Whopper Investments
Deep value, special situations, event-driven, arbitrage

It's Time For A Dip In Lakeland

Quick Summary: Lakeland has had a disastrous past eighteen months that have caused huge losses and a going concern fear. However, a look through the headlines reveals that most of their underlying business is growing and growing strongly. In fact, it seems likely the company could be setting record earnings within the next year as all of the expenses from the extraordinary items in the past year fade away. With the stock trading for a huge discount to NCAV (net current assets less all liabilities), book value, and its likely value to a competitor, Lakeland represents a very attractive risk / reward at today's levels. However, please be aware this is a microcap stock. While it is relatively liquid for...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details