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Bel Fuse Inc. (BELFB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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14.41+0.75 (+5.49%)
At close: 4:00PM EDT
14.41 -0.00 (-0.00%)
After hours: 04:17PM EDT
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  • R
    Rachel
    This is a very Bullish Chart, sirs! 💰💵📈

    https://stockreport.tips/Bullish-Charts
    Bullish
  • D
    Dustin
    This guy has been making wild moves lately
  • H
    Harry
    Wow why the big pop today?? Earnings on Monday. Think it'll be a decent report and they've got an easy comp. But the commentary is likely to be cautious given all the component shortages.
  • R
    Rorch
    For those who have followed my previous posts over the past many years I have now made another move.

    I have re-entered a BELFB position at a average price of $11.12 thus far this morning.
    Will evaluate further buying if significant downward movement takes place,.

    My previous exit was on Feb. 19, 2016 at average price $27.47 as indicated in below posts.
    My goal is to own this position for a 5 years gain averaging more than 10% annual.
    However I may find a earlier exit as was the case last time when I entered at $13.50 before exiting at $27.47.

    I have followed this stock for 19 years and tend to see patterns such as this repeat.
  • N
    Nathan
    Is this going to keep dropping until-if the COVID situation improves and then business, employment and economies?
    That is "if" the economies recover, being that they were heading towards problems even before the COVID pandemic.
    BTW, is there anyone else watching Bel Fuse?
  • N
    Nathan
    Is anyone lurking in his message board? The last time a bought and sold this stock was in the summer of 2007.
    I'm not sure why I didn't check it every so often to see if here was another opportunity for an entry point since then.
    Perhaps it's because the volume is so low that it is difficult to buy and sell an order in a day, and because there is usually a HUGE Gap between the Bid and Ask prices.
    This is one of two stocks I have bought and sold several times for over 20 years, and is the ONLY stock I have always made a profit on.
  • j
    jeff
    I had to add this.morning. Very close to a 20 year low and back where it was at the bottom in 08/09. The market sure hates it but this has to be a rare buying opportunity. That's my story and I'm sticking with it.
  • H
    Harry
    How has this EV play not been discovered by Wall Street yet?? Terrific opportunity here imo. BELFB is super cheap based on their fundamentals. Big earnings turnaround the past 2 quarters, higher margins & lower expenses, tons of cash on the balance sheet...stock should be in the $20's. Then check out the Needham investor presentation last month. They said Tesla is a customer! The guy even says BELFB fuses go into every vehicle Tesla makes (hello!!). They also talk about how a lot of their EV customers are in a prototype stage right now, and will be ramping up to a production stage in the coming year or 2. Exciting stuff! With everything EV on fire lately, and so many absurd valuations in the sector (companies with no revenues having market caps in the billions)...BELFB sure looks like a steal around $16.
  • Y
    Yahoo Finance Insights
    Bel Fuse is up 7.78% to 18.00
  • R
    Rorch
    Hmm...$21.95

    If I may, take a look at my post back on February 19th under the my prior board name "bran_in_my_jello
    Looks like I hit it close to right
    ---------------------------------------------------------------------
    bran_in_my_jello • Feb 19, 2016 4:21 PM Remove 0users liked this postsusers disliked this posts1Reply
    Well there you go... Did you take the opportunity at $13.50?
    Lets look at my prior posts..
    January 13 -- "I'd say at $14 or anything lower, say 13.75, you stand a fair chance of being over $18 within 3 years, a annualized return of 10%. Might not get to $13.75 but you have to be ready to pull the trigger at some specific point. $14.50, or $13.75, or even $12.50.
    Have your entry point well defined.
    I don't think $11.50 is in the cards."

    As I said before, I last sold at $38.70 after management fended off a $42 offer. Good move my part.
    Now, while I'm not too keen on management, today and on a few previous days there have been good entry points.
    Today, you had the opportunity to get in at $13.50... some even below that.
    That price, $13.50, was good enough for me. Might go down a buck or two , but as you know, you never catch the bottom.
    I'm back in and am willing to wait 2 to 5 years for a solid return.

    We'll see how it goes.
    -----------------------------------------------------------------------
  • A
    Anonymous
    A truly strange price..

    As a former long in BELFB shares, I confess to being utterly mystified by the current price. I will offer two comments of varying length, but as always, you have to make up your own mind. Investing is hard.

    1) Two years ago, the company radically altered its profile and balance sheet by taking on a large amount of debt to make two substantial acquisitions. I supported these in hopes that the larger footprint and economies of scale would be dramatically accretive to the earnings power of the company. As we know,the businesses they bought rapidly deteriorated to the point that about half of the value was written off after 18 months. Of course, the debt still remains.

    And yet, the market is claiming that the firm is worth about 25% MORE than before the deals. This makes no sense to me on any level.

    2) Because of the eventual intangible asset writedown, the company was required by its auditors to go through a very detailed valuation exercise in order to determine the amount of the writedown. If you look in the 10-Q filed with the SEC, the footnotes contain a great deal of information about the parameters used during this exercise. Applying this information to the company's actual results, I keep coming up with a value per share of about $15-17. I suppose I could be wrong, but I doubt by 100%.

    There has been a huge amount of money flowing into microcap index funds, and I suppose that could continue to buoy the shares. I just prefer to focus on fundamentals and I have great disdain for momentum and trend following strategies.

    I am not a short seller, just a confused little investor.
  • Y
    Yahoo Finance Insights
    BELFB is up 12.55% to 25.77
  • Y
    Yahoo Finance Insights
    BELFB is up 5.15% to 19.40
  • Y
    Yahoo Finance Insights
    BELFB is up 7.73% to 23.70
  • Y
    Yahoo Finance Insights
    BELFB is up 5.32% to 22.17
  • Y
    Yahoo Finance Insights
    BELFB is up 6.80% to 21.20
  • Y
    Yahoo Finance Insights
    BELFB is up 5.41% to 20.45
  • Y
    Yahoo Finance Insights
    BELFB is up 6.96% to 23.05
  • Y
    Yahoo Finance Insights
    BELFB is up 5.20% to 18.20
  • Y
    Yahoo Finance Insights
    BELFA is up 8.53% to 18.32