So then comes this potential merger. I call it "potential" but I'm just being extra careful because the top has already decided on it.
So I had to upgrade the stock, from a score of 8.5 to a score of 8.9. Not even giving them credit for all the potential here. Because mind you, Gansu Yasheng is trading at a P/E of no less than 112 these days.
HERB is much bigger than Gansu Yasheng. $112M in profits versus something like $30M for Gansu Yasheng. So we will own a big chunk of that merger. But even if we own only half, we're still talking about a share price of roughly $21, and probably more. That's right, a 25 bagger from todays level.
As I always say, you play the odds. There are no certainties in life. But once in a while we will get lucky. And lucky this time could very well mean, a big pile of cash.
Besides, what's not to understand? It's in the bloody 10-K. They already told you about this merger.
I had the same debate a year ago on the SIAF board, saying the Mega Farm is coming. And nobody believed it. Nobody wanted to believe it, but it came...
Of course the difference is, this time the stock will definitely react to the news in a major way.
Recent HERB News
- Form C-AR - Annual Report • Edgar (US Regulatory) • 02/26/2024 01:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 08:51:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 07:00:08 PM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM