Tupperware Brand is an interesting company they made $64m in Q1 and have $1.2B debt. There share price jumped from $1.50 in 8Apr20 to $16.44 on 29Jul20 in just 110 days. The turnaround was due to a new management team that came in to cut costs, sell parts of the business to reduce debt by $100m, and Q2 profits, as a result, were boosted up. A lot.
So just comparing a company like SPT with no debt, great exec team, similar profit and so much on the horizon you might be sitting on $16 a share. Love to have a crystal ball to see the share price at the end of November.
