Iofina Share Discussion Threads

[che7win] 12/6/2013 10:15

Pity about Lance, wishing him well.

[captain_kurt] 12/6/2013 10:15

Lance is still in the background as a consultant.

Get lots of rest and thanks for your hard work to get us to this point

[beercapafn] 12/6/2013 10:13

Lance gone.. BUM... thought he was great at keeping everyone up to speed.

Company should always be stronger that "A" man. I think we would all wish him well.

[crazycoops] 12/6/2013 10:12

Very sad news about Lance - I am expecting a significant share price dip on the back of this. However, he has been instrumental to getting us where we are today and hopefully, they will be able to make a heavyweight appointment to take the group forward.

[warmsun] 12/6/2013 10:11

Board Changes



The Board of Iofina has accepted, with regret, the resignation from the Board, on health grounds, of Lance Baller the Group CEO and Company Secretary. As a result, the resolution to re-elect him as a Director of the Group will be withdrawn from the agenda at the Annual General Meeting ("AGM") to be held on 19 June 2013. Mr Baller has been retained as a consultant to the Group with effect from the AGM.


Efforts to recruit a new CEO, who would be joining the group at a very exciting time in the rapid development of the company, are being pursued immediately. Chris Fay will continue to act as Executive Chairman of the Group and, effective from the AGM, Stuart Eaton will revert to his Non-Executive role on the Board. In addition, Mr Simon Holden has been appointed as Company Secretary effective at the conclusion of the AGM.


Commenting on the resignation Chris Fay, Executive Chairman said:



"Lance's efforts, firstly as finance director and latterly as CEO, have been instrumental in the development of the group, not least the realisation of its production activities to the current status of two producing plants and the imminent roll out of many more. His commitment has been of the highest order throughout his tenure. The board is pleased to have secured his services on an on-going basis as a consultant to the group.

"The board extends its sincere best wishes to him and his family in the hope he will soon return to full health

[bobsworth] 12/6/2013 10:11

RNS
Board Changes

The Board of Iofina has accepted, with regret, the resignation from the Board, on health grounds, of Lance Baller the Group CEO and Company Secretary.

[microcline] 12/6/2013 10:01

Superg1
I refer to you post on the main IOFINA thread post 1590.
"best to look for the quiet shares that look good"
Do you use a stock filter program to your trawl thru the chaff to find the wheat or pick a share at random to research?

[diggulden] 12/6/2013 09:56

If I remember correctly, someone worked out that each 300MT plant is equal to approx £1 on the share price, based on the $60KG sale price and OPEX of $15KG.

That gives us a very clear guide as to where the share price could be this time next year with another 6 or 7 plants online.

I personally expect Iodine prices to weaken to around $50KG in the next 6 months, but even then, the profit is massive for Iofina.

[superg1] 12/6/2013 09:40

Che

With that recent video it was good to hear the roll out confirmed of 4 more this year with 6 to 8 or more next year, at that rate per year.

The many sites to put plants was mentioned.

Then came the comment that that commercial iodine is location specific, with some places having nothing and others lucrative. That's confirms that commercial resources are scarce. I believe the Bakken doesn't have commercial iodine.

So it just shows the importance of those contracts and leases. As we know, once you have a site, it can go on for decades, as in the case of Iochem and Deepwater chemicals.

The one shame is that with the CEO absent,he is missing out on the fruits of his labour in the previous years.

Had this happened about a year ago I do wonder whether IOF would have got to this transformational point in such quick time. As most now realise, it's a great team and expanding rapidly, as can be seen from links.

Production supervisors, project managers, landmen, plants designers, with plenty having arrived over the last year and some from previous good positions.

So the team one year on is completely different and apparently full of skilled and capable staff.

I have no doubt IOF will be building a good reputation as a company and employer, that now has many components in place to be successful.

[scrutable] 12/6/2013 09:37

librarian

The debate shouldn't look for partisan suupporters of one explanation. It's not a debate about Either/Or. It's not self fulfillment which drives the price direction, but SF is an important component of resonance, and resonance in engineering terms explains why the share price always overshoots and then turns back on itself.

In practice resonance is a description of momentum investing, ie more and more punters becoming aware of the change in direction of a share price movement and piling in to reinforce that same movement to the point that it too generously reflects true value and becomes less and less attractive becoming dangerous, and as it becomes more and more abandoned, turning ie reversing direction and building momentum again for all the opposite reasons. The mathematics of engineering science explains this Sticky Oscillation to which I frequently refer, but I have just described how it happens.

With all this oscillating 'noise' affecting the short term price the basic share price as though an ocean liner just steams on, on the same course, reflecting 'true value' unaffected in its progress along the managed journey.

Lots of forces (Drivers as investors call them) act on the share price. First establish the true, balanced, position best reflecting past fundamentals,which will be a point on the centre trend line. Then consider the business plan and investment instigated by management and how far it will drive the company's marketing and financial progress - but that is resisted by market conditions, themselves affected by international and national government policies.

These forces all acting on the share price have a resultant force which determines the basic direction and quantum of share price movement and therefore the centre trend which changes little until one of the major Drivers themselves change.

These changing convictions, the emotions of the Crowd can be reflected mathematically, which forms the basis of predictions for me. Wedges,pennants, support and resistance lines are all part of the visualisation of these surges in emotion of the crowd. but I have never been able to validate pictorial signals like Head-and-Shoulders, Saucers etc. For me the Sticky Oscillation is the useful part of TA and it always continues predictably until there is a clearly visible basic change in the fundamental forces I have just defined.

