Iofina Share Discussion Threads

[outfly] 07/11/2013 08:29

Wow, what's gone wrong here. I bought these at £1.85 just recently.

[leeming] 07/11/2013 08:28

Interesting L2 this morning...offer seems to be loaded heavier than of late.

[johncsimpson] 07/11/2013 08:26

superg1 - 7 Nov'13 - 07:43 - 10704

Every now and then I see or hear something which I find quite profound which makes me sit up and to which I can readily identify. Where and when I can, I note these 'gems' down - so in a similar vein from my 'Book of Wise Words':

Those who do most are always being told by those who do least that they're not doing enough.

[captain_kurt] 07/11/2013 08:21

Top up bargain territory imo

[escapetohome] 07/11/2013 08:08

Answer: Volumes would increase giving them the opportunity to buy back the shares.

[superg1] 07/11/2013 08:08

Just to add

That's why I'm negative on some shares as I take the long term view.

With some I really can't see how they will still be around with what they have, but investors pile in on the hype, the market calls them momentum shares.

On IOF I looked at the long term view back in early 2011, and it looked very attractive with the Atlantis prospect.

By the time I had got to grips with it all, it had changed to a better prospect due to progress on contracts and tech, then when I got to grips with that, up the prospects went again.

IOF has the vision to make money when iodine was $25 per kg. They had no idea the price would rocket. They have forecast opex well below $25.

If the price was still $25 per kg then I suspect every Iodine producer in Chile would be on big losses, which of course can never happen, as they control 60% of the market, unless of course anyone in control of IOF took production levels forward at speed and did so with the intent of destroying the Chile competition.
It's not fantasy, if IOF had the cash, they could do it right now.

It's not very long back, in fact this year, where a sudden step change happened in the business.

For a long time, after research, I kept posting about my hope that they, have a number of the first few plants in Oklahoma. The next thing we saw, and being executed is that all the current forecast plants are going into Oklahoma.

They also have good ppm elsewhere in 3 more states, I'd put Texas as the number 2 iodine state and there is no brine lease issue there.

Texas has just under half of all the produced water in the united states.

Where I think the iodine hotpot is, a boom is going on.

So many here look at the micro view of delivery over a few weeks or months and are concerned re that.

If I think one or two years, will they have up to io6 complete? It would take a massive failure by the team alone to not be in that position. The surrounding circumstances in the iodine market show that if demand dropped and thus prices then some suppliers would simply disappear thus securing the price.

If it went below $20 per kg, then in theory there would be no one supplying or interested in supplying iodine, that is essential and irreplaceable for many products.

On forecast opex it looks like IOF would be the only survivor. In theory by virtue of bulk buying of chemicals, IOF opex should drop.

So yes I see it as a very lucrative long term investment, based on what they have, and all the very long term problems the biggest suppliers in the world have.

[escapetohome] 07/11/2013 08:06

What would happen to the share price in a market rout? Is that what enis are waiting for?

[johncsimpson] 07/11/2013 07:06

re SG comment from last night 'By the way Sirocco Q3 results out tomorrow, late in the day of course being Canadian'.

Wouldn't it be wonderful if IOF updated re production or water permit in the next 24 hours, leaving Ennismore's analyst 'bricking it' to quote another.

[n3tleylucas] 07/11/2013 00:07

Keith,

We need L2 tomorrow bud... you maybe Totnes, but these guys are Cheltenham & Stoke and they're bricking it bud

[rogerbridge] 06/11/2013 21:59

eeza, the wife also has IOF shares so she understands the situation.
I agree it is not plesant looking at the share price.

There are a number of investors have reasonably large funds tied up here, some, like myself have well over £100k, other long termers have considerably more, (paid for shares) even at current values.

We are all keen to see the share price move upwards.

If you do not believe in the business, maybe the best thing is to sell and invest in something else. If I could see a share with better prospects than IOF, I would consider moving on, but I believe in the future here.

[florence10] 06/11/2013 21:40

Ok for the "over 90s"

[bones] 06/11/2013 21:39

.... and in death, all your worries are over. Simples!

[bobbyshilling] 06/11/2013 21:29

There are two ways of looking at this Eeza. I am grateful to still be alive; I'm getting on but I'm not old old, if you see what I mean. Money is good, but health is best.

[timbo237] 06/11/2013 21:16

Eeza

The logic of your argument is that you become a day trader and liquidate everything at the close of business each day and start afresh on the next. Hardly investing!!

[monty panesar] 06/11/2013 21:14

Eeza,

Obviously not from the Warren Buffett school of investment!!

We all have different ways of progressing towards our graves!

Good luck.

[timbo237] 06/11/2013 21:02

SG

That's part of what makes this share the best investment I personally have come across and by the way can I thank you for the thousands of hours you must have spent researching this company and its markets and more importantly sharing it with the rest of us.

[superg1] 06/11/2013 20:53

Timbo

Very nicely summed up.

The key point in all of that is the business is easy to understand and we can see what the progress could be and what revenues that could mean. The iodine market is linked to 100's, probably 1000's of products, and is not confined to any particular industry and is as worldwide as any product can be.

I look at other huge potential shares and those that rave about them, but not One investor would have the first clue about what sales they could achieve, where, when, or who too, but logically it looks fantastic.

Sometimes that is an easier option, as equally there is no argument against growth that you can't predict in the first place, but it is very high risk.

Best to stick with what you know, and understand, otherwise you are investing blindly into the unknown. If you don't know which way to look in a sphere of infinite directions, how can you ever see a silent juggernaut approaching.

By the way Sirocco Q3 results out tomorrow, late in the day of course being Canadian.

[florence10] 06/11/2013 20:38

Lance would not be selling at these levels,he knows true value.

[rogerbridge] 06/11/2013 20:34

I agree, the business model is first rate and I am bullish on the future, even not including water, oil and helium.
Ride this short term blip out and top up.

[brhukatee] 06/11/2013 20:22

US selling Bag? Some would certainly be claiming the opposite if the shoe was on the other foot? Personally, I think there is very little buying interest and thus our good II shorting friends can smash this daily at very little cost? For the move to be effective though I think they need to induce a lot of selling and that doesn't look likely this side of 1.40? Needs news much more solid than has been forthcoming in the recent RNS's (some of which have been awful in my personal opinion) to steady the ship once and for all?