Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
The share price has become detached from true worth on this stock so at some point it means a significant rerate. It may not be before Xmas but it's coming at some point the EV revenue multiple exc.cash is ridiculously low for a viable high growth speciality chem company turning profitable from now onwards
The COP28 global members all voted for the decarbonisation plan today so we've got to benefit with this tide and growing investor awareness stateside particulary in 2024! I think a smart new ITX web site is planned to leverage market impact too to marry with investor courtship and broker messaging activity.
Unfortunately the typical past shareholders here may have wanted more more more and quicker than what has played out in reality These guys are almost sold up now then we will get some momentum back in here from now on with a more pragmatic shareholder base that can see the obvious share attractions for medium term investment starting today.
Seems like we have had persistence of private investor(s) bailing out after waiting for short term 2023 multi-bag returns. But now we appear to be sifnifucantly oversold even given the macroeconomic headwinds. I'm all invested fully already unfortunately, but new investors should see the big upside 2024/25 for the share are we get closer
Reposting since last message not showing for some reason. Apologies if its a double up later. Looking forward to 2024 and more US investors being galvanised by constant drip of anti fossil noise. Here is Biden at UN General Assemby today: "On climate, President Biden says he's treating it as an existential threat, and the world needs to reduce its dependence on fossil fuels"
Looking forward to 2024, the drip drip of anti fossil will eventually galvanise some major US investor ITX interest. Here is Biden at the UN General Assembly today: EG. "On climate, President Biden says he's treating it as an existential threat, and the world needs to reduce its dependence on fossil fuels"
Yo 87. I'm not sure you fully understand the ITX business model from your message...its a major R&D driven innovator with good IP and sticky growing customer base and new exciting avenues to explore commercially for long term growth performance not Q by Q earnings profit or loss management. The current price reflects poor UK investor market right now but will rebound strongly once the embedded strategy plays out. Until then it's a strong hold and wait for the gold. IF We do launch in some major other markets then the incumbents in those spaces may bite their arms off to buy this baby at a massive SP premium and yes we may not be massively profitable at that time.
"We base our price target on multiples and on the value that we believe Itaconix's differentiated, plant-based technology platform would have to an industrial third party." The broker is right, the value for the ITX technology bundle has got to be worth more than current EV implied minority value after deduction of the surplus cash on our BS. About USD90m has been invested to date in developing the IPR/assets and the original investment routemap is now definitely playing out and risk is unwinding rapidly as we grow and diversify further. Hence if anyone wanted to step in our shoes and buy ITX they would have to pay a v large premium to current mcap and the professional investors who came in earlier 2023 know this....
I think most new price sensitive material information gets put out to everyone at the same time during RNS events but I get your point and if you can into the analyst circle with a ligin then please share it!
Hi snooz, the professional analyst briefing pre Public one is to ensure an orderly stock market is maintained for your benefit and mine and so market makers can integrate any new info. Into the share prices bid / offer ranges. So it's not designed to screw over private investors