Itaconix Share Discussion Threads

[geraldus] 21/1/2021 11:38

Thanks for all your efforts.

[parob] 21/1/2021 11:33

Here is the updated list of products (that I’m aware of) containing Itaconix ingredients (DYOR).

I have put what I consider to be the higher volume products (based on my own research, please DYOR) at the top of the list:

Clorox Triple Action Dishwasher Detergent:



Dropps: Oxi Booster laundry pods



Dropps: Lemon Dishwasher detergent pods



Dropps: Unscented Dishwasher detergent pods



Dollar General Ultimate Dishwasher Pacs:



Resolve (Reckitt Benckiser brand) - Urine Destroyer



Family Dollar - Homeline Premium Dishwasher Pacs



Ecover - WASHING POWDER COLOR



Dapple Baby dishwasher detergent pacs
Baby dishwasher detergent (well sold on Amazon and widely across the USA)



Aldi (USA) home brand ‘Radiance Ultra Dishwasher Detergent’



PL360 Pet Stain + Odor Remover



Greenworks:



Method:



Puracy Natural Deodorant:



Puracy Natural Dishwasher Detergent:



Locks In Goodness Natural Hair gel



Beard Shaper Citrus



Nature Clean Laundry Detergent Pacs



Männerpflege - German hairstyling product



GROVIA MIGHTY BUBBLES LAUNDRY TREATMENT



Spots & Stripes Multi-Talented Body Spray


Saaren Taika Ecolution Finnish Hairspray



Cocunat Curl Spray - Curl and wave hold spray



GREAT BARRIER sun lotion



Mango Mazing Thickening Cream (Hair Cream)



Levrana - Russian hairstyle fixer spray



Faultless Niagara PREMIUM SMOOTH FINISH Ironing Spray Pro Grade



CURLS STYLING MILK - ALKEMILLA (ITALIAN HAIR STYLING PRODUCT)



KINKO Microbiomix™ Balancing Deodorant



OdoBan 360 Neutralizer - Odour eliminator



HONEST BUBBLE BATH



ILIA Essential Brow Gel



Peter Coppola - Keratin Intensive Repair Treatment



Italian co-op home brand: Salviette intime lenitive 15 pz



Nature Clean Stink Bombs



Safic-Alcan Clean Deo Natural Ball deodorant



AiiA - 3 products - Day Care Serum, Anti Wrinkle Care Serum and Body Care Serum.



Re Wear Dry Wash Spray (appears to be a new product)



ikoo HEAT PROTECTOR SPRAY(USA)



Sensitive Home - Glass Cleaner, Wood Cleaner & Shower Cleaner.



RIZOS CURLS - LIGHT HOLD GEL (Denmark)



SAAREN TAIKA ecolution MERISUOLASUIHKE 100ml (Finland)



THYST Serum 11(USA)



A greener place - Groom Styling Clay



Ivy & Elder - wear the wind conditioning wave spray



Alkemilla K-Hair Styling Mousse



Naturtint Hairspray



Bulldog Original Beard Balm



Phitofilos (Italian brand) - Brio Hair Mouse



MaterNatura (German brand) - multiple products inc. Wild Pansy Volumising Hair Styling Mousse



MaterNatura Rose Fixing Hair Spray

[geraldus] 21/1/2021 11:14

Surprised nobody has mentioned a final cash raise.That was the main topic a few months back, even after the previous funding.

[wageslave] 21/1/2021 10:48

No, just bought in. But am a realist.

[lefrene] 21/1/2021 10:41

H'mm they should be self funding by now, they should be able to borrow if they need to expand. Short are we? best be quick, there's some figures due out any day now.

[wageslave] 21/1/2021 10:14

What are the chances of a placing to straighten out the cashflow?

[photon] 21/1/2021 10:11

To the accumulation point, 250k trade marked at 9am at 6.044. Price at time was 5.90-6.10 and it was NT to buy while the trade was being worked.

[purchaseatthetop] 21/1/2021 09:38

Time to just leave this share to do its thing until the trading update. MM's will do their thing (just like the sharp drop today) to free up fear shares. I am happy with my holding as it is right now and await the update.

For the moment my two priorities are:
1) BMN - trading update most likely before 30/1.
2) MCRO - trading update booked 8/2.
Both should see rapid rises after these updates. More so MCRO.

Good luck everybody and just ignore the share price volatility. Maybe there is some accumulation going on in the background.

[the ghost who walks] 21/1/2021 08:27

Agree, thanks

[purchaseatthetop] 21/1/2021 08:09

Pugugly....yes we are missing data. That is why the rest of the evidence is key. IMO there is no way the new VP's for Sales and Ops would have been recruited unless actual sales were roaring ahead. Also, the new recruits would have seen the management accounts to just before their recruitment and would be looking at share options. All the evidence points me to be 75% confident that H2 will be over $2m. I am betting that we are impressed. The broker forecast of $1.7m is defining the price and I think we know more now.

