RE: No Comments from KerBer? Interesting points. It's hard to see what the market will determine a fair earnings multiple is for HEM. I think a high multiple in the 12x range won't be possible until HEM can show CONSISTENT earnings. That won't be apparently throughout 2013. Any potential EPS growth will have to be demonstrated before the value of the shares is apparently. I'm afraid that won't be until latter 2013 or even into 2014. I think we'll be range bound between 60c and 80c for the next 6-8 months at least; at least without any catalyst news.
That said, I'm aligned with Ben G. I'd rather take 1.25 to 1.50 right now versus waiting. It's about risk vs. reward. I think there is very little risk at these levels, but Ithe near-term upside is limited. Anyway considering the CEO RH and the guy from AgJ hold a significant percentage, I suspect the new strategy will prevail.
That said, I think if a venture fund were to make a run at this one, and get a few other institutions on board, they could privatize this beast around $1.25 today, split 'er up, and make some money along the way... just sayin ...