This stock is a little boring for the market but the HF result...

This stock is a little boring for the market but the HF result is good with a strong medium term outlook.

Management have adapted quickly to the cost environment and continue to improve top line sale strongly with the bottom line now showing signs of catch-up.

Would not surprise to see the rigid division eventual sold to the likes of PGH and a big purchase made in the industrial sector; if this happens PPG should get a substantial rerating as the current HY shows there is good growth and margin opportunities here for the company.