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mpact's been getting hammered on rand weakness and input costs but the corrugated side still shifts volume…by @swordfish_sa on $MPT

SW
swordfish@swordfish_sa·Bullish

mpact's been getting hammered on rand weakness and input costs but the corrugated side still shifts volume even when things are grim. R21.48 is probably fair value if you reckon the recycled content push keeps margins from collapsing. packaging never goes out of style, just depends if management can stop the bleeding on plastics.

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