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ITX Itaconix Plc

262.00
3.00 (1.16%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Itaconix Plc ITX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
3.00 1.16% 262.00 15:54:53
Open Price Low Price High Price Close Price Previous Close
259.00 257.00 262.00 262.00 259.00
more quote information »
Industry Sector
CHEMICALS

Itaconix ITX Dividends History

No dividends issued between 29 Mar 2014 and 29 Mar 2024

Top Dividend Posts

Top Posts
Posted at 28/3/2024 09:11 by pugugly
Not a chance (imo) The "big boys" will not buy from each other and the own label and smaller coys will not buy from a major.

Possible buyer might be a major supplier of chemicals supplying the industries ITX currently selling to.
Posted at 28/3/2024 09:02 by lefrene
Parob, for that reason I suspect ITX will get bought out. The big hitters will want certainty of their own supplies, and will know they can jack up prices on the other end users to easily pay for the take over. It's just a matter of how much they are willing to pay.
Posted at 27/3/2024 09:16 by parob
Thanks rivaldo.Re Reckitt, from previous research it's their resolve brand where an ITX ingredient is used.hTTps://reckitt.com/us/brands/resolve
Posted at 27/3/2024 09:08 by rivaldo
Impressive Sharesoc presentation which I believe hasn't been posted here before:



Elsol has posted elsewhere a summary of some of the highlights, for which thanks:

"1. Only $2m needed if they wanted to build a new plant - v. low capital intensity and minimal electric used in process

2. So many parallel new product avenues are here beyond detergents and hygiene - many significant - new ones for me were crop protection and industrial water treatment

3. IP moat - 16 families blocks competition and locks us in to brands

4. Retail channels (now ubiquitous ITX in most key channels)- very diverse with >170brands. Amazon - large mail order access channel

5. We have Reckitt as a client also which I did not know - another massive cleaning/hygiene global player

6. Big bonus focus onto much higher new vol markets for 24/25+

7. Now we have an artistic painting and shoe/ leather items to physically demonstrate and showcase to ITX clients - impressive.

8. John 's words - "very bright future & very exciting" so my take is that we are really on the cusp of major diversification opportunities

9. Slick new ITX web site in c. 8 weeks time so early May should be launched - will bring further client adoption/conversion benefits due to greater external impact - we are now here to stay as a major ECO functional ingredients business with some compelling new marketing strap lines like we are seeing recently being trademarked"
Posted at 20/3/2024 10:52 by lefrene
At this stage of the company development they just need to get as much product out into the world as possible, to encourage as many end users as possible to employ it, and 'sell' it to their consumers as the magic green cure all. Of course keep margins as best the market will bear, but just now growth of end users is paramount. Margins can be squeezed upwards once you've got them hooked.

This business looks far too cheap to me, perhaps we need to call it ITX.AI. :¬)

The next set of figures should demonstrate that ITX is well out of the woods and picking up bigger contracts and gaining from the new products. Short of some sort of disaster imo this is only going upwards, as their product meets a genuine need, and is protected by a moat of patents.

I notice Unilever is selling off their ice cream sector, now I wonder what they could do with just a bit of the dosh that will raise? :¬)
Posted at 13/3/2024 09:42 by lefrene
Parob, if Unilever are using ITX, presumably some of the other big hitters are too, or will soon follow? I just hope Mr Shaw doesn't allow himself to be bullied into giving away too much margin in exchange for volume. People only value what they have to pay for, start piling it high to sell cheaper, very much sends the wrong message to the rest of the market, and pretty soon you find yourself being 'owned' by your clients. Talk to any farmer about how the big supermarkets operate!

ITX has patents, they need to get full value from those patents for as long as possible.
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.
Posted at 27/2/2024 11:26 by lefrene
PTT, one hopes we have finally seen the lows, and ITX will steadily acquire the market value of a growth business in an essential sector. There's bound to be a shake by the MMs to try to acquire stock to sell at higher prices, that's just normal playing the game.

I presume ITX is on the watch list of predators, it's not going backwards, the market for planet saving tech is likely to continue growing. Even if one of the big boys doesn't need it, they might want it to close it down, after all if you're the likes of Unilever, why share a lucrative market with a pesky minnow that could grow into a nuisance.

All it takes is yet more directives from Brussels that outlaw phosphates, and you're sat on a gold mine.
Posted at 26/2/2024 13:59 by lefrene
Horses for courses, Amazon caught the dot-com boom, and could be seen to have a rapidly rising revenue flow. It was All Americun too, and could have invented the phrase 'financial engineering', constantly leveraging the cash flow to grow the scale of the business. I didn't like the business model in the early 90's so I didn't buy it, a huge mistake.

ITX as we know is not an Amazon type business, it actually has something real to offer, but which can't grow cashflow in the way an Amazon style business can. So ITX has to prove itself as having value, which are PROFITS arising from a product that is wanted by a growing market.

Because ITX is so poor at promoting itself imo it's also exposed to private vulture funds pouncing on it, who will do a proper marketing job, and sell it back into the market at easily 3 times the current market cap. There is a list of positives as long as ones arm in this company, and yet it remains in the shadows. Vultures will be watching.
Posted at 26/2/2024 11:17 by lefrene
dexdringle, true the market is a perpetual horse race, but one has to know at what track the nag is running, and be interested/knowledgeable in the particular group.

Markets get moved by big money, and cash hungry small techies with a 'story' but no profits, are currently out of favour. (yes I know ITX is no longer cash hungry, but do the 'filters' know that yet?)

We are waiting for PROFIT in order to get noticed in a world that is looking for safety in low risk dividend payers. I'm expecting that this business will soon be able to offer profits and growth, protected by a raft of patents.

ITX will be known to the big players in the industry, it would make an easy bolt-on 'green' offering. All the hard work has been done, no more capital investment required, and once in profit capital could be borrowed against future earnings.

Hence I continue to hold in the expectation that once PROFIT is reached the value will improve, plus in my view a predator could pounce once their beancounters are happy with the figures.

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