going cheap for 100 percent gain in two months

Bought more HZL yesterday for 35 cents.

31M shares on issue. In April (see ASX announcement) forecast NPAT for 2007 of $1.6M to $2.0M.

That is EPS if 5 to 6.5 cents.

Will pay a good dividend also.

On a PE ratio of 12, we have share price of 60 to 75 cents come August 2007.

NOTE: WARNING: these health companies like GAA, LIP, etc, are notoriously dishonest and do not meet their short term forecasts. BUY AT YOUR OWN RISK BUT I CANNOT SEE A LOSS AT 40 cents.

Saying that, HZL just had some new managers appointed and have a strong balance sheet.