IVAC from Curzio’s Spam for his Ventures newsletter.
by gdoggcrunch | March 24, 2018 11:41 am
”THIS TINY $6 COMPANY IS GOING TO REPLACE EVERY “SMART DEVICE” ON THE PLANET”… It is IVAC
Curzio claims:
“By this time next year, every single smartphone, tablet, smartwatch and auto display system you own will be obsolete. The year after that, nearly 40% of the world’s population will be using this replacement instead. Early investors stand to make 10x their money or more… with almost ZERO RISK.”
Curzio’s take is a super durable glass will be used on everything. Intevac (IVAC)[1] has a component of their business that produces a protective film for glass. There is a video on their website that is pretty compelling.
In this presentation below IVAC mentions the 20x Scratch Resistance and the 20% Breakage Resistance that Curzio quotes in his newsletter.
http://investor.intevac.com/static-files/42f13d90-5f96-43d4-b629-026e9ea276a7[2]
IVAC believes they have a $500 million Revenue Opportunity assuming 25% adoption on various devices.
Obviously with <$150 in Market Cap, a $500 million revenue opportunity could double or triple the share price. It trades at less than 2x Book value and EV/Ebitda of 12.Obviously there has got to be competitors, and I’ll be checking into those. Curzio may be right on the risk reward. It does trade only 120K shares a day, so if he gets any traction on his spam this thing could pop.Cheers!
- Intevac (IVAC): https://www.stockgumshoe.com/tag/ivac/
- http://investor.intevac.com/static-files/42f13d90-5f96-43d4-b629-026e9ea276a7: http://investor.intevac.com/static-files/42f13d90-5f96-43d4-b629-026e9ea276a7
Source URL: https://www.stockgumshoe.com/2018/03/microblog-ivac-from-curzios-spam-for-his-ventures-newsletter/
I have no position, but I may take a position next week pending further due diligence and market conditions.
STX was 40% of their Revenues in 2017. US Gov was 15%
His teaser promotes it as an earth shattering change for the cell phone and tablet industry. Some searches on glass tech led to articles on self- repairing glass technology with a polymer called “polyether-thioureas.” No idea if that’s part of the story.
IVAC – more on this. — Curzio probably should have titled his spam Betting on a Press Release from a Top 5 phone manufacturer. The year by the companies own admission is back-end loaded and lumpy. They state sales will be about even with last year. The 10K shows competition from the biggest of the big names, like AMAT, etc. Also they are greatly dependent on the budget bill and I’ve not had time to read that :-). Plus a chunk of their business faces tariffs. So this is full of risk unlike what Curzio implies in his teaser.
But there is upside, if there happens to be a press release from a top five cell phone Manufacturer with a new model coming out late spring. Apple, Samsung, Huawei, Oppo, and Xiaomi are the top 5 that I see. My guess it would be a higher end phone perhaps from Huawei or maybe Samsung. I can’t believe it would be Apple because they just release new phones. Anyway, if anyone knows when Curzio publishes his Ventures Newsletter, that might help us play the pump. Please shout out if you know.
His teaser promotes it as an earth shattering change for the cell phone and tablet industry. Some searches on glass tech led to articles on self- repairing glass technology with a polymer called “polyether-thioureas.” No idea if that’s part of the story.
Reading the conf call- he is most likely referring to the oDLC glass coatings they provide via their “vertex” project. I see the mention of a top 5 cell phone company. I see the insider and institutional buys, he teases, some insider non-open mkt options etc.
Interesting but no ideas on who their competitors are etc
Reviewed the bill Trump just signed and it would appear the funding should be available for IVACs defense business. I expect IVAC will provide clarity on their Q1 18 con call. http://investor.intevac.com/static-files/40351b8f-f581-41e5-bf2a-3dad7b680005 Is an updated company prezo from the link in my write up. What I do not know is when Curzio goes live with his CVO recommendation.
https://en.wikipedia.org/wiki/Xiaomi#2018 is a Top 5 cell phone company that is supposed to announce some phones 3/27/18. Having trouble finding out where and English website is where we can pick up the announcement. One phone (MI Mix 2S) is supposed to have reduced Bezel size which might require hardened glass. Another the Mi7 is supposed to be upper end. Anyway, it might interesting to keep an eye on the IVAC news for 3/27 ir 3/28 to see if they pick up anything on the Xiaomi news. This stock is by no means a slam dunk. I think it could go to $4 as easily as $8. Curzio seems to release newsletters on Weds..just don’t know which Weds. Could it be that he’s trying to time his IVAC recommendation in conjunction with the Xiaomi news releases this Wednesday 3/27/18?
Very helpful. It’s a slick sales pitch and seems to have promise. I do not know the barriers to entry for other firms or existing competitors. Will look into that tomorrow
Read a report from ford equity research, they list PAR and PSDO as competitors/peers. Their report is very negative on IVAC, but cites mainly that the stock is down over the last year, and that growth and earnings have slowed over the last year +.
Looking at Fidelity, analyst opinions are all over the map, not that they are opinions worth following.
Sounds like Curz May be predicting an earnings rebound based on a top cel phone provider inking a deal with them. If that turns out to be true, the stock could very well rebound. Course if the market sell off we’re to accelerate below the 200 day MA, it may not matter. I’d be watching a mental stop closely not sure if I’ll take a position.
https://www.businesswire.com/news/home/20180301005519/en/Intevac-Present-Fan-Out-Packaging-Results-IMAPS-Device
Did find this article from early this month