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Posted by
Two Blokes Jun 11 -
Filed in
Stock
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8 views
Legacy Housing operates in a niche market, offering affordable tiny and manufactured homes, with a strong value proposition and low debt profile. Recent financial performance has been weak due to economic headwinds, with declining revenues and unit sales, but profitability remains solid thanks to land sales. Despite near-term challenges and a higher forward valuation, I see long-term upside as the company is well-positioned for an eventual economic recovery.