Karora Resources Inc T.KRR

Tesla vs Karora, one is over 800 times better value

[Geodan2]

Tesla Vs Karora?        Karora: Record Earnings: Net earnings of $42.9 million for the fourth quarter of 2020 and $88.1 million for the full year 2020. Net earnings were $0.30 per share and $0.63 per share, for the fourth quarter and 2020, respectively. https://seekingalpha.com/pr/18239206-karora-announces-2020-results-including-record-annual-net-earnings-of-88-million-2020-aisc  That is higher than Tesla per share.  The 4th Q did get a kicker from higher gold price creating an accounting bonus, but those are the official #s and when you see the comparison ratios vs Tesla below think you will agree  bonus was insignificant.  

 

Tesla: Basic EPS Q4   $0.28 https://seekingalpha.com/symbol/TSLA/income-statement#figure_type=quarterly 

 

Karora Stock $2.83+4%

Tesla  $654.87 +0.26% 

 

Karora Annual Growth: 

 

Revenue 2020 = $239 million, prior year 2019 was $128 million  = 87% growth 

 

Tesla   2019 $24.5 billion, 2020 31.5 billion = 29% growth 

 

In 2021 Karora will likely grow 40-50% even without gold prices going up from here.  Tesla will grow slower.  Karora has much much higher margins.  Tesla Net Income for 2020 = 2% of sales. 

 

Karora Net Income = 34% of sales, 17 times better margins than Tesla with exactly 3 times better growth.

 

Even if you drop Karora profit per share by 50% it still is compared to company value a 842 times or 84,200% better value than Tesla even though it is growing 3 times faster with 17 times better margins.

 

Not a hard pick as to which is a better investment. 

[Farquar]

In the 1970's many gold stocks went up 100x , 200x , 300x...some stocks went from pennies to 500$ a share , it was quite the bubble...With all the irrational bubbles going on in our day, in bonds, stocks , real estate and especially cryptos, maybe history will repeat and we will see the mother of all bubbles in the mining stocks...so, maybe Krr will reach 600$/share or 700$/share and give

[Bendune]

Agree 100 percent.but Young people dont like gold. Stim cheques will go to new green tech.. mainly, There is zero fomo in krr, kl. Etc. Positive earnings are old practice. 99 percent of younger investors will put there money in tesla. Like I said previously.... need a huge boulder to move this stock to the right value. Old balls sagging but should have bought bitcoin.

[Bendune]

Aisc. Down 300 dollars in a year . Almost bankrupt 3 years ago , now cash in the bank, mill and on and on..... look at the chart. Lol. 88 mill. On a measly m.c. Fundamentals of business are now irrelevant. Look at sunhydrogen boys and girls. Hysr. Yes pumping.. have a look. C these panels everywhere in ten years. Pure spec fomo. It's all about the account.

[retiredcf]

While you're absolutely correct about the young people, the key is the trading volume. Friday's was the highest in the past 6 months, so while none of that may have been attributable to the young, it did belong to much more experienced investors/firms who recognize solid fundamentals when they see them. GLTA

[Highwired7]

Friday, GDXJ bought 1.5M shares at the close.