Message-ID: <796814.1075862089985.JavaMail.evans@thyme> Date: Tue, 20 Nov 2001 07:28:58 -0800 (PST) From: lsutaylor@hotmail.com To: e.taylor@enron.com Subject: Fwd: VHLD - Undervalued and Overlooked? UPZ Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: mike taylor X-To: Taylor, Michael E X-cc: X-bcc: X-Folder: \MTAYLOR5 (Non-Privileged)\Taylor, Michael E\Deleted Items X-Origin: Taylor-M X-FileName: MTAYLOR5 (Non-Privileged).pst >From: WizardAlert@excite.com >Reply-To: WizardAlerts14@excite.com >To: >Subject: VHLD - Undervalued and Overlooked? UPZ >Date: Tue, 20 Nov 2001 01:04:05 -1800 > >The Market Wizard's SPECIAL ALERT--November Edition > >****************************************************** > >MARKET WIZARD'S SPECIAL ALERT: >Vector Holdings,Inc >OTC BB: SYMBOL: VHLD >52 WEEK HIGH: $ 14.00 >52 WEEK LOW: $ 0.33 >SHARES OUTSTANDING: 9,500,000 >PUBLIC FLOAT: APPROX: 1,600,000 >SHORT TERM PRICE PROJ.: $3.64 >12 MONTH PRICE PROJ.: $10.41 > >****************************************************** > >Reasons to BUY VHLD: > >VHLD Just received $8.8 Million Dollar commitment for 1st hotel. > >VHLD is doing 1 million in revenues and anticipates closing on 9 Hotels in >South Beach, Fl. by year-end 2002, that will generate 100 Million in >Revenue, 25 Million in Profit, 200 Million in Assets > >VHLD looking to close 1st Hotel within 30 days > >VHLD will have solid assets in one of the most desirable real estate >locations in the world, South Beach, Florida > >Top notch management team, Richard Wildheim who ran Trump properties > >In talks with one of the most popular restaurants in the world for first >hotel property. > >Expand to Las Vegas and Arizona. > >One of the only distributors of gourmet food who distributes Iranian >caviar online, including other products of beluga caviar, oils, pasta, >meats, cheeses, etc. > >VHLD selling at bottom of trading range. > >Bestfoodonline.com does business with Disney, United Air, Marriot, Ocean >Reef and Turnberry Resorts. > >Once the completion of 1st hotel co w/ have solid RE assets & revenues. >development. > >VHLD should attract major shareholder value with tremendous upside >potential. > >VHLD with tremendous growth in assets in one of the most secure industries >in a volatile market REAL ESTATE. > >In a marketplace where co's continue to disappoint on earnings, VHLD is >positioned to grow at a massive rate with tremendous earnings and assets. >************************************************************** > >The Company > >Vector Holdings , Inc (OTC BB: VHLD) Vector Holdings, Inc., through its >subsidiary Bestfoodonline.com, distributes specialty food products to the >hospitality industry. The flagship website can be found at >www.bestfoodonline.com, where products may be purchased on a wholesale >basis to the hospitality industry worldwide. Clients of Vector Holdings/ >Best Food include Walt Disney, United Airlines, Ocean Reef Club, and >Turnberry Isle Resort and Country Club. > >The Company has carved out its niche within the management and hospitality >industry through management contracts with name hotel properties within >the South, Florida region. Vector Holdings' present strategy to maximize >shareholder value is to acquire "boutique" hotels located in South Beach, >Florida through its relationships and existing contracts. >**************************************************************** > >INVESTMENT OPPORTUNITY > >When you talk about real estate, you talk about LOCATION, LOCATION. When >you talk about Commercial Hotel real estate, you talk about LOCATION, >LOCATION and MANAGEMENT. VHLD appears to be on to something, VHLD's >present strategy to maximize shareholder value is to acquire "boutique" >hotels located in South Beach, Florida. > >For those Wizard subscribers who are not familiar with South Beach, >Florida market, let The Wizard try to describe. First, this area is home >to nearly 800 Art Deco buildings which were primarily constructed during >the 1920s, 30s and 40s. The South Beach area is comprised of small >"boutique" hotels, nightclubs, restaurants and lots of chic shopping >stores. South Beach is a unique area to Miami Beach, from 1st street to >12th street, including Ocean Drive, Collins Avenue, and Washington Avenue. >Miami Dade's hotel occupancy rates have lead the nation for the first five >months of 2001. South Beach is strategically located near Miami's >financial district and a very attractive destination to tourists from all >over the world.. > >VHLD's plan is to acquire existing "boutique" hotels in South Beach, FL., >that are currently operating and profitable. VHLD is simply taking >existing hotels and attempting to make them better, by partnering with an >experienced hotel management company that has a proven track record of >doing exactly what VHLD is looking to accomplish. > >To this extent, VHLD has retained Hospitality Advisory Group, Inc. (HAG), >which is led by Mr. Richard Wilhelm. Richard Wilhelm is a hotel management >professional, with over thirty years of experience in management of a >number of premier hotel and resort properties in the United States. These >properties include such landmark hotels as the Plaza Hotel, the