Iofina Share Discussion Threads

[ramu kumar] 19/12/2013 12:36

Jeez, what's happening - I thought we hit the bottom at 85p!

[microcline] 19/12/2013 12:35

Post 13557 The first paragraph is childish. I take it then every time there is a price movement in the price of Brent Crude all the O&G companies must issue an RNS.

[worraps] 19/12/2013 12:33

I know how she feels!

[superg1] 19/12/2013 12:30

Share P were tipping it just months back.

It's the first time zac got the move right. Don't forget the other 4 and the one that said it would burst through 250, this is the only one they will mention though.

Just read it fair points on information we all agree there.

Item 2 thought re iodine prices and the trend is about seeing what competitors are doing about supply demand and their costs.

IOF lost revenue from a gap in a contract for 2013 which kicks back in now and fully in 2014. Those details are in an old rns.

Prices dropped H2. Inventory comment.

What are IOF supposed to do, dump their inventory by selling the iodine or gaining a customer, then leave themselves open to plant problems and not being able to provide for existing customers.

They have to cover risks, so you need surplus iodine to cover for the chem div early on

[worraps] 19/12/2013 12:28

I would LIKE to think, the BOD......as that's where my money is on this occasion!

[worraps] 19/12/2013 12:23

So much hinges on whether they ACTUALLY deliver on the forecasts and predictions now, that's the problem. They have not been true to their word so far, and people find it hard to re-gain trust once it's been lost. Once bitten twice shy and all that.

Added:- Shareprophets and I C, both savaging us today. Thousands of readers there. Who do they believe? BOD, or their favourite chronicle? Who is most likely to have it right?

[square1] 19/12/2013 12:18

Well I think that from an operational point of view the first qtr of 2014 should be very good for the company. Io 4-6 get built, the deferred order gets delivered-and paid for!! and there is the 'possibility'(not getting involved in definites!!) of a positive outcome on water. All these potential positives whilst investor sentiment is at 'stomach-dragging' lows. Represents an opportunity IMO. The first decent aggressive buyer will turn this and many will try and ride that wave up. With the margin situation forecasting bottoms is pointless. I've started averaging in from today

[pugugly] 19/12/2013 12:14

che7win:> Thanks for the link.

[worraps] 19/12/2013 12:11

Masurenguy

I think you should address that post 13548 to superg......those were his words, not mine.

[superg1] 19/12/2013 12:10

Worraps not at all.

It's a fantastic business opportunity, and that's where the frustration kicks in.

Basic errors, have meant big drops in the price as in the water permit.

I'm not off at all, imo it's still the best prospect, but it needs the bod to get a grip and stop these basic errors.

The water bureau haven't said 'you are not having it' all we know is engineering off-take issue.

IE some muppet either didn't record big enough pipes, or a big enough pumps, that's all I can make a guess at from that.

beneficial use, I'll stick with my theory re the bureau thinking IOF/hal are connected due to AWS registrations in Delaware, they are not.

Until IOF cough up that's all I have to work on. Engineering can be a basic fix, if the Hal theory is right, then that's just a letter, or discussion to clarify that.

I suspect basic errors hence my apparent negativity.

Your post raises a point thought. damned if I do, damned if I don't.

I spend time trying to word things, that 'sound right', then find someone somewhere reads it differently, so I get a question.

We have all had comms or an email, where we read it in a different way that the author intended.

E.G. My wife had an interview yesterday but in short comms I put stressed due to IV and having to go through many, not well etc lots of things to sort out.

After a few sorry to hear that's etc etc. The person replying pictured me in hospital next to my wife on an intravenous drip IV.

Yep she was not well, due to the stress of suddenly needing to come up with examples for competency based interview, but no not in hospital in a serious condition.

I knew what I was trying to say, and wouldn't ever dream that a recipient would come to that conclusion, but it just shows. he is still chuckling now.

That's true by the way.

Still can't find anything out there with better prospects than IOF, it just needs delivery, and getting rid of any staff they have that can't cut the mustard.

Every organisation has them, without fail. Anyone who has ever worked for others or run a business, cam name one at the drop if a hat.

Most of you just thought of one you know/worked with when you read that.

They cost time and money, they are Buds

If anyone ever gets the chance to listen to this guy take the opportunity



I will find the you tube clip some time about Bud.

A guy that took risks and none of his colleagues trusted him, broke all the rules but the management didn't deal with it.

While showing some VIPs how clever he was and brilliant he could fly, he stuffed all of them into the ground killing them all.

Colleagues that knew him, refused to get on the plane. That was all down to not dealing with a person who was known to be a liability, and documented as such.

Business is about decision making, if you don't keep an eye on it and make dynamic decisions things will fail.

