Aluf Holdings Inc (AHIX)

[RSI 30]

According to the Jan 25 PR:
“TC is a developer and provider of hardware independent biometric processing software with average annual revenues of approximately $12.5 million during the last three years”

So let’s do some easy math;

$12.5mil / 3yrs would be approximately $4.167 million in gross revenues for AHIX per year

As of Dec 31, 2016 the outstanding shares are 3.2496 Billion.

Thus, the gross Earnings per share could be: $4,166,700 / 3,249,689,524 sh = $0.0013

Giving this stock a current price to forward earnings ratio of .0001/ .0013 = 0.077

The average P/E for good stocks in the tech sector 16.8 I don’t deem AHIX to remotely be in the realm of NASDAQ. So let’s put a decent P/E ratio at a quarter of that = 4.2

Giving a price for AHIX at 0.0055 …..Perhaps making this stock a potential 50 bagger, on this acquisition alone.

I get a cautious vibe from the PR, I which I enjoy; I believe Teresa bowed to shareholder pressure to put out news. The announcement reads to me as, positive without pump wording If it reads lack luster to you, perhaps it is because it contains a modicum of integrity.

GLTA