Iofina Share Discussion Threads

[monty panesar] 07/9/2013 20:34

Forgot to say cost of production is sub $20 per kg.

[monty panesar] 07/9/2013 20:32

Investec and First Columbus. They should be able to produce 2000t of iodine next year. 2000x1000x world price of around $50 per kg would mean turnover of $100m.

The key to achieving these production figures is the completetion of the 4 new plants which are currently under construction.

It seems ambitious but the chances of them achieving this is high IMHO.

[thebutler] 07/9/2013 20:20

24p EPS equates to £30 million profit, further equating to £200 million turnover, Monty (at 15% net profit percentage). To progress £11 million turnover to £200 million in a couple of years is surely impossible? Where do these figures come from?

[monty panesar] 07/9/2013 20:11

Thebutler,

Analysts are expecting 24p of earnings next year so that means a PE of around 6. There is scope for these to be upgraded due to the higher concentrations of iodine brines they now have but dyor etc etc.

MP

[thebutler] 07/9/2013 20:01

I've been alerted to IOF through some posters on the QFI BB and I've been reading recent posts with interest. However, the current share price suggests a profit of £15 million at a conservative P/E of 10. Working on a net profit percentage of approx 15%, this would suggest IOF would have to be turning over about £100 million to justify the SP, which is way in excess of the last reported turnover of about £11 million. I have read that new plants are now in operation but it still doesn't appear to back up the current market cap - the numbers don't stack up. I just wondered if I am missing something?

[monty panesar] 06/9/2013 20:50

Sg,Do you not think it is Sirocco with the low grade I? Would explain a few of the "excuses" for lack of sales.

[superg1] 06/9/2013 19:04

Thanks for that ioditech link whoever it was, busy at the mo but I did notice the poor quality iodine mentioned, which may explain a thing or two re actions by some.

I believe many months back Algorta had issues with quality.

[engelo] 06/9/2013 18:46

digg: echo others re Shareknowledge link. Very rare to see as Worraps says such a reasonable stance which echos this board while keeping to the published data and reasonable inferences.

Re IIs I asked the question of IOF znd

'there will undoubtedly be meetings with institutions on the trip'.

[worraps] 06/9/2013 17:12

I like what the shareprice did at close.....bodes well for next week! Have a good weekend all.

[worraps] 06/9/2013 16:18

Thanks, digg. Quite uncanny how the whole style and stance is so similar to much of what is written here! A nice simple reminder of what's hopefully just around the corner.

[nellyb] 06/9/2013 16:14

A good chance for those you think this is over-valued to go hear the presentation and ask the relevant questions.

[superg1] 06/9/2013 15:55

H

Just popped in to say the same, should see 50% up over the next month or two if the CE mark comes. Strong interest today after a quiet time, and bang in the period when the CE mark should be near being awarded.

For non fumsters we know it backwards. One to add to for those who seek a portfolio.

[phoenixs] 06/9/2013 15:45

great summation.
Exactly why I bought in.

[angel of the north] 06/9/2013 15:37

Excellent write-up, could have been written by SG himself!

[hurricane.] 06/9/2013 15:37

FUM will have a strong September

[diggulden] 06/9/2013 15:31

New write up on the share knowledge website.

[ammons] 06/9/2013 13:58

More tripe Nets. Hows BEM going?

[n3tleylucas] 06/9/2013 13:55

Retail investor meeting eh? Sounds like bad news and reassurance. You going SCRUT?

[bogg1e] 06/9/2013 13:37

Just watched this youtube vid on Fukushima. Unlike a lot of info/misinfo/disinfo out there, this vid is backed by scientifically credible information (yes iodine is mentioned):

[engelo] 06/9/2013 12:51

12 more trading days before 25th.

[worsleybird] 06/9/2013 11:06

hxxp://www.thefinchconnections.com/liquid-iodine-bird-iodine-supplement/


cheep cheep - pet and farmed birds are big industries.

[bogg1e] 06/9/2013 10:42

Cheers for the link SG.

[superg1] 06/9/2013 09:14

Following on from that. They talk of increasing production here and there etc, but there's a basic problem, power, and it's going to get worse.

A whole series of pipelines, and energy sapping pumping stations are going to add to the problem, and push energy prices up.

Electricity generation is taking on a political tone as Chile's presidential elections, scheduled for November 2013, draw near. The controversial HydroAysen hydroelectric power plant may have gained judicial approval, but the issue has been firmly placed back in the government's hands with a ministerial group to review it. Environmental groups are not going to let their views go unheard, and we expect that decisions will be pushed back to 2014, when the elections are safely out of the way. In the meantime, the government admits that there are concerns about electricity provision in the short term: Energy Sub-Secretary Sergio del Campo acknowledged in May 2013 that 2014 will be a more difficult year than 2013 in terms of electricity, and that problems are likely to continue until as late as 2017, when new transmission and distribution networks are completed. In terms of electricity provision it is the renewable sector that shows greatest growth potential, as the government attempts to meet its 20% by 2020 goal - when a fifth of electricity will come from renewable sources.

Domestic demand for energy in Chile is growing, and hydroelectricity supplies the majority of this demand - a source of power that is subject to risks, as recent dry seasons and fears for energy shortages in 2014 illustrate. Chile needs to diversify its electricity-generating mix to ensure that supply meets the growing demands of the population and its energy-intensive mining industry.

[superg1] 06/9/2013 08:59

Engelo

They will have been busy in the morning on the day.


Boggle

You will get to love the Chile courts and there concerns for environmental impact. Some big players have given up in trying to get involved in Chile in recent times. Here's another one.

[engelo] 06/9/2013 08:40

sg; presentations for instis after retail invs? that IS unusual.