Iofina Share Discussion Threads

[noli] 20/9/2013 18:38

rabby:
Take off the blinkers and look at the reality of the current situation.

We have, IO#3, 4, 5, 6 and water all to come before christmas, you make some good points but nothing you have said, we don't already know.

It's not the investors fault, its iof/investec are not putting out detailed information in the rns's.

An example of that is Hydrosorb/Maxsorb mentioned in the rns, if it wasn't for certain posters we would have no clue as to the nature of these plants. Why was a detailed explanation not put out to all. This type of information is not going to send the share price flying however if another rns turned up stating a Maxsorb had been built we would have been saying, so another 30k plant when in fact its much much more than that.

I have not seen you post too much research on here or even post for that matter, however i do take issue with comments such as (Take off the blinkers and look at the reality of the current situation). Some investors have been here for quite a while sharing information with others to try and get the full picture of what's going on. The chances are you have read the bb for your information rather than doing your own research. AIMHO

Some on here including me have done very well out of iof so far and expect much more as we move forward into 2013/2014/2015. Once you have researched the company fully as many have on here then imho you are quite entitled to tell me to take off the blinkers, but until then please don't denigrate me.

PS. Have a nice day and no hard feelings.

[monty panesar] 20/9/2013 18:37

Earlier in the year there was talk of a US roadshow. This was obviously cancelled due to LB's illness. Does anyone know if there are any plans to do one in the coming months? Also will there be any analyst visits to actually view the production facilities?

[malachey] 20/9/2013 18:24

I totally agree Scrut - once the money is rolling in (or even just in plain sight) then lack of confidence will be an impossibility.

[baguette] 20/9/2013 18:24

I also pretty much agree with rabby, but consistent with previous posts I do think that any favourable news now will be given much fuller value with a CEO in place than without.

It will be interesting to see which combination of Chris - George - Gary - Jeff - Lance attend which presentations with which groups next week.

One thought, if George has been working along with the build programme for a while, has he gained a reasonable working relationship with Lance and could he maybe find a solid role for him in the future ?

[worraps] 20/9/2013 18:19

Roboben.....yes, good point, good production news will give a big tick in the confidence box about our new CEO. I'm counting the days till Wednesday!

[worraps] 20/9/2013 18:12

The shareprice collapsed when Lance Baller became ill, and then resigned. His departure was given as the reason by most on here, for the sharp downturn. There was no other reason that was apparent at that time.

Therefore, using the same logic, the shareprice should have risen by quite a degree, surely, now that a new and very acceptable substitute has been found, and has already been successfully doing his job.

I really wish certain posters would stop re-writing history, just so that they can give what they think is a credible explanation.

I feel very hopeful that Wednesday's interims, so rumour and yesterdays RNS would suggest, is going to be good news. Steady as she goes will give the best shareprice rewards and the least volatility.

[roboben] 20/9/2013 18:12

rabby - You are right. The move from the Lance era to the Lantz era will only be welcomed by the market when it sees figures to support the claim that the appointment is a good one. Until that time it's all a bit of an unknown.

Ideally those would be figures on the bottom line. The realities of life dictate that we'll have to wait until April next year (at least) for those. On that count, then the jury will remain "out" for some time.

Failing that, evidence that he's been driving things forwards successfully in terms of developing the business - specifically, the iodine side of the business - will actually do it, provided that the figures are impressive enough.

Mention has been made of IO2 producing at 80% of capacity, but that figure is a couple of weeks out of date and the current figure may well be higher - we'll know next week.

The phrasing of the last RNS indicates that IO3 is now built - we'll know next week. Further, it's not likely that the holdups encountered with IO2's brine supply will be repeated at any other plants. The IO2 situation was unique. The move to full production should be much quicker with IO3 onwards. We should get confirmation next week.

It also seems probable that IO 3 - 6 are now under construction and actually likely to be completed and in some cases producing by year end as the company targeted. We should get confirmation next week.

If all of this is confirmed as having been accomplished under the guidance of the new CEO the market will react positively all right!

[scrutable] 20/9/2013 18:06

malachey

There is no possibility of confidence not returning in the medium and long term. The short term however is thronged with Doubting Thomases. They have been with us since the dawn of history.

The IOF results in 2014, if execution is carried out to schedule, and in the absence of a black swan, will be unparalleled with any previous investment anyone here has ever come across.

A singular resource previously in short supply will become available through IOF in the quantities needed to match the growth in global need. It will generate a 70+% profit margin - with no direct competition to erode profits. Payback on each installation will generally be achieved in 2-4 months after reaching planned output. ABSOLUTELY UNHEARD OF. Not even the likes of Xerox achieved this.

