Hi Towie, nice to know there is more than one shareholder on HC. I think the report is due out at the end of the month - based on last year.
I expect we will see the stock trading on a PE ratio of less than 4.
It will be interesting to see if the market boosts the stock then - it would be difficult for an institution to move in given the lack of depth on the sell side. This might mean we move sideways a bit.
On the other hand I wonder if management might decide that its not worth having shareholders and buy it back. It would be cheap to do at the moment and if they deliver a good report they could raise the finance.
I'm still buying modest amounts, its just good value. I will sell when it gets back to a PE of 8 or 9 and reckon if that happens I will have doubled my money (or more).
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