October Ben Graham Net-Net Newsletter pick is selling at 65% of book value, and 5 times earnings, this is a cheap company worth consideration. It would be hard to identify the products that October's pick fabricates; yet they play an important role within the industry that they're active in. This company is conservatively run, and more importantly didn't experience a loss during the financial crisis, or after.
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The Ben Graham: Net-Net Newsletter’s October pick is a metal fabrication company located in Singapore:
· The company has increased book value 35% since 2008.
· They are selling for 65% of book value and 85% of NCAV.
· They have been profitable the last five years and pay a steady dividend.
· The company sells their products worldwide.
Download your copy of the Ben Graham: Net-Net Newsletter today
“It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of stocks at a price less than the applicable net current assets alone...the results should be quite satisfactory. They were so, in our experience, for more than 30 years.”- Ben Graham
What’s a Net-Net?
A net current asset value bargain—or net-net—is a stock selling for less than the value of its current assets—cash, receivables, and inventory—minus all liabilities. Basically, it’s a stock selling for less than its liquidation value.
What’s the Ben Graham: Net-Net Newsletter?
GuruFocus’s Ben Graham: Net-Net Newsletter is written by Nate Tobik. It picks one new net-net every month. The newsletter goes out to subscribers on the first Friday of the month. The newsletter looks for stocks that have both a tangible margin of safety and reasonable upside potential.
So, download your copy of the Ben Graham: Net-Net Newsletter today
The newsletter is ready for download for GuruFocus Premium Members. If you are not a Premium Member, you are invited for a Free 7-Day Trial.
The Ben Graham: Net-Net Newsletter’s October pick is a metal fabrication company located in Singapore:
· The company has increased book value 35% since 2008.
· They are selling for 65% of book value and 85% of NCAV.
· They have been profitable the last five years and pay a steady dividend.
· The company sells their products worldwide.
Download your copy of the Ben Graham: Net-Net Newsletter today
“It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of stocks at a price less than the applicable net current assets alone...the results should be quite satisfactory. They were so, in our experience, for more than 30 years.”- Ben Graham
What’s a Net-Net?
A net current asset value bargain—or net-net—is a stock selling for less than the value of its current assets—cash, receivables, and inventory—minus all liabilities. Basically, it’s a stock selling for less than its liquidation value.
What’s the Ben Graham: Net-Net Newsletter?
GuruFocus’s Ben Graham: Net-Net Newsletter is written by Nate Tobik. It picks one new net-net every month. The newsletter goes out to subscribers on the first Friday of the month. The newsletter looks for stocks that have both a tangible margin of safety and reasonable upside potential.
So, download your copy of the Ben Graham: Net-Net Newsletter today
