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Gold/Mining/Energy : International Hi-Tech (IHI) -- Ignore unavailable to you. Want to Upgrade?


To: Ronald P. Margraf Sr. who wrote (445)7/20/2001 10:34:00 AM
From: Raja  Respond to of 461
 
Hi Ronald..I'm keeping the faith very much! Lots of things about to happen....hopefully this time they WILL happen!
;-))
Check out the raging bull site for lots of info..
ragingbull.lycos.com

QUOTE:

There is an open question on how profitable IHI factories will be. Several Joint-Venture partners believe they will earn back their $10-$12 Million investment in less than one year, while the rest believe it will be in under 2 years!

Company figures are the most conservative and suggest only a 20% gross profit operating margin. However, I believe $6 square foot or more gross profit is easily obtainable. Then is "a full production line" 40,000 or 45,000 square feet? I don't believe IHI factories will be operating only 250 days in most countries, etc.

My following numbers are somewhat aggressive, but if you prefer to be conservative, discount them 25%-50%.
What will be the market's P/E reward? 10? 20? 30 or more?
To believe less than 20, given its potential McDonalds-like franchise growth seems unlikely.

Based on $20 million per production line and each factory is expected to have at least 3 lines = $1 per share. This presumes two shifts and IHI receiving 51% of the profits. Assuming the Delta factory begins FULL production by December 2001, and at least 2 factories are finished in 2002 and 5 more in 2003 and 8 more in 2004 and 2005, I estimate their probable EPS as follows:

2002 $ 0.43 [includes one time license fees from 20 coventure partners]
2003 $ 2.16 [includes one time license fees from 20 more projected coventure partners]
2004 $ 7.00+ [includes one time license fees from 20 more projected coventure partners]
2005 $11.00+
2006 $18.00+
2007 $25.00+
2008 $35.00+

Potential earning upgrades due to:

Many factories may operate more than 20 days a month on two shifts.
More income can be expected from up to 65 more co-venture partners as 100 factories are planned within 10 years. Such production capacity would be equal to slightly less than 1% of the world market.
Factories could be built and put into production at a faster rate.

Potential earning downgrades due to:

If IHI should sell its product at strong discount - currently the plan is to offer only a slight discount as there is such strong demand due to vastly superior product quality and speed of construction.
Future private placement financing that involves further share dilution.

IHI's 5 year business plan is to build a total of 25 factories by 2006.
Our internal price projections for IHI are for a five year possible target of $100 to $250. To compare, stocks like AOL or Microsoft in a comparable time period sold for over $3500; while stocks like Dell or Yahoo reached much greater heights in less time. We find IHI's story equally, if not more compelling.

afund.com



To: Ronald P. Margraf Sr. who wrote (445)7/27/2001 11:19:51 AM
From: Raja  Read Replies (2) | Respond to of 461
 
Thu Jul 26, 2001
IHI ANNOUNCES FOUR NEW JOINT VENTURE PARTNERSHIPS AND RECEIVES PRIVATE PLACEMENT

--------------------------------------------------------------------------------

Company well financed to launch commercial production in December 2001 as planned

Vancouver, British Columbia (July 26, 2001, 1 a.m. Pacific Time) -- International Hi-Tech Industries Inc. (IHI) (CDNX:IHI; OTC BB:IHITF) today announced that its majority-owned subsidiary IHI International Holdings Ltd. has received USD$500,000 in initial licence payments for the development of its revolutionary building design and manufacturing system in six Middle Eastern countries.

International Trade Circle SARL, one of IHI's existing joint venture partners, has purchased licences to construct factories and employ IHI's patented technology in the Kingdom of Saudi Arabia, State of Kuwait, Hashemite Kingdom of Jordan, Lebanon, Syria, and Sudan.

Together with the licences bought by International Trade Circle in 1997 for Egypt, the State of Bahrain, Sultanate of Oman, State of Qatar and the United Arab Emirates, these agreements represent a total of seven joint venture partnerships in the region.

"The Middle East is a key market for IHI and our partnerships with International Trade Circle are a milestone in the development of our company," said Roger Rached, president of IHI.

In addition to the initial licence payment, IHI also received a further equity investment from International Trade Circle of CDN$1.55 million.

The Company has also received CDN$720,000 in cash, as per a private placement previously announced on June 21, 2001.

"With these funds, IHI will complete the final equipment purchases necessary for our Delta, B.C. factory to start accepting orders by October and to ramp up commercial production in December 2001, as planned," said Mr. Rached. "We expect that our 40 joint venture partnerships, with leading architects and property developers in North America and around the world, will begin contributing significant revenue in the first half of 2002. We are confident that IHI's unique technology and value proposition are compelling and well position us to capitalize on the large and growing demand worldwide for alternative building technology solutions."

International Hi-Tech Industries Inc. is a company whose principal business is the development and commercialization of a new building system in Canada, and internationally through its subsidiary, IHI-International Holdings Ltd.

ON BEHALF OF THE BOARD OF DIRECTORS
"Roger A. Rached"
__________________________
ROGER A. RACHED, PRESIDENT
* * * * * * * *

THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information, please contact:

Roger A. Rached, President
Telephone: 604-733-5400
Email: info@ihi.ca

For further information please contact:
The Company's Head Office: 1-800-838-8090
Or The Barnes Organization: 416-367-5000
E-Mail: info@ihi.ca
Web site: ihi.ca