Iofina Share Discussion Threads

[worraps] 29/8/2013 08:33

Done. Let's see.

[superg1] 29/8/2013 08:28

n3 must have lost on his shirt on QFI boggle. £50 down the drain. Still asleep it seems in his drunken stupor.

That could have bought 6 days worth at Pavan's

[naphar] 29/8/2013 08:28

Yes it is certainly intriguing worraps.

[superg1] 29/8/2013 08:24

Fire off that email worraps, you can hear for yourself. It's from a collection of things I picked up on.

[worraps] 29/8/2013 08:20

naphar, oh yes, I'm sure that will be the case, it nevertheless will be quite a test for a new man with the reins. Although, superg's last post (7660), has got me wondering!!

[joeywald] 29/8/2013 08:19

SG

Your reply to Maca confirms what I believed must be the case (post 7494). All part of the concerted "ping"!

[naphar] 29/8/2013 08:15

I suspect worraps, probably a team effort.

[superg1] 29/8/2013 08:15

Apologies

Try an iof email re who is in charge at the moment and see what you get back.

[fireball xl5] 29/8/2013 08:14

A bird in the hand.....Sparrow. Still watching superg, will see what the interims bring. Hopefully the balance sheet will provide a more balanced view.

[worraps] 29/8/2013 08:10

....just occurred to me, it will be the new CEO doing the presentations? In at the deep end.

[worraps] 29/8/2013 08:06

Yes, superg, I have noted THAT post, thanks. So, just three weeks to go. If the new team is in place, and presentations too, that should see some action. By the way......worraps is a her. Always has been.

[superg1] 29/8/2013 07:40

Nice looking QFI news for you Boggle.

I see you have a bear, or two there lol.

[n3tleylucas] 28/8/2013 23:31

Bevis Frond - Reanimation, Nürnberg, Hirsch 14.5.2013






Hmm,

Here's an interesting post from a man who's theoretically in the know on the other thread:

------------------------------------------------
superg1 28 Aug'13 - 11:22 - 7605 of 7645 2 2

Vote it down bears, you'll see. lol.

I had a full look at the SQM results, they did 5k mt v 5.7k mt last year.

That will be the other Chile guys, so a collective 700mt, between them taken out of SQM's pot.

Sirocco had some of that, then you can split the rest with Algorta, Cosayach and Scm Bullmine.

I've no idea re Cos opex , but Algorta and SCM are said to be in the 40's.

Sirocco say they are going on an inventory build H2, so that takes 600mt plus out of the supply market for H2.
------------------------------------------------

Now, lets get this straight, if anyone snuk 700Mt of market demand away from SQM it certainly wasn't Sirocco, while SQM lost 13% of iodine sales by volume YOY, Sirocco lost 29%.

So adding them both together that makes circa 900Mt of iodine that someone else has supplied in H1 2013 (assuming that base demand is as robust as SQM said).

As far as SQM's OPEX is concerned from the announcement it is fairly straightforward to calculate SQM's cost per kilo at circa $21.051 in h1 2013 based upon their statements.

Sirocco had close to 300Mt as of the end of h1 in stock and assuming they will produce 850Mt in H2, will have to sell somewhere between 350Mt and 750Mt depending upon whether their strategic stock objective is 800Mt or 400Mt. So the most that will be 'taken out' of the market in H2 in comparison with H2 2012 (when they sold 557Mt) by this stockpiling is 200Mt (sorry not'600Mt plus').

If SG expects to maintain any credibility, even amongst his acolytes, I would suggest investment in an abacus and at least some visible attempt at rudimentary analysis might be in order.

One thing is clear. Someone (and it's clearly not IOF) has been eating (or is that selling?) the big boys' porridge and as a result price stability in the iodine market may be going to hell in a handbasket.

Whatever your view of IOF's projected OPEX (and I'm afraid my view is still that until they publish a set of accounts that supports the OPEX claims in detail I'll continue to be sceptical), a lower achievable price for the finished product is not good news, no matter how hard it is spun.

And someone is clearly spinning very hard indeed. It's just a pity their research appears to be so thin.

M

[supreme mo] 28/8/2013 23:18

Helium shortage leaves balloon business deflated. Interview with Bo Sears. Interesting Weil are considering floating (no pun intended)http://m.theglobeandmail.com/report-on-business/helium-shortage-leaves-balloon-business-deflated/article13947162/?service=mobile

[festario] 28/8/2013 22:07

Titus, and others.
I am gratified that you will in future use the TA thread to post your eloquent prose in relation to technical analysis. After all, that is the correct vehicle for it.
If you do so, then I can choose to 'leave it'.

I am not opposed to TA in principle, it is just that I have been embroiled in the last few years in many shares where supposed TA experts infest the boards with coloured lines, amateurish graphs and jargon which might as well be in Klingon.
Sadly, they are almost always WRONG, and expensively so.
Therefore I have concluded, with much sadness, that one has considerably more chance of being correct by flipping a coin, than you have with so-called Technical Analysis on the vast majority of shares.

[bogg1e] 28/8/2013 21:29

Cool. Everytime Hurricane mentions something, good news usually has followed. At least for the last 3 times anyway. Cheers Hurricane.

[hurricane.] 28/8/2013 21:26

There is no light at the end of the tunnel.
For the shorters and the derampers.

[n3tleylucas] 28/8/2013 20:49

"I'm not sure why TA often brings up strong emotions."

Quite simple really, there will be times when the charts are bearish. That's when the TA guys get the stick.

... and it's not perfect either, so a bullish signal could be wrong. Like most things, it's a percentage game.

[madchick] 28/8/2013 20:14

Titus, I also like your posts and I enjoy reading about TA and believe it is useful for improving entry points for investors (ie, it's not just for traders, either, IMO). I'm not sure why TA often brings up strong emotions. People can just take or leave it. Thanks for posting on LSE and I'm sorry I didn't reply (I'm glad Lib is talking to you!), but I just don't have anything to say at the moment and I'm starting to bore even myself over there! See, I can't even think of anything now, other than "thank you"!!

[jackster193] 28/8/2013 19:30

Titus... I too enjoy reading your insights into the world of TA and hope you keep posting.
Your posts also add to my vocabulary (I have to check my dictionary occasionally) :)

J.

[the librarian] 28/8/2013 19:23

It's not a waste of time Titus, thoroughly enjoy your take on it and without a doubt you were absolutely correct in your evaluation, brilliant analogy and hope you do post on the TA thread when you think it is purposeful.