Steel Connect, Inc. STCN
At closeJan 2, 2025, 4:00 PM EST
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Discussion (25)
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What a dumpster fire. Cannot even hold a .10 gain....
Wow. Taking a big dump after hours...
What a POS
Our best idea for 2021 is Steel Connect (STCN). STCN, the holding company of IWCO Direct and ModusLink, is an under-followed, small-cap special situation worth at least $3.00-4.00 per share. STCN trades at an 18% earnings yield, 121% free cash flow yield and has $2.00-3.00 per share of hidden value in its $2.1 billion of NOLs. Steel Partners Holdings (SPLP) has proposed buying the 62% of shares it doesn’t already own. Houlihan Lokey and Dentons have been engaged as advisors. PM or email matt@hillandaleadvisors.com for the full report.
@SumZero: Update by @MattH203 on their idea on $STCN, up 3.48% this morning. BuySide & Elite members can access -- login to read: sumzero.com/pro/research/i…. (Lite and Premium members: this idea is not included in your tier).
