Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Henley Group, Inc. (HNLY) undervalued growth company -- Ignore unavailable to you. Want to Upgrade?

To: purecntry5 who wrote (32)	2/21/1998 7:31:00 PM
From: VBH	Read Replies (2) \| Respond to of 2232

All: Anyone wanna give me a 911 scoop on HNLY....read all the posts and obviously this looks very VERY appealing....BUT?? What is the biggest con? How many shares are held on the inside? Who is their main competition??? THANKS....

To: purecntry5 who wrote (32)	2/22/1998 3:39:00 AM
From: lizard lick	Respond to of 2232

hello, surprise surprise, i started this thread awhile ago and finally you people are showing up, welcome, originally i forgot to put the ticker symbol in the thread so it was difficult to find unless you put in the henley group inc. on a subject search, i finally had si embed the ticker on the page so now its easily accessible. I was reading some of the posts tonight and am happy that people are finally catching on to hnly, i might add that the information i used to compose the thread description was taken from an older business summary of hnly, thats why the float was of old reference, float is around 2.9 mil. I spoke with ceo last week before most of the ho hum started to get a feel for what the current status is, being that i was invested for awhile and hitting a 52wk low, and i can tell you he informed me he fully expects the stock price to continue to climb from here , he stated that with their current growth rates and their holdings stock should in normal circumstances be trading well over a dollar already and contributed the depressed price to most of what has already been mentioned before on this thread some shorting that had been done in the past year, some of which has been removed. If you notice you will not find market maker (spin) on this stock anymore, that group was part of the problem, when they left the stock in the last month you could see some serious spikes on the stock price as their illegal shorting was uncovered and they got the heat from the company via sec pressure. There is still yet a few short positions to cover i imagine which is another positive for the momentum that is now in place ,if not the catalyst. Lol, im sure they gulped on friday at the volume coming in. Ceo also mentioned that press coverage had been slow in dissemination however that has been changing very quickly judging by the calls the company is getting from brokers and analysts, and prospective investors and speculators. He also added that several entities are now bullish and interested in buying into hnly vigorously ,one of which is a mm, mhmy, which as of this week has become very aggressive in accumulating inventory,He also mentioned other brokers/mm's are now very positive on hnly. In regards to their business, 98 is going to be the year that hnly comes together in the eye of the public, that they are in a hot industry with a good corporate structure in place that will in addition be expanding very soon. I imagine as Feb and March proceed you will see enough press from the company to substantiate the above said. In addition i think i might have mentioned this before, but earlier in the past months i believe some investors were confused about the status of the magra acquisition due to hnly's old press statement titled "hnly acquires" which was followed up much later by further press titled "soon to be acquired magra." On that first release it was an unfortunate selection of words in the title but if you read that actual body of the press release beyond the title it clearly stated the acquisition was ongoing at the time. Im sure that lost a few investors temporarily. What that meant was that they had acquired a majority stake 64% approx but that due to disparities in US and Canadian tax law, dont ask i dont know the specifics, the acquisition had to be completed in two phases. Well to bring you up to date it is completed and i imagine part of febuary's update by the company will be mentioning that along with Magras numbers and Hnly's financials. I also understand that they have some european related activity to announce that is going to add some more heavy weight to hnly's portfolio. On a final side note if you need to research magra i believe that you can find a little info such as Magra's company number and stock quotes by doing a internet search on magra and canadian quotes> Magra is traded on the canadian dealer network market and is up around a buck. I also noticed that besides the recent liscensee agreement on midsystem technology out of the UK magra also has a distribution liscensee with warp 10 technologies, warpf, for their warp system accelerator. sorry for grammar mistakes and superfulous info but thought i would add what i know up to this date. I also hope to visit hnly's headquarters in miami in the near future on my way to check out the folks at road house grill operations down in fort lauderdale, When i return ill post any pertinent info i find, till then good luck and happy hnly and congrats. Hopefully traders will be out of stock eventually so this thing can resume a nice trend upward but hey if they want to go ahead and push it quickly up to a buck no problem here , the company deserves it.

To: purecntry5 who wrote (32)	2/22/1998 1:54:00 PM
From: Andrew H	Read Replies (3) \| Respond to of 2232

>>Theres no doubt what has held it down for the past months has been the this million shares hanging over there head since the average volume is only ~50,000/day. << There is always doubt with BB stocks. >>I notice the book value is listed at $2.28 a share also. Now if that is just anywhere NEAR correct, HNLY is grossly undervalued and would expect the share price to ascend to a value much nearer to $2.28.<< This is the book value as suggested by the company. Any independent sources to verify. Remember, so far we have only the company's and the PR firms word for all this info. >>ALSO, Notice the comment about early 1998 Nasdaq listing: My guess is this: HNLY expects (and righty so) to trade above their book value once they show some good numbers/start reporting/and basically show some future promise. With the much inproved share price they can meet the minimum bid requirements to get a full Nasdaq listing. << Perhaps, but a lot of companies make comments about getting a Nasdaq listing and nothing ever comes of it. Still, company does look interesting. But the hype on this board is pretty heavy.