CCUR announced Q3 2014 earnings after the close today. Revenues were $18.3 million, up 8% from last year and EPS was $.12 up 9% from last year. Net cash was $2.47 per share. Overall a nice quarter. Our valuation fell slightly to $15.01 from $15.10 last quarter. CCUR is trading at 56% of our valuation and cash is 30% of the market cap. If we were not up 98% on this, we would think about buying it here based on the valuation.
Month: April 2014
Cheap Stock Weekly Update April 26th 2014
CBEY had a takeover offer last week. We sold it for a 37% gain in a little over 2 years. On the other hand we are selling GRVY for and booking a 36% loss after holding this for a bit over 4 years.
Overall last week we were up 1.8% and are now up 3.1% for 2014. The DOW was down .43% and NASDAQ was down .45%. For the year, the DOW is down 1.3% and NASDAQ is down 2.4%
No earnings last week.
Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:
| UNTD | 37% |
| CCUR | 31% |
| SIGM | 64% |
| MRVC | 26% |
| SYNC | 55% |
BLIN, DAEG and UNTD can still be bought.
Last week we went 4 stocks up, 8 down and 2 unchanged. Since inception we are now 66 stocks up and 18 down for a 79.8% winning percentage (80% is our target win %). Of our closed-out positions 59 have been winners and 12 have been losers for an 83% win percentage and a 34% average net gain per position.
Since our beginning, we have closed out the following positions: Continue reading
CSI Tip: CBEY taken over this morning! Sell @ $9.85
CBEY got their take over offer this morning from Birch Communications at between $9.97 and $10 a share. While this is way below our valuation of $26.21 we generally don’t violate Rule #1—Take the money. We will book a 37.4% gain on this one.
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Cheap Stock Weekly Update April 18th 2014
Finally, an up week for us and the markets. We were up 1.5% and are now up 1.3% for 2014. The DOW was up 2.4% and NASDAQ was down 2.4%. For the year, the DOW is down 1.0% and NASDAQ is down 1.9%
No earnings last week and a slow news week.
Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:
| GRVY | 172% |
| CCUR | 31% |
| SIGM | 62% |
| MRVC | 24% |
| SYNC | 52% |
BLIN, DAEG, GRVY and CBEY can still be bought.
Last week we went 9 stocks up, 4 down and 1 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).
Since our beginning, we have closed out the following positions: Continue reading
Cheap Stock Weekly Update April 12th 2014
Three weeks in a row of losses, down .9%,. We are now down .2% for 2014. The DOW was down 2.4% and NASDAQ was down 3.1%. For the year, the DOW is down 3.3% and NASDAQ is down 4.2%
SIGM earnings last week.
Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:
| GRVY | 170% |
| CCUR | 32% |
| SIGM | 58% |
| MRVC | 24% |
| SYNC | 50% |
BLIN, DAEG, GRVY and CBEY can still be bought.
Last week we went 3 stocks up, 9 down and 2 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).
Since our beginning, we have closed out the following positions: Continue reading
Cheap Stock Weekly Update April 4th 2014
Another bad week for us, down 2.1%,. We are now only up .7% for 2014. The DOW was up .6% and NASDAQ was up .7%. For the year, the DOW is down 1% and NASDAQ is down 1.2%
No earnings last week.
Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:
| GRVY | 169% |
| CCUR | 30% |
| SIGM | 55% |
| MRVC | 24% |
| SYNC | 51% |
BLIN, DAEG, GRVY and CBEY can still be bought.
Last week we went 6 stocks up, 7 down and 1 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).
Since our beginning, we have closed out the following positions: Continue reading
Cheap Stock Weekly Update March 28th 2014
Bad week last week as we were down 4.4%, and are up 72.7% for 2014. The DOW was up .1% and NASDAQ was down 2.8%. For the year, the DOW is down 1.5% and NASDAQ is down .5%
No earnings last week.
Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:
| GRVY | 169% |
| CCUR | 31% |
| SIGM | 56% |
| MRVC | 22% |
| SYNC | 52% |
BLIN, DAEG, GRVY and CBEY can still be bought.
Last week we went 0 stocks up, 13 down and 1 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).
Since our beginning, we have closed out the following positions:
Welcome from the Cheap Stock Investor
I have a 40 year background in accounting and finance at a number of public and private companies in increasingly responsible positions and have been a CFO for the last 20 years. My background in preparing financial statements, reporting to the Securities and Exchange Commission and having been involved in a number of company sales and purchases are invaluable tools in reading and understanding public company financial statements and their valuations.
Cheap Stock Investor 