MVCO
Looks like a real value with the ASK at @ $9.66. Earned $.25 last quarter and had cash value of about $1.90/share and stockholder equity of about $3.70/share as of June 30 with only 3.6 million shares outstanding. IPO'd the construction materials business this week, and the $17+ million of proceeds will stay with RMX, the new company, to pay down debt and fund operations. MVCO held onto 2 million shares that at current price are worth $25.6 million, or $7/share. With the value of cash and the RMX shares approaching $9/share, the construction services business is being priced at less than $1/share. I think it is worth a lot more than that and could have strong earnings on its own.
Tmcal6