ValueArtifex
Value, growth at reasonable price, small-cap, long-term horizon

Salem Communications: With A Growing Dividend At A Modest Premium To Book, This Niche Radio Company Deserves Attention

On the Hunt for Bargains

If you have been following my articles lately you will find that I have been very attracted to media businesses. I have recently been focusing a large amount of my efforts on analyzing companies involved in the more "traditional" forms of media for value opportunities as that sector has lapsed from popular attention. Through traditional forms of media are suffering a loss of market share to digital alternatives, I believe that there are considerable bright spots and cases of bargain valuation, particularly for companies that are able to adapt to and thrive in this changing landscape or ones which retain other special types of advantages that ensures a stable future source of business.

The radio...

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