Iofina Share Discussion Threads

[shonny] 11/4/2014 23:43

Sixties next week is a dead cert and it won't be coming back in a hurry. I'm certain this won't be £1 on the 10th of June but I'll let Mr big keep his thousand quid as I don't gamble.

[peartreegardens] 11/4/2014 16:23

Apologies if already posted, of general interest regarding Chile situation.hxxp://www.economist.com/news/americas/21600133-michelle-bachelets-struggle-combine-equity-and-growth-chile-political-futbol?zid=305&ah=417bd5664dc76da5d98af4f7a640fd8a

[roger melly] 11/4/2014 16:14

"I still think the publicly available info refutes the dire share price levels that occurred. I assume that the February slideshow presentation on IOF's website has not appeared by chance, and clarifies their achievements and intentions."

That presentation wasn't on the website until this week, why?
Besides we need official news not poxy presentations to avoid a repeat of what has happened.

"provide hard data about production and progress"

Yes we need this for the shares to go up, not hot air.

[superg1] 11/4/2014 16:14

Roger

Shortly is only relevant to those that trade, T-trades, margins etc etc, whether it's 2 weeks, 4 or 6 or more isn't really relevant to those building long term, so it can be a case of long term investors exchanging views with chancers/traders hoping they have made a bet on potential news, and it goes their way in a timeframe suitable to meet the bet.

Hence no balls of steel needed on a drop, as if the fundamental view hasn't changed long term then to those folk it looks like a bargain, on the back of forced sellers and those panicking.

Looking outside the box Chile looks worse on the costs side as each month that passes. Proposed reforms look set to hit their margins.

There is no quick fix for Chile on power and water, 5 to 10 years at best, at which point costs will be much higher than now, as will iodine prices.

All IOF seem to have to do is get a stable increase in production. We all know the US likes home grown and they import 5000-6000mt.

[crosseyed] 11/4/2014 16:05

RM,
Apologies for the "sermon" :}
I still think the publicly available info refutes the dire share price levels that occurred. I assume that the February slideshow presentation on IOF's website has not appeared by chance, and clarifies their achievements and intentions.
I do agree that IOF have "scored an own goal" due to their reluctance to provide hard data about production and progress over the past year. Hopefully, that will soon be rectified.

c

[peartreegardens] 11/4/2014 15:10

Anyone here holding OBT?I have held them for some time now, the price doesn't seem to reflect the value of the assets, and I'll hold until it gets a lot closer to my perception of fair value.DYOR, as always

[crosseyed] 11/4/2014 15:06

Roger Melly,

I don't think it needs "balls of steel" to buy when the price drops to low levels. Anyone who has done their own research, as opposed to just accepting that of BB posters, however apparently sage, can make up their own mind on the basis of the official, and verifiable, information that is publicly available. Of course, there are several posters who indeed do such research, and publish the fruits of their endeavours, greatly helping new investors to catch up or just keeping people up-to-date. However, it is surely advisable to confirm such information before making one's own investment decisions...and to decline such investment and post the reasons for that if public-spirited.

Personally, I have found the knowledge level of numerous posters here to be of a very high standard, also very responsive to questions of detail. I shall certainly not place any blame on any of them if my investments in IOF turn out to be unsuccessful (I am not suggesting that you would either though I have noted some who do!).

c

[nellyb] 11/4/2014 14:46

keep your money in your pocket shonny, you sound like someone who doesn't bet.

[monet] 11/4/2014 14:16

shonny are you going to take the bet, ?put your money where your mouth is

[joestalin] 11/4/2014 14:10

Can't wait!

[shonny] 11/4/2014 13:53

Shaping up for another visit to the sixties I see. Too many sheep hanging their hats on Mr big here. They might live to regret it very soon.

[monet] 11/4/2014 13:51

shonny been scared off by the bet

[freshvoice] 11/4/2014 13:40

I would have thought a 5p drop would have woken Shonny up?
He must have gone on the kindergarten trip to the seaside today?

[nixonpaul] 11/4/2014 13:18

Put his bet on?

[verymaryhinge] 11/4/2014 12:53

have a guess

[neddo] 11/4/2014 12:34

has shonny put his bet on with mr big, or is he just a gobsh-te?

[che7win] 11/4/2014 12:29

Its all just short term noise.

As investors, we buy shares if we expect the share to appreciate over time.

In the short term, a share can go anywhere based on sentiment, in the longer term it's the underlying business that will dictate the real value.

If the water business doesn't come and the share falls I will be very happy to accumulate as I believe we are undervalued below current prices on iodine.

In reality, I don't really care where we go from here, a fall will get me buying.
I expect the big gains have been made from the lows (the low hanging fruit), from here on we should drift to over 100p over summer without water.

Any unexpected good news and we could be there much sooner - if we get the water we should be at hat eating time immediately.

I'm looking for 180-200p over the next 12-18 months based on iodine so I'll sit quietly and patiently.

[roger melly] 11/4/2014 11:58

superg1 11 Apr'14 - 11:11 - 18838 of 18838
Some bulls would dread 40p, some wish it was possible to load up.

It's not that easy, if it went down to 40p many would wonder WHY it's so low and could it go lower still? So not necessarily a chance to load up unless like me, you've got balls of steel!

[superg1] 11/4/2014 11:11

Alpha

In short it could go up, it could go down, but charts don't tell you everything as they didn't see Mr Big arriving. As you say sheer brilliance.

Mr B's 2 months prediction has squiff all to do with charts.

Here's one from me. If it bounces along and the water news says off to a hearing it should go down. If water news is positive and the permit awarded it should go up.

I'm sure Zac at one point was pointing to a good upside 250 break out.

That's not a mocking of charts they can be very useful for set trends on certain shares, but with the sudden supply on IOF then the bounce on the big buyer, charts are hard to call.

At the moment we have a bunch of very inexperienced traders trying to second guess where to enter and exit.

What I do know is in that massive churn period, sizeable holders disappeared. so A big supply right now seems unlikely, just the trading game and market reaction to news.

I think the actual quote Zac made, was if there was no news 40p was likely.

However news comes in many forms, and not necessarily via an rns. E.G. Mr Big arriving.

Some bulls would dread 40p, some wish it was possible to load up.

[nixonpaul] 11/4/2014 10:22

I meant Z M's report

[nixonpaul] 11/4/2014 10:21

Just a load of claptrap to me.