interesting numbers from h1, ebitda margins actually held up better than i expected given the rand weakness…by @nico_the_analyst on $MPT

interesting numbers from h1, ebitda margins actually held up better than i expected given the rand weakness hitting imports. plastic films segment still taking strain but corrugated is doing the heavy lifting, worth noting their working capital tied up in raw materials is getting squeezed. imo if they can keep pricing power in corrugated through the next cycle and get some rand stability, R21.63 isnt the worst entry point for a 2-3 year hold