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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Iofina Plc | LSE:IOF | London | Ordinary Share | GB00B2QL5C79 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.625 | 3.31% | 19.50 | 343,658 | 09:20:34 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 19.00 | 20.00 | 19.50 | 18.875 | 18.875 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | USD 50.04M | USD 6.56M | USD 0.0342 | 5.70 | 36.21M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 11:09:50 | O | 50,000 | 19.62 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 21/10/2024 | 06:00 | UK RNS | Iofina PLC Holding(s) in Company |
| 18/10/2024 | 10:09 | ALNC |  Iofina in line with second-half iodine forecast amid quarterly growth |
| 18/10/2024 | 06:00 | UK RNS | Iofina PLC Q3 2024 Update |
| 27/9/2024 | 06:00 | UK RNS | Iofina PLC IO#11 Update |
| 20/9/2024 | 08:48 | ALNC | Iofina first-half profit falls more than 75% as costs ramp up |
| 20/9/2024 | 06:00 | UK RNS | Iofina PLC Interim Results |
| 13/9/2024 | 10:02 | ALNC | Iofina announces commission of new IO#10 plant in Oklahoma |
| 13/9/2024 | 06:00 | UK RNS | Iofina PLC IO#10 Iodine Plant Commissioned |
| 16/7/2024 | 17:35 | ALNC | TRADING UPDATES: Journeo wins deals; Strip Tinning earnings warning |
| 16/7/2024 | 06:00 | UK RNS | Iofina PLC H1 Update |
Iofina (IOF) Share Charts1 Year Iofina Chart |
|
1 Month Iofina Chart |
Intraday Iofina Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 20/11/2024 | 21:09 | Iofina - US Iodine producer | 9,320 |
| 04/11/2024 | 12:20 | iofina iodine and Canabis oil | 11,184 |
| 11/4/2024 | 09:02 | Iofina | 4 |
| 15/5/2023 | 15:17 | Iofina | 44,906 |
| 24/2/2023 | 11:48 | Iofina recovery | 7,066 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 11:09:51 | 19.62 | 50,000 | 9,810.00 | O |
| 10:53:01 | 19.54 | 33,000 | 6,448.20 | O |
| 10:46:57 | 19.00 | 131,024 | 24,894.56 | O |
| 09:26:42 | 19.45 | 25,000 | 4,861.25 | O |
| 09:20:31 | 19.40 | 5,000 | 970.00 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Iofina Daily Update Iofina Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker IOF. The last closing price for Iofina was 18.88p.Iofina currently has 191,858,408 shares in issue. The market capitalisation of Iofina is £37,412,390. Iofina has a price to earnings ratio (PE ratio) of 5.70. This morning IOF shares opened at 18.88p |
Posted at 23/10/2024 07:05 by qsmeily456 Beware this and a few other on the IOF controlled thread are 🥀👓&#That's been evidenced year after year. The dodgy cannabis £1m loan to Lance The lack of secured brine contract and thus the covid impact on supply. The loan renewal that brought the share price to signed figures. The delays on plant build and then ramp up. That cannabis sed loan was written off.....Lance and Tom have to go but they won't and you lot won't carne do anything. This share is univestable. It's a great 🩳 naphar 18 Oct '24 - 22:54 - 9286 of 9294 0 9 0 Jeez beeezzz why are you still here if you don’t believe the share price can recover? Or are you a shorter dreaming they will keep falling? At this level, to be buying at less than 2p above the 16p issue price of some years ago, with everything that has happened since and now being debt free with more plants in the horizon, is on the one hand shocking but on the other hand seems well under valued to me. I don’t see how they can go much lower and don’t see why they shouldn’t be 25p+ within months. I could of course be wrong. I also don’t see why they shouldn’t be over 30p again this time next year. The shock of this years profit warning due to the higher royalty in the renewed brine agreement should be behind us. Of course I can’t say there won’t be another shock… but yes I expect an upward trajectory on the share price. Value has to out in the end. Just my stance no advice intended! So I wish I had sold most when last at 35p? Of course. But if I had I would have been buying them back since then. |
Posted at 18/10/2024 21:54 by naphar Jeez beeezzz why are you still here if you don’t believe the share price can recover?Or are you a shorter dreaming they will keep falling? At this level, to be buying at less than 2p above the 16p issue price of some years ago, with everything that has happened since and now being debt free with more plants in the horizon, is on the one hand shocking but on the other hand seems well under valued to me. I don’t see how they can go much lower and don’t see why they shouldn’t be 25p+ within months. I could of course be wrong. I also don’t see why they shouldn’t be over 30p again this time next year. The shock of this years profit warning due to the higher royalty in the renewed brine agreement should be behind us. Of course I can’t say there won’t be another shock… but yes I expect an upward trajectory on the share price. Value has to out in the end. Just my stance no advice intended! So I wish I had sold most when last at 35p? Of course. But if I had I would have been buying them back since then. |
Posted at 05/9/2024 23:24 by serratia Beer,Run the figures - New plant say costs £4m, Iodine at £52 / kg, output 100 - 150 tpa take 125 t. GP runs at 35%. Knock a little off for extra admin, take a P/E today as 5.4. What does the new plant contribute to the share price ? Spend £4m on buy backs. Less shares in circulation, same profits. How much does that add to the share price ? Let me know how much each approach adds to the share price. |
