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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Itaconix Plc | ITX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 3.50 | 2.15% | 166.00 | 16:35:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 162.50 | 162.50 | 162.50 | 166.00 | 162.50 |
| Industry Sector |
|---|
| CHEMICALS |
| Top Posts |
|---|
Posted at 20/12/2024 15:55 by gurunostradamus “I guess that's been the story this past 16 years, but maybe, just maybe, they're finally at the starting gate“Never lose hope Lefrene - I always think odd year - 2025- will be good for the outsiders - ITX is definitely in the outsider class! |
Posted at 06/11/2024 09:50 by lefrene dex, that's because it's the AiM, 95% of it just a talking shop, fantastic success is always just below the horizon, always due any moment now, always passing the hat around. ITX has trod those boards for over 16 years, although to be fair the past three years they do seem to have got beyond just constantly inventing stuff they can't sell for a sensible price, and got to grips with being an actual business, with a sensible margin. The next few months should give us the lie that it has become an actual business with genuine prospects.In the meantime I presume this mornings mark down is due to some worriers fretting that Trump might damage things with high tariffs? Trump has a business brain, he is unlikely to use a broad one policy brush, he'll be selective, to do whatever is overall best for USA business. He understands how wealth is created, unlike the Socialists who steal wealth to bribe the voters with. Trump is more likely to help the likes of ITX to reduce overheads and export their products. Time will tell. |
Posted at 30/10/2024 14:42 by rivaldo The nightmare scenarion re AIM and inheritance tax has turned out to be a completely damp squib.A 50 per cent relief from inheritance tax will be applied to AIM shares, setting the effective tax rate at 20 per cent - so only a partial measure. So back to normal for AIM shares - and hopefully back to 150p-160p short-term for ITX. |
Posted at 25/9/2024 18:16 by elsol Hi Lefrene - re: "The company is acquiring record amounts of raw material, why? You don't have to mention names, but explaining why would help confidence no end".Answer: As per recent Brokers reports ITX have been growing the core ingredients business (ie higher GM/higher price per gram) at c.30-60% p.a. During 2024, this core 'true ITX' business is not obscured by the high volume of cheap low margin bulking chems volumes that was typically the case for the large "ejected merchandiser client" during 2022/23. So now the vols tonnage of Chinese ITX feedstock supply and % growth equates roughly to revenue % growth/vols out the door going forwards - simple maths correlation unless we are not tracking all the suppliers as JS mentioned on the call but I believe he is saying that so investors think they are unable to do the simple maths...the plant night shift and additional worker adds also indicates positive volume momentum for 2024/25 outlook. but DYOR. |
Posted at 11/9/2024 12:17 by lefrene Except to your energy costs and taxes supernumerary. I see charging cars by the mile is being promoted again, that'll kill your consumer economy! No more little jaunts into the country or to the seaside, thus greatly reduced casual spending on goods and services.Just needs ITX to come up with a petrol additive that might get the markets attention. |
Posted at 11/9/2024 11:25 by lefrene dex, I agree the climate scam is just an industry to keep the academic types in salaries. The first reference to climate bothering that I came across was via a woman keeping a diary through out the war and a fw years afterwards, and she mentions magazine articles in 1946 informing readers of an impending climate catastrophe.As for manipulating the people, the most recent big event is the complete blanking of the New York Repo-Market crash of 19-9-19. An event reckoned to be four to six times greater than the 2008 whoopsie, and not a mention of it anywhere except on WWW.wallstreetonpara By the end of 2019, it had consumed $19.87 TRILLIONS, after which they stopped reporting the figures to the financial industry. My guess $60 to $80 trillions had to be created to smooth it over. So when you have something of that scale to hide, I wonder what you might do to distract the sheeple? None of that helps ITX, who seem unable to add market value to their business, which to my mind is strange given that it's American managed. I should think that the tech adds far more value to a clients product, that the extra cost above phosphates. It's not 'green washing' it really is genuine 'green'. |
Posted at 11/9/2024 07:21 by lefrene dex, have you too visited Burgh Castle outside Gt Yarmouth? ("Climate Change scam"A Roman fortified Port that was at sea level 1600 years ago, and now a good 40' above sea level, and part of the mainland, whereas it used to be on an island. They've been running the scam since at least 1946, I suspect it has plenty of life left in it yet. My guess the Brussels crooks won't enact anti phosphate legislation until their friends in big pharma are ready, I'm hoping that readiness will include owning ITX! :¬) |
Posted at 11/9/2024 06:52 by dexdringle I can see another problem here being that, as soon as the Climate Change scam is exposed, interest in genuine worthwhile polution busting products will also fade. Which is a shame for the world as well as for ITX shareholders. |
Posted at 10/9/2024 11:45 by lefrene dex, I guess it's a case of clinging to the perch and not falling off, to prevent the bully vultures picking up the very valuable IP for pennies at a fire sale?They still seem to be a niche product, still waiting for a mass mainstream product to get their hooks into. The low margin 'merchandiser' will no doubt be very aware of how much value can be added to fmcg products by adding 'green' to the product. Thus he might take more ITX product as he tweaks prices enough to cover the extra cost? So give them another 6 months, see if the talk gets it any nearer to becoming an actual business. |
Posted at 28/2/2024 08:22 by rivaldo Forget the past - look at the huge potential from where ITX are now.ITX are at this stage of their evolution more likely to be valued at a multiple of recurring revenues given that this is where their core attraction lies in terms of "stickability" etc. Such a multiple could conservatively be say 5 times revenues - so to achieve a £60m valuation ITX would only need £12m revenues. Not such a big step from where ITX are today. And even if ITX were to be valued on a P/E ratio at a £60m m/cap, if ITX were forecast to achieve fast growth in profitability having reached an optimum point in scaling up, they'd be more likely to be valued on a P/E of 20 or more, thus requiring "only" a £3m PAT at the maximum. |
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