RE: HRE is 1.0, a strong buy -- Interesting post, thanks
I copied out the table with Stans
Point number one is that Stans is the only company with a 1.0 rating within its peer group
Point number two is the EPS (earnings per share) predictions this guy is making
Really interesting, he is already assuming a surplus in 2014, namely $0.09 per share which makes a total profit of about $14m for 2014
In 2015 his forecast is $0.31 per share, in total about $48.5m profit
So if you conclude his forecast and assume a moderate 10 for the P/E ratio in 2014, makes a share price of 90 cents for 2014
If you take a ratio of 12 for 2015 (the P/E ratio should increase along with the revenue), this makes a share price of $3.72 for 2015
so of course that's just pure speculation but IMO the numbers are not that far-fetched
