Frankly, I would have never invested in saner moments in any share whose PE is more than ROCE. 
So, it goes for both Vintage Coffee and CCL.
But then, every investor dreams of stumbling upon a turnaround company. First time I bought it at 48 It went down to 22 too (52 weeks low is 17.35), but then I should not have sold my original holding when I got rights at 12. Shortage of funds was the reason.
So, my holding is up 18% now for my pains. As per the Screener* “Debtor days have improved from 84.7 to 60.4 days.”
But I still have hopes of this share. I have just checked and it is at 52 high. The CCL has not done so well.
But honestly, I have never compared Vintage and CCL.
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