Saj Karsan
Long only, deep value, contrarian

IBI Group: Cheap Debt That's Covered By Current Assets

Shares of IBI Group (OTCPK:IBIBF) have fallen off a cliff, and therefore may be substantially undervalued. Unfortunately, the company carries a decent amount of debt, which means even though the stock's potential upside is large, so is its potential downside!

IBI's debt, however, also trades at a large discount. As ...

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