Saturday, March 15, 2014
Global Sources: Special Situation + Value
Posted by Saj Karsan
Yesterday, business-to-business media company Global Sources (GSOL) announced that it would buy back $50 million worth of shares of the company at $10 per share. Nevertheless, shares of GSOL trade for just $8 despite the fact that the company trades for a P/E under 10 and operates with what appears to be a competitive advantage.Read more...
Labels: Global Sources