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 : NRPI at a new low but company is making money. -- Ignore unavailable to you. Want to Upgrade?

To: StandFast who wrote (143)	8/14/1998 4:27:00 PM
From: JOE TURMAINE	Respond to of 656

StandFast, lonely?? Except for the past couple of days I've felt like the Maytag repairman of SI here on the NRPI thread. The upward movement continues. NATL REHAB PPTYS 08/14/98 16:19:50 Symbol NRPI Last 161/256 Change + 3/64 Bid 39/64 Ask 91/128 Bidsize 25 Asksize 25 High 23/32 Low 77/128 Volume 158900 JOE

To: StandFast who wrote (143)	8/14/1998 5:44:00 PM
From: myturn	Read Replies (1) \| Respond to of 656

Standfast, this news release today is just the tip of the iceberg that is going to happen over the next couple of days/weeks. There are major publications that are going to continue to cover NRPI over the coming weeks. I, personally don't see any weaknes in the price in NRPI for weeks to come. This new financing deal will be turning a lot of heads in the industry. Mr. Astrom will be receiving numerous inquiries on the financing. NRPI is a very solid company, establishing connections and building relationships that will carry it onto the next level. I really like what I see and here from Mr. Astrom. I got to go now. I will be adding something from the Dallas Morning news I read the other day.

To: StandFast who wrote (143)	8/16/1998 3:27:00 PM
From: JOE TURMAINE	Read Replies (1) \| Respond to of 656

StandFast, even more from S4T to start your week off right!! >>NATIONAL REHAB PROPERTY (NRPI) $.71 + $.10 on 158,900 shares. We got the breakout on big volume that we were looking for, as NRPI announced that they received a Loan Commitment from Realty Money Center of $2,500,000 for the rehabing of properties in New Orleans. This financing will allow NRPI to buy, rehab and sell up to 50 homes at a time instead of the 5-10 homes they had been doing. That will be key for the Company reaching their goal of 100% growth over the next three years. The sales targets are 100 homes over the next 12 months, 200 homes in the second year and 400 in the third year. Earnings during this period of rapid expansion should grow from $.10 to $.20 in the second year and $.40 in the third year. There are over 35,000 homes that the City of New Orleans would like to see rehabbed. Home ownership across the U.S. averages 70%. In New Orleans the average is under 30%, so there is a large untapped market. NRPI can provide a family with a fully rehabbed home for nearly the same monthly payment as they would have paid in rent for the same home before it was rehabbed. NRPI has had requests from many cities and civic groups to bring their system of buy, rehab, sell and finance homes in urban areas. Atlanta, GA will be next city that NRPI adds to its operations as management has people there now locating homes and additional finacing sources. Atlanta is a great market for affordable housing and there is a large supply of homes to rehab. The Company has targeted ten additional cities to expand into over the next 2-3 years. The lenders in each of the cities have expressed interest in providing contruction and permanent finacing for any amount of homes that NRPI can rehab. Cities are eager to work with NRPI to upgrade properties, which will increase the tax base and also to improve entire neighborhoods. When a sizeable rehab project is started, it usually spreads throught the neighborhood. That is the original goal of urban renewal. The lenders want to work with NRPI, because of not only the volume of mortgages they can originate, but there is a great deal of positive public relations they can benefit from and in certain areas investment tax credits can be very lucrative. The stock should trade much higher and will have a major breakout trading above the old high of $.88 into the $1.50+ area in the short term. A stock with a 100% growth rate, should be trading with a PE of at least 20. That would give NRPI a target price of $2.00+ and that price could be reached a lot sooner than you would think. The stock traded as high as $2.38 when they had no earnings and were only rehabbing houses 1 or 2 at a time. If NRPI sells more than 100 homes in the next 12 months, we will be raising our estimates. With additional mortgage lenders now approaching NRPI, they could step up the pace on their expansion plans. There are other newsletter writers who have contacted me recently stating that they have been watching NRPI and would start to cover the stock once the financing was in place. We can look for that to start later this month. The stock should be at higher prices by the time those recommendations come out. We also expect Market Pulse to deliver 100,000 copies of their magazine to their readers starting this weekend. That should add additional demand for the stock. I think that over the next week the perception of NRPI will change greatly and a large number of new investors will be focusing on the Company. With the small float in NRPI, we could see a rapid move up in price.<< JOE