2/15/2014

Micro Cap Value Creation with Debt, Share Count and Stock Price Reductions From 2010



Click for Current Prices on the stocks below










QLGC: “QLogic Corporation is a designer and supplier of network infrastructure products that enhance, manage and support computer data communication.” Morningstar

Solid financial position debt free trading a discount to its historical valuation. 5.32 per share in cash with 8.44 book value. Negative 52 week stock price return. 


NAIINaturalAlternatives International, Inc. (NAI) is a manufacturer, formulator and marketer of customized nutritional supplements. NAII’s “ main business activity is to provide private label contract manufacturing services to companies that market and distribute vitamins, minerals, herbs, and other nutritional supplements, as well as other health care products, to consumers both within and outside the United States. Additionally, it develops, manufactures and markets its own branded products under the Pathway to Healing(r) product line, which is aimed at restoring, maintaining and improving health. The private label contract manufacturing customers include companies that market nutritional supplements through direct sales marketing channels, direct response television and retail stores.”Gurufocus


ITEXITEX Corporation “is an exchange for cashless business transactions across North America (the Marketplace). The Company services its member businesses through its independent licensed brokers and franchise network (individually, broker and together, the Broker Network) in the United States and Canada. The Company's business services and payment systems enable approximately twenty-three thousand five hundred member businesses (its members) to trade products and services without exchanging cash. These products and services are instead exchanged for ITEX dollars, which can only be redeemed in the Marketplace (ITEX dollars). The Company administers the Marketplace and acts as a third-party record-keeper for its members’ transactions. The Company generates revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in the United States dollars and Canadian dollars where applicable (USD or cash).Reuters

Consistent strong FCF and dividend generation. The current divided yield is 4.20% 

HOLLHollywood Media focus is online ticket sales. Revenue is primarily from the sale of Broadway, Off-Broadway and London's West End tickets. Broadway.com, 1-800-Broadway, Theatre Direct and Theatre.com also contribute to the business value. Hollywood Media's businesses also include an intellectual property business, the U.K. based CinemasOnline companies ("CinemasOnline") and a 34% minority interest in MovieTickets.com, Inc. ("MovieTickets.com").



FTEKFuel Tech, Inc. provides technology for the control of pollution emissions from utility and large industrial boilers.


RECN:ResourcesConnection Inc., is a professional services firm that provides clients with experienced professionals specializing in finance, accounting, risk management and internal audit, corporate advisory & strategic communications.” Morningstar



RECN is historically cheap based on sales and book value. Underperforming the industry peers even with better valuations. The stock has become a value stock held by value shops such as Heartland and Royce. 


MCF Contango Oil & GasCompany is engaged in the exploration, development, production and acquisition of natural gas and oil properties offshore in the shallow waters of the Gulf of Mexico.”Morningstar



See interactive table below to select metrics on the right side to help in further analysis.