The company distributes plumbing and electrical supplies,,
power and hand tools, paint and paint sundries, lawn and garden
equipment, and other hardware and building material products. The
company distributes over 38,000 products out of its 500k sq ft plant
in Alabama located on 30 acres of land located in Pelham ,
Alabama.
When you realize that this recovery could cost $200 billion
it will benefit MHCO.pk for many years and could grow revenues by
200-400% during the clean-up and recovery phase of the 3 gulf states
affected by this disaster
Jan 13 2006 CORPORATE INFO:
WEBSITE:
www.moorehandley.com
listed-pinksheets--reports
quarterly
shares outstanding--1.6 million or
so
Management controls around 80%+
public float around
-300k
employees- around 400
book value - around $8.70
rev for year 04--$163 million and net of .62
rev for
9 months just ending-$134 million and net of .46
BEFORE KATRINA MHCO.PK WAS AN EXTREMELY CHEAP AND
UNDERVALUED, UNDER FOLLOWED AND UNKNOWN, BUT BECAUSE OF THE MASSIVE
DESTRUCTION CAUSED BY THE MOST COSTLY EVENT IN US HISTORY- IT IS IN
OUR OPINION THAT MHCO.PK HAS THE POTENTIAL TO 2 TO 3X ITS BIZ FOR
MANY YEARS TO COME BECAUSE OF THE REBUILDING OF THE AFFECTED
AREA!
FOR THE 9 MONTHS ENDING SEPT 30TH 2005 REV EQUALED $134
MILLION AND NET .46/SH FULLY DILUTED ( BASED UPON 1.6 MILLION FULLY
DILUTED). THE STATED BK IS $8.36 ( DOESN'T INCLUDE THE HIDDEN VALUE
OF THE LAND THAT IS WORTH AROUND $3 MILLION OR AN ADDITIONAL
$1.87/SH IN BK.)
WHEN YOU CONSIDER THE MASSIVE AMOUNT OF
PRODUCTS THAT WILL BE NEEDED IN ORDER TO REBUILD AND REPAIR THESE
DEVASTATED AREAS FOR MANY YEARS TO COME AND THE FACT THAT MHCO.PK
HAS THE PERFECT PRESENCE IN THIS AREA- IT IS HARD TO BELIEVE THAT
MHCO.PK SALES WILL NOT BALLOON DURING THE NEXT FEW QUARTERS AND
BEYOND AS DEMAND FOR BUILDING PRODUCTS INCREASES LIKE A "CATEGORY 5
STORM"!
WE ASSUME FOR THE YEAR ENDING 05 REV WILL REACH AT
LEAST $185 MILLION AND NET OVER .75/SH --PRETTY CHEAP FOR A $7
NUMBER! REV FOR 06 IN OUR OPINION CAN EASILY DOUBLE OR TRIPLE &
EARNINGS COULD EASILY ZOOM ABOVE THE $1.50 EST. !! OUR #'S MIGHT BE
TOO LOW!
WITH DEMAND SO HIGH--WE ASSUME THAT DISCOUNTS WILL
DISAPPEAR AND PRODUCT PRICING WILL STRENGTHEN RESULTING IN EXTRA
HUGE PROFITS FOR MHCO.PK!
IN OUR OPINION, MHCO.PK IS TASTY
BUYOUT CANDIDATE BY A MAJOR HOME DEPOT TYPE CHAIN! IT JUST FIT AND
HAS THE PERFECT AREA COVERAGE FOR GROWTH AND EXPANSION! WE ALSO
BELIEVE THAT A DIVIDEND POLICY COULD ALSO BE FORMULATED BY THE
CURRENT MANAGEMENT IN ORDER TO REWARD SHAREHOLDERS!
IF
MHCO.PK CAN EARN $1.50/SH FOR 06 AND WE ASSIGN A CONSERVATIVE PE OF
15X THEN WE CALCULATE A $22.50 SHARE PRICE! A HUGE APPRECIATION
POTENTIAL FROM CURRENT FIRE SALE PRICES. THE CURRENT SHARE PRICE IS
17% BELOW STATED BK AND BASED UPON REV EST. OF $185 MILLION MHCO.PK
SPORTS A TINY PSR OF .06 WITH A 05 & 06 PE EST. OF 9.3X &
4.6X!
MHCO.PK SHOULD BE PURCHASED @ CURRENT LEVELS AND HELD FOR 12
MONTHS! IF OUR VIEW BECOMES REALITY THEN YOU HAVE A 200% GAIN WITH
VERY LIMITED RISK!
FINALLY, MHCO.PK IS THE CHEAPEST AND MOST PROMISING
UNDERVALUED OPP. THAT YOU WILL FIND ANYWHERE FOR .06! THIS
INVESTMENT OPP. IS TRULY A DIAMOND IN THE DEBRIS LEFT BEHIND BY
HURRICANE KATRINA. THE RECOVERY EFFORT WILL LAST FOR YEARS AND THIS
INVESTMENT IS THE PERFECT PLAY RESULTING FROM THE PERFECT
STORM!
Don't
make the mistake by not taking a position in the opportunity because
you do not like the exchange that it currently trades. This is a
real company that is over 100 years old with extremely seasoned
management!
SPECIAL NOTE: ON JAN 10, 2006 HD BUYS HUG FOR $
3.5 BILLION--THE CMPY DISTRIBUTES CONSTRUCTION, REPAIR &
MAINTENANCE PRODUCTS. HAS SOME MAJOR LIKENESSES TO MHCO-- HD IS
PAYING TWICE BOOK AND AROUND.65 OF SALES (PSR). REMEMBER MHCO IS
TRADING AROUND 20% BELOW BOOK AND HAS A PSR OF ONLY
.06!!
