Iofina Share Discussion Threads

[angel of the north] 10/10/2014 11:25

'With the observed operational stability, and further production history of its IOsorb(R) plants, moving forward Iofina will typically provide the market with quarterly operational updates.'
I take it that this ends the monthly production updates? Some will be happy.

[orslega] 10/10/2014 11:22

Jas

good post, apart from this

"Anyway I am long and have just set the amount aside and will let it sit there. I have just got to stop adding to it as the misses is getting really upset with me ?!!"

Many will relate to that, those of us who haven't already been divorced by now!lol

My advice - is carry on as usual but say little, something like "I let Hargreaves Lansdown manage my portfolio now...see what they can do". A little white lie might save a few marriages eh!lol

[bogg1e] 10/10/2014 10:47

Jas, I hardly trade anymore, although i did put another purchase down at 49p which i shall close off at break even if im lucky!, but all the best shares i have seen in terms of performance have all been long term holds. looking back i realised that the majority of these few companies took about 5 years to mature to their expected values. Buy and hold for 5 years has become a bit of a personal moto. Im in IOF until at least 2018 or they get bought out.

[jasisdad] 10/10/2014 10:35

Thanks Super, I certainly do believe in the long term story and have now been invested for a year and a half (gradually, stupidly increasing my holding and in turn my deficit which now stands at a healthy - 60%) but it has just made me realise it doesn't matter what research is done (and thank you for all your efforts on that) or what RNS's are realised giving certain production guidelines it is facts and hard numbers that the market reacts to. Your research (and others) has been brilliant in helping me build a picture of the company and the market place they are in to help with the long term planning but I for one didn't realise I would have to be in for probably a 5 year term. To make my money back! I was in the "not monthly" production update camp as makes the market far to reactionary and jumpy as by its very nature produces more volatile results. So am happy they are moving to quarterly updates. Anyway I am long and have just set the amount aside and will let it sit there. I have just got to stop adding to it as the misses is getting really upset with me ?!!

[dorset64] 10/10/2014 09:59

Now with ADVFN messing around with their app for free live prices, can anyone offer an alternative for live prices on the go on your phone, that is free & precise? TIA.

[che7win] 10/10/2014 09:50

engelo,
my ig demo account, anyone that's done it knows you are given 10k.

I haven't played with it this week, but end of last week it was sitting at 23k.

Think I should change to playing the indices, but maybe if it was real money I would get scared like those candidates on the BBC2 show.

[yasharsad] 10/10/2014 09:19

The whole aim market is down aim100 is suffering a 52 weeks low with no sign of recovery.

[superg1] 10/10/2014 09:13

Jas

Have a look around the AIM and the vast majority of shares.

When the main market gets hit all shares suffers, it's like a domino effect. Gearing goes on at ridiculous levels throughout the finance world, billions in bets where those making the stake don't have the cash to cover it.

Two days ago a big climb on the DOW as mentioned here. Then various data came out and it crashed the next day (yesterday).

The outlook is pretty grim on the media side.

I did listen to Scrut who said (not that he follows his own advice), "one should invest in shares that have a business based around worldwide need in multiple applications, that way no one event, or series of events, can seriously damage the business.

Iodine demand has grown for over a decade around 3.5% per year. The reason behind that is the 1000's of uses for it in 1000's of products which grow everyday. Baby milk to pharmaceuticals, batteries to computer chips, LCDs to satellite fuel. All life needs iodine. World commercial resources more rare than gold.

58% produced in a country with continued rising costs and infrastructure issues heading deeper into a water and power crisis.

32% produced by a country where the resource is in decline.

Half a dozen or more multi-billion companies wondering how they are going to secure future supplies. Those companies have an interest in the product within businesses through a large range of products.

So on the demand side nothing can seriously affect it. Any material technology that may see other products used would take a decade or more to embed itself.

That's why the team want to concentrate on iodine, as in 30 or 40 years when the Bakken boom is over, iodine use will have doubled or trebled or a lot more, with Japan with no commercial resource left.

All IOF need to do is keep the wheels turning with a bit of expansion to drive the opex down. At a time they see fit.

So I'm in and will remain in as detailed above.

[cyberbub] 10/10/2014 08:58

I think we're doing OK, considering that most small caps are heavily down... no panicked dumping here...NAI

[engelo] 10/10/2014 08:56

Che: on the lighter side you must have had some fun playing the Dow over the last few sessions: I hope theoretically :-)Won't forget a busy poster a few years back who posted a few times how they had made some easy money on the indexes, and then......silence ;-(

[jasisdad] 10/10/2014 08:50

Up happy to admit I am very naive in this whole thing but something must be going on behind the scenes when a share can move so massively on such small trades. Who sets the price 1 or 2 MM's genuine question as no idea!

[uppompeii] 10/10/2014 08:43

Jasisdad - manipulation is over cooked. It's an age old excuse dragged out when things aren't going the retail investors way.

[jasisdad] 10/10/2014 08:42

Ha they obviously heard me!

[jasisdad] 10/10/2014 08:39

How on earth can MM's justify a 5% drop in price on such small volume! Only 0.03% of shares in circulation have been sold this morning!! Still can't work out the manipulation thing. Understand MM's lower the price to get their "mates" in but surely they need shares to sell to get to such a low price? So who on earth is selling at these prices with recent progress??

[cyberbub] 10/10/2014 08:14

Big drop on small volume... just hold tight IMO...

[superg1] 10/10/2014 08:12

Simmy did you not see the us market from yesterday

[simmy1699] 10/10/2014 08:07

Correction 46p. I'm astounded.

[che7win] 10/10/2014 07:58

Who would have thought we would get the water grant this week and you could still buy at 50p.

[simmy1699] 10/10/2014 07:43

Ok cool. Well let's hope the "yes" link appears today on the permit page so we can know more. Those guys have had a bloody week to convert the relevant doc into PDF and upload a link!

[superg1] 09/10/2014 22:36

I asked those that spoke to them, that was the answer. A few can confirm that.

They do have the note to convert if they choose, down the road.

[simmy1699] 09/10/2014 21:56

SuperIs that a guess that an institution has bought them? I've tried locating that info but nothing. Ta

[mister big] 09/10/2014 21:46

Well said - I'll leave that to others !

[peterz] 09/10/2014 21:27

Party political broadcaster - another string to your....many talents

[mister big] 09/10/2014 21:22

I agree with act market is shaky - loaded up with ftse index puts and was immediately rewarded . Eurozone is heading into trouble and the sooner the uk gets off this titanic heading for the ice berg the better ..

[superg1] 09/10/2014 21:17

simmy

Stena main chunk went to a new insti and one other. Supposedly that's it from stena so we'll see have top wait and see.

As it was only just over 3% it's unlikely the new insti triggered 3%