Iofina Share Discussion Threads

[worraps] 27/1/2014 11:15

Knackers: It was trusting my instinct and taking risk that brought me to this point, plus researching thoroughly. All that research was a total waste of time. So now I'm afraid I don't trust my instinct, or anything else much.

[diggulden] 27/1/2014 11:14

Of course it does Bob, but the trend was down before the markets began to sell off. The question is where will it settle, it cannot continue down forever, I do feel it is starting to look ridiculously cheap for what it should achieve in the next 18 months.

[worraps] 27/1/2014 11:12

digg......Yes, I know they're obvious points, which is why I concluded by saying so. Yes, I do still hold, but actually feel sick of it all today, and have for some time. I feel totally incredulous at what has happened here, no matter how much I try to intellectualise it, and explain it away.

[bogg1e] 27/1/2014 11:11

I stand by my £3 per share by year end.

[festario] 27/1/2014 11:08

Bob, that may be true, but it is disproportionate in this share. Even more than the sector itself.
The gaming and entertainment sector was hammered on Friday, but has stabilised a little today, because they create cash.
IOF are in the business of creating cash in 2014, 2015 and onwards, so it is badly oversold now.

[knackers] 27/1/2014 11:08

To add:

- Trust your instincts and never stop taking risks!

[shonny] 27/1/2014 11:07

Any takers for £3 by Xmas? The chart looks destined for 50p at the moment.

[n3tleylucas] 27/1/2014 11:07

Diggs,

Is this good value now?

If they can make £5m 2014 £10m 2015 it's okay, but the drag is that debt, wtf they just didn't place is beyond me, it wasn't a big dilution at the time.

You need to keep above £100m though, or certain parties will dump and support looks around 50 from here.

You need some good 'real' op news.

Hope is not lost yet.

[bob alan] 27/1/2014 11:02

market world sell off, could this have a wee effect on share price ??

[jpsmithson] 27/1/2014 11:01

worraps good points and the most important of all in my book is never fall in love with a share.
That way when bad news arrives you can see it for what it is and not seek reasons to forgive failure.

[diggulden] 27/1/2014 10:59

Worraps, hate to say it but they are all pretty obvious! Most people learn the hard way in that respect, I did when I first started investing 10 years ago.

AIM is a different world when it comes to investing. Are you still holding?

[n3tleylucas] 27/1/2014 10:56

Preferred it when you hated me!!! lol

gla

[roboben] 27/1/2014 10:51

Good call Netters. Well done.

[diggulden] 27/1/2014 10:49

Hindsight is a wonderful thing Netters, so very easy to get carried away when momentum is high, I am guilty of that. Company have made it easy for the collapse in share price though, a combination of poor management, poor communications and bad luck.

Big question is where will it settle. Sentiment is a major part of any AIM stock, and sentiment is shot here at the moment. I am still in, although reduced positions to where I was, but sat on a loss on the positions I have added since December.

I still think the company will deliver, and do think this will be a good little earner over the next 2-3 years.

[bogg1e] 27/1/2014 10:46

Indeed you stuck to your guns netters. Well called.

[square1] 27/1/2014 10:38

Well done Netters- has to be said

[n3tleylucas] 27/1/2014 10:38

Well diggers,

We've had some fun eh lol... folk thought I was mental, especially @250.

Just shows you eh.

Thing is diggs, I have sympathy for the decent folk in this, I just think there are others that simply scream de-ramper when reality seems to be saying "you can't go from a to z that quickly".

[shonny] 27/1/2014 10:34

Another spectacular dive from IOF this morning. Could be in the sixties tomorrow at this rate.

[n3tleylucas] 27/1/2014 09:13

Bulls will do their damnedest to keep this supra-£100m.

won't they graham? lol

[shonny] 27/1/2014 09:03

Here comes the seventies as I predicted last week. IOF is fast running out of credibility. I wouldn't bet against 50p next month.

[wardy333] 27/1/2014 09:00

In freefall it seems where is the bottom??

[orslega] 27/1/2014 07:51

I'd like to think that Ennismore must be contemplating closing their short....plant update, large order filled/shipped, water permit closing, roadshows etc etc.....must be some positives in there somewhere!lol