Member Info for EyesOfBlue

Faith might be putting it strongly after the last few weeks! I’m less confident about H2 than some but that is down to the mixed messages (putting it kindly) coming out of the company.

I have a feeling the next RNS will be a positive one concerning a new client or new product going to market. Otherwise it will be a bumpy H2.

Profitability seems some way off in 2022 (H2) or even later, so we’ll all have to be patient.

Cheers.

AJP

Yes I certainly am, fortunately from the 1.5p days mostly, but have topped up and sold off chunks in between with mixed results. You’ve already referred to my posts as “negative” whilst I would maybe tag you as “rose-tinted optimistic” with occasional bouts of not-so-subtle ramping.

There is quite a lot of uninformed crap on this forum but compared to the ADVFN one it is relatively sane. I will call out some of the nonsense, as do others as it needs to be done.

Bon weekend.

LG is absolutely correct about R&D costs being sunk. They don’t necessarily have any ongoing value whatsoever! In ITX’s case this is not the case as they have very strong IP as demonstrated by the patented formulations. But Elsol and others are wrong to attribute value to this “at cost”. IP might be worth £60m but currently the market values the entire business at half that.

IP have dropped a massive bo((ock investing at the price they did. This is an undeniable truth I’m afraid. Long term I really hope it pays off for them but at the moment it’s a balls up by them as they could’ve invested now at half the money they lashed out. Simple maths.

I topped up earlier as well.

ii got me £5k worth at 32p which seems like brilliant value. Will hope (!) to sell these at 37/38p in a month or so.

And now “stabilising” just above 30p. So weird and not a little disappointing. Certainly a dip but whether it’s one to buy on is a moot point.

May even dip below 30p at this rate? But what do I know?

Wow that’s better than expected. And confirmed not only increased and accelerating sales and orders but 2021 profitability as well. In the real world, updates don’t get much better than that?

Wonder how much the SP will go down as a result? (!!)

Or, back in the real world, the price has been reduced to get the sales through as during these news-lulls, supply often exceeds demand. It’s hardly unusual.

The company is doing really well, confirmed by today’s upbeat update. Obviously the SP will go down as a result today … where’s Wally … I mean Toli with his random ramping when you need him?

Happy days.

Thordon - I assume one of the major new customers is Colgate Palmolive? Neither itx nor CP has ever revealed their relationship other than Powerpac ingredient lists and so on? The others might be hidden in that amazing products spreadsheet s as well perhaps (just guessing that though!!)

Cheers.

Morning all. ITACON how do we know that JS is so positive about the coming weeks? I mean I’m sure he is and all that (!) but I can’t recall reading that anywhere.

Not sure what the July “news release(s)” and results (effectively just one month’s worth) will really tell us. Realistically we shouldn’t expect them to be massively more upbeat than the 5 month one? Not sure how much of an outlook/update for 2021-22 will be published either?

But I’m positive the upward trajectory will be back to “exponential” again real soon !!!

It’s certainly baffling ! But then FinnCap had already announced that the results would be this good so no actual surprise today really. I remember when itx announced excellent results several months ago, the SP fell 5 or 6% on the day then started rising a fortnight or so later. No idea why !!

Really fine set of results announced earlier. Revenue up 84% and a 1p dividend … plus a bullish statement about 2022. Couldn’t ask for any more I’d say. Hopefully a decent SP rise today.

I have to admire how a company that can’t even get hold of its own books and doesn’t bother telling anyone until they’re due is still being so enthusiastically schoolboy-ramped on here!! It’s genuinely made me smile.

Good luck to everyone genuinely invested here, it’s been and remains on my watchlist after being ramped on the itx boards and elsewhere. But the flags flying today are most definitely red ones.

And another decent contract win announced today (28 June). Excellent news hopefully matched by the SP moving in an appropriately upward direction?!

* good old guess even !!

No, no one does but that won’t stop the good folk on here having a god old guess about it.

End of July.

Bought another £5k first thing this morning at 41p. Am I right in thinking the ex-dividend date will be late July? Surprised this isn’t at a much higher price given the excellent trading update in April? Seems very much under the radar considering how often the name FinnCap appears in the media. What am I missing?!!

I’m really looking forward to the results, probably more so than the AGM, although I’m not expecting actual “surprises” at either. I just re-read the recent trading update though and there are indeed several hints at better news and times ahead in H2. Maybe the best surprise is just 6 months away.

Weird, it was there a minute ago I swear!! It appeared as an unknown then flipped to a buy. Then vanished. If it doesn’t come back again then I am officially a bloody ramper now. Oh dear!

18-Jun-21 13:09:10 13.155 180,810 Buy* 23.79k

Not absolutely massive, nor is it AUK’s “missing” trade but might explain today’s dip for the tree shake lovers out there?