Greif, Inc.
GEF.B
position
long
Paul Isaac
Thesis
We have a sizable position in the Class B shares of Greif, Inc., a packaging manufacturer. The Class B shares are trading at about ten times earnings and pay a solid dividend, while the company is diversifying into profitable areas like flexible packaging. The management is actively buying back Class B shares, indicating confidence in the business's future growth.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. While the thesis mentions positive factors such as earnings multiples, dividends, and share buybacks, we cannot determine their impact on the stock's performance. Therefore, the outcome remains uncertain.
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