to join the discussion
Mondi's up 3.16% today and the packaging demand story remains decent, but I'm sidelining this one for now - my capital is better deployed in construction plays where government's eventually going to have to open the taps on infrastructure spend.
Ay, Mondi down almost 10% today, that hurts to watch but I'm thinking this might be the time to add a bit more if I can stretch the budget.
Mondi got smashed today at minus 9.45%, eish. Our packaging stocks are taking strain while the commodity guys are struggling, so maybe time to look at what's dragging the whole sector down or if MNP is just having its own problems.
MNP's 6.71% drawdown today presents an interesting volatility skew against International Paper, which hasn't seen comparable selling despite similar packaging headwinds in the eurozone. The implied volatility on MNP puts has spiked above 35%, pricing in significant downside risk
Mondi's down 1.03% today but the longer-term thesis remains intact if you're watching their packaging division's exposure to e-commerce logistics. The containerboard and specialty paper segments are showing resilience through channel checks despite European energy headwinds, thou
MNP down 0.57% to R18811 on a Wednesday—packaging demand staying soft. Pulp prices haven't recovered enough to offset the headwinds.
Mondi Plc (MNP) in the portfolio for 3 years. The thesis hasn't changed.
MNP up 1.34% to R19199 today but packaging demand is still under pressure globally. Is anyone holding through this weakness or waiting for clearer signs the cycle's turning?
MNP up 2.19% to R19313 today - packaging demand finally catching some momentum? Paper stocks have been painful but if input costs are easing, this could run.
MNP up 0.69% to R19184 but the rand weakness is masking real operational headwinds in containerboard demand — holding until next earnings to see if margins stabilize.