This stock is significantly undervalued. Trading at .12x price/book with a fleet of 47 ships, this company has a huge safety margin of assets to navigate through a global lull in the shipping industry.
Fools bullish on EXM
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Great book value, continually growing Ebit-da, growing revenues, but there is way to much debt. and there is no promise of it being paid off anytime soon or of them recovering their book value do to its acidity (Quick ratio of .4) stay away. Possible… More
Fools bearish on EXM
are also bearish on: