Elamex (ELAMF ) has been brought up here before. It's now below book,
having some trouble with its business, but it's
profitable and at current prices has good ratios, like
a PE of about 7 with growth prospects. I forgot who brought
it up, but you likely know who you are. Care to comment?
biz.yahoo.com
Market Cap 49M but 17M cash/no debt
Revs $132 Mil Income $7 Mil
Net Profit Margin 6%
Return On Equity 13%
Revenue/Share $17.82 Earnings/Share $0.99
Book Value/Share $7.49
Institutions own 23%
Price 6 5/8 so PSR 0.37, P/B 0.88, ESR 0.24, E/EBITDA 2.5
It's a Mexican contract manufacturer that benefits from
improving US economy/strong dollar. Too good to be true?
I've got enough foreign exposure, but I gotta go where
the value is, and this is looking good.
BTW, looks like my Oxford fears have come true, making
my official opinion in the MSN article now worthless. My
efforts on my web site as of Dec 9th to ward people away from
Oxford notwithstanding, Oxford will be my biggest and most public
goof.
Mike |
