Post by
DanielDarden123 on Jun 27, 2021 1:42pm
Opportunity?
Yes envelopes are not new but when you are the dominate supplier and manufacturer you have pricing power which allows for attractive margins and cash flow. The packaging side is expanding with e-shopping and looks promising going forward. With adequate working capital and a stellar balance sheet, all metrics suggest a vastly undervalued company.
Typically, investors are afraid of deep value and assume the worst instead of appreciating the opportunity. We are more comfortable when a stock is going up in price. Negative sentiment is often temporary and fleeting but fundamentals are eventually recognized.
Comment by
2young2invest on Jun 27, 2021 3:48pm
I would buy more, if it dips below $2, even so I have my concerns about new CFO. :)