MCEM - Monarch Cement Is Undervalued With A Very Strong Balance Sheet
Monarch Cement (OTCPK:MCEM) is a cement producer with a large plant in Humboldt, Kansas. The company has a significantly-sized plant, producing over a million tons per year of cement. The company went dark (no longer files with the SEC) in 2014, and the shares are traded over the counter. That being said, they file quarterly reports on the OTC website here. The 100+ year history and $181 MM market cap also suggest it is unlikely to be a fly-by-night operation. The stated reason was (as always) to reduce the cost and management