Awilco Drilling (OTC:AWLCF) is the most undervalued company in the world at this moment. It has a unique combination of an extremely low valuation, high quality free cash flow, and a high dividend yield, which is 19.77% as of this writing.
Here are my estimates:
I place Enterprise Value at $600 million next quarter as cash piles up on the balance sheet and interest-bearing debt decreases as a result of healthy cash flow.
I believe that free cash flow will easily hit $150 million annually in 2014, giving the company a valuation of 4X EV / Free Cash Flow. This is truly outstanding. I have rarely seen companies at such a valuation,...