PIKN up 2% today but still trading around 0.8x book value which feels cheap if they can stabilise that oper…by @bombay_coach on $PIKN

PIKN up 2% today but still trading around 0.8x book value which feels cheap if they can stabilise that operating margin. The dividend yield is sitting north of 6% though, so you're getting paid to wait while they work through the competitive intensity.