THE IHI STORY PART V
Hi-Tech is building Tomorrow's World Today.
to the 21st century.
It is no secret that IHI is one of my favorite long term investing themes.
Currently an aggressive, high risk, high reward investment, nonetheless,
I strongly believe that this will be one stellar company. In this
section, I have put together a number of previous and current IHI postings.
Latest IHI Story
I have spoken many times of numerous benefits of IHI housing and how
the concept of expandable and transportable housing will change the industry
forever for the better. Sitting in an IHI home is LIVING in the 21st
century. The overwhelming benefits are many from Florida homes that
are hurricane proof (withstands 300+ mile winds) to termite proof Hawaiian
villas. In California, the ability withstand earthquakes will be
important in Los Angeles, while Woodland Hills home owners will appreciate
its fire resistance (800degrees+F more than 2 hours).
But now in Beverly Hills, where divorces are common and marriages are
pre-arranged, some pre nuptials will include not WHO gets the house, but
rather who gets which rooms!!
Divorce lawyers make notes -[True Story: I overheard a woman visitor,
saying if she gets divorced, " I want the kitchen and one bedroom, he can
have the basement."].
AFUND Revised EPS Projections for IHI
Based on $20 million per production line and each factory is expected
to have at least 3 lines = $1 per share. This presumes two shifts
and IHI receiving 51% of the profits. Assuming the Delta factory begins
production by Fall 1999, and 3 factories are finished in 2000 and 5 more
in 2001 and 8 more in 2002 and 2003, I estimate their probable EPS as follows:
Note: Should IHI sell its product at slight discount to its competition
and not at strong discount - currently there is such strong demand due
to superior product quality and speed of construction, these numbers could
be higher. Also, some factories may operate more than 20 days a month.
Further more income can be expected from up to 75 more co-venture partners
as 100 factories are planned within 10 years. Such production capacity
would be equal to slightly less than 1% of the world market.
1999 $ 0.05
2000 $ 1.55+ [includes one time license fees from 25
2001 $ 3.50+
2002 $ 7.00+
IHI's 5 year business plan is to build a total of 25 factories by 2004.
Our internal price projections for IHI were raised in February 99 from
a five year possible target of $100 to $250. To compare, a
stock like AOL in a comparable time period sold for over $3500, while stocks
like Dell or Yahoo reached much greater heights in less time. We
find IHI's story equally compelling.
Assumptions include IHI continuing to progress forward without undue
delay as outlined in its latest business plan. Astrologically this
is possible. Time will tell if this remains just an astrological
probability, or whether the Bermuda chart potential is materially manifest
as I both hope and expect.
Nonetheless, it is easy to see why I continue to keep my wine cellar
ready to be stocked with champagne presents from clients and friends when
IHI stock reaches $30.
1. As of February 15, 1999 IHI had only 500 declared shorts,
a reduction of 19500 from the previous week. I believe by last Friday,
all of those remaining 500 shares were out of the market.
2. On Friday February 19, IHI broke out from major resistance
at $1.20 on massive volume.
3. On Monday February 22, IHI broke all time volume records giving
4. Our current view is that IHI will trade between $2 to $3CD
(2 $US) in the next time period.
As of February 22rd, we issued yet another BUY for V.IHI, [OTC
For traders under $1.50CD ($1US) Target $2.25-$3($1.50-$2US);
For intermediate term investors under $2CD ($1.35US); Target $5
For long term investors, under $3.00CD ($2US); Target $30+.
Next month we will post our latest astrological forecasts for the company
and further astro-technical projections for IHI stock.
IHI STOCK QUOTE
IHI DAY AUGUST 15, 1999 VANCOUVER, B.C. CANADA
We are making vacation plans to visit IHI HQ and factory in the beautiful
city of Vancouver, BC this August. Western Canada is so cheap with their
"dollarette" currently under 67 cents US. The city is beautiful and
the people are very friendly.
Mark IHI day: August 15, 1999 for their general shareholder
meeting, Delta factory visit and party.
See you there? My price projection for IHI then? MUCH higher
than today? YES!!
PART I: IHI
PART II: IHI
PART III: IHI
PART IV: IHI
BCHG SHOW 99
OUR FIRST IHI POST: IHI
The Astrologers Fund Inc., its director, employees and its clients maintain
large positions in this stock. In addition, International Hi-Tech
Industries is a major sponsor of our web site. While we usually do
not actively trade IHI stock as it is a long term hold for us, it is of
obvious benefit to us when others buy IHI stock. Always do your own
research and check with your licensed financial advisor or broker before
buying or selling on the recommendations of the Astrologers Fund, Inc.