n Personal Finance Newsletter - Making the case for Hulamin : investment insights

Volume 2015, Issue 413
  • ISSN :



As a relatively small industrial company living off the bounty of cheap energy supplied to BHP Billiton's aluminium smelters in Richards Bay, the writing was on the wall for Hulamin a few years ago when BHP made plain its intention to close the Bayside smelter. However, the management team moved quickly to secure the feedstock vital to its operations, as well as position the company for a seismic shift in the way alcoholic beverages are packaged. What follows is an in-depth look at the investment case of a company that appears to be extremely cheap.

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