RE: RE: RE: RE: Hemisphere GPS sells non-agricultu Perhaps management wasn't involved in such discussions, but the board needed to make a decision befure undertaking the restructuring. RH and team would have had to compile a 3-5yr plan on where the see the company, its earnings potential, and growth potential and weigh that against what they could sell today. Boards often submit their 3-5yr plan to an investment bank to "assess" future value potential (i.e. if EPS, growth, margins etc etc are [X] then a theoretical future value is [Y]). That 3-5yr plan is based on managements assumptions and strategy. What strikes me is that the board probably never entertained the sale of the business today because of what they saw in terms of future value (based on the plan).
Regardless, I agree with you tthat Q1 is a critical quarter. Consistent growth, outperformance, and news flow (e.g. new OEM deals, significant product launches etc) are essential catalysts to drive the stock higher. It should be an exciting 2013. The brokers need to have a story to pitch clients, something that HEM has sorely lacked in the past few years. The bought deal was intended to be that catalyst a couple of years ago and that fell flat (deal fell through). Re-establishing that credibility (investors will hestitate on fool me once, but fool me twice?) will take some time. Good news is that once momentum gets going it could be huge. I hope you are right that more analysts will start covering the stock (would help with marketing).
Your statement "thinking we are worth more and being worth more are two different things". I couldn't agree more. That's why we invest at low prices today. :)