Bassett Furniture Industries, Inc. (NASDAQ:BSET)

DeltaVictorBravo (< 20) Submitted: 3/23/2013 9:29:42 PM : Start Price: $15.29 BSET Score: -15.42

Insider and institutional buys, strong surge likely to continue.

42asdf (36.94) Submitted: 3/19/2013 9:11:44 PM : Start Price: $15.54 BSET Score: -17.20

I thought very seriously about putting real money in this a couple of years ago at around $8 a share. I still think it is undervalued, and think the current upward trend will continue.

OklaBoston (< 20) Submitted: 2/27/2013 8:05:40 AM : Start Price: $12.12 BSET Score: -4.19

Gaining support among the All-Stars here, which eases my nervousness over some unimpressive other things which tempt me to end the pick.

Junkyardhawg1985 (85.61) Submitted: 1/22/2013 11:22:21 AM : Start Price: $13.40 BSET Score: -8.13

Trades below net tangible assets, growing revenue double digits, an EV/revenue below 0.5, and a low P/E. They are also buying back shares. Strong net cash position.

dunloggin (74.30) Submitted: 9/2/2012 2:14:29 PM : Start Price: $10.78 BSET Score: +10.70

Long term, it pays dividend, plus a couple of special dividends.

innovatebase (< 20) Submitted: 6/11/2012 12:20:35 PM : Start Price: $8.39 BSET Score: +40.30

Yes

Staka (98.29) Submitted: 6/3/2012 5:29:55 AM : Start Price: $8.11 BSET Score: +41.71

Positive:
- Below tangible book, almost no debt
- Recent momentum in stock price
- No big danger of going bancrupt even in strong recession due to clean balance sheet
- Good management who quickly purges underperforming stores and looks for new growth elsewhere
- They pay a dividend and (correctly at this price) buy back stock

Negative:
- Could go a lot lower in a recession due to high beta and cyclical business
- Housing will remain a problem for a long time to come and not contribute to additional growth for Bassett

Category: R13BRm

LPStocks9086 (98.31) Submitted: 4/17/2012 12:04:46 AM : Start Price: $9.48 BSET Score: +25.93

Good Earnings, Quality Product, Growing Market Cap, Good P/E Ratios, Solid investment

eatenbybears (31.67) Submitted: 3/22/2012 1:12:41 PM : Start Price: $7.81 BSET Score: +58.35

The company has had a huge cash inflow from the earlier sale. There is another potential $9 million from the trade suit with China.

They have really focused on closing bad stores and cleaning up the books.

Housing seems to be on a slow uptick. If money becomes more available and if mortgage rates begin to show a bit of a rise, there could be an influx of buyer trying to pick up homes at the bottom.

There is a older, small neighborhood near mine. A flipper came in, picked up a bank sale at $90,000, put in about $10,000 in landscaping and paint. listed and $170,000 and sold the first week shown at $166,000. (1400 sf with pool)

Market may be creaping back on the lower end.

vteye (76.71) Submitted: 11/25/2011 1:51:45 PM : Start Price: $6.54 BSET Score: +73.86

Looking for bargains. This looks like one with good balance sheet and low price.

RoboInvestor5000 (< 20) Submitted: 2/24/2011 11:40:07 AM : Start Price: $5.49 BSET Score: -125.29

(MS/JJ) seriously?

supercoffee (95.57) Submitted: 10/6/2008 2:42:31 PM : Start Price: $6.11 BSET Score: -58.80

worst furtniture store ever

godsmacks1 (< 20) Submitted: 12/21/2007 4:40:28 AM : Start Price: $6.13 BSET Score: -108.60

home furnishings and fixture sector

mortgage problems kills furnishings

slip1000 (< 20) Submitted: 6/19/2007 10:38:55 AM : Start Price: $9.32 BSET Score: +34.57

price less than book value, makes it a buyout target during a down cycle in consumer goods

IBDFool4U (94.98) Submitted: 5/8/2007 6:41:44 PM : Start Price: $9.31 BSET Score: -32.56

Revenues dropping, earnings dropping. People already bought the furniture they need for their new houses, and now they are spending their money servicing that debt.

As Mr. Burns would say,"Release the hounds".