I spent the better part of my industrial life marketing capital plant internationally. If I could identify a payback opportunity within 3 years a sale was probable. With two years that was easy. I never found a 12-month payback but they exist. Only criminal activity has ever been as lucrative and we have shares in a patented process which produces tons of something scarce, deep violet in colour which is morally lily white.

You will be very lucky to find anything comparable again.

[escapetohome] 20/9/2013 17:56

6 months of consolidation - no problem and very healthy.

Bing Ping up Summer next year I expect and no problem to wait for me. Better than a big ping up now followed by a big ping down.

[mrbeavers] 20/9/2013 17:42

I pretty much agree with you rabby on most of your points as to why we're here. The gamble is still in play. I do believe though that a Ping is very much on and the current share price will start to fly again very soon

[rabby george] 20/9/2013 17:32

Och, of course a good CEO would make the share price fly, how you guys interpret things after the event to calm yourself about the sp! Only days ago everyone was crying out for a CEO and that it was this amongst other things depressing it.
The market reacts to any wee news, of course it does. Fact is it hasn't excited anyone. Currently the gamble is still in play. The news out of the company has been disappointing hence the collapse and subsequent non recovery in the share price The update everyone was crying for, particularly Scrutable and his email to the company, came, disappointed and wiped out any short term confidence.
It all hangs on the update and hard figures delivering. After that if they are less than on target all the calculations and spreadsheets in the world on here wont stop a severe correction.

Take off the blinkers and look at the reality of the current situation. All here are talking it up, all are "long term" holders, mm's are tree shaking the "weak holders" day after day, the insti's are queing up to buy at a cheaper price, the share price is being held down deliberately, loads are "interested" in buying in etc etc

Nope. The share price is treading water as news flow has been weak, it has disappointed and the market cannae be confident they will deliver next week. Everyone here maybe is confident, and thats fine. But the share price isn't telling me that no matter how it is explained away by you good folks..

[mrbeavers] 20/9/2013 16:37

Yes and let's not forget it was us impatient PIs screaming for an update!

[1madmarky] 20/9/2013 16:34

CF did his job. The share price was ahead of itself, it was assuming IO3 was in and running when it was not. Yes poorly worded and he ignored positive information that could have been included BUT he stated how it was. IO2 was not running for the best part of 5-6 weeks (electrical problems then no brine), hence the poor production numbers in the mid year update. What was he supposed to do? say all is well running as expected, when the expectation was that IO2 was done and dust at full speed and IO3 was just around the corner. My hope is we will have a steady build up in the share price before the hot money arrives again, which it will. AIMHO GLA

[mrbeavers] 20/9/2013 16:29

Hi all. I hardly ever post as my technical and research skills are not a patch on what I read here, it would just be embarrassing. However if IO2 has been hooked up to new brines and is now running at 80% as has been mentioned, then we're looking at 30mt (or thereabouts) of the purple stuff per month and that can easily be extrapolated per new plant coming online. With IO3 up and running real soon and the roll out going as planned we will have NOTHING to worry about in Iofinaland. Rest easy folks.

[phoenixs] 20/9/2013 16:12

Only returned today. Really pleased with rns, an in house ceo apptment and it appears that the roll out of plants is back on track. I think that after presentations next week, there will be buying and that share price will move onwards and upwards.

[freshvoice] 20/9/2013 16:06

Why do few trades today?

[ramu kumar] 20/9/2013 15:57

I feel market sentiment is not what it used to be with this share. Despite the CEO news the share price is struggling to stay above 150p. CF could write a book on how to destroy a quality stock - it will take a lot of effort and time for George to restore investor confidence.

At this stage, the quickest route to share price recovery is TO - maybe that was CF's plan all along!

[monts12] 20/9/2013 15:23

Robo
ok hope you recover quickly fella, nothing is more important than health!

[roboben] 20/9/2013 15:08

Hi monts!

Not sure I'll be there. Just had a minor op. Staples out yesterday. Supposed to be careful for another month, would you believe! I'll have to see how I'm feeling when the time comes. I really want to be there, but .. We'll see.

I'm sure that all who get there will have a great time!
If I make it I'll certainly look out for you.

[monts12] 20/9/2013 14:57

Hi Robo
are you coming to the presentation on Wed?

[roboben] 20/9/2013 14:55

On the balance of probabilities, my money's on roundup rather than on shonny.

[uppompeii] 20/9/2013 14:25

How'd you figure that round up?

[bobsworth] 20/9/2013 13:34

Always a good sign!