Tuesday, February 7, 2012

An mPad Is Cheaper Than An iPad

Micropac Industries (MPAD) looks cheap...very cheap! It trades for $13.5 million despite net cash of $10 million and a profitable history: in the last four years it has total income of around $7 million. I read about this idea at Whopper Investments. If you don't already subscribe to that site, you should, as it has a number of actionable value ideas weekly.

Rather than just repeat everything he says about Micropac, I'll link just to his write-up of the company.

Disclosure: No position

3 comments:

  1. InvestmentsFebruary 7, 2012 at 11:06 AM

    trades over the counter.
    perhaps you can shed insight into why an OTC stock is riskier than a NASDAQ stock.

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  2. AnonymousFebruary 8, 2012 at 12:09 AM

    Do you think an IFON is cheaper than an iPhone?

    - aagold

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  3. Saj KarsanFebruary 8, 2012 at 8:01 PM

    lol, aagold!

    NCAV Investor, I don't have any value to add there. You're better off googling the answer than getting a reply from me.

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