Stocks Selling for Less than Cash per Share

 Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly. Please go to https://WStNN.com for all future posts.

by Fred Fuld III

During the last six months, the stock market has taken a tumble, with the S&P 500 down almost 20% year-to-date.

Some investors and traders are now looking for bargains, hoping for a short term or even a long term bounce.

So how do you go about choosing a stock to buy in these volatile times? One strategy is to look for stocks that are not only selling below their book value, but also below their cash per share, especially if the company has low or no debt.

The cash per share is the amount of money that would be distributed for each share if the company went out of business today. In other words, if all the other company’s assets were totally worthless, how much would shareholders receive for each share, just from the cash in the bank the company has.

So if you can buy the stock for less than the cash per share, you should be getting a fairly good deal, not counting other factors.

If the company is also profitable, that is another benefit.

The following are four stocks with have low or no debt, are trading below the cash per share, and are profitable with price to earnings ratios below 32. As a matter of fact, three of the companies have P/E ratios below 15. All of the following are low cap or extremely low cap, so should be considered very, very speculative.

article continues at WStNN.com

Top Tax Selling Stocks Selling Below Cash per Share

  Please note that this is a sister publication of WallStreetNewsNetwork ( https://WStNN.com ) and postings will end on this site shortly.  

by Fred Fuld III

A tax selling stock is a stock that is currently selling for a low price but was trading at much higher levels earlier in the year.

What is Tax Harvesting?

As the year-end approaches, many investors use the strategy called tax harvesting , which is selling stocks the have tanked to offset any gains that may have been established sometime during the year.

With strong selling, the price of stocks that have had big drops tends to fall far more than what would normally take place during the rest of the year.

So traders and investors are on the lookout for stocks that are heavily hit, hoping for a little (or big) bounce in January, once the tax selling is over.

What is Cash per Share?

But if you can find a stock that is selling below cash per share, you have a double bonus. The cash per share is the amount of cash the company has divided by the number of shares.

So if you are looking for these types of stocks, see below for a selection of some that have dropped by over 50% year-to-date. Most have low market capitalizations so they should be considered speculative. However, all of these stocks are selling below cash per share.

What is the Price to Book Ratio?

In addition, they all have a price to book ratio of less than one. The Price toBook ratio, in simple terms, is what each share would be worth if the company went out of business today and all assets sold off. The lower the ratio, the better. And if the number is less than one, it means that each share is worth more than the assets.

Here is the list. Dropped more than 50% this year, selling below cash per share, low priced to book ratio, and a price to sales ratio of less than one. All are United States based companies.

List of Tax Selling Stocks

Acorda Therapeutics, Inc.	ACOR
Peabody Energy Corporation	BTU
Cumulus Media Inc.	CMLS

For a list of over 10 tax selling stocks selling below cash per share, go HERE.

Just remember, these stocks may be trading at a very low price for a reason. 

Happy investing.

Stocks Selling Below Cash Per Share and Little Debt

Please note that this is a sister publication of WallStreetNewsNetwork ( http://WStNN.com ) and eventually everything on this site will be transferred over there.

Do you think a return of 40% over a period of less than three years is pretty good? How about 157%? Those are the actual returns of stocks that you could have bought less than three years ago that were selling for less than the cash per share.

What is cash per share?

In simple terms, cash per share is the amount of cash the company has sitting in the banks divided by the number of shares. So if the company has little or no debt, and you can buy the stock below the amount of cash per share, you are getting a bargain. If the company went out of business today and all the inventory and equipment and all other assets were totally worthless, you would still make a profit because the cash you would receive for each share would exceed the price you paid.

Real Life Examples of Stocks that were Selling Below Cash

Let’s get back to those real life examples mentioned in the first paragraph of this article. MEI Pharma (MEIP) is an oncology company focused on the clinical development of therapeutics to treat cancer. Back in November of 2015, the stock was selling for 1.64, yet it had cash per share of 1.70, providing a discount to investors of 3.5% to the cash. Since that time, the stock has risen to 2.31, a gain of 40.85%. Not a bad investment for less than three years. Then there is Support.com (SPRT), a provider of cloud-based software and services. In November 2015, it was trading at 1.09, with cash per share of 1.25, a 12.8% discount to cash. The stock has now shot up to 2.81, a spectacular gain of 157.8%.

But what about companies that have a reverse split?

