Feeding village children in Mindanao Philippines and watching my boy and girl grow up.
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Thanks.
I only shared my thoughts that I shared here yesterday re the spinoff. I am sure he wants a higher pps just as we do so we are all on the same team. I said nothing derogatory but did mention the size of my investment so he knows that I do not just have a few thousand $$ at risk.
I tried to email Frank at Frank@hncholdings.com
But it came back undeliverabe.
Does anyone have a different addtess?
I tried to email Frank at Frank@hncholdings.com
But it came back undeliverabe.
Does anyone have a different addtess?
Putting on my TA hat for a minute, it will be a positive for the pps to stay above the middle bb at .19.
I can not disagree anymore than I could about any company's assets but it does give more credibility, for me, to have audited results. As I said many times, IF the books are not cooked this is extremely under valued.
The part that is not rehash is the audited results. That suggests that the assets are not inflated.
According to this, the results are audited so I am baffled.
https://topnewsguide.com/2022/07/07/houston-natural-resources-otc-hnrc-to-spin-off-dividend-shares-to-shareholders-closed-up-50-on-10x-volume/
You did not read my previous posts. I posted that if the non oil businesses were worth $1.75 they would be better off selling those assets off and paying a cash dividend. The market is only pricing those assets (today) at a few cents. It is obvious that they are diluting into the news today (imo). If they had sold the assets and paid shareholders a cash dividend instead, the pps would have gone up the amount of the stated dividend and they could have sold there instead of at .25.
A cash dividend of $1.75 would have had it race to $2.00 today ;)
But I am very optimistic, just wish they would turn off the faucet and let it run some.
All time high volume today. Now to see the scuttlebutt overnight. Should be an article or two,perhaps Seeking Alpha.
Based on previous rallies when the PPO and PMO crossed up, the 1dt day was not the hogh. RSI has gone to 90. We are at 50. I believe there will be follow through to 40's. Imho
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=2&mn=3&dy=10&id=p44310268619&a=1189288211&listNum=1
That is why I would like to see audited books.
Thanks for that. You are correct. So if HNRC is worth $2.80 a share book value and WDHI is worth half of that they still would be better off liquidating those assets and paying a cash dividend.
The question is, what is the tangible value of WDHI? The market right now is pricing it at .27 as the announcement added only .09 to HNRC pps (.09 x 3 = .27).
If the book value of WDHI is anywhere near $5.00 a share they would be better off liquidating and paying shareholders a cash dividend. Even a $1.00 cash dividend declaration would put the pps of HNRC over $1.15 per share and if HNRC needed to dilute they would be much better off doing it at $1.15 then .25 where it is now.
If the dividend of .37 comes to fruition I will treat this as an income generating vehicle. 6% is a very attractive dividend yield in today"s market. That would put a minimum pps of $6.00.
I am down about 60% from my avg pps but continue to add. Bot another 8k today partial fill on 10k.
Not to be redundant but....
Either the books are cooked or this is the most undervalued stock that I have seen in 50 years. I am talking Warren Buffet under valued not Elon Musk under valued.
Lock up period is between 90 and 180 days.
Watch HNRA for dividend ex date for a clue. But they stated "after the lock up period".
Great find.
At a nickel a share, all things unchanged, I will be selling my gold coins to load up.
Thats the truth.
Oops. Read ur post after I wrote mine.
For sure a rally and for sure Russia home by Christmas. It is just sad how many are going home in body bags at Putins doing.
I noticed one post.
Go Russia? Seriously
I will be waiting with my add.
Still has not hit my bid. Turn them back on.
I put my bid in and do not watch it.
Lol. And turn off the ceiling fans.
In March the pps was .79 after having dropped to .15 in January.
I would venture to say that I have the largest holding here. And I will add as long as Acc/dis remains positive and the company stays on track. Volume continues to be miniscule and it moves on air.
One should always be cateful. However, if the dilution remains at 3 million a quarter that is acceptable between now and next year. Not to be redundant but I will stay unless they start kicking the can down the road re SPAC dividend.
So far I am not impressed with Frank's transparency but I will give this time.
The pattern in this downtrend has been a spike every 4 months so we are due soon.
No response
I find it curious that they need to dilute for a few hundred thousand dollars at this level. Was one of my questions.
I emailed him 2 weeks ago. No response. That did not stop me from buying another 10k today.
If they can actually do what they say and pay .30+ dividend next year then I have no plans to ever sell. Let my kids live off the income.
100x imho
I used the weekly muddle Bollinger band to put me all in when it broke above in in late 2019. I got out when it broke it then got whip sawed but for no loss a couple of times. I am back in half of my original position and will add on a retest of tge weekly middle Bollinger. If it breaks below I will go back to cash.
https://stockcharts.com/h-sc/ui?s=CYDY&p=W&yr=3&mn=3&dy=10&id=p32736203689&a=1183918773&listNum=1
OXY is selling at 4 times book value.