Three-minute pitch # 7
Deep, deep value with inflecting earnings
You have to be crazy to like a name like this.
This is a deeply neglected, orphaned asset - a European company that trades solely in the US and has been public since the 1990s. This is a stock that has gone nowhere and has been in perpetual turnaround mode for over a decade. It’s also illiquid and small, trading at a market cap of under $100m.
However, I believe this left-for-dead stock is now incredibly compelling, offering a multi-bagger potential once its cyclical end industry recovers and providing meaningful downside protection given the company’s substantial assets.
Let’s take a look.