plants, iodine production will likely increase over 50%, extrapolating the six existing plants running over the full year 2015.

[rhwillcoll] 20/3/2015 13:44

Level 2 seems to be strengthening right now. The seller appears to have dried up.

[neddo] 20/3/2015 12:40

I see act popping up now and again ,what a difference the filter makes? seen and not heard.

[neddo] 20/3/2015 12:38

two weeks since the meeting, shush ?

[eddyeagle1979] 20/3/2015 12:29

I have not been following closely here for a while - still hold a small parcel of shares - but does anyone know what is going on with the plant rollout? Are we looking to get some expansion this year?

[arlington chetwynd talbot] 20/3/2015 12:18

I don't trust you.

[che7win] 20/3/2015 12:15

Maybe I'm in a minority here,
but I have to hand it to management, they have done an incredibly good job in turning around IOF and putting us on a firm footing.

Looking in hindsight, they have worked diligently and intelligently to set the current business on a firm footing amidst the storms of oil and iodine volatility.

I'm looking forward to the imminent quarterly iodine results and full year results.

Strategy being nearly finalised, I am fully behind a wait and see approach, I believe they are on top of their game and their approach gives me confidence that this business is in safe hands.

They have come through last year with a sizeable, growing cash balance, strong growth and a business poised for further strategic expansions.

The wheels are coming off the Chilean operators, meanwhile we are moving into a period of sustainable growth ahead.

Anyone looking for a reliable local partner in the US with an ethical approach to iodine production and derivatives, only one place to come knocking and thats Iofina.

Just remember, we are a geared play on iodine, the upside potential is incredible and remains here so the patient will be rewarded.

IMHO.

[joeblogg2] 20/3/2015 12:15

Good to see a bit of blue but in a few months if SQM's troubles continue then with iodine prices being more realistic, we should do well.

[monkeymagic3] 20/3/2015 12:15

I'm still not sure what IOF have done.

[superg1] 20/3/2015 11:55

SQM

The analysts.

I took my time but I get what they think now due to comments made.

They think SQM took down the price, took down costs, and increased production. In doing so they could get back to 30% of the market and the lower price would be offset by higher production.

What they have actually done is close a mine and plant to get costs down and dropped 2,500mt of production.

In Q3 they said they had 28% of the market. In the full year results they said they have 26% of the market (8,216).

SQM investors and most of the analysts have yet to realise what SQM have done.

[arlington chetwynd talbot] 20/3/2015 11:53

Surely even you can find heavy iodine usages in non-food areas Andy? And why have you no posts on your profile page?

[andyhayward1990] 20/3/2015 11:43

New Recommendations Call for Iodine in All Prenatal Vitamins

"The US Council for Responsible Nutrition's new guidelines call for all dietary-supplement manufacturers and marketers to begin including at least 150 μg of iodine in all daily multivitamin/mineral supplements intended for pregnant and lactating women in the United States within the next 12 months."

www.medscape.com/viewarticle/840056

[gadolinium] 20/3/2015 10:18

Dan,
Your confused with my other neighbour Terbium.

[gadolinium] 20/3/2015 10:08

Super,
I know what you mean, but that's all farmed out now, I'm at the grandchildren stage.

[superg1] 20/3/2015 09:57

Gad

Get some kids and instead of waiting 16 years for a weird day, you get one every day.

[danwaits] 20/3/2015 09:49

Take no notice of Gad. I know Europium and certainly wouldn't call him nubile. He's 300lbs and does security at our local KFC.

[gadolinium] 20/3/2015 09:44

The Sun Dragon has now retreated from the sky. Fortunately I was able to persuade my nubile young neighbour, Europium, to perform the prescribed ritual laid out in the 'Chronicles of Job the Despondent' and dance naked with clashing symbols on my back garden in order to drive the Sun Dragon away.

p.s. Mrs Gadolinium is on holiday.

[superg1] 20/3/2015 08:57

aha

I was mid kids school chaos so thanks.

[jointer13] 20/3/2015 08:33

march 4th 2014...march 17th 2015

The class action, filed in United States District Court, Southern District of New York, and docketed under 15-cv-02106, is on behalf of a class consisting of all persons or entities who purchased SQM securities between March 4, 2014 and March 17, 2015, inclusive (the "Class Period"). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").

[ridicule] 20/3/2015 07:53

Napoleon, I agree with you re the lack of news from IOF. My understanding is that the lower oil price and its effect on the production plan of various frackers has more to do with the delayed strategic review than the water permit. There is still an intention to announce a strategy in the near future.
I suspect the end of Q1 will bring news on latest production rates, the water, and a strategy going forward. Selling now with all this impending news seems silly unless you are a margin T trader, hence the moribund share price.

[awolagain] 20/3/2015 07:31

They have been caught with their pants well down. However their share price does not reflect that as there are diff buyers that still want the stock?
I guess they are not doing any research....must be funds!!

[superg1] 20/3/2015 07:11

An interesting line in another report.

"As one of the largest fertilizer company with massive tracts of nitrates as well as lithium within Chile, SQM investors are beginning to fear the worst for it."


If the end users react in a typical fashion then they will start to stockpile iodine just in case SQM have production issues.

They will assume due to the price drop that the market is flooded with iodine, but it's not the case, SQM forced the price down.

So if inventory building does start, they will soon find out it may prove difficult to achieve.

[superg1] 20/3/2015 06:43

Hmmmm

This is a new topic in the class action growing posse. Note the last line.
It's what I have been saying. I did ask one firm if they were going to consider possible breaches of section 18, other sections had been quoted. Sec 18 covers misleading statements.

The one analyst certainly thinks he has been misled, not just in the last conference call, but in prior calls and details they have not included.

IMO closing the mine and plant was material and they should have told investors via the normal route. Then in that last call Contesse made comments to suggest they had produced more in 2013 than in 2014. As the sales in 2013 were 10,800 mt. Analysts took the comment to mean they had produced and sold more in 2014, which should prove to be quite a big lie when the figures appear.

'The Rosen Law Firm, P.A., a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of Chemical & Mining Co. of Chile Inc. (NYSE:SQM) resulting from allegations that SQM may have issued materially misleading business information to the investing public.