Midas, Inc. (NYSE:MDS)13D Filing by RGM Capital, LLCRGM revealed today that it had accumulated a 5.11% stake in the company. Although the disclosure is fairly standard, it is worth noting that the fund focuses on value investments in small cap companies. MDS is currently trading below enterprise value with margins that beat their industry and earnings that are continuing to recover.
Moscow CableCom Corp. (NDAQ:MOCC)13D/A Filing by Renova Media Enterprises Ltd.Renova revealed today that it is interested in acquiring MOCC at $10.80 in an all-cash offer. The Board is currently reviewing the offer with independent financial advisors; however, it is worth noting that Renova already holds a 43% stake in the company with a 61% share of its capital on a diluted basis. The stock is currently trading at $11 as some may be speculating a higher offer in the future.
Nautilus, Inc. (NYSE:NLS)13D Filing by Sun Capital SecuritiesSun Capital Securities revealed today that it has accumulated a 5.2% stake in Nautilus, Inc. Although the fund did not disclose any unusual plans, there was a bit of speculation today since Sun is fresh off its dealings with TALK, after it withdrew its $9/share bid for the company. Nautilus is up 5% today after it announced its quarterly results where it dropped underperforming units to boost the company's earnings.