Shares surged more than 25% this week. I’ve been investigating and can’t find a reason for the sudden move in the stock.
How to Read and Interpret a Balance Sheet
I like to begin by building a modified balance sheet. I make common sense adjustments to asset values and move items around like restricted cash and tax losses that may be carried as liabilities for accounting purposes.
A Quick Framework for Screening Stocks
This doesn’t work all the time, but it gets you 90% of the way towards figuring out what you have.
Kobex Capital: Undervalued After Buying Back More Than 50% of its Stock
Assuming you believe my back of the napkin math above, that leaves Kobex with 69 cents in net cash and a net asset value of 89 cents when the tax loss carry forwards are factored in.
Microcap Checklist for Possible Investments
My stocks don’t have to meet all of the criteria below, but I use this as a checklist to quickly screen out garbage. I’ll then drill down to see exactly what I have and build an investment case as a core holding or special situation. Low Price and Low Volume This is very much personal […]
Maplewood REIT liquidation
Post mortum: This was ultimately a successful trade but took a lot longer than I originally anticipated.