Iofina Share Discussion Threads

[freshvoice] 30/7/2013 11:46

I have sent two polite emails to the co. and have received polite informative replies, what's the problem?

[n3tleylucas] 30/7/2013 11:42

Like I said, communications will always breakdown with a falling stock price.

You all sound so surprised? Naive.

Just wait 'til 75p, all these so-called "investors" will be out, long before.

Mark my words.

[ramu kumar] 30/7/2013 11:40

I may be wrong but I suspect this stock has a higher proportion of spreadbetters and also expectations are high because of the potential, hence the anxiety amongst 'investors'.

My expectations are very low, I will be happy if IO3 is fully commissioned and share price is £2.50 by year end. I will then review my position on further stakebuilding.

I am anxious as 90% of my IOF is in spreadbets and currently sitting on a thumping loss but I have faith in this company and willing to wait for good news. AIMHO

[dorset64] 30/7/2013 11:33

Releasing info to the market is one thing that the BoD should control, but a simple reply to its shareholders, of whom all actually own part of the company is something that they should be doing and without fail.

[king_roster_iii] 30/7/2013 11:18

Honestly Che, you and Plas are like Statler and Waldorf the two disagreeable old men in the Muppets,

"Don't like the smell of this one "

"Yeah - you sure can smell it "

"What that investors fear, uhhh?"

"No the whiff of iodine coming from those Iosorb towers"

[napoleon 14th] 30/7/2013 11:11

Interesting comments...I've been in since 40p buys.
IMO IOF have a hangover from overexposure, but investors take that in their stride...
I can wait 2 years for eps in the teens & a P/E around 10,
but once that's proven, the future potential will already be in the price.

IMHO DYOR NAI

[che7win] 30/7/2013 10:56

Plasybryn,
I sympathise with your view somewhat, but I'm also aware that investment is fickle business. One good new item and sentiment can turn on a dime.

I am expecting up to plant #5 to be commissioned this year, I don't expect #6 by year end. I also expect a mobile unit to be in place by near year end.

#3 and #4 should be straightforward from here.

The first 5 plants should do 1300 MT, not including mobile units.

For 1300MT, I estimate 17.5p EPS, so the share price is underpinned on what should be a reasonable bare minimum expectation.

I reckon below 200p will turn out to be very cheap, but we may only realise that next year, hence the share price all over the place.

[urbanyeti] 30/7/2013 10:55

Yes Plas lots of sells, a massive £60k worth!Today we are a minimum of 41 days into the build on IO3 so less than 3 weeks to completion, then IO4 is only 30 days behind that. They are the big news & they will be here soon.

[bogg1e] 30/7/2013 10:54

As for that buy out price, given the roll out targets at 200 plants (lucrative oil, gas, helium, water aside), The BoD will want to capture an amount of that future revenue in the accepted price. IO#1-6 + IO#7-14 will be the backbone of the company in the early years of the companies output and i think that the BoD will want a price that reflects the annualised output from these plants at least. If they were all no larger than 30kbpd, at 200 ppm on 90% still equals 8000+ tons per year (no pods etc, just these first plants), which after tax = $200,000,000 p.a. The value would then have to be multiplied by a suitable p/e, but a buy out would have to be billions so we are looking at at least £10 per share.

[plasybryn] 30/7/2013 10:51

Roboben & Bogg1e: Hope I'm wrong, but it doesn't smell right to me. The charts rarely get it wrong. They reflect the way investors view this.

There is a strange correlation with Shares that have lots of BB bloggers. The ones that do the best are the ones often ignored. Strange that.

All I am saying is be careful, double check everything and don't take BB comment hype (including my reservations) as gospel.

[roundup] 30/7/2013 10:51

As I said before, they can't divulge any information that is not already in the public domain. However, I decided I would send an email outlining my fears in the hope I would receive a reply giving some sort of reassurance. I too did not receive an acknowledgement--PR in this company is nil.

[roboben] 30/7/2013 10:44

A shambles because they are prioritizing the right things? I don't think so.

I'd rather be invested in a company where the focus is on developing the business rather than in one where publicity matters more than the core business. The IR could certainly be improved, but to dismiss the entire company as a shambles because of that is absurd IMO.

