RE: Updated list of products containing an ITX ingredient25 Jul 2021 17:04
Think that we are now rapidly becoming the eco-ingredient provider of choice right across the board, would some of this be down to the high profile awarding of London Stock Exchange's Green Economy Mark? ATB AJP
RE: Updated list of products containing an ITX ingredient25 Jul 2021 16:43
Hi Parob Sure I have raised this one before, but just in case it has been missed, there are multiple products being produced using EURECO™ RP103 A granular grade of PAP for powder detergents, these are made by Solvay under licence.
If you type in "128275-31-0 safety data sheets" in a Google search then you will come up with a load if products that have a connection to Itaconix.
JUST FOR FUN !! Reverse engineered the percentage production numbers to give turnover for the six month periods, 2020 is based on actuals, This is just a crude calculation based on $7.5 Mill being the return for 100% production for each six month period.
2020 1st half $1.1 mill equates to 14% of Production average 2nd half $2.2 mill equates to 29% of production average
2021 1st half $1.6 mill (projected by me) 45% up over same period last year equates to 21% of Production average
2nd half $3.675 mill (projected by me) 67% up over same period last year based on previous years percentage production, plus 5% increase year on year and add another 15% for 3 new product releases equates to 49% of production average.
Will be interesting to look back and see if this was close, or was absolutely miles out, maybe too much sun today lol, points to ponder though. Nice blue finish to today, long may it continue. Have a good weekend ATB AJP
What are the chance that we have a few large buys going through after the close again from yesterday, someone is either building or adding to their holding in my opinion, as all the sells are being scooped up dead cheap. Let's see what tomorrow brings. ATB AJP
Hi Andrew Not sure we can put any faith in this, as they are playing a guessing game as well, would have thought it would have been quite soon as there is little or no value in holding this back, if there is further information in the pipeline, then RNS it when it becomes available. ATB AJP
Close but no cigar eh lol Maybe a pointless exercise trying to find out, there must be a point where they have to publish their holding though, did read something about they can defer this for 45 days after the end of the reporting quarter, so the earliest we would see anything would be the middle of August? ATB AJP
RE: Share holding 31st march compared to now21 Jul 2021 22:15
Hi Thordon Not sure if this is the case, as according to ITX website John R Shaw had 10.2% 44,076,733 shares as of 31st March 2021 And the IP Group had 11.2% 48,291,523 shares as of the same date. Think it has to be a fresh investor with just over 7 million shares. ATB AJP
I would say the later, nothing published, but a level of expectation. Someone is hoovering up all these shares for a snip, praying on the weak, bloody shame. As stated previously nothing has changed here, the fundamentals are still the same as they were six months ago, unfortunately this is the AIM and news is king and the driver of all share prices, is it out II who is adding? is there a timeline after which their identity has to be published? Maybe tomorrow, who knows ATB AJP
Hi All On the money Dougerboy, sentiment is a fickle thing, but I am sure that we have very good times to look forward to here. Nothing has changed fundamentally, I am sure that yesterdays RNS's that was released was a technicality that needed to be addressed to allow us to continue to develop and grow. Below are a few of the reasons that I am sitting on my hands and holding tight. Please feel free to add to the list or question any of the bullet points. Any spare cash will be used to add as bargain basement price at these levels.
• Revenue/sales increasing by 50% to 100% every 6 months • Zero debt. • Sticky repeat business. • Certified Green/Eco friendly products • Ever growing base of high profile customers. • Collaborations in biodegradable plastics and paints with Akzo Nobel. • High profile partners in Nouryon (Personal care) & Croda (Home care). • Products made under licence with Solvay.( EurecoTM RP103) • Ingredients ringfenced with great IP. • Worldwide distribution network in place via Independent Chemicals. • Process can double from here without any further cash injections. • Good level of cash in hand (tight reigns on cash flow). • New institutional investor on board, they approached us. • We have reached breakeven and are moving into profit month on month. • Competent and enthusiastic BOD, with skin in the game. • Further development with R & D projects to follow via John and Yvon collaboration. • 3 New product launches this year in ADWT, that are confirmed. • We have only just started this journey, there is huge potential, just starting to be realised .
I am sure there will be an increase in the news flow over the coming weeks
What are the chances of another large buy being posted after the close today ? Must be too good an opportunity to miss ? Is there big news about to come out in the next few days? Total overreaction this morning, but then again it is the AIM ATB AJP
Hopefully these choices will work out for you, they have every chance. Just noticed that there was another big buy from yesterday posted after the close today, someone building a position? 350,000 shares bought and posted after the close in the last day or so, someone knows they are getting a bargain ? ATB AJP
Hi Smartinvestment This is by far my biggest investment, but also in AGL, ENET, TRX and also a possible ill-advised punt on ECHO, although all investments we make must have had potential, it is just a case if this is realised. ATB AJP
Hi Dougerboy All good stuff, thank you for sharing these little gems with us, it give us all an insight into the huge potential there is here, everyday there are more and more companies that are having to replace their petroleum based ingredients to comply with ever tightening eco/green regulations/requirements with critical dates in which these have to be in place getting nearer and nearer, and we have many ready made proven replacement ingredients which are making inroads into being the preferred replacement, not only now, but for many years to come. Not too long now before we start getting the confirmation of what we all know and believe about ITX and the SP starts its upward trajectory again. AIMHO ATB AJP