Itaconix Share Discussion Threads

[the ghost who walks] 26/1/2021 08:11

Really hoping he does and interview today, think that could be interesting,

[purchaseatthetop] 26/1/2021 08:11

TGWW's.....when we get numbers. The message says slightly ahead of current market expectations. WTF is that?

[the ghost who walks] 26/1/2021 08:08

I won the prediction though ?

[purchaseatthetop] 26/1/2021 07:56

astralvision....I wonder if they have, shall you say, "massaged" the figures to drop them in H2 2020 (provisions etc) so that they deliver the H2 forecast plus a bit (as you say) but have plenty in hand for a gang busters H1 2021.
We used to do that when I ran businesses. Very conservative accounting when it suited us to time delivery of value.

[parob] 26/1/2021 07:55

In the most recent presentation John mentioned it takes brands something like 3-4 years to reformulate products, and now we're starting to see the fruits of this.I would say Clorox Triple Action Dishwasher Detergent is a major launch of a new brand, that hit the market last year.hTTps://cloroxautodish.com/

[astralvision] 26/1/2021 07:51

Good numbers and great growth. Number was exactly where I suggested it would be, brokers forecast plus a bit. That is exactly the way to do it.Everything set up for another strong year, excellent stuff!

[purchaseatthetop] 26/1/2021 07:50

This is a tease. Slightly could be $1.8m- $2.1m range. Anyway....like the cash position bit a lot. That really counts as well.

[rivaldo] 26/1/2021 07:47

Good to see revenues, EBITDA and - importantly - cash all slightly ahead of expectations.

Given the very good growth half on half already in the forecast no-one should have been expecting a lot more than this. I particularly like the comment that "Major launches of new brands and reformulations of existing brands occurred in dishwashing detergents, hair styling products, and deodorizing cleaners".

[geraldus] 26/1/2021 07:45

Gave numbers out in 2019/20.Haven't looked back after that.

[the ghost who walks] 26/1/2021 07:40

No they haven't. This update indicates around 1.8 for the second half, which is in my range of acceptable but not better than i was looking for. It's ok, but indicates that there wasn't a massive acceleration experienced, just continued steady and high growth as per previous half year.The main statement I think is on major brands, hopefully in an interview or something they give some guidance in this,

[geraldus] 26/1/2021 07:33

Numbers have been given previously.Might get an interview later.

[parob] 26/1/2021 07:29

So if they're basing it on the N+1 Singer forecast (from Oct), we are looking at higher than $2.8m for the year, up from $1.3m in 2019. Minimum of around 120% growth.Good to see cash position ahead of expectations too.

[the ghost who walks] 26/1/2021 07:11

1.7. I take it to mean in the range of 1.8-1.9, which is exactly what I was forecasting. Would have liked more guidance on how revenues are moving, but the reference to major brands launching is I think encouraging.

[geraldus] 26/1/2021 07:06

Statement out.What are current expectations, no numbers.Nevertheless reads positive for a change but brief.

[purchaseatthetop] 26/1/2021 06:31

This feels like the calm before the storm. Flat calm sea. No sound. Just whispering in the sails. Waiting for news. Spooky after the frenetic action of the previous weeks.

[thordon] 25/1/2021 21:18

Do like Kromek has massive going for it , just spook at when break even.
Its much like ITX the only difference is we know within the 12 months we are break even.
After that just profit increases as demand continues.

[the white house] 25/1/2021 12:49

No, hope this helps

[hsdeo] 25/1/2021 12:40

Good day to all. Has anyone looked at Kromek. seems to be undervalued for the potential, I bought a few whilst waiting for the results for ITX. cheers all

[parob] 24/1/2021 08:09

Bottle cleaners were on the list I posted from the presentation yesterday (post 4235) but I hadn't found any examples of products, well now I have! Sodium Polyitaconate listed in the ingredients:Bottle Bright Natural Cleaning Tablets hTTps://bottlebright.com/products/water-bottle-cleaning-tablets

