Given fairly steady earnings and net cash position, GAPack is inexpensive - and possibly attractive to PE players. Pegged to its longer-term forward EV/EBITDA average, there is ~40% upside from here.
Boomeranged on Fri, 1 Dec 2023 00:29
Nothing like bringing one of your customers - China Mengniu - on board (so to speak), both as a substantial shareholder (5.01%) and board member (NED). I’d assume Mengniu is against XJF's new board appointees, therefore tipping the balance of power a bit more to Jeff Bi's corner.