The Disaster That Is American Packaged Nutrient (K; Gis)

Not talking nutrition here, only shareholder wealth destruction.
We've been posting on the profits potential on the curt side for the terminal twain years together with things convey exclusively gotten worse for the quondam giants over the terminal few months:

General Mills

FinViz

Kellogg

FinViz

Yes indeedy, a tendency appears to hold upwards emerging.
And nosotros are getting to a greater extent than or less company:

$K selling off into earnings is a tell-tale. The study actually doesn’t matter, $K’s earnings are largely a business office of accounting gimmicks. pic.twitter.com/TF92mInK4n

— Prescience Point Capital (@PresciencePoint) May 2, 2018

Prescience Point is curt Kellogg’s $K. We come across 35% downside based on our analysis of the company’s accounting maneuvers, transportation practices, secular trends inwards the nutrient space, together with self-serving management. Read our total study here: https://t.co/vYpKq2P22C

— Prescience Point Capital (@PresciencePoint) April 26, 2018

Previously:
The David Says Eat More Packaged Food (and curt the stocks)
Packaged Goods: "...America's Venerable Food Brands Are Struggling"
Nine of the World's Biggest Packaged Food Companies Have Launched Venture Capital Units
"Hungry for Investment: Big Food Races Toward Startups"
Dealflow: "New Investors Flock To Food"
March 2017
M&A In European Food

I'm non certain that consumer packaged goods is the expanse to hold upwards in, at to the lowest degree non inwards the U.S.A. together with non based on names similar Kellogg or General Mills.
For a quarter-century those manufacturers ratcheted prices every bit though they were tobacco companies but people uncovering it easier to hand upwards their Cheerios than their cigarettes.
The managements milked that approach for pretty much all it was worth so, every bit operating entities, they aren't all that attractive but somebody volition determine the exclusively thing left to create is to property strip or dividend recap the life out of the quondam cash cows.
Top o'the marketplace position to ya.... 

March 2018

Sometimes This Investing Thing Seems Easy: Consumer Packaged Goods Edition (GIS)

But first, a bit-o memento mori:

We're all victims of our ain hubris at times. 
—Kevin Spacey

Hubris is 1 of the corking renewable resources. 

—P. J. O'Rourke

Every fourth dimension I larn accustomed to depression volatility, similar nosotros were towards the destination of the Greenspan era, together with nosotros mean value nosotros convey all the levers nether the control... something erupts to remind us that the stance that anybody is inwards command of everything is hubris. 

—Lloyd Blankfein 

All via BrainyQuote We've been talking for a land at 1 time most what a lousy concern consumer packaged goods (ex-Nestlé) has become...