working 24/7
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
HCPC is a Solid Pick Mam!!!
I hear Stories of People Losing Money in Penny Land but for me i have yet to experience that Feeling. Perhaps you would like to Share how that FEELS???
GOD SPEED
Thanks Stervc for the DD,
HCPC .89 Per Share Valuation Post…
From the CEO shareholder’s update on pinksheets.com:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=hcpc
** Management believes it can deliver more than $740 million in projects for funding before year-end.
From the PR released on 9 Oct 07:
http://biz.yahoo.com/prnews/071009/latu054.html?.v=101
** The Company expects to receive a 5% origination fee at the closing and funding of each commercial project.
** Plan includes using 35% of its income following each project funding to buy back stock.
The above information is key to help us derive a “potential” valuation as to where HCPC should fundamentally be trading given the closing/funding of key projects.
Key Variables
Revenues From Project = $740,000,000
Income = 5% of $740,000,000
Outstanding Shares (OS) = 2,500,000,000 Shares
EPS = Earnings Per Share
PE Ratio = Price to Earnings Ratio
$740,000,000 x .05 = Profit/Income
$37,000,000 = Profit/Income
$37,000,000 ÷ 2,500,000,000 = EPS
0.0148 = EPS
.0148 EPS x 12 Conservative PE Ratio = Current Potential HCPC Valuation
0.178 = Current Potential HCPC Valuation
Given the potential valuation above, HCPC could logically be trading in the .178 per share price range. The key reason as to why the HCPC valuation gets better is because of the 35% of Income that will be used to buy back shares to reduce the OS and the Float as from what was previously released in the PR above.
35% of $37,000,000 = Amount to use for Buyback
.35 x $37,000,000 = Amount to use for Buyback
$12,950,000 = Amount to use for Buyback
Today HCPC closed at .0004 per share. That’s a Market Capital for HCPC of:
.0004 Per Share x 2,500,000,000 (OS) = $1,000,000
From the $12,950,000 amount of profits that could be available for completing the buyback, that is 12.95 times the amount of a greater worth from today’s share price of .0004 per share derived by:
$12,950,000 ÷ $1,000,000 = 12.95 times
So actually, based on the potential reflected above HCPC should be sitting at .0052 Per Share derived by:
.0004 x 12.95 = .0052 Current Potential HCPC Valuation
Here’s where it gets even better. Remember, the $12,950,000 will be used to buyback shares. With that amount, they could more than buyback 2 Billion Shares, but let’s just stick with saying that the company buys back 2 Billion Shares to leave remaining an OS of 500 Million Shares. Now consider below from what will be considered the new valuation considering that the amount to be reported as Income on the Income Statement would be the $37 Million that I mentioned above:
$37,000,000 ÷ 500,000,000 (OS) = EPS
0.074 = EPS
.074 EPS x 12 Conservative PE Ratio = New Current Potential HCPC Valuation
0.89 = New Current Potential HCPC Valuation
The thoughts above could be considered very conservative in nature by some while on the contrary to other. One of the individuals within the forum had actually gone to the HCPC Shareholder’s Meeting a little while ago. He mentioned that the company’s Underwriter believed that HCPC should be trading in the $42.00 to $45.00 per share price range. See the post below:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25261604
That’s very powerful to come from the company’s Underwriter at the company’s Shareholder Meeting. Heck, even if he is only a fraction of a percent to be correct, that would land HCPC to be somewhere in the pennies.
The above thoughts should be considered by all as “potential” Fundamental Valuation and not “actual” Fundamental Valuation. It will be up to HCPC to confirm the “actual” valuation that many of us believe. Please note though that we all buy stocks because of the potential valuation that is revealed to give us a sense of feeling that we have gotten in early. I am thinking that HCPC will be gaining new investors everyday that will share that same feeling daily.
From the variety of different ways to consider the potential for HCPC, no matter how you view it, we should be trading somewhere in the pennies. IMHO
v/r
Sterling
All i Know we are sitting in The Cat Birds sit.
Better to be us then others looking in!!!
Good Speed
Yes, All types of Games can be Played with this type Of Business.
We will see another run Here Shortly.
jmpo
Well, That is a Thought???
A better PR would have Kept the Crew Stable. They will have to work on the ole Marketing Skills After they Master the Loan Closing 101. Third Party Can be a third wheel Sometimes. We will find out soon Enough. My Gut tells me that the Party Is Not Over!!!
GLTY
Welcome Back C
I read your Thoughts and truly understand your Concern!!!