St. Regis >and the Waldorf-Astoria in New York City; Trump Castle in Atlantic City; >and recently, the Island Outpost group of hotels in Miami Beach's popular >South Beach area. > >The core business of HAG is that of providing comprehensive hotel >management services to their clients, which is VHLD. Services typically >provided include the full spectrum of operational, financial, and >marketing management of hotel properties. HAG works in every appropriate >way to drive revenues. A key element in HAG?s management program is the >focus on a comprehensive, targeted sales and marketing effort to "put >heads in the bed. >************************************************************** > >VALUATION > >Some of the greatest corporations in America were created with a simple >concept. VHLD is currently under contract to acquire prime South Florida >hotel properties that on average are 70% occupied year round. By >partnering with a top-notch hotel management company, leveraging off their >expertise, hope to increase the annual occupancy rate to over 80% within 2 >years > >For example, HAG became the management company for the Tides Hotel in >South Beach, Fl. when it reopened after a major renovation. By the end of >the 1st year the Tides had an 88% occupancy rate. > >VHLD intends to acquire 9 hotels by the end of calendar year 2002 that >will be running at an annualized revenue rate in excess of $100 MILLION >DOLLARS. These 9 hotels assets will be in excess of $200 MILLION DOLLARS. >VHLD intends to close on 3 of the nine hotels by the end of this calendar >year (2001). These three hotels are estimated to generate $12.8 Million >Dollars in revenue's and Net Operating Income (NOI) of $2.5 Million >Dollars on assets of $28 Million Dollars in 2002. > >VHLD intends to close on their 1st hotel within 30 days. When achieved >this should become a significant milestone for VHLD as well as the stock. >The first hotel is called The Astor VHLD currently manages The Astor. The >Astor was originally built in 1936 and remodeled in 1995. VHLD is Buying >The Astor for $16 Million Dollars in a combination of cash and debt >(mortgage). > >In year 2000 The Astor generated about $5.5 Million in revenues and had >approx. $1 Million NOI. > >According to HAG, based upon their projections using their management >techniques, HAG projects The Astor?s revenues to rise to $7.2 Million and >NOI to $1.5 Million in 2002. > >In addition, HAG projects that in all hotel acquisitions by VHLD, a >portion of the profits in the 1st year under their management will be >reinvested back into the hotels for improvements. Thereafter HAG projects >NOI to approximate 25% of revenues. REMEMBER, VHLD is currently acquiring >only profitable hotels, and looking to make them more profitable. > >VHLD is currently trading near a 52 week low. VHLD has been working >quietly on achieving its goal of increasing shareholder value. There is >hardly any news on VHLD, and virtually no chat over on the Internet. The >Wizard believes this too might change shortly. The Wizard believes that >once VHLD closes on the Astor Hotel the story becomes a little bit more >believable. BUY ON THE RUMOR. >***************************************************************** > >CONCLUSION > >One way to value a company is to look at its peers in the industry. Within >this group companies currently trade at about a 50% discount to the S&P >500 index, which equates to about 14x earnings. Based on VHLD closing 3 >hotels by year-end, and using HAG's forecast for profits of $2.5 Million >or $0.26 cents per share. If VHLD were to trade in the market at 14x >earnings, then this would equate to a stock price of $3.64 per share. > >****************************************************************** > >DISCLAIMER > >Marketwizardalerts (MWA) publishes reports providing information on >selected companies that MWA believes has investment potential. MWA is not >a registered investment advisor or broker-dealer. This report is provided >as an information service only, and the statements and opinions in this >report should not be construed as an offer or solicitation to buy or sell >any security. MWA accepts no liability for any loss arising from an >investor's reliance on or use of this report. An investment in VHLD is >considered to be highly speculative and should not be considered unless a >person can afford a complete loss of investment. MWA has been hired by a >third party consultant, and is contracted to receive 100,000 free trading >shares of common stock for the publication and circulation of this report. >MWA intends to sell all or a portion of the of the VHLD stock at or about >the time of publication of this report. Subsequently MWA may buy or sell >shares of VHLD stock in the open market. This report contains >forward-looking statements, which involve risks, and uncertainties that >may cause actual results to differ materially from those set forth in the >forward-looking statements. For further details concerning these risks and >uncertainties, see the SEC filings of VHLD including the company's most >recent annual and quarterly reports > > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp