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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: Findit who wrote (65069)7/3/2007 12:57:46 PM
From: rrufff   of 120411
 
SEHO - back to .08. May be worth reading the filing today and the last PR. It's a gamble and they are restructuring. They have several technologies, including the govt lab explosive detection, but no funds to push and compete. So it looks like they are acquiring a Chinese entity that does not look overly exciting but has revenues that they say are in the $30 million range with net profits appropriate. If so, then the numbers could support a much higher price even before the development of the techs.

They are in the 75 million share range. If you say they go up to 100 million over the next year, $30 million in revenues with perhaps net of $1.5 million supports .30 at 1 x revenues and PE of 20. Obviously, those are WAG numbers and they don't figture in the techs which could be the big payoff.

But, caveat, extremely high risk and the share count is going up with the acquisition.
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