$Tupperware(TUP)$ People due to increasing prices of food everywhere tend to fill their freezers with tupperwares all over the world to save money due to price jacking in resturants and unreasonable tipping criterias and use tupperwares on daily basis for everything. This stock has a lot of potential it might reach 200$ maybe more especially it is available all over the world including china and USA.
I think we could see anywhere from a 10%-80% gain tomorrow, the word is just getting out still. And we have a lot of non-believers. Tupperware actually has potential to expand its distribution, thus increasing revenues, and decrease expenses. The reality is that they make a good product that is still desirable by all ages.
As for financial data, the company still does 1.3 billion in revenue. Just has to reduce its expenses, expand distribution and focus on paying down debt. Focus on Brick and Mortar and not so much Tupperware parties and revenues are bound to go up.
Cut your expenses, I am sure there are all kinds of efficiency cuts. Do this, and you net 20% on 1.3 billion. Subtract loan interest payments of 100 million annually, and you still make 160 million annually. Take the 160 million x PE Ratio of 12 and the company is worth 2 billion dollars. Or a share price of $42.70. Pay off all the debt in 10 years, and the company is now worth $100+ a share.
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