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Strategies & Market Trends : Value Investing

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To: Lazarus who wrote (56024)8/18/2016 10:30:35 AM
From: E_K_S  Read Replies (3) of 78702
 
U.S. Neurosurgical Holdings, Inc. (USNU) - started small position @ $0.25/share

Selling below BV (BV=$0.35/share) and cash on hand ($0.28/share). Last EPS was positive at $0.05/share vs $0.01/share.

Not a liquid stock at all so this will only move on every earnings report. Company appears to have good relationship w/ university hospitals structure their deals as partnerships so everyone participates in the operation.

This is in a good sector, they are profitable and appear to have good management. FWIW, they carry good insurance as their facility at NYU was flooded by Hurricane Sandy and most everything was damaged. Huge potential liability w/ potential cobalt leakage. Machine was removed at over $500K. All covered by insurance.


Will be watching to see if revenues continue to grow and/or other JV partnerships are done to open other facilities.

Very small position but based on BV and cash, you are buying a profitable company for less than the cash they have in the bank.

Thank's for the lead. Looks like a hidden gem.

EKS
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