I’m confused with this cost rising argument. Does ora visy & other packaging companies get to keep costs down? Oil price goes up creating blanket input increases across most industries causing price inflation for the consumer? Any margin compression is temporary. Rising oil, U.S rates & USD probably means inflation & asset price deflation, if so pgh should outperform long. (High debt is not great but there should be relatively cheap credit available to quality businesses)
Ann: Resignation of CEO & Managing Director, page-39
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80.0¢ |
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Mkt cap ! $292.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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|---|---|---|
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