Extremely Deceptive Chart

This is one of the most deceptive charts I've ever seen, straight out of the proxy statement of a company called Kulicke and Soffa Industries (KLIC):

Sangoma Drops Like A Rock

As the market advances, it becomes more difficult to find value. Individual stocks are rising, offering investors opportunities to cash out. One stock bucking this trend is Sangoma (STC), a profitable net-net which has lost one third of its value since November.

The Sleuth Investor

I first heard about The Sleuth Investor (a book by Avner Mandelman) through the valuable value sites csinvesting and Oddball Stocks. Two days ago, I discussed a book by a value investor who believes in the superiority of a purely quantitative approach to investing. While The Sleuth Investor is also by a value investor, it is in many ways the exact opposite; the author believes in the scuttlebutt approach to value investing, and offers some of his advanced techniques to the reader.

Quantitative Value

I haven't read it yet, but I very much look forward to reading the new book Quantitative Value By Tobias Carlisle. For those of you unfamiliar with this title, the book is written by the author of the value site Greenbackd, an extremely useful resource for value investors.

Unisys: All the Makings of Value

Global IT company Unisys has all the makings of a value stock. Its net cash position of $330 million provides safety in the event of a downturn and offers strong downside protection on the company's $760 million market cap. In recent years, the company has managed annual income of $200 million; it will not earn as much this year thanks to cutbacks in government spending, but the company remains solidly profitable.

Karsan Value Funds: 2012 Q4 Results

Karsan Value Funds (KVF) is a value-oriented fund, as described here. Due to securities regulations, the fund is not open to the public at this time. Should that change in the future, there will be an announcement on this site

Market Manipulation, or Perfectly Innocent?

A couple of weeks ago, we saw what appears to be a mistaken filing on the part of a shareholder of Meade. Today, we take a look at another strange filing from a large shareholder of the company.