mitchdevan

RELL $10 - $25 Value

Long
NASDAQ:RELL   Richardson Electronics, Ltd
The company has $46m, or $3.46 a share, in cash and net current assets of about $106 million or about $8 a share. The companies liquidation value is about $10 per share.

Companies like this can sell for 1.2 to 2.5 times revenue. RELL’s revenue per share is $11.72. The potential of the stock moving from being perceived as a value stock to a growth stock will increase with each quarterly report if the company continues improving revenue with outstanding margins,



$10 is the low end valuation

$25 is the high end valuation