Comments on: More Cheap Graham Stock Ideas

By: Michael Tiu

Michael Tiu — Mon, 09 Aug 2010 16:26:29 +0000

I would like to bring back my Dlink-615 router to factory setting. The CD that came with the router launch with the Start Up Wizard. I would like to begin all over with making modification, user password and a new SSID. The failure messages describes that I need to reconfigure using the original password which has been replace so many times by resetting. Any suggestions would be greatly appreciated. Thank you.

By: Jae Jun

Jae Jun — Thu, 30 Apr 2009 17:20:53 +0000

I didn’t take further action, it’s only been idling on my watchlist. After their earnings and seeing how much money they lost, I wasn’t sure whether it was going to lose more or at least break even with operations. Either way, I wasn’t quite sure of the fundamentals.

I told a friend it’s cheap on paper and he made the decision to buy right after the drop to $0.85 which probably factored in most of the losses already.

I’m just not as agile… lol

By: MKL

MKL — Thu, 30 Apr 2009 16:50:52 +0000

Jae, are you still looking at AEHR? Did you dismiss it? I don’t remember seeing a valuation on it from you, but I didn’t know if you dismissed it before you got that far.

By: Jae Jun

Jae Jun — Thu, 16 Apr 2009 16:41:39 +0000

@ Caleb
Sorry for the late response but I’ll try to take a look at it. Just haven’t found much time… sleeping 4-5 hours these days lol

By: Caleb

Caleb — Wed, 15 Apr 2009 15:23:03 +0000

Gravity(GRVY.(ADR)) is a game developer in Asia. The stock is trading for less than its net current assets by my calculation(after you convert the Korean won into dollars). They have not filed consolidated reports for the year ending 2008 but they have filed a 6-k for year ending 2008 and 2007. Now, keep in mind, the auditors(Samil PricewaterhouseCoopers) are auditing the statements according to laws of Korea, but a balance sheet is a balance sheet, and in my opinion you can still put value on their assets and from what I read, their business as a going concern is not dead, just had a few hiccups along the way. Oh, and two activist hedge funds own positions in the company and have won concessions against the company in Korean courts.

By: Caleb

Caleb — Wed, 15 Apr 2009 14:14:06 +0000

What timing, later on in the day they announced they are distributing the Hong Kong business to the shareholders. Each ADS holder will receive 1 share of the new company. The new ADS’s of the Hong Kong Company will not be listed on any exchange, they will be traded on the OTC.The Hong Kong business is more mature and produces more cash. The company that is left after the spinoff is still breaking into Israel, Vietnam, Indonesia, Sri Lanka, and Thailand. They are focusing on building their business in emerging markets.

By: Jae Jun

Jae Jun — Tue, 14 Apr 2009 18:41:24 +0000

Thanks for the idea. Will take a look and the spinoffs may be a good purchase as well.

By: Caleb

Caleb — Tue, 14 Apr 2009 11:12:24 +0000

Although not a net, net, nor a small cap, HTX sells below net assets and generates a large amount of cash. In 2007 and 2008 they returned around $5 per share to shareholders. They are in the process of spinning off a couple of divisions. Like I said not a net,net but could be an interesting opportunity. Currently selling at $4.75

By: Jae Jun

Jae Jun — Mon, 13 Apr 2009 20:57:03 +0000

Ive taken a look at HHGP but it isn’t a net net according to my calculations. Neither is EDUC. For EDUC I take 50% of inventories and don’t consider their prepaid expenses and tax receivables. EDUC NCAV price comes out to $2.11.

By: Mark

Mark — Mon, 13 Apr 2009 20:22:46 +0000

if your really looking for one with good fundamentals EDUC is probably the best out there right now. They report earnings Tues

Mark’s last blog post..Trading Ideas For Week

By: Mark

Mark — Mon, 13 Apr 2009 20:17:10 +0000

HURC might be a good bet and HHGP

Mark’s last blog post..Trading Ideas For Week