7Lun·

Why I am investing in a Spanish glass (bottle) manufacturer ($VID (-0,67 %) ).

Established company
Solid growth
Even more undervalued after weak quarterly figures from the market
is currently developing the Brazilian market and leaving the Italian market (hence the weak figures), but in my opinion Brazil offers significantly more potential in the long term.

Specific reasons for my portfolio:

Diversification in the South American market and Southern Europe.

Q1 report

https://www.vidrala.com/default/documentos/1900_en-business_performance_q1_2024.pdf

01.07

Vidrala

Compró 20 a 101,30 €

2026,00 €

11 Comentarios

Memo0606@Memo0606

7Lun

do you really think the share is undervalued?
very interesting share!

•

Shrimpman@Shrimpman

7Lun

@Memo0606 Yes, high margin, not too high dividend payout ratio, solid ROE and, in my opinion, sensible investments in the future for a P/E ratio of 14

•

Memo0606@Memo0606

7Lun

@Shrimpman lands on my watchlist

••

Memo0606@Memo0606

7Lun

@Shrimpman after the small correction also worth buying for me at €90

••

Ronald@AlterMann

7Lun

Why are they out of Italy and why Brazil of all places, how is this expansion supposed to take place and what will it cost again...

••

Shrimpman@Shrimpman

7Lun

@AlterMann Brazil has significantly higher margins (approx. 20% more)

••

Enrique@Dividenden_Monteur

7Lun

@AlterMann Out of Italy because, apart from spirits, most manufacturers are switching to PET.
More efficient across the board

••

Ronald@AlterMann

7Lun

@Der_Dividenden_Monteur So they've lost everything and are clinging on to Brazil. If that had been a real alternative earlier, they would have done it sooner, wouldn't they?

••

Enrique@Dividenden_Monteur

7Lun

@AlterMann I would say yes. I still keep in touch with old colleagues from the industry and PET is still going like hotcakes.

••

Ronald@AlterMann

7Lun

@Der_Dividenden_Monteur I suspect they are trying to salvage something that is perhaps no longer salvageable.

••

Shrimpman@Shrimpman

7Lun

@AlterMann You can see it however you like, but I don't think gas bottles will simply disappear because they don't have the microplastic problem of PET bottles. The figures also show that the expansion into Brazil is working.

•