Thanks a lot brother, even though the promoters were coming out in open and declaring that we have nothing to hide and are in talks with nestle and shareholders can visit the plant and blah blah blah. I really felt something was off so avoided giving 20 p/e, although stock has done well but still i don’t think it deserves anything above 10 p/e. I myself did a little bit of scuttlebutt and found that whatever the management might claim but wholesalers are avoiding this because of inconsistent product quality. I don’t know how it might pan out but all i know is i am not giving this company anything above 10 p/e. As far as QSRs are concerned consistency is important, so that whole dream of selling to anyone and everyone falls apart, and further about flexible packaging, i think huhtamaki is doing fantastic job, cracking nestle code won’t be easy. Other than that you can expand capacities as much as you want, no one is stopping you.
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