Itaconix Share Discussion Threads

[parob] 02/9/2019 10:26

If we turn blue on an intra-day reversal that will be very bullish.

[si c] 02/9/2019 10:26

Only managed a nibble at 2.2 through HL.

[the patient investor] 02/9/2019 10:21

lucky the people who were able to buy at 2.2, run out of cash, otherwise i would have added loads, what a great top up opportunity

blue in no time

[si c] 02/9/2019 10:10

ITX off 9% at the moment and I can't get even get a quote for 3k worth...hmm - bottom here?

[parob] 01/9/2019 19:40

JW covers ITX from 12 mins, 35 secs in today's podcast:hTTps://www.youtube.com/watch?v=yBXwfTtZTYc

[wololol] 31/8/2019 20:41

End of the day this is one of the best companies on AIM. The potential is tremendous.I just keep buying cheap stock before the stupid market realieses whats going on here. The market hasn't gathered the potential yet but it will and they will have to pay the premium. I mean deals with the biggest chemical companies in the World Neuryon and Croda you don't get better than that. Do people not realise how difficult it it is to partner with these companies and ITX is valued at 6 million- their IP alone is the wortgh at least 15 million. Anyway this is my head's up I wont do it again.

[jungmana] 31/8/2019 19:04

You are are right there TPI. Justin waite also said the same in a recent podcast. This year's revenue is expected to be around GBP 1.5m.

[the patient investor] 31/8/2019 18:52

i think the ceo said also that the revenue for 2019 had ALREADY surpassed the 2018 ones, and he was talking in june! that means that in half year they already made more money in the full year before!

Am i correct parob?

[parob] 31/8/2019 10:50

I think the general consensus is they may need to do a small raise at some point but probably not until next year when the share price should be much higher. Woodford hammered the price down, then we saw a spike and some profit takers over last few trading days. IMO buyers will return soon and push the price beyond recent highs. Market cap is just over £6 million.
Any trading update saying they’re on track to deliver or beat forecasted revenues in 2nd half of £1 million will go down very well as that would equate to 100%+ growth in 6 months. CEO sounded bullish in the last interview in June (video interview is at the bottom of the link I posted earlier) when he said they have a big second half to deliver on and sounded confident they can achieve it.

[parob] 31/8/2019 10:43

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.

[rhatton] 31/8/2019 10:36

What’s people’s thoughts on the cash position here?

[parob] 31/8/2019 07:37

Deep diveBasic MaterialsCalum Muirhead 11:45 Fri 30 Aug 2019hTTps://www.proactiveinvestors.co.uk/companies/news/213187/itaconix-has-laid-the-foundations-for--many-years-of-revenue-growth--213187.htmlSnapshot* Nouryon deal to support estimates for detergent revenues in 2019 and beyond* Strong pipeline of active projects at various stages of development* Sales in personal care for 2019 already ahead of 2018 figure* On track to hit full-year expectations

[enewman36] 30/8/2019 16:18

Well the last 4 trading sessions have seen this up 5-10% in the morning only to end up 5-10% down on the day, simple easy money trading it tbh. Its not my game but I am tempted I must say.

[the patient investor] 30/8/2019 15:42

Jungma, yep just noticed, great news, that is a huge amount of shares.

Why so many idiots are selling when this is one of the best aim stocks around is beyond my comprehension

This cd easily be 5p in a few weeks

[the patient investor] 30/8/2019 15:39

All trades above 2.44 are buys, just trieda mock buy (im with ii)

[jungmana] 30/8/2019 15:37

Spreadex took about 6.3%

[the patient investor] 30/8/2019 14:40

Lefrene lol

[parob] 30/8/2019 14:08

Weirdly you can buy at 2.5 so those last few trades could be buys.

[lefrene] 30/8/2019 13:17

But surely the AiM market is all clean and above board? :¬)

[the patient investor] 30/8/2019 13:02

Cant believe prople are selling

[cotton4] 30/8/2019 09:24

Not very patient then