Abatix Goes Private – ABIX

One of the challenging aspects of investing in unlisted securities is the lack of good, timely information from companies regarding their business prospects and developments. Many of the smallest, insider-controlled companies are content to communicate with the outside world via occasional one or two page press releases, never bothering with investor conference calls or presentations. …

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ALJ Regional Holdings Makes Progress – ALJJ

Back in August I wrote about ALJ Regional Holdings, a leveraged equity situation with high return potential. Shortly after I wrote the post, ALJ released its June 30 quarterly report which once again showed the company turning a healthy profit and reducing its debt load. For the quarter ended June 30, 2012, ALJ made $2.52 …

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Siem Industries Revisited – SEMUF

I originally wrote about Siem Industries here in April, noting the extreme divergence between the company’s trading price and the market value of its publicly-traded equity investments. Since then, the company has released both fiscal 2011 and first half 2012 reports. Despite progress at the company, the valuation gap remains. Here are some highlights from …

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Rockford Corp. – ROFO

Rockford Corp. manufactures and distributes car audio systems, both under its own brand names and under licenses from other companies. Rockford Fosgate is the company’s flagship product line. The company’s products can be found in new Nissan, Suzuki and Mitsubishi automobiles. Despite continuing sales and earnings growth, the company trades at a trailing P/E ratio …

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