Iofina (IOF)
market vs.
industry GROWTH & VALUE
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| PE Ratio (f) | 49.9 |
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| Price to Book Value | 15.1 |
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market vs.
industry QUALITY
| Year End 31st Dec | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | TTM | 2012E | 2013E | CAGR / Avg | |
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| Net Profit | £m | ||||||||||
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| Cash etc | £m | ||||||||||
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| Net Debt | £m | ||||||||||
| Book Value | £m | ||||||||||
| Average Shares | m | ||||||||||
| Book Value ps | p | ||||||||||
FINANCIAL BRIEF: For the six months ended 30 June 2012, Iofina plc revenues decreased 18% to L4.9M. Net loss increased 56% to L667K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items totaled to -L0.01. more »
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market vs.
industry RECENT HISTORY
| Latest interim period (ended 30th Jun '12) vs. prior year | ||||
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BROKER CONSENSUS & FORECAST TREND
| Recommendation: | Strong Sell | Sell | Hold | Buy | Strong Buy |
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| No. of Analysts: | 0 | 0 | 0 | 0 | 1 |
Iofina plc is a holding company engaged in the exploration for, and development of, natural gas and associated iodine in certain areas of the United States and the manufacturing of specialty chemicals in the United States with support provided by the United Kingdom office. The iodine, water and natural gas has been discovered on acreages, which the Company holds through its wholly owned subsidiary Iofina Natural Gas, Inc. The Company also co-produces water from this owned production acreage. Through its wholly owned subsidiary Iofina Chemical, Inc., the Company is vertically integrated into the iodine derivatives market and iodine recycling. Its Wellhead Extraction Technology (WET) method and WET Iosorb method enables the co-production of iodine from brine. In June 2012, the Company purchased an Oklahoma-based iodine extraction facility and associated assets from an undisclosed seller.
Directors: Christopher Fay (Chmn.) , Lance Baller (Exec. Dir.) , Forest Dorn (Exec. Dir.) ,
No. of Employees: 35 No. of Shareholders: n/a
| Last Annual | December 31st, 2011 |
| Last Interim | June 30th, 2012 |
| Shares in Issue | 127,284,398 |
| Free Float | 92.3m (72.5%) |
| Sector | Basic Materials |
| Industry | Chemicals |
| Index | FTSE Aim All Share, FTSE Aim 100, FTSE Aim UK 50, |
| Exchange |
London Stock Exchange (AIM) |
| Eligible for | an ISA? a SIPP? |
| Address | Suite 3600 8480 East Orchard Road, GREENWOOD VILLAGE, 80111-5006, United States |
| Web | http://www.iofina.com |
| Phone | +1 303 2221215 |
| Contact | Lance Baller (Executive Director) |
| Registrar | Capita Registrars (Kent) |
| Auditors | Baker Tilly UK Audit LLP |
| 8th May | Successful Arrangement of US$15m Convertible Bond |
| 7th May | Final Results |
| 2nd May | Change in Reporting Currency |
| 29th Apr | Notice of Final Results |
| 29th Apr | Atlantis Water Project Update |
| 17th Apr | Holding(s) in Company |
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