Iofina Share Discussion Threads

[diggulden] 17/12/2013 16:25

Please CK.... NO MORE GAPS!!!!

[captain_kurt] 17/12/2013 16:24

Silver lining...and now we have a gap to fill upwards.

[festario] 17/12/2013 16:22

Microcline, post of the day, the only proper laugh I've had in ages.

[diggulden] 17/12/2013 16:21

We all wanted an update, until it was a bad one!

That's funny Microcline!

[ramu kumar] 17/12/2013 16:19

This is going to be a miserable Xmas/NY for many - why didn't they hold off reporting until after the hols?

[microcline] 17/12/2013 16:17

Attention all carols singers. Do not congregate in front my house this evening. Bah humbug.

[ramu kumar] 17/12/2013 16:13

The key question is if sales are down, why bother with more plants - you'll just stockpile and burn cash on the rollout and production costs.

I almost sold out today but felt it's better to wait till we have more news on the declined water application - if successful on second application, this will help cashflow and steady the share price The other reason is competitors will be interested in this proven tech and will consider taking over. To be frank, I'll be more than happy with £1.50 - forget the £10 I was dreaming a year ago!

[deanroberthunt] 17/12/2013 16:06

people weren't moaning when this 10 bagged.....
just need to get on the right side of these then get out before the wrong side...or don't get in on the wrong side....you know what I mean

easier said than done...but BP aint gonna 10 bag is it!!!

[rexmartel] 17/12/2013 16:03

My apologies to all. The quote was by Investec's analyst and not in the RNS. Sorry for causing confusion.

[the librarian] 17/12/2013 16:03

What is there to say ramu? Another paper loss for me, another good RNS for CF?

[baguette] 17/12/2013 15:59

Not surprised to get this very disheartening RNS as it confirms many of my fears.

There are many things to question but the 3 which to me are most relevant are:-

1. Will individual plant output reach anything like the original suppositions.
2. Why did the sales we were led to believe would accrue in 2013 - not arise and where will future customers actually come from.
3. Why is the capacity of the conversion plant apparently so low after all the talk of Dr Khaled's experience in ramping it up.

Personally I believe they could provide a steady growth in share price later in 2014 if all the plants are built but with costs incurred, inventories building and no apparent sales yet there is a risk of running out of money and with deep regret I think the current share price is about right for the moment.

Basically we badly need the water to be approved as a cash and profit potential
bonus - based on everything else recently my hopes are not high on that front. If there is any question about "beneficial ownership" at this stage thats very worrying.

CF buying shares does nothing for me as he could easily be getting a private funding from those with much larger share holdings who are desperate to get a boost for their own holdings.

Gentlemen of the Board, the boost will only come when you start giving out some good news.

[captain_kurt] 17/12/2013 15:55

At the current price no growth is priced in

[diggulden] 17/12/2013 15:55

Feels like it today volsung!

[cupra kid] 17/12/2013 15:47

I believe there to be value at this price for the medium/long term however short term we may well see it lower yet.

[iofra] 17/12/2013 15:46

As I indicated L2 showed quiet but consistent buying by PEEL & WINS on the Bid and they are still there. Also steady buying from the Offer. Guess we know who bought some of them.

[festario] 17/12/2013 15:44

Dig, I wouldn't dare speculate. We really have so little to go on, and I am aware that a general market correction is overdue too. That will knock all shares back at some stage.

[captain_kurt] 17/12/2013 15:43

He must have followed my lead lol.

The share price will be alot higher by the end of Q1 if they follow the plan

:@)

[roundup] 17/12/2013 15:43

Another 100,000 bought by the Dr. he isn't going to let a bargain pass

[festario] 17/12/2013 15:41

Chris Fay has bought another 150,000 shares today. I wish I was buying in at these levels for the FIRST time! (RNS)

[ramu kumar] 17/12/2013 15:39

dig, nothing from jcsimpson, lib, madchick to name a few

[diggulden] 17/12/2013 15:38

Director Dealing

Iofina, specialists in the exploration and production of iodine and iodine specialty chemical derivatives, were informed today that Chris Fay, Non-Executive Chairman of the Group has today purchased a further 100,000 ordinary shares at an average price of 100p. Mr Fay now holds 1,400,000 ordinary shares in the Company, representing 1.10 per cent of the Company's issued share capital.



Not too shabby.