Iofina Share Discussion Threads

[bogg1e] 21/6/2013 12:38

Also, last year a trio of swiss based economics professors decided to compile the largest database ever to calculate corporate ownership, ie who owns who. Ok, there are approx 140,000 transnational corps in the world. These are owned by approx 17000 of those same transnationals, who in turn are owned by about 150 transnationals who in turn are owned by 12 transnational corps, including at number 1 spot Barclays, but also HSBC and JPMorgan. These three companies are IIs in IOF. I would argue that the wider market, not just IOF's competition, are very aware of IOF and thier potential.

[roboben] 21/6/2013 12:37

Yes, the "under the radar" bit is difficult to get your head around.

Earlier in the year Lance went down to Chile to an Iodine producers meeting. He was expecting to be grilled about how Iofina were doing and what they were doing. In fact the Chilean producers spent so much time bemoaning their lot and complaining about their own problems that all he had to do was to keep quiet.

Needless to say he was surprised to get away without the interrogation but he kept quiet and came away with a hidden smile!

They really don't know just how good Iofina's position is at this stage.

[hitsha3] 21/6/2013 12:35

Can someone explain this thing about under the radar i too don't understand.

[che7win] 21/6/2013 12:33

superg,
thanks for that, I regard the RNS to be quite poor also - I would like an RNS from them when IO#2 gets up to speed indicating some of the things you're saying.

That would improve sentiment here; nevertheless, I will continue to accumulate at this level.

Anyone selling at this price would only be selling in the hope to get in cheaper; that takes timing and luck.
As for me, I'll play the long game, fully expecting 100-200% on this price in 12 months.

[warmsun] 21/6/2013 12:32

"Its in IOFs competitors best interests to know who their competition is!"

Agreed! I said as much some time ago. Good busineses will always always keep an eye on what their competitors are doing

[bogg1e] 21/6/2013 12:25

Tbh i dont understand this "under the radar" idea. Its in IOFs competitors best interests to know who their competition is!!! Its a sector with only a handful of players. Of course they all know of each other and to some degree or other will be keeping an eye on each others progress. We shouldn't be thinking "how long can we remain unnoticed", rather "we have been noticed. What are the competition going to do about it?"

[johncsimpson] 21/6/2013 12:20

engelo - post 529

I don't mean to be rude in not answering too quickly or indeed in not finding the time to follow up Dart . . .

I think (for reasons stated before) that Igas has legs. In the last fortnight since I bought back in, it's put on 20%+ whilst IOF has 'lost' as much. The question is, do I sell Igas and add to IOF? My TA says Igas could move towards 140ish short-term whilst at the moment, IOF is in a downtrend and doesn't look like turning . . .

[skylite] 21/6/2013 12:19

Sg can you politely ask the BoD to release another RNS before the PR lady joins them soon? I have 60k coming into bank account early to mid July and I want to secure the best price possible share price wise :-)

[che7win] 21/6/2013 12:19

Slightly O/T


JTCod 21 Jun'13 - 10:32 - 16973 of 16978 0 0


Don't know how many of you watched the Horizon program on Fracking this Wednesday but regardless of the arguments I found it very informative and well worth watching


I think there are a couple of things highlighted from the program that are worth further consideration.

1) This really is a viable solution to short and medium term energy needs for those countries lucky enough to have abundant resources as in the USA and
2) The USA is producing significant amounts of shale gas already, which is a) Cheap and b) Already having a positive effect on the local economies. Corporations are already factoring in this cheap energy source and acting accordingly.

This could have profound implications for the US economy over the next couple of decades because for some sectors, energy considerations are bigger than salary considerations when International companies choose their hubs. This is the first tangible positive data I have seen from the US economy since the financial crises.
hxxp://www.eia.gov/tools/faqs/faq.cfm?id=907&t=8

[warmsun] 21/6/2013 12:19

A few very good and informed posts, thank you. But, I (and I have said this before) just find it very very difficult to believe that we are still 'under the radar'...regardless of how low key IOF are playing things....I do not accept that we are still under the radar. Sorry, that's just my view....and I am now slightly concerned that we may be taken out earlier than we want to be (if ever!).

[peterz] 21/6/2013 12:18

eeza - many thanks will give it a go.

