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Bullboard - Stock Discussion Forum Preformed Line Products Co PLPC

Industrials
Preformed Line Products Company is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead, ground-mounted and underground networks for energy, telecommunication, cable, data communication and other similar industries. The Company provides formed wire solutions, connectors, fiber optic and copper splice closures, solar hardware mounting... see more

NDAQ:PLPC - Post Discussion

Preformed Line Products Co > Ivey value fund, Oops
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Post by undervalue on Jun 13, 2023 12:41pm

Ivey value fund, Oops

On February 2, 2023 and March 3, 2023 the Fund sold shares in Preformed Line Products Company, liquidating its position in its entirety as the stock’s price exceeded our estimate of intrinsic value. The average sale price per share was $100.47

Missed the next $76.  Intrinsic value meets sector tailwinds.  Tailwinds have won so far.
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