Tuesday, April 3, 2018

Amira Nature Foods: Eating Healthy While Making A 170% Gain In The Rice Industry


Amira Nature Foods is trading at 0.5 book value while ROIC is at 10.7% with a WACC of 7.5%.
Stock over punished due to size, domicile, dark IR, small free float and scarcity of rice-company comparable.
Limited downside using modified net-net of 39% to $2.50 per share.
The controlling shareholder/CEO is aligned to minority shareholders.
I recommend buying ANFI with a target price of $11, offering 168% upside.

Read more on Seeking Alpha

No comments:

Post a Comment

Overstock Wrongly Trading As A Cryptocurrency

Summary A new reference point values tZero at $32 per share, a 15% premium over OSTK shares. In addition, you would receive the reta...