3 Bulgarian Net-Nets (Almost)

Mekom (MKX)

Mekom engages in meat and meat products manufacture and trade.  Most of its production is exported, but it also has a solid market share in Bulgaria, where it works with the major supermarkets.  Or this was the story up until 2010.

At the time of my market scan, it had net current asset value of $14.5m, based on investor.bg data.  The whole c…