The Deep Value Week – 2025/22
Product Launch, Insider Buying and Operational Changes
Market: 4
Companies mentioned:
· Natural Alternatives (NAII) - Kaged Launches Pre-Workout MAX Featuring TriBsyn™ and MAXCatalyst™
· Good Times Restaurants (GTIM) - Director Jason Maceda Buys 3,800 Shares at $1.58
· Hooker Furnishings (HOFT) - Optimizes Supply Chain by Opening Vietnam Warehouse, Exiting Georgia
“Graham’s Geiger counter”
Benjamin Graham suggested that one way to measure the valuation of the overall market was to assess the number of net-nets available. When many such opportunities exist, it indicates a cheap market overall, while their absence suggests that the market is expensive. Today’s net-nets, however, are not the same as Graham’s net-nets. Many are un-investable being Chinese RTO’s, loss-making biopharma’s etc. But we do think it is interesting to follow this number over time, and what percentage of total listed stocks qualify as a “naked” net-net without any type of quality adjustments to make them investable. Below is a net-net screen from Stockopedia.
Natural Alternatives (NAII) - Kaged Launches Pre-Workout MAX Featuring TriBsyn™ and MAXCatalyst™
P/TB 0.27 │ URL
Kaged, a U.S.-based sports nutrition company, has announced the August 2025 national launch of Pre-Workout MAX at The Vitamin Shoppe, aiming to raise the bar in high-performance pre-workouts. The product features two novel ingredients: MAXCatalyst™, a patented black pepper extract that boosts nutrient absorption, and TriBsyn™, a new, tingle-free form of beta-alanine with four times the absorption rate of standard beta-alanine. Pre-Workout MAX is formulated for both elite athletes and general fitness users, offering clean energy, improved focus, and enhanced performance. The supplement is Informed Sport certified, naturally flavored and colored, and initially available in Blue Raspberry and Watermelon flavors. Kaged plans to support the launch with national marketing and influencer-driven campaigns, reinforcing its brand promise to combine science, innovation, and transparency.
Good Times Restaurants (GTIM) - Director Jason Maceda Buys 3,800 Shares at $1.58
P/TB 0.78 │ URL
On May 22, 2025, Jason Maceda, a director of Good Times Restaurants Inc. (GTIM), acquired 3,800 shares of common stock at a price of $1.58 per share, as reported in a Form 4 filing with the SEC. Following this transaction, Maceda holds a total of 56,176 shares directly.
Hooker Furnishings (HOFT) - Optimizes Supply Chain by Opening Vietnam Warehouse, Exiting Georgia
P/TB 0.63 │ URL
Hooker Furnishings is restructuring its logistics operations by opening a new warehouse in Vietnam and closing its Savannah, Georgia facility, which previously stored low-margin inventory. The move is expected to save up to $1 million in FY2026 and streamline operations by reducing domestic safety stock needs. The Vietnam site, aligning with Hooker’s sourcing strategy—76% of imports in FY2025 came from Vietnam—will enable faster fulfillment (4–6 weeks lead time vs. six months), container mixing, and better margin control. The company incurred a $1.3m inventory writedown related to the Savannah exit and will not relocate end-of-life products due to high moving costs. CEO Jeremy Hoff highlighted the Vietnam warehouse as a key enabler for improved product flow and ROI.
The writer may own shares of the companies mentioned. This communication is for informational purposes only. AI helped us with this. Check important info.