[writz] 21/6/2013 12:05

Roboben, true. Question(s) withdrawn!

[che7win] 21/6/2013 12:05

warraps, yes, you are on my wavelength.

diggulden, yes, I did doubt at first, until I dug deeper. It was actually the broker note and targets that put me off, I had dismissed IOF at 45p, ended up buying heavily in the 60's/70's, more in the 120's and more this week.

superg has a brilliant insight into things, I think the wider market with QE hints at ending has pushed us below 200p, nothing from this weeks news changes the picture for me. Some delays have happened, always expected from me and I was never as enthusiastic on year end prices as others. Some things are enhanced such as mini-pods.

On QE tailing off, I actually think that the best place to be is in US companies:
The Fed thinks the US economy is on the mend, the clearest beneficiary is the US dollar, investors will want to own US assets, because the dollar is getting stronger.
We will benefit as shareholders because the dollar should appreciate against Sterling.

I was one of the ones stressing that roll out wouldn't be smooth, IO2 has a temporary set back this quarter only with the rest of the year improving on increased and better brine supply (big deal). This is to be expected.

The broker note ironically now has a target of 230p, the fund raising was at a strike price of 203p, I consider anything below 200p a giveaway (I bought at 202p recently).

[eeza] 21/6/2013 12:04

Peterz
The issue with MAM is because Java has issued a new update. You need to delete your version of Java & re-install.
I had same issue yesterday. Now works.

[worraps] 21/6/2013 12:03

Roboben....thanks for that explanation, nice and clear. You know what it's like, sometimes the more you chew something over, the less it makes sense!

[peterz] 21/6/2013 11:59

Anyone having problems with streaming on Mo£eyam?

Have used for ages but security on my computer is now not allowing streaming with Mon£yam saying their certificate out of date.

Another free streaming co?? please.

[roboben] 21/6/2013 11:49

IOF are downplaying things so that they won't draw the attention of the competition. So far this has worked and the longer it continues to work the better.

Once they appear "on the radar" of potential predators THAT will be the time to start talking things up!

At the moment it simply isn't necessary - or desirable - to do this.

The further they can get with the roll-out before this happens the better because it will give them more to talk up, clearer evidence of what the potential is and therefore produce a higher share price/sell-out price.

For now we need to be patient. It's actually in our own best interest.

It won't happen this way, but I'll include this just to make the point. Which would be better?

1. Talk things up now and be bought out within the next six months.

2. Stay under the radar for eighteen months and only be noticed at the end of 2014?

I know which I'd prefer. Talking things up now will only bring us to the notice of predators sooner. That would result in an earlier buy-out and a lower buy-out price. That's definitely not what I want!

[bogg1e] 21/6/2013 11:31

dcgray, librarion. Cheers.

[writz] 21/6/2013 11:28

A question for someone who knows more about takeovers than I do... Is it possible to gauge the tolerance of IOF's big investors to an under-par bid? And how much mileage could a persuasive CEO make of the probability that IOF's technology/leases (hopefully well demonstrated by the end of 2013) allow the acquirer to unlock the entire global market? Sorry, that's two questions, but you can see how they're related, and why the word "persuasive" might be important!

EDIT: I see the conversation has veered in this direction already...

[diggulden] 21/6/2013 11:28

Che7win, conservative estimations but I like it. If I remember, you doubted the potential at first, but with research can see the huge potential here. Thank you for the figures.

[superg1] 21/6/2013 11:26

remp

The share price means nothing v production rates, ppm/bpd , and opex rates. never mind the low capex.

When someone knocks they will get that data, hence there is no need to boot the share price

There are too many end users in this sector that could undercut competitors by some way if they were in control of IOF iodine.

[worraps] 21/6/2013 11:24

che7win.....you've more or less pipped me to the post with the same thoughts!

[worraps] 21/6/2013 11:21

.....IOF are keeping the news about progress and potential down,...which keeps the shareprice down. But, a low shareprice makes IOF more vulnerable to a take-over? And yet they don't want to be taken over, at least not yet. So, surely, a higher shareprice would be more of a defence? Am I being naive with this thought? I'm beginning to lose the point of keeping newsflow restrained....I'm probably just being a bit thick....

[diggulden] 21/6/2013 11:19

Effectively, mid year is May-Aug, if separated into thirds.