Member Info for AJP08

Excellent question Dougerboy.

Was thinking about the possible/probable expansion and adding further capacity in-house, what is everyones thoughts on having another outlet with capacity situated in Europe, would this be beneficial or just a pipe dream.

ATB
AJP

Hey E.O.B it must have been your positive post that had such a tremendous effect on the SP L.O.L
can we have some more please.
ATB
AJP

Hi Andrew, possibly due to the size of your purchase, it will not be reported till after the bell?

Thanks E.O.B let's hope this continues to move in an upward trajectory.

ATB
AJP

Nice piece of business Andrew
Just as aside, we managed to give a trading update on the 8th of June, does this mean that we might get half year results the week beginning the 12th of July or was the trading update just to accommodate our Institutional Investor?
Does our new investor need to report its holding at some point?
ATB
AJP

Now showing on LSE, reported after the bell
ATB

Hi EOB
These figures are based on what we achieved over the last few years as regards splits
2019
1st half $0.45 mill approximation
2nd half $ 0.85 mill approximation
2020
1st half $1.1 mill
2nd half $2.3 mill
2021
1st half $1.54 mill plus (projected by me) 40% up over same period last year approx
2nd half $4.14 mill plus (projected by me) based on 80% increase on previous year

These are what I would hope we should achieve, based on what John advises us in the presentation and information readily available via research.
We have three major new releases to come in the second half, we have sticky recurring orders and new clients taking up our ingredients to improve in the green quality of their products they supply and this is just on the detergent front, we have a world starting to come out of covid and start going out again, which should have a positive effect on deodorants, hairspray, waxes etc nappies, feminine hygiene products etc etc etc as masks start being discarded and make up is more widely used via our partner Nouryon, we have income from Solvay who produce products under licence (teeth whitening pcp products, EurecoTM RP103.), we have potential through our input on the paint front and input on biodegradable plastics, still thing we have a connection via Polimex Group on this front, basically I do lots of research into ITX and the ingredients it produces. There are many products that contain ITX ingredients which we are totally unaware of.
As indicated the nature of the business means that we have a stronger 2nd half than 1st, supply is not my opinion, fact as supplied by ITX. Also demonstrated by the results over the last few years
I know that I tend to put a positive slant on ITX, but with respect, your posts tend to have a very negative slant. So easy to make a negative statement without any substance to it either. Striking a balance can be difficult
I look at it, why would an institutional investor stick close to £1 mill into a company at 12.1 pence if it did not think it was going to make money, I am sure they have a better insight than any of us.
PDYOR
These are only what I feel is achievable and only time will tell.
Not intended to offend, but a topic to discuss
ATB
AJP

The 45000 showing as a sell at 14.23pm was a buy, could not resist at these prices.
Thought I better back up my belief in the company again.
ATB
AJP

Hi EOB
Guess your glass must be half empty eh?
A lot of companies would give their back teeth to have a 40% plus increase in revenue for first six months and we would expect to double that at least in the second half, take it you have not watched the link to remind yourself of where we are and where we are going?
Let's see what July brings.
ATB
AJP

Totally think it is worth revisiting this, for those who are long term holders and for those who are potential new investors in ITX.
Think that we need to refresh ourselves in what lies ahead here and what was actually said during the presentation.
https://presentations.investormeetcompany.com/investor-meet-company/ITACONIX-PLC-Final-results-for-the-year-ended-31-December-2020?bmid=d5cf23a96f78
AGM next Thursday, but do not think there will be anything that will be earth shattering during this.
What will be interesting is the half year results, possibly due out 3rd week in July, think we may get a pleasant surprise with the numbers.
Has the SP been walked down to facilitate further investment by our new Institutional investor?
Will hold what I have and continue to add as funds become available.
AIMHO
AJB
AJP

According to a poster on the ADVFN board the 259K share trade was a buy and not a sell as reported here.
Excellent piece of business.
Heres looking forward the next 4/6 weeks, sure there will be lots of news flow.
ATB
AJP

Hi Smartinvestment.
Not sure it is an existing holder, could it be a new investor on the back of our green economy mark award?
Sure we will find out in due course.
ATB
AJP

