Share price sharp plunge might be hard to watch. I guess for long term value investors, lesson is "be patient and look at fact". For short term, daily trader, lesson is "investing is like gambling".
I continue to accumulate at small parcel. Book Value seems little relevant in valuing MRM for now, when boats are idled and depreciating from year to year. Cash flow might be more accurate in representing the company's health.
Where is MRM going?, page-197
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