Melcor Developments (MODVF) might be a value trap. It just might. The company continues to execute well and the results speak for themselves. Yet, the stock just goes further into "deep value" territory. That means investors who own this keep losing out on other opportunities. We examine the landscape today after recently declared annual results and give you our take as to whether investors should look for better opportunities elsewhere.
2018 numbers
We expected a strong finish for 2018 for Melcor and the numbers did head in that direction. Melcor's revenues rose versus