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OldAIMGuy

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Re: gcmbrokers post# 181

Friday, 05/03/2019 8:59:58 AM

Friday, May 03, 2019 8:59:58 AM

Post# of 394
It's down 41% from a year ago. Dividend cut severely last Quarter. Lost big money on a write down. However, Price/Book Value is now just 0.75 or one of the lowest for a company of this size. They're looking to sell off several business units so that will affect BV.

Effective yield even with the dividend cut is now over 7.5%/yr.

Bilge pumps are running
Leaks are being caulked and sealed
How long 'til ship rights?

Buy from the Scared; Sell to the Greedy.....

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