Actions Semiconductor: A True Value Play
Yes, believe it are not, there are stocks that I like along with the many I dislike. Some of these preferred stocks are even in China. Actions Semiconductor, with $208 million of cash to support its lofty (not) market cap of $170 million is one of those. Is the Actions Semiconductor business worth the -$38 million valuation the market has given it? I argue no in this article.