TSXV:HRE.H - Post by User
Comment by
Simon_Bondon Jan 12, 2012 3:01pm
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Post# 19397699
RE: RE: PineApple
RE: RE: PineApple Pineapple,
Someone posted sometime back (I think it was on Yahoo Finance Board) that when HRE produces 1,500.00 MT per year, its earnings would be approx $4.00 per share (anyone can verify this?).
If true, than at 20 x P/E the SP would be $80.00!!!! (BK's hypothetical price target). However, guess what happens to the P/E when it becomes the "Hottest of Hot Stocks" ?
Every decade or so an opportunity like this comes up and we could be the lucky few in every generation to have stumbled onto the next great giant moneyspinner.
It could be more than a silly investor's dream. As I said, all the parts are beginning to fit.
Cheers,
Simon Bond