n Personal Finance Newsletter - Packaging companies - tough 2005, what about 2006? : markets
|Article Title||Packaging companies - tough 2005, what about 2006? : markets|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Feb 2006|
|Pages||4 - 5|
Extracted from text ... 4 February 2006 Moneyweb's PERSONAL FINANCE MARKETS 2005 proved to be a tough year for the packaging companies listed on the JSE. While the average growth in share price of the JSE was just over 40% for the year, the six listed firms that focus on glass and plastics delivered a lukewarm return of 13% in comparison. These companies are Consol, Nampak, Astrapak, Transpaco, Bowler Metcalf, and Alex White, all of which are listed in the support services sector. Given that South Africans are enjoying good economic times, with a result these firms have poor pricing power when it ..
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