This is a great question. Let’s look at bebe (BEBE), the women’s clothing company, over the same time frame as the previously mentioned stocks. It was trading at a 22.6% discount to cash. Back then, the stock was trading at 0.41 per share, but the company had a 10 for 1 reverse split in December of 2016. What this meant was that for every 10 shares that you own prior to the split, you would now only have one share. So the effective cost basis of the original purchase price would be 4.10. The stock just closed last Friday at 7.00 per share, giving investors a 70.7% return. (To clarify this, assume you buy 1,000 shares at 41 cents, for a total cost of $410. The reverse split takes place, you now only have 100 shares at 7.00 or $7.00 total value, a gain of over 70%.)

Does the stock need to trade at a huge discount to make money?

Absolutely not. Here is a great example. GenCorp Industries (GENC) traded at a 0.1% discount to cash back then, actually one penny below the cash per share. The stock has gone from 10.18 to 15.50 a share, a very decent gain. But that’s not all. The stock declared a 3 for 2 stock split (what I call a “good stock split”) in July of 2016, which was effectively a 50% stock dividend. In other words, one and a half shares for every one share that you own. So the true gain on this stock from November 2015 is an incredible 128.3%.

Risks of Buying Below Cash Stocks

• Possibility that the company is what we used to call the “walking dead” and what we now call “zombies”. These are companies that will continue to stumble along, never really grow but never go out of business, and they’ll just hold on to all their cash
• Possibility that management may spend the company’s cash like a drunken sailor.
• For biotech companies, the possibility that they will burn all their cash before they come out with an FDA approved drug

Advantages of Buying Below Cash Stocks

• Provides a downside cushion for the stock price
• In the event of bankruptcy or liquidation, excellent chance of getting back more money than your investment
• Provides the company with a solid balance sheet – they can easily make payroll, buy new equipment, make acquisitions, without having to borrow

But the stock market is trading at lofty levels

Are there still stocks that can be purchased for less than cash per share? Yes, there are actually over a dozen different companies with stock prices below cash per share with little or no debt.

So what are some other companies selling below cash?

WStNN.com has come up with a list of over a dozen companies that are currently trading below their cash per share, and have little or no debt. If you are interested in getting this list, just subscribe to our newsletter. We will be emailing the list in an Excel format to all subscribers who have subscribed by 11:59 pm on Tuesday, May 8. The list, which will be sent out the following day, will provide the following:

• Company name
• Stock ticker symbol
• Country where the company is based
• Price per share
• Cash per share
• Percentage discount to cash
• Debt to Equity

However, you must subscribe by May 8 in order to get this free list. The reason why we have this short timeframe is that the information may become stale a week from now, and we want you to get timely information.

What’s the Cost to Subscribe? Nothing!!!

We charge nothing for our WStNN/Stockerblog newsletter. It is sent out between two to four times a month, so we won’t spam you, we won’t overload your mailbox every day, and we don’t sell or give away our list. (Some clown actually called me about a revenue split for selling newsletters, and he said all I had to do was give him my email list and they would take care of everything. Yeah right!)

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Buying Stocks Below Their Cash Value

Do you think a return of 56% over a period of less than two years is pretty good? How about 115%? Those are the actual returns of stocks that you could have bought less than two years ago that were selling for less than the cash per share.

What is cash per share?

In simple terms, cash per share is the amount of cash the company has sitting in the banks divided by the number of shares. So if the company has little or no debt, and you can buy the stock below the amount of cash per share, you are getting a bargain. If the company went out of business today and all the inventory and equipment and all other assets were totally worthless, you would still make a profit because the cash you would receive for each share would exceed the price you paid.

Real Life Examples of Stocks that were Selling Below Cash

Let's get back to those real life examples mentioned in the first paragraph of this article. MEI Pharma (MEIP) is an oncology company focused on the clinical development of therapeutics to treat cancer. Back in November of 2015, the stock was selling for 1.64, yet it had cash per share of 1.70, providing a discount to investors of 3.5% to the cash. Since that time, the stock has risen to 2.57, a gain of 56.71%. Not a bad investment for less than a couple years. Then there is Support.com (SPRT), a provider of cloud-based software and services. In November 2015, it was trading at 1.09, with cash per share of 1.25, a 12.8% discount to cash. The stock is now trading for 2.35, a spectacular gain of 115.6%.

But what about companies that have a reverse split?

This is a great question. Let's look at bebe (BEBE), the women's clothing company, over the same time frame as the previously mentioned stocks. It was trading at a 22.6% discount to cash. Back then, the stock was trading at 0.41 per share, but the company had a 10 for 1 reverse split in December of 2016.

