SRS 0.00% 7.1¢ spicers limited

growing packaging and signage, page-2

  1. 5,980 Posts.
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    Wild Bill

    There is no doubt Paperlinx know how to sell product .

    4 Billion in turnover in a market that has shrunk dramatically is massive , they just need to maintain revenue at more realistic margins , AND diversify in to products that are a much higher margin products such as packaging and digital print

    If they can buy bulk paper from the mills at lower prices , reduce debt carrying cost ,reduce staff and other expenses like Toby and crew overdid , and finally get little increases to their sales without losing market share PPX has a chance a once again becoming operationally positive , and seeing everyone Win

    This includes staff, shareholders, the board , banks , suppliers, clients and Hybrid holders

    Give the new board 12 months and we will see how they go

    IMO under 7c and under $9 is worth a punt

    I hold both

    Looking forward to the AGM on the 15th
 
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