Obscure Stocks

Obscure Stocks Annual Review

Updates on profiled companies

Jan 13 • Obscure Stocks

27

3

1

October 2025

New England Realty Associates - NYSE:NEN

The Colonial Deal

Oct 27, 2025 • Obscure Stocks

26

10

2

September 2025

The Logan Clay Products Company - OTC:LGNC

Logan Clay is a consistently profitable, niche industrial business that trades on the OTC expert market.

Sep 26, 2025 • Obscure Stocks

26

2

2

Ranch-to-Market

Queen City Investments - OTC:QUCT

Sep 5, 2025 • Obscure Stocks

16

3

1

American Biltrite - OTC:ABLT

Today’s stock is another one of those unusual and tiny companies that almost no one follows: American Biltrite.

Sep 3, 2025 • Obscure Stocks

10

1

1

May 2025

Cheap stock(s) within a cheap stock

Nanocap asset management business at 40% NCAV with a potential activist angle.

May 30, 2025 • Obscure Stocks

15

3

March 2025

California Orchard Company - OTC:CAOX

Most OTC-traded companies are relatively unknown; California Orchard Company is downright undercover.

Mar 12, 2025 • Obscure Stocks

31

5

1

Nankai Plywood - TYO:7887

Profitable net-net: 80-year old building materials business trades at 0.2x tangible book value, 50% insider ownership.

Mar 2, 2025 • Obscure Stocks

23

February 2025

DallasNews Corporation - DALN

I believe DALN’s risk/reward setup has once again become attractive enough to warrant a brief follow-up.

Feb 19, 2025 • Obscure Stocks

12

6

2

A.D. Makepeace Company - OTC:MAKE

170-year old family-controlled company trading at one-third of book value

Feb 10, 2025 • Obscure Stocks

25

4

1

January 2025

FP Newspapers Inc. - FP-V

Dominant local media business offers a deep value opportunity. Hidden assets and consistent cash flow—too cheap to ignore.

Jan 24, 2025 • Obscure Stocks

16

6

3

Observations from a de-SPAC liquidation.

~$5 million market cap bankruptcy estate that could be worth approximately $20 million with additional upside potential from a shareholder lawsuit

Jan 1, 2025 • Obscure Stocks

13

7

2