Iofina Share Discussion Threads

[uppompeii] 21/12/2013 09:44

Since some are talking of going to the FSA is might just be worth pointing out that the FSA is no longer around. There are now two regulatory bodies, the PRA and the FCA. This really makes it apparent that some pi's don't read beyond these threads, this has been all over the financial press and media.

[che7win] 21/12/2013 07:38

There was a rich King long ago in a kingdom who treated his people fairly and justly.

All the people did was to continually moan and complain about their life and the taxes they paid.

One day, the king put a broken apple cart in the middle of a busy road into the city. It was heavy and not easily moved.

The people complained bitterly about the cart blocking the road for weeks and weeks. What were they paying their taxes for? Day upon day they happened upon the cart and walked or rode their horses off the road, into the ditch and around it.

One day, a noble gentleman happened upon the cart on his travels that was hindering his progress. He got off his horse and worked and toiled to move it off the road and out of his way. Everyone else watched and criticized the way he pushed and dug and toiled. Some called him an idiot.

Underneath the cart he found a bag full of gold coins. A note was attached.

It was from the King:
"Well done for taking the time to move the cart. While others go about complaining about their lives and the obstacle, you have taken the initiative and made life easier for everyone.

Your reward is this bag full of gold".

[bazzerp] 21/12/2013 06:16

Jackabite 20 Dec'13 - 23:57 - 13848 of 13861 3 0 (Filtered)

ramu kumar 21 Dec'13 - 00:17 - 13849 of 13861 6 0 (Filtered)

ramu kumar 21 Dec'13 - 00:26 - 13850 of 13861 4 0 (Filtered)

[jackabite] 21/12/2013 01:35

No I won't, I don't drink alcohol. :)

nn xx

[andy] 21/12/2013 01:33

Yes the old ones are the best!

[ramu kumar] 21/12/2013 01:22

Sand, please continue your posts - I love your humour.

[ramu kumar] 21/12/2013 01:21

sand, good one - been a long time since I heard that!

[sandbag] 21/12/2013 01:19

Ramu

I said I wouldn't engage you any more but I just saw this and as you are a civil engineer I had to post it.
----------------------------
What's the difference between a civil engineer and an aerospace engineer?

Aerospace engineer's build weapons, civil engineers build targets!

---------------------------------------------

Goodnight!

[ramu kumar] 21/12/2013 00:57

sandbag, my apologies - vertical reading and all that...

Now the reply after reading your post completely - takeover is completely different from fair value. Many companies get taken over at a considerably higher price because of the technology, potential, etc. etc. instead of the fundamentals.

Sand, sorry I cannot answer that question.

[sandbag] 21/12/2013 00:50

I see Jackabite's still up. He'll be on the Irn Bru in the morning!

[jackabite] 21/12/2013 00:47

£2 was a blatant ramp!!!

[sandbag] 21/12/2013 00:43

Ramu

It was a hypothetical question! Did you not see the word "if" in che7win's post?
(Please read that statement again, very carefully)

FFS lighten up man! You're cracking up! Seriously!

I won't engage with you any more so don't bother answering.

Good Night and I honestly offer best wishes to you.
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edit:

ramu kumar
21 Dec'13 - 00:33 - 13852 of 13853 1 0


Sandbang, where did you get the £2 takeover info from - this is the type of posts that hyped this stock.
--------------------------------------------------
Ramu,

it wasn't info it was a hypothetical question

------------------------------------------------------

[ramu kumar] 21/12/2013 00:33

Sandbang, where did you get the £2 takeover info from - this is the type of posts that hyped this stock.

[sandbag] 21/12/2013 00:29

Ramu,

che7win, whom I've never met, has said "I suggest you step back, calm down and look again in a cool, calculated manner." This is almost exactly what I have said to you. Being bitter and posting vitriolic posts may make you feel better
but does nothing for this BB and nothing for your credibility.
Also as che7win said "Would you be posting the same posts if in a weeks time a 200p takeover offer landed at our feet?"

[ramu kumar] 21/12/2013 00:26

Freshvoice,

I never said I couldn't afford to lose. It's a large sum to lose and I'm not the only one to lose such large sums (paper loss).

AIM has rules and I am reasonably confident IOF BOD & SG can be challenged for misleading investors. If you wish to be educated in this area, please google - the internet is a mine of both good information and Superpooh's drivel.

