OROA: OROAMERICA - A small cap jewel | Stock Discussion Forums

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Non-Tech
OROA: OROAMERICA - A small cap jewel

An SI Board Since May 1999

Posts	SubjectMarks	Bans
6	0	0

Emcee: Robert DeHaven	Type: Unmoderated

Introduction Compact

Ok let's start a thread for this unknown small cap Oroamerica. OROA sells gold and other jewelry. They have begun to consolidate the highly fragmented jewelry retail business. Looks cheap, with a 19% ROE selling for $8 and pe of 10. No debt, has $30 million in cash.
Has tryed several times to acquire Michael Anthony Jewelers. Company has manufacturing in US, Dominican Rep. and Peru. Float is small only 3 mill. insiders control over 30%. Good institutional ownership also.

Anyone else think this is an undiscovered jewel?

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
6	Carl, I am familiar with Oroarmerica and have had some dealings with them in t	Glenn D. Rudolph	-	8/14/1999
5	This thinly traded stock came up on my radar screen about a week ago. An insti	Bilow	-	8/14/1999
4	Got a note from IR and they indicated they do not "presently" offer p	Robert DeHaven	-	5/24/1999
3	This looks like a good little company. Bid price gives it a p/3 of 7.3:1. Whe	rakitup	-	5/24/1999
2	I have done my research....I think this is a good company and is undervalued.	Robert DeHaven	-	5/22/1999
1	Please elaborate.	Tom Swift	-	5/21/1999

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