I remember reading an interview with Phil Carret who was talking...

I remember reading an interview with Phil Carret who was talking about how he owned shares in a bridge company that was dead set boring, but quite undervalued. He was okay with sitting on it until the thing came good.
The company has a plan, which is to use the capital they have intelligently and in the best interests of shareholders.
To me they trade at discount because the market doesn't see them as a going concern; however, as soon as they present a business plan with solid ideas underpinning them then we will see a re-rating.
Given it is buyers market, you would think whatever they buy it will turn a decent profit eventually.
For now though it is too far away; however, I am okay hanging on in anticipation that future will be clear and profitable.