Wednesday, February 22, 2012 12:38:09 AM
HLXH - HAMPTONS LUXURY HOMES INC. DD SHEET
HLXH has been under quiet accumulation and on the verge of breaking out with much of the float bought up. Recently, there have only been a couple MMs in the .08-.11 range, with all others at $2.00+. VERY THIN!
Share Structure
Shares Outstanding 57,971,650 a/o Dec 31, 2010
Float 2,822,500 a/o Dec 31, 2010
NO DILUTION In 4 years!
HLXH temporarily suspended filing audited financials and cut back on other expenses in order to survive the downturn in housing.
This resulted in them being able to be cash flow positive and report a small loss in 2010 in the midst of the worst conditions.
Now due to pent up demand and better housing conditions in the Hamptons they are positioned to explode. Just do some research on luxury housing in the Hamptons. Luxury Real estate in the Hamptons Up 300%.
HLXH has a history of profitability.
In 2005, HLXH did 8.4 mil in revs and had a net profit of 1.54 Mil or .03 eps.
In 2007, at the beginning of the downturn, they did 8.7 mil in revs with net profit of 616K or over .01 eps.
This was before HLXH became a founding member of the Green Alliance. The Hamptons Green Alliance (HGA) is an association of building and related-service professionals in the Hamptons on Long Island organized to promote green building and maintenance practices.
HLXH has set themselves up to take advantage of Local State and Federal "Green Building" Subsidies.
http://www.hamptonsgreenalliance.org/
Hamptons Luxury Homes and Telemark Achieve Second Consecutive Year of Carbon Neutrality
http://www.easywaystogogreen.com/green-architecture/press-release-hamptons-luxury-homes-carbon-offsetting-program/
Here is an example:
Hamptons Luxury Homes (HLXH.PK) today announced its subsidiary, Telemark Service and Maintenance, has been approved as a contractor to participate in the New York State Energy Research and Development Authority (NYSERDA) Home Performance with ENERGY STAR® Program. This follows Telemark’s meeting requirements to become a participating contractor for the 2011 Long Island Power Authority’s (LIPA) Home Performance with ENERGY STAR® Program last month.
http://ih.advfn.com/p.php?pid=nmona&article=48235778
AND this:
today announced that it has achieved Building Performance Institute (BPI) accreditation and is the first contractor in the Hamptons to achieve this accreditation.
http://ih.advfn.com/p.php?pid=nmona&article=47388066
Why is this important?
Because LIPA (Long Island Power Authority) began a 10-year, $924 million energy-efficiency program to provide incentives to residential and commercial customers to assist them in reducing energy usage.
This is just one example of the "Green Subsidies" in the Hamptons.
So what is HLXH worth?
A home builder and maintenance contractor that provides services to high end clients in the Hamptons where high end real estate is seeing a 300% boom. ZERO debt, no dilution and a 5 million dollar backlog when the year began and set up to take advantage of the "green subsidies".
A conservative valuation would be a market cap at 5X annual revs. Last years revs prior to the boom were 7.1 mil. That would earn a pps of 61.7 cents a share.
The float is drying up dramatically as we approach the release of the 2011 Annual Report, expected in March.
DAILY CHART:
HLXH has been under quiet accumulation and on the verge of breaking out with much of the float bought up. Recently, there have only been a couple MMs in the .08-.11 range, with all others at $2.00+. VERY THIN!
Share Structure
Shares Outstanding 57,971,650 a/o Dec 31, 2010
Float 2,822,500 a/o Dec 31, 2010
NO DILUTION In 4 years!
HLXH temporarily suspended filing audited financials and cut back on other expenses in order to survive the downturn in housing.
This resulted in them being able to be cash flow positive and report a small loss in 2010 in the midst of the worst conditions.
Now due to pent up demand and better housing conditions in the Hamptons they are positioned to explode. Just do some research on luxury housing in the Hamptons. Luxury Real estate in the Hamptons Up 300%.
HLXH has a history of profitability.
In 2005, HLXH did 8.4 mil in revs and had a net profit of 1.54 Mil or .03 eps.
In 2007, at the beginning of the downturn, they did 8.7 mil in revs with net profit of 616K or over .01 eps.
This was before HLXH became a founding member of the Green Alliance. The Hamptons Green Alliance (HGA) is an association of building and related-service professionals in the Hamptons on Long Island organized to promote green building and maintenance practices.
HLXH has set themselves up to take advantage of Local State and Federal "Green Building" Subsidies.
http://www.hamptonsgreenalliance.org/
Hamptons Luxury Homes and Telemark Achieve Second Consecutive Year of Carbon Neutrality
http://www.easywaystogogreen.com/green-architecture/press-release-hamptons-luxury-homes-carbon-offsetting-program/
Here is an example:
Hamptons Luxury Homes (HLXH.PK) today announced its subsidiary, Telemark Service and Maintenance, has been approved as a contractor to participate in the New York State Energy Research and Development Authority (NYSERDA) Home Performance with ENERGY STAR® Program. This follows Telemark’s meeting requirements to become a participating contractor for the 2011 Long Island Power Authority’s (LIPA) Home Performance with ENERGY STAR® Program last month.
http://ih.advfn.com/p.php?pid=nmona&article=48235778
AND this:
today announced that it has achieved Building Performance Institute (BPI) accreditation and is the first contractor in the Hamptons to achieve this accreditation.
http://ih.advfn.com/p.php?pid=nmona&article=47388066
Why is this important?
Because LIPA (Long Island Power Authority) began a 10-year, $924 million energy-efficiency program to provide incentives to residential and commercial customers to assist them in reducing energy usage.
This is just one example of the "Green Subsidies" in the Hamptons.
So what is HLXH worth?
A home builder and maintenance contractor that provides services to high end clients in the Hamptons where high end real estate is seeing a 300% boom. ZERO debt, no dilution and a 5 million dollar backlog when the year began and set up to take advantage of the "green subsidies".
A conservative valuation would be a market cap at 5X annual revs. Last years revs prior to the boom were 7.1 mil. That would earn a pps of 61.7 cents a share.
The float is drying up dramatically as we approach the release of the 2011 Annual Report, expected in March.
DAILY CHART:
My posts are my personal opinions and not recommendations to buy or sell securities. You are responsible for your own investment decisions.
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