Emerson Radio A Value, But Limited Customer List A RiskRupert Hargreaves
Emerson Radio Corp (NYSEMKT:MSN) currently offers Benjamin Graham style net-nets value, a trait that is hard to find in today's somewhat overstretched market. Emerson recently reported fiscal Q1 2014 results that showed a year-on-year fall in revenue of 46%, however, revenue expanded 7.4% from the previous quarter. Gross income and gross margins fell by around 46% and 100 bps respectively YoY.
Still, Emerson . . .
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