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VOXX - VOXX International: Another Disappointing Quarter
VOXX International Corporation
For VOXX International (VOXX), the investment case is reasonably clear at this point. Investors can argue about the exact value of the company's assets, but even conservative SOTP analyses suggest 100%+ upside from Tuesday's close of $4.49. The problem is that most reasonable investors — even those like myself who are long the stock — don't trust management to realize that value for shareholders.
Indeed, VOXX has seen a series of increasingly contentious conference calls in recent quarters. The transcript of the annual meeting in July is uncomfortable to read, which raises the