Gambling too has rules - go and get yourself educated before you shoot your mouth.

[freshvoice] 20/12/2013 23:55

Again RAMU
WHO MADE YOU SPEND Six figure sum you couldn't afford to lose.

This is AIM, a gamble. If you don't want to gamble put your money in a bank, or better two because100k isn't absolutely safe.

Now please Either sell or shut up.

[che7win] 20/12/2013 23:54

Ramu,
I'm not here to get into a squabble, believe me when I say I'm suffering from this mess.

However, I see light through the tunnel, this company has solid prospects in my view and management are working hard to deliver that.

You have to understand that we have new management with a fresh perspective on things and a different wsy of communicating the facts.

As long as they continue to progress the business, and they are doing that, value will be rewarded to shareholders.

[supreme mo] 20/12/2013 23:52

Ramu... As sandbag says many posters on here have met at investor presentations, AGMs etc.I guess superg1 kept away because he was in a no win situation - if he stayed away he gets stick, if he tried to reassure then he gets stick. I have to be honest and say I switched off for a couple of days becsuse it's impossible for me to keep up to date and I knew reading the negative posts wouldn't do me or my thought processes any good.Everyone is in the same boat at the minute mate - tens and hundreds of thousands of £ down this week alone. Do I think it's a scam or a fraud?? Absolutely not. I think poorly worded rns combined with high leverage on the way up and down is the most likely cause. Not so long back Chris Fay (ex shell top man) was buying at £1.50... this week he bought £150 k worth!!! Now even he is £20k down on that!!! The business is producing and given time should generate earnings and steal market share from big players because of huge cost advantages. It's too easy to focus on short term price... take a 2 year view from here.... :-)

[ramu kumar] 20/12/2013 23:47

che, if anyone was here from morning to night it was SG pumping his drivel. Many investors have lost significant amounts financially and credibility amongst their family and friends. Just look at the posts as recently as 6 months ago and you'll be shocked to see the projected numbers for share price at year end.

Che, show me ONE of my post that was drivel and I will show you TEN from SG. See my post on 29 November, well before the share price tanked and that will confirm everything.

Finally, unlike SG I do not post everyday morning to night - just occasionally, so please get your facts right, something that is seriously lacking from IOF BOD and the PIs.

[che7win] 20/12/2013 23:32

Ramu,
So why do you stew here from morning to night posting drivel and blaming others?
How is your posts here helping your own position, your friends and their families?

It seems you are using this board as therapy, it is doing no one any good.

I suggest you step back, calm down and look again in a cool, calculated manner.

Things can look very different with a change in sentiment.

Who's to know whats around the corner, there surely can't be too many sellers left around this price.

Would you be posting the same posts if in a weeks time a 200p takeover offer landed at our feet?

[ramu kumar] 20/12/2013 23:18

dig, liked your last para. You and I know life is not ALL about money - I'm really angry and hurt because I opened my big mouth and recommended this stock to some of my really close friends and will be meeting these guys and their family over the festive season. Can't even look them in their eyes - like me they are sitting on six figure losses but calm, however, for me friendship is more important and I hope I do not lose my friends. I've lost a lot in IOF but I did make a wee bit in GRPH and RMG, so all is not lost.

[sandbag] 20/12/2013 23:16

Ramu,

When I first invested here I seem to remember it being said that by having a CEO with CF's background (Shell& Weirs) opened doors. I believed that then. Since that time I don't feel it has mattered (what doors have we needed to be opened?) and I feel a more dynamic (American)type would be more suitable.

[diggulden] 20/12/2013 23:03

I agree with you there Ramu, I was hoping that with the appointment of a 62 year old, Lance would still be playing a large role in the company, but I don't think that is the case any more due to health.
It needs a dynamic and energetic man in charge, Mr Lantz has everything to prove at the moment.

I do have to remind myself that this was a 20p company two years ago, when I think the difference between when I first invested and where they are now, they have moved forward massively, just not at the pace I hoped for or the pace that was communicated by the board.

I still remain confident in the long term prospects though, who knows how the market will take things moving forward, I feel this company is going to be measured on hard cold numbers now, not potential.

EDIT: How long until your children are grown? Maybe I could start a fund now for you to go to Oklahoma once the kids are grown and take over plant builds, now that is long term investing!