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BCF's been getting smashed on the plastics cycle but fundamentals aren't that broken. packaging demand from fmcg isn't going anywhere and at R13.99 you're getting decent value if they can tighten ops a bit. long term play imo, not a quick flip.
Interesting how bcf is holding R13.99 given the rand pressure on import costs. Plastic packaging plays usually get squeezed on input prices but if they can pass it through to customers the margin story works long term. Worth reading their latest sens to see if volumes are moving or if it's just pricing games.
Good Morning Everyone, BCF sitting at R13.99 close, market cap around 2.4bn rand. Plastic packaging demand stays solid long term especially industrial side, not going anywhere. Institutions holding steady, volume's been decent last few weeks. Thesis is boring but boring pays.
Plastics packaging plays well long term, especially when rand stays weak. BCF's margins get squeezed by input costs but the volumes are solid and they've got pricing power with their customer base. Not selling at R13.99, good day to top up if you believe in the rand story.
BCF getting hammered today on what looks like profit-taking, but this is a resource play so volatility comes with the territory. If the commodity tailwinds persist, this dip could be worth averaging into for patient capital willing to stomach the swings.
Good morning everyone BCF closed at R14.36 but the real question is whether the plastics packaging demand holds up if the economy keeps limping along. Their volumes have been soft on the back of load-shedding hitting manufacturing, which is brutal for a converter. Worth reading the latest SENS to see if they're managing margin or just getting squeezed on both ends.
bcf sitting at r14.36 and honestly the packaging volumes just aren't moving like they should be. plenty of capacity but customers are squeezing margins, eish. need to see them land a decent contract with one of the big fmcg boys or this stays range bound, makes sense to me.
Look, everyone crying about the R14.36 close needs to remember this is a plastics play in a country with real demand for packaging. Yeah margins are thin right now but the capex they're doing on the extrusion lines is going to change that story when volumes ramp. WE ARE A PRE-REVENUE COMPANY in terms of what the new capacity actually generates, can't fix stupid, but look at what Mpact did once they got their ops sorted, geezus.
BCF up 6.15% today and trading at R13.80. Need to see if this holds or just noise, but the move warrants checking what's driving it. Resources sector can be choppy so let's wait for earnings or production updates before getting too excited.
bcf sitting at r13.80 and margins are getting squeezed hard on the back of input cost pressures. read through the latest sens and theyre banking on volume growth to offset but plastic packaging is commoditised as hell. reckon the dividend yield is the only thing keeping this interesting for income players
BCF been flat for ages. Plastic packaging margins getting squeezed everywhere but the balance sheet is solid. Need to see them land a decent contract with one of the big retailers or food producers, that's when this moves. Otherwise just sitting here at R13.80 collecting dust.
Do you think BCF can actually grow volumes when half the country's on load-shedding. Packaging demand usually follows GDP but we're basically flat. At R13.80 the market's pricing in what exactly, a turnaround.
BCF getting absolutely hammered on sentiment but the plastics packaging space is massive in SA, we've got constant demand from food and beverage. At R13.80 this is criminally cheap for a company with real revenue and contracts, people are just scared of the macro but that's exactly when you load up on quality manufacturers.
BCF catching a bid at R1350 today, up 1.50%, but I'm struggling to see the construction angle here unless they're pivoting into materials supply for infrastructure projects. Resource plays don't really move the needle for me when what we need is actual government spend on roads a
BCF at R1330 is sitting flat today but looking at resources over time, these picks need patience because they swing wildly based on commodity prices and that's nothing like the quick pumps I chased in crypto. The boring approach here is to hold if you believe in the fundamentals
BCF holding steady at R1330 today, not moving much but at least it's not dropping hey.
BCF down 1.48% today but I'm curious what's driving the dip since Resources has been volatile lately. Would need to see their latest cash flow and capex guidance before deciding if this is noise or a real concern, especially given where commodity prices are trading.
BCF down 0.67% to R1331 - minor pullback but nothing alarming for a resources play, might be worth nibbling if it tests R1320.
BCF down 0.67% today at R1331 - is this weakness just noise or are investors finally pricing in the operational headwinds?