special situations investing

Wednesday, September 13, 2006

Bowlin Travel Half Year Results.

all that matters is that they are positive.

Book value. 12.423 million dollars
shares out. 4.583 million

Book Value per share is 2.71 bucks

The stock has a bid ask price of 1.58 and 1.70....

is it possible that in this day and age a companz with a market cap of 7.8 million and a working capital surplus of 4.7 millon and 2.9 million in cash hoard has a 12.4 millino book value. .all tangiblee.

its a nano cap stock for sure and who knows what will happen to this puppy in say the next 10 years. but it seems like it is rather undervalued.

of course the bowlin family own 60% or so. something like that..

have fun researchign this further.

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