Preview: Company 6 is an Australian company with some potentially valuable assets that are in the process of being monetized by the company. There is considerable uncertainty about the ultimate value of these assets, but there are some indications that this value could be well above the implied value currently being given to the assets […]
Category Archives: Premium content
VIB Premium: Company 5
Preview: Company 5 is a small, OTC-listed bank that is currently in my basket of community banks. The company is trading at less than 80% of book value, which has become pretty rare in the current market. The bank also has fairly consistent earnings and low non-performing assets. Article type: Portfolio position, the author is […]
VIB Premium: Company 4
Preview: Company 4 is a palm oil company trading at a large discount to the land values as presented in a recently announced offer for another plantation company and to another recent comparable transaction. The company looks pretty cheap from an earnings and cash flow perspective as well. I’m not going to disclose where this […]
VIB Premium: Company 3
Preview: Company 3 is an Australian microcap trading at a single digit multiple of free cash flow and normalized earnings. Business conditions have been somewhat subdued and this has led to a market valuation that I see as attractive currently. Insider ownership is substantial and capital allocation by management has been intelligent. Article type: Portfolio […]
VIB Premium: Company 2
Preview: Company 2 is a US-listed microcap bank that trades over the counter (OTC). An investor with some history of activism has taken a significant stake in this bank. This investor is not one of the very well-known activists like Stilwell and he has not made his intentions known yet. I expect the activist to […]