In other words, what is happening with the company to make the stock attractive. The valuation sure looks reasonable. It looks like demand is OK. Can anyone comment on their current situation and outlook going forward???
Buy this & you'll be taken care of. 95% of Contran is owned by trusts to benefit others, eg, chairman Harold Simmons' family & friends & good causes (with Simmons as the sole trustee). Harold Simmons's into philanthropy, just gave away ~$1B over last several years, was heartbroken when he heard Keystone shareholders lost $$$ during recession so is giving us $6.50 per share in cash from his own pocket.
There's a lot of noise in their earnings having to do with non-operating income and losses (mostly pension stuff). That, plus being a thinly-traded OTCBB stock in a commodity business, is enough to scare most people off.
That said, they're very, very cheap by most metrics, I think demand likely isn't getting much worse, and they recently renegotiated their credit facility to allow for more flexibility. This last is key, as the new facility allows them to repurchase stock and/or pay dividends, both of which they're capable of and which would be, in my opinion, a major catalyst.
That's the bullish thesis on which I bought; I'll wait a few years to see whether it plays out.