Micropac Industries (MPAD) looks cheap…very cheap! It trades for $13.5 million despite net cash of $10 million and a profitable history: in the last four years it has total income of around $7 million. I read about this idea at Whopper Investments. If you don’t already subscribe to that site, you should, as it has a number of actionable value ideas weekly.
Rather than just repeat everything he says about Micropac, I’ll link just to his write-up of the company.
Disclosure: No position
