Manufactured Housing Properties Inc. (MHPC)

[littlefish]

10bagger- I think there were some potential but not well quantified legal items with Triumph. That said, this still looks potentially interesting especially if they can turn a profit in Q1.

They trade well under book although my guess is that's a combination of the illiquidity and the potential to not be able to fully collect on what is owed them from the sale of Dacca and/or possibly legal risk.
Then again, it seems like they have a pretty clear case to collect that money if they can and it is hard to know what the liability side is with Triumph (if any ultimately).
And that's like $1.6+ million the Dacca buyer still owes. A big amount conisdering the very small market cap here.

An interesting spec play here IMO just doing some cursory glancing at it. It should be one to watch and see what happens both on the ops side in Q1 (from the rework done) and from the potential collections side if they can settle or collect on what is still owed them.


If they do both that would be interesting. Potentially a company trading at a fraction of book and being profitable in the O&G sector with low float and tiny market cap.

All IMO.