Itaconix Share Discussion Threads

[purchaseatthetop] 06/2/2021 17:44

TGWW....present gross margin is around 40% but Operational Gearing is very very high.

The present capacity of the factory is around $15m per annum before another $500k will up the capacity to $25m.

My estimate is that with such high fixed operating costs (hence low margin presently) the marginal gross margin on each extra $1m of income will be 75%. That is similar to much larger operators.

Therefore, with $75m income the gross contribution will be enormous. Market cap of well north of $300m IMO.

[the ghost who walks] 06/2/2021 17:21

Not really if you look at the margins

[dougerboy] 06/2/2021 16:33

ghost, $300M MCAP on $75M Rev is a bold rating...what Op Profit/other assumptions are you making for 7 years out from now?

[the ghost who walks] 06/2/2021 14:45

If itx delivers 75mln of revenue in 7 years, as per the fund raising document, the market cap will be several hundreds of millions, 300mlm or so I think. 10 bagger from here.

[parob] 06/2/2021 14:15

Not sure if it will ever be a 100 bagger (you never know!) but I have high hopes for MOS (Mobile Streams) which has huge potential with their Stream SaaS platform. Current MCap £3M with £1M cash and no debt. Amazed the MCap is so low but I thinks it’s because it’s under the radar. A bit like ITX was at 1p. Absolutely no guarantees whatsoever so DYOR if you take a look.

ARB will be a 100 bagger for me if it hits £2.98 (2.98p that was my lowest buy price) but of course too late for x100 from current share price

[hsdeo] 06/2/2021 13:42

Parob - apart from ITX what do you think match the criteria for 100x ?

[parob] 06/2/2021 10:13

This tweet just caught my eye.

Characteristics of stocks with 100x potential:

High-Quality Management
High Sales Growth
High Earnings Growth
Huge Opportunity
Low Valuation
Small market cap (<$500 Million)
Stable / Rising Margins

[parob] 06/2/2021 10:12

Already on the list!

[thordon] 05/2/2021 22:23

hxxps://organicjurenka.com/en/produkt/organic-deo-serum-botanical-50ml/

Grace83 found this product can we check

[purchaseatthetop] 05/2/2021 21:08

The price is rising. The volume is really low. I wonder the same thing.

[the ghost who walks] 05/2/2021 20:12

What you wondering?

[parob] 05/2/2021 12:19

Some large trades went through at 10.09am today. Makes you wonder...

[purchaseatthetop] 05/2/2021 10:12

Nice to see some rise again. Had almost forgotten about ITX with the excitement over on AGL, SAGA, NEX, MCRO etc.

[parob] 05/2/2021 08:28

6 more products found over the last few days. Added to list.Nouvelle HD Curl SerumhTTps://www.hsacosmetics.com/en/nouvelle/products/hd-curl-serum/Bioearth Styling moussehTTps://www.ecco-verde.co.uk/bioearth/styling-mousse-2Biofficina Toscana Waves & Volume SprayhTTps://www.ecco-verde.co.uk/biofficina-toscana/waves-volume-sprayeverescents Organic Lavender Pink Grapefruit Sculpting Lotion hTTps://www.everescents.com.au/products/organic-lavender-pink-grapefruit-sculpting-lotion/DevaCurl SupermoussehTTps://www.devacurl.com/us/products/stylers/supermousse/v/32066865397842Bioturm HairsprayhTTps://www.ecco-verde.co.uk/bioturm/hairspray

[thordon] 01/2/2021 20:48

Good Holding pattern , suspect we will get a few RNS soon

[purchaseatthetop] 01/2/2021 12:49

and the price dropped....as if by magic!!!!

[purchaseatthetop] 01/2/2021 08:44

Well I bought more at 5.96p this morning. Therefore I fully expect the price to drop to tease me.

[the ghost who walks] 01/2/2021 07:26

So we have established nothing prevents itx from communicating revenue deals. Now let's have some announcements!

[purchaseatthetop] 31/1/2021 19:37

cyberbub...answered it.

[cyberbub] 31/1/2021 18:23

Purchasatthetop, I've just dropped you a message on the ADVFN system.

[the ghost who walks] 31/1/2021 18:08

If they sign a material contract, they have to announce it, as it would be price sensitive. They don't have to disclose any details.

[purchaseatthetop] 31/1/2021 15:56

pubugly....fully agree. no names no pack drill.
However we might get an RNS like the one of feb 20:

25 February 2020

Itaconix plc ("Itaconix" or the "Company")

New European Order for Sustainable Detergent Ingredient

Itaconix is pleased to announce that it has received its first order from a second European customer for its Itaconix® CHT™ 122 bio-based detergent ingredient.

[pugugly] 31/1/2021 14:57

Most unlikely (imo) - Many contracts have commercial confidentiality clauses.

[purchaseatthetop] 31/1/2021 14:49

I would not be surprised to have several RNS declaring new contracts in the next weeks. Certainly I hope so.