Hooper Holmes Inc. (HH): does a medial examines 3 times every minute, 24
hours a day, seven days a week. They arrange more medical exams than any other company and process millions
of specimens in their laboratory.
Current price is
$0.40 per share.
Value investing shops
have been invested in HH as the stock has been on a multiyear decline.
Heartland Value has been a share holder for many years and continues to add to
their position. Heartland now owns 19.85% of the shares outstanding. Back in
2002 HH was trading over 10 per share back.
Hooper Holmes has a market
cap of 27.95M with a 23.81M enterprise value. TTM sales were 138.53M and gross profits 31.32M.
Insiders own 13.51% and purchased more company stock today.
"but there's one
more thing" Steve Jobs
The
company owns a five-building complex
located at 170 Mt. Airy Road, Basking Ridge, New Jersey. The property was on
the 1998 10k. I don’t know when the property was purchased but it’s safe to say
it’s on the books well below the market value. A quick search shows that many
single family homes currently list at the high end for +900,000 in Basking
Ridge, New Jersey only 40 miles from NYC.
Director Gus Halas reported (09/05/13)
the purchase of 100,000 shares for .40 per share.
