Multiples for Cultiba are indeed very compelling, but a lot is still uncertain. Not too much information on the company to be honest. Like the bottling business, but owning the actual brands is an even better business historically.
Would be great to figure out how the contract with Pepsi works. How is the pricing done & how will it develop over time. What is the arrangement with new brands (Celsius?)
I have 24 positions currently after expanding the portfolio a bit in recent months. Try to push the number back to 20 though. Looking around more makes you uncover more new positions.
In general a fan of ranking your positions. Not easy to do though. Companies have different risks & return profiles.
What is a fair discount for Cultiba (Mexican Pepsi bottler) vs Coca-Cola Femsa?
A price earnings ratio of 8 vs 16 seems excessive to me (2.5 times EV/EBITDA is cheap).
Great that you like the series!
Multiples for Cultiba are indeed very compelling, but a lot is still uncertain. Not too much information on the company to be honest. Like the bottling business, but owning the actual brands is an even better business historically.
Would be great to figure out how the contract with Pepsi works. How is the pricing done & how will it develop over time. What is the arrangement with new brands (Celsius?)
I have 24 positions currently after expanding the portfolio a bit in recent months. Try to push the number back to 20 though. Looking around more makes you uncover more new positions.
In general a fan of ranking your positions. Not easy to do though. Companies have different risks & return profiles.