What this meant was that for every 10 shares that you own prior to the split, you would now only have one share. So the effective cost basis of the original purchase price would be 4.10. The stock is now at 5.48, giving investors a 33.66% return. (To clarify this, assume you buy 1,000 shares at 41 cents, for a total cost of $410. The reverse split takes place, you now only have 100 shares at 5.48 or $548 total value, a gain of over 33%.)

Does the stock need to trade at a huge discount to make money?

Absolutely not. Here is a great example. GenCorp Industries (GENC) traded at a 0.1% discount to cash, actually one penny below the cash per share. The stock has gone from 10.18 to 17.95 a share, a very decent gain. But that's not all. The stock declared a 3 for 2 stock split (what I call a "good stock split") in July of 2016, which was effectively a 50% stock dividend. In other words, one and a half shares for every one share that you own. So the true gain on this stock from November 2015 is an incredible 76.33%.

Risks of Buying Below Cash Stocks

• Possibility that the company is what we used to call the "walking dead" and what we now call "zombies". These are companies that will continue to stumble along, never really grow but never go out of business, and they'll just hold on to all their cash
• Possibility that management may spend the company's cash like a drunken sailor.
• For biotech companies, the possibility that they will burn all their cash before they come out with an FDA approved drug

Advantages of Buying Below Cash Stocks

• Provides a downside cushion for the stock price
• In the event of bankruptcy or liquidation, excellent chance of getting back more money than your investment
• Provides the company with a solid balance sheet -they can easily make payroll, buy new equipment, make acquisitions, without having to borrow

But the stock market is trading at lofty levels

Are there still stocks that can be purchased for less than cash per share? Yes, there are actually over 20 different companies with stock prices below cash per share with little or no debt. Here is just one example. The Rubicon Project (RUBI), is a Los Angeles based technology and software company. The stock recently closed at 3.70 per share, but has cash per share of 6.47, providing a discount to cash of 42.81%.

The company is currently generating negative earnings, but has a very favorable price to sales ratio of 0.78 (a number below 1 is good, a number above 2 is not so good), and an excellent price to book of 0.65. Revenues have increased every year since 2012 and for the latest fiscal year, revenues jumped by about 12%. The company is debt free.

So what are some other companies selling below cash?

WStNN.com has come up with a list of almost two dozen companies that are currently trading below their cash per share, and have little or no debt. If you are interested in getting this list, just subscribe to our newsletter. We will be emailing the list in an Excel format to all subscribers who have subscribed by 11:59 pm on Friday, October 13. The list, which will be sent out the following day, will provide the following:

• Company name
• Stock ticker symbol
• Country where the company is based
• Price per share
• Cash per share
• Percentage discount to cash
• Debt, if any

However, you must subscribe by October 13 in order to get this free list. The reason why we have this short timeframe is that the information may become stale a month from now, and we want you to get timely information.

What's the Cost to Subscribe? Nothing!!!

We charge nothing for our WStNN/Stockerblog newsletter. It is sent out between two to four times a month, so we won't spam you, we won't overload your mailbox every day, and we don't sell or give away our list. (Some clown actually called me about a revenue split for selling newsletters, and he said all I had to do was give him my email list and they would take care of everything. Yeah right!)

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Just fill in the box below. We don't ask for a credit card number, we don't need your phone number, and you don't have to give us your street address.  Once you submit, you will need to check your email account for a confirmation. You may need to click on the link confirming that you want to subscribe. By the way, if you are already a subscriber, you don't need to re-subscribe. Just remember, new subscribers need to subscribe by 11:59 pm on Friday, October 13. The list will be sent out the following day.

Thanks for subscribing and happy investing!

Debt Free Stocks Selling Below Cash

Are you looking for stocks that are almost guaranteed not to go out of business? If so, you should look for stocks selling below cash per share. In fact, if you want an almost certain way of of making a profit, putting your money into stocks selling below cash is the way to go. Many stocks have been beaten down to very low prices due to tax selling, creating bargain basement opportunities.

Here is what it means when a stock sells below cash per share? First, assuming the company has no debt,  you take the amount of cash that the company has in the bank and divide it by the outstanding number of shares. That represents the cash per share. If a stock is trading for less than that amount, it is a bargain, because if the company went out of business immediately, everything would be liquidated and disbursed on a per share basis. Even if all the company’s inventory, equipment, and real estate were worth nothing, all that cash would provide the investor with a profit.

Once a stock sells for below cash per share, it starts to attract t6he attention of hedge funds, analysts, and companies looking for a takeover candidate, all of which can drive the price of a stock up. You may be wondering, do such stocks really currently exist? The answer is ‘Yes’ and here are a few of them.

