IDT Corp: A Free, Probably Unkown, Low-Cost, and Hard-To-Value High Margin Opportunity
Information Arbitrage?
Introduction
This is another article in a slightly unusual format following up on my free post yesterday about IDT 0.00%↑ Corp.’s earnings. To familiarize you with details of the business I refer you to the extensive 55-page 2021 slide set by AltaFox Capital and the Value Investor’s Club. Compared to back then, the share price is only higher now by 15-20% (and was down a lot over the past 3 years). It seems the market liked yesterday’s update (and rightfully so, but I am biased).
This post is about a free-of-cost high-margin opportunity for one of its subsidiaries that I cannot quantify, but I believe the market is unlikely to be aware of it.
Outline
Statistical Indicators About the Equity
The Unknown Free Option
Conclusion