Hannover House Inc (HHSE)

[ricklths80]

7 Million Market cap ! they are already there last quarter and stock value should be based on growth going forward, normally around 15 times for this type of company.

Q1 sales 1,397,997
Net Income 501,203

Take net income of 501,203 x 4 quarters = 2,004,812

Then you take yearly net income x 3 years = 6,014,436

Not counting library which there are some who say its worth 20 million and others say nothing, probably some where in middle for true value.

So right now or should I say after 1st quarter they could sell company for a minimum of 6,014,426 plus value of library.

Conservatively around 16,000,000

Remember my 1st sentence, stock price should be based on 15 times earnings, you tell me where the share price should be.


GO HHSE - just wait and see