Emerson radio (MSN) is a marketer of consumer electronic products and various housewares. The company has about $1.91 in cash per share, yet sells for less than half that amount. The stock trades at 7.5 times forward earnings. The company is debt free.

NeuroMetrix (NURO) makes and markets wearable neuro-stimulation therapeutic devices. Cash per share is $1.37, with the stock selling more than 20% below that. This debt free company has been generating negative earnings, but the stock has a favorable price to sales ratio of 0.70.

OncoGenex Pharmaceuticals (OGXI) develops products that are designed to block the production of specific proteins that promote treatment resistance in cancer. The stock is selling for less than half the amount of cash per share. The company has a small amount of debt.

Here are a list of several below cash stocks.

Symbol	Price	Cash/shr	Discount to Cash	Debt/Equity
MSN	0.82	1.91	57.07%	0
NURO	1.06	1.37	22.63%	0
OGXI	0.46	1.09	57.80%	0.01
ONTX	2.63	3.50	24.86%	0
PCO	6.20	6.58	5.78%	0
RBCN	0.52	0.60	13.33%	0
SPRT	0.70	0.97	27.84%	0
VICL	2.55	3.40	25.00%	0
WGA	0.20	0.22	9.09%	0

Remember to do your research before investing, since most of these have very low market caps and limited trading which reduces liquidity. If you like interesting stock lists like this, you should check out many of the stock lists here.

Disclosure: Author owns RBCN, SPRT, and VICL.

Low Debt/No Debt Stocks Selling Below Cash per Share

One of my favorite screens for stocks are the ones that are debt free. It's hard to go out of business when a company has no debt. If you can find a debt free company selling below book value (the value of the stock if the company goes out of business today, everything the company owns is sold off, and the company liquidates, with distributions to all shareholders), then it is very hard to go out of business.

And if the company has no debt and is selling below its cash per share, then it is extremely difficult to go out of business. Management would have to be spending money like a drunken sailer for that to happen (or the company could have reported fictitious numbers e.g. Enron).

So I take notice when I find stocks with no debt or very little debt and selling below cash per share. The cash per share is basically all the company's cash on hand and cash equivalents, divided by the number of shares of the company. If the company went out of business immediately, couldn't sell off any of its equipment, real estate, inventory, or other assets, and had cash per share to distribute to shareholders that exceeded the price of the stock currently, then a profit is almost guaranteed.

One example is Payment Data Systems (PYDS), a provider of integrated electronic payment processing services. The stock closed at 2.35 per share on Friday, yet has 5.40 per share in cash, a 3.05 discount to cash, or on a percentage basis, a 56.5% discount. The company trades at six times cash flow, and has a reasonable price to sales ratio of 1.78.

Another example is Emerson Radio (MSN), a marketer of houseware and consumer electronic products. The stock is trading at 1.04 per share on Friday, yet has 1.78 per share in cash, a 41.6% discount to cash per share. The company has a price to earnings ratio of 20.8, and an extremely favorable price to sales ratio of 0.43.

For a list of a dozen stocks that are trading below cash and are debt free or almost debt free, go to WallStreetNewsNetwork.com. Keep in mind that most of these stocks are very low cap, and low priced, so therefore are very speculative.

Stocks Selling Below Cash per Share and Debt Free: Guaranteed Way to Profit

If you want to find stocks that are almost guaranteed not to go out of business, you should look for stocks selling below cash per share. As a matter of fact, if you want an almost guaranteed way of of investing, putting your money into stocks selling below cash is the way to go. One of the advantages of the recent market drop is the fact that many stocks have been beaten down so low that many of these types of companies have become available.

So what does it mean that a stock sells below cash per share? First, assuming the company has no debt,  you take the amount of cash that the company has in the bank and divide it by the outstanding number of shares. That represents the cash per share. If a stock is trading for less than that amount, it is a bargain, because if the company went out of business immediately, everything would be liquidated and disbursed on a per share basis. Even if all the company's equipment and real estate were worth nothing, all that cash would provide the investor with a profit.

Once a stock sells for below cash per share, it starts to attract t6he attention of hedge funds, analysts, and companies looking for a takeover candidate, all of which can drive the price of a stock up. You may be wondering, do such stocks really currently exist? The answer is 'Yes' and here are a few of them.

