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 : HIPC - up 20% (Record 4th quarter projected)
HIPC 1.120+2.8%Jun 5 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wade who wrote (168)5/24/1999 11:24:00 PM
From: Jerry Rush  Read Replies (1) of 213
 
Wade, your analysis is appreciated.
Trying to value this thing as a proportion of book value brings up some interesting data:
In 1994, it traded at 2.35% of book.
Indeed, in all recent years except 1998, it has been above 1x Book.
...1993....... 1.99 x Book.
...1994....... 2.35 "
...1995....... 2.17 "
...1996....... 1.15 "
...1997....... 1.19 "
...1998....... 0.80 "

That's a historical P/BV of 1.60.
Which would equal $5.32.
Not sure we will get there in the current environment, but its a reasonable expectation over time.

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