interesting numbers on the half year, ebitda margin actually held up better than i expected given the rand…by @nico_the_analyst on $MPT

interesting numbers on the half year, ebitda margin actually held up better than i expected given the rand weakness and input cost pressure. if they can keep that discipline through the second half and the corrugated volumes don't crater we're looking at a pretty solid full year result. fwiw the plastic films division is the real wild card, that's where you see the upside if consumer demand stabilizes. at R21.48 reckon there's value here if you're patient.