Post by
HiGhRoLLeR420 on Mar 07, 2018 9:49am
$1.60 <— Fair Value
Morningstar gave ICC a “fair value” of $1.60 yesterday. Let’s pump this up!!!
Happy Investing!
Comment by
corvette67 on Mar 07, 2018 10:41am
When you are forced to provide the local market at $1.41 gr you can't be making much if anything. I can't see this going anywhere until they are producing enough to export. That may happen when they harvest in April. GLTA
Comment by
stranger5 on Mar 07, 2018 12:02pm
To say the least , ICC will always be in business making profit . So sky is the limit with deals in SA and with rest of the world . If you can make a profit in poorer countries without gouging prices , seems like many business opportunities will present themselves . Growing in NA and europe for many companies is going to be very challenging for competition to be low cost producers .
Comment by
BrokeNewbie on Mar 07, 2018 12:34pm
0.90 cost sell at 1.42 that's still a decent profit margin
Comment by
JRSDIRECT on Mar 07, 2018 12:49pm
Great read on the company, their vision, market analysis, and their timelines https://icclabs.com/hosted/ICCLabsInc.Deck.pdf
Comment by
HiGhRoLLeR420 on Mar 07, 2018 2:13pm
Everyone made some really good points! This is still a very good stock to own, regardless of some slip today. We will have our up’s and down’s but just hang in there, and we will do fine! Happy Investing!