Well known Value Investor, John Rogers (Ariel Inve
Post# of 40
Posted On: 01/10/2016 1:07:08 AM
Well known Value Investor, John Rogers (Ariel Investments, LLC.) establishes new position in RELL worth $6,807,000 (1,153,810 shares).
"Richardson Electronics, Ltd. (RELL) – trading below cash with no debt, we view Richardson as an extremely mis- priced net asset value situation. The company manufactures and distributes replacement parts used in large electronic equipment in the healthcare, military, scientific, satellite communications, and semiconductor markets. A recent decision to undertake a significant share repurchase program has added to the stock’s appeal."
http://docdro.id/IHBQXN9
https://www.arielinvestments.com
"Richardson Electronics, Ltd. (RELL) – trading below cash with no debt, we view Richardson as an extremely mis- priced net asset value situation. The company manufactures and distributes replacement parts used in large electronic equipment in the healthcare, military, scientific, satellite communications, and semiconductor markets. A recent decision to undertake a significant share repurchase program has added to the stock’s appeal."
http://docdro.id/IHBQXN9
https://www.arielinvestments.com
(0)
(0)Richardson Electronics (RELL) Stock Research Links
"The more numerous any assembly may be, of whatever characters composed, the greater is known to be the ascendancy of passion over reason." - Federalist no. 58
Scroll down for more posts ▼