JamesBrey
Note from the Author: Nobility Homes, Inc. (OTC:NOBH) does not trade on a major stock exchange and therefore investors may be subjected to extra risks, including an inability to quickly sell a large position should the company begin
Nobility Homes Is In A Position To Take Advantage Of Florida's Need For Affordable Housing
Summary
- Nobility Homes, Inc. has successfully navigated supply chain bottlenecks and price increases on building materials, leading to increased revenues, profit margins, and net income.
- Despite Florida's slowing population growth, there is still a high demand for affordable housing in the state.
- Nobility Homes builds manufactured housing and sells those homes primarily through its Prestige homes centers branded facilities, which are owned by the company.
A value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Follow my Substack The Value Road for even more analysis.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NOBH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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