No, I don't expect an immediate recovery in MRM but with OPEC...

No, I don't expect an immediate recovery in MRM but with OPEC now supporting oil there are compelling macro economic dynamics that should lead to more exploration and discovery, all of which, are supported by MRM's services. so when things do improve MRM will be amongst the first service industries to benefit by - 1. Towing semi subs from around the globe 2. Supporting deepwater seismic through chase boat services. This is a 24/7 service that includes refuelling at sea , stores and provision supplies and, in some cases, personnel transfers etc. 3. 24/7 support for semi subs whilst on location drilling by 1. Anchor handling. 2. Towing operations 3. Stores, provisions and personnel transfers 4. Emergency support in event of accidents, fires etc.
For me the base dynamic, oil, had to improve in price. It's just like farmers investing and ramping up production if dairy, grain , beef , wool etc. prices increase. Without price support from the base commodity the industry will struggle, as it has. But this is changing OPEC have changed their approach and oil will grind higher........the good news will start to filter from MRM and increase exponentially in the years ahead.
I have serious skin in the game so have a vested interest in voicing my optimism. what I don't understand, and never have, is why people with no financial interest or belief in a company waste their lives posting on stock forums warning investors to stay away or sell. Large broking houses can short stock like MRM but individual investors are unlikely to be able to short smaller stocks like MRM.
Anyway, my experience and knowledge of this industry, over 40 years, tells me MRM will turn the corner and many naysayers will look back in a few years and rue the missed opportunity.