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jaybird249

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jaybird249

Re: None

Saturday, 08/31/2013 5:26:24 PM

Saturday, August 31, 2013 5:26:24 PM

Post# of 10586
ENG ($1.20) $20 MM asset sale after hours should run Tuesday

http://finance.yahoo.com/news/englobal-finalizes-sale-gulf-coast-213500355.html

This energy service stock offers a compelling valuation after this sale:

-$1.10 per share current assets and no debt

-Retains its most profitable segment with operations in Houston and Midwest

-Historically traded as high as $14 when it was profitable

-Small tightly held 23 MM float

-Some of the smartest hedge funds like Renaissance hold stakes
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