Hi-Tech is building Tomorrow's World Today. Welcome 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.
With the super successful BC Home show behind it, IHI has passed
the "prove it" stage.
International Hi-Tech industries is now almost ready for a "Ballard" (not a "Bre-X") stock move. While I have long forecast its eventual success, it is nice to see and sense it almost materialized. I remember back to the days when I was one of the first Apple dealers in NYC (when it was "Apple who?), and computer companies jumped from $1 million in sales to $100 million. With 29 factories now under contract, and factory production imminent this summer, DEJA VU!
Some points about the company such as being earthquake, fire and flood resistant sounded interesting. As my family's business has been construction restoration, I understood some, but not all, of the technical discussion. Dinner however, was excellent as promised.
Now to the Q & A Session. What peaked my interested was one question
from a Hampton's money manager. Something to the effect:
"I live in East Hampton, but have my country home in the Adirondacks (Upper New York State, bordering with Canada about 7 hours driving time.) I want to go there in my private plane in winter to go skiing. I would need to house it in a private hangar, but I am worried about the snow load in the winter. Can IHI construction handle heavy snows?"
Like all the answers Roger Rached gave to technical construction questions and building problems, ranging from hurricanes to termites, IHI's solution/answer was yes. We could handle that snow load and a lot more. But what REALLY peaked my interest was what Roger said next:
"Yes, we could build that hangar for you, but we won't. Even if
we reach our 10 year goal of building 100 factories, we will not be 1%
of the world's construction market. In the Middle East, we have a
saying: If you build a school, you don't have to build a prison.
We have to build schools, hospitals and churches ahead of your airplane hangar."
With my angular Neptune, making a fortune has never been my primary
goal - Helping the world is. As a financial astrologer, I can of
course, do both. What Roger said with real sincerity hooked me.
I then whispered to Roger that I wanted to talk to him privately and offered to drive him back to his hotel. In the car, I told him I wanted to help him succeed.
It is my hope and expectation to do so.
By the way, in going for the best deal at the time, my broker bought
IHI on the OTC rather than VSE, so the exchange rate differential is already
reflected in the price. I got in at $0.88/share which was about CAN$1.34
at the time.
HW: This can happen. It is my recomendation to direct buying for both market or limit orders as follows: "to the cheaper of the two exchanges: V.IHI or IHITF."
PART I: IHI
PART II: IHI FAQ
PART III: IHI HOROSCOPES
PART IV: IHI BCHG SHOW 99
PART V: LAST IHI POSTING
OUR FIRST IHI POST: IHI AND SRI
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.
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