Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Huntwicke Capital Group Inc HCGI

Huntwicke Capital Group, Inc. is engaged in the business of rental real estate, financial services, soccer revenues and Brewery. It acquires real estate in small markets to provide income streams and capital appreciation to its shareholders and has financial services businesses that manage financial portfolios and assets for a fee and clear private placement transactions for high-net-worth customers and institutional customers. It owns and manages a developmental soccer training program on the North Shore of Massachusetts and owns and manages the Ipswicha Ale Brewery and restaurant on the North Shore of Massachusetts. The Ipswich Ale Brewery offers a diverse menu with a mix of tastes ranging from brewpub to New American cuisine. Its subsidiaries include Essex Private Wealth Management; Huntwicke Securities; Butler Cabin, LLC; Grove Realty Partners, LLC; Aztec Soccer Inc.; Skillz Check Soccer Inc.; Ipswich Brewery Partners; Mercury Brewing, Boulder Canyon, LLC, and Huntwicke Properties.


OTCPK:HCGI - Post by User

Comment by JRaffleson Feb 04, 2017 1:52pm
224 Views
Post# 25799934

RE:I would think $20 is on the horizon

RE:I would think $20 is on the horizon
Agreed ......

when the Sep 2016 merger presentation report was issued, it gave Price /2017E Cash Flow for the following companies as follows:-

KL 6.1x
RIC 11.6x
Detour 9.4x

it seems quite plausible that KL could be re rated alongside RIC at 11.6x cash flow.  This would produce the $20 SP for KL.

However, the board's policy has been to promote development of the twin hi-grade macassa and fosterville mines and mothball the low marging mines.  This would produce a company with a very much reduced AISC and a high ounce producer.  This seemed to be an accretative prospect that was overlooked when the merger implications were being aired. 

There seems to be every likelihood that KL's metrics in 2017 will therefore boost SP growth prospects far beyond any of the comparative mines in the merger presentation. My guess / hope would be $25 sometime in 2017.



<< Previous
Bullboard Posts
Next >>