SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : BLHG, Fast Track Growth in China

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dantex2 who wrote (3618)6/17/1999 3:54:00 PM
From: Pendretti  Read Replies (1) of 4080
 
Hi all, the stock is heading down further. I read the news of the acquisition. If they value 500.000 shares over the net assets of USD 500.000 the shares are valued at $ 1 in assets. When they make USD 100.000 net in a year, the PE of those 500.000 shares is only 5, not that much.

So, this could mean the stock is fairly priced at the moment or maybe even cheap.

I received recently only the may issue of Bloomberg. I will wait another month to find out more about the Niphix system. Again, my hopes are not that high. I think trading will concentrate on the existing boards and will not go to this new board because of the lack of transparancy, but I could be wrong.

Does anyone know what that SEC filing means they talked about in the last press release? Does this mean they will stay on the OTC BB board? Thanks and good luck, I keep following this stock and maybe I will buy in again soon.

Rene.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext