Market Wrap - non-plastic packaging Mondi
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Graeme Franck from PSG Wealth discusses the day’s market moving activity.
The whole world is going anti-plastic and Mondi is very strong in non plastic packaging. It trades on a forward PE of about 13 times, not a dripping roast but they certainly have a lot of runway for growth in the years to come. Their dividend yield is also just under under three percent.
The whole world is going anti-plastic and Mondi is very strong in non plastic packaging. It trades on a forward PE of about 13 times, not a dripping roast but they certainly have a lot of runway for growth in the years to come. Their dividend yield is also just under under three percent.
