Another Interesting Comparison
There is another microcap investment of mine that still has much more value than both KERN and HLIX. What these two offer are huge potential opportunities in a new, fast growing industry.
But I also have a few thousand shares of RMCF that is priced equally. And it's CANDY. Like Buffett's See's Candy, only this one is the Rocky Mountain Chocolate Factory.
Compared to HLIX and KERN:
HLIX market cap, 51M; HLIX Enterprise Value, 53M; Revenue, 14M
KERN market cap, 63M; KERN Enterprise Value, 41M; Revenue, 11M
RMCF market cap, 56M; RMCF Enterprise Value, 54M; Revenue, 34M
RMCF is priced equally with a lot more sales. But shrinking, yet very profitable and pays a hefty 5% dividend yield. It has a much longer history and low hurdles. I like low hurdles. Also good margins, but very saturated industry.
But, just saying that his one doesn't pay, will have more dilution in the future. Yet, truly sincere to be accretive and not a fleecing-type scam penny stock. All good micro-caps, all priced equally now.
And NROM still blows them all away with:
NROM market cap, 11M; NROM Enterprise Value, 21M; Revenue, 12M
Yet NROM highly profitable, but no dividend. A very long past like RMCF, both with disgruntled shareholders (the only way I like it) and both profitable. And NROM is ramping up that top line, like HLIX and KERN.
All 4 in the same microcap ballpark. All good in their own ways. And all playing a role in stimulating the brain and releasing dopamine. Whether that be in the security and safe transport of that goal, or just being a direct supplier, or a manufacturer.
And all legal! The legal pursuit of happiness! And no scam artists in any of them. So, if you can't figure out which one you want, as they all have their pros and cons, EAT THEM ALL! It is a feast!
