Itaconix Share Discussion Threads

[ny boy] 22/8/2019 11:26

4p is an initial target, as it’s resistance

[jungmana] 22/8/2019 11:25

Back to 4p short term imo now that Woodford overhang is cleared . Holding tight to my small holding here

[parob] 22/8/2019 11:14

hTTps://tinyurl.com/y3yyanxj27/6/19The company now has established routes to market in multiple product areas, and we believe this offers a compelling platform for revenue growth in 2019, 2020, 2021For fiscal year (FY) 2019e, in spite of a delayed ramp-up of sales earlier in the year, we continue to forecast revenue to more than double. We are forecasting 2019e revenue of £1.5mln, with the underlying (LBITDA) loss narrowing to £1.5mln. We are forecasting a positive year-end net cash position, and we believe that cash resources are sufficient to fund the company's development through to profitability in 2021.In our in-depth report - "Gaining global reach, March 2019" - we highlighted a number of global comparators, companies with similarly sized market opportunities, and similar or earlier-stage levels of development. Market valuations of these peers suggest 3-5x upside to the Itaconix share price. We believe that the valuation of Itaconix may be depressed due to the shares held by Woodford Investments, whose issues have been widely reported in the media. This overhang notwithstanding, we believe that the fundamental value proposition can drive a re-rating during the next 12 months.

[parob] 22/8/2019 10:53

I only build up really large holdings in companies that I think have a good chance of being bought out in the long term and this is one of them (together with BIDS and OPTI).

[ny boy] 22/8/2019 10:43

Lovely stock to tuck away now Woodford has gone, opens up great opportunities for long term investors, looking to park some cash.

(PPS), another great stock, moving up (bargain hunters returning) after a wonderful pull back, great technology

[parob] 22/8/2019 10:40

For newbies:hTTps://www.proactiveinvestors.co.uk/news/downloadResearchPdf/430664

[hope67] 22/8/2019 10:30

The market hasn't twigged yet that Itx have handed over the marketing to Nouryon the customer reach now for its products is global N America, India, Europe, Russia and the Middle East

[jungmana] 22/8/2019 10:17

Never said "imminent". Said will need to raise funds about end of year as I believe that is needed to boost our coffers for 2020. Should be self sustaining in 2021.So one last placing of say GBP 1m should get us there.

[hope67] 22/8/2019 10:17

I think jw will buy in he knows good value

[ssrover] 22/8/2019 10:13

i wouldn't listen to the conman jungmana he was calling an imminent placing here last week...

talking his own book as per usual

[rakepat37] 22/8/2019 10:13

Seriously undervalued stock

[rakepat37] 22/8/2019 10:11

I reckon this is the hidden JW tip for this weekend podcast

[jungmana] 22/8/2019 10:05

Yep. Imo fair value today is about 6p ( GBP 15m market cap )

[parob] 22/8/2019 10:02

Even at 3p the market cap will only be £8 million.

[jungmana] 22/8/2019 10:00

Once 2p goes expect a swift move to 3p area in a few days.

[hope67] 22/8/2019 09:49

Parob nice info there

[hope67] 22/8/2019 09:49

The market will wake up soon enough funny how people will pile in at 3p or 4p yet not buy when it is undervalued

[hope67] 22/8/2019 09:47

Under terms of the agreement, Itaconix will produce and supply polymers with chelating properties that Nouryon will market to customers in household, institutional, and industrial detergent and cleaner applications. In addition, the companies will work together to transition many of Itaconix’s current detergent customers to Nouryon.

It is the first supply agreement resulting from a joint development agreement signed by the companies in 2017 to explore opportunities for polymers made from bio-based itaconic acid using Itaconix’s technology.

Peter Kuijpers, General Manager Chelates and Micronutrients at Nouryon, said: “We are excited to expand the bio-based solutions we deliver to our customers by adding Itaconix’s proprietary polymers to our industry-leading product offerings in detergents. These polymers will generate new opportunities for our customers in key detergent applications, enabling greener formulations without compromises on technical performance.

“The new range of polymers strengthens Nouryon’s position as a leader in the chelates industry,” Kuijpers said. “Establishing this unique position is of strategic importance and underlines our commitment to sustainable growth.”

Peter Nieuwenhuizen, Chief Technology Officer at Nouryon, added: “We are pleased to complete the first supply agreement under our collaboration with Itaconix around its novel itaconic acid polymer platform. We firmly believe in the power and potential of collaborative innovation. By partnering, we create even greater innovation opportunities to offer to our customers.”

John R. Shaw, CEO of Itaconix, said: “I am excited that our joint work with Nouryon over the last year has created this global opportunity for our polymers.”

[parob] 22/8/2019 09:38

Buys going through at 2.03p over on nex.

[ny boy] 22/8/2019 09:11

One way ticket to paradise by 2029, I have been accumulating these for a 10 year hold, once revenues take off, the skies the limit to the upside.

I have patience (STX) from 30p’s, (MSYS) accumulations around 1p, another potentially monster stock, interims in a week or so

[lazygun] 22/8/2019 09:07

Big jump in the bid on small volume...

L.

[parob] 22/8/2019 09:03

Worth pointing out the Directors paid 2p for millions of shares in the placing in Aug 2018 (03/08/18 RNS).

[jungmana] 22/8/2019 08:37

Clear the overhang and could quickly double from here. Just too oversold

[the patient investor] 22/8/2019 07:14

This partnership is like a collaboration between a small electronics manufacturer and microsoft or apple

I sense 2p today. Anybody?

[parob] 22/8/2019 07:08

Worth noting Amaze share price was only launched by Nouryon in April 2019:hTTps://www.nouryon.com/news-and-events/news-overview/2019/nouryon-launches-bio-based-polymer-for-weightless-hair-styling/2 April 2019Nouryon launches bio-based polymer for 'weightless' hair stylingThe new polymer is a result of Nouryon's exclusive global supply agreement with Itaconix to market bio-based polymers to customers in the personal care market."Consumers are showing an increased interest in lighter textures that allow an effortless, yet flawless hairstyle. It is difficult for formulators to achieve this with traditional, synthetic styling polymers," explained Jens Müller, Global Technical Marketing Manager Personal Care at Nouryon. "Amaze share price is plant based and provides a unique weightless hold while enabling a very natural look and feel on the hair. It offers humidity resistant style retention, volume and anti-frizz performance comparable to synthetic polymers."AB Ghosh, Managing Director Surface Chemistry at Nouryon, commented: "Innovation is the backbone of our product development and key to our success, and we use partnerships like the one with Itaconix to accelerate innovation. We will continue to develop more novel bio-based solutions for customers, helping them to meet consumer demands for more natural products."Nouryon launched Amaze share price at the in-cosmetics Global trade show in Paris, France. Recently the company also expanded its offering to customers in the personal care market with a new film-forming polymer for use in long-lasting, high SPF sunscreen products.