Itaconix Share Discussion Threads

[splatted] 08/1/2019 15:06

Chill yer beans.its coming!

[splatted] 07/1/2019 23:38

I don't believe that you think a + 25 mill mcap is highly unlikely here.if you do then you have not been checking up lately

[cudmore] 07/1/2019 21:12

Back in on the dip today. Transformational news coming. Hold tight for the ride northwards. GLA

[aba978731dom] 07/1/2019 20:35

I just want the flipping news to land FFS.

[cyberbub] 07/1/2019 16:49

Dex, we've all (myself certainly included) bought into shares at the wrong time. But while looking at the past can be valuable, it's important to evaluate any share mostly looking forward IMO

[splatted] 07/1/2019 16:33

Dex. You got in at the wrong time. Don't throw your toys out the pram now. The itx turnaround is just beginning

[jungmana] 07/1/2019 16:12

Interim results rns of 27th Sept worth reading again.Hold tight and add if you can.

[dexdringle] 07/1/2019 16:11

duplicate post

[jonnyfro] 07/1/2019 16:01

The $30m is for all the products I thought

[thecashmoney] 07/1/2019 15:59

Do you ever do any research?? Or do you just buy into anything going up then get spiked . Credibility is zero imvho

[dexdringle] 07/1/2019 15:56

Was it Go West in the 80's who has a song called "the king of wishful thinking" ?

There really are some dreamers on here. Talking about the share price being 56p for gods sake !

If these EVER get over (or anywhere near) 10p I'll be amazed. I'll also then break even - but any expectation of that has long since faded away once I realised I'd bought a dog. I have yet to see any evidence that is isn't still a dog....

[thecashmoney] 07/1/2019 15:32

It was in the investment case for placees.Akzonobel have 14b market share ,keen to reduce cost and have bio polymer product range .Out perform s oil base and itaconix have the cheapest cost of all competition by 90 percent reduction.Any of the major s would like to sign ,but looks like akzonobel have exclusivity agreement as seen in previous rns .

[jonnyfro] 07/1/2019 15:16

How do we know the deal with AN is worth $30m please?

[thecashmoney] 07/1/2019 14:36

Last placing was fully institutional,you have to ask why they was keen to invest here. This deal with akzonobel is worth 30 m per annum.If you use a p/e ratio of 15 ,the industry standard being 20. If only 33 percent was profit you would be looking at a m cap of 150m and a share price of circa 56p.The industry is worth around 110m per annum .The tech at ITX produces itaconic acid at 90 percent discount to it peers.Akzonobel have 1.3 b market share and imho would be taking full capacity of 30 m form itaconic.The deal has run over lose timescales of the 31st of December but evidence is there that this is near a conclusion.With limited shares in free float the re rate here will be significant .This is not your usual aim share ,it's one to hold and wait for the incoming announcement.

[splatted] 07/1/2019 13:36

Quite! AQUISITION !!!!!!! Watch this space ;-)

[cyberbub] 07/1/2019 13:28

Think from Akzo's point of view. If you're about to sign a long-term $30M p.a. contract with ITX (actual cost of production say $15M), and you have a massive pile of cash available, would it not make sense to buy the company for say 10 × $15M, and then you've made your money back within a fairly standard 10 years, and it's jam after that... as well as got yourself a marketing competitive advantage in terms of eco-friendliness!The main fly in the ointment for this theory could be that ITX has already signed a couple of deals with other companies, but these are relatively small beer and could be 'bought out'... where there's a will there's a way...NAI

[babbler] 07/1/2019 13:19

4.54 are buys btw.

[splatted] 07/1/2019 13:00

I think boom might be an appropriate word when that arrives,and that's only on what we are expecting,not including any possible juicy curveballs

[aba978731dom] 07/1/2019 12:27

I just imagine what effect an RNS will have on the price if this is now moving on no volume!! The spread ?

[splatted] 07/1/2019 11:17

RNs will sort out the gap! Gla

[aba978731dom] 07/1/2019 11:12

When it rises to 8p + there was no expectations like now we are close to the real news; why is there no interest especially when news is well over due as the bod project by end of Dec 2018 for news? This should have been trading at 6+ at least.

[splatted] 07/1/2019 10:40

Get ready!!!!

[splatted] 07/1/2019 10:14

Would prefer them to be sells at that price