Deep Value Golf Stock

Saturday, May 01, 2010 | 0 comments »

Adams Golf ADGF this little golf club manufacturer that I've talked about a lot in the past has been bottoming out over the past several months and just recently reported their quarter. Revenue was slightly down but EPS was up huge from $.05 to $.21 year over year. They gained some market share in the US.

Net current asset value is $29 million. The market cap is currently right below at the moment at $27 million. So it is in net current asset value territory still at the moment. I bought some the other day at $4.15.
















Just recently broke out of a long trading range and had strong unusual volume.


full disclosure:long ADGF

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