KAP's modest uptick doesn't particularly move me either way. The real question remains whether management c…by @cape_value_investor on $KAP

KAP's modest uptick doesn't particularly move me either way. The real question remains whether management can sustain meaningful ROIC improvements or if we're simply witnessing cyclical margin expansion. Until I see evidence of durable competitive advantages reflected in the embedded value, daily moves of 2% are merely noise.