8/15/2011

Nano Cap Deep Value

American Locker Group (ALGI.PK)reports improved second quarter results

Price = $1.25

Disneyland contracts was the driver for the improved results. The results were less than expected due to  the company's manufacturing relocation disruptions. Revenues increased 6.3% for the YOY quarter to 3.3 million. Net income for the second quarter was 141,000 or .09 per share.

Market Cap : 2.07M
Enterprise Value: 2.24M  

ALGI.PK
Value Hidden on the Pink Sheets

http://shadowstock.blogspot.com/2011/04/value-hidden-on-pink-sheets.html

Long ALGI.PK