stock is trading at 15% discount to tangible book value. Lots of cash flow to occur in next 24 months as Capex should trail Deprecation. Seems like in next 2 years this can get back to $8/ share - thoughts?
BBW sales one product, stuff animal, given they are based on what sells or not. $8 dollar at this point is a far off more like $7 would be a good basis. With the NEW GIRL SCOUT BEAR selling off the shelf with prebooking this looks like a good time to buy under current price of $5.25 with hopes of a good quarter for them.
In summary I would be a buyer at current levels then put in a sell price then stand back and check every now and again. If had the money would by at least 1000 shares and look for $1 per share profit.
I think the new product of the Girlscout bears will (continue to) be a big hit. I think they sold their initial inventories out very fast. However, I do hope they can adaquately meet demand for the product going forward. If I had more funds right now, I think I would take a chance and buy more of BBW for a long term hold.