Member Info for rylidan

I've always regretted reducing or selling my best performing shares. Especially when they are longterm excellent performers like AHT

Really wasn't expecting the opportunity to top up at over 8% yield again. Top sliced some other low dividend shares that have been doing well, to get additional dividends. I don't normally welcome a share price drop!

Results look excellent. Adjusted EPS up 5.5% in a difficult year. Yield up 2.5%, to a nice 7.8% at current share price. Good growth prospects for this year.

On Wednesday. Hoping for a 4 or 5% increase in the dividend for next year. Nice quarterly revenue.

Oklahoma weather forecast "November 2020 to October 2021. Winter will be milder and drier than normal, with below-normal snowfall in places that normally receive snow. The coldest periods will be in mid-November, early to mid-December, and late January. The best chance for snow will be in late January." So this bodes well for good production in Q1, normally the worst period.

Grrrrrr, brine supplies, not briefly supplies@!!

I've bought for longer term, if the company keeps growing as they have, one year will be a bumper year. Perhaps 2021? Some complain about H2 production, but they explained in the update briefly supplies were reduced. No one should under estimate the issues covid has had on business. They secured a low interest rate on their loan, so the bank must have been happy to lend. Sorting that, when it must have been a tough negotiating environment, was quite an achievement IMO. Anyway, I've still got some cash left for a few further top ups. At this level it's a bargain IMO, but everyone must make up their own mind on that.
Like others I would like to see Tom concentrate on the core iodine and chemical business.

In a year where we've had a pandemic, and they still increase output, and almost certainly will have record revenue and profit figures. Yet people still moan. Unbelievable.

Well despite all the criticism, I'm still expecting EPS in excess of 2p for 2021. Reducing debt and increased profit. At this price a forward PE for 2021 of around 6. Hence, I've topped up as well.

Agreed. A very solid year given the covid backdrop. We are well under true value IMO. The outlook statements for 2021 were also very promising.

My horoscope said this morning that I would soon be going on a long journey. Unlikely with lockdown but perhaps it was referring to IOF's journey to a ten bagger.....

The interest paid in 2019 was $2.65m. With the refinancing, and profit reducing the debt, we should be paying $2m less interest in 2021. That alone equates to EPS of 0.75p. Then production capacity is up over 20% and iodine price up over 30% since 2019. Will be very interested in Q4 numbers.

This year has been transitional, with increasing iodine prices, and a great new finance deal. Interest payments in 20/21 should be $2m lower than 18/19, equating to .75p a share EPS on that alone. Iodine prices are significantly higher than 18/19. Our production capacity should be 40% higher this year.
Will be nice to get the Q4 stats soon.

Full year results April, Q4 figures in around a week

The NEX market can be found at IOF.GB.PL on this site

Should be the year end update next Thursday or friday. We will get a production update, and most likely an average price achieved. We may not get an update on the fall in interest payments in H2 after the refinancing. That alone is quite significant.

Well the bid/ask on NEX is currently 13.5/15.5
I dare say it's cheaper to buy on the main market right now.

Who knows! Perhaps we will find out next week with the update. Also interesting that it took 2 days for the MMs to fill that order, so supply is tight. The trading range was 13.55 to 13.65 the whole time, which is a very tight spread for this share. My assumption is that while they were filling this order they were charging up to 13.95 for other medium sized orders.
There were very few willing to sell at 13.55, perhaps just one background trader.

The 600k buy is encouraging. That's more than I hold!

We should be on a PE of around 10 to 12 for 2020 when we get the results, and a forward PE for this year of around 6. You have to decide what a reasonable PE is, but with continuèd growth very likely in the next 5 years I know where I expect it should be.
Happy New Year to all on here.