STR Holdings Inc (fka STRI)

[pili2016]

STRI at 27c is still grossly undervalued with a market cap of $4.5M and $40M equity and about $1.2/share cash after the $6.2M sale of the Malaysia plant.

From Seeekingalpha:

Held a CC with CEO Yorgensen and CFO Vitro yesterday. ......I posted this as comment to your latest article on STRI:
With recent tax $8.3 million from the IRS STRI now has 85c/share cash no debt ;

https://finance.yahoo.com/news/str-holdings-inc-announces-receipt-185132177.html
.
STRI will announce soon a $6.2 M from a Malaysia plant sale upon completion of deal per latest 10Q resulting in $1.2/share cash ( see page 2 "Assets held for sale"):

https://www.sec.gov/Archives/edgar/data/1473597/000117184316011696/f10q_080516p.htm

This will result in STRI having over $20 million cash and no debt and only 18M shares.

CEO told me that things are improving thanks to a new manager in China doing a good job. A couple of significant customers in China are in latest stage of negotiations and announcements are upcoming. Working on improving collections in China. Having to say no to unreliable clients. Organization as lean as it can be. A little more volume and STRI can return to profitable and cash preservation/increase. Looking for merger and acquisition opportunities.

CEO stated that they will resume earnings calls in the near future.
This might be a good time for you to write an update as the 27c pps makes STRI one potentially great investment with vary little downside.