Avalanche Biotechnologies, Inc. (AAVL) is develops gene therapies for the treatment of ophthalmic diseases based on its Ocular BioFactory platform. The stock closed on Friday at 10.64 per share, yet the stock has 13.09 in cash per share, almost a 19% discount. Or another way to look at it would be if the stock price reached its cash price, it would rise by 23%. Latest quarterly revenues for the company rose by 50.4% year over year. The company is currently debt free. Of course, with biotech companies, or any type of company for that matter, there is a risk that management may burn through a lot of cash quickly.

BroadVision (BVSN) makes and sells enterprise portal applications. It is debt free with cash per share of 7.25, yet is is trading for 6.00 per share, a 17% discount. Quarterly revenues were down 30.8%.

Ambassadors Group (EPAX) is a Spokane, Washington company which markets worldwide educational travel programs for students. The stock is at 2.70 and the cash per share is a healthy 4.14, a discount of 35%. The company has no debt. Revenues were down 10% for the latest quarter, but the company generated a profit for the latest quarter after two quarters of losses.

Gencor Industries (GENC) is another stock below cash. It makes and markets heavy machinery. The stock is at 9.15, whereas cash per share is 10.19,

As you can see, there are several of these diamonds in the rough. But do your research before investing, as most of these have very low market caps and limited trading which reduces liquidity. If you like interested stock lists like this, you should check out many of the free stock lists at WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was published. 

By Stockerblog.com

Stocks Selling Below Cash Per Share

One fundamental way of searching for favorable stocks is to look for debt free stocks that are selling below book value, or even better yet, selling below cash per share. The cash per share is the total amount of cash the company has in the banks divided by the number of shares.

So if the company were to go out of business immediately, the shareholders would at least get the amount of cash per share plus whatever they could get from the sale of all their other assets.

Liquid Holdings Group (LIQD) is selling for 20 cents per share but has 50 cents in share in cash. In addition, it has no debt. Revenues for the latest quarter doubled, however, earnings were negative. The company is a provider of cloud-based trading and portfolio management solutions.

Lpath (LPTN) is a biotechnology company that is also selling way below cash per share. The share price is less than half of what the cash per share is. It is also debt free. Earnings and revenues were down for the latest quarter.

Delicate Systems (DCTH) sells for almost half of the cash per share. Quarterly revenues were up 43% for this pharmaceutical and medical device company.

When a company stock is trading below cash, it is almost impossible for the company to go out of business, unless it has an extremely high burn rate. Be careful; some of these companies sell for an extreme discount for a reason. If you like stock lists like this, go to WallStreetNewsNetwork.com to see many of the free stock lists.

Disclosure: Author didn't own any of the above at the tim the article was written.

By Stockerblog.com

Debt Free Stocks Selling Below Cash per Share

For investors that want to reduce risk, finding debt free stocks trading below cash per share may be the way to go. Companies without debt are a safe bet; it's hard for them to go out of business unless they have an extremely high burn rate.

But if the company is trading for less than the amount of cash per share, it makes the stock a super buy. The cash per share is calculated by taking the total amount of cash and cash-like securities, divided by the number of shares. Here are a few stocks that meet this criteria.

BroadVision, Inc. (BVSN) closed at 5.56 a share on Friday, but has $8.22 per share in cash. This Redwood City, California company makes and sells enterprise portal applications. Plus the company is free of debt.

Ceres (CERE) produces and markets energy crops to produce renewable bioenergy feedstocks. The stock closed at 23 cents a share, with 45 cents a share in cash. The company does have a small amount of debt, approximately $55,000.

Deswell Industries (DSWL) is a Macau based company that makes and markets injection-molded plastic parts and components. The company has 2.38 in cash per share but closed at 1.88, plus it is debt free.

Ambassadors Group (EPAX) organizes and promotes worldwide educational travel programs for students. The stock is at 2.59, with 2.77 in cash per share. The company has no debt.

If you like stock lists like this, check out the numerous stock lists at WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Debt Free Stocks Selling Below Cash

If you are looking for a safe stock, a company that has no debt and has shares trading below the cash per share, you can't get a better deal than that. It means that if the company goes out of business immediately and all assets are distributed to the investors, the investors would each receive more than the current price per share. You can't get a better safety floor than that.

Why would a stock sell for less than cash? There could be several reasons. The company may have recently announced terrible earnings which drove the stock pice down farther than it normally would have fallen. The stock may have been hit hard due to tax selling. Tax selling is when investors sell shares before year end that are currently at a huge loss, in order to get the tax benefits of generating a capital loss for the current year.

So are there really such companies who's stocks sell for less than cash? Yes, there are several. Here are a few examples.

