business valuation | Old School Value

Stock Research and Analysis: Mastech Holdings (MHH) Part 2

Thursday, June 18, 2009

Previously we looked at the business valuation of Mastech Holdings (MHH). To summarize, MHH is an IT staffing company in a competitive yet profitable industry. The macro environment has punished all staffing companies to the floor as companies continue to lay off people. MHH is a spinoff, a contrarian pick and a cheap stock all [...]

Stock Research and Analysis: Mastech Holdings (MHH) Part 1

Monday, June 15, 2009

3 Comments

I first mentioned Mastech Holdings (MHH) when I updated the results of the negative enterprise value screen. Mastech is not a net net value stock but after briefly analyzing the financial statements, I believe it to be within my circle of competence and margin of safety. There is also a limit to the downside. In [...]

iGo Inc (IGOI) Q1 Business Valuation Update

Thursday, April 30, 2009

3 Comments

On April 29, iGo Inc (IGOI) announced earnings that were better than I expected considering they had previously lost their biggest customer, Targus. However, earnings wasn’t the number I was focusing on. It’s the assets I care about the most because this is a deep value stock investment. For people new to iGo Inc, you can [...]