MRM 0.00% 33.0¢ mma offshore limited

ummmmmmmm........ the "father" of security analysis...

  1. 3,607 Posts.
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    ummmmmmmm........

    the "father" of security analysis

    http://www.bookdepository.com/Secur...780071592536&gclid=CPbG5ee6uM4CFYGYvAodaKgLuQ

    imho - B.G. would classify this company as "distressed" ......but also a "cigar-butt" type investment  (ie its a call over the oil price). it offers margin of safety (asset coverage), and high leverage to eventual rebound in earnings ........

    he would also recognise the hole in the bal sheet ......

    rgds
    V_H
 
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Currently unlisted public company.

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