Cyclacel Pharmaceuticals (CYCC) is a biopharmaceutical company developing mechanism targeted drugs to treat cancer. The company is debt free and $26.8 million in cash, amounting to $1.17 in cash per share, whereas the stock is trading for 70 cents per share. Revenues for the latest quarter were up 137.9%.

Delcath Systems (DCTH) is a specialty pharmaceutical and medical device company, which is debt free with $23 million in cash. The cash per share is $2.47 with a stock price of $1.35. Revenues for the latest quarter were up ober 201%.

Deswell Industries (DSWL) makes injection molded plastic parts and electronic products. The stock has over $40 million in cash with no debt. Cash per shares is $2.51 with a stock price of $1.89.

Hopefully one of the debt free stocks with lots of cash will make you debt free with lots of cash.

Disclosure: Author didn't own any of the stocks at the time the article was written. 

By Stockerblog.com

Stock on WallStreetNewsNetwork List Up 49% on Friday

In case you missed it, earlier this week on Wednesday, July 10, I wrote an article called Stocks Selling Below Cash per Share - Getting Stocks at a Discount which described how risk can be reduced by finding stocks trading below the amount of cash per share, especially if the company has low or no debt.

The Below Cash Stock ~ And Debt Free

Two stocks were included in the writeup, Emerson Radio Corp. (MSN) and Career Education (CECO), and the article referred to the free list of stocks selling below cash at WallStreetNewsNetwork.com. One of the stocks which was one the list of about ten stocks was iGo, Inc. (IGOI), the company that makes and markets power products for mobile electronic devices, such as chargers and surge protectors. The stock was trading at 2.28 on Wednesday, and closed at 2.29 on Thursday. This was approximately a 36% discount to the company's cash per share. In addition, the company has no debt.

iGo Really Did Go - Up!!!

After the market close on Thursday, it was announced that Steel Excel (SXCL) made a cash tender offer to purchase up to 44% of the outstanding shares of the common stock of iGo at a price of 3.95 per share. This is a premium of over 71%.

Huge One Day Increase

On Friday, the stock opened at 3.37 on the news, and closed at 3.42 for the day, about a 50% increase (49.34% to be exact).

By the way, Emerson Radio is down eight cents from Wednesday, but Career Education is up 3.4%.

Stocks Selling Below Cash per Share

Getting Stocks at a Discount

Investors who are looking for turn-around situations in the stock market, yet want to reduce their risk, should look at stocks selling below cash per share. This means (in simple terms) that if you take all the company's cash in the bank, divide it by the number of shares, the result would be higher than what you could buy the shares for. If the company has little or no debt, then if the company went out of business today, you would receive more than what the shares are trading for.

There are several stocks selling below cash per share that have been identified by WallStreetNewsNetwork.com. Obviously, when stocks sell this cheap, there is usually some sort of negative issue associated with it, but if you are a contrarian, you may find a gem in the junk pile.

Electronics

One example is Emerson Radio Corp. (MSN), the New York Stock Exchange traded marketer of house-ware and consumer electronic products, such as DVD players, microwave ovens, compact refrigerators, clock radios and televisions. The stock, which currently trades at 1.77 per share, sells way below its book value of 2.66 per share, and 18% below its cash per share of 2.15. The company only has $83 thousand in debt. The stock trades at only five times earnings. On the downside, latest quarterly revenues and earnings were down by over 40%. A one time large dividend distribution to the shareholders could send this stock higher. The company has been in business since 1948.

Education

Career Education (CECO) operates colleges, schools, and universities that are in career-oriented disciplines. Its operations include Colorado Technical University and American InterContinental University. Degree and certificate programs are numerous and include technology, criminal justice, computer science, engineering, health sciences, culinary arts, hotel and restaurant management, fashion, interior design, film and video production, and construction. The stock sells at an 18% discount to its cash per share of 4.29. The stocks trades at 3.52, way below its book value of 8.90. Total debt for the company is only $103 thousand. Earnings for the latest reported quarter were negative and the company will report second-quarter 2013 financial results on Wednesday, August 7, 2013, after the market close. This Illinois based company was founded in 1994.

