Member Info for Elsol

If we are starting to leverage Unilver's portfolio with our new 'free green' market messaging then that's great stuff indeed! 😀

Each small additional diversification news will drive the SP strongly because the reason folks got comfortable with 10-15p old money was due to this big upside on top of the solid recurring detergent platform .

I think people are getting the fact now that 2024F is already baked into the fundamentals of the business (quasi-zero delivery risk) since sticky customers are gaining market share/volumes and they cannot now easily reverse and switch out of ITX supply chain/branded technology now its out there in their product portfolios. So anyone valuing this baby needs to assume 2024F is reality now and it will breach profitablity thresholds soon its only a matter of time and volume dependent. My advice to you enjoy the reversal of share price fortune over time and don't sell your shares too cheaply since we are only at 4p old money pre consolidation now with bags of intrinsic value upside.

I could be wrong here but there maybe a private/corporate investor gently accumulating in the background - seems many very similar volume blocks/chunks being purchased in a continuous periodic trend gently soaking up sellers as the price rises.

Thanks AJP08, hadn't seen this. Looks like some orders already flowing or in very near pipeline for niche leather and paints areas. John looks like a very contented cheshire cat right now. He disclosed why the USD10m placement was made to fuel/derisk medium term diversification growth, and adding a stable cash platform to get that delivered..excellent. Thx

Hi clueless, all investors have different investment horizons. So many here like me are waiting for a much bigger return that as you point out could now happen at any time with a trade offer/M&A bolt on transaction from a bigger spec chems fish, BUT the exit price will be well well above 250p since all market players want growth and market access and to perhaps protect their existing cashflows from displacement from ECO advanced functional polymers. Now we are growing strongly and with John boasting about his prototype leather shoes using ITX production methods in testing during his recent interview. I think we are in for an exciting ride in 24/25. Hoping to hear on prospective opps. soon with full final results disclosure.

I just saw the 28k GBP trade which was a big one on 28th!

Some bigger trades seem to be coming on the buy side so someone is taking a slice of ITX while it's still on a decent price discount relative to clearly visible strong fundamentals.

RB as an innovation business in early stages of market diversification and on the cusp of exciting new revenue channels, CEO focus on S/T "earnings" are probably destroying value instead of the CEO & MGT TEAM pursuing rapid acceleration in market access development/ investment to achieve ITX's full market and shareholder value potential.

Agreed I think the value of the company with its BS cash should be at least GBP35m with near term 2024 F revenues. So at some point we should see a shift back to its higher average mean as seen in 2022/23 once investors see this is well oversold last year

Re: good growth RNS. A grossly undervalued share price for sure now given around GBP8m free cash on Balance Sheet.

At some point if we grow our revenue line significantly there will be a lucrative exit for all shareholders for sure. It will come from bulk up with another synergistic eco chemicals player or a company we are displacing from their existing markets. That's our future. Growth = value = cash in your pockets. AND it won't be just driven by absolute EBIT quantum. This is an innovation driven business with a different value proposition.

There seems like a misconception here about shareholder value maximisation and undue focus in profitability. What would you rather prefer a 6% EBIT margin in Fy24 for 3 years with a 10% compound revenue growth or a 2% EBIT margin and 25% revenue growth. Think about it...I know what I would want.

This is why John wanted investors to not look at these to prevent people covertly figuring out ITX growth/future performance revenue numbers before being announced

It is possible to predict revenues from deliveries in principle but there could be fluctuations in stock level to mitigate risks for transportation and supply. Its a good idea to follow the medium term trends in supply as they must correlate and inform future orders/revenues and profits...

Solid team now in place for growth/+wider strategic development opportunities/partnering 2024/25

Thanks AJP08 - Good, John's driving his US shareholder/stakeholder marketing and looking v confident and convincing IMO!

The Board know this is a temporary mismatch and hence signalling to PIs

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

Ah good, what does that mean then? Rev and Cashflow growth in 2024? Amazing!