Itaconix Share Discussion Threads

[wololol] 13/11/2020 18:13

I am basing it on years of experience watching ITX trades and looking at technical indicators on the charts and of course the excellent fundamentals and how undervalued this is. I am just trying to help people invest in a great company and make some money at good prices. If you look at my posts in the past on LSE I have have been right more than I have been wrong when predicating when the share price is ready to move up.

[gridlock1] 13/11/2020 14:14

We will.
But what are you basing it on other than pure guess work, as that’s all it is Wolowol.
You’ve been doing it elsewhere to I see.

[wololol] 13/11/2020 14:02

Let's see where the share price is at the end of next week.

[gridlock1] 13/11/2020 13:34

Wolowol.

8 grands worth of buys and 5 grands worth of sells does not move this up 25%

What are you talking about ?

[wololol] 13/11/2020 13:30

Looking at the chart and all the buying today, I wouldn't be surprised if it hit 2.5 next week.

[gridlock1] 13/11/2020 09:41

Wolowol,

I like your enthusiasm, however I assume you are the same guy that's been ramping this up over on LSE past couple of weeks ??

No problem with what you ramp, but one thing for sure if the market shared your views which you have been posting recently, then surely this would have nudged back up to 2.50 by now !!

[the ghost who walks] 13/11/2020 07:44

1.1mln Rev in first half, why would you be expecting a slowdown in 2h growth rate??.

[wololol] 12/11/2020 22:25

From 0.8 million revs in 2018 to at least 2.5million revs in 2020 for a company that has recently started the commercial journey is exceptional. When other major brands take part next year revenue growth is going to be exponential. Next year we are looking at 20-25 million market cap if all goes to plan.

[the ghost who walks] 12/11/2020 21:25

Revenues need to be more than 2.5mln this year, that would be slow,growth!!

[wololol] 12/11/2020 19:12

Going to be over $2.5 million revenues this year well over 100% growth on last year. People should know by now they don't release an RNS every time a new product is launched. They are a very modest and humble company and let the numbers do the talking. Share price is consolidating ready for next leg up, looking super strong. Got 2 new big launches already confirmed for next year. Break even in circa 12 months, improving margins at circa 37% .I don't know of any other company in this sector with this growth and potential valued at £8million. Time to buy imo.

[the ghost who walks] 12/11/2020 18:27

Need some new client announcements to get this thing moving. Trading update was a disappointment

[elsol] 12/11/2020 11:13

Just picked up another 1/4 mil shares @2p. Couldn't resist it...there is alot going on behind the scenes IMO that will feed year-end 2020 results and thro. 2021 and not all new client adds will ever get RNS'ed. The Biden win related US initiatives and increased "green voice" will drive this stock quite hard for the next year too. All we need is an 'A' and we will have growth drivers from A, B & C (Biden and Covid being the latter two). :-)

[mr doughnut1] 09/11/2020 17:29

The listing on the US OTCQB Market last December is starting to look like a very shrewd move given Biden's stated objectives.Let's see how it plays out.RNS 18th Dec 2019 - John Shaw stated 'I believe access to trading our shares in the US will benefit all our shareholders. Our novel sustainable polymers have generated strong interest and strong support from US based investors. Today's move onto the OTC Market facilitates investment from the United States by simplifying the trading process for potential. US investors, enabling them to trade our shares in US dollars during US trading hours.'

[wololol] 09/11/2020 15:07

Share price is gradually climbing. This is a proper solid manufacturing stock. All the micky mouse covid plays with no revenues getting hammered today. Money is going to pour into proper growth story green credential stocks with great fundamentals like ITX.

[lefrene] 09/11/2020 14:23

Evidently Biden and his 'green' policies hasn't made a difference to the outlook here.

[parob] 05/11/2020 13:02

2p paid. Looks like the overhang has cleared.

[parob] 05/11/2020 09:30

Think we may see a large delayed sell pop up at some point. All the trades yesterday and this morning at 1.9099 were buys but the offer price is moving up now, potentially signalling the sell has been absorbed.

[pugugly] 03/11/2020 20:20

Lets just hope that bonus is tied to profitable contracts and geared so that the more contracts and more profit the higher %age she can take home - Would have no worries if she could make $500K plus p/a with no upper limit provided sale and margin targets are achieved.

[supernumerary] 03/11/2020 20:04

Thordon - it's good, but 47% would be better :) How much do his customers need his polymers, and what proportion are they of the final product cost? A lot and not much would be my guess, so there ought to be scope over time for improvement. I guarantee that at the moment they're a lot more focused on screwing down their costs than he is on pushing up his prices, and that's an imbalance that needs to be addressed.

dex - your edit is apt. Of course she'll follow the bonus - that's what it's there for - but hopefully having somebody competent in that role can deliver the sales even as Roberts raises the prices. It's clear that he's intent on reducing production costs, but he's a techy and that's his comfort zone. It's much harder for him to work out his pricing power and how he can exert it, but that's really easy money if he can do it.

[thordon] 03/11/2020 18:28

37% margin is correct

[supernumerary] 03/11/2020 10:46

wolo - I'll take another look - I sat through the whole of the two previous presentations and to the best of my knowledge never heard the word once. Maybe somebody's already whispered in his ear :)

[dexdringle] 03/11/2020 10:43

"supernumerary3 Nov '20 - 10:15 - 3562 of 3563

I just hope she can convince him of the importance of margin"
------------

I expect she's currently focussed on trying to convince him of the importance of paying her a nice big fat salary and benefits.....

EDIT: have you ever known a sales person who was the slightest bit interested in 'margin' ? An accountant maybe but a sales person ?

Think of all those big government contracts that the sales negotiating experts at Carillion and Interserve took on which, it turned out, had no margin whatsoever and took those companies down. But I bet the sales people who 'did the deals' rode off into the sunset with a nice big bonus......

[wololol] 03/11/2020 10:35

Hi Super. If you watch the latest Proactive video they talk about margin. It's improved massively as fixed costs have reduced. Operating at around 37% margins at the moment. They also mention Margins in the financial reports .

[supernumerary] 03/11/2020 10:15

I just hope she can convince him of the importance of margin. He only ever talks about revenue, and doesn't seem to realise that margin improvements drop straight to the bottom line - vital when you're chasing cash break-even. I remember BYOT used to have that problem - selling bulk products at commodity prices, rather than speciality products at premium prices - needs a completely different mindset.

[geraldus] 03/11/2020 08:00

Great appointment.A heavyweight in technical sales is just what is required.Should be gearing up now.