RE:RE:Insider Data Updated = Worth a Repeat I'm more bullish on this company than when I bought it in 2016.
But the stock isn't following the value here.
- diversifies 85% of its revenue away from oil
- acquired 2-3 competitors in other markets
- offering new industries accomodations at their camps
- disaster relief / covid with short-term contracts
- contracts with pipeline
- upselling with additional services
- lodgelink!!
- company itself buying back shares
- BoD buying up shares
Yet, this thing still sticks to oil stocks like a wet bathing suit. Any negative sentiment in oil seems to take this to a new low.
It's frustrating to see a company with a P/B ratio of 0.4 and still sinking.
I'm expecting this next earnings to be finally in the black and we get a boost and continued up-trend from here. It's a solid company that is executing and the market has punished it for too long.
/rant.