Starrett L S Co (NYSE:SCX)

CAPS Rating: 5 out of 5

The Company is engaged in the business of manufacturing industrial, professional and consumer measuring and cutting tools and related products.

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Member Avatar foolfully (70.37) Submitted: 6/8/2012 4:08:57 PM : Outperform Start Price: $10.23 SCX Score: +17.34

100

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Member Avatar Afropuffashion (< 20) Submitted: 3/5/2009 2:06:01 PM : Outperform Start Price: $5.14 SCX Score: +35.66

Precision tools are a niche market, good base

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Member Avatar natward (95.01) Submitted: 2/15/2009 6:10:59 PM : Outperform Start Price: $9.65 SCX Score: -71.13

big movement upward predicted

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Member Avatar fiberman7 (< 20) Submitted: 12/2/2008 7:33:05 PM : Outperform Start Price: $9.75 SCX Score: -56.51

long term hold

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Member Avatar Rep07 (26.90) Submitted: 10/9/2008 4:34:03 PM : Outperform Start Price: $9.75 SCX Score: -56.51

Value pick: div, low debt, near book, solid.

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Member Avatar Sqwii (< 20) Submitted: 6/30/2008 12:43:29 PM : Outperform Start Price: $19.48 SCX Score: -67.27

Stock pursuit
LS Starrett (SCX) makes tools for metalworking companies,aviation,farm equipment shops etc. The stock sells for about 80% of book value. They pay a dividend with a 2% current yield and trade for 12 times earnings.

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Member Avatar Plutoniumhead (< 20) Submitted: 4/11/2008 12:09:43 AM : Outperform Start Price: $15.87 SCX Score: -42.61

L.S. Starrett is a boring little small cap company that manufactures and sells precision tools and measuring instruments and devices which is selling below book value, has very little debt, the officers and directors own a significant amount of the shares with considerable institutional ownership. Starrett’s instruments and devices set the standard for the industry in the USA and the company has been in business for over 120 years. This is a stock to buy if you would not mind owning for several years, no matter what the price does in the short term.

The numbers:

Cash: 32M
Debt: 13.92M
Price/Book: 0.69
Book Value per Share: 28.17
Insider Ownership: 18.4%
Institutional Ownership: 44.8%

This stock will not be a ten-bagger but would be one that Walter Schloss would be interested in.

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Member Avatar Stocks1843 (66.24) Submitted: 6/3/2007 1:45:40 AM : Outperform Start Price: $13.42 SCX Score: -9.29

Graham and Dodd might not approve, but the company trades at its current assets. So long as the rest of the assets can cover the small amount of debt, the company's break up value is more than its current Market Cap. If the company can return to past profitability than this stock is definitely a value. I do not know anything about SCX's operations but profit seems very likely in the near future

Results 1 - 8 of 8

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