That just Tells me the process of research, examination, etc.
I cannot and will not except this Company as a Scam. It is to much Trouble for very little bit of Money. The Company is over 55% vested. Too many Green Flags here!!!
JMPO
Making a Loan to yourself happens all the Time with people and Companies that have Money.
Keep up with the Program Sherlock!!!
I do Agree and it is BS But it is what it is at the Moment.
Plus to Sell 50mm Shares at 1 is just nuts!!
I will play as long as they have pr to play with.
jmpo
Bill Clinton Taught me the way to word Thoughts
Nothing to be proud of but still this word Common was placed there for a Reason.
wtf to I Know.
The Company and The Customer have Shareholders in COMMON.
COMMON: belonging equally to, or shared alike by, two or more or all in question: common property; common interests.
I'm i the only one who sees what is in the Future????
GLTA
Looking at the Time Period that this Company has been trying to close a loan is nothing but Incompetents. But looking all over the Earth and evaluating people this seems to be the Norm.
Results is the Bottom line!!!
Goodtimes
You Think???
lol
Hold Tight Longs
I Expect the Feds. will come Tomorrow and Rescue us From Poverty!!!
I Will Still add More HCPC in the Morning!!!!
JMPO
Hcpc is the Least of my Worries!!!!
http://www.emergencyemail.org/newsemergency/anmviewer.asp?a=280&z=1
AHH, Cold Belly Washer!!!
CHEERS
I did Check it out Today Surf
Looks Tasty,
Will do more dd tomorrow
Timing is everything!!!!
Didn't get 1's Cajun but added at more at 2's. Will try and get some more 2's at the opening but i feel it will move to 3's Quick.
Good luck to you With HCPC.
jmpo
Please, No Trades until 9:31 Tues. Let me get some 2's before they are History.
This Week will Rock!!!
God Speed
I have been adding 2's the last two weeks and it is a good Chance that after the Market opens the 2's could be gone. I have mixed feelings about Hcpc. I Feel they are up and up but when the pps starts to move i will have to flip a few mm on the way up as it has to be that way. But with this Company most of my Position will stay with the Company. My Gut tells me to hang out for the Big Party Later on Down the Road.
GLTA
If the ask is .0002 when the Market opens Tuesday i am going to add more. We will see how that plays out!!!
GLTA
As of December 31, 2007
Authorized Shares: 6,000,000,000
Outstanding Shares: 4,146,666,667
Float: 2,389,280,252
Shareholders: 354 common of record with the
company's transfer agent
Yes, It will be like a Hornets nest next week.
This could bigger then expected.
Well, We Know all about the Feds.
Look at the Futures This Morning.
Everybody wants to make money
HCPC
Morning Investors
Some type of Report After closing Today would be a excellent move. As One Investor wrote Yesterday it would give the World something to think about over the weekend. It's all Psycology anyway!!!
GLTA
Yes Today should be nice.
Everyone is Ready Balamidas!!!
Glty
Heritage Capital Credit Corporation is a publicly traded company quoted on Pink Sheets under the Symbol "HCPC".
Specific information, regarding the common shares authorized, issued, outstanding and in the public float, will be published in the fourth quarter financial statement on or about Wednesday, January 16, 2008.
Morning Crew
Just Checking out the DD
Good luck to you Guys
Thanks B
It Feels good to be Right about a Company!!!
3 to 6 will be a Breeze!!!
News comes out Around .0005 and this Horse will Run
jmpo
Yes, This Week will be nice.
Hoping the Flippers play it Smart and let this Jewel Fly.
JMPO
Yes, Big J don't Play.
Do Your DD and Review Js post and you will find The up and up.
Thanks JOSH
Huge week for Financials.
Specific information, regarding the common shares authorized, issued, outstanding and in the public float, will be published in the fourth quarter financial statement on or about Wednesday, January 16, 2008.
GoodTimes
It is the Thought that Counts!!!!!
Enjoy
Yes Renee,
Very Positive That the Statements that the Company has Released in the past are ture. I am sure they are as excited as us the investors with the Loans and perhaps Merger in The Future. Goodtimes to those who wait. And as you pointed out the Company being 55% vested also justs get me Getty!!! Enjoy Your Vacation.
God Speed
Dude, This Board is used for Knowledge. Lets Step it up a little Please. Who Shot John don't really Excite Investers. Lets Pratice with a Point For Starters.
Merry Christmas And GOOD LUCK