Iofina Share Discussion Threads

[kcowe] 21/6/2013 21:20

always said .... this will tumble when the market tumbles.... too much profit to be banked...

[monty panesar] 21/6/2013 21:17

Just read some of the other posts. The bod's job is to make sure the mission statement is fulfilled not to "ramp the share price" like pdx and others did. Focus on the day job and the share price will sort itself out. I am happy the management are focused on the former.

[diggulden] 21/6/2013 21:15

Well I was surprised!

[monty panesar] 21/6/2013 21:08

The pullback is not exactly a surprise in the current market conditions but for those of who are in it for the 1/2/3 year basis it matters not one iota. In fact it means you have opportunity to buy more.

Nothing has changed other than it represents better value than a week ago. I'm an investor not a trader. Remember 90% of traders lose money so why bother trying to be a trader when the odds are stacked against you? This sort of pullback flushes out the traders and IMHO is healthy. The truth always comes through.

[naphar] 21/6/2013 18:45

Coco, I had been hoping you would post a chart, but its so different to previous charts you have posted with not much explanation, it's left me puzzled. I was more hoping to see how we are doing compared to your view of trend channels etc

Hey ho. Hoping "mayhem" does not break out next week!

Edit - Oops, need by eyes tested. Thought it was coco that had posted that chart for some reason, shame on me, now I know why it looks so unlike a coco chart!!

[hitsha3] 21/6/2013 18:40

I am going to have nice weekend and looking forward to next week. It will be good week, rest of you have a nice weekend.

[n3tleylucas] 21/6/2013 18:26

Have a great weekend ...

[naphar] 21/6/2013 18:20

Bogg1e, you would need to check back through the announcements. I don't think hey did announce ppm's, we might have back calculated, it's easy enough to get a rough idea.

[bogg1e] 21/6/2013 18:13

When did the BOD release info regarding ppms etc for IO1, before it was operational or after? If the BOD gave the info after production commenced, it would make sense that we wont hear about ppms and other desired facts until the plant in question is operational, ie in about 3 months. Oh well.

[beercapafn] 21/6/2013 18:08

Titus10.. no you are missing the point.

We just need the BOD / our brokers / the analyst to admit the facts.

[nevmyers] 21/6/2013 18:03

I find it hard to believe the big companies in the Iodine market like Toyota don't know about Iofina and what they have

[titus10] 21/6/2013 17:55

This blog has become almost full-time, essential reading for serious investors with overweight positions such as myself - not usually a blog enthusiast. Huge congratulations to the top contributors, led by SG1.

I'm not quite clear why the clamour now is for the BOD to put it all out there at this time, unless it's simply apprehension about the immediate share price direction by some of us PIs.

It seems possible that Lance Buller's exit from the CEO job was at least partly due to enormous stress. There's so much at stake in this company's exceptional industrial situation and from what one reads here the BOD is handling it.

This is not a bunch of dot.com teenagers, but apparently a carefully assembled team of specialists and experienced executives. Surely they know better than any outsider, however 'well-dug', how best to keep all the balls in the air and when's optimal or expedient to do and say what? There are clearly critical timing permutations involving patents, leases & management replacement pressing on them at this time and I'm not sure any of us are better placed to tell them what to do. I reckon Dr CF probably understands the rules on RNS release.

Management buy-out, anyone?

[superg1] 21/6/2013 17:48

beercapafn 21 Jun'13 - 15:23 - 2929 of 2960 0 0(premium)

Time for investors to pressure bod to release a rns that market might be unawere of the 'real suitation' .
Restate current suitation. Enough of this under the rader nonance.


beer

It's be put in capital letters, underlined, and in Bold, and not just from PI's.

[the librarian] 21/6/2013 17:48

If you think this is bad R&M you ought to try the night shift :-). Get your point but there are some that are not as aware of what is going on, nor have your background and experience.

So, there is always someone around on here that will kindly step in and answer a question, that is why it is a popular bb.

[bogg1e] 21/6/2013 17:46

fat controller, naphar cheers. I know, it was a quicky calc, its just nice to see money figs along with bbls + mt's etc. I thought someone mentioned that CF stated at the agm that the profit margin is £40 (not $) per kilo. Anyhow, i'm still working on ebitda ranges, i shall assume 35% tax rate + x% for depreciation on equipment, any write offs etc, given that ppm's will vary as will costs per plant, a reasonable figure isn't easy to pin down. Im not sure that the broker notes accurately reflect forward revenue either. Hmmmm. More calculating...i like the numbers so far ;-)

[canalet3] 21/6/2013 17:11

Ihave not seen any mention of Yellow Jersey PR. don"t they have anything to say , or a part to play in all this ? Look forward to SG extracting some further news from the BOD.....

[nevmyers] 21/6/2013 16:53

LIB

I bought more on Wednesday with the intension of trading just those not my main holding but even that has gone for now, I may just keep the lot long term now I'm already under my break even unfortunately so no point in selling anything. I also think the spread on these is to big to day trade and is a bit risky of suddenly being left behind.

[randolph and mortimer] 21/6/2013 16:50

I think life is too short to bang on about iof to the extent that is done here on an unbelievable hourly basis.

All anyone needs now is to wait patiently for the next statement and possibly get something from the day instead of through it by reading here. (And to save being two-faced, I'll look in on the next RNS only).

[the librarian] 21/6/2013 16:44

If they are in with 'real' shares it is only a 'blip' in the short term, in the longer term if there is a better investment I don't know where it is!

Looks like from early posts that the BOD will sell out at some point, which was their intention right from the start. That is the reason for most US companies using AIM, or as a vehicle to the main market.

S/B's should be ok if the margins have been managed well, if it's been necessary to sell a few the tide will turn. Haven't sold any personally, but at times I wish I was smart or worldly wise enough to trade the share... if I was I would buy more at every opportunity.

[freshvoice] 21/6/2013 16:35

Well if we continue like this looks as though the shonny prediction of 180 may be on for next week. like a previous poster I am ok but feeling responsible for those I recommended this to at above this level.

[ramu kumar] 21/6/2013 16:32

I never thought I'd say this but really happy to see 4.30! In three days this baby has dropped 36p....