For a free list of over ten stocks trading at or below cash per share, go to WallStreetNewsNetwork.com. The list includes current price, cash per share, debt, P/E ratio, and discount to cash per share. Please keep in mind that although the turnaround percentage gains on these stocks can be huge, the risks are high because of the low capitalizations and usually poor earnings. I hope you find your gem.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Cheap Stocks Selling Below Cash and Debt Free

It would be pretty difficult for a company to go out of business if it is debt free, compared with companies that are heavily encumbered with loans. If you are able to buy a stock for less than the book value, that is even better. The book value is, in very simple terms, all assets minus all liabilities, dividend by the number of shares. In other words, if the company went out of business today and was able to liquidate everything immediately, what each shareholder would receive.

However, an even better buy would be if you could buy the company's stock for less than the amount of cash it has for each share. It may be hard to believe, but there are over 15 stocks trading at less than the cash per share, according to the latest list of Stocks Selling Below Cash per Share at WallStreetNewsNetwork.com.

One example is Amtech Systems Inc. (ASYS), a Tempe, Arizona based company which manufactures and markets the capital equipment used in the manufacture of wafers, primarily for the semiconductor and solar industries. This debt-free company, which closed at 3.31 on Friday, is selling way below its book value of 10.90, and about a 25% discount to the amount of cash per share of 4.47. Net revenue for the third quarter of fiscal 2012 was $24.3 million, up 13% from $21.6 million for the preceding quarter. The net loss for the third quarter of fiscal 2012 was $3 million or a loss of $0.31 per share compared to a net loss of $5.1 million or $0.54 per share in the preceding quarter.

If you trust the financials from Chinese based companies, you may want to take a look at UTStarcom Holdings Corp. (UTSI), a Beijing, China based business which makes and markets Internet protocol-based telecommunications infrastructure products to telecommunications service providers. Customers are based in China, Japan, India, the United States, Latin America, and Europe. The stock trades at 25.8 times earnings, and based on its closing price on Friday of 1.03, is selling at an approximately 45% discount to the cash per share of 1.86. During July and August, the company repurchased $2.2 million of its shares as part of its ongoing $20 million share repurchase program that was launched in August 2011. The company has no debt.

O2Micro International Ltd. (OIIM) is a debt-free Cayman Islands based company involved in the creation and selling of integrated circuits for power management and e-commerce components and systems. The stock closed at 3.74, which is at a discount to its cash per share of 3.83, and way below the book value of 5.36.

For a free list of all the debt-free stocks selling below cash, go to WallStreetNewsNetwork.com. The list can be downloaded, sorted, and updated.

Disclosure: Author didn't own any of the above at the time that article was written. By Stockerblog.com

Stocks with High Cash per Share

It is not enough for a company to have lots of assets. Cash is king and stocks with lots of cash generally means that the company is in solid financial shape. It also makes the companies more appealing as takeover candidates, since the acquiring company can use that cash to help close the deal.

So what companies are cash heavy? Superior Industries International (SUP) makes and markets aluminum road wheels. This debt free company, which closed on Friday at 19.44, has $7.10 in cash per share. The stock trades at eight times earnings. Revenues for the latest quarter were up 13.5%, with revenues shooting up 80.6%. The stock even generates a yield of 3.3%.

Insperity (NSP) is a provider of human resources and business solutions for small and medium-sized businesses. The stock has almost $11 in cash per share and trades at 29.62. The company is debt free and trades at 15 times forward earnings. Earnings rose 39% on a 13.7% increase in revenues. The yield on the stock is 2%.

Richardson Electronics (RELL) is a provider of engineered solutions, customized display solutions, and power grid and microwave tubes that has a huge amount of cash per share, $9.50 in cash and the stock trades at only 12.22. This debt free company trades at 26 times forward earnings.

If you like specialized stock lists like this, check out the free lists at WallStreetNewsNetwork.com, which can be downloaded, updated, and sorted.

Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com

Stocks With Lots of Cash

Lots of cash is great, whether you are an individual or a company. One key statistic that value investors examine who look at value stocks is the cash per share. The cash per share is determined by taking all the cash on the company's book divided by all the shares that are outstanding. If the price of the stock is below the cash per share, and assuming the company has little or no debt, then it may be a great value investment.

There are plenty of stocks that sell below the cash per share, but you may want to avoid certain ones because they carry huge amounts of debt. A few airlines fall into that category, such as US Airways Group (LCC) and United Continental (UAL), both of which trade way below the cash per share but have debt in the billions.

Fortunately, investors can still find stocks trading below cash with little or no debt. WallStreetNewsNetwork.com just updated its list of stocks selling below cash, which also includes data on the forward price to earnings ratio, the market capitalization, the cash per share, and the total debt.

