Richards Packaging Income Fund T.RPI.UN

revisiting rpi.un

[rational]

I owned/followed rpi years ago. I missed the covid/acquisition boom, but I recently read their agm presentation and last quarterly.

I see that their market diversification has significantly changed (leaning toward medical), and I noted that they are claiming major headwinds in food & beverage related to industry inventory excesses.

Beyond that, I see that debt is low, and, although, cash flow and earnings have declined, payout ratio is still well covered.

So why does it continue to trend down? Is this an industry trend or is there something concerning about rpi specifally?

thanks in advance

[CanCro]

I have also found this whole trend upsetting. The stock is on a steady slow downward path for the past 3 years. It goes 2 steps ahead and then 3 steps back. If you look at the chart it seems that this a part of a plan. It wouldn't surprise me if some insiders are doing this on purpose. I havent seen any good reasons for the continual drop. Does anyone have any ideas about this? It looks like

[incomedreamer11]

No rush to buy this stock. Long-term support around 25 - 26 CAD ( was confirmed in March 2020) Watch out, if will be  traded below 26 on big volume. Distribution -not attractive and no growth for last 5 years