RE:same routineIt can certainly be frustrating to own an undervalued stock while waiting for fair value. However, one must have perspective, context and patience to be successful. Overall MBA has held up remarkably well considering the general bloodbath in the markets over the past few months. That's the benefit of owning a company with extremly strong fundamentals. The venture is down over 40%, Canadian banks are getting hammered, oil has crashed, trade war with China... It is completely normal for strong companies to be held down due to overall market weakness. The markets are not always rational and price and value can diverge towards an unsustainable level. These are the opportunites to load up on undervalued / underfollowed stocks while waiting for the next inevitable bull run.
Ultimately, the price WILL reflect value. Once the market bottoms and sentiment changes the next market leaders will be companies like MBA that combine strong fundamentals with growth / cash flow. Honestly, MBA reminds me of companies like Photon Control which bounced around the .60 - .80 range for 2 years before breaking out in 2017 and topping out at 2.50 this past Summer. During those years of price 'stagnation' I remember the boards were just like MBA now, filled with impatience and frustration towards the price. Value will eventually recognized and reflected in price, market dissonance is temporary and one must be poised to capitalize during opportunites like these where great companies are cheap.