REMI is a small cap stock headquartered in Columbia, S.C. It very well may see significantly increased business due to lower interest rates, which may spur a boom in refinancings. It also is/has entered the subprime lending market in a relatively small way, and the small ticket leasing business. Of course the sub prime busines (CTYS,MFN) has a much tarnished reputation, and this company's business in that sector, as well as its other ancillary businesses should be scrutinized closely. That being said, this seems like an excellent company with a modest PE, with a primary business in the right place at the right time for this cycle. Comments? |