JUST ANOTHER INDICATION OF HOW CHEAP OUR
SITUATION IS AND THAT IT COULD EASILY BE A TAKEOVER CANDIDATE @ MUCH
HIGH PRICES!!!
http://www.moorehandley.com
recommendation #2 AFRICAN PLATINUM (AFRPF.PK - OR APP on the
LONDON EXCHANGE) THE CURRENT PRICE IS AROUND US.44
WE HAVE NEVER REALLY BEEN A METALS BUG, BUT IN OUR OPINION
YOU SHOULD OWN A SMALL AMOUNT OF SHARES IN THIS POTENTIAL 10 BAGGER!
PLEASE VISIT THEIR WEBSITE AND REVIEW IN DETAIL EVERY ASPECT OF THE
SITE! THEN GO TO DUTTON ASSOCIATES AND REVIEW THEIR RESEARCH REPORTS
ON AFRICAN PLATINUM! YOU WILL BE SOLD!! MANAGEMENT IS STELLAR, HUGE
PARTICIPATION BY MAJOR BROKERAGE FIRMS AROUND THE WORLD HAVE TAKEN A
PIECE OF THE ACTION IN AFRPF.PK!
WHEN YOU CONSIDER THAT
AFRPF.PK IS SITUATED IN THE RICHEST PLATINUM DEPOSIT IN THE WORLD(
THE BUSHVELD COMPLEX) WITH 50 MILLION OUNCES AND 70 MILLION POSSIBLE
OUNCES.
THIS SITUATION IS A LONG TERM PLAY FOR MAX RETURN! IT
WILL TAKE ANOTHER 4 YEARS BEFORE THE METALS WILL ACTUALLY BE
RECOVERED, BUT BEFORE THIS EVER HAPPENS OUR AFRPF.PK WILL BEGIN TO
APPRECIATE. BECAUSE OF A SMALL INCREASE IN SHARES OUTSTANDING AND A
SMALL REDUCTION IN RESERVES THE STOCK TRADES NEAR ITS 52 WK LOW
RANGE! WE ARE NOT BOTHERED BY THIS AND ACTUALLY HAVE DOUBLED UP OUR
PRELIM. POSITION SIZE.
IT IS POSSIBLE THAT EVEN BEFORE
PRODUCTION BEGINS THAT THIS COMPANY MIGHT BE SOLD! LOTS OF
POSSIBILITIES--BUT IF YOU DO NOT PLAY YOU CAN NOT GET
REWARDED!
WE INTEND TO MONITOR A POSITION OF AFRPF.PK IN OUR
MODEL PORTFOLIO FOR % GAIN PERFORMANCE.
Calvalley Petroleum ( Toronto exchange- cvi.a) CURRENT PRICE
AROUND CD$ 4.50
THIS CMPY IS A GREAT OIL AND GAS SPECULATION LOCATED IN YEMEN
LOCATED IN THE MIDDLE EAST! PRODUCTION HAS JUST COMMENCED AND
ACCORDING TO MANAGEMENT- PRODUCTION SHOULD REACH 12,000-15,000
BARRELS/DAY BY THE END OF 06 TO EARLY 07.. THIS NUMBER EQUALS THEIR
50% INTEREST IN BLOCK 9..THE QUALITY OF THEIR OIL IS SUPER ''SWEET"
--LIMITED PROCESSING! CURRENTLY TRUCKING THE CRUDE, THIS WILL CHANGE
DURING THE FIRST 1/2 OF 06 WHEN A PIPE LINE WILL BE CONSTRUCTED.
ACCORDING TO MANAGEMENT CASH FLOW/SH WOULD EQUAL $1.20 @ THE END OF
06 BASED UPON $45 OIL..AS YOU KNOW OIL TRADES @ $60 /BARREL --THIS
RESULTS IN A EST. CASH FLOW/SH OF AROUND $1.60! IF WE ASSIGN A CF/SH
VALUATION OF 7X THEN A SHARE PRICE OF $11.20 RESULTS-- OVER A 100%
MOVE FROM CURRENT LEVELS.
VISIT THE WEBSITE AND REVIEW THE
JUNE 05 SLIDE AND QUESTION AND ANSWER CONFERENCE- YOU WILL BE
IMPRESSED! YOU MUST OWN OIL AND GAS OPPORTUNITIES--PROBLEM IS THAT
THE BIG BETS ARE LOCATED IN RISKIER PLAYGROUNDS--WE LIKE THE GAME
AND CAN HANDLE THE RISK!
WE CURRENTLY HOLD POSITIONS IN ALL THREE MENTIONED INVESTMENT
OPPS. OUR PHONE SERVICE INVESTORS WERE NOTIFIED TO PURCHASE THESE
INVESTMENTS ON JAN 6TH & JAN 9TH 2006.
WE MAY
BUY, SELL AND OR HOLD ANY OF THE LISTED INVESTMENTS @ OUR OWN
DISCRETION. WE HAVE NOT BEEN PAID BY ANY OF THE LISTED INVESTMENTS.
WE OWN @ PRESENT 9K MHCO.PK, 20K AFRICAN PLAT AND 2K
CVI.A.
PHONE SERVICE INVESTORS ARE INFORMED FIRST- COST $750
PER YEAR!! WE CALL YOU!! FOR MORE INFORMATION CALL 801-272-4761--GET
IN BEFORE THE HERD--
