Iofina Share Discussion Threads

[monkeymagic3] 23/1/2014 22:05

That was painful!

[worraps] 23/1/2014 21:59

mm.....it was a comedy.....

edit:...ah, I've got it......the spanish waiter, Manuel.

[worraps] 23/1/2014 21:55

naphar

I used to feel pleased that we had such a qualified management, and a sought after product, and ground breaking technology. But, these last few months have left me feeling I've invested in Fawlty Towers instead. If you're old enough to remember of course!

[superg1] 23/1/2014 21:53

If right as a balls up, it isn't the first and won't be the last.

I have something swimming around re GKP and a broker stupid error.

[freshvoice] 23/1/2014 21:50

I think they already failed the exam on that
I count as 2012, 2013, 2014, 2015
They seem to count
2013. IO1, IO2, IO3
2014 IO4, IO5, IO6, IO7, IO8, IO9
2015 nowt
2016 IO10 etc

With that level of accuracy I discount the rest of their work
There are so many contradictions it's laughable,
One error accident, two errors coincidence, three plus errors, I wonder why?

[monts12] 23/1/2014 21:46

These are the analysts named on the actual Numis note:
Analysts
Sanjeev Bahl
[phone] [e-mail]
Kathryn Leonard
[phone] [e-mail]

[monkeymagic3] 23/1/2014 21:43

Fresh - what about math?

[freshvoice] 23/1/2014 21:40

I have already - not at all impressed by geography or chemical knowledge.

[bobsworth] 23/1/2014 21:33

Anyone fancy giving John or Rupert a ring to point out their gross error?

Taken from latest RNS

John Prior/Rupert Krefting

Numis

Tel: [phone]

[naphar] 23/1/2014 21:32

worraps, not funny for sure. Reading the Numis note, I just do not get it, seems very contradictory with it's own comments in places, and things don't seem to add up.

[worraps] 23/1/2014 21:20

monkeymagic3.....I asked the same earlier today, but no-one suddenly seems to know.

[worraps] 23/1/2014 21:19

The shareprice has now lost 66% of it's value in 7 months. Because of a 3 month delay? I01 to I06 will all be (I bloody hope) producing in a matter weeks. The iodine in reserve will have been sold and transported this quarter. And yet some are predicting further falls. The whole situation is ludicrous, and cannot entirely be put down to the fact it's AIM.

Many are saying the shareprice is cheap, and a good buy. Just like was being said all the way down through the 66% fall.

If Numis really have made a serious error, on top of all the other problems during 2013, well it wouldn't take much for IOF to become a proper laughing stock! And if it hadn't cost me a fortune, I would be laughing too. You couldn't make it up!

[freshvoice] 23/1/2014 20:57

Hurricane,
Very soon can't be soon enough!

[hurricane.] 23/1/2014 20:31

GMP note due very soon and other news.
Sentiment will change quickly. Current prices are a bargain.

[monty panesar] 23/1/2014 20:04

Looks like the recent efforts to resolve the 3 week old Chilean Port Strike have failed. Still no real shipments of iodine for 3 weeks. Damn, damn, damn!!

[n3tleylucas] 23/1/2014 19:59

Nobody believes anything that comes out of this firm or its brokers.

You pour out the numbers as if you are printing money.

This is a classic example of everything that's rotten with AIM and with MB's.

Be very careful with this one, you don't appoint a tiny Canadian joint-broker for nothing... a funding is coming.

[danster4] 23/1/2014 19:29

Are IOF getting £4m cash this year from an old contract? Is this factored in or is the cash just clearing a debtor on the balance sheet! Either way this should help cashflow at the very least.

[superg1] 23/1/2014 19:23

Pc

It looks to me as if they have put the cost of goods as the going rate for the cost of iodine, rather than the opex level they quote, which in theory leaves.

Cost of goods comes out at just over $44 per kg for this year. Yet they quote $21 opex.

Looks like a mix up to me when trying to figure out the chem div v the io plants

[pcjoe] 23/1/2014 19:10

Thanks for the clarification Frog - Numis have us down for 8 million dollars Gross profit for 2014 - They`re havin a Larf at these opex rates & 700T production

More like £6 - £8 million Net! - Dont even think I could find an ADVFN troll that would argue with that simple approx calc

Bet one tries though - Figures please chaps...........

Oh & then we can apply Netleys infamous formula to the resultant EPS to find out what the current share price should be

[superg1] 23/1/2014 18:40

Longsight

No understanding.

Yet you ask what optimising means ?? really.... you don't understand what it means.