BuyTheDip SellTheRip
Contrarian, event-driven, special situations

Unilens Vision: 50% Near-Term Upside With Long-Term Multibagger Potential


Unilens Vision ((OTCQX:UVIC)) is a micro-cap contact lens manufacturer headquartered in Florida. The company has an internal manufacturing operation (~75% of total revenue) which I could care less about for the purposes of this idea: the real value resides within UVIC's licensing arrangement with Bausch & Lomb, whereby B+L is entitled to use UVIC's multifocal technology on a worldwide exclusive basis in exchange for 2-5% of net product sales. Historically this royalty stream has accounted for over 30% of UVIC's total revenues, but tailed off in recent years due to market share contraction at Bausch. Bausch's new owner as of August 2013, Valeant (NYSE:VRX) has reinvigorated the company via aggressive new product launches, resulting in...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details