Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Just as an aside, I wonder whether the famous business school "Porters 5 Forces " business / market model should now be 6 forces! Adding Darwinian biological evolutionary forces to the model?
Yes. Lockdowns mean more detergent use at home so more cash flow for ITX is a no brained key driver....its going to take a year from now to get all the US pop. Injected witha vaccine and 25% won't take it so will need to hide into 2022. I think the new normal in the world is now GREEN and VERY CLEAN!! :-)
Based on the comments made in the last few posts, will the impending lock-down see a further increase in our revenues, as at the start of the previous lock-down. (covid-proof investment) ?
Keep safe.
ATB
Well Hold tight next week going to be testing as uk may go in lockdown and most shares will fall.
If this was a different time then a £20 Million rating would be fair ; 2021 will depend growing trends towards the environment which is growing stronger and company's adapt to change from consumers.
In normal times I think that the SP would have moved up to around the 3P mark by now but all the bad macro put paid to that.
ITX is in great shape but with regard the SP will have to continue to be patient.
Yes, a far better performane from John Shaw this time.
As for the numbers, if I hearing him right. revenue for this year could be around $2.9M (H1 = 1.1, H2 = 1.8) which would be +124% on 2019...and, unless I'm mistaken, very close to breaking even. Continuing the amateur maths, am i right in thinking ITX are looking for an extra ~$1.36M on last years revenues? These numbers would give them +$1.6M on last year (minus cost of sales of course).
Good call today Wololol, got it spot on, with the rise into the close.
Let's hope that yours call for next week comes to fruition.
This company is so undervalued and has so much potential IMO
ATB
Not sure about the 'fortune' bit!
Good timing AJP and good prediction Wololol
Hi Wololol can you please post the proactive interview link?
Cheers Wololo
Cannot believe on the back of results, that we dropped below 2p, but you cannot afford to miss a chance like this, IMO
ATB
Just topped up with 200K, what a bargain.
ATB
You will get even more if you buy now. I wonder what is causing these sharp falls?
Great summary, Wololol. Completely agree.
Compounding revenue growth is the key driver here and by virtue of the mysteries of compounding (Einstein described compound interest as ‘the most powerful force in the universe’), I’m confident that analysts and investors will be consistently surprised by the numbers that John and the team will generate over the next few years.
Someone will do the maths, but stable low costs, stable 35%-40% margin, and a compounding top line mean that profits and earnings are highly geared. Exciting times! (and all this without new product launches).
Its looking cheap again IMO re; fundamentals and growth upside outweighing downside...you only need one big client market mover into the technology from a their emerging development portfolio then you could easily get another penny or so on the stock price since ITX is pivoting towards profitability breakeven and diversification.
Sure enough, 1 decent buy at 2.05p and MMs move the spread to 2.00 / 2.30, although next few buys will now show as sells, this could fly back up to 2.50p plus
Large sell printed which would have dropped the price this morning, looking at the volumes bought at 2.05p, this has been absorbed and we should move up now with any level of buying pressure.
Just added another 38379 shares, at 2.05 it seems silly not to. In it for the long term so at theses prices it’s a no brained.