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...

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