[parob] 21/1/2021 08:06

I am not sure how new some of the products are, more of a case that we're only just finding them.From the 22/7/20 trading update:Volumes and revenues increased from new and recurring orders in detergent, odour control, and personal care applications. SIGNIFICANT REVENUE GROWTH has come from customers successfully LAUNCHING NEW dishwashing products using Itaconix formulas based on the Company's new TSI 322 detergent polymer. hTTps://itaconix.com/wp-content/uploads/SDS-Itaconix-TSI-322-HCS.pdfI think this must include Clorox Triple Action pods as the CAS number matches up. Perhaps the two dishwasher detergents from Dropps (lemon & unscented) too.So it sounds like the new TSI 322 dishwasher detergent could be responsible for the jump in revenues in and May and June 2020. Is that how others are reading it?Anyway, I have tweaked the list so that products at the top are those where I personally (DYOR) think we'll be seeing the highest volumes (based on my research). List to follow shortly.

[pugugly] 21/1/2021 07:56

The other point to consider - again no data - if how much of the previously declared revenue was due to pipeline filling and how much repeat sales. The latter are of course the key to long term success,.

[purchaseatthetop] 21/1/2021 07:51

And also I nice array of different categories of sales. Large quantity orders with lower margins with Croda etc with extended terms of trade. Small orders with high margins for smaller companies also probably paid up front so good for cash flow.

[the ghost who walks] 21/1/2021 07:27

Agree. This is the key as it puts us on the path to the massive revenue projections.

[the ghost who walks] 21/1/2021 07:11

Parob has a good list of all the new products, parob could you repost or? Thanks

[markinvestor] 21/1/2021 06:42

Renewable energy stocks may be active on Thursday after U.S. President Joe Biden signed a series of executive orders in his first hours in office focused on combating climate change. Biden rejoined the Paris Climate Agreement, which former president Donald Trump had withdrawn the country from, and signed a series of orders in areas like automobile standards and applicance efficiency requirements

[purchaseatthetop] 21/1/2021 06:38

I do not think that the new Croda products are ITX. They are Genesis Biosciences:

[thordon] 20/1/2021 23:53

We have gone from dozen products to over 100 products
That's the game changer

[supernumerary] 20/1/2021 21:02

I'm happy with it, why aren't you?

[the white house] 20/1/2021 20:58

Good point, however, others can and have found ways around this. ie last week I noted an RNS that stated...we have signed a deal with a major UK international supermarket which has links to Ireland....Now, this could easily be less traceable should you wish, say...a food retailer in the UK...Is nada the only/best option for all?

[thordon] 20/1/2021 20:46

You are correct elsol , ITX are bound by the sales and who they sell to.
this was mention in a pod cast that clients want to remain hidden.

[elsol] 20/1/2021 19:43

Evening white house. I addressed this exact question direct to ITX management a few months ago. The answer is "we are increasingly being asked to respect client confidentiality where our active ingredients deliver competitive advantage for our clients' products". My take here is that many end clients of ITX clearly want to remain under the radar of competitors to the maximum extent possible - green / eco constituents are increasingly the differentiation factors of client product selection with the possibly of cost/pricing positioning benefits too.

[the white house] 20/1/2021 18:40

I think update is the key word here. A year ago at around this time there were 5 updates of sorts within a fortnight either side. Currently, even with a Marketing Head who has been in place for over 2 months, there is radio silence. Given the vast number of new liaisons that Parob et al have uncovered why still no publicity of eg new clients, when there used to be'Trading updates seem to be almost random here but last 1/2 year was 6 months Friday so who knows'

[purchaseatthetop] 20/1/2021 18:35

Yes we do pugugly. Lots of work has been done on it. Huge amounts. In summary:
H1 2020 was $1.1m - $600k in months 1-4, $500k months 5-6
Therefore average $150 per month then rose to $250 per month last 2 months.
H2 2019 was $650k - average around $114k per month.
Therefore we can see geometric growth.
Recent job advert for Production Operator (urgently required for 2nd shift) quote "rapid growth".
Recruitment of VP sales and marketing Nov 20, now VP Ops last week or so. Both expensive
Parob and crew have identified huge numbers of new products
Trading update of autumn last year stated "new customers began to come on stream" not exact words but you can see. Therefore many new ones added to H1 2020 revenue
Therefore, if it was $250k per month end of H1 2020 and had increased by $100k per month from first 4 months, then if no growth would be $1.5m for H2 2020.
I expect 50% growth in H2 2020.
I expect $2.1m+. Brokers forecast $1.7m.
Lets see who is right.
Anyway...all conjecture but we have been working and disagreeing on it. I think that the actual figures must be far higher than broker forecast and the share price will shoot up.
IMO only. Might be rubbish.

[pugugly] 20/1/2021 18:22

next trading update (imo) going to be critical - If revenue above expectations then 2nd stage engine will fire and share price potentially into double figures.

If not then a lot of brown trouers and stop losses being triggered -

What level and which way must confess No real Idea -

Thanks to parob we have an idea of possible number of customers but no real idea of volume and revenue -