This analysis of mine is important to me and is copyright. Please do not repeat it without giving due attribution and repeating the copyright restriction.

[diggulden] 12/6/2013 09:31

Hydrodec has been on my list since early last year too, was tempted to take a position when it settled sub 10p recently but missed it, will continue to watch on that one.

My beginning of year tip KBC seems to have levelled out at 78p now so have taken profits, nice rise from 58p at beginning of year.

[john10] 12/6/2013 09:17

Sg1,

For what it's worth!

Quote from friend. Was told.

"a £10,000 company growing to a half a billion company"!

[john10] 12/6/2013 08:35

Sg1

"I note it hasn't done a lot share price wise over the last few years. Have you nay idea on timelines where they may feature."

Not really. The only thing mentioned was a couple of years.

[che7win] 12/6/2013 08:29

The beauty with this stock is the forward digging by some getting PIs ahead of the wider market, the company then confirming everything researched was spot on.

A lot of that early research the market has caught onto, but still broker notes don't include all the potential.

[superg1] 12/6/2013 08:21

Pc/Lib

Exactly, that's why you have to do your own research as the vast majority rely on what is out there and provided by analysts and tips sheets.

It's best to avoid the many being seriously tipped as I always consider the motive for those tipping them.

Certain tip sites seem to be 'legal' pump and dump, and those in them pay subscriptions too???.

best to look for the quiet shares that look good that the market and tipsters know very a little about, then DYOR to work out the prospects.

[pcjoe] 12/6/2013 08:13

Yeh Lib - Would I sell out for £10 or £25? - The sleepless nights I`ve had over that one.............

[the librarian] 12/6/2013 08:11

I think the poker analogy is a good one pcjoe, when it comes to making money by gambling it's usually the 95/5 % rule, you can apply that to so many of the things in this country, land ownership etc; and the more money you have the more you can make... or lose :0

However, IOF in my opinion is a rule breaker for the above, just a matter of time and patience. Even if there is a takeover bid, which some worry about, what a nice worry to have!

[superg1] 12/6/2013 08:01

John

I have HYR on my list, it's been there a few years, I can't recall why I put it there, as with most of them, but I add things as something looked good for the future.

A newspaper snippet or the like must have triggered the addition some time back. I must have a good look one day.

I note it hasn't done a lot share price wise over the last few years. Have you nay idea on timelines where they may feature.

[superg1] 12/6/2013 07:43

I look on Linkedin form time to time just to see how the team is growing.

If you click on this link it takes you you one guy, then you just click on the also viewed list for IOF guys, and the web grows quickly.

It's the silent growth we tend to miss

[the librarian] 12/6/2013 07:39

I like TA, all of the indicators are important in the big scheme of things... but it's for traders or those who want to feel comfortable with their investment over the long term. In the long term we don't really need it with Chris Fay giving an update like that!


'Can technical analysis be called a self-fulfilling prophecy?




This has been a topic of much controversy since the invention of technical analysis, and it remains a very heated debate. A self-fulfilling prophecy is an event that is caused only by the preceding prediction or expectation that it was going to occur.

On the one hand, the tools used in technical analysis - such as support and resistance, trendlines, major daily moving averages and other types of indicators - do seem to have predictive qualities. Often the price of an asset does move in the direction foretold by these indicators.

However, those who see technical analysis as a self-fulfilling prophecy argue that these indicators are "right" only because extremely large numbers of people base trading decisions on these same indicators, thereby using the same information to take their positions, and, in turn, pushing the price in the predicted direction. Others argue that technical indicators can predict future price movements because the basic tenets of technical analysis, on which the design of these indicators is based, are valid and provide real insight into the market and the intrinsic forces that move it.

However, both sides of the debate may be right to some extent. It is true that common signals generated by technical analysis can be self fulfilling and push the price of a security higher or lower, reinforcing the strength of the signal. That said, it's likely this may last only for a short time. Because the goals of participating investors and traders are different and there are hundreds of indicators informing these market players- not to mention fundamental forces that drive prices - it becomes nearly impossible for technical analysis to be self fulfilling in the long run.

For example, many technical traders will place a stop-loss order below the 200-day moving average of a certain company. If a large number of traders have done so and the stock reaches this price, there will be a large number of sell orders, which will push the stock down, confirming the movement traders anticipated. Then, other traders will see the price decrease and also sell their positions, reinforcing the strength of the trend. This short-term selling pressure can be considered self-fulfilling, but it will have little bearing on where the asset's price will be weeks or months from now. In sum, if enough people use the same signals, they could cause the movement foretold by the signal, but over the long run this sole group of traders cannot drive price. '
hxxp://www.investopedia.com/ask/answers/05/selffulfillingprophecy.asp

[skylite] 12/6/2013 07:28

I don't hold at the moment noli. I did hold twice last tax year (bought at 2p and sold at nearly 3 twice). There's not going to be too much happening now there until back end of 2014; stage 2 of larger doses over a longer period means a little patience. Throw in the constant need for funding and there's plenty of time to pick this up as a bargain. Will look again next Summer.

[the librarian] 12/6/2013 07:07

It did! He sounded a trifle bored, maybe it's getting a little tedious telling people the facts, doubt if they will want to give any more presentations until September. About time they let Yellow jersey do some of the PR so that they can focus on the job in hand?

[superg1] 12/6/2013 06:59

Lib

It seemed clear that there are a number of lucrative sites too.

[the librarian] 12/6/2013 06:39

I liked the way that Chris Fay was sounding very matter of fact on the interview. Another four this year which will bring it up to six, next year six to eight, could be even more than that. Also stated that prices will remain stable over the next 12 months.

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