Itaconix Share Discussion Threads

[parob] 16/4/2021 06:29

Interesting Patt!

[purchaseatthetop] 16/4/2021 06:27

In case you missed it. This is the new patent approved 11/8/20 that was not RNS'd.

The previous one for detergents was RNS'd in Jan 20:



The new patent lists it possible applications as:
Applications of the above for the prevention of scaling may therefore apply to and include, but not be limited to, pipes, boilers, oil and gas exploration (downhole drilling systems), water cooling systems, water purification systems (e.g., reverse osmosis systems), distillation systems, dishwasher systems and laundry systems.

Any other company, and I mean any other, would have RNS'd this. Why has ITX been so quiet? IMO there is a new JV with a major player and a new series of products coming out. NDA must be the reason. This could be absolutely huge.

I love the internet. Enables the canny sleuthing investor to peer into dark corners and find gold.

[purchaseatthetop] 16/4/2021 06:13

100p makes me £1.6m (at the moment but I am still adding)

[thordon] 15/4/2021 22:56

my 100p is getting closer

[purchaseatthetop] 15/4/2021 21:18

The new patent that we found (that has not been RNS'd by ITX unlike the previous one for detergents) that was approved in autumn last year is a descaler that has applications from oil wells to dishwashers. $250m revenue is just the start. Think big. Think everything. Sleep well.

[homebrewruss] 15/4/2021 20:36

I don't they would need anything like £250m revs for a £500m market cap.
If margins are around 35% then with £100m sales they might make around £25m profit (maybe more with operational gearing) and a fairly modest p/e of 20 would give £500m m/c.

There's a fair way to go for that of course.. let's aim for breakeven or further substantial revenue growth this year first.

[daveboy19] 15/4/2021 20:30

John is everybody's 'friend' now - I remember buying in on the idea 2017, at 1.61p. Then it went down to .50p or so, and I remember someone wanted a quiet word with John, as did I. Hence, my top slice at 3.98. You've got to wear the coat to know if it keeps you warm or not. Hope the good vibe continues for all concerned.

[ragnarr] 15/4/2021 20:30

Mr Woodford was right all along :-)

[dougerboy] 15/4/2021 20:05

Good question parob. £250M in sales should do it - so John would need to seriously exceed stated revenue goals. But then he does tend to understate and overdeliver. Long may that continue!

[purchaseatthetop] 15/4/2021 18:48

I think we have gone as far as we will till more news. Very happy with over 8p. Great week so far.

[nobbygnome] 15/4/2021 18:31

Can't see it myself. Maybe a little at 10p but after that it looks like 20p to me. I'm just a relatively novice chartist so happy to be proved wrong.

[gurunostradamus] 15/4/2021 18:17

I think there is a bit of resistance at 12/13 pence level!

[nobbygnome] 15/4/2021 17:52

Looking at the 5 year chart, the first real level of resistance I can see is at 20p. Seems a bit fanciful but that is what the TA runes suggest.....

[the ghost who walks] 15/4/2021 17:49

Irrespective 9 that. 100mln based on margins and growth gets you to 500mln.So they are targeting 75mln revenue.I conclude therefore that mcap moves above 100mln fairly quickly.

[nobbygnome] 15/4/2021 17:48

The 20k purchase late on which moved the one remaining MM off the 8.5p offer was mine. It's beginning to look like the MMs are caught and short and the chart looks absolutely gorgeous. Going up........IMHO!

[quantas01] 15/4/2021 17:44

Well these last few days just get better. One of the two drags on my portfolio GSK has finally bounced into the blue after Elliott Management declared taking a huge position. I thought there was something wrong with HL when I checked. Had to go scurrying around to see what happened. This week just keeps getting better. 8-)

[parob] 15/4/2021 14:48

Guys, what sort of revenue do you think we'd need to command a £500M market cap?

[daveboy19] 15/4/2021 14:44

Better than Opal Fruits !

[parob] 15/4/2021 14:24

I often go back to this text in the 23/6/20 RNS and I like others will be holding out for £1 minimum.Market research estimates the bio-based chemicals market was a $59 billion market in 2018 and will see projected growth of 10.5 per cent per annum over the next five years to 2023. Of the bio-based chemicals market, Itaconix operates within the bio-based organic acids segment, which currently represents approximately $13.5 billion of the overall market, with projected growth of 11.8 per cent per annum over the same period. The Directors estimate that, with Itaconix's current ingredients offerings, the future revenue potential to Itaconix of this market could be approximately $300 million per annum. The Directors also estimate that, in the next five to ten years, Itaconix has the potential to capture annual revenues of $75 million of this future potential market.

[purchaseatthetop] 15/4/2021 14:15

I love this share. It makes me rich.

[lefrene] 15/4/2021 14:15

10p would be nice! :¬) but the longer term prospects look huge

[parob] 15/4/2021 14:12

NT for just 10K shares currently with H-L

[geraldus] 15/4/2021 14:06

Lots of eyes on this.Smart money going in.