Iofina Share Discussion Threads

[heavyhaulage49] 23/12/2013 22:15

Che7win - With all due respect it is you posting claims about water worth being 80 plus etc, and therefore it is down to you to provide solid figures to back them up.
Thanks

[che7win] 23/12/2013 22:12

Ramu,
One more figure for you if it helps to build the jigsaw.

I believe on the current 3 plants and recycling and derivatives business, if we stopped right now we are are earning 5.7p EPS.

Current P/E less than 15 and a doubling of plants in the next few months.

I hope that helps?

Now, let's see your figures.

[ramu kumar] 23/12/2013 22:07

Oh guys, in case you need to refresh your memory, Che is our esteemed poster who spoke to IOF FD, Gary. Gary gave an upbeat statement which was diametrically opposite to the latest RNS.

Gary can afford to say what he likes because he has approximately 26k shares which is CONSIDERABLY less than what most of us have! Need I say more?

[ramu kumar] 23/12/2013 22:00

CHARMING, poster one posts numbers and poster two has to justify them, typical

Welcome to IOF ramping BB

[che7win] 23/12/2013 21:55

Ramu,
Normally I would respond to your request, at least I would have in the past, but I'm beginning to think that not enough posters on this board work the figures out for themselves.

Rather than ask me to do the work (which I've done), I think it's better that you work out the figures for yourself, then come back to me if you disagree with mine and say why.

I am under no obligation to share my research, I've done that in the past and I don't need to 'hype' this share up, the business will do the performing.

I also don't care where the share goes in the short term as I am neither a buyer or seller.

I will give you a head start, I work on $20 kg raw iodine costs, $45kg sell costs, 20% mark up for derivatives.
I believe I was first here to talk about $45kg iodine prices months ago, so please don't accuse my own view as woolly. I was the first to use those figures.

Everyone is entitled to their own view, if you disagree with me, that's fine, I don't mind, but as you're doing the criticism, back it up.

So let's see your figures first.

[ramu kumar] 23/12/2013 21:25

Che,

I cannot figure out your P/E numbers or EPS. Whilst I appreciate P/E can change, how do you arrive at your EPS.

Sorry Che, as much as I like your posts, these are exactly the type of posts that hyped this share and we need to put a stop to woolly EPS and projected P/E (which will be extremely low in view of the previous hypes and current investor sentiment).

C'mon mate, put some facts into your figures, or like they say in my neck of the woods, put some oak in it matey!

[che7win] 23/12/2013 21:01

Let the figures talk for themselves...

Next years P/E is 8.5 based on a conservative 10p EPS, the year after around 3.8. Those figures could be 30% either side of that but the current share price takes no account of any growth.

Sentiment can change fast; if it does a P/E of 30 wouldn't be excessive meaning a £3 share price for triple digit 120% growth.

The stepping back of Lance from day to day operations had a bigger impact than I expected but new management have only been in place three months and deserve a chance. I believe they will surpass the targets above; either that or the company is taken out.

Ignore the derampers, they were wrong most of the year due to bullish sentiment and they will be wrong once again when that returns.

The above doesn't take account of the non-core water application which would be worth up to 80p a share.

Another few months we will have doubled our iodine plants, by the end of next year we will have tripled them and have a few mobile units. The picture will look very different then.

Iodine prices in December are steady according to Indmin at around the $50/kg mark.

DYOR

[ramu kumar] 23/12/2013 20:38

iofra, re post 13988,

As you so kindly chose to repost extracts of my posts out of context, I feel you deserve to be quoted in full - just ONE of your posts a month ago.

21 Nov'13 - 12:13 - 11462 of 14006
Yes neddo 3 plants producing with increased efficiency on the first two giving record production. Patented process that works at full scale. Later builds delayed because of supplies from manufacturers - but when they arrive we know they will work.Lots to look forward to short and long term.

Please do not be judgemental of others when you're clearly making incorrect sweeping statements, thanks.

[ramu kumar] 23/12/2013 20:24

alwilliamson, post 13987

Who's talking dross? See your post less than 10 days ago.

alwilliamson
13 Dec'13 - 09:06 - 12440 of 14005

The insti's are having a field day here hoovering up all these cheap shares. I'd be surprised if Ennis are not leading the charge....

[diggulden] 23/12/2013 20:02

Heavyhaulage, thanks for your considered response, definately adds weight to your view point, well played.

[andy] 23/12/2013 19:34

tsmith2
23 Dec'13 - 08:49 - 13933 of 14002 4 0

"Are u saying that making RNSs should be restricted to just core operational matters and not non core matters irrespective of how valuable/invaluable they may be?"


No, not at all, where did I say that?


"It's valuable and very likely to have a significant positive impact on the share price if it comes through (which I expect it will). It's however, not core to the business, so little or no downside if it doesn't come through."


Come on, you can't have it both ways! It's either valuable or it isn't!

And "if" is a small word with massive meaning, especially on the AIM market!

I saw the RNS as an attempt to steady the shareprice fall to be honest.

GLTA

[heavyhaulage49] 23/12/2013 18:54

diggulden I'm not really interested if you agree or not.
You're opinion is about half a notch above the OP of this thread in terms of credibility.
The share price will continue to fall, not as dramatic as recently granted but it will do.

[crazycoops] 23/12/2013 18:44

Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty lies opportunity. - Albert Einstein

[captain_kurt] 23/12/2013 17:57

LMAO, looks like inbred bear fighting.

[jackabite] 23/12/2013 17:15

napolean

an apology will address 50% of that in one go.

[napoleon 14th] 23/12/2013 17:13

Yep, this thread is in the "sh*t & bile" phase!

[jackabite] 23/12/2013 17:01

N3tley

I had no intention and I don't swing that way.

I am a lone crusader like you and I have not completed my mission.

I'm sorry but the fight goes on till I get my apology, I want one from that self pronounced ping artist!

It's sad because I like your style and yes, you ad them by the balls and still do. Keep up the good work and try not to get side tracked by my presence.

After all I have no problem watching you and Kumar give them a verbal bashing, I actually enjoy watching it.

filter me :)

[n3tleylucas] 23/12/2013 16:56

Don't you dare f@ck me... I was alone beating them off at the the top

They Know that

[monty panesar] 23/12/2013 16:55

Looks like executive directors were not in a position to deal in shares prior to today due to knowledge of discussions with Montana State Water Dept.
Whether they are able to deal before actual Q4 production figures are released might be questionable?

[woodpeckers] 23/12/2013 16:42

I think the reason is pretty obvious nev. Looking forward to next year when hopefully a rerating will see the back of all these morons!

[nevmyers] 23/12/2013 16:26

I feel sorry that I have had to filter so many posters now on here, If you want to state the company is going to go bust or be delisted can you please post your research proving this for us all to see, don't slag of posters who have done many hours of research and then posted it on here for others to see and make an informed decision on whether to invest or not by saying do your own research and accuse them of ramping, then expect us to take what you post as gospel with no fundamentals whatsoever, I cant understand why anyone who is so negative about the company so obviously does not have any shares or interest in how they do wastes so much time and effort posting on these boards.

DYOR GLA Merry Xmas

[shroder] 23/12/2013 15:47

Just to follow up on my earlier posts re: the water permit, I had the following response from Iofina.


Thank you for your interest in our company.

Please see our RNS we released this morning in regards to the water permit application.

The water project has always been marked as "non-core business" by the Company. It has great potential as another source of revenue for this company, but we are primarily focused on iodine production at the moment.



I received a reply from DNRC, but they had to refer my question to another department.

[n3tleylucas] 23/12/2013 15:41

back off jack...