One example is the Livermore, California based FormFactor, Inc. (FORM), which makes and markets precision and high performance advanced semiconductor wafer probe cards used for testing chips and other devices. The company should continue to benefit from the appetite for microprocessors. This debt-free stock has over $6.25 in cash per share yet closed at only $5.71, a 9% discount. The stock is also selling at a big discount to its book value of 7.48. The stock trades at 1.61 times sales. The company reported a net loss of 1.17 per share for the latest quarter, but generated a 10% increase in revenues.

Another example is Digital River Inc. (DRIV), a Minnesota based outsourcer of e-commerce solutions, primarily online sales channel capability. The stock trades at 15.43 trading at a 13% discount to its cash per share of 17.79 and its book value of 17.74. The stock trades at 12.7 times forward earnings, and 1.51 times sales, with revenues rising 123%. The does have some debt in the mount of $354 million.

For a list of stocks trading below cash per share, which you can update and sort, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Stocks Selling Below Cash per Share

One metric that value investors look at is the amount of cash per share, in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. Then if you compare that cash per share to the stocks price, and if the cash exceeds the stock price, then you might have found a very favorable investment.

You obviously have to look at other factors and metrics, but finding the stocks below cash could be a good starting point. WallStreetNewsNetwork.com just updated its list of stocks selling below cash, which also includes data on the forward price to earnings ratio and the total debt.

One example is Investment Technology Group, Inc. (ITG) is a financial markets technology firm which is primarily sold to hedge funds and asset management companies. The company produced POSIT, the industry’s second anonymous electronic trade matching system, in 1987. ITG also markets tools for portfolio management, pre-trade analysis, order management, trade execution, and post-trade evaluation. The company has about $32 in cash per share and trades at 14 per share. The stock trades at 12.1 times forward earnings and total debt amounting to $34.2 million. Earnings per share increased by 13.2% for the latest quarter on a 2.3% increase in revenues.

Xinyuan Real Estate Co., Ltd. (XIN) is a China based residential real estate development business, and provider of property management services. The stock is trading at 2.22, about a 41% discount to cash per share of 3.76. The company has a forward price to earnings ratio of 2 and total debt of $323.5 million. Earnings for the latest quarter were down 2.1% on a 17.1% reduction in revenues.

For a list of stocks trading below cash per share, which you can update and sort, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Stocks Selling Near Cash and Debt Free

Being debt free, either from a personal standpoint or a corporate standpoint, can carry many financial advantages. Which means that debt free stocks selling at or near cash can be a very favorable investment. These are stocks which have virtually no debt and are trading close to the amount of cash the company has per share. Without any debt and a lot of cash,the company would be unlikely to go out of business, unless it is a biotech with a high burn rate. Also, the cash can make the company a possible takeover candidate.

WallStreetNewsNetwork.com just updated its list of Stocks Selling Near Cash and Debt Free, which shows the recent price, market cap, cash per share, forward PE, and cash per share ratio.

As an example, Sycamore Networks Inc. (SCMR), which is in the intelligent bandwidth solution business, trades at less than $24 per share yet has over $15 in cash per share. The company is debt free.

WellCare Health Plans, Inc. (WCG) is another stock with lots of cash. This debt-free managed health-care services company, which sells for less than $41 per share, has a significant 34.50 per share in cash. The stock trades at 13 times forward earnings.

To see the other stocks selling near cash and debt free, which include a couple stocks trading for less than their cash per share, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above stocks at the time the article was written.

By Stockerblog.com

Low Price to Cash Ratio with No Debt Stocks

What stock could be better than a company that is debt free and is trading at a price that is below the amount of cash they have per share. In other words, if the company went out of business, it wouldn't have any debts to pay off, and even if they couldn't sell off any of their assets, just the cash in the banks alone would be more than enough to give the investors a profit. The company would have to lose money at an incredible burn rate in order for the investor to lose money. So do such stocks exist? Yes, WallStreetNewsNetwork.com has come up with its latest downloadable and sortable list of debt free stocks selling close to cash per share. Here are a few examples:

Sycamore Networks (SCMR) is a debt free company recently traded at 2.56, an 8% discount to its cash per share of 2.79.

optionsXpress Hold (OXPS) is trading right about at its cash per share. The stock has a forward P/E ratio of 7.62 and has no debt.

FormFactor (FORM) was recently trading at 14.96, close to its cash per share of 10.66 per share. The company has no debt.

For a list of 17 stocks with no or low debt that are trading around cash per share, go to wsnn.com. The list is in the form of an Excel spreadsheet, which can be added to, sorted, and changed.

Author does not own any of the above.

By Stockerblog.com