Hi Elsol
Totally get where you are coming from, but it must be looked at as a huge endorsement of the company and the people running it that they are making such an investment and at 12.1p.
Will allow us to add another production line, which will allow for greater throughput and ease any concerns on a maintenance programme for the existing lines, all good positive stuff. Keep up with increased demand going forward.
Sure that there will be quite a bit of news flow over the coming weeks.
GLA
ATB
AJP

Totally Smartinvestment
The next 4/6 weeks will be very interesting.
No one invests £800,000/900,000 on a whim along with the £250,000 from IP
Without looking at the potential for a very healthy increase in value/return.
who is to say that they are not also adding in the general market?
Any speculation as to who the other party is?
ATB
AJP

Hi Ricky
Think that John may have played a blinder as regards this.
Could they have been selective with the timing and what was reported and there is still a large amount of revenue to be reconciled in June.( just a thought). No forward looking information.
Why has the investor details been withheld? will we find out next week as the holding will not be reportable if less than 3% ? could the identity have a big positive effect on the SP
Could not resist at these prices, just added another 47500 shares @ 12.99p
AIMHO
ATB
AJP

just looking at the trading update again and there was three main areas covered, but nothing on the super absorbent polymers associated with feminine hygiene products and Nappies (diapers), which is a huge market, nothing on eco paint applications, biodegradable plastics, nothing on business conducted with Croda, Nouryon or Solway, revenue from licence agreements etc or am I way off the mark, just seems like half a picture? gentle applying of the brakes so as we do not get a speeding ticket lol
ATB
AJP

There is definitely more to this than we know, as you say "positioning Itaconix for new routes" very open to interoperation. I am sure that we will have further information being released this week.
ATB
AJP

How easy would it be for someone to accumulate shares today, without being noticed, due to very, very, very high volume?
Can we expect further RNS's in the coming days?
ATB
AJP

Sorry "on" future revenues

Think there has been a bit of a knee jerk reaction this morning, then again this is the AIM, possibly many of us here myself included have gotten carried away on the hype and were projecting numbers that were possibly unrealistic at this juncture and the announcement today was probably designed to take some of the froth out of the share price.

We are becoming a very successful company and are making huge strides towards consolidating this position and then moving on to the next leg up, but we must employ some patience I guess, this is a long term project and will continue to evolve.

Looking at the update I cannot see many if any negatives, but then I can only see the positives in this company.

Overall unaudited revenues to increase by 39% for the first five months of 2021 over the same period in 2020.

Odour control applications are leading revenue growth in early 2021 based on several years of customer pipeline development

Emerging success of our latest odour control polymer launched in late 2019.

Recurring orders are coming in North America, Europe, and Asia

Advantages in fabric applications are also generating new orders from wider use in home and automotive care.

Product volumes in detergent applications increased for the first five months of 2021 over the same period in 2020 despite order delays in North America from disruptions in the supply of other detergent ingredients.

A new green dishwashing detergent by a leading North American brand, wider market penetration into North American retailers for detergents and the first production run for a specialty European detergent brand.

At least three additional detergent brands are expected to start using Itaconix® TSI™ by the end of 2021.

The expansion of the Itaconix management team has enabled increased focus on new revenue opportunities. The Company plans to extend the use of its VELAFRESH™ products into new hygiene opportunities and expand the potential for its VELASOFT™ product line into personal care applications.

Applications development also continues for BIO*Asterix™ functional additives, with extended customer formulation timelines likely for the types of applications under evaluation.

Itaconix recently received the London Stock Exchange's Green Economy Mark in recognition for the Company's significant contributions to the transition to a sustainable, low carbon economy

No more guesses from me no future revenues.
This is still a fantastic company and I will not be selling any of my holding, as have faith in our future here
AIMHO
ATB
AJP

Thanks Solotoedipper
Had a look on there just now and only one trade of 15000 shares posted there.
Just the MM's playing with the prices to suit them, maybe a big order to fill, who knows, just sit and wait for it all to unravel.
ATB
AJP