Nampak - repackaged for success?


 We have all watched those makeover shows where some random, frumpy, fifty-year-old woman is yanked off the streets into a swanky studio, attacked by an army of stylists and emerges as a sleek, gorgeous lass.


Nampak is the stock that comes to mind that has had the same lustrous turnaround even if it is still wearing a pair of spanx to contain the bulge of debt. 


It has managed to cut costs, shed and sell businesses, turn a profit through the successful DivFood restructuring, capitalise on glass shortages and expand into developed markets. This turnaround has not been easy and still continues under difficult conditions but Nampak has emerged to become a better company. It may never reach its glory of becoming a blue chip again but I do feel it is a company that can still unlock some value. 


Here are my insights on how Nampak has repackaged and positioned itself to tackle the new financial year:

Company overview of Nampak Ltd





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