Posted at 17/7/2024 10:03 by beeezzz bocker - Obviously 6 agree with your post, which is fine.However, share price on 12 dec 2008 was 22.78p what is today 23p how long do you want to wait, that's 16 years.. And remember many here are under water due to the water fiasco(excuse the pun), my highest price is 75p in 2014, since then I purchased a shed load at 10p and above...Like most to bring my break even down.. 24 Mar 2016 6.14p so all those that brought in then are quids in, over 300%, but, those that are still under water are siting on a dead investment, which is why the share price struggles to go up on any good news simply because many are waiting for an exit point, its due to human psyche. Yesterday was a prime example of that, soon as it went above 23p the selling started and ended lower....Why is share price not zooming up today on that good news....Hmm |
Posted at 16/7/2024 22:40 by pinkpudycat Beeezzz, you are spot on, the management have done little to grow the business, where would the share price be if the Iodine price wasn’t so strong, Hopefully Newlands etc get to a position whereby they can force change.The market is never wrong and the share price reflects that knowledge! |
Posted at 24/6/2024 08:51 by josh_ftm So the share price drops again, looks to be constant drop of selling by the LTH's. I don't understand why the company are not looking to increase shareholder value given that we are 50% down YoY. In 2019 (5 years ago) they raised £7.5million at 16pps, which was to clear existing debt and allow them to 'accelerate the development' of new plants.Looking at the latest loan notes from July 2023, they can draw down at an interest rate of 2.11%. Surely it makes sense to begin a buy back programme, given the share price is 17.75pps, which is 10.9% higher than 5 years ago. Make use of the low interest debt facility to expand and repay the debt with the profits generated for a new plants. However, the BOD do not seem to want to use the facility and want to build the plants using profits generated from the year.Alternatively, why not throw the 'kitchen sink' at it, and use the profits AND debt facility to carry out a rapid expansion programme. They could even look at prefabration units off site, which would be more of less plug and play once new site become available. Looking at previous images, appears the towers could be constructed this way, plants could be 'standardised' and the larger vessels delivered direct to site, with all pipework and fittings outside of the pre-fab units being installed onsite, but pre measured/fabricated, so it's essentially a 'LEGO' set. This would ensure 'we' are ready for when a new site is signed and we can reduce the construction time to ensure iodine can be recovered as soon as possible after signing new contracts.Just appears to me the BoD are a little lacklustre in doing thier utmost to provide shareholder value, which is something they continually spout in most RNS's and the investor videos. Either that, or we aren't being told enough about the business to excite current and potential new investors. To me, this cautious approach is wearing very thin, and without a clear 5 to 10 year expansion strategy, we are expected to just accept 1 or maybe 2(if we're lucky) plants a year and keep 'plodding on'.Really not sure what is going on with Iofina, but sentiment seems to be changing for the worse and the BOD have to come up with new ideas to get some of us back on board. If they don't start to listen, maybe we can all hope that someone comes to acquire the company at a 'rock bottom' price, but at least the LTHs would be out at a better deal than the current share price.Thoughts welcome, but hoping for some sort of catalyst to turn this around. |
Posted at 21/6/2024 20:06 by zendo102 The key to investing in a value share is finding an "outer", something to catalyze the share price and turn it into a growth stock.The problem is there are no positive surprises left for IOF; there is nothing on the horizon to get the share price moving upwards. All we have are banana skins that can crash the price. If production drops, or the price of iodine drops, or IO#10 is delayed or IO#11 is postponed for a significant time, then the price will move downwards. THE RISK REWARD RATIO IS TERRIBLE. So the share price drifts lower as people see better alternatives elsewhere. And then lower still... Yes, as beercapafn says, there is an "overhang" on the shares - but it's not some random seller looking to undermine us, it's all the long-term holders (on this bulletin board?) who have lost money and who are waiting for just enough of a rise to get out without too much of a bruised ego. We are waiting to sell, not looking to buy. We are the ones keeping the price low. WE are the overhang. |
