Reader Calvin used the contact form (
Ask Me About Stocks) to ask me about Wee Hur (a stock that TCK blogged previously). He mentioned that he came across an old value investing article on Wee Hur. He also said that at its current price of 26 cents, Wee Hur is almost edging towards net-net zone. Calvin wonders if Wee Hur is worth a buy now on top of their few important healthy ratios?
Based on the latest
Q3 2015 results, Wee Hur's net-net value (
how to calculate net-net) would be $284,503k or 30.9 cents per share. As Calvin pointed out, this is indeed higher than last traded price of 26 cents.
Let's take a deeper look into why Wee Hur's prices had fallen.
Wee Hur's price hit the high of 40 cents in Mar 2015. That coincided ......
