Itaconix Share Discussion Threads

[ny boy] 10/7/2019 11:17

I am looking for a 10 year hold, not bothered about some fuel for a few meals over the short term.

[pugugly] 10/7/2019 11:01

Looks like shaort term profit taking for the odd say €500+ Just enough to buy a reasonable meal for 2 with wine at a top eatery.

[ragnarr] 10/7/2019 10:57

thats a bit better ;-)

[ny boy] 10/7/2019 10:00

Hoping for £10.00 + by late 2020’s

Got mine tucked away, will check in later in Q4 on progress but Jupiter is an interesting stake indeed!

[ragnarr] 09/7/2019 20:42

Surprised that we haven't had any RNS about Woodford selling a load, but Jupiter involved is good.

[krp10] 09/7/2019 19:30

Hugh stake building by jupiter

[soultrading] 09/7/2019 11:42

Thanks for the feed back guys.

[ragnarr] 03/7/2019 20:34

From Nouryon twitter feed - That's a wrap! Last week, our personal care team headed to Seoul, South Korea, for #incosKorea to showcase our latest innovations in skin & hair care, including our bio-based polymer Amaze share price Amongst the 300+ exhibitors, including Nouryon, it's clear that the future is natural!"

[pictureframe] 02/7/2019 13:06

Me.....waiting.. I have enough but will add IF it breaks below 2p. Thing with this share is it will fly once we get a repeat order.

[ny boy] 02/7/2019 12:55

Who hasn’t been buying this pull back, mad not too!

[ewanwhose] 01/7/2019 13:56

Depends who the buyer is. We'd hope for a long-term synergistic buyer (as at BBSN) to push the price up but could get a FI buying lower than market and happy to drip them out which would depress the price until they were gone.

[soultrading] 01/7/2019 12:08

I want to add some before the announcement of the holdings appears. As I think this will drive the price up fast.

[soultrading] 01/7/2019 11:20

Would you say not is a good time to add? Price seems to have bounced from here a few times.

[wololol] 27/6/2019 15:09

The board and indeed John are very conservative which I like. Under promise over deliver. Truly undervalued imo but true value will show in the end.

[pictureframe] 27/6/2019 13:01

Lets see if there are any director buys now

[pictureframe] 27/6/2019 13:01

They also said sales were ahead of the whole of last year in April this year.

Its a bit of a disappointment they haven't added to that.

[wololol] 27/6/2019 12:42

I think they have about 9 months cash left. Depends if we get some big news and revenues come from. Personally I see this as a buying opp as we wait for more news on big orders which could see the share price double over night.

[philipc240] 27/6/2019 11:54

Also any thoughts on when they'll run out of cash? Can't decide whether to buy today or wait for placing which sounds could be imminent...

[philipc240] 27/6/2019 10:53

When they due to be cash flow positive anyone able to confirm?

[ragnarr] 27/6/2019 09:51

Everything as expected no bad or good surprises - if anything slightly more on the positive than I was expecting from a very conservative board

[wololol] 27/6/2019 09:15

Fake drop this morning, this will be blue by end of day.

[pictureframe] 27/6/2019 08:26

Still dont agree re cash burn but do agree it's not worth adding until we see more sales come through. Might be tempted if we see sub 2p though

[pugugly] 27/6/2019 08:17

Looks like short term speculators bailing out - Sales going though at 2.1211p unless massive woody iceberg at say less than 2. still to be declared

[pugugly] 27/6/2019 08:01

From the accounts "The Group had net cash outflow from operations of GBP4.85m, partially offset by net proceeds from an issue of shares of GBP3.3m, giving an overall net cash outflow of GBP1.5m. Net cash balances as at 31 December 2018 were GBP2.1m. Furthermore, while our restructuring programme has reduced operating costs by over GBP2m per annum, the Group continues to have net cash outflows from operations. Subsequent to the year end, the Group received a GBP0.3m R&D tax credit refund and GBP0.24m from the sale of its minority interest in Alkalon A/S. "
So last year burn £4.85M - gut feel suggests burn may still be above £2M even given the reorganisation todate - Agreed with jung - Cash runway too short and will need further funding -

[jungmana] 27/6/2019 07:57

"In addition, the Company successfully completed the previously announced restructuring of its UK operations, reducing its overall cost base for ongoing operations in the second half of 2018 to a rate of GBP2.1 million per annum"