Nam-Tai Electronics (NTE) is a firm whose primary business - the development of Liquid Crystal Modules ("LCM") - is now under significant threat. The firm had seen expanding gross margins and explosive sales growth as a result of supplying LCMs to Apple (AAPL). Unfortunately, Nam-Tai threatened to shutter production of its core product line as it had been looking increasingly less likely that the company could maintain operations at a gross profit level that was acceptable. While the core business comes under significant risk, the firm has a 520,000 square foot parcel of land that could potentially be a saving grace should it be properly monetized.
What's The Land Worth?
The 520,000 square foot...
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