Iofina Share Discussion Threads

[mister big] 08/8/2014 11:31

Sorry if I understand you the tip went up 65% !
Perhaps , it wasn't bad throw advice !
The company is illiquid but I'm a fan of the business model ( clearly!) and think it will develop momentum.

[masurenguy] 08/8/2014 11:21

Hmmm...........I note that the following RNS was released by STM on July 4th.

RNS Number : 4369L
STM Group PLC
04 July 2014
Arron Banks, who, together with his related companies, is a substantial existing shareholder in STM, on 3 July 2014 acquired 3,494,747 Sale Shares, subject to regulatory approval. His resulting holding is 8,745,262 Ordinary Shares representing 16.36% of the issued share capital of STM.
Link to complete RNS here:


Below are the subsequent relevant posts on the IOF thread

mister big 4 Jul'14 - 22512: Check out STM group !

Festario – 8 Aug' 14 – 23393: Mr Big. About 7 days ago, you tipped STM for some very quick growth. I know nothing about them, but since then they have risen about 20%! I like such tips, do you have more? There is NOTHING on the STM bulletin board since March, despite recent meteoric rises.

I think a more transparent response might have included the following information:
The opening price for STM on July 4th was 18.75p
The closing price for STM on August 7 was 31p.
Since the above July 4th RNS was released there have been no further news releases by the company.
Since July 4th the total volume of shares traded in STM was 615,000 or just over 1% of the total number of STM shares in issue.
STM is a very illiquid stock with an average daily share volume of 33,000 shares, which means that only circa 16% of its total equity is traded in a calendar year.

There has been no news or contract announcements to trigger any increase in the share price. I leave you to draw your own conclusions of what prompted the very sudden 65% increase in the share price in the 4 weeks since July 4th !

[mister big] 08/8/2014 10:47

Not promoting anything - I responded to a question and gave some info .
Also i said I was a big holder and there's a reason - I like the stock !
Re other tips - buy gold, German bonds and short the hell out of France bonds - the price for qe will be paid at some point with Europe belated joining a very old party which had lost it's sparkle . Talk about taking the punch bowl away - it's 3am at the party and they are handing out coke. Asset bubbles everywhere !

[che7win] 08/8/2014 10:36

Alpha, Ever thought they might want to give an update on plants 5 and 6?Maybe there is some substantial news coming. Anyway, best to watch the ticker I always say.

[captain_kurt] 08/8/2014 10:34

Morning...50k buy just went through.
Waiting on the 25k LSE bid on the offer to show now

[joestalin] 08/8/2014 10:13

The problem here is that there is not much to say until the RNS is released. Last month, it was poetry that filled the vacuum.

[neddo] 08/8/2014 10:03

carry on mr big, good tips and posts,

[alphacharlie] 08/8/2014 10:00

You need to keep up Masurenguy. The comment was in response to Festario's post 23393, itself born out of an earlier 'casual throw-away comment' by AB. With precious few other comments at the moment, absolutely no harm done.

But you're right about DYO. Good advice.

Re my comment about the market re-acting (on balance well received, I feel) it seems the underlying sentiment here is currently well supported though I wouldn't have been surprised to see a small retrace with no RNS on monthly production.

It does make me wonder, however, why what amounts to simple book keeping which could be done by anyone who could use a phone or open an email and has basic knowledge of spreadsheets, seems so difficult to achieve in a business-like monthly manner. Just how difficult is it to enter numbers to a spread sheet which automatically 'auto-sums' a daily total from the operating plants on a daily basis given there are no more than six entries?

[madchick] 08/8/2014 09:47

He was only responding to a direct question for more information.

[angel of the north] 08/8/2014 09:45

So you object to Arron's post...then to go on and repeat it and furthermore to elaborate on it?
What a load of pretentious tosh.
I would prefer a bit of 'Arron banter' any day of the week! AOTN....out!

[masurenguy] 08/8/2014 09:00

mister big - 23394: STM is a very interesting company they specialises in people that transfer their pension out of the uk (usually after moving abroad)which potentially saves tax on income. They get a set up fee and recurring income, to date their renewal rate is almost 100% - therefore as their book of customers grow they get recurring income but the growth rate is still firing along as new business added. They process in Gibraltar and Malta and it's very low risk.They are the largest provider and as such Business growing rapidly as the trusted provider. It's low risk because they supply the administration like sip providers but no investment advice. The chance to expand into continental Europe is there too - via Germany etc with eu law allowing it but test cases pending. I think this share will be over a 1 pound in a year as the market realises how profitable and sustainable the business is. I own over 10% of the stock.

