Thank you @smalldog there are some key takeaways from that interview which convey to me that this stock is quite a growth story. Those keys are :- 1. that their penetration of their overseas markets is very much still in its infancy from both a volume and product perspective 2. their processes are largely protected by global patents 3. commodity prices seem irrelevant as a percentage of their operations 4. there are large barriers to entry for competitors. 5. some of these keys add up to building a reasonable moat for themselves.
The whole of the interview revolved around nothing but further growth - not only organically but with the use of acquisitions funded by strong free cashflow. I will say it again - it's hard to see why the SP languishes. The company is not only 100% ESG themselves but is assisting other industry need to meet suggested ESG targets. They are also into research and development of further and better processes while making a profit. How can they be out of favour?
Maybe it looks so good that it is hard to believe. I do see that there is reason to be somewhat cautious about how the integration of acquisitions plays out and how the accounts look after a period of consolidation but it does look as though they are on the cusp. Undervalued.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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7 | 230641 | 0.325 |
18 | 148830 | 0.320 |
5 | 44678 | 0.315 |
16 | 153318 | 0.310 |
Price($) | Vol. | No. |
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0.340 | 1164 | 1 |
0.345 | 91601 | 4 |
0.350 | 121155 | 6 |
0.355 | 28169 | 1 |
0.360 | 45454 | 2 |
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