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Bullboard - Stock Discussion Forum IWG TECHNOLOGIES INC V.IWG

"IWG Technologies Inc through its subsidiary is engaged in developing, manufacturing and selling aircraft water treatment equipment, on-demand water heaters and water systems."

TSXV:IWG - Post Discussion

IWG TECHNOLOGIES INC > Undervalued
View:
Post by mlmack on Jun 15, 2015 5:57am

Undervalued

I keep buying 20,000 shares for each 1/2 cent drop in the stock price.My current target is $0.29 although I expect that will rise after the next quarterly report. I am patient with this one and will continue to buy. One of my three under-valued stocks with TLA and PHO.
Comment by ForesstGump on Jun 15, 2015 6:05am
This post has been removed in accordance with Community Policy
Comment by apainter on Jun 19, 2015 12:05pm
Hi mlmack, I think this is a very good stock, but my only concern is that it is fully dependent on airlines new built or renovations. Do you think they will adapt their products for other industries like RV etc in the near future. I did not see anything about that yet. I do not own any position but am waiting Thanks  apainter
Comment by mjh9413 on Jun 19, 2015 2:32pm
Not a question to me but my views. They recognise new competition in their MD&A's from time to time and say they are/have exploring diversifying product use but that is all I have seen.  I started years ago to suggest they do latter (especially linked to solar powered applications) but they give no responses...which I always consider a bad thing as not shareholder friendly. Still, I ...more  
Comment by apainter on Jun 21, 2015 10:41am
Thanks Mj
Comment by mlmack on Jun 23, 2015 8:26am
In the latest MD&A the company states "the companies long term growth plans includes new products to existing customers and with the pursuit of new aircraft products, new customers and new non-aircraft products". Competition is a problem for all companies except monopolies, last quarters results indicate IWG is doing fine.
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