IOF will be fine, but they scored an own goal by not concentrating on the minor points imo. Pennies and pounds and all of that.

[warrensearle] 19/12/2013 12:08

Anne can you paste the content not the link it is members only - not that I pay much credence to the cowboys that run share prophets but would be interesting to see the content

[anne55] 19/12/2013 12:06

Appears the bears at shareprophets are having a go at this one, do they raise legitimate concerns or are they just scaremongering ?

[shroder] 19/12/2013 11:55

If you take the various operational updates from say 9th Oct, 20th Nov and finally the 17th Dec they appear reasonably consistent.

The major difference with the 17th Dec trading update is the reflection on the past year together with forward looking statement for '14. This is where things have been allowed to drift (or not mentioned) and needed to brought in line.

This is typical of many companies who leave updates to the last minute hoping that things will improve, but they don't. Also some of the factors such as iodine prices are out of their control.

Other than that, I don't see a huge cause for concern. Perhaps expectations were higher due to media/press articles but overall the company looks sound.

[che7win] 19/12/2013 11:53

Pug,




A bit late in the day issuing a sell at this price, but each to their own.

[masurenguy] 19/12/2013 11:52

worraps - 13541: " to believe that IOF was the best and most exciting company on the stock market, and so safe to invest in"

No company is "so safe to invest in" especially an early stage, pre-profit AIM listed one. Investments made in any company need to be weighed against perceived risk and nobody should invest at a level that would cause them substantial risk if the company suffered a setback or even failed. Over-allocation of investment resources is not investing - it is gambling.

Many people fall into this trap - I've been there too in the past both in terms of spectacular success and failure via excessive overallocation of funds - and you generally learn the hard way. However you cannot blame any third party for failure (or success) by following and accepting their own view on any stock. The decision to buy or sell, and your resource allocation, is entirely your own responsibility.

[microcline] 19/12/2013 11:49

Ramu Give it a rest. N3 can handle his own publicity without any assistance from you. Now why don't you ask N3 where to invest your money when you sell up today from IOF.

[writz] 19/12/2013 11:48

SG, I think what took me aback slightly about the water permit announcement is that it falls in an area of company track record and expertise. Granted it's government, and granted "determination to deny" feels more alarming than maybe it is, this event more than any other made me reevaluate the management. Maybe it's just a symptom of Lance's withdrawal? Or maybe "non-core" means "we don't really have time and resources to throw at it." Either way, has the underlying problem really gone away?

[theprovosts] 19/12/2013 11:43

There has been a pesky iceberg order, unloading in wee chunks, along with an amateur hammering the bid down when its weak.

Around 85p is very good value considering just last week it was 150p odd.

Buy ahead of the stabilization / good news flow, because lets face it the bad news is all out in the open now.

A buy at these levels.

[adorling] 19/12/2013 11:36

I'm in for 10,000 - price has fallen enough and with all current known information 85p represents good value from here long term.

[ramu kumar] 19/12/2013 11:35

Posted on the other thread


N3tleyLucas
19 Dec'13 - 08:11 - 152 of 154 2 0


'what process is at work to get the critical mass of initial followers'

The ideas man, a few early converts, email, meeting f2f, in AGM, then pub... get it planned.

Make sure new converts are all family men, lots of friends.

That's all.

Then go to town on the bb's.

Company insiders.

"Organise" a pi shareholder register ON the bb.

Private bb, invite only (everyone wants to join)

All this works, until poor RNS flow. (smart money's gone)

Then it unravels, slowly at 1st...

Nearly smart money needs out, ultra ramp, multi av's

More bad news.

Collapse.

Bagholders are left.

[pugugly] 19/12/2013 11:28

che7win;> anyone. Can anyone post a synopsis of the IC article? as dependent on printed copy which will not arrive until next week - too late I suspect .

[worraps] 19/12/2013 11:26

superg, all those hundreds of hours of research that you did, and posted here, that allowed you to believe that IOF was the best and most exciting company on the stock market, and so safe to invest in.......are you now saying this is not so now? It would be nice to know, as your sentiment seems to have changed dramatically.

[superg1] 19/12/2013 11:20

Yes that presentation

I wasn't near CF buy someone said he muttered a T/O figure under his breath, as someone asked the question, and they heard what he muttered and it was impressive but I had a lower figure in mind.

At the end of they day they need to service io2 to optimise it, it seems. io4 and 5 on the website in photo's clearly waiting for the towers

15 days for the water permit discussion, so surely they will tell us what that is all about and what has been said.

I think it will be awarded, but then ................ no I'll start my numpty staff rant gain.

We all know one stupid error, whether conscious decision or not, can have huge consequences. There are a mass of global examples of basic decisions on minor points or lack of them, bringing down individuals or entire companies.