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AP - Ampco-Pittsburgh Corp.


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This company may be interesting to anyone into deep value/cigar butt plays.  In a nutshell, it's currently trading at a price-to-tangible-book of 0.84x.  Despite having positive earnings practically every year over the last decade.


The kicker?  GAMCO (Gabelli) owns 17.5% of the company (~21% of the float) and has been stirring things up recently.


I haven't really researched the company too much, and I don't own it, but it may be worth looking into for the deep value guys out there.

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