Ludlow Energy
Ventures
Alternative and Income Energy
Investing
Home Page
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OTC: CPTC
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Stock Report Launch
April. 29th, 2008
OTC Symbol: CPTC
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| Sector: |
Energy |
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Sub-Industry: |
Scientific &
Technical Instruments |
| Fully Reporting: |
Yes |
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Summary:
The company is involved in the
development, manufacturing,
and marketing of renewable and energy efficient electrical energy
products.
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| Price at Research
Launch: |
$0.87 |
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52-Week Range: |
$0.70-$2.22 |
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Prepared by: Ludlow Capital Research
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| Business Summary |
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CTC is a global
provider of electric utility solutions featuring its breakthrough
composite technologies. CTC’s transmission and distribution cable
products address a $50 billion annual global market that is
projected to exceed $80 billion within 10 years. CTC’s premiere
product is a composite-reinforced conductor known as ACCC (Aluminum
Conductor Composite Core) cable. ACCC cable has the potential to
revolutionize electrical grids by offering twice the power of
traditional aluminum cables, 25% stronger materials and dramatically
improved reliability – all at installed cost savings. Additional CTC
products being introduced include electric line support structures
such as composite utility poles and transmission towers, as well as
composite wind turbine support structures.
For more information, go to
www.compositetechcorp.com.
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| Stock Performance |
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- In the past 30 trading days,
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Quantitative Evaluations |
| Ludlow Capital
Rating: B |
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| Volatility: High |
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| Technical Rating:
NEUTRAL |
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| Relative Stock
Strength: 72 |
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Key Stock
Statistics
As of July 22nd, 2008 |
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12 Month P/E |
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Yield |
| Shs.
outstanding |
Shareholders |
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Shs. restricted
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Market cap. (M) |
| Avg. daily
vol. (K) |
Float |
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Value of $10,000 invested 1 year ago: N/A |
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Dividend Data
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| No dividends have been paid on the common stock. |
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Revenues/Earnings Data
Fiscal year ending December 31 |
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| Revenues (thousands $)
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| 1Q |
21.5m |
3.3m |
UR |
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| 2Q
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UR |
12.9m
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UR
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| 3Q |
UR |
6.4m |
UR |
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| 4Q
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UR |
18.2m
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UR |
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| Yr. |
UR |
40.8m |
10.1m |
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Earnings per Share ($)
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| 1Q |
UR |
UR |
UR |
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| 2Q
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UR
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UR
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UR
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| 3Q |
UR |
UR |
UR |
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| 4Q
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UR |
UR
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UR
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| Yr. |
UR |
UR |
UR |
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| Source: Company Press Release, and
filings with SEC. |
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Ludlow Energy Ventures Initiates Research Coverage on Composite
Technology Corp. (CPTC)
Last Updated: June 03, 2008 - 5:18pm EST
(NEW YORK)-- New York based
Ludlow Energy Ventures, Inc initiates research coverage on Composite
Technology Corp. (OTC: CPTC),
which develops, manufactures and sells innovative high performance
electrical transmission and renewable energy generation products, with a
B+ rating.
RESEARCH
OPINION
Mark Blackwell
Research Analyst with Ludlow Energy Ventures
commented, "On June
2, 2008, Composite Technology Corp. ("CTC") announced a
10 year Commercial Manufacturing Agreement with TECO-Westinghouse
Motor Company for turn-key manufacturing of DeWind turbines, a subsidiary
of CTC. This agreement should now clear the way for DeWind to proceed
with extended turbine supply contracts, and position the company well
in the growing US wind energy market. TECO-Westinghouse manufacturing
facility in Round Rock, Texas currently has a capacity of 400 turbines
per year, and can be expanded as needed to meet market demand."
Ludlow Energy Ventures is initiating research coverage on Composite
Technology Corp. with a B+ rating.
Register here to receive
updates on CPTC research coverage, and on our upcoming NYC alternative
energy investor conferences.
About Composite Technology Corporation
Composite Technology Corporation, based
in Irvine, California, USA, develops, manufactures and sells
innovative high performance electrical transmission and renewable
energy generation products through its subsidiaries, CTC Cable
Corporation, and DeWind, Inc. www.compositetechcorp.com
About Dewind, Inc.
DeWind Inc. designs, produces, and sells the DeWind series of wind
energy turbines, including the new 2 megawatt (MW) D8.2 model
available in both 60Hz and 50Hz; the 2MW D8 model in 50Hz; and the
1.25MW D6 model in 50Hz. The new D8.2 has been operating since early
2007 at Cuxhaven, Germany, and utilizes the advanced WinDrive®
hydrodynamic torque converter developed by Voith AG in combination
with a synchronous AC generator with high voltage output that is
connected directly to the grid without the use of power conversion
electronics. The first 60Hz D8.2 is now operating at Sweetwater,
Texas, where it will initially be used for demonstration to North
American customers. DeWind D8.2 turbines are now being assembled at
TECO Westinghouse Motor Co., in Texas for our North and South American
customers.
About Ludlow Energy Ventures, Inc
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Based
in New York City, Ludlow Energy Ventures is a venture capital
and research advisory firm with a specific focus on the
renewable and alternative energy markets. The goal of the firm
is to promote investments into alternative and renewable energy
projects and ventures worldwide. Ludlow Energy Ventures owns and
operates the Ludlow Energy Indices, which tracks a wide basket
of US traded large and small cap alternative energy stocks. www.ludlowenergy.com
Ludlow Energy Small Cap Index
Effective June 3, 2008, Composite Technology Corp. (CPTC) has been
added to the Ludlow Energy Small Cap Index, which tracks a basket of
small cap alternative energy stocks. http://www.ludlowenergy.com/indices/smallcap.html
--------
Contact:
Ludlow Energy Ventures, Inc.
Sarah Kapchinske
Managing
Director
(212)-233-2864
sarah@ludlowenergy.com
Disclosure: This is NOT a solicitation to Buy or Sell any
security, but rather is for research purposes only. Content
contained herein includes facts, views, opinions and
recommendations of individuals and organizations deemed of
interest. Ludlow Energy ventures does not guarantee the accuracy,
completeness or timeliness of, or otherwise endorse these views,
opinions or recommendations, or give investment advice. Ludlow
Energy Ventures, its affiliates, or directors, may or may not hold a
position in the above security from time to time, and investors
are encourage to consider this as a possible conflict of
interest when reviewing this information. In Compliance with SEC
Rule 17B Ludlow Energy was NOT compensated for the
distribution of this research material, but may hold a position
in the above securities in the Ludlow Energy fund, and should
thus be considered a possible conflict of interest when
reviewing this report and information.
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Disclosure: This is NOT a solicitation to Buy or Sell any security, but rather is for research purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Ludlow Energy ventures does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. Ludlow Energy Ventures, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Ludlow Energy was NOT compensated for the distribution of this research material, but may hold a position in the above securities in the Ludlow Energy fund, and should thus be considered a possible conflict of interest when reviewing this report and information.
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Our Team