Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Grateful for update AJ
AJ, still nothing from Halifax, you?
Thanks AJ
Can anyone shed light on how we go about applying for our allocation.
The RNS stated a form attached and postal address but I cannot see a form?
CREST is mentioned? I trade through Halifax, will I get a route to apply through them?
I'm confused
From Bemis website
"We began in 1910, in the Bemis neighborhood of Watertown.
Back then, we were making a chewing gum base for Wrigley and natural latex-based hot melt adhesives for New England’s shoe industry."
Itx originally began as a nicotine gum company before transforming into what it is now, some shared history between the two companies of a sort.
Maybe John's sentimental lol
Just looked at the customer reviews for those amazon branded dishwasher tablets.
All really positive, with consensus being that they were cheaper than main brand and cleaned better. Put that alongside the green credentials and it confirms everything John has been promising.
I can't wait for incoming financial update.
I agree Smart, I know certain people don't like talk of adding to their holding (won't name them) but I tried to buy yesterday and today and could not get any price on 5k volume and above.
Had to buy in smaller amounts due to electronic free float.
I remain heavily invested and look eagerly to the upcoming trading update.
GLA
Surfie, i suppose your perspective will differ depending on if you are down or up on your investment.
I do not claim to be an expert, far from it, just believe in the potential of this share as Smartinvestment said.
I have always said I see this as a long term growth share and will remain invested at least until break even...
Should this not occur in the time frame JS has suggested (next 24 months) then I will start to question my judgement.
Nice slow and steady tick up on SP is what i like to see, leaves less room for swing traders to mess us LTH about.
I love this share.
One of those was my top up, plus another two.
Reasonably sure it is a typo, Exciting week ahead.
GLA
I totally agree, I have been telling anyone that will listen to buy this share. Why the wider market is slow to grasp this is beyond my understanding. I topped up again last week.
I think your bang on with your deduction and prediction AJ re timing of consolidation.
I hope this plays out as suggested, very exciting times.
I always have planned to hold this share long term as a growth share and feel happy with the direction and 'pipe line' laid out.
2023 will be a big year for this company in realising it's potential and meeting the growth projections predicted.
If it fails to meet predicted growth targets next year I will be worried but for now I remain confident and happy to be invested in this exciting company.
GLA
Bizzare post, ITX has never been in a stronger position than this.
Nice to see further conviction from John with regards to nappies (super absorbants), clearly developing nicely and on target. I wonder if the big announcement he refers to in the next 3 to 6 months will be related to this? Hope so.
Thank you everyone for kind words and support.
It has been said before many times but this is a great chat board. Love the journey we are sharing together.
Just topped up. Hoping and expecting for good news.
Could do with some after my father died on monday.
Oversold when FinnCap released trading update and John Shaw confirmed most markets (Personel Care, Detergents etc) down on last years revenues.
Reality is the trading updates were actually quite positive with a 12p share price prediction this year.
It was not possible based on figures released to determine when break even will occur and for this reason some predict a cash raise/share dilution in near future.
Once this happens people panic and jump ship, but as stated before, very little free float with shares so it takes very little for share price to slide or rocket off back of news!
Recent rise is off back of last RNS which confirmed that ITX have now launched a new product on trail to major supplier. The product is a new super absorbent polymer which will be used by companies like huggies/pampers to replace phosphates in tradditional nappies.
This is a huge market and will become a massive revenue generator!
I expect a steady stream of news this year with new product launches etc and can't wait to see the price climb.
Long term hold as i've always said, expect 2023/24 to really start flying.
GLA
DYOR
I think the news around VELAFRESH odour control sales is the big positive news i expected!
No doubt this 70% increase in revenue has a lot to do with their expansion into asian market.
I previously said I felt revenue from odour control would overtake revenue from dishwasher detergent once customers in china take off, this huge uptake in a short period of time suggests I may have been correct.
"Hygiene revenues are expected to be $0.5 million for FY21, a 70 percent increase from $0.3 million in FY20"
GLA