Thank you for this analysis. I don't like the sector, between a declining envelope business and a commoditised packaging business, but it's true that it looks cheap if it's well managed.
You and me both! Peter Lynch has a great thesis on buying good companies in dying industries, but it's still not as long-term as I typically look for. Thanks for the read, as always!
Thank you for this analysis. I don't like the sector, between a declining envelope business and a commoditised packaging business, but it's true that it looks cheap if it's well managed.
You and me both! Peter Lynch has a great thesis on buying good companies in dying industries, but it's still not as long-term as I typically look for. Thanks for the read, as always!