All of these companies have very substantial amounts of cash or cash equivalents on their balance sheets. Some of these companies are even trading below their cash values, giving them a negative enterprise value. Enterprise value is basically the total market capitalization plus debt, less cash.
Some of these companies are losing money, or have other problems and that can be why the market seems to be ignoring them. But, due to their extremely high cash balances, some of them might be lower risk investments or potential turnaround stocks. They might even be interesting takeover targets since an acquiring company can buy cash rich companies more easily than debt laden companies. Here are the companies:
Actions Semiconductor Co., (ACTS) shares are trading for $2.09. Actions is a semiconductor company, based in China. The 52 week range for these shares is $1.83 to $2.60. The book value is stated at $3.77.
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Samantha Mathis Samantha Morton Grace Park Jill Wagner Susie Castillo
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