Interesting comment about the margin squeezing. It does sound...

Interesting comment about the margin squeezing. It does sound like their automation investments were a failure.

Screwing subbies only works for so long. Eventually The screwer eliminates the weaker subbies/suppliers and can only choose from the more expensive suppliers. These suppliers realize they have an upper hand and fix prices higher. Rinse and repeat every 5-10 years. It seems more logical to me that ccl and pfl are suffering from increased competition due to low exchange rates making cheap imports cheaper plus possibly some subpar investments such as the pfl automation drive.

Glad to note there are other bargain hunters looking at the stock closely.