This is the IOF thread not a forum to promote your other investments. I am familiar with STM whose performance and share price has been very volatile since their AIM IPO @50p in March 2007. They have a concentrated shareholding with around a dozen shareholders - including the board - controlling around 75%. Although AIM listed they are effectively an offshore business registered in the Isle of Man with offices in Gibraltar, Malta, Cyprus and Jersey. They recently renewed their debt financing with £2.6m in convertible loans (convertible @26p) through third party funders with whom Arron Banks may or may not still be associated. He and his corporate entities have recently become the largest shareholders with a 16.4% stake. I note the comment "very low risk" is mentioned twice in the above paragraph.

I'm not expressing any positive or negative view on the prospects for this company but I would strongly advise anyone, whose interest might have been aroused by the above post, to thoroughly do their own research and due diligence before making any investment, which is standard advice I would give in relation to any potential equity investment. There is a rather stagnant ADVFN thread on STM which might constitute a starting point.

Meantime let's keep this thread focused upon IOF rather than a vehicle to promote peoples other investments.

[nellyb] 08/8/2014 08:47

market will react! ffs.

[malachey] 08/8/2014 08:31

I'd rather have a monday morning update. friday rns' are for bad news.

[artyabid1] 08/8/2014 08:21

Last updated was July 9th, I wasn't expecting another update till early next week.

[alphacharlie] 08/8/2014 07:59

July update gone AWOL - market will re-act.

[che7win] 08/8/2014 07:57

Superg, Didn't they have $50m or more before they merged with the Canadian lithium company, clearly things not going to plan for them if they need cash funding. Are they selling their iodine surplus I wonder....

[superg1] 08/8/2014 07:51

On the RB post.

Pre news that the lithium wasn't up to scratch and a shutdown was in play the share price took a dive.

So in theory if they are to get funding the share price may give an indictor pre news.

[superg1] 08/8/2014 06:51

Keep an eye on RB energy

Their suggested timeline to get the emergency funding has about a week to go.
They have quarterly results due next Thursday.

As we know iodine sales are funding the short term cash flow. In other words the bank account is very low.

A post appeared on them which is interesting (if true). QLI is their old name pre the recent change. The date of the post was 6th August.

"One more important information I should add: I was hired by QLI for this autumn (4 months trainee contract). However, they haven't sent me the contract and I'm supposed to start working in 3 weeks.

I called them yesterday and what they said basically is that they want to wait for the next big funding which should happen in a week or so. It is my impression that the financial problem is greater than I though and the deadline closer. If they cannot close this deal next week, we are in big troubles my friends

[superg1] 08/8/2014 06:42

Leggit

Apols for the questions on the point you raised, but I like to make sure any comments of a significant nature have good reason to be posted, especially on that water subject.

You are spot on, thanks.

[mister big] 08/8/2014 01:04

STM is a very interesting company they specialises in people that transfer their pension out of the uk ( usually after moving abroad)which potentially saves tax on income . They get a set up fee and recurring income , to date their renewal rate is almost 100% - therefore as their book of customers grow they get recurring income but the growth rate is still firing along as new business added. They process in Gibraltar and Malta , and it's very low risk . They are the largest provider and as such Business growing rapidly as the trusted provider . It's low risk because they supply the administration like sip providers but no investment advice .
The chance to expand into continental Europe is there too - via Germany etc with eu law allowing it but test cases pending .

I think this share will be over a 1 pound in a year as the market realises how profitable and sustainable the business is .

I own over 10% of the stock .

The other tip would be Manx financial - really doing well and big share holder there with just under 30% of the bank !

A
Ps I tipped around 24p so up
30% but lots of upside when market catches up - the company is undervalued , and definitely a winner '

[festario] 08/8/2014 00:10

Mr Big.
About 7 days ago, you tipped STM for some very quick growth.
I know nothing about them, but since then they have risen about 20%!

I like such tips, do you have more?

There is NOTHING on the STM bulletin board since March, despite recent meteoric rises. Talk about 'under the radar' and 'pings', that is exactly what seems to be happening at STM, (whatever they are)

[bogg1e] 07/8/2014 23:38

Sorry been out most of the day but cheers for the feedback.

[cyberbub] 07/8/2014 22:02

I dont think central admin costs are included in opex per kg, they aren't normally? However I would hope that Lance will have those down to about $3 - 3.5M going forward... and as you say there should be no tax for a couple of years or so... though your exchange rate needs adjusting as mentioned elsewhere...So Boggle's figures are not that far out IMO.....but the real winner for IOF will be if the market sale price for iodine goes to $50+.....and Mr Market does look forward...NAI

[mister big] 07/8/2014 21:39

I was also saying his take on the value of Atlantis was valuable and he knows the oil business