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Strategies & Market Trends : Value Investing

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From: Paul Senior5/31/2011 4:17:26 PM
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CTRN, MFLX: Two from a value screen.

I'll take a few tracking shares of family clothing retailer, CTRN. Price near 12-mo. low. At $16.68 with no ltd and $5.28 in cash (per Yahoo). Interesting market niche and an expanding 480+ store chain that I was not aware of.

"THE COMPANY
Citi Trends has been in the apparel business for over 58 years. In April 1999, a private equity firm purchased the company. As of May 2005 Citi Trends became a publicly traded company on the Nasdaq exchange with the symbol CTRN. Citi Trends is a specialty apparel retailer providing urban fashions for the value conscience family. The company operates over 480 stores and is positioned for accelerated growth."

"MARKET
Stores are located in 27 states in the Southeast, Mid-Atlantic and Midwest regions and the states of California and Texas."

Company has been profitable every year since public in '05.

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I'll take a few tracking shares of MFLX here.
"Multi-Fineline Electronix, Inc. engages in the engineering, design, and manufacture of flexible printed circuit boards and related component assemblies for the electronics industry."

Steadily increasing stated bv every year since '02. Profitable every year since '02. At $21.10 with no ltd and cash of $4.09. At p/bk of 1.29-- that's okay, not great. Yahoo consensus analyst p/e estimate is 8+ for '12. If it happens, that would be attractive (moderately) and low for the stock, imo.

finance.yahoo.com
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