HHI 0.00% 0.5¢ health house international limited

Probably between $1 and climbing to $2 in the short term as...

  1. 1,423 Posts.
    lightbulb Created with Sketch. 617
    Probably between $1 and climbing to $2 in the short term as sales and cannabis products market grows from $52 mill/annum to $2B/annum projected by 2030.
    Value is based on all info taken from prospectus , rough figures ok so : 115 mill shares went to Health House UK for the vend ( these shares won't see the light of day)
    Aprox. 25 mill shares to the rest
    Total roughly 140mill SOI @ 20c = $ 28mill MCSales so far ( combined UK & AUS ) again taken from prospectus = $800K/month so let's say $10 mill/year ( prospectus states these sales were based on November 2020 sales data & sales are increasing on monthly bases)
    $10mill/Y sales at a very low & moderate 10X PE ratio gives us $100mill MC = aprox. $1sp imo

    The 10X PE ratio is obviously very flexible and could be a lot higher, the market will determin that, Tesla has a 1700X PE ratio ( I'm not comparing us to Tesla but) this is the potential upside of any company with sales of a product in high demand.

    Pumped about this one.
    As always DYOR
 
watchlist Created with Sketch. Add HHI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.