Member Info for AJP08

Am I missing something?

We have just posted revenue of $3 mill for the first six months of this year, which is more than we have ever generated in any full year.

“The Company produced record unaudited revenues of $3.0 million for the first six months of the year. These revenues reflect 124% growth over the first half of 2021 and 149% growth from the second half of 2021. In addition, they are 118% of the full year revenues for 2021 and 93% of the full year revenues for 2020. The Company is in a strong position to meet market expectations for revenues in 2022.”

We have just renewed a supply agreement with Croda (one of the big boys)

“The new agreement adds a newly formulated product to the collaboration and updates the terms and arrangements for ongoing market developments.”

“The ZINADOR® products are an important part of our plans to continue growing our leadership position in sensory technologies and solutions.”

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/594-fabric-air-spray-refresher-with-odour-neutraliser

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/595-liquid-laundry-detergent-with-odour-neutraliser

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/596-carpet-stain-remover-with-odour-neutraliser

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/597-antistatic-carpet-cleaner-with-odour-neutraliser

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/662-odour-neutraliser-with-corrosion-inhibitor

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/665-fresh-scent-wrinkle-releaser-clothing-spray

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/671-100biobasedfabricairsprayrefresherwithodourneutraliser

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/674-laundry-liquid-detergent-with-zinador-22l

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/713-bio-based-fabric-and-air-refresher-spray-with-eco-tween-80-and-zinador-22l

https://www.crodahomecare.com/en-gb/formulation-finder/formulation/724-fabric-refresher-spray

We have just imported 80,000 Kg of Itaconic Acid in the last 3 months, twice as much as we have ever imported previously in one year (and the years is not done), so must have one or more very large orders to fill, one would have thought, which bodes well for smashing end of year target set by FinnCap

And yet there appears to be a level apathy surrounding the SP, can someone explain to me please why this might be the case?

I would have thought that given all this positive news that we may have seen a good level of upward movement here?

Interested to hear the views of other LTH’s

ATB
AJP

weird

Why are there just processing buys on the Aquis Exchange, gives a false impression of trades in my opinion.

209090 shares bought

05.09.22 | 11:28:45 98286 5.075
05.09.22 | 09:25:09 10804 5.1
05.09.22 | 08:24:49 100000 5.145

ATB
AJP

Sorry Frozen

we were both on the same path, excellent news though.

ATB
AJP

Hi All

worth look

https://www.crodahomecare.com/en-gb/product-finder/product/2618-zinador_1_22l

https://www.crodahomecare.com/en-gb/product-finder/product/5416-zinador_1_35l

Now used in 13 formulations with Croda.

Maybe part of the reason for the large (80 Tonnes) increase in Itaconic Acid that we have recently have had delivered.

Think this is just the tip of the iceberg.

ATB
AJP

Good morning

Very nice start to the week, possibly just the first of a flow of good news in September.

Much more to come one thinks.

ATB
AJP

Hi

Below is the maximum data I could gleam on Itaconix imports over the last few years, what we have imported in the last few months is far outstrips anything we have done previously.

1 EXDO62Y0220796 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-08-25 SOUTH KOREA 19800 KGS 20 PKG
2 EXDO62Y0220197 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-08-04 SOUTH KOREA 19800 KGS 20 PKG
3 KLSQTAOKW2204354 ITACONIC ACID, 99.5%MIN. ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-07-03 CHINA 19800 KGS 20 CTN
4 COHECTASE2035082 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-06-16 PORTUGAL 19800 KGS 20 PKG
5 EXDO62Y0185207 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2021-02-10 CHINA 19800 KGS 20 PKG
6 ECUWANRBOS05011 SPECIALTY CHEMICALS ITACONIX CORPORATION KREGSPEDI FOR ITACONIX 2021-01-28 BELGIUM 991 KGS 4 PKG
7 KLSQTAOKW2010246 ITACONIC ACID,99.5%MIN. CAS NO. 97-65-4 ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2020-12-18 CHINA 19800 KGS 20 CTN
8 BBVFUSBOS2053217 TRIMETHYL ITACONIX CORPORATION SONEAS 2020-10-06 GERMANY 299 KGS 10 COL
9 ATXFATAU20060242 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2020-07-24 CHINA 19800 KGS 20 BAG
10 UEUR7799024277 INVOICE NUMBER KEM190107 ORDER NUMBER 0000000492 SODIUM SILICATE HS CODE 38519909090 NON DG CARGO ITACONIX CORPORATION SONEAS CHEMICALS LTD 2020-01-09 GERMANY

ATB
AJP

Hi Thordon

Good to see you back.

ATB
AJP

Thanks FrozenAssets

Much appreciated.

ATB
AJP

HI DB

Apologies, think the statement I made may have been incorrect, I could have sworn that he had mentioned in a presentation that we can produce in a 10:1 ration from Itaconic acid to Ingredients.

