Hannover House Inc (HHSE)

[Harleyman]

TDGI Valuation - .71 cents....

Here is my stab at TDGI value. I used my guesstimates as to which books, movies and theatrical titles would release in 2011. I also booked what I felt is legitimate earnings potential for each, using averages for books, VOD, DVDs etc. I used a 25% factor, for income, for all titles, working under the assumption that the titles will be staggered to market throughout 2011, with the other 75% of income hitting the books in 2012. I estimated 3 mil for expenses in 2011, and ramped them up 25% for 2012. I used the same estimation for library valuation. I also think a company with this kind of growth deserves a p/e much higher than 12, but I tried to keep it conservative. Depending on T3000, or the other 2 theatrical projects pending, it wouldn't be out of the question, imo, to see a $3 stock in TDGI within the next 24-30 months, but again, I sell groceries for a living, so what do I know?????

Having said that, this is soooo not scientific, but I found it fun. My estimations show a pps in 2011 of .71 and a 2012 pps of 1.18. Now keep in mind, this excludes any future titles, mergers, acquisitions, etc. Shake it however you want to, this puppy is so undervalued. When the street wakes up and comes to it's senses, there will be some happy TDGI'ers.....
[img] 2011 2012
Title Theater Net Income
All Faire in Love X 2,500,000
Girlfriend X 2,500,000
Thru the Mobious Strip X 50,000
Turtle X 20,000,000
Wild Hunt X 1,000,000
26,050,000

DVD's/Blu-Rays Each Title Net Income
19 titles 25,000 475,000

VOD/TV
16 titles 10,000 160,000

Books
5 titles 25,000 125,000

Total Income 26,810,000
25% Earned in 2011 6,702,500
Remainder in 2012 20,107,500
Shares EPS EPS
Shares 471,000,000 0.014 0.043

Value Value
Library Valuation 2011 24,000,000 0.051
Library Valuation 2012 30,000,000 0.064
Expenses 2011 -3,000,000 -0.006
Expenses 2012 -3,750,000 -0.008
Total EPS 2011 0.059
Total EPS 2012 0.098
PPS PPS
p/e 12 0.71 1.18[/img]