We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Small caps always show volatility - it goes with territory - the SP doesn't often reflect potential.
Its the companies that grow from these depths that give the best returns, like CWR for instance - they will be in the FTSE250 next year.
We all know ITX has a great future - the SP will reflect that sooner or later but the company needs to get bigger first.
I would guess that if they are willing to buy that amount, then they will have a buyer for these as well or they know something, some positive news out of ITX will see a huge boost in the SP very quickly.
ATB
AJT
Can sell large amounts up to £30k worth so MM are happy to collect them cheap, inevitably the buyers will be back.
Nice one AJP. Some good news on the supply chain front, still plenty of Itaconic Acid raw material shipping from Qingdao into the US (not just to ITX, of course). See attached link.
https://www.seair.co.in/us-import/product-itaconic-acid.aspx
Morning all,
Since selling earlier in the year, been keeping watch and always planned to get back in at some stage, perhaps the time is getting ever closer, going to keep tabs up to Xmas, if the sp is still below 5p, then I know where my Christmas Bonus/dividend is going.
ATB
Could not resist as the price dipped below 5p added 42904 @ 4.99 will add more if at these prices as an absolute bargain.
Come on ITX give us an operational update showing that we are back at full production and are working flat out to meet customer requirements.
ATB
AJP
This has been far the biggest rollercoaster share I've been involved in. Swings from 400% gains to a paper loss at present due to topping up on the way up.
Still believe in the company and won't be selling but my god this SP needs a kick up the a***!
I really can't believe we have dipped under 5p. But we have had negativity about the storm damage and covid impact on delaying new customer 'recipes', and raw materials.
When it comes to progress, the updates are all quite bland, sometimes it seems because we can't reveal the final consumer product as we are only s provider.
But I think we all still feel comfortable about which way this is heading!!
Sorry to post this again but made a mistake and needs correcting.
ecover are much bigger then expected , on the dish washer power they have 700k loyal users and growing in the UK ( combined is 10% of company turnover for the world )
Ecover also have other ITX products , the figures are just expanding greatly
Share price is due to lack of information , its why i try and fill the gaps
Guess if you look at it from the other side it only took circa 6 months to reach its highs from a similar SP that we are experiencing now.
As with any SP it needs a flow of positive news and the momentum of committed investors.
I for one have very high hopes for ITX, an update on resumption of full production would go a long way to restoring the kind of confidence/momentum we need to reverse the current trend.
Think that there are still a large amount of long term holders that are sitting on their hands waiting for this to happen.
The movement on SP has been on very small volume.
I remind myself of all the positives that were alluded to in the in the last presentation, but these now really need to be brought to fruition.
Guess at these prices this should be considered as a bargain basement price (a steal), as the potential is huge, just needs a bit of patience.
AIMHO
ATB
AJP
It’s producing, it’s selling and it’s doing it in a hugely growing market with a disruptive technology that manufacturers have to go to Itaconix if they want ‘the green sticker’ (Ecocert) and good performance . The SP will catch up eventually :)
With an S.P drop of over 75% in less than 6 months does anyone know if this is ever likely to go up? Asking for a friend.
Personally I hope the next RNS is after a positive update on Covid as the impact of any good news will be heightened if scientists feedback that the vaccines still work or the latest iteration of the virus is weaker. My general observation is that the easier it spreads the weaker it get so the new variant could be a positive development. Hopefully we will have some answers by Christmas followed by a positive RNS in January
just deezerts - I think it's unlikely we will receive that information in December. The board doesn't operate like that. We will be getting a trading update in January so I would expect clarification then.
I agree it would be preferable to receive clarification/reassurance before then but think it's unlikely
Hi Leistertheinvestor made that point several weeks ago , 30 years ago manufactory supplies started reducing stock which increased on paper a lift in profit.
We are now in a era that global liberation of free trade at lowest cost has failed , transport cost have overtaken manufactory cost.
Solution now is to bulk order and store excusive stock as the transport smaller bulks is more expensive.
In ITX case we will see higher demand as companies will worry on delivery times , another factor will add pressure for ITX to have two manufactory units demanded by clients.
Positive always has a negative - long run be more reactive.
Long term share - still have original investment ( if spare cash would buy more but I'm afraid not at this point - gutted )
Demand for ITX polymers are only going to increase as Covid continues to headline media stories, add to that some uncertainty about the supply of Itaconix materials because of the storm damage and I suspect they’re clients will act like the general public when worried… they’ll undoubtedly be purchasing more than what’s needed to keep stock levels high, it’s gotta be good for business, surely!?.
Wacca - agree with your sentiments entirely.
The Board has a poor, almost non-informative relationship with us investors.
Having read and re-read several times the RNS dated 4 November, I would hope that sometime during the month of December, we get answers (in a follow-up RNS) with some reassuring information including:
1. Confirmation when production is finally back in full flow.
2. If (as was implied) the loss of revenue is due to a shortage of TSI322, what percentage of TOTAL company revenue is contributed by TSI322 sales?
3. Was the storm damage completely responsible for the TSI322 stock shortage and if so, confirmation that the resultant financial losses will be FULLY recovered from its insurers?
Still a great company..
GLA