1 million production line that can do 10 million in sales

https://presentations.investormeetcompany.com/investor-meet-company/ITACONIX-PLC-Investor-Q-A?bmid=f83635c4fbda

18minutes 40 seconds

Apologies

ATB
AJP

Hi DB

Yes exciting times ahead, was one of the last two Investor meet presentations, when I get a moment will run it through again to pinpoint the point in the presentation that he advised on the 10 to 1 ratio and post the link.

ATB
AJP

Hi Elsol, Smart & DB

Did a quick dig and by my reckoning , the four shipments over the last few months would equate to $600K in total and based on John stating that there is a 10 to 1 ratio from Itaconic acid transfer to Ingredients, that would equate to $6 mill potential revenue? (this year?)

ATB
AJP

Hi All

Managed to gleam this one off the same website, kind of tries to log you out of certain areas, but if you go in as a first time user you can get a bit of access, you need to hit the shipments tab on the 25 shipments made to Itaconix.

1 IILU116590900 STC 160 BOXES HARMLESS CHEMICALS ITEM CODE:PCAM5U-0055BX DESCRIPTION: AMAZE SP - 55LBSBOX BATCH: H0134U PO: 4501399455 DDP BELMONT NOURYON SURFACE CHEMISTRY KREGSPEDI NV C/O ITACONIX CORPORATI 2022-08-19 BELGIUM

Shipment made to ITX in August, busy, busy, busy eh

ATB
AJP

Hi F

It was intimated that there was one if not two major new eco-dishwasher products being released in Europe the 4th quarter, this was one of the reasons for the $300K raise (whitch would give $3 mill of ingredients to be held in our Belgium warehouse to facilitate)I guess that these will not be RNS'd until the delivery is complete and ready to invoice?

The amount of Itaconic acid that has been purchased is far beyond what would be required to furnish these new product launches one would think, twice what was imported last year already, which would suggest that there may be advancement on the superabsorbents front (fingers crossed).

I am sure that all will become clear in the not too distant future, I am sure that all is above board and we have a very bright future to look forward to.

No one purchase that amount of product without having a guaranteed market into which it is going to be sold?

Anyone have any thoughts to add to this?

ATB
AJP

This one is worth a look.

4 shipments in the last 3 months wow !!! 2 off them in August

Hi Smart, you can see the historic shipments on this page too, on the first visit, as looks for payments on further visits, only 2 shipments last year.

https://www.importgenius.com/importers/itaconix-co-ltd

1 EXDO62Y0220796 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-08-25 SOUTH KOREA 19800 KGS 20 PKG
2 EXDO62Y0220197 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-08-04 SOUTH KOREA 19800 KGS 20 PKG
3 KLSQTAOKW2204354 ITACONIC ACID, 99.5%MIN. ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-07-03 CHINA 19800 KGS 20 CTN
4 COHECTASE2035082 ITACONIC ACID ITACONIX CORPORATION QINGDAO KEHAI BIOCHEMISTRY CO.,LTD 2022-06-16 PORTUGAL 19800 KGS 20 PKG

ATB
AJP

Hi DB

Excellent that we can see what they are importing, but is there any way we can see what they are exporting, in particular to Europe?

ATB
AJP

HI DB

Looks like they are gearing up to fulfil some very large orders, all good stuff.

ATB
AJP

Lots of games being played this morning, with a few big trades going through.

Still NT for anything over 100K shares.

MM looking for spare shares as offering 4.63p for 50K shares on HSD .

Would be nice if there is some news out tomorrow (Wednesday seem to be the favoured release day), been a while since we had anything concrete, the end of one month and heading into the end of the 3rd quarter, sounds like a good time to be providing an update?

AtB
AJP

Hi FA
Excellent stuff, can you let us know what response you get back from them if any, nothing ventured nothing gained as the=y say.

ATB
AJP

Hi FA

I agree with you that Thordons research into new products is invaluable in bringing the range of products/suppliers we are involved with, let's hope he is away on holiday and will resume normal service on his return.

Guess there are lots of possibilities out there at the moment, would be nice if this is one we are involved with, more research needed !!!

https://www.firstquality.com/content/press-releases/first-quality-launches-earth-and-eden-sensitive-diapers

ATB
AJP

Always remember the AQUIS Trades

Someone once told me that for every sell there is always a buy.

26.08.22 | 14:14:13 52698 4.688 Buy
26.08.22 | 13:21:26 132140 4.82 Sell
26.08.22 | 10:21:03 194955 4.995 Buy
26.08.22 | 08:13:23 1422 4.995 Buy

Let's hope that once the English bank Holiday is out of the way, that the news will start to flow as regards audited accounts and updates on customer/product adoption start flowing that we can start to move back North again.

ATB
Have a great weekend
AJP