InvestorsHub Logo
Followers 51
Posts 3817
Boards Moderated 1
Alias Born 04/20/2010

Re: erpy post# 141

Sunday, 01/11/2015 2:44:27 PM

Sunday, January 11, 2015 2:44:27 PM

Post# of 260
Hi Erpy. Welcome to the NHLD board. I usually end up talking to myself when Salty isn't around. Yes, I'd say .75 - .80 would be a fairer valuation based on approx industry average of a PE of 12X. Being an OTCBB stock is what I think is holding it back. The reason for the 1:10 r/s is to move to a national exchange. That would put it immediately at $5.00 and be more attractive to institutional buyers and allow retail brokers to recommend it to clients. After the listing, I would expect it to creep up past $6.00 (already touched .60 before the last quarter's earnings) maybe even $7 before the next quarterly earnings report. I've followed this since 2013 and believe it to be one of those 1 in 100 OTCBB issues that is for real. The company is real and has been around for years. Compare it with LTS with ttm earnings of only $0.04 but trading near $4 (in part) because it is NYSE listed. JMO.


...take a little trip, take a little trip, take a little
trip with me...