Have another look in six months. We'll know whether you're right or wrong by then.

And, no, six months is not a long time. Most here are investors, not traders.

[bogg1e] 30/7/2013 10:40

Well, as with QFI, we are now in the window for an update, milestones/targets laid out in the AGM are on their way to fruition; CEO, IO#2 feeds, IO#3 and 4 progress, water permit and most importantly by september 20th (??? - i know its end september anyway) we have the published accounts for 2013, with probably low revenues but a) in profit after 5-6 years development - a quick turnaround and b) margins and other important figures etc that can be used to more precisely calculate future revenue. By the end of october I think we can expect an offer if the numbers are as good as Chris Faye hinted at at the AGM. Any suitor will need a month to crunch the numbers, lots of meetings, chat to creditors (if necessary) before they are in a position to name a price.

[festario] 30/7/2013 10:02

Just added yet again at 162p. Irresistible.

[che7win] 30/7/2013 09:50

As much as I like IOF, the PR is poor as far as I'm concerned. After 4 emails over the last 9 months, not one reply.

[superg1] 30/7/2013 09:44

Peter

Re
' feel that their main task is to get the job done and share price will eventually follow.'

A common response from way back supports that.

'all that matters is the future EPS'.

When you think about it, in terms or returns, that's it.

We have had a few come and go with their 'expert' views, some still lurk. I don't recognise any of the names from when it was 18p. :-)

The mining sector has been hit, if you look at iodine producer public companies, their share prices have taken a dive.

It pleases me to know that the main market just tars sectors with the same brush and does no more work than that.

It is however frightening to understand 'experts' invest customers cash with apparently very little understanding of the company and circs they are investing in.

I can show 5 notes for SQM where the share price was at it's highs, with analysts screaming outperform, buy etc.

This Bb thought the opposite would happen, due to lack of water, rising power costs, rises wages, etc etc. All information of which was freely available with a little effort.

Logically while Ithink bids will come, I don't think those that may be interested, will have the first clue of what is coming.

Quite simply revenues will do the future talking, and all us guys here are doing, is understanding the level of potential and backing that. Those in the future acting on results of significant profits (assuming delivery) will pay much more, but be much more confident in their investment.

If you take that Sirocco presentation, and the details, it just shows how current and future performance can be reasonably anticipated.

When IOF get to the point of presenting on that much detail, it will make the Sirocco figures look very disappointing in comparison.

[engelo] 30/7/2013 09:35

noli: thanks. Sounds plausible.

[noli] 30/7/2013 09:15

Iofina's water permit application in Roosevelt, could it be they are maybe supplying continental. If continental get more permits in Roosevelt then that maybe the reason why iof have gone for Roosevelt.

[engelo] 30/7/2013 08:57

noli (5840) : could you explain what this tells us pl? tia

[peterz] 30/7/2013 08:31

Bob - that sounds great. However given that Sg has mentioned several Co's that are now very aware of IOF it might not be the reason. Though may have been in the past. The reason might be much simpler! that they are poor at pr or feel that their main task is to get the job done and share price will eventually follow. :-)

[bobsworth] 30/7/2013 07:30

SG just thought, but, the poor PR that you refer to could be deliberate and all aimed at keeping the company under the radar to avoid an early takeover.

As a long term (2 to 3 year) investor adding when ever funds allow me, this poor PR suits me fine, as it allows me to add theoretically at a "lower" share price giving me more shares for my money.

Eventually when they have to official report their interim and final results the lid will be blown revealing their true profitability and potential.

As 2013 interims will only show IOF#1 + an under performing IOF#2, I think it will be the 2013 finals reported in spring 2014 that will blow the lid off iofina.

By then I hope to be fully topped up and the threat of a cheap takeover will be passed us allowing me to start looking for my next long term share investment.

[noli] 30/7/2013 07:25

Edit: Slightly off topic but an interesting read.

[n3tleylucas] 30/7/2013 05:27

johncsimpson once called me "the most dangerous poster on ADVFN". After reading SCRUTABLE's robust defence of SB's a couple of times, I think I have a challenger!

Strewth! LOL