[thordon] 23/1/2021 19:36

1)
Itaconix® VELASOFT™
INCIs:Sodium Polyitaconate
Categories:Stabilizers & Control Ingredients
Product
2)
RevCare™ MC
INCIs:Sodium Zinc Polyitaconate
Product
3)
Itaconix® CHT™ 122
Product
4)
Itaconix® DSP 2K™
INCIs:Sodium Polyitaconate
Product
5)
Itaconix® ZINADOR™ 22L
INCIs:Sodium Zinc Polyitaconate
Product
6)
VELAFRESH™ ZP20
INCIs:Sodium Zinc Polyitaconate
Product
7)
VELAFRESH™ ZP30
Product
8)
Itaconix® DSP 1K™
Product

[thordon] 23/1/2021 19:18

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[thordon] 23/1/2021 19:11

Interesting

The Ropella Group Assists Itaconix in Finding Chief Commercial Officer

January 4, 2021 – The Ropella Group, an executive search firm specializing in the chemical, consumer products and technology industries, has assisted Itaconix Corp. in the recruitment of Monna Manning as vice president of marketing and sales and chief commercial officer.

“I am excited to have Monna join our executive team,” said John R. Shaw, CEO of Itaconix. “Her success and skill at creating demand for new ingredients will add new revenue potential for both our current products and new products emerging from our development pipeline.”



Ms. Manning joins the company with extensive experience at generating demand for specialty materials with technical sales operations to engage with customers on new product formulations. She has more than 20 years of product development and sales, applications, and plant scale-up in the oleochemicals industry. Ms. Manning served most recently as general sales manager North America and Latin America for Glatfelter, having previously worked at Peter Cremer, Siovation and ABITEC. Ms. Manning holds a bachelor’s degree in chemistry and biology from the University of Notre Dame.

Headquartered in Stratham, NH, Itaconix Corp. is a global provider of polymers from itaconic acid. The company has a growing a portfolio of functional ingredients that are used in a range of consumer products, including laundry detergents, auto dish wash (ADW) pods, odor management products and hair styling.

Veteran Search Consultants

For the past 35 years, Ropella has been a strategic partner serving clients in the chemical, technology and consumer products industries. Among the firm’s clients are chemical companies such as BASF, Dow, Akzo Nobel, Tate & Lyle, National Starch (Ingredion), IFF and Lonza; technology companies such as GE, J&J, Ethicon, Tyco, Sony, PPG and Benjamin Moore; and consumer products companies such as Clorox, Nike, Bayer, Whirlpool, JM Smucker, Shell Gas and Reckitt Benckiser. The firm is headquartered in Milton, FL.



The firm’s president, Robbie Ropella, works closely with her husband, Patrick, chairman and CEO, to provide synergy and balance to the search team. Ms. Ropella has over 25 years of recruiting experience in the chemical, allied and high technology industries, giving her insight into the unique career, recruitment and hiring challenges faced by leaders in these areas.

The SMART Search System

Ropella uses its proprietary SMART Search System, which was designed to drive the quality and speed of its searches. The system “helps us find highly specialized executives you can’t effectively recruit on your own, in about 10 days,” said the firm. “It impacts an organization’s long-term success, enhances their employment brand and yields a greater quality of hire.”

“I speak for myself when I say that the Ropella process has been impressive with regard to other search firms and headhunters we’ve used in the past,” said Clint Shepard, talent acquisition leader at the Dow Chemical Co., one of Ropella’s clients. “Truly a dynamic process between the research efforts, skill surveys, marketing piece and executive summaries.”

Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media

[hsdeo] 23/1/2021 15:39

The key things is the Sales appointment and ramping up sigft work. These tow together tells us eveyrthing we need to know about revenues/project growth.

[lefrene] 23/1/2021 12:00

It seems to me that they are breaking through the very hardest bit and rapidly gaining acceptance and credibility in their market place. It's a win for everybody, the end customer gets a 'green' product, and the manufacturer/retailer can add a premium for the 'greeness', thus boosting margins. This could well go exponential, and be in the nice position of struggling to meet demand.

[purchaseatthetop] 23/1/2021 09:52

The key part to me was page 12 of the presentation at 14.01 where the slide says "building a strong base to recurring use to accelerate growth".
That suggests to me that with in June/July 2020 they are looking at even faster growth in the future. Therefore H2 income should be well north of the $1.7m benchmark of broker Singer+1