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Strategies & Market Trends : HomeLife: A Global Franchise Real Estate Company (HMLF) -- Ignore unavailable to you. Want to Upgrade?

To: macker who wrote (30)	7/25/1998 4:10:00 PM
From: EubieV	Respond to of 383

More HomeLife Facts: GROWTH ACQUISITIONS When I have the time I'll be posting some of the info I have regarding HomeLife. Here is a list of their aggressive moves to fulfill their goal of acquiring real estate companies, mortgage and home warranty companies, title companies and franchise expansion. At the same time the company wants to capitalize on joint ventures and strategic alliance opportunities. 5/96 Calif market penetration reaches 70 offices 8/96 Red Carpet, MI--Aquired 8/96 Guardian Home Warranty, MI--Acquired 1/97 National Real Estate Service, IL, IN, WI--Acquired 7/97 Network Realty and International Estates, CA--Acquired 11/97 HomeLife sells master Franchise rights to Germany 11/97 MaxAmerica Financial Mortgage Loan--Acquired 3/98 Builders Realty Ltd, Alberta Calgary--Acquired 7/98 Strategic Alliance with Western Pacific Investment Corp Announced 7/98 Strategic Alliance with Mortgage Capital Resource Announced Looking back at some past PR and newspaper articles from the Orange County Register reveals some ### March's acquisition of Builders Realty generates over $6 million in revenue. Annual revenues, back in 1996 for the August acquistion was $1.2 Million. Back in March of 1998, the company forecasted 100% growth in gross proceeds during the next twelve months. The Mortgage Capital Resource alliance will significantly add to their revenue base, as well as their net. I expect more to be coming down the pipeline soon. I'll post more later. Any other DD out there? Has anyone talked to the company or Magnum Financial Group? I'll try to post as much info as I have so that we don't bother them with questions that we already have the answers to. I'M TRYING TO VERIFY SOME EARNINGS NUMBERS THAT I HAVE, ONCE I DO--IT WILL BE VERY INTERESTING TO BEGIN EVALUATION OF THE BOOK VALUE AND STOCK PRICE :-) It looks real good to me, but I'll verify first before I speculate. I only deal with the facts!