Innovative Composites (IC.V) Buy, Sell or Hold

Innovative Composites (IC.V)

0.00

-0.00 (0.00%)

4 watching

DON'T BUY

Just got new management which announced that they want to be more transparent and move forward. When you are dealing with a $0.04 company on the Venture Exchange that has nominal revenues, you are looking at hope and potentially hype. Risk is very, very high.

Wealthica Track your Stocks in your Watch List

PAST TOP PICK

(A Top Pick Jan 27/12. Down 89.47%.) Have plastic moulding technology that was developed at Magna (MG-T) and were using it to build mobile homes out of plastic composites. Had a big contract with the Haitian government but lost the contract. As soon as this happened, he got stopped out of the stock.

DON'T BUY

Really likes the potential. The hydro forming technology, which was developed out of Magna, is being applied to transportation and now into housing. Announced some contracts with Haiti for some mobile housing but those contracts have been delayed. They built their plant which is now operational but don't have the revenue that they had expected. It is now a show me story.

DON'T BUY

Doesn't have enough history for him to be able to look at the 3 and 5 year numbers. Have a very interesting product that is being used globally. If they're successful in getting a build out, it will be beneficial. The challenge at the moment is that the median estimate for Sept/13 is a loss of $0.02. He would wait for a visible backlog and earnings to start to appear

DON'T BUY

Really, Really small company, $1 million last year. Not a pretty balance sheet.

COMMENT

Part of this company is involved in plastics and part of that is involved in making mastic houses. Have potential contracts including Haiti and others. Expected to lose $.06 in 2012 and to improve to a very large $.17 in September 2013. People are actually waiting for the sales and deliveries to start.

WATCH

Announced a contract to provide some shelters to Haiti but the contract has been delayed. At this point, he feels it is a bit of a “show me“ story. Still likes. Has huge potential.

TOP PICK

Hydro forming plastics technology patent was bought from Magna (MG-T) and is being used to manufacture low-cost modular shelters, which solves all the issues of deterioration, flame retardant, pest controlled and water leakage. Won a $60 million contract for shelters in Haiti and are in the process of bidding with the Clinton Global Initiative on a $4 billion contract. Recently won a contract in Brazil for low-cost housing. Target of $2-$3.

Wealthica Track your Stocks in your Watch List

Showing 1 to 8 of 8 entries

Innovative Composites (IC.V) Frequently Asked Questions

What is Innovative Composites stock symbol?

Innovative Composites is a OTC stock, trading under the symbol IC.V (previously IC-X on Stockchase) on the undefined (undefined). It is usually referred to as or IC.V

Is Innovative Composites a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on IC.V (previously IC-X on Stockchase) on Stockchase. Read the latest expert commentary for Innovative Composites.

Is Innovative Composites a good investment or a top pick?

Innovative Composites was recommended as a Top Pick by James Hodgins on 2012-01-27. Read the latest stock experts ratings for Innovative Composites.

Why is Innovative Composites stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Innovative Composites.

Is Innovative Composites worth watching?

Innovative Composites is covered by Stockchase experts and is worth watching.

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Richard Orrell

RN Croft Financial Group

Stockchase Insights

5i Research

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Stan Wong

Private Wealth Management, ScotiaMcleod

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Innovative Composites (IC.V)