RE:RE:RE:Winpak Reports Q1 EPS Miss of US$0.38 -- Provides OutlookThanks for the response Zack. I have invested is companies like these in my past.........one fine day .....such stocks double.......it take a while but it happens.
Yes boring company ......but boring is what I love........ Business is good at winpak......they dont care about Q/Q results.....but is very good business.
If you are good with options.......writing puts and selling covered calls ......should be a good idea.( you can generate income)
Still working on the DD.......the only draw back i see is >50% is held by a family means there is no way this will get bought out. But there is immense value.
Never seen a company in my life which issues 65M shares when founded and never issues stock options or raised equity capital or any sort of dilution............Pretty impressed at that.
I would definitely love to pick this up more during a correction/sell off ....... Took a small position.......
My first impression: Great retirement stock.......will post more in the coming days......