Posted at 13/6/2024 12:06 by naphar From my perspective nothing to be worried about but also, as I said to Tom, it feels like we are plodding along in a solid consistent fashion, and I didn’t hear anything to get excited about really (edit for context: meaning nothing to get excited about like 12 years ago when the share price went to £2.50 on the back of multiple plant rollouts and water projects, none of which had a particularly great outcome)… some promising irons in the fire for sure, but nothing they will be drawn on too much given past failings, I think they don’t want to create false expectations.As was commented by others, the board look much more relaxed than say 5 years ago, understandably, and they certainly feel that way. Tom made a comment about $20m of debt being stressful (my choice of word). That said, I still feel we are definitely undervalued at the current level, the board certainly agree but cannot control the share price. They have to keep growing the business and deliver on that. Tom did seem to note down some proactive audience suggestions re communications though. Definitely do NOT expect a dividend any time soon. Definitely do NOT expect any type of open market share buyback. If blocks of a few million plus shares became available, they would try to buy those if available for a reasonable price, instead of seeing them hit the open market. |
Posted at 02/5/2024 09:39 by zendo102 Results:Lacklustre and pedestrian - there is nothing on the horizon that is likely to jump start the share price. Compare: “Costs of raw materials to process the brine water into iodine continued to increase in 2023, however, chemical cost increases in 2023 were lower than those of 2022.” “During H2 2022, iodine prices peaked and have subsequently slowly come off these highs during 2023 and have currently settled in the mid to upper sixties per kilogram.” In other words, those supplying chemicals to Iofina were able to raise their prices, but Iofina were not able to pass those increased costs on to their customers. Margins suffer. (Inflation hit 10-15% last year. Why are iodine prices not $77-$80/kg? Everything else has gone up.) Growth strategy: IO#10 is so well flagged that it is now a banana skin rather than a possible surprise to the upside. Only a ramp up in plant building (or a surprise maiden dividend) can save us now. How about starting the next plant before the previous one is finished, so those preparing the site finish and then move straight onto the next, those installing equipment do the same? Iofina has the resources to do this - either there is no will to do it, or the economics are just not that good. Yearly share price chart: a relentless share price drop from 32p to where we are now. Any more and we will be at the offer price of the share placement 5 years ago (April 1st, 2019) - shares were offered at 16p, which according to the Bank of England’s (very conservative) inflation calculator, is equivalent to 19.74p today. That was the last time I bought Iofina shares. With the current price of 19.77p, I’m effectively up less than 0.03p (1%) a share over FIVE years in real terms. Drinks all round? I think not. Investor Mood: The lack of comments on this board show extreme investor apathy as well. In years gone by, when the narrative was good, there was 10 times as many posts on results days. A company does need to focus on the fundamentals, but investors also need to see a story to buy into. Iofina used to trumpet the unique tech, the strategic importance of iodine, the environmentally friendly extraction of a valuable product from waste product, the huge untapped potential of the vast quantities of brine being disposed of every day, the lowest costs of production in the industry, the desire to be the biggest producer in the USA. Many of these ideas are there, but they are buried in the strategic report (did you read that far?) In becoming prudent and conservative, Iofina has become BORING. There are some value characteristics there, but where is the out, the catalyst that will drive the share price up? Without that Iofina will just plod along. This could be the bottom for the share price, but sometime over the tax year, unless there is a dramatic turnaround, I suspect I’ll be selling my medium-sized stack of Iofina shares to offset capital gains elsewhere. Anyone care to change my mind? |
Posted at 15/3/2024 08:12 by beercapafn What is going on. ?Something is wrong !!! We hope the money is piling up, but. Lack of news, transparently and openly promised at EVERY AGM, is just not happening. Lack of information, news, and forward plans. Good or bad. This has led to a collapse in the share price and market cap of 36% 192 million shares in issue X 36P = 69 million 192 million shares in issue X 23p = 44 million That's a drop of 25 million. Back at the AGM Tom stated that they had set aside 1 million for buybacks, to protect the share price from some small sellers affecting the share price. The BOD, for some reason (I suspect they have some aspirations of M&A ), has presided over a huge drop of 25 million in the value of IOF in any such venture. They have proved that they are incapable of finding new Brine at a rate to use capital accruing. So, I agree that a change in the business model needs to change. But I don't believe the current BOD have the skill set or breadth of experience to convince the market of that. And most definitely not with ANY involvement of Lance. Bit of a rant, but very frustrated at the lack of information and drop in Share Price |
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