Member Info for covmutley

Plenty of selling, as could be expected given the strong rise recently, but shares being hoovered up too. Looking better into 2024 with drilling news on the horizon.

People taking their positions ahead of that??

I like that note. Uber clear (pictures even! haha!) and it also tells what POW need to do, in a certain timescale, not just ramp up what's been done to date.

Well this is refreshing

Presumably because traders or those who topped up just skimmed off a 20% profit...

Ruling out market games, I can only guess the forecasts are the issue. I suppose the growth is good % wise, but its hardly big numbers.

And the profit margin doesn't look great, with a small profit some time off. Is it due to continuing spend on R&D? If so, when will that spending actually result in a good profit?! Spending £10m to make £0.5m isnt great.

Im playing devils advocate to some extent, but something must be driving the daily SP drops.

The market is an ass..

People wanted an update (i completely understand why I stress), we get a positive one and somehow the company becomes worth 4% less than it was at 6.59am???? Its a joke.

Shows that update for update sake is not worth it. The trajectory of this company is clear. Financial good. Product in demand. Cash to deliver growth in the purse. Just need to sit on this and true value will out eventually.

Good to see yet more decent buys again today, and anecdotally, quite a few trades today and in the last few days of chunks around 500k. Someone increasing their position??

More symbolic i guess, to try to stop the slide, and perhaps a gesture to holders?

It's a tough time across all my portfolio, including very much this share.

But I think all I need is patience. Technology in place, repeat customers, no debt, good pash position, expanding products,expanding customers, expanding markets, expanding production ability, expanding workforce, and all driven by a green agenda that is going to encourage..... no, force .... companies and people to switch to using the type of products itx make.

I agree with LV1991. The company has a strong cash pot to fund growth, basically no debt, has spent money developing products that now generate recurring income and is well placed to take advantage of the green economy.

But revenue is pretty low in the scheme of things, and of course, no profit yet. I guess what we need is a big and quick rise in sales...or patience.

Although I refuse to believe the current valuation of £12m (taking out the £10m cash) is fair!

Good news... shame im still 60% down....

But that could easily turn, and thats why im still in here. Big risks, hopefully big rewards.

I understand the UK govt is working towards banning baby wipes with plastic in.

Would this be beneficial to itx?

Still no update on my trading platform. The circa 3750% increase and resulting size of my pot looks good, but slightly annoying.

Sorry for being lazy, but what share price is parity?

Thanks for replying AJP.

Yes, an early sale is a concern. MCAP stands at £28m, and there is £12m in cash. I realise they are yet to turn a profit, but with the growth they have shown, basically no debt and the backdrop of the green agenda, the MCAP seems very low to me. But what do I know!

Thanks for posting AJP08. Been invested here a few years now and SP not done well, but im holding. I wonder if anyone can help me with a couple of questions please.

There seems to be a growing and wide variety of brands (and applications) using ITX products, which can only be a good thing. Is the growing list of brands because they are aware of ITX or is it that brands use manufacturing companies that offer a 'shopping list' of ingredients to the brands they manufacture for? I guess the latter?

Im also wondering though where we stand in terms of competitors. Does ITX have them? How unique/protected are the products and/or how easy are they to replicate?

Who cares? Now do with flu, or with pneumonia etc etc.

500 odd in a country of 60 million is nothing

Great news all round!

115% growth and essentially no discount on the placing, which will hopefully accelerate growth further!

140 products now. The sticky snowball is rolling down the hill and growing.

Punchy interview, and seems confident.

In previous interviews,Paul has seemed a bit down about the market. This time he didn't seem to care! Suggests to me he knows he's now confident he's onto a winner, and its just a question of time.

I'm well down here still, but still confident.

Some nice buys this morning